Crypto analyst Kamran has raised the possibility of a 443% Dogecoin rally, providing a bullish outlook for the meme coin. This came as he noted that the meme coin has dropped to a historical macro support that has triggered explosive rallies in the past. Dogecoin Eyes 443% Rally As The Meme Coin Reaches Macro Support…
XRP’s derivatives markets are still showing signs of bearish pressure, with funding rates across major exchanges now in negative territory. According to real-time data, funding rates have been predominantly below zero in recent trading sessions, with the lowest exchange funding rate recorded around -0.0748%. At the same time, open interest has returned to levels associated…
Crypto analyst XForce has assured that the Dogecoin price can still reach the psychological $1 level. However, he suggested it may not happen soon, as he alluded to technicals that indicate a single pathway for the meme coin to reach this level. Dogecoin Price Can Reach $1 In The Coming Years In an X post,…
Ethereum (ETH) has retested its crucial $2,800 support level for the second time this week, as the broader crypto market erases all its intraweek gains. Some market observers have weighed in on whether investors should worry about King of Altcoin’s performance. Related Reading Ethereum Plunges Amid Broader Market Crash On Thursday, global markets experienced a…
Ethereum is currently trading under pressure after failing to push above the $3,000 level again over the past 24 hours, a move that is reflecting trader sentiment across the derivatives markets. ETH is currently trading at $2,925, down 2.7% on the day, after moving within a 24-hour range capped at $3,012.99 and finding lows around…
The Shiba Inu price crashed to as low as $0.000007683 yesterday, sparking bearish sentiment towards the meme coin. This crash came on the back of a transfer of billions of SHIB tokens, which raised concerns of a potential sell-off by the whale in question. Why The Shiba Inu Price Crashed The Shiba Inu price crashed…
On-chain data show a significant amount of Shiba Inu still held on exchanges, putting the SHIB price at risk of a decline due to sell-offs. This comes amid a positive increase in net flows, indicating that more coins are flowing into exchanges, likely to offload them. SHIB Price At Risk With 82 Trillion Shiba Inu…
Several catalysts have emerged that point to a sustained upward momentum for the Dogecoin price. This comes amid DOGE’s 26% gain to begin the year, with the meme coin now looking to break above the $0.15 resistance. Factors That Could Contribute To A Sustained Dogecoin Price Rally One factor pointing to a sustained Dogecoin price…
XRP has recorded a notable surge in one of its most closely watched derivative indicators, which brings attention to how traders are positioning around the asset. Data shows that open interest tied to XRP derivatives jumped by about 80% within a very short four-hour window in the recent trading day, pointing to a sudden influx…
The Zcash (ZEC) price has rallied above the psychological $500 level, providing a bullish outlook for the privacy-focused token. This comes amid a notable surge in whale accumulation and derivatives activity among crypto traders. Why Zcash (ZEC) Price Rallied Above $500 Despite Crypto Market Decline CoinMarketCap data show that the Zcash (ZEC) price has rallied…