Wed, September 30

Can Ethereum (ETH) Retain Its Bullish Momentum?

Ethereum (ETH) is currently trading at around $2,312, slightly upward over the past 24 hours. However, recent fluctuations have kept traders on alert. Moreover, the much-anticipated Ethereum Exchange-Traded Funds (ETFs) could soon drive new institutional investment. These funds are expected to bring more capital into Ethereum’s ecosystem. In whale movements,

September 17, 2024 2 mins read

Bitcoin Bear Run Extends as Price Holds on Stubbornly at $58K

The crypto market seems determined to abstain from upward movements in the past few months. The May bull run left investors hoping for huge price actions in the following months which the crypto market has failed to deliver. In the past week, cryptocurrencies again entered a bull-bear price cycle escalating

September 17, 2024 2 mins read

BNB Price Consolidates, But This Indicator Shows Bullish Divergence

Binance Coin (BNB) finds itself in a state of market indecision, with recent price action characterized by sideways movement as neither bulls nor bears muster sufficient momentum to dictate a clear directional trend. Despite this apparent stagnation, emerging technical indicators suggest the formation of a bullish divergence, prompting a segment

September 16, 2024 2 mins read

Ripple (XRP) Rallies Since September 6, Approaching $0.60 Resistance

XRP has experienced a notable price surge since September 6, propelling the altcoin towards a formidable resistance level at $0.60. However, as demand for the digital asset begins to wane, there are indications that XRP may struggle to breach this crucial threshold, potentially repeating historical patterns of resistance. On-chain metrics

September 16, 2024 2 mins read

Solana Faces Bearish Pressure as Price Fails to Clear Above $140 Mark

Using the cross-chain technology developed by the Wormhole Foundation, Worldcoin has announced the introduction of World ID integration for Solana. World ID now has even more possibilities for app developers thanks to the integration with Solana. Founder Anatoly Yakovenko of Solana made an unexpected reference to Satoshi in a recent

September 15, 2024 2 mins read

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

A prominent Solana whale unstaked a substantial amount of SOL tokens and transferred them to Binance. This move, likely motivated by profit-taking intentions, comes amidst intensifying volatility in the Solana market and growing bearish sentiment surrounding the altcoin. On-chain analyst Lookonchain reported early Friday that a Solana whale had unstaked

September 13, 2024 2 mins read

Ripple (XRP) Surges, Creating a Bullish Engulfing Candle With 5% Gain

Ripple’s XRP has experienced a notable resurgence, with a sudden surge in price creating a bullish engulfing candle and improving market sentiment overnight. This positive momentum comes on the heels of a major announcement from Grayscale, potentially setting the stage for a breakout rally. XRP’s daily chart reveals a recovery

September 13, 2024 1 min read

Binance Coin (BNB) Breaks Above 20-Day EMA Resistance: but Faces Weakening Buying Pressure

Binance Coin (BNB) finds itself at a critical juncture following a recent breakthrough above a significant resistance level formed by its 20-day exponential moving average (EMA). Despite this apparent bullish move, underlying indicators suggest that the cryptocurrency may struggle to maintain its upward momentum, potentially leading to a retracement of

September 12, 2024 2 mins read

Solana (SOL) Targets Rise to $155 and $160: But There’s A Catch

Solana (SOL) finds itself at a critical juncture after narrowly avoiding a breach of its crucial $126 support level, a price point that has safeguarded the cryptocurrency from major downturns since early March. As the digital asset shows signs of recovery, investors are keenly observing technical indicators for clues about

September 12, 2024 2 mins read

Ethereum Attempts to Disentangle from Consolidation Phase at $2.3K

The crypto sector shook off its recent slump with a surge in activity over the last 24 hours. While the web3 ecosystem made several advancements, cryptocurrency prices took a turn towards a modest positive. Relatedly, the leading altcoin and second largest cryptocurrency, Ethereum recorded a 0.98% increase in daily price

September 12, 2024 2 mins read