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Search Results for: RSI

Will Solana’s Bullish Momentum Sustain Amid Selling Pressure?

Solana (SOL) is currently trading at $173, reflecting a slight decline of 0.49% over the past 24 hours, with trading volume down 20%. Despite this recent downturn, SOL has gained approximately 13% in the last week, previously hitting a three-month high of $179. The bullish momentum seen over the past

October 25, 2024 2 mins read

Flare Accelerates Node Deployment for 20+ Blockchains on Google Cloud Marketplace

Flare, the blockchain for data, has released a vital product for global blockchain development on Google Cloud Marketplace. Web3 developers will be able to launch a complete blockchain node in a matter of minutes and at a reduced cost thanks to the availability of Blockchain Machine Images on Google Cloud Marketplace. Blockchain

October 25, 2024 3 mins read

Will Ethereum Break Free from Its Mixed Market Signals?

In the last 24 hours, the cryptocurrency market has shown neutral price movements, largely influenced by Bitcoin’s return to the $67.7K level. This stabilization has helped the overall market cap rise by 3.24%. However, Ethereum, the leading altcoin, has diverged from this trend, experiencing a price drop over the week.

October 25, 2024 2 mins read

Somnia Unveils Updated Litepaper with Multistream Consensus and Several Enhancement

Somnia, a high-performance Layer 1 that is compatible with EVM and optimized for entire worlds’ data fully onchain, has released a updated version of its litepaper. The project’s major improvements, such as the new Multistream consensus model, are outlined in depth in the updated document. Somnia, which aims to enable the next generation

October 25, 2024 3 mins read

Binance Thailand CEO Highlights Shift to Institutional Crypto Focus

Thailand’s crypto landscape is seeing a significant transformation, moving from a retail-driven market to one focused on institutional investment, according to Binance Thailand CEO Nirun Fuwattananukul. In a recent opinion piece for the Bangkok Post, Fuwattananukul praised the latest regulatory proposal by Thailand’s Securities and Exchange Commission (SEC) as a “vital

October 25, 2024 2 mins read

Chainlink (LINK) Bulls Push Through Critical Resistance

The major cryptocurrency, Bitcoin (BTC) has been fluctuating between $69K-$65K for the past few days. Certain tokens have lost and regained their momentum. Meanwhile, Chainlink’s price has sustained its price above the $11 mark.  Notably, LINK has recently broken through critical resistance at the $11.70 range. This resurgence comes with

October 25, 2024 2 mins read

Ethena (ENA) Price Prediction 2024, 2025, 2026-2030

In this Ethena (ENA) price prediction 2024, 2025-2030, we will analyze the price patterns of ENA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.  TABLE OF CONTENTS INTRODUCTION Ethena (ENA) Current Market Status What is Ethena (ENA)? Ethena (ENA) 24H Technicals ETHENA (ENA)

October 25, 2024 7 mins read

Is XRP Ready to Break Free from These Price Barriers?

XRP has wrestled to regain its bullish momentum over the past few weeks. The asset failed to cross the crucial $0.55 resistance mark. In addition, Ripple Labs has been involved in a lengthy lawsuit with the SEC, but recent developments have rekindled community interest. Analysts are expecting a notable shift

October 25, 2024 2 mins read

Shiba Inu Burn Rate Jumps Over 65,500% as Millions of SHIB Vanished

This week began on a bearish note for the cryptocurrency market, with many tokens struggling to recover from recent lows. Among them, the popular meme coin Shiba Inu (SHIB) has seen a dip of over 1.5% in the last 24 hours, despite a remarkable spike in its burn rate. According

October 25, 2024 2 mins read

Bitcoin Pauses at $67.8K Before Resuming Price Rally Post Brief Dip

The digital assets sector encountered a shocking incident, as a US government-related crypto wallet was compromised. The attack led to a loss of $20 million worth of funds in the form of USDT, USDC, aUSDC, and ETH tokens. Meanwhile, on turning to the prices table, Bitcoin has resurfaced at $67K,

October 25, 2024 2 mins read