SUI is currently testing a crucial supply zone following a massive 95% surge triggered by the Federal Reserve’s recent interest rate cut announcement. The explosive rally, driven by significant buying pressure, has led to volatile price action, raising questions about…
Category: Crypto Analysis
Bitcoin Whales Set Profit-Taking Record In Bull Cycle — What’s Happening?
The price of Bitcoin has not had the most straightforward performance in 2024 despite a strong start to the year. The flagship cryptocurrency has spent most of the last two quarters in consolidation, fluctuating within the $50,000 and $70,000 range.…
Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here
A CryptoQuant analyst known as “caueconomy” recently published a post indicating that Bitcoin (BTC) may have reached a local bottom. The analyst points to a significant liquidation event as a key sign that a short-term recovery could be on the…
Injective (INJ) Down 20% As Market Retracement Forces Sell-Off
As the market buckles under the weight of the bearish sentiment, the altcoin market is continually being pulled further down forcing losses to altcoin holders. Injective is one of those altcoins facing massive losses with the token’s price slashed by…
RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return
In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge…
Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets
Solana is trading above a crucial support level at $137 after experiencing a 17% correction from local highs around $160. This recent dip has left analysts and investors on edge, awaiting confirmation of the next price direction. Just last week,…
Over 1.8 Million Addresses Bought 52 Million ETH At $2,350: Will Ethereum Continue Falling?
Ethereum is down when writing, mirroring the general performance across the board. The nearly 2% drop in the crypto scene is due to the contraction of Bitcoin, Ethereum, and top altcoins. At present, the total market cap is down to…
XRP Price Stabilizes After Losses: Can Bulls Regain Momentum?
XRP price extended losses and tested the $0.5080 support level. The price is now consolidating and might aim for a recovery toward the $0.580 resistance. XRP price declined further below the $0.5250 zone. The price is now trading below $0.5450…
Solana Hits Critical $137 Support: Can Bulls Prevent A Breakdown?
Solana has hit the key $137 support level, and the bulls are now facing intense pressure to prevent a downward breakout. With the market momentum hanging in the balance, all eyes are on whether the bulls can defend this critical…
Crypto Analyst Says Solana-Based BONK Is In Prime Position For Legendary Rally
Lately, top meme based cryptocurrencies like Shiba Inu (SHIB) and Pepe (PEPE) have been witnessing a spike in their prices. This bullish trend appears to have extended to Solana based meme coin Bonk (BONK), as its price movements has been…