There was a 5% loss in value for ETC over the past day. The Ethereum Classic coin has continued its fall on longer time frames since the July spike. Ethereum Classic bears were unable to withstand the selling pressure after the fork attempted to maintain a price above the $27 support line. As of this writing, ETC…
Uniswap is not looking good right now. UNI, the governance token of the decentralized exchange platform bearing the same name, must be able to muster enough energy to regain momentum and hit its target. Uniswap’s key support levels are $5.7 and $5.2 UNI price can go as high as $7, with a push for $8…
Decentralized stablecoin DAI, native to Maker protocol, might become a major leader in the sector over the coming years. The digital asset was the most stable of the stablecoin in a period of 9 months, according to research published by Best Brokers. A stablecoin is a digital asset whose value is pegged to the U.S.…
Ethereum has almost made back the gains from previous weeks with yesterday’s upside move and could be gearing up for another push above resistance. The second cryptocurrency by market cap is following the general sentiment in the market and seeing some relief after the influence of macro forces lessened, for the time being. At the…
Solana fell into a four-month low of $28.35 during the early morning of October 13, plummeting below the $30 marker again for the first time since June 13 when it changed hands at $28.19. Although the altcoin is not just the only one that suffered as many other cryptocurrencies including pack leaders Bitcoin and Ethereum…
Dogecoin, a dog-themed cryptocurrency released in December 2013, is caught in an extended bearish momentum as it continues to struggle to trim its losses and regain its bullish run. Dogecoin has already lost 91.8% of its $0.73 ATH The $0.057 marker is crucial for DOGE to regain its losses The meme crypto is in danger…
Ethereum spiked lower after the US CPI release against the US Dollar. ETH dived to $1,200 before it started a sharp increase and surpassed $1,300. Ethereum trimmed all losses and climbed back above the $1,300 resistance zone. The price is now trading above $1,300 and the 100 hourly simple moving average. There was a break…
Cardano, the 8th largest cryptocurrency in terms of market capitalization, traded for $0.38 at one point today to drop to the lowest it’s been for the past 21 months. ADA just recorded its 2022 all-time low of $0.36 Cardano may be on another bearish run all the way to the forecasted $0.25 mark IOG leans…
Ethereum completed one of its historic upgrades in mid-September. The Merge created the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Unfortunately, the post-Merge events brought deflationary situations for the blockchain. As predicted by some crypto experts, the price of Ethereum has dropped drastically following its transition to PoS. Also, the dynamics of ETH supply have…