Despite a bearish outlook across the cryptocurrency landscape, Ethereum (ETH), the world’s second-largest cryptocurrency, is poised for a notable upside rally. A bullish price action pattern and record interest from traders support this positive outlook. Ethereum Open Interest Hits Historic High On November 26, 2024, on-chain analytics firm Coinglass revealed that Ethereum’s (ETH) Open Interest...Read More
Dogwifhat (WIF), a popular Solana-based meme coin, is making waves in the cryptocurrency realm with its impressive performance amid bullish market sentiment. However, WIF’s rally today surprised everyone, as the price rallied by over 67% in the past 24 hours. Coinbase’s WIF Listing Announcement This notable rally in the meme coin was witnessed after Coinbase...Read More
Dogwifhat (WIF), the leading meme coin on Solana, now shows potential for an upward rally as it has formed a bullish price action pattern on the four-hour time frame. It has been nearly three days since significant upward momentum has been observed across most cryptocurrencies. Meanwhile, WIF has remained stable with no major price fluctuations....Read More
The volatility across the cryptocurrency landscape has skyrocketed ahead of the U.S. election. Amid this, Litecoin (LTC) has reached a make-or-break level that could potentially lead to the liquidation of millions of dollars in traders’ positions. Litecoin (LTC) Technical Analysis and Upcoming Level According to expert technical analysis, Litcoin (LTC) is trading within a bullish...Read More
Dogwifhat (WIF), the popular Solana-based meme coin has turned bearish as Bitcoin (BTC), the world’s largest cryptocurrency breached its crucial support level. Following this incident, the sentiment across the cryptocurrency landscape has significantly shifted towards a downtrend. Dogwifhat Technical Analysis and Upcoming Levels According to expert technical analysis, WIF has turned bearish as it breached...Read More
Amid this price correction, Popcat (POPCAT), a popular Solana-based meme coin appears bullish and has formed a perfect buying opportunity with an excellent risk-reward ratio. The potential reason for this bullish outlook is the meme coin’s daily chart pattern and bullish price action. POPCAT Technical Analysis and Upcoming Levels According to the expert technical analysis,...Read More
The popular Solana-based meme coin, Popcat (POPCAT) is poised for a notable price decline as it flashes bearish price action on the daily time frame. The meme token has gained significant attention from crypto enthusiasts in recent days due to its impressive performance. POPCAT Technical Analysis and Upcoming Levels According to CoinPedia’s technical analysis, POPCAT...Read More
Amid the ongoing uncertain cryptocurrency market sentiment, Chainlink (LINK) is poised for a price decline as it has formed a bearish price action pattern on its daily time frame. In addition to LINK’s bearish outlook, its price has started declining alongside other major cryptocurrencies. LINK Price Momentum At press time, LINK is trading near the...Read More
On October 1, 2024, the popular Solana-based meme coin Bonk (BONK) made a headline as it topped the cryptocurrency market with its impressive performance. In the ongoing struggling cryptocurrency market, BONK has outperformed major cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and many others with a significant price surge of over 9.5% in the...Read More
In the past few days, the overall cryptocurrency market has recovered nicely. Amid this recovery, asset management giant BlackRock has continued increasing its Bitcoin (BTC) holdings. On September 28, 2024, the asset manager purchased a significant 1,684 BTC worth $110.7 million, as shared by an on-chain analytic firm Lookonchain. BlackRock’s Recent Bitcoin Purchase In addition...Read More
In the past few days, the cryptocurrency market has recovered significantly, but Maker (MKR) though initially lagging, now appears poised for a significant rally. With bullish market sentiment, MKR has recently broken out of its bullish price action pattern resulting in an increase in interest from traders and investors. Maker (MKR) Technical Analysis and Upcoming...Read More
Amid the ongoing market reversal, Telegram-linked Toncoin (TON) has experienced a breakout from a long consolidation zone, with on-chain metrics now flashing a buy signal. Prior to this rally, TON had been consolidating between $5.38 and $5.80, near the $5.75 resistance level for the past two weeks. TON Price Momentum However, today’s impressive rally broke...Read More
The Artificial Superintelligence Alliance (FET) appears to be highly bullish and is poised for a significant upside rally, likely due to its breakout confirmation and support from the vice president. FET Technical Analysis and Upcoming Level According to expert technical analysis, FET appears bullish after successfully retesting its breakout level of $1.53, which occurred on...Read More
After a sell-off of 350,010 Pendle (PENDLE) tokens worth $1.26 million on Binance and Bybit, a post by former BitMEX CEO and co-founder Arthur Hayes on X (formerly Twitter) gained widespread attention. On September 21, 2024, Hayes posted that Maelstrom (Hayes family office fund) had reduced its PENDLE holding. Despite the token reduction, PENDLE remains...Read More
The Artificial Superintelligence Alliance (FET) is making a wave in the cryptocurrency landscape following its impressive price performance over the past few days. With its remarkable price surge, FET has confirmed its bullish breakout from an inverted head and shoulder price action pattern. FET Technical Analysis and Upcoming Levels According to expert technical analysis, FET...Read More
In this struggling cryptocurrency landscape, the popular Solana-based Popcat (POPCAT) is projected to hit $1 due to the formation of a bullish price action pattern. On September 17, 2024, with its impressive performance, POPCAT outperformed top meme coins including Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and many others. POPCAT Price Momentum At press time,...Read More
After a continuous price drop of over 12% in recent days, Tron (TRX) is now poised for an upside rally, as its price action and on-chain metrics hint at bullishness. Following its breakout of a strong resistance level of $0.145 has soared more than 16% and never retested. Tron Successful Breakout Retest With the recent...Read More
In this ongoing market sell-off, WazirX exploiter and Ethereum foundation have moved millions worth of Ethereum (ETH) and made the sentiment more bearish. Recently, the on-chain security firm CertiK Alert made a post on X (previously Twitter) that the exploiter transferred a significant 3,000 ETH worth $7 million to TornadoCash. WazirX Hacker Shifting Millions of...Read More
The overall cryptocurrency market is in a downturn, but key metrics are flashing that the XRP price is set to skyrocket. In the past week, XRP has experienced a massive price drop of over 12% potentially due to the bearish market sentiment and the recent decline in Bitcoin (BTC). XRP’s Bullish Signals The current data...Read More
The cryptocurrency market took a massive hit in August 2024, losing over $310.94 million to a series of devastating hacks, scams, and exploits, according to the data shared by the on-chain security firm CertiK Alert. This substantial crypto loss in a single month was the second-largest loss so far in 2024, while the biggest $324.7...Read More
In the volatile world of cryptocurrencies, some believe meme coins are the best way to make easy money. Today on August 9, 2024, an on-chain analytic firm Lookonchain shared a post on X (previously Twitter) revealing that five insider wallets have made over $4 million from a newly created meme coin. Meanwhile, another trader lost...Read More
Analysts across the cryptocurrency space believe that one major update, paired with strong bullish sentiment, could trigger an explosive move for XRP similar to the one seen in 2017. Egrag Crypto took to his X handle and set a minimum target of $6.4 for the cryptocurrency. Despite recent market fluctuations, the monthly candle formation is...Read More
Despite Bitcoin’s recent decline towards the $58K level, the meme coin sector has maintained its momentum. Many top meme coins preserved their volatility during the sharp market drop, as they are generally less affected by market declines. Notably, Dogecoin’s price has rebounded from its recent low due to increased accumulation. Currently, DOGE is targeting a...Read More
Today, the cryptocurrency market faced a lot of selling, causing the price of Bitcoin to fall sharply below important support levels and head toward a low of $59,000. This drop was triggered by an announcement from Mt. Gox about starting repayments, which led to fears of more selling. At the same time, the price of...Read More
The analyst/host of The House of Crypto took to his latest video and said that there’s potential for a massive bounce back for altcoins, particularly as Bitcoin dominance appears to be declining. Historically, this has signaled the onset of an altcoin season. He discusses specific altcoins that are currently rebounding and explores the broader market...Read More
As Bitcoin’s price declines from its recent peak of $70K to the low of $65K level, the once-lucrative meme coin market is feeling the pressure. The sector had previously offered robust returns exceeding 500% among the top tokens by market capitalization. Now, traders are cautiously eyeing potential gains in meme coins amid the downturn. However,...Read More
The $4,000 level for ETH price now seems like a distant dream. Ether has remained below its key resistance channels for the last few days, even with the upcoming launch of its spot exchange-traded funds (ETFs) in the United States. Some believe the absence of bullish momentum for ETH comes from uncertainty about the regulator’s...Read More
Ethereum’s price is gaining strength as it previously struggled to attract buyers near key resistance levels. The ETH ETF sector is experiencing a positive net flow, driving a strong push toward the $4,000 psychological mark. Analysts predict a significant upward trend if ETF inflows continue to rise. Moreover, various on-chain metrics have recently improved, strengthening...Read More
During Bitcoin’s climb to May’s high of $71.1K, the meme coin sector proved to be the most profitable, trending tokens by market capitalization yielding returns over 40%. However, as the price of Bitcoin settled back to around $69K in recent hours, several meme coins are facing a strong rejection from sellers. Interestingly, SHIB price failed...Read More
As we approach the end of May, crypto traders are eagerly awaiting a new week filled with a series of potentially impactful macro events. From Binance’s trial in Nigeria to the FIT21 bill’s voting, these events might have a significant impact on the crypto market. These Events Might Decide Market’s Next Move In recent days,...Read More
