As Dogecoin (DOGE) retests a key multi-year support, some analysts predict a bearish outlook for the largest memecoin by market capitalization, warning that its bottom may not be in yet. Related Reading Dogecoin Targets Lower Levels On Thursday, Dogecoin erased most of its early-week bounce and retested the $0.090 area once again. Market observer Rekt…
As Cardano (ADA) retests a key multi-year level that previously led to significant price increases, some analysts point to on-chain and derivative signals suggesting a potential price recovery for the altcoin. Related Reading Cardano Retests Key Macro Support On Tuesday, Cardano dropped 3% to retest a crucial macro support level. The altcoin has been trading…
Bitmine has increased its bet on Ethereum (ETH) with a $137 million purchase, as the King of Altcoins reclaims the crucial $2,150 level, and some market observers call for the end of the crypto market correction. Related Reading Bitmine Adds 65,000 ETH Amid End Of Crypto Winter Calls On Monday, the largest Ethereum treasury in…
As XRP attempts to defend a crucial support level, an analyst has called for a 30%-40% rally in the coming weeks, suggesting that the altcoin could see short-term relief before it reaches its “critical inflection point.” Related Reading XRP Defends Its ‘Lifeline’ On Friday, XRP saw a 2.5% intraday retrace to retest the $1.43 area…
While some market observers suggest that Dogecoin (DOGE) could be primed for a massive price expansion, Elon Musk revived his popular meme after a long time, reigniting enthusiasm among crypto community members. Related Reading The ‘Dogefather’ Is Back? As investors wondered whether Elon Musk had abandoned Dogecoin, the Tesla CEO and X owner put the…
Amid strong institutional demand and regulatory clarity from US authorities, an analyst has suggested that Solana (SOL) could potentially rally above a crucial psychological barrier for the first time in a month. Related Reading Clear Skies Ahead For Solana Over the past week, Solana has had a remarkable performance, jumping 22% from March lows and…
As the crypto market bounces, a key indicator has flashed a key bullish signal on the Ethereum (ETH) daily chart, suggesting the end of its six-month downtrend could be near. However, some analysts have warned investors of a possible bull trap and a subsequent reversal to new lows. Related Reading Ethereum Eyes Trend Reversal Ethereum…
Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered,…
Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Related Reading Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the…
While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin. Related Reading Dogecoin Bottom May Be Lower On Monday, Dogecoin bounced 3% from Sunday’s lows and reclaimed the $0.091 level, which had…