Immutable (IMX) Immutable price has declined continuously in the recent sessions losing nearly 20.06% a week. At the time of writing, Immutable was hovering close to $1.17 recording a swift intraday gain of 0.80%. Currently, Immutable price hovers in a fear zone trading near the monthly lows. The transaction volume has dropped by 31.48% to $29.24 Million...
Beam (BEAM) Beam crypto seemed to have faced the most severe bearish attack and has tumbled down nearly 22% a week. The broader market is suffering with high volatility and price turbulence issues which has put Beam crypto investors under a lot of pressure. Beam price tumbled down after suffering rejection from the key exponential moving average of 20 and 50 days...
Can Heightened Social Metrics Drive Momentum In NEAR Protocol The social metrics have surged indicating a heightened user engagement in the asset. The daily chart highlights the formation of a declining channel pattern with the price hovering near the boundary. NEAR Protocol price has loomed back towards the recent demand of $3.5 level following the chaos in the...
Jupiter Stabilizes At Lowes: Can JUP Be A Bullish Bet In September? At the time of writing, Jupiter was exchanging hands close to $0.726, recording a bearish intraday development of 1.51%. The development activity curve was headed higher indicating recent updates and changes in the asset. Amid the broader market's turmoil, Jupiter price seemed to be stabilizing...
$5 Million Outflow Pushes Immutable Price In Trouble Again The IMX Open interest contracts dropped by nearly 20% in the last couple of sessions. The RSI line has made a bearish crossover with a 14 day RSI line indicating a continued downward trend in Immutable. Immutable price seemed to be trading in green after experiencing a bloodbath in the last five...
Fantom Price Analysis: Can FTM Be A Good Asset To Invest In September The average 30 day On-chain transaction volume in profit to loss ratio indicates more profitable transactions as compared to losses. Despite the chaos in the broader markets, Fantom sits at a monthly gain of 13.46%. The weakness in blue chip cryptocurrencies have affected the altcoins as well....
Whales Accumulating Ethereum : Can ETH Reclaim $3K in September? The whales have accumulated nearly 0.5% of the supply in the last two weeks. Ethereum may reclaim the psychological $3000 if it surpasses the higher range of consolidation over daily chart. Ethereum has been hovering in a range bound zone for the last three weeks. The bulls and bears seemed to be...
Core Price Plummets, Investors In Panic: Time To Sell? Core price has loomed nearly 28% this week erasing the previous gains and widening the losses. The weighted sentiment curve entered a bearish zone triggering a panic among the investors. Core price closed the third consecutive month in red extending the losses of the investors from the last couple of...
$25 Million Outflow Puts Sei Price under Pressure: What's Next? Sei price noted a significant drop of 30% in the Open Interest data in the recent sessions. At the time of writing, Sei was exchanging hands close to $0.27, recording a negative intraday development of 3.74%. Sei price failed to capitalize gains from the previous week and slumped, erasing the...
Render Price Could Eye 36% gains amid Increased Whale Activity The top holders have increased their holdings by significantly 20% in the last couple of months. The social metrics have improved indicating the increasing participation of the users. Render price seemed to be pulling back after a strong rebound from the lows in Mid August. The price had been in a...
Litecoin Gearing Up for a Bullish Breakout: Time to Ride the Trend? The investors and traders have turned optimistic about Litecoin after a recovery was noted in the recent sessions. Positive MVRV ratio and rising social metrics indicate a potential for rise in the crypto. Litecoin (LTC) traders and investors have turned optimistic after the price noted a strong...
Cardano (ADA) Widens Losses, Elevating The Investors Concerns Cardano's price eroded nearly 13% of the gains a week, disappointing investors who anticipated further gains. The formation of a bearish divergence in ADA price DAA divergence metrics hints further decline for the asset. Cardano (ADA) price could not capitalize the gains this week and declined, wiping...
Whales Increasing Their Holdings: Is Mog Coin's Turnaround Imminent? The top addresses or whales seemed to be accumulating from the 2nd week of August. The 24 hour as well as 7 day active addresses have started to improve indicating a possible recovery in the price. Mog Coin (MOG) price has been on a downtrend since the last week of July. The asset's price has...
Solana On 5-Day Losing Streak: Can Bulls Make A Comeback? Solana has been in a free fall, after suffering bearish pressure near the psychological level of $160. The social sentiments have started to improve indicating a possible recovery in the price. Solana (SOL) price has been on a free fall for the last five intraday sessions losing nearly 15%. Moreover,...
Optimism (OP) Holders Enjoy Profits Despite Market Fluctuations Optimism holders seemed to be turning profitable despite the mixed performance of OP in the recent sessions. The Open interest contracts have surged by nearly 13% a day indicating a buyers comeback. Optimism (OP) price seemed to be stretching on the higher side amid the improved market sentiments....
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User Engagement On Decline: Can Mantle Price Crash More? The 24 hour active address dropped by nearly 50% in the last couple of sessions. The daily chart highlights a consolidation near the monthly lows for the last three weeks. Mantle (MNT) Price seemed to be looking for a firm footing near the monthly lows. The cryptocurrency has been under bearish control...