Currently, ENA is trading at $0.5064, with some analysts predicting it could rise to $1.00. The recent upward trend has enabled ENA to break through significant barriers. Crossing the upper boundary of the Bollinger Bands is a strong buy signal. If ENA maintains this momentum and trading volume stays high, it could reach higher resistance levels around $0.6562...
As October came to a close, the crypto market experienced a sharp correction, driven by Bitcoin's fall below the $70,000 threshold. Most cryptocurrencies faced significant declines during this period. SUI, the native token of the Sui Network, mirrored the broader market trend, initially rising with Bitcoin before following its downward trajectory. Many believe...
Bitcoin’s price has pulled back as it tests a significant supply zone, creating strong pressure on the short-term trend. Volatility remains high, with Bitcoin recently attempting to surpass its yearly high. In order to reach beyond $74,000 to set a new all-time high. However, this push met resistance, indicating possible exhaustion in the rally. Currently,...
Recently, the native token of the Aptos network, APT, has experienced notable price fluctuations in the intraday. Previously this week, APT attempted to break through the resistance level of $10.87 to $11.01, which has remained stable since late April. At the time of writing, APT is priced at $9.55, reflecting an approx 10% incline over the past 24 hours. Also,...
The breakout from a falling wedge in September ignited a wave of optimism that carried into October, resulting in an impressive overall increase of nearly 65% at the time of writing. On the daily chart, the price trend has shifted from bearish to bullish, notably crossing the $0.128 mark this month. This trend closely follows the movements of Bitcoin, reflecting...
On the daily chart, the mid-October dip may raise concerns for some investors. However, it's important to consider the broader market context; after a prolonged uptrend, minor corrections are typical and can present valuable entry opportunities for new investors. With a robust market capitalization of $2.4 billion and a total supply of 998.85 million tokens,...
Since August, AVAX has followed a pattern of higher highs within an ascending wedge, breaking free from a previously dominant downtrend. However, amid recent market volatility, AVAX has shown a persistent downtrend, with a 3.10% drop in the past day and an 8.70% decline over the week. Over the last month, the token fell nearly 10%, bringing its year-to-date loss...
Over the past three months, SUI's price surged by over 400%, climbing from a low of $0.4623 to $2.3661 by October 13, 2024. This rally began with a breakout from a falling wedge pattern in August, followed by a strong consolidation around the $1 mark. This set the stage for a significant upward move. In October, SUI reached a new yearly all-time high (ATH)....
RENDER, a leader in decentralized GPU-based rendering, has faced turbulence this month, currently trading at $5.48 after hitting resistance near $6.80. However, recent price action hints at a potential reversal. The token remains within a bullish range, successfully defending an ascending trend line that has provided support since August. While constrained by...
The total cryptocurrency market cap, excluding Bitcoin (TOTAL2), has recently approached a significant resistance block, showing bullish momentum. If this resistance is breached, an inverted head and shoulders breakout could be imminent, suggesting further upside for the altcoin market. Key levels to watch include the resistance at $980 billion and the neckline...
Bonk's recent surge was sparked by the announcement of the first BONK ETP at Solana Breakpoint 2024, with Osprey Funds launching the Osprey Bonk Trust for accredited investors. The trust has already amassed over $48 million in assets under management, indicating strong initial demand. This development is a significant bullish signal for the meme coin, boosting...
The recent break of an intriguing bullish pattern's neckline could potentially trigger a significant surge in Ethena's price. Market analysts have highlighted this development in their Ethena price predictions, confirming another breakout and expecting a bullish rally of up to 150%. They are targeting a minimum price of $1, with the potential for even higher...
Solana is currently facing a resistance block that is preventing it from advancing. However, an intriguing bullish pattern's neckline is on the verge of breaking, which could potentially trigger a significant rally. Technical analysis suggests that this breakout might even lead to new all-time highs, driven by bullish momentum. Recent chart analysis has added to...
On October 12, news of the buyback propelled AVAX above the 200-day EMA from a crucial demand zone. With the overall market sentiment, bolstered by Bitcoin's performance turning bullish, the entire crypto landscape is seeing a surge in green. Bitcoin is currently nearing the $65,000 mark after a quick rebound from the $64,000 support level, which has improved...
Despite the uptick in whale activity, Bitcoin's price remains relatively stable. A daily chart analysis reveals that Bitcoin closed the last trading session at around $60,459, experiencing a 3.50% decline. However, the current session shows a slight improvement, with Bitcoin trading at approximately $60,747, marking a modest increase of 0.35%. The ongoing...
Notcoin's price is currently hovering just above its $0.0070 support level but remains below the 20-day and 50-day EMA bands. Since June 2024, the token has been stuck in a falling wedge pattern, consistently testing lower resistance levels. If this downward trend continues, the next major support level is around $0.0046. Falling below this could lead to...
When Bitcoin made its all-time high in March 2024, WIF surged to $4.85. However, both have since declined, with WIF experiencing a steeper drop. This decline has formed a falling wedge pattern, marked by a series of lower lows throughout Q2 and Q3 of 2024. In Q4, WIF's price reignited, crossing a high-volume profile level and surging 21% intraday. It is now...
After a marvelous performance in Q1 2024, with prices nearing $20, **Aptos price** faced a downturn in Q2, consistently hitting lower lows. However, in Q3, the $5 support zone helped stabilize the price, leading to a two-month consolidation period. In September, Aptos broke out of its Q3 range, showing signs of recovery. Currently, the **Aptos price** is...