Polygon (MATIC) has been experiencing a bearish trend over the past two months, as evidenced by its price consistently trading below the EMA 100 (Exponential Moving Average 100). However, a closer examination of key indicators such as the EMA 100, the Ichimoku Baseline, and the Ichimoku Cloud suggests that a
June 7, 2024 2 mins read
Cardano has been trapped within a tight trading range, despite repeated efforts by bulls to initiate a bullish rebound. While Bitcoin’s price has surged past the $70,000 mark, gaining significant momentum, the altcoin market has not exhibited any promising signs, resulting in a consolidation of ADA’s price. However, analysts remain
June 7, 2024 2 mins read
Shibarmy Scam Alerts, a community-driven scam alert channel, has issued a warning to Shiba Inu community members, urging them to be cautious of fake SHIB airdrops that have been circulating recently. In its most recent advisories, the channel stressed that there are currently no official SHIB airdrops being conducted at
June 7, 2024 2 mins read
An early Shiba Inu whale address that had been dormant for 2.6 years has suddenly sprung back to life, purchasing a staggering 323 billion SHIB tokens using wrapped Ethereum (WETH) in a span of just three hours. The blockchain surveillance platform Spot on Chain was the first to bring attention
June 5, 2024 2 mins read
The cryptocurrency market has witnessed a strong bullish resurgence over the past 24 hours, with prominent altcoins recording substantial gains in their respective portfolios. This surge in value is a testament to the growing optimistic sentiment that is currently prevailing in the digital asset space. Uniswap (UNI) has emerged as
June 5, 2024 2 mins read
The cryptocurrency market is presently experiencing an indecisive phase, characterized by prices moving within a confined range. During this stage, prominent assets such as Bitcoin (BTC) struggle to record any notable upward or downward movements, as market forces grapple to establish a dominant trend. Shiba Inu’s Trend Shifts from Bullish
June 4, 2024 2 mins read
Dogecoin (DOGE) has been trading within a range-bound pattern. The 24-hour trading volume has dipped below the billion-dollar mark, indicating a shift in momentum away from the token, with Pepe currently holding the title of the most traded meme coin. However, market analysts believe that the dynamics for the DOGE
June 4, 2024 2 mins read
In contrast to the broader market trend, Binance Coin (BNB) has showcased a notable bullish jump, gaining approximately 7% over the past day. Moreover, the token has added an impressive 11.3% over the past seven days, signaling a growing interest among investors in the Binance ecosystem. Binance Coin Price on
June 4, 2024 1 min read
In the aftermath of the spot Ethereum ETF approval, the cryptocurrency market witnessed a resurgence of bullish sentiment, seemingly vanquishing the bears. However, the upward momentum failed to propel the Ethereum (ETH) price beyond the critical $4,000 threshold, as the resistance level remained firmly in place. Consequently, the price suffered
May 31, 2024 2 mins read
As the cryptocurrency market grapples with a period of consolidation, leading cryptocurrencies have been exhibiting neutral price action since the beginning of the week. Ethereum (ETH), the altcoin leader, continues to trade close to its critical support level of $2,800, signaling a cool-off in its price momentum. In contrast, Chainlink
May 31, 2024 2 mins read