XRP failed in its attempt to turn the $0.57 level into support over the weekend as bears continued to apply intense downside pressure. The token has shed nearly 7% over the past week and currently trades around $0.54 following another 2% daily slump. The broader crypto retreat has engulfed XRP
January 22, 2024 2 mins read
The nonprofit Ethereum Foundation sold off approximately $1.94 million worth of its native ETH tokens this past week, adding pressure amid an already fluctuating cryptocurrency market. According to blockchain analytics provider Spotonchain, the foundation liquidated over 800 ETH across two wallet addresses in under an hour on Wednesday. The sales
January 22, 2024 2 mins read
XRP finds itself at a pivotal moment, theoretically days away from a major price breakout or breakdown. The cryptocurrency has formed a symmetrical triangle pattern on its chart as buyers and sellers fight for control. XRP has been confined to the triangle structure since its surge to 2023 highs of
January 20, 2024 2 mins read
Polygon (MATIC), once a high-flying cryptocurrency that crossed the $1 mark in December 2023, is now facing increased selling pressure as defunct Celsius, a notable crypto entity, transfers millions of MATIC tokens to centralized exchanges like Binance and Crypto.com. This move has raised questions about the cryptocurrency’s price trajectory. Spotonchain,
January 18, 2024 2 mins read
Rapidly expanding crypto project Bitgert and KoinX, a prominent crypto tax software and portfolio tracker have announced a partnership aimed at improving the digital asset management experience for Indian crypto investors. Bitgert, a blockchain solutions provider, recently announced that the integration of its native token BRISE with KoinX’s platform has
January 18, 2024 2 mins read
MATIC’s price history tells a story of resilience and struggle. After hitting its all-time high in December 2021, MATIC experienced a sharp decline, reaching $0.32 in June 2022. However, since that low point, the price has displayed an upward trajectory. Despite these positive movements, the cryptocurrency has grappled with the
January 18, 2024 2 mins read
A crypto trader capitalized on Elon Musk’s social media antics, raking in astonishing profits by investing in a meme coin that sprung to life following a whimsical tweet by the Tesla CEO. It all began when Elon Musk, known for his influential presence in the crypto space, decided to have
January 17, 2024 2 mins read
Litecoin’s price journey over the past few weeks reveals a notable decline from its peak at $115 in July 2023. This descent led to a low point of $56 in August. Following this dip, Litecoin initiated a brief recovery before witnessing another downturn. However, what stands out is the creation
January 17, 2024 2 mins read
Solana’s recent price action has caught the attention of traders and investors alike. The technical analysis reveals its determined attempt to surpass multiple resistance levels. Should Solana successfully breach the trendline resistance in a decisive manner, it could open the door to substantial growth. The underlying trendline support further supports
January 16, 2024 2 mins read
Pepe Coin’s price had been confined under a descending resistance trend line since May 2023, a decline that reached its low point in September. However, from that point on, PEPE initiated an upward trajectory that has continued to date. After facing its fourth failed breakout attempt, denoted by the red
January 16, 2024 2 mins read