Bitcoin’s landscape sees extreme fear again after the latest retracement, which data suggests whales are behind the downside spiral. The Fear & Greed index plummeted into the extreme fear region as Bitcoin declined. Moreover, the metric never explored such poor conditions since late January, when the bellwether crypto plummeted to $33,000. Fear in Front Seat…
Cardano has seen bears control its price movements for some time now. The alternative token appeared to discover renewed selling momentum following the dip beneath the EMA ribbons. While such developments indicated a further downtrend, the current plunging wedge formation means a possible gain in the near term. ADA traded near $0.7937 at this publication,…
Stellar saw its price nearing a retest of the $0.168 mark inside a declining wedge, and the upcoming sessions can see XLM in a break-or-make condition. A move beneath the nearest support might translate to undesired losses by clearing the patch towards the $0.1617 mark. A potential upsurge from the closest foothold would position Stellar…
Ethereum (ETH) witnesses an unmatched surge in inactivity. The blockchain has remained active, from rising traction to institutional adoption. The surging demand saw gas fees in the ETH network spiking to $2.48 billion, higher than $1.7 billion a year ago. ETH’s bullish outlook throughout 2022 led to a lucrative surge in transactions and trading volumes,…
The ability to support successful projects highly determines the success of a platform in the blockchain industry. Tron Network revealed some announcements over the past couple of weeks, intimating enthusiasts and investors about the network’s projects and plans. On April 21, Tron’s founder Justin Sun revealed the platform’s goal to launch a decentralized stablecoin, the…
Technical improvement announcements may have affected ADA prices positively in the short timeframes. The latest proposal to increase Cardano mainnet’s block size saw price charts responding with upticks. Moreover, Santiment data show ADA hovering within an area that upside rallies have generated for the alt. Is history about to repeat itself? Cardano – 1-Day Timeframe…
Step App (FITFI) traded near $0.3154 at this publication. The crypto touched the $0.3556 daily highs, following a 147.23% surge. Here is all you may need to know about FITFI The Step App (FITFI) has maintained an upside stance since yesterday. The uptrends emerged after the token garnered a listing on two leading platforms, By…
Bitcoin noted a brief plunge under the $39K level but responded with a swift revers on Monday before trapped short positions propelled the rebounds past the crucial $40K. That led to some respite in the altcoin market, though most cryptos retained bearishness on their short-term outlook. Ethereum Classic and Tezos seem to have a massive…
BTC kick-started another plunge after failing to overpower the resistance level at $40K. The crypto hovers under $39.5K and 100hourly SMA. BTC/USD 1hr chart shows a bearish trend-line developing with resistance at $39.5K. Bitcoin may witness a massive fall if it closes under $38.8K. Bitcoin launched new downward actions beneath the $40K mark. The crypto…
This latest development sees the relationship between the US Securities and Exchange Commission and spot BTC exchange-traded fund continues to take attention-grabbing turns. However, the outcome stays constant – indefinite delay. An exchange-traded fund (ETF) is a saving vehicle that monitors the performance of assets or an asset. User can diversify their portfolios efficiently without…
Bitcoin traded sideways over the past day after meeting the $41.5K resistance. BTC’s swift climb past $40K had the altcoin market assuming a bullish picture. Meanwhile, Avalanche encountered massive resistance in the $82 region, whereas NEAR and Polkadot presented short-term buying opportunities. Avalanche (AVAX) Avalanche trades inside the $65.5 – $98.8 range. The range’s mid-point…
Zilliqa shows buying momentum resurgence as the alt gains 14% over the past 12 hours, The upward action emerged after ZIL dropped towards the demand zone of $0.097 – $0.121. A daily candle close under $0.097 will cancel Zilliqa’s bullish thesis. ZIL price action is back in bullish control as the alternative token relaunches its…
Dogecoin and Shiba Inu secure early foothold following Monday’s broad market crash. Failure to keep pivots away would see the meme coins under pressure. DOGE and SHIB saw bearish sessions as the meme tokens succumbed to broad market forces. Elon Musk hit DOGE earlier on the day as news of the Tesla CEO not joining…
Ethereum (ETH) is nearly ending the week on a bearish note. Bears stepped up to push the 2nd-largest crypto lower after the alt hit the $3,547 weekly peak. For now, the daily 20MA line serves as a dependable support floor, and ETH bulls struggle to keep the zone. Ethereum Daily Chart According to the 24hr…
ATOM price exhibited massive bearish bias within the past couple of days. Cosmos ecosystem performed well, thanks to LUNA’s DeFi projects. Gravity DEX airdrop would be the next catalyst. Cosmos (ATOM/USD) has experienced massive bearishness over the past couple of days as investors remained worried about stock and cryptocurrencies. The altcoin declined to $26.03, its…
MATIC has its price nearing the demand zone at $1.44 – $1.53. Technical viewpoints and on-chain metrics support bullish actions towards $2. A 24hr candlestick close beneath $1.44 will cancel MATC’s bullish thesis. Polygon (MATIC) shows exhaustion signals, but the alt nears a steady support floor that might be crucial in catalyzing an upward move…
Solana, the 6th-largest crypto by market cap, saw a slight decline on Tuesday following massive rallies within the previous month. However, the drops show the altcoin readying for sharp upswings toward new all-time highs. SOL lost nearly 7% towards the $126.94 mark and traded around $132.76 at this writing, following a 3.32% fall over the…
Cardano has its holders in a dilemma as ADA price hovers near $1.20. The breaker at $1.22 – $1.35 remains a significant obstacle, preventing bulls’ actions towards the $1.60 level. A daily candle close under $1 will cancel DOT’s bullish thesis. Cardano (ADA) displays momentum slowdown following a swift upside move from a psychological area….
APE price still faces challenges moving past the crucial resistance zone at $13. The alt has resolved two trade ideas noted yesterday. Another long opportunity exists, but downtrend risks remain a concern. ApeCoin (APE) maintained sideways actions on Saturday, hovering inside the $13.80 – $12.40 price range. Bulls attempted a breakout on Friday, but a…
Loopring price highlights signals of an upcoming bullish rally after the alt flipped resistance barrier at $1.17 into the support floor. The latest move clears the path for an exponential uptick towards $2 for LRC. A daily candlestick close under $1.03 will annul Loopring bullish thesis. Loopring price formed a steady bottom after its downtrends…