Bitcoin Price Prints Bearish Technical Pattern, Why It Could Revisit $27.2K
Bitcoin price is moving lower below $29,000. BTC could extend losses below $28,000 and revisit the $27,200 support zone in the near term. Bitcoin remained in a bearish zone below the $29,500 support zone. The price is trading below $29,000 and the…
Shiba Inu Remains In Red Despite Whales SHIB Buying Spree
Undoubtedly, bearish times are known as the time to bag potential assets, and according to the latest data, Shiba Inu (SHIB) whales are doing just that. However, interestingly SHIB has shown no reaction to the whale’s buying spree. Over the…
FTT Token On a 8% Rockslide Despite FTX Ray Of Hope. Here’s Why
FTT Token, the native coin of the failed crypto exchange FTX, is experiencing a slide in today’s trading session. While it started the trading day negatively, it showed no recovery and further declined in price, recording up to an 8% loss and…
Bitcoin In Danger Zone: Bulls Must Hold $27,700 For Price Recovery, Expert Suggests
After a strong rally that pushed Bitcoin (BTC) over the $31,000 level, the largest cryptocurrency by market capitalization has lost its bullish momentum and retraced to its previous consolidation level of $28,400. The retracement has been…
Cardano In Strong Demand Zone, Breaking Through Key Level Crucial
The Cardano price has yet to turn completely bearish, but the bulls have abandoned the current price level. This has caused ADA to lose almost 3% in the last 24 hours. Despite this decline, the altcoin has retained some gains on the weekly chart…
Stablecoin Market Share Dwindles As USDC And BUSD Supply Deplete
The top 4 stablecoin valuations have declined significantly since this year. USDC and BUSD supply has depleted by $31 billion, pushing down the overall stablecoin market share. In addition, the top 4 stablecoins’ market capitalization has…
Quant Explains Bitcoin Funding Rates Pattern That Precedes Uptrends
A quant has explained how a specific Bitcoin funding rates pattern has preceded uptrends in the asset’s price during recent months. The Bitcoin 72-Hour MA Funding Rates Pattern That May Kick Off Uptrends As explained by an analyst in a…
The Polkadot price had been recovering in the past few days, but it has been unable to sustain the momentum as the bulls’ progress has been halted at press time. Over the last 24 hours, the coin experienced a dip of 2%, which has also caused…
Chainlink (LINK) Makes A Slight Recovery After Plunging, What’s Next?
Chainlink (LINK) has been trending in the bearish zone than the bullish over the past 24 hours. But while its price has fallen by 3.12% within this period, the daily chart shows a slight recovery after LINK previously marked significant gains…
Shiba Inu (SHIB) Price Momentum Screeches To A Halt: What’s The Outlook?
Shiba Inu (SHIB) investors have been hit hard by the recent industry-wide crypto correction, with the token’s price momentum turning bearish. As the value of many cryptocurrencies took a dive, Shiba Inu followed suit, causing many to wonder…
Buy The Bitcoin And Crypto Dip Or Wait? Market Update
With yesterday’s slump in Bitcoin and crypto markets, the uncertainty returns. Bitcoin, as the lead currency of the crypto market, is currently struggling to regain support at $29,100. At press time, Bitcoin has not yet been able to…
Bitcoin Bearish Signal: Supply Older Than 7 Years On The Move
On-chain data shows a large amount of Bitcoin supply dormant for more than 7 years ago has moved recently, a sign that may be bearish for the price. Bitcoin Supply Aged Between 7 And 10 Years Old Has Been Transferred Recently As pointed out by an…
Cardano Racks Up Nearly 4% Gain Amid Short-Term Losses – Will Investors Hold Firm?
Cardano and its ADA coin’s steady ascent in the crypto market has proven to be nothing short of remarkable, as the digital asset continues to maintain a bullish trend on higher timeframe charts. Despite a recent 3.60% slump in prices within the…
Can Meme Coin PEPE Get Into The Top 100? Read This Before Buying
Although the meme coin PEPE was launched only four days ago, on April 16, it has been one of the hottest topics on the crypto markets in recent days. And not without reason. Since the launch, the PEPE price has skyrocketed by more than 20,000%. The…
BNB Price Takes Hit But 100 SMA Could Trigger Fresh Increase
BNB price (Binance coin) faced a strong rejection near $350 against the US Dollar. it declined heavily and now trading near the key $320 support zone. Binance coin price declined sharply from the $350 resistance against the US Dollar. The price is…
Bitcoin Traders Count Losses As Total Liquidations Approach $300 Million
Bitcoin (BTC) traders have experienced a tough week as the cryptocurrency dipped below $30,000, causing panic among traders who shorted Bitcoin in the hope of the asset’s price moving upwards. According to data provider Coinglass, many traders are…
Ethereum Price Nosedives Below $2K, Here’s The Next Bearish Target
Ethereum price started a major decline below $2,000 against the US Dollar. ETH might extend its decline and revisit the $1,860 support. Ethereum is gaining bearish momentum below the $2,000 support. The price is trading below $2,000 and the…
Bitcoin Price Plunges Below $29K And It’s Vulnerable To More Losses
Bitcoin price failed to clear $30,250 and declined sharply. BTC traded below $29,000 and might extend its decline toward $28,000. Bitcoin started another decline below the $29,500 support zone. The price is trading below $29,200 and the 100 hourly…
Uniswap Depreciates, Vital Levels To Keep An Eye On
The past few days saw a recovery in the Uniswap price, but it appears that the bullish trend has reached exhaustion. UNI dropped by 6% in the past 24 hours, causing its price to fall below its descending line. Although Uniswap gained 0.7% on the…
Bitcoin Shrimp Supply Continues To Rise, Why This Is Good
On-chain data shows the Bitcoin shrimp supply has continued to rise recently, which can be positive for the BTC ecosystem. Bitcoin Shrimps Now Hold 6.7% Of The Entire Circulating Supply According to data from the on-chain analytics firm Glassnode…
Applying a Dollar Cost Average (DCA) method can be smart for investors looking to profit from the crypto markets. Yesterday’s trade session witnessed a brilliant price recovery from Bitcoin after it reclaimed the $30,000 level, pushing some…
PancakeSwap Voting To Make CAKE Deflationary, But Prices Are Free-falling
A proposal to make PancakeSwap (CAKE) scarce isn’t preventing the token from collapsing, reading from the candlestick recorded on April 19. CAKE Slides 25% From February Highs CAKE is the utility token of PancakeSwap, a decentralized exchange…
Dogecoin Price Slightly Tumbles, Will It Resume The Uptrend Or Fall Further?
Dogecoin has maintained more bearish movements than bullish ones over the past 24 hours. DOGE closed 2022 at the price of $0.07029 due to the market-wide crash following the FTX incident. Since the start of 2023, the token has remained between the…
From Margin To Perpetuals: How Decentralized Exchanges Are Redefining DeFi Trading
The decentralized finance (DeFi) space has been gaining tremendous traction over the last months, especially in the area of perpetual trading. The on-chain perpetual exchange sector has seen significant growth recently, with a total trading volume…
Bitcoin Korea Premium Index Shows Signs Of Selling, Pullback Soon?
On-chain data shows the Bitcoin Korea Premium Index has been displaying signs of selling pressure, something that could result in a pullback. Bitcoin Korea Premium Index Has Turned Red In Recent Days As pointed out by an analyst in a CryptoQuant…
Ethereum Crashing Hours After SEC Head Failed To Clarify ETH’s Security Status
Ethereum prices are free-falling less than 24 hours after Gary Gensler, the chairperson of the United States Securities and Exchange Commission (SEC), was put to task on whether ETH, the native cryptocurrency of Ethereum, was a security or a…
Over $41 Million Of Ethereum Longs Liquidated, Reaching A New 4-Week High
Over $41 million of ETH long positions have been liquidated as Ethereum prices flash crash from their April peaks, Coinglass data on April 19 reveals. Ethereum Remains Volatile ETH, the native cryptocurrency of the Ethereum network, is under…
OKB Token Shines With 23% Gains On Weekly Chart, What’s Pushing It?
Despite the bearish price trend across coins in the crypto market today, OKB retained a nearly 23% gain on the weekly chart. This price behavior demonstrated the token’s resilience even as the global crypto market cap tanked by over 4%. …
Cryptocurrencies like Bitcoin have transformed the way many businesses operate. A growing number of vendors accept Bitcoin payments allowing their customers to use this new payment method. Allowing customers to pay in Bitcoin is not difficult, and…
ADA 10% Rally Coincides With Cardano Foundation’s Annual Report
As ADA price experiences a notable surge, the Cardano Foundation has released its first-ever yearly report, highlighting the ecosystem’s impressive updates and developments. With both technical innovations and market momentum on its side…
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