Fri, January 31

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

Analyst Predicts Ripple (XRP) Could Reach $40 Based on Technical Patterns

Renowned market analyst Steph has ignited discussions in the cryptocurrency community with a bold prediction for Ripple coin’s future price action. His analysis, shared on social media platform X, suggests that XRP could be on the verge of a significant breakout, potentially reaching as high as $40 in the long

September 11, 2024 2 mins read

Cardano (ADA) Struggles to Regain Momentum, Can It Sustain Above $0.330 Support?

Cardano (ADA) finds itself at a critical juncture as it grapples with persistent price stagnation despite increased volatility in the broader cryptocurrency market. The altcoin’s repeated failure to overcome the crucial $0.330 support level since August has sparked concern among investors, prompting questions about ADA’s long-term viability and potential for

September 11, 2024 2 mins read

Solana Sets New Record with 5.4 Million Daily Active Addresses

Solana (SOL) has recently achieved a remarkable milestone, setting a new record for daily active addresses and sparking speculation about potential price appreciation. Despite this surge in network activity, SOL’s price has remained under pressure, mirroring the broader altcoin market’s struggles. As investors eye the upcoming Breakpoint conference, questions arise

September 11, 2024 2 mins read
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