Ethena Still Struggling to break out of a Falling wedge?
Ethena (ENA) crypto has seen a drastic reduction, shedding over half of its value since reaching a peak in early April. Ranking third in weekly losses, it has dropped over 12%. After an initial surge, ENA has entered a steep decline.
Currently, ENA is undergoing a correction, with the daily chart displaying...
Worldcoin (WLD) Leads The Top Losers
Worldcoin (WLD) leads the list of top losers this week, with its value diminishing by more than 17.38%. Trading around $4.96, it has seen a slight intraday recovery of 1.38%. with a current market capitalization of 1.066 Billion, the crypto ranks 80th among all.
Moreover, Since mid-March, WLD has been in a downturn, unable to...
Chainlink (LINK) Invalidates The Formation of a Death Crossover.
This week, Chainlink experienced a notable upswing, appreciating by over 20.2%, which positioned it as the fifth-highest gainer of the week, outpacing numerous other cryptocurrencies. With a market capitalization of $9.61 billion, it holds the 15th rank in the overall crypto market standings.
The...
Over the past 24 hours, the Solana price (SOL) has risen by up to 5%, and technical indicators suggest a bullish rally that could greatly benefit the crypto asset this month. In the last month, Solana has shown positive growth, increasing by more than 21.85%, according to CoinMarketCap.
At the time of writing, the asset is trading at $167.60, and there are...
Overview
Name: Not Coin (NTC)
Launch Date: Recently launched (specific date varies by source)
Purpose: Designed for use in decentralized applications (dApps) and smart contracts.
Key Features
Blockchain Technology: Not Coin operates on a blockchain platform, ensuring security and transparency.
Smart Contracts: Supports the creation and execution of smart...
Chainlink at the Forefront as US Inflation Data Sparks Market Confidence
The Consumer Price Index (CPI) data stood at 3.4% indicating a slight decrease in the Inflation rate.
The drop in the inflation rate has cast a favorable light on the broader market, resulting in noticeable price enhancements across Bitcoin and various altcoins including Chainlink.
The...
The Avalanche cryptocurrency has experienced a 7.10% increase in the last 24 hours, trading at $33.81 at press time. The technical indicators are bearish, but there are minor bullish signs appearing in the MACD as it has converged for a bullish cross and the RSI at 44.18. Therefore, despite the bearish indicators, the situation could also turn to the upside.
If...
Bitcoin's On-Chain Activity Hits Lowest Since 2019: What's Next?
Bitcoin's onchain activity is approaching historic lows due to the dramatically slowed transactions in the last two months.
While some anticipate it as a bearish signal, others find it as an opportunity to accumulate more.
The crypto market is undergoing adjustments following the Bitcoin halving,...
Since the beginning of 2023, the Bitcoin price has witnessed strong buying pressure and the price has surged by 270%. It recorded an all-time high of $73,808 on March 14, 2024, and underwent a correction phase.
The price has been defending the major support level of $61,000 from the beginning of March. In the first week of May, the asset price slipped below the...
After Every Red Yearly Candle... Expect Three Consecutive Green Years!
Doubts? Just zoom out on the CRYPTOCAP:BTC chart. #Bitcoin proves it's always bullish in the long run.
Are You Ready for the Green Years of 2024 & 2025?
Let's gear up for growth!
#Cryptocurrency
After Every Red Yearly Candle... Expect Three Consecutive Green Years!
Doubts? Just zoom out on the CRYPTOCAP:BTC chart. #Bitcoin proves it's always bullish in the long run.
Are You Ready for the Green Years of 2024 & 2025?
Let's gear up for growth!
#Cryptocurrency
Today marks the expiration of 18,000 Bitcoin options contracts, with the maxpain price set at $62,000.
At the time of writing, the BTC was trading almost flat, exchanging hands at $63,276.
Bitcoin has been taking investors on a roller coaster experience post the halving event, with its price plummeting from a high of 67K to a recent low of 56K, before making a...
RUNE outperformed the Market leaders, achieving an impressive gain of close to 18% in the last couple of sessions.
The daily chart indicates a breakout from a notable channel pattern, signaling the end of a corrective phase.
Despite the downturn in the overall cryptocurrency market, THORChain's native token, RUNE, has seen exceptional growth, catching investors...
#USDT.D (Tether Dominance) has recently formed a bearish divergence pattern, signaling a potential reversal in its trend. The price has lost its support and is now heading towards a retest of the 4.5% level.
Bearish divergence occurs when the price forms higher highs, but the indicator (in this case, Tether Dominance) forms lower highs. This indicates a weakening...
#LINK/USDT has recently formed a bullish divergence pattern, indicating a potential trend reversal. The price is now bouncing back towards the resistance area around $15.20. If LINK/USDT breaks above this resistance, we could see a continuation of the upward trend, potentially leading to new all-time highs.
The bullish divergence, coupled with the bounce from key...
On the daily chart of XMR crypto, there has been a fierce price battle between bulls and bears, which caused a significant formation in price structure.
Bears have taken control and established new low and high points on the daily chart, creating a support level at $104.98. The XMR price remained steady near this crucial level for several daily sessions.
The...
The price of Solana (SOL) has already led to the formation of a falling wedge pattern and given the breakout from it, the continuation in the breakout is anticipating a 25% potential rise. The main cause of this rally appears to be the increasing interest from institutional investors. Following a turbulent start to 2024, Solana is poised to regain traction.
This...
