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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 Tests Critical Resistance as Futures Open Interest Hits All-Time High

Solana (SOL) Drops 25% in a Month, Falling Below Key Moving Averages

Solana (SOL) finds itself navigating turbulent waters as its value has plummeted by 25% over the past month, recently breaching critical technical support levels. This decline not only reflects SOL’s ongoing struggle to overcome resistance but also signals a potential erosion of positive market sentiment, potentially paving the way for

August 30, 2024 2 mins read
Cardano (ADA) Price Faces Uncertainty Amid Bear Dominance

Cardano Fails to Break Out of Bullish Descending Wedge: What’s Next For ADA?

Cardano (ADA) finds itself at a critical juncture as its anticipated breakout from a bullish descending wedge pattern faces unexpected hurdles. The cryptocurrency’s recent price action has diverged from investor expectations, potentially delaying or even invalidating the forecasted upward movement. The past week saw ADA poised for a major move,

August 29, 2024 2 mins read
Binance Awarded Asia’s Top FinTech Innovator of 2024 by Fortune

Binance Coin Consolidates Within a Defined Range, BNB Shows Reduced Volatility

Binance Coin (BNB) has entered a period of consolidation, characterized by a gradual decrease in market volatility and price movement within a defined range. This shift is evident on the one-day chart, where key technical indicators paint a picture of market indecision and reduced price fluctuations. The flattening of BNB’s

August 29, 2024 2 mins read
Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action

Binance Coin Fails to Flip Crucial Resistance Into support: BNB Eyes $500

Binance Coin (BNB) finds itself at a critical juncture as it repeatedly fails to overcome a major resistance block, with its own traders exacerbating the situation by withdrawing funds at the first signs of bearish market sentiment. This confluence of factors has placed BNB in a precarious position, challenging its

August 28, 2024 2 mins read
Cardano (ADA) Nears Breakout From Descending Trend Line Since May 20

Cardano (ADA) Nears Breakout From Descending Trend Line Since May 20

Cardano (ADA) finds itself at a critical juncture as it approaches a potential breakout from a descending trend line that has constrained its price action since May 20. Currently trading at $0.36, ADA has experienced a decline during this period, but recent market activity suggests a possible shift in momentum.

August 27, 2024 2 mins read
Crypto Analyst Michaël van de Poppe Predicts Bullish Breakout for Chainlink (LINK)

Chainlink (LINK) Faces Potential Drawdown as Investor Optimism Wanes

Chainlink (LINK) has buoyed its price in recent weeks begins to lift. This shift in investor sentiment, coupled with concerns about the network’s valuation relative to its activity, could potentially trigger a price drawdown. Since late July, LINK holders have maintained a bullish stance, buffering the cryptocurrency against substantial losses

August 27, 2024 2 mins read
Can Solana (SOL) Break Past the $260 Mark?

Solana (SOL) Faces Declining Institutional Interest and Weakening Technical Indicators

Solana (SOL), once a darling of institutional investors, finds itself at a critical juncture as the third quarter of 2024 draws to a close. The cryptocurrency’s recent price action and shifting investor sentiment paint a complex picture of its near-term prospects, challenging the sustainability of its previous uptrend. Technical analysis

August 26, 2024 2 mins read
Chainlink and Taurus Unite to Enhance Institutional Tokenization

Chainlink Price Up Over 20%, LINK Outperforms Top 20 Coins

Chainlink (LINK) has emerged as a standout performer in the cryptocurrency market, registering an impressive 22% price increase over the past seven days. This surge, which has outpaced most of its peers in the top 20 cryptocurrencies, comes at a time when the broader market is experiencing relative stability.   On-chain

August 26, 2024 2 mins read
: Cardano Price Surge to Two-Month High Amid Mixed Sentiment

Cardano’s Rebound: Analyzing ADA’s Recovery After Market Sell-Off

Cardano (ADA) has demonstrated remarkable resilience in the wake of a market downturn, staging a compelling recovery from its August 5 low of $0.27. This rebound has seen ADA’s price surge to reach $0.37. The recent price action has been accompanied by a notable increase in futures market activity. Data

August 23, 2024 2 mins read