Archives par catégorie: Business

ADA Price (Cardano) Close Below $0.38 Could Spark Larger Degree Correction

ADA Price (Cardano) Close Below $0.38 Could Spark Larger Degree Correction

Cardano’s price started a fresh decline from the $0.460 resistance. ADA could decline further if there is a clear move below the $0.38 support. ADA price declined heavily from the $0.460 resistance against the US dollar. The price is trading below $0.400 and the 100 simple moving average (4 hours). There was a break below […]

Ethereum Price Vulnerable To More Losses If It Stays Below $1,920

Ethereum Price Vulnerable To More Losses If It Stays Below $1,920

Ethereum price extended its decline below $1,920 against the US Dollar. ETH could continue to move down if it breaks the $1,820 support zone. Ethereum traded further lower below the $1,920 support. The price is trading below $1,920 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with […]

Bitcoin Price Could Resume Increase But 100 SMA Is The Key

Bitcoin Price Could Resume Increase But 100 SMA Is The Key

Bitcoin price is attempting a fresh increase from the $27,200 support. BTC must clear $28,000 to start a decent increase in the near term. Bitcoin extended its decline below the $28,000 support zone. The price is trading below $28,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend […]

Avalanche Struggles Under $18 – More Losses Seem Likely

Avalanche Struggles Under $18 – More Losses Seem Likely

Over the last few days, Avalanche has experienced significant losses, plunging by almost 20%. On a weekly timeframe, AVAX has lost 10% of its market value. Although the daily timeframe indicates that AVAX has made a slight upward movement on its chart, with an appreciation of 1.6%, the technical outlook for Avalanche remains bearish. Buyers […]

PepeCoin (PEPE) Rallies By 42% As Interest In Memecoins Rises

PepeCoin (PEPE) Rallies By 42% As Interest In Memecoins Rises

PepeCoin (PEPE), a newly launched memecoin, has been a focal point of investors’ interest in the last few days due to its massive market gains. In a crypto market that is generally bleeding red, PepeCoin, along with a host of other memecoins, has been quite profitable for investors.  PEPE Gains 42% In 24 Hours According […]

Celer Network (CELR) Soars 11% Amidst General Bearish Trend

Celer Network (CELR) Soars 11% Amidst General Bearish Trend

Celer Network (CELR) is currently experiencing a market pump amidst a general crypto fall. In a week in which several assets have bled with significant losses, CELR has repaid investors’ confidence gaining 10.8% in the last seven days. According to more data from Coingecko, CELR has gained by 26.3% in the last two weeks representing […]

BONE Surges 8.3% As OKX Amasses 1.71 Million BONE Tokens In Single Day

BONE Surges 8.3% As OKX Amasses 1.71 Million BONE Tokens In Single Day

While the crypto market appears to be in decline, Bone Shibaswap (BONE), the Shibaswap ecosystem’s governance token, has been on the rise. As of this writing, the price of Bone Shibaswap has ballooned to an impressive 8.3% in the past 24 hours, according to CoinGecko data. However, a broader look at BONE’s market performance indicates […]

Bitcoin Price Analysis: Is A Retracement To $25,000 Likely?

Bitcoin Price Analysis: Is A Retracement To $25,000 Likely?

Despite the relative performance of altcoins in 2023, Bitcoin has seen a significant 75% bullish rally since the beginning of the year. However, Bitcoin’s price has been unable to surpass the resistance level of $30,000 for a week, and this has stirred a technical belief that there is a possibility of a retracement streak toward […]

Ethereum (ETH) Drops 11%, Sheds All Gains From Shanghai Rally

Ethereum (ETH) Drops 11%, Sheds All Gains From Shanghai Rally

Ethereum, the world’s second-largest cryptocurrency, has seen its recent rally come to a screeching halt as Ethereum (ETH) has erased all of its gains in the wake of the highly anticipated Shanghai upgrade.  While many had high hopes for this upgrade, which promised to improve the network’s speed and scalability, the market seems to have […]

China Is Fast Losing Money: Their Bitcoin Stash Just Fell By $388 Million

China Is Fast Losing Money: Their Bitcoin Stash Just Fell By $388 Million

When Bitcoin prices fell from $31,000 to below $29,000, the total value of BTC held by China fell by over $388 million to around $5,4 billion.  China’s Bitcoin Stash Fell By $388 Million Bitcoin is trading below $28,500 and looks likely to edge even lower, considering the formation in the daily chart. With every tick lower, […]

XRP Correction Continues: Elliott Waves Theory Predicts Wave 2 At $0.38

XRP Correction Continues: Elliott Waves Theory Predicts Wave 2 At $0.38

Since reaching its yearly high of $0.5842 on March 29th, XRP has experienced a significant price drop. The token has lost its bullish momentum and failed to breach higher levels, disappointing investors who were optimistic about the uptrend of one of the largest cryptocurrencies in the market. It is worth noting that XRP’s recent price […]

Tornado Cash Suffers 13% Bear Hit, Will Parole Save Price?

Tornado Cash Suffers 13% Bear Hit, Will Parole Save Price?

Tornado Cash token (TORN) is trading on a negative 13% in today’s trade session, canceling its previous day’s gains and rally, which saw the token rise close to the $12 mark. Coinmarketcap data reveals the token to be trading at $8.77 at the time of writing, a significant drop from where it was in price yesterday. […]

Time To Pay Attention: Bitcoin Reaches “Logical” Level

Time To Pay Attention: Bitcoin Reaches “Logical” Level

Bitcoin price is experiencing one of its more significant corrections since the trend began to change directions.  According to the creator of the Bollinger Bands, it’s once again “time to pay attention” — this time because BTCUSD has pulled back to a “logical” level.  Bitcoin Begins Pullback To Logical Level Bitcoin reached almost double from […]

Shiba Inu Whales On Buying Spree, Add 311 Billion Tokens During Price Dip

Shiba Inu Whales On Buying Spree, Add 311 Billion Tokens During Price Dip

Whales have resumed their Shiba Inu buying spree as the meme coin price declined alongside the global crypto market. According to the WhaleStats report, a top ETH whale picked up $3.22 million worth of SHIB tokens over the past 24 hours. The Ethereum whale performed the purchase in two transactions, scooping over 311 billion Siba […]

Zilliqa (ZIL) Price Soars As Network Unveils Impressive Performance

Zilliqa (ZIL) Price Soars As Network Unveils Impressive Performance

Amid the bearish trend that suppressed several coin prices, including Bitcoin, the Zilliqa token emerged among the gainers. Zilliqa secured first place among top-gaining coins in the bearish cryptocurrency market with a 9% uptrend over the past 24 hours. This price move follows a network performance statistics update shared by a Twitter community member @inna_everstake. […]