Bitcoin has dragged itself back to the $98,000 price range. Its Funding Rate has remained positive for weeks. As Bitcoin [BTC] flirts with the $100,000 mark, questions arise about the sustainability of its current rally. While enthusiasm runs high among investors, several market indicators suggest that caution may be warranted. So, AMBCrypto has analyzed three…
DOGE has regained momentum after a week of consolidation within the $0.40 range. To curb volatility and reach the $1 milestone, DOGE needs a “secret Santa” – a catalyst or powerful support. The $1 milestone is back in focus, with two top altcoins reclaiming the elusive mark after years of erratic price action. However, Dogecoin…
ADA has continued its positive trend with a 6% rise as of press time. The unrealized profit/loss volume surged for the first time since 2023. Cardano [ADA] has made headlines by breaching the significant $1 mark, a level not seen in over a year. This milestone has been supported by a combination of on-chain activity,…
contributor Posted: November 23, 2024 Bitcoin withdrawals from exchanges have totaled $6.37 billion in the 96 hours. Social media mentions of $100K Bitcoin have hit a record high as well. Bitcoin’s [BTC] rally to a six-figure valuation is a fraction away, and the rally may be fueled further by notable exchange withdrawals. According to a…
contributor Posted: November 23, 2024 Bitcoin could surge towards $139,000 if it repeats its past performance during U.S. election cycles. The MVRV ratio also hinted at further upside, as it shows that Bitcoin is not yet overvalued. Bitcoin [BTC] is repeating historical price patterns with its impressive performance since the U.S. Presidential election on the…
Cardano bulls remained resilient despite HODLer pressure, aiming for $1. If successful, FOMO is likely to sustain the rally, supported by several other factors. Cardano [ADA] has emerged as a standout performer in this bull cycle, surging by an impressive 140% over the past month to $0.862. This notable price increase has positioned it among the…
As ETH/BTC reaches its lowest point since 2021, investors, particularly from Korea and the U.S., begin to accumulate. Derivative traders are also taking positions, placing long bets on ETH. Ethereum [ETH] has remained above the $3,000 mark for the past month, with a 19.84% gain. However, over the past week, ETH has seen a 2.15%…
Whale accumulation and a breakout from a falling wedge drive renewed bullish momentum. Onchain metrics and liquidation data reinforce confidence as PEPE eyes higher resistance levels. Market excitement around Pepe [PEPE] is growing, driven by a whale’s massive $2 million purchase at $0.00001899. This move has increased optimism about the token’s prospects, even as PEPE…
contributor Posted: November 21, 2024 SUI dropped by over 5% after an outage on the network. The network halted block production for more than two hours before resuming operations. Sui [SUI], at press time, had plunged by 5% to trade at $3.49. This drop had a ripple effect on the derivatives market, with Coinglass showing…
Analysts predicted that Ethereum could outperform Bitcoin due to key indicators. Ethereum spot ETF inflows and ascending price channels indicated potential price targets up to $10,000. Ethereum [ETH] has so far been unable to keep up the pace with Bitcoin’s [BTC] consistent upward momentum. While Bitcoin has registered new all-time highs in recent weeks, Ethereum…
XRP’s RSI has been in the overbought zone for the past seven days. The price has continued to hold above $1. XRP, the native token of Ripple, rockets to new heights, with its price action reflecting strong bullish momentum. Recent whale accumulation, coupled with robust technical indicators on the daily chart, signaled sustained upward movement….
Despite corrections, Bitcoin’s price has remained firmly around the $90,000 zone Crypto’s price could hike well beyond this level soon Bitcoin’s (BTC) exchange reserves have dropped to their lowest level since November 2018, reflecting a significant shift in market dynamics. This milestone was recorded soon after the crypto’s price surged past $91,000, supported by rising…
XRP may be heading to its key resistance of $1.33, with strong bullish momentum and whale accumulation On-chain metrics revealed rising activity, with declining exchange reserves seen too With its market cap crossing $50 billion, XRP has reasserted itself as a dominant force in the cryptocurrency market. After surging by over 16% in just 24…
Memecoins have once again outperformed top altcoins, with some even posting three-digit weekly gains. Now, the battle begins to determine who will lead the ‘supercycle’. Typically, coin listings on major exchanges often act as bullish catalysts by increasing liquidity and drawing attention to a token. Recently, Pepe [PEPE] saw a 50% price surge after its…
As of press time, the memecoin index dropped to -16% in the last 24 hours. Sharpe ratio index marked DOGE as one with the highest risk for entry due to its volatility. The memecoin index saw more volatility with a notable decline, particularly after Bitcoin’s [BTC] minor drop. Bitcoin experienced slight fluctuations but generally maintained…
contributor Posted: November 14, 2024 Bitcoin’s active addresses confirmed strong FOMO as the digital asset hit new highs. Sell pressure intensified as mid-term HODLers engaged in profit-taking. Abundant Bitcoin [BTC] predictions have been made so far this year, with many analysts expressing optimism in BTC soaring well above $100,000. Its latest rally appeared to have…
Around 4.27% of Bitcoin’s supply was backing spot exchange-traded funds at press time. Analyst forecasts a market peak between November 2024 and February 2025. Bitcoin [BTC] continues to show the crypto market why it’s the king coin. After nearly a month of consolidation and sideways movement, the market leader hit a new record high after…
The Altcoin Season Index registered an uptick, but was still aligned in Bitcoin’s favor SOL’s RSI entered the overbought zone, which could trigger a price correction Bitcoin’s latest bout of appreciation turned the crypto market bullish. Several altcoins soon followed suit, with these cryptos recording major hikes on the price charts too. In fact, Solana…
Bitcoin shorts could contribute to higher prices in a short squeeze scenario At press time, bulls remained in control despite the recent highs and growing expectations of downside AMBCrypto previously looked at the possibility of long liquidations if Bitcoin retraces after attaining it most-recent all-time high. Well, despite being overbought, sell pressure remained weak across…
Ethereum’s MVRV momentum neared a bullish cross, with technical indicators signaling strong upward potential Higher derivatives activity and short liquidations lent fuel to Ethereum’s bullish momentum Ethereum [ETH], at the time of writing, was gaining traction as it seemed to be approaching a critical MVRV Momentum cross above the 180-day moving average—A historical indicator of…
If Ethereum continues to mimic the S&P 500, it could triple its value. Short interest persisted but the potential for ETH to rally remained evident. Ethereum [ETH] has mirrored the S&P 500 index’s price movement, creating speculation that ETH could potentially surge in the long-term. The resemblance between ETH and the S&P 500 indicates optimism…
The Ethereum Fund Market Premium flipped negative, showing weak institutional demand for ETH products Nate Geraci believes staking for Ethereum ETFs could happen sooner under the Trump administration Ethereum (ETH) has dropped by 10% in the last two weeks amid bearish pressure. Due to its underwhelming performance compared to Bitcoin (BTC), ETH’s dominance has plunged…
Long-term holders’ dominance rose sharply over the last few days At the time of writing, Ethereum seemed to be testing its support level Ethereum [ETH] is once again in the news, with the altcoin slowly approaching the $2.5k-level at press time, sparking hope for a bull rally. This steady hike might have instilled more bullish…
Ethereum whales added to their balances as the price extended its consolidation phase Directional uncertainty prevailed as ETH inflows outweighed its outflows Ethereum [ETH] could be on the verge of another major run-up on the charts. The cryptocurrency has been showing signs of consolidation, with recent data suggesting that whales have been adding to their…
Are stablecoin reserves holding back liquidity flows into Bitcoin? Bitcoin ETFs have grown significantly lately and might have influenced the crypto’s price too Stablecoins play a vital role during Bitcoin’s bull and bear markets. They are the medium through which liquidity flows into BTC and they also provide a buffer for holding value during bearish…
Altcoin’s metrics revealed that ETH slipped below its possible market bottom on the charts A fall under $2.4k could push ETH down to $2.3k Like most cryptos in the market, Ethereum [ETH] also fell victim to price corrections over the last 24 hours. In fact, ETH’s latest dip pushed the token towards a crucial support…
An unknown wallet transferred BTC worth hundreds of millions to Coinbase At press time, BTC seemed to be approaching a crucial support, and a re-test could change the prevailing market trend Bitcoin [BTC] investors have been a happy crowd lately after it managed to push past $72,000 on the charts over the last few days….
Dogecoin rallied by 22% amid the Musk-Trump buzz, with 86% of holders in profit and active large transactions On-chain metrics flashed generally bullish signals too Dogecoin’s (DOGE) price has recorded a strong rally over the last few days, climbing by over 22% within the past week to hit $0.1704. In fact, this level now marks…
Bitcoin printed a new ATH against the Euro on Tuesday. BTCUSDT pair was yet to hit fresh new highs above the March ATH. On 29th October, Bitcoin [BTC] hit a new all-time high (ATH) against the Euro. It surged to a high of €68k on Coinbase and €67.9k on Binance. The move cleared the previous…
Cardano faces potential declines amid weak buying pressure, while Dogecoin gains momentum. However, the $1 mark remains elusive for both. The quest for the elusive $1 mark is a classic narrative in the cryptocurrency landscape. Among the contenders, established names like Cardano [ADA] and Dogecoin [DOGE] continue to hover below this threshold. While ADA has…
Ethereum’s netflows to derivatives and increased leverage point to potential volatility and market risk. Retail interest in Ethereum remains strong despite recent price challenges, with active addresses reaching new highs. Ethereum [ETH] has faced challenges in recent weeks, struggling to reclaim its highs above $3,000. Since falling below this level, the cryptocurrency has hovered under…
The insights into the XRP Ledger made for a bullish reading. The price action chart was quick to sink these hopes. Ripple [XRP] was still in a consolidation phase. The price clung to the $0.52 support level, and whale activity did little to push prices higher. News that a whale withdrew 52 million XRP worth…
Bitcoin poised to retrace to $66K before a bounce. Global liquidity to potentially continue rising up to 2026. Bitcoin [BTC] was navigating a critical price range at press time, with market watchers anticipating its next move. The $66.8K to $67.1K zone on Bitcoin’s profile chart shows fewer positions, indicating a price gap. Historically, price tends…
Traders holding Bitcoin for 1-3 months recorded the highest level of inflows as Bitcoin approached $69,000 Profit-taking by short-term holders could delay Bitcoin’s ATH, despite strong bullish trends Bitcoin (BTC) was trading at $68,388 at press time after 9% gains within just seven days. On 18 October, Bitcoin hit a two-month high above $68,900, strengthening…
Bitcoin’s Open Interest soared while its supply on exchanges dropped sharply A price correction could push BTC down to $66k or even $62k Bitcoin [BTC] has been on steady hike over the past week. In fact, its latest bull trend allowed the king coin to cross $68k on the price charts. However, the prevailing trend…
Ethereum to potentially go back to being deflationary next year. ETH/BTC has been experiencing some fluctuations. The supply of Ethereum [ETH] has been growing steadily at around 60K ETH per month for the last six months. However, following the recent 50 basis points rate cut, this growth has slowed significantly to between 30K and 40K…
Bitcoin trading at $67K, above the Spot ETFs average price. BTC’s Open Interest was at its highest since 2020. Bitcoin [BTC] has once again surged above $67K, drawing the attention of traders and institutions to key support levels that could play a crucial role in the ongoing bull rally. One such level is the average…
Solana’s price momentum is approaching key resistance levels as whale accumulation intensifies. Rising open interest and significant liquidations suggest increased market volatility ahead for Solana. Solana [SOL] has flipped Ethereum in a stunning development, taking the top spot in 7-day DEX (Decentralized Exchange) volume with $11.8 billion compared to Ethereum’s $9.2 billion. This surge has…
Ethereum’s MACD indicator on the one-day chart showed a bullish divergence. Ethereum exchange outflows and open interest have spiked, hinting toward bullish sentiment. The crypto fear and greed index spiked to 73 after Bitcoin [BTC] broke above $67,000. Despite this bullish bias, Ethereum [ETH] is yet to post significant gains. The largest altcoin traded at…
Dogecoin holders have dropped by over 106,000 in the past week, while the price increased by 14%. Active Dogecoin addresses surged from 176,000 to over 294,000, reflecting growing network activity. The number of Dogecoin [DOGE] holders saw a significant decline in the past seven days, possibly reflecting frustration over the recent price trends. However, in…
DOGE surged by 3.05% on the charts over the last 24 hours At the time of writing, the memecoin was stuck in a consolidation range between $0.1 and $0.13 Dogecoin [DOGE], the world’s largest memecoin by market cap, has appreciated by a significant margin over the past month. In fact, at the time of writing,…
Ethereum setting for a reversal on its BTC and USD pairs Market sentiment for ETH shifted to bullish too Ethereum (ETH), second only to Bitcoin (BTC) by market cap, continues its battle for dominance against BTC. Despite challenges in recent price action, ETH’s scalability remains a key driver of its growth. At the time of…
Bitcoin was stable above $60K, but struggled to break the $70K resistance level. An analyst highlighted unrealized profits and whale activity as indicators of a potential buying opportunity. Bitcoin [BTC] continues to show resilience by holding above the $60,000 mark, although it has yet to make significant progress toward breaking the $70,000 resistance. After briefly…
Dogecoin holders accumulated 2.07 billion tokens over the past week. DOGE has declined by 8.87% on the weekly charts. Over the past week, memecoins have experienced extreme volatility. Dogecoin [DOGE], the largest memecoin by market cap, has not been spared as well. At press time, DOGE was trading at $0.1076. This marked an 8.87% decline…
A symmetrical triangle and ascending trendline hint at an upcoming bullish rebound for Ethereum. Ethereum’s leverage ratio and open interest show key trends that could influence price movements soon. Ethereum [ETH] has been mirroring the overall market dynamics closely, experiencing a notable bounce in price recently. Following Bitcoin’s [BTC] movements, Ethereum is gradually recovering from…
Steady decline of Ethereum was partly due to lowered transaction fees Other leading L2s saw rising transaction counts while ETH lost out slightly Ethereum [ETH] has performed poorly since April, especially compared to Bitcoin [BTC]. As the leader of the altcoin market, some participants expect ETH to lead the altcoins’ bullish charge. As things stand,…
Bitcoin miners exiting the cycle may signal a market bottom, paving the way for fresh interest And yet, specific conditions must align for a confirmed bull rally A week of bearish downturn saw Bitcoin [BTC] fall below $61k from its previous $65k resistance. However, at press time, optimism seemed to be brewing in the market,…
Bitcoin’s market balance somewhat unsettled due to excess long/short positions Geopolitical tensions are affecting Bitcoin’s price The larger cryptocurrency market is experiencing a decline, with Bitcoin (BTC) leading this downward trend. While it hit a higher high of $66k towards the end of September, it was valued at just over $60k, at press time. According…
A sharp increase in high-volume transactions, alongside a rise in exchange netflow, indicated a growing lack of confidence Traders holding long positions have suffered significant losses, erasing their profits Dogecoin (DOGE) has been struggling to maintain its bullish momentum in the market, with the memecoin rapidly losing its gains for the month. In fact, the…
What’s next for XRP as the market flashes signs of short-term uncertainty? XRP crowd and market sentiment remains bullish amid expectations of a long-term triangle pattern breakout. Most of the top cryptocurrencies, including XRP, have concluded September with overall bullish gains. But can XRP build on September’s bullish momentum in October? Let’s explore how the…