Optimism may surge 340% as it nears a breakout from a bullish ascending triangle. On-chain data revealed growing adoption and reduced exchange inflows, fueling bullish momentum. Optimism [OP] has been trading within a sideways range for the past five months, consistently struggling to break above the $2 resistance. Despite the consolidation phase, crypto analyst Ali…
Popcat has declined by 8.55% over the past week. Analyst eyes another drop before the memecoin attempts an uptrend citing wave 4 of Elliot wave. While the crypto market has experienced a strong price recovery with Bitcoin [BTC] hitting a new ATH, some altcoins still lag behind. The list includes Popcat [POPCAT], which has seen…
UNI struggles to break out of a downtrend despite Uniswap’s $2 trillion volume milestone. Technical indicators suggest a potential bounce, with rising open interest signaling market interest. Uniswap [UNI] recently crossed a staggering $2 trillion in cumulative trading volume on Ethereum’s Layer 1 blockchain, underscoring its significance in the decentralized finance ecosystem. However, UNI, the…
Cardi B launches WAP, connecting mainstream culture with cryptocurrency and engaging her massive following. Despite misinformation and FUD, a strong community supports the WAP project and its mission. Grammy-winning rapper Cardi B is amplifying her impact beyond the music scene with the launch of her own memecoin, WAP, drawing inspiration from her iconic 2020 collaboration with…
TIA is attempting to break out of its consolidation range, with technicals showing bullish potential. Whale accumulation and rising open interest suggest growing market confidence, but caution is needed. Celestia [TIA] is gaining significant traction as it continues its efforts to break free from a prolonged consolidation phase that has kept its price movement restrained…
Aptos shows strong growth in TVL, staking, and user adoption, signaling bullish potential. Source link
SHIB saw a 360% surge in whale transactions, indicating growing interest from large traders. Reduced exchange reserves and positive funding rates suggest SHIB may continue to rise. Shiba Inu [SHIB] has experienced a massive 360% surge in large transactions over the past week, attracting attention from investors. This whale activity has positioned SHIB among the…
Bitcoin sentiment spikes with ETF inflows, but analysts warn of a bearish head and shoulders pattern. Market corrections follow Bitcoin’s bullish sentiment, with the MVRV ratio showing balanced market conditions. Bitcoin [BTC] has experienced a market correction following a period of increased bullish sentiment. According to market intelligence platform Santiment, the crowd’s optimism toward Bitcoin…
Dogecoin was testing key resistance at $0.12 after breaking a 6-month downtrend. On-chain data showed rising network activity and accumulation as traders eye a breakout past $0.12. Dogecoin [DOGE] has finally broken free from a 6-month downtrend, sparking optimism among traders. DOGE traded at $0.1025 at press time, showing a 5.37% increase over the past…