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Head And Shoulders Alert: Dogecoin Might See A Worth Crash Quickly

Head And Shoulders Alert: Dogecoin Might See A Worth Crash Quickly

Crypto analysts are sounding the alarm on Dogecoin as a classic chart pattern, known for predicting bearish trends, has emerged. Technical analyst Josh Olszewicz, @CarpeNoctom, flagged a potential Head and Shoulders (H&S) formation on the DOGE/USD 12-hour chart on X, hinting at a possible significant price drop if the pattern validates. The H&S pattern is…
Detrimental Nirvana? Decoding The First Bitcoin Funding Price Dip Of 2024

Detrimental Nirvana? Decoding The First Bitcoin Funding Price Dip Of 2024

The recent Bitcoin halving event, which cut the block reward for miners in half on April 20, 2024, has sparked a wave of optimism in the cryptocurrency market. While a brief dip in a key futures metric hinted at potential short-term bearishness, overall market indicators suggest a bullish trend taking hold. Analysts at Kaiko, a…
SOL Worth Topside Bias Susceptible If Solana Continues To Battle Under $170

SOL Worth Topside Bias Susceptible If Solana Continues To Battle Under $170

Solana attempted a recovery wave above the $140 level. SOL price is now struggling to clear the $160 and $170 resistance levels. SOL price recovered higher and tested the $160 resistance against the US Dollar. The price is now trading below $160 and the 100 simple moving average (4 hours). There is a key bullish…
Ethereum Value Faces Rejection, Is This A Recent Bearish Sign?

Ethereum Value Faces Rejection, Is This A Recent Bearish Sign?

Ethereum price failed to clear the $3,280 resistance zone. ETH declined below the $3,200 support and is now consolidating losses above $3,100. Ethereum struggled to clear the $3,250 and $3,280 resistance levels. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with…
FTX Co-Founder Sam Bankman-Fried’s Civil Legal responsibility Launched In Settlement With Buyers

FTX Co-Founder Sam Bankman-Fried’s Civil Legal responsibility Launched In Settlement With Buyers

According to a recent Bloomberg report, a group of investors and customers of cryptocurrency exchange FTX have agreed to drop their claims against co-founder Sam Bankman-Fried.  In exchange, Bankman-Fried has agreed to cooperate with the plaintiffs in the ongoing lawsuits against other defendants related to the collapse of FTX. Sam  Bankman-Fried And Insiders Settle Per…