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…
As the crypto market bounces from the latest shakeout, Ethereum (ETH) and investment products based on the King of Altcoins recorded a remarkable single-day performance, potentially setting the stage for further recovery. Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and recorded their best single-day in nearly…
As the end of the month approaches, Ethereum (ETH) is attempting to end February above the crucial $2,000 barrier. Some analysts have suggested that the upcoming monthly close could determine the fate of the King of Altcoin’s price trajectory. Related Reading Ethereum Trajectory Could Be Defined This Weekend On Thursday, Ethereum briefly fell from its…
During the Wednesday market recovery, XRP surged 7.9% to hit a one-week high of $1.47. The cryptocurrency has been hovering between $1.35-$1.50 over the past three weeks but has failed to break above the local range’s upper boundary. As the price nears this resistance once again, an analyst has suggested that a short-term rally toward…
As the first two spot SUI exchange-traded funds (ETFs) debut in the US, some analysts have suggested that the cryptocurrency could be preparing for a massive recovery after bouncing from a crucial support level. Related Reading SUI’s Institutional Momentum Expands On Wednesday, Grayscale and Canary Capital debuted the first two spot SUI ETFs, offering direct,…
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…