Ethereum recently faced rejection at Fibonacci (Fib) resistance and trended downward. However, its price has now bounced at a critical Fib support level, signaling that the coin may turn bullish again soon. This rebound suggests investors might resume purchases, potentially lifting ETH out of its post-resistance decline. Bear Cycle weighs
Solana (SOL) had a positive month in terms of network activity, gaining a large number of users. But bears continued to exert pressure on the token’s price trajectory during this time. A major outage affected the Solana blockchain network on February 6th, keeping the network inoperable for about 5 hours.
Even if the crypto market as a whole is consolidating, Ethereum’s price has been rising over the last day. Though Invesco and Galaxy Digital’s spot Ethereum ETF approval was delayed by the U.S SEC recently, the price of Ethereum soared to $2,400 lately. There is a lot of hope among
The price of Cardano (ADA) has drifted lower in recent days, now trading under a key descending resistance level. After hitting a high of $0.69 in December, ADA has struggled to regain bullish momentum. It currently trades at around $0.48. According to technical analysis, ADA fell over 35% from its
Following Binance’s announcement that it would delist the Monero (XMR) privacy coin from its platform, the price of the privacy-focused cryptocurrency fell to levels not seen in months. Binance said on February 6 that Monero (XMR) would be delisted from the exchange on February 20, 2024, along with other currencies
Yet another multi-hundred thousand dollar crypto hack hit the news this week, tied to the surging real-world asset tokenization trend and lax security practices. According to threat intelligence group Arkham, hacking syndicate Inferno Drainer made off with $900,000 worth of Chainlink’s LINK tokens from a Swiss crypto investment fund’s hot
The cryptocurrency market has witnessed a significant surge in Chainlink (LINK) prices, with a notable 24% increase this week and reaching a two-year high currently at $19.6. This surge is fueled by a series of intriguing events, including a surge in dormant whale transactions, technical indicators pointing towards a bullish
The price of Bitcoin (BTC) dropped below $43,000 again, and several altcoins also seemed sluggish. Ethereum (ETH) has been consolidating around the $2,300 mark for some time now. Nonetheless, on-chain evidence points to a possible substantial upswing in the near future. Forecasts for future rises are being made by experts
The meme coin craze kicked off in a big way in late 2020, with Shiba Inu (SHIB) leading the pack as one of the top players. However, while Shiba Inu posted incredible short-term gains, experts question its long-term viability given the lack of real-world utility. Enter Pandoshi (PAMBO), an emerging
Cardano (ADA) has seen its price fall in recent months, declining under a long-term resistance level and failing to break out above $0.50. With bearish technical indicators, ADA could be headed for a drop as low as $0.38, presenting a 30% downside risk for investors. Meanwhile, the fairly new Pandoshi
