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After finishing as the second top market gainer recently, momentum is building for an IMX rally. Source link

SUI was up +150% from early August lows.  Network growth has slowed slightly in the past few days.  Sui [SUI] has pushed forward with recovery, up over 150% since early August lows of $0.5. So far in September, the L1 network has hiked 60% and reclaimed $1.2, a previous resistance in Q2/Q3, and might signal…

contributor Posted: September 18, 2024 KAS surged by 6.47% over the past week. Kaspa’s trading volume has increased by 14.21%, indicating increased demand and favorability. Since hitting a new ATH of $0.20 in August, Kaspa [KAS] experienced a considerable drop. However, the last week has witnessed a significant recovery in its prices. At press time,…

Bullish indicators form, but breaking $146 is crucial for a rally toward $180 or higher. Analysts are predicting a potential consolidation phase for AAVE. Aave’s [AAVE] recent attempt to break above the critical $146 resistance level was thwarted, marking another rejection at this pivotal point.  Crypto analyst Rekt Capital highlighted the importance of closing above $146…

contributor Posted: September 18, 2024 Key resistance point at $0.11 with 31 billion DOGE to be short. Large holders decrease as price eyes lower liquidity zones. Dogecoin [DOGE], the leading memecoin, continues to draw attention from traders and investors. Despite a decline in price over the past five months, recent developments ahead of Q4 2024…

BNB could rise by 10% to reach the $600 level in the coming days. BNB Long/Short ratio currently stands at 1.031, indicating traders bullish market sentiment. On 17th September, Binance Coin [BNB] the world’s fourth-biggest cryptocurrency successfully retested its breakout level of $530 and is now poised for upside momentum. While major cryptocurrencies are struggling…

Baby Doge’s impressive recovery has positioned the meme coin above key moving averages.  The memecoin was now in a relatively high liquidity zone, signaling chances of near-term consolidation in its newly found oscillation range. Baby Doge Coin (BABYDOGE) recently staged an impressive rebound after breaking out of a descending channel on its daily chart. After…

Sui has entered a bullish trend with higher highs and lows, aiming for $1.50-$1.80. Volume and open interest surges indicate growing market confidence and potential further gains. Sui [SUI] is back in a high timeframe (HTF) uptrend, with higher lows and higher highs signaling a potential bullish trend. With a 7.47% surge in the past…

Journalist Posted: September 18, 2024 ETH saw its lowest Funding Rate of the year. ETH is trading around the $2,300 price level. Ethereum [ETH] has seen a notable decline in its derivative market, signaling a potential shift in market sentiment. However, interpreting this decline can lead to different conclusions depending on how other factors, such…

TIA is close to breaking a key price resistance. Despite the price, more traders have taken short positions. Celestia has recently experienced one of the most positive price trends in the last seven days, driving significant growth in its market capitalization. However, despite the upward price momentum, the funding rate for Celestia remains in negative…

contributor Posted: September 18, 2024 TON chain’s latest stablecoin-related achievement highlighted the network’s expanding DeFi ecosystem. A look at key metrics that underscore TON’s budding ecosystem. Toncoin [TON] has been on the crypto fast lane this year, courtesy of its support for Telegram-based projects. As a result, demand for liquidity within the network has been…

MicroStrategy plans a $700 million convertible note offering amid Bitcoin market uncertainty. MicroStrategy now holds 1.17% of the total Bitcoin supply, increasing its crypto dominance. MicroStrategy, a prominent Bitcoin [BTC] development firm listed on Nasdaq, revealed plans to offer $700 million worth of convertible senior notes due in 2028. This announcement comes at a time…

contributor Posted: September 17, 2024 USDT supply jumped by 0.37%, aligning with Bitcoin’s 2% decline from the previous day.  If confidence in a recovery fades, massive capitulation might follow. During the recent market consolidation, stablecoins have surged. Since the 9th of September, USDT and USDC market cap increased by $1.153 billion—USDT up $410M and USDC…

The number of biggest POL whales, holding the largest number of tokens, dropped sharply.  A bullish trend reversal might push POL above $0.4 again.  Polygon [POL] recently underwent a major upgrade which changed the token’s name along with several other new updates. However, the latest update couldn’t propel a price hike. In the meantime, an…

Chainlink formed a double bottom at press time. LINK whales were buying more tokens. Chainlink [LINK] stands out as a cryptocurrency to watch, boasting a market cap exceeding $6.4 billion, ranking it 14th on CoinMarketCap. Recent price movements in the LINK/USDT pair have started to show encouraging signs for traders eyeing both long-term and short-term…

contributor Posted: September 17, 2024 Solana’s native token, SOL, was on the verge of forming a ‘death cross’ on the daily chart. A decline below the $120 mark could disrupt sustained range trading since March 2024. Solana’s [SOL] near six-fold price swell over the last 12 months was primarily driven by airdrops and memecoin activity…

Posted: September 17, 2024 POL trading surged post-listing as $7.14 billion MATIC tokens converted to the new token. Polygon strengthened its role in tokenized RWAs, holding $868.88 million in Total Value Locked. Binance [BNB] has successfully completed the transition from MATIC to POL, creating a wave of interest among traders. With $7.14 billion worth of…

Shiba Inu revisits levels that led to 300% gains. More traders are pro-long compared to shorts. Shiba Inu [SHIB] remains the second most dominant memecoin, with a market cap exceeding $7.8 billion, about half of Dogecoin’s market cap. SHIB was down 3.13% over the past 24 hours as at press time. However, the current price…

BTC continues to decline as federal rates cuts speculation persists. An analysts eyes a recovery to $62000 after FED decision. Bitcoin [BTC] has experienced extreme volatility over the the past month. While it has attempted to break the September curse for the past week, the crypto has lacked enough momentum for the uptrend. The last week…

contributor Posted: September 17, 2024 Fantom dApp volumes have increased three-fold within 24 hours to over $9M.  Rising volumes fueled a bullish rally as FTM attempted to breach a critical resistance at $0.52. The cryptocurrency market edged lower today, with most altcoins trading in the red. However, Fantom [FTM] has defied the bearish sentiment with…

Bitcoin’s post-halving price struggles highlighted market volatility and challenges in surpassing $60,000. Mining profitability has dropped significantly, despite increased hashrate and equipment efficiency improvements. The anticipated impact of Bitcoin’s [BTC] fourth halving, expected to drive its price to new heights, initially seemed to materialize as BTC surged past $70,000 in March, marking an all-time high….

BTC has dipped below $60K once again, sparking renewed discussions in the crypto world.  A reversal could be possible if several key conditions are met. Bitcoin [BTC] surged above $60K over the weekend after a two-week consolidation. However, the momentum was short-lived, as BTC retraced back to $58,580 at press time. With the momentum fading,…

Journalist Posted: September 17, 2024 The CKB token saw massive gains, breaching two-month highs. Some short-term volatility and profit-taking could see the price and the OI decrease. Nervos Network [CKB] was beginning to trend upward with force. The previously dormant trading volume skyrocketed higher. Within a day, it went from $5.94 million in trading volume…

ARB holders anticipated a breakout, with a potential 182.72% price surge from current levels. Despite declining activity, ARB’s $2.47 billion TVL suggested strong DeFi performance amid price uncertainty. Arbitrum [ARB] was trading at a crucial level at press time, with analysts suggesting a potential breakout could lead to a significant price surge. The token has…

Journalist Posted: September 16, 2024 There have been more long liquidations in the new week. The overall market cap remained at around $2 trillion. The cryptocurrency market experienced significant liquidation volumes in the past week as prices fluctuated. Short traders, in particular, bore the brunt of these liquidations, as Bitcoin [BTC] showed some positive movement….

Bitcoin’s historical post-halving patterns suggest a potential parabolic rally in the coming weeks. Clearing liquidity below $50K leaves fewer barriers as BTC eyes $70K and new all-time highs. Bitcoin [BTC] was approaching a potential breakout as it nears key resistance levels. Analysts are focusing on historical price patterns following Bitcoin’s halving events, which have often…

The momentum on the daily chart was about to shift bullishly. The short-term speculators’ sentiment was bearish. Binance Coin [BNB] bulls targeted a move toward the range high of $604 after a slump to $471 in the first week of September. The buyers have shown resolve in their defense of the demand zone at the…

Ethereum declined by 5.41% in 24 hours as bearish market sentiment persisted. An analyst started eyeing a new ATH of $4723. Over the past month, Ethereum [ETH] has experienced a strong downtrend. Although the broader cryptocurrency markets have seen high fluctuations, ETH has suffered the most from the current market conditions. In fact, as of…

Metrics revealed that Bitcoin was overvalued.  A continued price drop might push BTC down to $53k again.  Bitcoin [BTC] bulls managed to push the coin’s price up last week by a promising amount. But the trend changed in the past few hours as the king coin’s daily chart turned red again. Notably, just before the…

Dogecoin’s breakout from its macro downtrend is being tested as it trades near key support levels.   On-chain metrics signal positive investor sentiment, with large transactions up 3.05%, supporting potential bullish momentum.   Dogecoin [DOGE] is back in the spotlight as it attempts to solidify its breakout from a long-standing macro downtrend.  Crypto analyst Rekt Capital on…

BTC has surged by 9.92% over the past seven days, but fell again at press time. Despite the surge, BTC remains in a bearish market especially with declining transaction volume. Over the last week, Bitcoin [BTC] has made a recovery returning to the $60k level temporarily. Since hitting local lows a week ago, Bitcoin attempted…

Ripple was one of the highest gainers in the last week. XRP remains in a strong bull trend.  Ripple [XRP] performed notablely in the past week, emerging as one of the biggest gainers among top assets. However, a closer look at key metrics suggests that XRP might face challenges in sustaining this upward trend unless…

Aptos price action shows promise for higher prices. The blockchain’s TVL, transaction counts and speed witness growth.  Aptos [APT] has been on a downward trend since April, with price movements following a descending trendline since May. The APT/USDT pair on the daily chart has touched this trendline four times, each time facing rejection. However, during…

In the last 24 hours, AAVE has appreciated by 4.25%, signaling potential market momentum.  However, analysis predicts that this recent uptick is temporary and expects a downturn. Aave’s [AAVE] market performance has been outstanding recently. It has surged by 32.08% in the past month, outstripping many other tokens. This positive trend extends over the weekly…

Pepe bulls continued to defend the 78.6% retracement level. The lack of high buying volume meant the momentum was neutral and a strong rally was not yet in sight. Pepe [PEPE] saw its on-chain metrics weaken yet posted short-term gains over the past few days. Active addresses were down and trading volume was not high…

ETH has declined by 7.95% over the last 30 days. Despite the unfavorable market conditions an analyst is eyeing 48% surge to $3,550. While the crypto market has attempted to recover with Bitcoin [BTC] surpassing $60k levels, Ethereum [ETH] has remained behind. ETH, the second largest cryptocurrency by market cap, has experienced a strong downtrend….

Nervos Network, Popcat, and Bittsensor had the biggest gains in the past week. Helium, Starknet, and SATS were the biggest losers last week. After having an interesting trend, Popcat ended up as one of the biggest crypto winners, while Helium fell into the losers category. The past week was interesting as other crypto assets responded…