Mon, December 9

Will XRP Regain Momentum and Push Higher?

This trading day opened with bearish traits in the crypto market, with a 2% plunge in the total market cap. The largest cryptocurrencies like Bitcoin and Ethereum are priced in red. Along with Ripple’s XRP has turned red, mirroring the broader market sentiment. The recent bull market has pushed the

8 hours ago 3 mins read

Will Chainlink (LINK) Keep Surging as Altcoins Gain Momentum?

The trading day began with the crypto assets fluctuating between their highs and lows. Bitcoin and Ethereum have moderately lost their momentum. However, a surge in altcoins is mirroring a potential altcoin season.  Among the altcoins, Chainlink (LINK) has demonstrated notable price movements and emerged as the top gainer with

12 hours ago 2 mins read

El Salvador’s Bitcoin Gains Surpass $333M Amid Bitcoin Rally

As Bitcoin hit $100,000 for the first time on December 5th, Salvadoran President Nayib Bukele took to social media to promote the country’s unrealized gains from its investments in the cryptocurrency. Moreover, as the cryptocurrency hit $100,000 for the first time ever on December 5th, the crypto community celebrated. Autism

December 8, 2024 1 min read

Solana’s $13B Volume Surge Hints at Potential Rally as Multiple Indicators Align

When analyzing cryptocurrency market movements, volume often tells a more complete story than price alone. Solana’s recent surge in daily trading volume to $13 billion marks a significant milestone, matching levels last seen during its all-time high on November 22. This volume renaissance, accompanied by a price increase from $230

December 6, 2024 2 mins read

Cardano at Crossroads: MVRV Signals Caution as Price Tests Critical $1.20 Level

After an extraordinary month that saw Cardano surge 264%, the cryptocurrency faces a pivotal moment at the $1.20 resistance level. This price action creates an intriguing market scenario where further appreciation depends on overcoming both technical resistance and increasingly concerning market metrics. Cardano MVRV Warning Signal The market value to

December 6, 2024 2 mins read

Solana Consolidates Near $233 as Bitcoin Correlation Weakens: Technical Analysis

In the wake of reaching its historic peak at $264, Solana has entered a critical consolidation phase, finding equilibrium above the significant $221 support level. This price action comes at an interesting juncture in the broader cryptocurrency market, as Bitcoin’s recent surge creates potential tailwinds for alternative cryptocurrencies. Understanding Solana’s

December 5, 2024 2 mins read

Cardano Whales Offload $69M Worth of ADA Ahead of Token Unlock Event

Cardano’s remarkable 270% surge over the past 30 days faces a critical test as whale addresses initiate substantial profit-taking operations. This selling pressure emerges at a particularly sensitive time, just days before a scheduled token unlock event that could introduce additional market volatility. Cardano Whale Behavior Analysis The dramatic shift

December 4, 2024 2 mins read

BNB Breaks 8-Month Resistance to Set New All-Time High Amid Market Volatility

Binance Coin (BNB) has achieved a significant technical breakthrough, breaking free from an eight-month resistance zone to establish a new all-time high. The 16% price surge in the last 24 hours has created substantial market movement, liquidating both bearish and bullish positions. BNB Market Impact and Liquidations The rally’s intensity

December 4, 2024 1 min read

Tron (TRX) Shatters Previous Records as Price Hit Historic Highs

Tron (TRX) has achieved a remarkable milestone in its market history, breaking through its previous all-time high to reach $0.23, representing a significant 12% surge in just 24 hours. This breakthrough carries particular significance as it propels Tron’s market capitalization beyond $20 billion for the first time, marking a new

December 3, 2024 2 mins read

Cardano’s 300% Rally Faces Test as Retail Investors Begin Taking Profits

The cryptocurrency market is witnessing a fascinating situation with Cardano (ADA), as its phenomenal 300% price surge over five weeks creates an intricate balance between continued momentum and emerging profit-taking behavior. Having broken through the psychologically significant $1 mark to reach levels not seen in nearly two years, the market

December 3, 2024 2 mins read