Amid the recent market pullback, Solana (SOL) is attempting to reclaim a crucial area to continue with its bullish rally. Some analysts have suggested that the cryptocurrency will likely break out to new highs if a key support level is held. Related Reading Solana Back Below $200 Earlier this week, the market soared under the…
After hitting a new multi-month high, Cardano (ADA) has retraced alongside the rest of the market. Some analysts suggest that the cryptocurrency is ready to reclaim crucial resistance levels and hit new highs in the coming months. Related Reading Cardano Holds Crucial Support Despite Pullback On Thursday, Cardano experienced an 11% drop after surpassing the…
Ethereum (ETH) is attempting to reclaim a crucial area as price nears its 2021 all-time high (ATH). However, an analyst suggested that this week’s performance will be key for the long-awaited price discovery rally. Related Reading Ethereum Eyes Last Major Resistance Over the past week, Ethereum has had a remarkable performance, jumping nearly 30% to…
Sui (SUI) is attempting to reclaim a key resistance area after recovering from last week’s lows and growing institutional interest in the ecosystem, leading some analysts to suggest that a breakout might be around the corner. Related Reading SUI Rallies Amid Ecosystem Interest On Tuesday, SUI jumped 7.4% intraday following major news for the ecosystem…
Ethereum (ETH) is attempting to break out of a crucial resistance level after recovering from last week’s lows. Some analysts suggested that the cryptocurrency is repeating past breakout playbooks, which could lead to a new high this quarter. Related Reading Fourth Time’s The Charm? On Thursday, Ethereum retested the $3,850 level after recording a 6.3%…
After recovering from its local lows, Cardano (ADA) is retesting a key area that could send the price to the next crucial resistance. Some analysts suggest that the cryptocurrency is preparing for a massive rally. Related Reading Cardano Retests Key Resistance Following last week’s drop to the $0.70 support, Cardano is attempting to break out…
As Solana (SOL) attempts to reclaim a crucial level, a market watcher forecasted a massive rally for this quarter. However, some analysts suggested that the cryptocurrency will retest the range lows soon. Related Reading Solana Nears Crucial Level On Tuesday, Solana surged 9.6% from the recent lows, driven by the start of Solana Mobile’s global…
After falling below a crucial support level, Bitcoin (BTC) is attempting to recover some of its lost ground. An analyst suggested that this week’s performance will be decisive for the cryptocurrency’s next trend. Related Reading Bitcoin Loses Bull Flag Formation Over the weekend, Bitcoin lost its post-breakout range for the first time in three weeks,…
Bitcoin (BTC) has continued to face resistance below the $120,000 level, with price action showing little momentum to push the asset toward a new high. At the time of writing, the world’s largest cryptocurrency is trading above $118,000, reflecting a slight pullback of around 3.6% from its most recent all-time high. With the asset still…
Robinhood (HOOD), the trading platform that gained notoriety during the meme-stock frenzy, has demonstrated a significant evolution in its business model, according to a recent report by Reuters. The company’s latest earnings reveal a surge in trading volumes across equities, options, and cryptocurrencies, indicating its ability to engage retail investors even amidst market uncertainties like…