As the crypto market recovers, Solana (SOL) has bounced from a major level trendline and momentarily reclaimed a key horizontal level. Some analysts have signaled that a retest of a crucial short-term resistance could be coming, while others have warned that a breakdown to new lows remains possible. Related Reading Solana Bounces From Two-Year Trendline…
As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon. Related Reading Ethereum Weekly Close On Sight On Thursday, Ethereum dropped 1.4% to retest a key area for…
After recovering from last week’s lows, XRP has been moving sideways, hovering between $1.40 and $1.45 during the past four days. As the price attempts to hold its local range lows, a market observer has affirmed that the cryptocurrency could be preparing for a potential recovery if its critical level holds. Related Reading XRP At…
As the crypto market recovers from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial price zone. Despite the bounce, some analysts have warned that the bottom may not be in yet, suggesting the flagship crypto could soon retest its recent lows. Related Reading Bitcoin Bottom Below $60,000, Says Analyst On Monday, Bitcoin…
While some consider the altcoins season may never come, others believe the altcoin market has changed, suggesting that a different version of the highly anticipated rally is in its early stages. Related Reading ‘Inverted Altcoin Season’ Just Begun On Friday, the market recovered 15% from its multi-year lows, with most cryptocurrencies bouncing in the short-term…
As Solana (SOL) trades at multi-year lows, some analysts have lowered their end-of-year targets. Meanwhile, other market watchers have warned that the altcoin risks another 50% correction after a bearish formation was recently confirmed. Related Reading Solana Confirms Head And Shoulders Pattern On Wednesday, Solana retraced nearly 10% in the daily timeframe, reaching a two-year…
BNB Chain has shown strong performance over the last week, with the ecosystem holding key metrics despite the recent market downturn and BNB’s price correction toward a major support level. Related Reading BNB Chain Key Metrics Hold Strong On Monday, BNB Chain shared its weekly ecosystem snapshot, revealing solid network performance and sustained growth on…
BitMine’s chairman, Thomas “Tom” Lee, has weighed in on the potential reasons for the recent crypto market’s performance and why he believes the prices may be near the bottom. Related Reading ‘All Pieces In Place’ For Crypto Market Bottom On Monday, BitMine’s chairman and Fundstrat’s CIO, Tom Lee, discussed the recent market crash that has…
After bouncing 2.6% from recent lows, Bitcoin (BTC) has been attempting to turn the $82,000-$83,000 area into support. Some analysts have warned that the cryptocurrency must hold the crucial macro support levels or it will “confirm bearish acceleration.” Related Reading Bitcoin To Drop 76% From its Peak On Thursday, Bitcoin crashed alongside the rest of…
As the market bounces from the recent lows, Dogecoin (DOGE) is attempting to turn a crucial area back into support. Some analysts have highlighted that the cryptocurrency could be repeating its past performances, which could lead to a massive move in the coming months. Related Reading Dogecoin Repeats Its Parabolic Run Pattern Dogecoin, the largest…