Thu, December 26

Solana Bears Gain Control as $64M in Long Positions Vanish Amid Market Retreat

Solana’s recent price action has created a challenging environment for bullish traders, with the cryptocurrency experiencing a notable correction from its all-time high of $264.63 reached on November 22. The 10% decline over the past week has triggered a cascade of market effects that warrant careful analysis to understand the

November 30, 2024 2 mins read

XRP at Crossroads: Technical Indicators Paint Mixed Picture After 181% Monthly Surge

After an extraordinary monthly performance that saw XRP surge by 181.38%, the cryptocurrency has entered a critical consolidation phase that could determine its next significant move. The recent rally, which pushed prices to $1.63, has now given way to a more measured market environment that demands careful technical analysis to

November 30, 2024 2 mins read

Cardano Whales Show Signs of Retreat as Metrics Signal Potential Price Correction

Cardano’s ecosystem is showing notable shifts in whale behavior and network activity that warrant careful attention from market participants. The most striking development has been the dramatic decline in large transaction volume, falling from $45.41 billion to $26.34 billion over just six days, representing a significant change in how institutional

November 29, 2024 2 mins read

Can Shiba Inu (SHIB) Gather Momentum for a Potential Breakout?

The meme coin market cap has stabilized at $127 billion. All the major meme coins like DOGE, PEPE, and BONK are priced in green. The recent Bitcoin rally, which pushed its price to $99K, ignited the crypto market.  Among the meme coins, the dog-themed Shiba Inu (SHIB) has gained moderately

November 29, 2024 3 mins read

Technical Signals Point to Solana’s Struggle Near ATH as Bears Take Control

Solana (SOL) has encountered significant headwinds in its attempt to reach new historic highs, with the price consolidating around $238. A comprehensive analysis of multiple technical indicators suggests that the cryptocurrency might face additional downward pressure in the near term. The liquidation heatmap, a sophisticated tool for understanding potential price

November 29, 2024 2 mins read

Cardano’s Rally Creates Profit-Taking Pressure as 88% of Supply Turns Profitable

Cardano (ADA) has experienced a remarkable transformation in its market dynamics, with a 27% weekly surge creating both opportunities and potential risks for investors. The rally has fundamentally altered the profitability landscape for ADA holders, raising important questions about sustainable price momentum. Majority of Cardano holders in profit The scale

November 28, 2024 2 mins read

Will Solana (SOL) Hit New Highs in the Coming Weeks?

Solana (SOL) has captured investor attention with its impressive performance in the last week. Currently Solana is trading at $236.34, SOL has experienced a 2.32% dip in the last 24 hours but remains a dominant force in the crypto market. Its market cap stands at $112.24 billion, with a 24-hour

November 28, 2024 2 mins read

Are ETH Bulls Back on Track to Hit $4K?

Ethereum, the second-largest cryptocurrency by market capitalization, surged to a five-month high of $3,687 before experiencing a slight correction. The token is trading at $3,620, reflecting a 7% increase over the past 24 hours and an 8% spike in trading volume during the same period. Over the past month, Ethereum

November 28, 2024 2 mins read

XRP Holders Lock in Profits as Token Retreats from Three-Year Peak

The cryptocurrency XRP has entered a period of increased selling pressure following its climb to $1.63, a peak not seen in three years. The subsequent 13% decline to $1.41 coincides with a significant surge in profit-taking activity, suggesting a potential shift in market dynamics that could lead to further price

November 27, 2024 2 mins read

Solana Faces Headwinds as Short Positions Mount After All-Time High

Solana (SOL) has encountered significant selling pressure following its recent ascent to an all-time high of $264.63 on November 24. Currently trading at $232.72, the cryptocurrency has experienced a 12% retracement, prompting a notable shift in market sentiment and trading behavior. The derivatives market paints a particularly telling picture of

November 27, 2024 1 min read
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