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Vignesh k

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Posts by Vignesh k

Solana Whale Unstakes 106,213 SOL: Major Dump Incoming?

Solana Emerges as a Potential Candidate for the Next Spot ETF: Can It Really Happen?

In the wake of Bitcoin and Ethereum spot ETF approvals in the United States, the cryptocurrency community has turned its attention to Solana as the potential next contender in the ETF race. As the fifth-largest cryptocurrency by market capitalization, Solana’s unique position in the crypto ecosystem has sparked discussions about

September 10, 2024 2 mins read

Solana Price Drops to $121, but SOL Bulls Regain Momentum

Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, with its price action and network metrics painting a complex picture of challenges and opportunities. The slumpish market pushed OL to test levels near $121 amidst a surge in trading volume that exceeded $3 billion. This price

September 9, 2024 1 min read
Chainlink Price Rises in 24 Hours as LINK Aims to Reclaim $12 Level

Chainlink Price Rises in 24 Hours as LINK Aims to Reclaim $12 Level

Chainlink (LINK) has embarked on a promising recovery trajectory, with its price showing a increase over the past 24 hours as it sets its sights on reclaiming the $12 threshold. This resurgence comes on the heels of a dip below $10 just days ago, offering renewed hope to investors in

September 9, 2024 2 mins read
Binance Coin (BNB) Funding Rate Spikes, Hinting at Potential Price Increase

Binance Coin (BNB) Breaks Above Descending Trend Line but Faces Potential Short-Lived Rally

Binance Coin (BNB) finds itself at a critical juncture following its recent breakout above a descending trend line that had constrained its price action since August 23. While this development initially sparked optimism among investors, mounting evidence suggests that the current rally may be short-lived, as buying momentum appears insufficient

September 9, 2024 2 mins read
Solana Tests Critical Resistance as Futures Open Interest Hits All-Time High

Solana Faced 20% Drawdown after Failing to Break $160: What’s Next For SOL?

Solana (SOL) finds itself at a critical juncture following weeks of heightened volatility and a 20% drawdown in late August. Despite multiple failed attempts to breach the $160 resistance level, recent shifts in market behavior and key technical indicators suggest a potential rebound may be on the horizon, rekindling optimism

September 6, 2024 2 mins read
Polygon's Token Transformation: Analyzing the MATIC to POL Migration Progress

Polygon’s MATIC to POL Migration Completed, But Price Remains Weak

Polygon’s recent migration from its native token MATIC to POL, completed on September 4, has failed to spark the positive market response typically associated with such upgrades. Instead, the network faces a series of challenges, including declining user activity and large holders offloading their tokens, which continue to exert downward

September 5, 2024 2 mins read
Cardano Price Sees Brief Rebound Amid Ongoing Bearish Pressure

Cardano Analyst Predicts Potential 1,000% Rally for ADA Against Bitcoin

Cardano (ADA) finds itself at a potentially pivotal juncture as renowned analyst Dan Gambardello identifies a bullish divergence in its price action against Bitcoin, drawing striking parallels to a similar pattern observed in 2020. This technical formation has sparked speculation about a possible massive rally for ADA, reminiscent of its

September 5, 2024 2 mins read
Chainlink (LINK) Eyes $22 as Bulls Break Key Resistance

Chainlink Price Stuck Between $9 And $12, LINK Mirrors Broader Market Trends

Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However, a potential breakout opportunity looms on the horizon, signaled by the convergence of key technical indicators, particularly the Bollinger Bands. LINK’s recent price history has been

September 3, 2024 2 mins read
Bitwise Officially Files Form S-1 for Spot XRP ETF with US SEC

Ripple Price Shows Strong Bullish Action: XRP Tests Major Support

Ripple’s XRP has embarked on a notable upward trajectory since the week’s commencement, signaling a resurgence in buying sentiment within the cryptocurrency market. This positive price action coincides with a significant technological development: the expansion of Ethereum-compatible smart contracts to the XRP ledger. This enhancement promises to unlock new possibilities

September 3, 2024 1 min read
Solana Rebounds Briefly After Finding Key Support at $136 Level

Solana (SOL) Struggles To Break $160 Resistance, Facing Potential Drop

Solana (SOL) finds itself at a critical juncture as it grapples with formidable resistance at the $160 level, having made two unsuccessful attempts to breach this threshold in August alone. While these setbacks have dampened short-term sentiment, the potential for recovery remains, contingent on a shift in investor outlook. However,

September 2, 2024 2 mins read