Ethereum price extended losses and tested the $3,080 support zone. ETH is recovering and might aim for a test of the $3,350 resistance zone. Ethereum tested $3,080 and started a recovery wave. The price is trading below $3,350 and the…
Category: Crypto Analysis
Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election
Former President Donald Trump is set to deliver a keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee, this weekend, amid growing speculation that Trump may announce Bitcoin as a strategic reserve asset for the United States. This move…
Cardano Down 50% In 4 Months: Sellers Unrelenting, Best Time To Buy ADA?
Cardano has been under pressure and selling off in the past four months. From the ADAUSDT daily chart, it is evident that bears have been in control. After peaking in March, prices plunged by as much as 60% before finding…
Cardano In The Spotlight: Why The $0.6 Level Is Important To ADA
Cardano (ADA) is currently in a pronounced seven-day decline, which was exacerbated by a fresh descent below the $0.41 mark. This decline is part of a broader trend observed across many altcoins, which have reacted negatively to Ethereum’s significant drop…
Ethereum Spot ETF Hype: ETH Whale Activity 64% More Than BTC
On-chain data shows whale activity on the Ethereum blockchain has been quite high recently due to the excitement around the spot exchange-traded funds (ETFs). Ethereum Whales Showing Significantly Higher Activity Than Bitcoin Ones According to data from the on-chain analytics…
Cardano (ADA) Falls: Ethereum’s Decline Pulls Altcoins Down
Cardano price started a fresh decline below the $0.4120 support. Ethereum’s decline seems to be dragging ADA lower toward the $0.380 support. ADA price started a fresh decline from the $0.450 resistance zone. The price is trading below $0.4120 and…
Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast
Both experienced traders and experts are drawn to Litecoin (LTC). Declaring it “about time for LTC to wake up,” John Bollinger, the author of the well-known Bollinger Bands, recently hinted to an upcoming change for LTC. As Bollinger examined Litecoin’s…
Solana Hits $170, Bullish Channel Formation Indicates Possible Rally
The cryptocurrency market has witnessed significant fluctuation, with Solana (SOL) experiencing a notable retracement to $170.27, creating a bullish channel in the process. This recent market behavior happens after a period of a potential rally that has previously pushed the…
Tron Price (TRX) Targets New Gains: Is Another Increase Coming?
Tron price is rising from the $0.1300 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1350. Tron is moving higher above the $0.1300 resistance level against the US dollar. The price is trading above…
Is Bitcoin’s Recent ETF Inflow Surge a Setup for a Fall? What Traders Need to Know
Amid rising institutional engagement in Bitcoin, a sharp spike in exchange-traded fund (ETF) inflows over the past few days has sparked interest from traders and analysts alike. Earlier today, a noteworthy analysis from the popular trader Skew on social platform…