Analysis

This article analyzes Toncoin’s recent price action, highlighting its drop to the critical $6 support level after a bullish run. Toncoin is currently trading at $6.27, down 5.19% in the last 24 hours. Its market cap is over $15 billion, with a trading volume of $373 million. While the market cap has fallen by 5.21%,…

VeChain (VET) could rise to $0.60 in six months, with increasing market interest despite the current bearish trend. Indicators like RSI and MACD suggest a possible trend reversal, as buying pressure builds and bearish momentum weakens. Recent price gains show growing confidence and potential for further bullish movement. Analyst Predicts VeChain (VET) Surge to $0.60…

Despite a recent price increase, the number of Toncoin’s (TON) long-term investors has decreased. Still, TON has stayed strong in a market where most cryptocurrencies have been declining. If this bullish trend continues, TON could soon reach $6.85. This makes it interesting to explore what has supported TON’s rise and whether this momentum can be…

Top analyst Miles Deutscher predicts that Solana (SOL) could potentially reach $1,000, suggesting a 5-10x increase in its price. Despite recent market fluctuations and a rise in meme coin interest, Solana has demonstrated robust performance, with its price increasing 20x from its bear market lows. Deutscher believes the rally might only be beginning. He points…

Polygon (MATIC) recently fell below the $0.50 support level, which is now acting as immediate resistance. Currently trading at $0.41, MATIC is under bearish pressure as market sentiment remains weak. On August 6, 2024, Coinglass data revealed a significant increase in MATIC liquidations, with short positions at $371.67K compared to long positions of $89.07K. This…

Pepe Coin (PEPE) is trying to bounce back from a low of $0.00000588. The price may continue to recover and test the significant resistance level at $0.0000095. Pepe Coin’s price dropped significantly below the $0.0000110 support level and is now trading under a crucial triangle pattern with support at $0.0000095 on the daily chart. Although…

The Solana-based meme coin Dogwifhat has jumped 20% in the past day as Bitcoin recovered to $57,000. Currently, Dogwifhat is still up by 18%, trading at $1.71, according to CoinGecko. Its daily trading volume is around $935 million, and its market cap has risen to $1.69 billion. After the recent price increase, the dog-themed meme…

Chainlink has plunged 38% this week, breaking through major support levels. There could be further declines, potentially targeting the $5 support level, but a recovery is possible if it holds at that point. Chainlink (LINK) has suffered along with the broader cryptocurrency market, seeing significant downturns. In the past week, LINK’s value dropped 38%, with…

With a 36% drop in Vechain (VET) price struggling to maintain bullish support at $0.020, the altcoin may face further declines. The ongoing bear market has hit Vechain hard, with an influx of supply putting pressure on altcoins. As the VET token’s decline continues, buyers are finding it difficult to hold the crucial $0.020 level….

As Bitcoin struggles to maintain its value above $50,000, altcoins are experiencing a significant influx of supply. The ongoing sell-off has led to over a billion dollars in liquidations within the last 24 hours, further intensifying the market downturn. This crash has primarily affected those with leveraged positions and less resilient investors. Top Altcoins to…

Dogecoin recently saw a large outflow from exchanges, with $30 million worth of DOGE being withdrawn. This could be a positive sign for the asset. The overall market decline has led to cryptocurrency liquidations soaring to $200 million, coinciding with this outflow. Recently, $30 million worth of Dogecoin was withdrawn from exchanges. This coincided with…

Bonk (BONK) has experienced a significant drop of 24% over the past week, bringing its current trading price to $0.000021. This decline has pushed BONK down to a crucial support level, which forms part of a descending triangle pattern that has been active since May. Technical indicators, including the Relative Strength Index (RSI) and Moving…

Polkadot inflation prompts debate as DOT continues to decline. Opinions differ on whether inflation or network growth is to blame for DOT’s price drop. A Reddit user notes that staking rewards are insufficient if the altcoin’s value drops more than the rewards offered. The ongoing debate over Polkadot’s inflation rate and its impact on DOT’s…

Cardano is showing signs of forming a double bottom, which might mean it’s ready for a bull run to challenge the overhead trendline. This raises the question: will this rally push Cardano to $1? Cardano has been losing value for months, dropping 54% from $0.81 in April to $0.37, after facing resistance at $1. It’s…

In a bearish crypto market where many altcoins are struggling to stay bullish and facing intense corrections, AAVE is showing signs of a strong recovery after a recent dip. AAVE seems ready for a breakout and could potentially reach the $150 mark. However, it’s uncertain if this uptrend will withstand the broader market’s correction or…

BNB Chain has demonstrated strong performance and robust activity over the years. Recently, the blockchain has once again proven its strength by outperforming all its competitors in a key area. This impressive showing raises the question of whether it will finally provide the momentum needed for bulls to drive BNB’s price upward. BNB Chain Leads…

Wealth advisor Mickle believes that XRP is showing a “moon pattern,” suggesting the potential for significant gains for investors. Despite the recent crypto market sell-off caused by Bitcoin’s volatility, XRP hit a new low of $0.5446 today after reaching a four-month high of $0.65 last week. This was an impressive feat during the previous bearish…

Famous cryptocurrency educator Investor Ben has set yearly price targets for ten crypto assets, including Bitcoin, Shiba Inu, Solana, and Avalanche. The ongoing conflict between Israel and Hamas, along with other global economic and sociopolitical events, has impacted the financial market, leading to a significant decline in the prices of various financial instruments, including cryptocurrencies….

Robert Kiyosaki, the investor and author of “Rich Dad Poor Dad,” has shared his thoughts on the current market crash with his followers on X. Despite the downturn, he believes that this is a time to look for opportunities. Kiyosaki sees potential for investors and entrepreneurs to grow their wealth, even in a crashing market….

Right now, meme coins are getting more attention than utility coins, with Dogecoin and Shiba Inu still being popular. But since these two have already grown a lot, many investors think they might not have much more upside. Instead, they’re looking at other meme coins that could offer better returns. Here are four meme coins…

Recently, Cardano and its ADA token have been facing challenges with growth. To improve its performance, focusing on social hype and current trends might be crucial. Cardano has been falling behind major competitors like Solana and Ethereum, particularly in areas such as transactions and NFTs. One possible reason for Cardano’s underperformance is its failure to…

Lately, cryptocurrencies have been very unstable, with Bitcoin (BTC) going up and down, which has also affected other coins. Shiba Inu (SHIB) is no different and has been fluctuating too. But in the last 24 hours, big investors, known as whales, have been very active with SHIB. This activity has led some experts to think…

The WIF cryptocurrency has experienced a notable decline in value over the past 24 hours, mirroring the broader trend of market corrections affecting various digital assets. Recent data indicates that the market is currently oversold, which could suggest the potential for further declines. As the situation evolves, it’s important to stay informed about the latest…

With Bitcoin’s price close to $64,000, memecoins have recently lost momentum and seen significant corrections. This decline presents a good opportunity for investors to buy more altcoins at lower prices, as the crypto market approaches its next bull cycle. If you’re thinking about adding more memecoins for the upcoming bull run, check out this article…

Shiba Inu, one of the leading crypto meme coins, is celebrating its fourth birthday in the crypto world. Since its launch in 2020, SHIB has navigated through numerous challenges and sectoral issues before establishing itself in the market. Although it took time for SHIB to demonstrate its value, the token has made significant progress. As…

According to IntoTheBlock, there are currently 5.9 trillion Shiba Inu (SHIB) tokens available for sale at an average price of $0.000017 each. This sale could total about $100 million in SHIB tokens. The data also shows that buy orders have been placed for 3.4 trillion SHIB tokens, leaving 2.5 trillion tokens still on the market….

XRP’s price is soaring today, positioning the coin to conclude July as its best month of the year. Current market data reveals that XRP is trading at $0.6492, reflecting an 8.01% increase over the past 24 hours. Over the past month, XRP has surged more than 37%, outperforming many of its peers in the market….

Bonk shows potential for a rebound after rising above the 20-day EMA despite an initial drop. Increased volatility suggests significant price swings ahead. Although BONK reached a monthly high of $0.000033 on July 21, it fell to $0.000025 shortly after and faced another decline, losing 4.15% in the past 24 hours. Despite this, the coin’s…

Chainlink is currently forming a symmetrical triangle pattern, which suggests a potential breakout may be imminent. Immediate resistance is set around $16.00, while strong support is at $12.00, marking crucial levels to monitor. Current indicators show weak bullish momentum, with the RSI at 46.51 and a possible MACD bullish crossover on the horizon. Chainlink Poised…

Solana (SOL) has surged to become the fourth-largest cryptocurrency by market cap, reaching nearly $90 billion, a level not seen in almost four months. This rise comes after substantial price gains and increased network activity. Analysts are optimistic, suggesting that Solana may continue to rally due to bullish patterns and growing usage of its network….

Solana is showing an inverted head and shoulders pattern on its 4-hour chart, with the key level at $185. As the market recovers, the recent rise in SOL tokens suggests it could rally to $250. With Bitcoin nearing $70,000 and the altcoin market booming, Solana, now the fourth largest cryptocurrency, is poised for a breakout….

Polkadot (DOT) has struggled to follow the recent recovery seen in Bitcoin (BTC) and the broader altcoin market. Currently, DOT is trading at $5.70, falling short of breaking through the important $6 mark. While the overall crypto market has bounced back from recent declines, Polkadot hasn’t managed to capitalize on these gains, and investor interest…

Dogecoin (DOGE) is currently exhibiting an intriguing growth trend, though the metrics present a mixed picture. According to data from CoinMarketCap, Dogecoin has experienced a 24-hour growth rate of 3.42%, with its price standing at $0.1342. This growth represents a notable shift from the bearish trends observed over the past week, during which the coin…

Shibarium has recently experienced a surge in activity, with notable increases in both processed blocks and daily transactions. Analysts have mixed views on SHIB’s price outlook. Some believe the price might rise, while others are warning of a potential decline. Shibarium Hits Milestone Amidst Broader Crypto Surge Shiba Inu’s layer-2 blockchain solution, Shibarium, has achieved…

PEPE is facing difficulty breaking through a major resistance level. Currently, around 56.48 trillion PEPE are close to becoming profitable, which could create selling pressure and potentially push the price down. The price of PEPE is struggling to move above its key resistance of $0.00001369, and is currently trading at $0.00001205. This ongoing struggle raises…

BONK’s price has recently surged by 8% over 48 hours after bouncing off a crucial support level. This uptick in price indicates positive short-term momentum. However, caution is advised due to the rising wedge pattern that BONK has been forming. This technical pattern often precedes a breakout, but it also suggests potential volatility. At present,…

Worldcoin (WLD) recently experienced a notable double-digit price increase. Despite this rise, futures traders remain skeptical about the price movement. The recent token unlock did not significantly impact the price, indicating that market sentiment continues to be cautious. Worldcoin (WLD) Unlock Timeline Extended Amid Market Fluctuations The team behind Worldcoin (WLD), Tools for Humanity (TFH),…