Ethereum finds itself at a critical technical juncture this week as its price oscillates within a tight trading range bound by two key levels – $3,800 and $4,000. This period of equilibrium follows Bitcoin’s pullback from nearly hitting its all-time high, creating market uncertainty on whether existing support and overhead
March 7, 2024 2 mins read
Polygon (MATIC) appears ripe to capitalize on renewed crypto market optimism as its price holds resiliently above $1. This recovery comes as MATIC staged a convincing breakout above several key technical markers that previously capped upside moves. Foremost among these was a decisive triangle pattern that dominated most of Polygon’s
March 7, 2024 2 mins read
While Bitcoin has surged to its all-time high of over $69,000, Ethereum is lagging behind as its price remains anchored 25% below its own peak near $4,000. This divergence has puzzled many investors who expected ETH to capitalize on the same tailwinds lifting BTC. So what’s holding Ethereum back, and
March 5, 2024 2 mins read
Polygon (MATIC), one of the most prominent Layer 2 scaling solutions for Ethereum, has been on an absolute tear over the past month. Riding the coattails of Bitcoin’s resurgence, MATIC has posted a 57% gain in just 30 days to reach its current valuation of $1.12. However, this upward march
March 5, 2024 2 mins read
The wider crypto industry continues trading under a strong bullish influence, alongside Bitcoin’s push to cement $63,000 levels this week. As with previous rallies, the momentum has spilled over to top altcoins like Solana (SOL), with the asset tacking on over 17% in the last 24 hours to reclaim important
February 29, 2024 2 mins read
The wider meme coin space awoke this past week, with standouts like PEPE and Shiba Inu gaining ground as Bitcoin tapped $63,000. However, Dogecoin surprisingly saw its upside fade despite reclaiming its own technical resistance around $0.10 amidst the rally. With bullish momentum now slowing, questions arise about whether DOGE
February 28, 2024 2 mins read
Widely-followed crypto analyst Dark Defender sees a promising trajectory ahead for Ripple’s XRP token in March. He specifically predicts a potential surge targeting as high as $0.92 amidst a crucial approaching court date tied to the ongoing Securities and Exchange Commission lawsuit. In his latest analysis, Defender notes how XRP
February 28, 2024 2 mins read
Solana (SOL) has traded firmly over the $100 level recently but has yet to challenge its 2023 peak around $126 so far. The mixed price action has given way to a neutral consolidation pattern that has analysts split on whether an upside or downside break materializes next. Analysis of weekly
February 22, 2024 2 mins read
Polygon (MATIC) has been under the radar for many months, even amidst wider market turbulence. However, while some perceive that as fading bullish strength spelling bigger declines, the price action seems to actually be setting the stage for an imminent explosion higher. The last time MATIC traded this calmly in
February 22, 2024 2 mins read
BlockFi reportedly transferred nearly $50 million worth of digital assets, including a sizable Chainlink (LINK) position, to leading exchange Kraken. The 2.4 million LINK tokens shifted, worth over $48.37 million, have sparked discussion around the potential price impact ahead. On-chain monitor EmberCN revealed that alongside tokens like UNI, AVAX, and
February 21, 2024 2 mins read