Dogecoin has shown a remarkable recovery over the past five days after a significant downturn triggered by a broader market sell-off. During the first five days of August, the cryptocurrency experienced a sharp decline, plummeting by 38%, dropping from $0.1348…
Category: Crypto Analysis
Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000
Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in…
Ethereum Open Interest Drops 40% In August – What’s Happening?
Several large-cap assets, including Bitcoin and Ethereum, struggled to make a mark in the past week, as the general market suffered a steep downturn in prices. According to various analyses, the market was negatively impacted by some recent macro developments…
XRP Price Enters Wave 3, Crypto Analyst Puts Top At $36.76
Crypto analyst Dark Defender provided an in-depth analysis of XRP price action using the Elliot Wave Theory. In his analysis, the analyst revealed what to expect from the crypto token and where its price is eventually headed. XRP Could Rise…
Analyst Says Dogecoin Price Will Surge 2,500% To $2.55, Here’s When
Following its price surge in 2021, Dogecoin has become one of the most sought-after cryptocurrencies, with many expecting a repeat of this performance. Since then, the Dogecoin price has failed to surge, leaving investors wanting more. However, this period of…
Fantom Q2 Performance: Financial Metrics React To Sonic Blockchain Anticipation
The Fantom blockchain saw mixed performance in the second quarter (Q2) of the year, with key financial metrics cooling amid the broader cryptocurrency market downturn and the Fantom Foundation’s announcement to rebrand as Sonic Labs, according to a new report…
Toncoin Rally Above 4-Hour 100-Day SMA Puts TON On The Path To $7.6
Toncoin (TON) has gained significant upward momentum, recently breaking above the 100-day Simple Moving Average (SMA) on the 4-hour chart. This bullish move signals strong buying interest that could potentially put the crypto asset on the path to the $7.6…
Experienced Ethereum ICO Investors Purchase Mpeppe at $0.00107, Here’s Why
The world of cryptocurrency investment is ever-evolving, with seasoned investors always on the lookout for the next big opportunity. Recently, Ethereum (ETH) ICO investors have been turning their attention to a new and promising player in the crypto space: Mpeppe…
Ethereum Price Rises, Striving to Catch Up with Bitcoin’s Rally
Ethereum price gained pace for a move above the $2,550 resistance zone. ETH is now consolidating near $2,680 and eyeing more upsides above $2,750. Ethereum started a decent increase above the $2,450 and $2,550 levels. The price is trading above…
Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?
Users of Arbitrum orbit chains, layer-3 solutions for Ethereum built on top of the platform’s technology stacks, can now pay gas fees using USDC. The move comes even as ARB, the native token of the Ethereum layer-2, continues to post…