In the first quarter of 2024, AAVE's price peaked at $153 but then succumbed to bearish pressure in the second quarter, dropping to the $80 demand area. However, the crypto showed a strong recovery in the third quarter, bouncing back from this critical demand zone. During this period, AAVE's price surged past its yearly highs, reaching $158.43. Despite...
Over the past two weeks, TRON's price has seen a 12.65% decline. Despite this, buyers still maintain an advantage as the price remains above the 50-day EMA and the crucial support level of $0.1438. This current pullback might be a cooling-off period for TRX following a significant rally in August, driven by the launch of the Sunpump memecoin generator. Such...
ROSE crypto showed a strong recovery from the last quarter of 2023 to the first quarter of 2024 but entered a wedge pattern in the second quarter, which continued into the third quarter. However, ROSE entered the final month of the third quarter, ROSE has shown signs of revival, bouncing back from a critical level around $0.04900 on the daily chart. The asset is...
Can GRT Crypto Delighht Investors Wallet With 3x returns By 2024-end? Currently, optimism around GRT's price is high, supported by strong fundamentals, on-chain metrics, and derivatives data. This data suggests the beginning of a sustained upward trend, leading to a potential price increase. Recently, GRT's price has surged from the $0.1300 demand zone, which...
Is TAO Aiming for the Moon? Bittensor (TAO) has seen a significant inflow in spot volume, reaching $86.01 million, a 38% increase. Its market cap has also risen by 12% to $2.313 billion, making it the 36th largest cryptocurrency globally. TAO has delivered exceptional returns to investors, soaring over 1600% and peaking at $755.02 between the last quarter of...
As Bitcoin surged past $58K, Popcat (on-SOL) has gained significant momentum, now ranking among the top 100 tokens by market capitalization. Currently valued at $631 million, it has seen a decline from its all-time high of nearly $1 billion. Over the past month, POPCAT’s price has fluctuated between $0.49 and $0.75, reflecting considerable volatility. Despite...
Currently, CKB is trading at $0.0106, with a staggering 589.60% increase in trading volume, reaching $119 million. The altcoin's market valuation stands at $475 million, ranking it as the 115th-largest cryptocurrency on CoinMarketCap. Over the past week, CKB has surged by 38.45%, and in the last 30 days, it has risen by 23.12%. Since September last year, Nervos...
Starting from the last week of October 2023, VeChain (VET) showed an upward trend, forming higher highs and lows until it hit the supply level at $0.0549 by early 2024. However, the price faced resistance at this level, failing to break through after three attempts, and was pushed down by bearish pressure. By mid-May 2024, VET found support at $0.03324, but this...
After reaching a peak of $150 in the first quarter of 2024, Quant's price fell sharply, dropping to $50 by August 5th. However, on the same day, a sudden surge in buying created a liquidity wick, pushing the price up in the last month of the third quarter and resulting in a breakout from a long-term falling wedge pattern. This week's and intraday performance...
Decoding Next Move To Come From CRO Price After a significant drop from $1 to $0.048, CRO's price structure showed a remarkable recovery, advancing over 260% to reach a year-to-date high of $0.1800 by March 10th, 2024. However, these gains proved unsustainable as bearish forces took over, pushing the price back to its original demand zone near...
At the end of the first quarter of 2024, SUI reached a peak of $2.18, marking an impressive gain of over 485% from the last quarter of 2023. This delighted its investors. However, under the change of circumstances, many investors took profits starting second quarter. The fall aligned with broader market sentiment, which led to increased bearishness and significant...
TIA Price sits at a key support Over the daily chart, the price showed more than 800% gains by the second week of 2024. However, the supply zone developed by strong profit bookers displayed a strong sell-off which led to the creation of a declining wedge. The price, as of writing has spent its 215 days in this narrowing range. However, TIA has also formed strong...
The daily chart for NEAR Protocol reveals a declining channel pattern, with the price fluctuating between the upper and lower boundaries. NEAR's price remained range-bound throughout August, with $3.25 as support and $5 as resistance. On the upside, there is potential for the price to reach the $7.5 level, which marks the channel’s upper boundary. But this...
Price Action Overview Of Jupiter (JUP) As per the past structure in 2024, Jupiter (JUP) investors enjoyed a strong start. The first quarter saw significant growth, with the price rising from the demand zone at $0.499 to a peak of $1.840 by the end of March, marking a gain of over 330%. However, the second quarter began on a less positive note. The price declined,...
In the year-to-date (YTD) period, AKT displayed a strong bullish trend with a consistent uptrend. This consistent positive movement drove up the price to $6.50 by the first quarter of 2024. Thereon, AKT's price experienced 5-month strong sell-offs from profit bookers from its elevated levels, leading to a decline towards the $1.80 mark by August 5th. However,...
From October 2023 to March 2024, FTM experienced a remarkable surge of nearly 600%. However, the bullish momentum waned, leading to a bearish trend that placed FTM in a falling wedge pattern. Over the next five months, FTM's price dropped by almost 75%. On August 5th, the price rebounded from the lower boundary of the wedge. In the past 38 days, FTM has grown by...
## **** Over the daily chart, the Bitcoin crypto has been teased for the bullish rally from the $53489 support level. When writing, the BTC had already neared the 20-day EMA band. The volume has surged by 40%, amounting to a $33.78 Billion inflow in 24 hours. A further surge in volume could lead its price to pierce the 20-day EMA band and the nearby 50-day EMA...
The volume/market cap ratio was 17.60%, representing strong liquidity in PEPE price. Over the daily chart, the PEPE crypto price has witnessed significant profit-taking, resulting in a sharp decline of 55% over the last two and a half months. This bearish trend has also led to a falling wedge pattern on the daily chart. Furthermore, the pattern suggested that...