price analysis

Shiba Inu Active Addresses Declined By 18% In A Week: Is SHIB Price Set For A Bearish Turn?

As November commenced, there was a notable surge in Bitcoin and altcoins, as their value approached the resistance peaks observed in October. However, popular memecoins such as Shiba Inu and Dogecoin struggled to attract buyers at these higher resistance marks, resulting in a slight pullback. Currently, the on-chain data for Shiba Inu presents a bearish...
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80% Of Holders Remain Profitable Despite Bitcoin’s Drop Below $35K: Could This Be An Opportunity For Accumulation?

November is set to continue the upward trend from October, as Bitcoin kicks off the month with robust gains. BTC today surged, flirting with the $35K mark before confidently taking over it, reaching highs of just above $36K. Despite the growing stability of the market and rising open interest, there’s a concern for a significant...
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Attention Traders: This Could Be Yet Another Bitcoin ‘Fake’ Breakout!

The crypto markets are soaring, with the capitalization gaining above $1.3 trillion after the recent upswing. This propelled the Bitcoin price beyond yearly highs but refrained from marking the level at $36,000. With a massive rise in trading volume of over 62%, investors have become more optimistic about the impending rally. However, a hidden divergence...
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Ripple’s Strong Start to November: XRP Price Hit $0.60 as Market Sentiment Turns Positive

Amid the recent altcoin market recovery driven by Bitcoin’s breakout above $32,000, XRP, backed by Ripple, has seen a notable price increase. Over the past two days, XRP gained more than 10%, closing November at 60 cents. While it has not reached its July peak following a summary judgment, a bullish outlook prevails when examining...
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Markets are Approaching Crucial Phase: Here’s When it May Regain $2 Trillion Milestone

The markets have displayed significant strength over the past few weeks. Bitcoin, on the other hand, is not really accelerating, but it does display some momentum. The market participants continue to remain bewildered, as they appear to be concerned about the impending trend as the debate over whether Bitcoin price action is bullish or bearish...
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Top Altcoins To Watch In November: Chainlink (LINK), Pepe Coin (PEPE), And Terra (LUNA) Set For Rally

This month’s ‘Uptober’ trend brought a strong rebound across the market, with numerous altcoins and Bitcoin reaching their highest levels of the year. Concurrently, memecoins experienced an explosive surge, notably with PEPE’s value climbing more than 100%. Motivated by these developments, both individual investors and large-scale holders have been accumulating more coins ahead of another...
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Bitcoin Price Forecast For Next Week: Bitcoin Set To Surge Above $35K As November Continues ‘Uptober’ Trend

As ‘Uptober’ concludes its chapter, November is set to carry the trend, continuing Bitcoin’s impressive upward trajectory. Over the past month, Bitcoin has recorded gains exceeding 30% due to notable developments such as Grayscale’s triumph and the listing of BlackRock’s ETF on the DTCC site. Analysts are now looking forward to the potential launch of...
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Chainlink Price Could Drop Below $10, Says an Analyst; Was This a Fake Breakout?

The crypto markets are consolidating after triggering a fine upswing in the past few days. After reaching new yearly highs above $35,000, Bitcoin’s dominance is also rising, heading to new highs. This could hinder the progress of the altcoins, as more than half of the volume is flowing into BTC at present, affecting the value...
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Bitcoin’s Key On-Chain Metrics Hold Strong Despite Fear Of ETF Pump Slowdown: Top Analysis Firm Reveals

There’s no doubt that bullish ETF news was the reason behind Bitcoin’s recent surge, sending its price above $35K. However, BTC price now faces a slight setback in maintaining its momentum following profit-taking sentiment among traders. According to on-chain data, Bitcoin shows robust health in key on-chain metrics, even as traders exhibit anxiety over the...
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Ethereum Could Soon Exceed $1,860 As 60% Of Holders Become Profitable: What’s Next For ETH Price?

Till now, in October, Ethereum has seen a surge of more than 20%, revealing the bullish momentum of ‘Uptober.’ Nonetheless, as traders seek to cash in near the peak of $1,860, ETH’s price faces challenges in climbing higher. Yet, the sentiment seems favorable as various on-chain metrics turn bullish, indicating that ETH is poised for...
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AVAX Price Analysis: Can AVAX Top $15 With This New Breakout?

With Bitcoin dominance reaching the 30-month high, the overall market finds a fresh breeze of a bull run. Similar to other major altcoins, the AVAX price skyrockets with the recovery season, blooming double-digit returns for the market.   Bouncing back from the $8 mark, the Avalanche token buyers regain trend control to rise above the 50-day...
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Top Altcoins To Watch Next Week: Ripple’s XRP (XRP), Solana (SOL) And Chainlink (LINK) May Continue Breakout Trends

This week brought a positive trend in the crypto market, with Bitcoin knocking the $30K threshold. This development has sparked buyer interest in several altcoins, potentially signaling a recovery in the ‘Uptober’ movement. With the closing of October on the edge, historical patterns suggest a solid bullish week, possibly triggering a fresh round of purchases....
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Bitcoin Price Forecast For Next Week: Bitcoin Sets Sights Above $30K As 72% Holders Turn Profitable

This week saw Bitcoin hitting $30,000, a level unseen since August, suggesting that the much-anticipated ETF could soon receive SEC approval as buyers step up their game. Additionally, with the halving event approaching, Bitcoin’s price is witnessing a significant surge in on-chain metrics. In the coming week, there’s potential for Bitcoin to not only sustain...
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BTC Price Analysis: Rising Amid Bearish Specs, Bitcoin Eyes $35K!

Staying on the bullish fast tracks amidst the declining US stock market, Bitcoin skyrockets this Thursday to enter a high-speed rally and cross $30K. The BTC price ignores the 10-year U.S. Treasury yield, taking a 6 basis point jump to reach 4.97%, almost reaching 5%.  Such high interest rates for the 10-year Treasury yield drive...
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AAVE Price Analysis: DeFi Giant On The Verge Of A Major Breakthrough?

The crypto market continues to gain a bullish move for almost a week as the top cryptocurrencies are trading in the green. On the other hand, midcap altcoins such as AAVE price continue to struggle to hold their price as the coin continues to bleed. The price has been constantly trading in a descending triangle...
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LTC Price Analysis: Bearish Waves Warns Litecoin Under $60?

The continuous downtrend for Litecoin and multiple altcoins in 2023 projects a strong resistance trendline. Leading to a streak of lower highs, the LTC price finally forms a solid footing close to $60, teasing a bounce back to reclaim trend control. Therefore, despite the strong resistance trendline, the LTC price prediction holds a bullish torch...
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Bitcoin Breakout Confirmed: Here’s When the BTC Price May Reach $50,000

The recent upswing has raised the Bitcoin price slightly above the bearish influence as it crossed one of the important barriers. With this, the optimism around the token and the entire crypto market appears to have grown to some extent. As the price reached beyond $29,000 for the first time since mid-August, traders placed massive...
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Polygon’s MATIC Flashes Bullish Signal As Netflow Becomes Negative: What’s Next For MATIC Price?

The market is now calm after the big ups and downs from yesterday, caused by wrong information about the approval of a spot Bitcoin ETF. Interestingly, many altcoins have bounced back from the uncertainty. Currently, MATIC’s price is showing some positive signs according to on-chain data. As more people are taking their MATIC out of...
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Bullish Momentum for Bitcoin Price? BlackRock Claims Whale BTC Holding!

After experiencing a massive price plunge in the crypto industry during the last week, The market leader, Bitcoin price, has displayed a bullish move as the star crypto has gained 3.62% within the last day. BTC is currently hovering close to its crucial resistance level of $28,000 and is expected to surpass it soon.  BlackRock’s...
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Top Altcoins To Watch Next Week: Loom Network (LOOM), Bancor (BNT) And Solana (SOL) Prices Might Register More Gains

The market underwent a correction this week, influenced by rising inflation and interest rates. Bitcoin’s price stabilized in a balanced zone below $27K, sparking a shift in market sentiment. While leading altcoins struggled to deliver strong performances, numerous emerging projects captured attention this week, satisfying investors with their achievement of short-term price goals. Nonetheless, traders...
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Bitcoin Price Forecast For Next Week: Here’s Why BTC Will Continue To Struggle For An ‘Uptober’ Trend Revival

As we reach mid-October, Bitcoin’s price has yet to showcase its anticipated ‘Uptober’ potential, having only registered a $3.5K increase since September. Furthermore, Bitcoin’s surge is currently encountering short-term selling pressure, plunging the bullish hope of reaching a $30K milestone. Consequently, the upcoming week may witness continued low volatility as buyer confidence in Bitcoin declines....
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AVAX Price Analysis: Will The Avalanche Price Regain Momentum Or Continue To Bleed?

The crypto market has been trading negatively as the market continues to trade under the influence of the bears. Top cryptocurrencies have displayed a sideways pattern for the first time in over a week, indicating a possibility for the crypto industry to rebound soon. The month of October had started on a bullish note as...
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Apecoin Price Analysis: Will APE Price Hold Its Crucial Support Zone Or Plunge To New Lows?

The crypto space struggles to regain momentum as the market constantly trades in the red. Bitcoin and top altcoins continue to hover around their support levels as the industry trades under the bear’s influence. The APE price has been trading in a consolidated range of $1.078 and $1.135 since the start of September, following which...
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TWT Price Analysis: Will TWT Rise 25% This Uptober?

The TWT price displays a sharp increase in bullish momentum in the first few days of October. With the spirit of Uptober clearly visible in the TWT uptrend, the possibility of a prolonged uptrend is skyrocketing for Trust Wallet tokens.  Before the uptrend rally, the TWT coin price moved sideways between $0.80 and $0.95. However,...
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XRP Price Makes A Bullish Reversal Above $0.48 As Traders See Profit Near Dips

Recently, a lot of people have started selling their holdings, which has caused the prices of major ones, like Bitcoin, to fall sharply. Right now, the prices of altcoins are kind of stable, but they’re at a low point that we’ve seen in the past month. Bitcoin’s price is currently knocking $27,000, and it’s testing...
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Terra Luna Classic Rebounds From A 2-Month Low: How Long Can Bulls Sustain The LUNC Price?

After a week of notable declines in Terra Luna Classic (LUNC) value, the altcoin has sparked hopes of a potential revival. Recently, buyers have boldly capitalized on LUNC’s price dip, establishing robust support and forcing the price into an upward correction. Nonetheless, concerns are rising over a possible pause in the recovery rally, as sentiment...
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Solana (SOL) Price Loses Key Momentum Following Its Largest Inflow Week Since March 2022

In a sudden move, Solana (SOL), one of the most talked-about altcoins currently in the market, has encountered a significant resistance that has halted its upward journey. Interestingly, the current bearish rally is echoing the turbulence of March 2022 as this week saw the largest inflow for Solana since 2022. This was mainly due to...
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Next AltSeason Spotted- Altcoins to Consider in October 2023

The bitcoin price is struggling to rise above $28,000 after facing a couple of rejections at these levels. Due to this, altcoins currently appear to be uncertain about the impending trend, while a major shift is fast approaching. This could result in altcoins having an upper hand compared to Bitcoin. However, this certainly may not...
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Top Altcoins To Watch Next Week: Litecoin (LTC), Solana (SOL), and Polygon (MATIC) May Lead An ‘Uptober’ Revival

October began bullish for the crypto market, with Bitcoin price tapping the $28K level. However, just as ‘Uptober’ was getting started, it experienced a halt as large and long-term holders began booking their profits. Although this momentarily faded the revival of the ‘Uptober’ trend, the market has since rebounded significantly due to increased buying demand...
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Bitcoin Price Forecast Next Week: Why BTC May Not Tap The $30K Level

Bitcoin has recently grabbed headlines with its fluctuating price of around $28K. While Bitcoin’s price is trying to accelerate buyer confidence, sellers are increasingly active near resistance levels. Consequently, the psychological $30K threshold seems unlikely to be reached by Bitcoin next week. This sentiment is further supported by various on-chain metrics, particularly the rising NVT...
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Bitcoin (BTC) $ 95,832.68 1.46%
Ethereum (ETH) $ 3,333.66 1.62%
Tether (USDT) $ 0.998424 0.13%
XRP (XRP) $ 2.20 3.19%
BNB (BNB) $ 671.76 0.79%
Solana (SOL) $ 184.03 1.18%
Dogecoin (DOGE) $ 0.315612 1.80%
USDC (USDC) $ 0.999548 0.09%
Lido Staked Ether (STETH) $ 3,328.16 1.56%
Cardano (ADA) $ 0.894972 2.04%