Near Protocol (NEAR) experienced a rejection at the 50-day EMA mark and witnessed a decline this week. However, the possibility of pullback is still on the horizon and it could see a bounce soon. Starting the week on a positive note, buyers had aimed to breach the $5 mark, but due to the lack of…
The markets appear to have become more volatile as the trade is heading towards the end of the month. The Bitcoin price began the monthly trade on a bearish note, which went on to form fresh lows below $50,000. Meanwhile, the bulls jumped in and poured in massive liquidity, which assisted in a price rise…
As the broader market faces a massive correction, Ondo Finance shares a similar bearish fate, with a 15% drop this week. The reversal run undermines the triple white soldiers’ pattern formed in the daily chart, accounting for a 16% surge. As buyers prepare to overtake trend control as the supply pressure declines. Will this bullish…
The post AI-Tokens Face Huge Rejection: Here’s What’s Next for NEAR, RENDER, INJ, AKT & GRT Prices appeared first on Coinpedia Fintech News AI-space has attracted huge interest in recent times with the token leading the markets with massive gains. Unfortunately, these tokens have been failing to attract buying volume and as a result, the…
The total crypto market cap slipped 2 percent in the past 24 hours to hover around $2.18 trillion on Friday, August 30, during the mid-European session. Although Bitcoin’s (BTC) price has established a robust support range between $59k and $58k in recent times, several indicators point to a further bearish outlook in the coming weeks. …
The selling pressure is increasing this week with increasing liquidations in the broader market. Following last week’s recovery, Polygon shares the bearish trend with other top altcoins. As the supply grows, the MATIC price drops under $0.50 and warns of a $0.38 retest. MATIC Price Performance Following the bullish breakout of a falling channel pattern,…
Amid the broader market mood swings, the Solana price slides down a bearish slope as it loses grip over $150. With increasing supply pressure, the last six days are painted red, and the downside risk increases. Will Solana commence a recovery in a bearish market to achieve its target of $500? This analysis decodes the…
There are still a few who are skeptical about the growth potential of Bitcoin investment. They are of the belief that BTC no longer holds the capability to generate massive returns. A recent post by Econometrics presents a few points powerful enough to counter the negative anticipation about Bitcoin’s future. It’s high time to launch…
Amid the increased social activity for DePIN projects, the EGLD price action reveals a positive cycle in motion. As the native token of the multiversX, EGLD has shared a similar phase to all the other metaverse tokens in the crypto market. With a declining trend over the last few months, the EGLD price struggles to…
A federal lawsuit accusing Elon Musk and his company, Tesla, of manipulating the price of Dogecoin has been dismissed. U.S. District Judge Alvin Hellerstein in Manhattan ruled on August 29, 2024, that Musk’s tweets about Dogecoin were aspirational and amounted to “puffery,” rather than factual statements that could be proven false. So, is it time…
An analyst has raised a red flag for Bitcoin, pointing out a significant warning sign on the charts. Currently, Bitcoin’s price is showing a short-term bullish divergence, but there’s also a build-up of liquidity on the upside, which needs careful monitoring. Recently, Bitcoin broke below a key support area, which now acts as resistance. This…
In this bearish market sentiment, cryptocurrencies are experiencing significant selling pressure. Amid this ongoing market downturn, on August 29, 2024, Ripple traders booked over $8.25 million in profit, according to the data from the on-chain analytic firm Santiment. XRP Price Under Pressure Historically, significant profit booking often leads to a massive price drop or increased…
The Bitcoin market is currently experiencing a period of weakness, with a 9.3% decline over the last 30 days. As of now, BTC is priced at $60,385.16 — significantly lower than the peak it reached in mid-March. But how long must investors wait for a strong bullish trend to emerge? According to a recent revelation…
After experiencing a price drop of 20% in the last three days, Pepe (PEPE) the popular and third-biggest meme coin is getting significant attention from the crypto community. On August 29, 2024, a profitable PEPE trader made a big bet on PEPE once again as its price declined significantly in recent days. PEPE Whale Turns…
Cardano’s ADA hit a 10-month low of $0.279 this month, a tough drop for anyone holding since March. But here’s the silver lining: ADA has bounced back to around $0.37. Though it’s still down from four weeks ago, this recovery has sparked some renewed interest. Cardano’s upcoming Chang Hard Fork could be a game-changer. This…
The sentiment across the cryptocurrency market has been bearish for almost a month and looks to continue. In the last 24 hours, Ripple whales seem to be dumping significant amounts of XRP tokens on centralized exchanges (CEXs) including Binance, Bitso, and Bitstamp. Ripple Whales Bearish Outlook or What? On August 29, 2024, the blockchain-based transaction…
With Ethereum price reclaiming the $2,500 mark, top altcoins have displayed a significant uptrend in their respective portfolios. Moreover, Ethereum-based altcoins have recorded a similar price action by breaking out of their resistance levels. Planning on investing in these tokens but concerned about their future? That has fueled questions like “Will ETH price reclaim $3K?”…
Ethereum price is showing signs of attempting a price recovery in the past day. The recent dip has resulted in Ethereum witnessing increased liquidations as per coinglass data. The second largest cryptocurrency, Ethereum, in an interesting turn of events, halted its price declines. The altcoin showed a price recovery following its recent brief price dip….
Over the past few days, the Artificial Intelligence (AI) category has displayed a strong bullish price action. Moreover, top tokens have successfully surpassed their important resistance levels. This indicates an increase in the buying pressure for these altcoins in the crypto market. However, the ICP price has continued trading within a consolidated range between $6.625…
The diminishing demand for Bitcoin (BTC) and Ethereum (ETH), as depicted by the notable cash outflows from the respective US-based spot ETFs, has compelled crypto investors to shift focus to the small-cap altcoins, particularly meme coins for higher results. The total market cap for the top meme coins gained over 2 percent to about $42.3…
Story Highlights The live price of Sandbox is $ 0.25634235. SAND price could hit its potential high of $0.61 during 2024. Sandbox price with a potential surge could go as high as $3.58 by 2030. The crypto sphere turned over a leaf of its directory in the bygone year. The new leaf from the directory boasts…
The recent controversy surrounding Telegram CEO Pavel Durov is raising alarms within the cryptocurrency community, with some experts suggesting it could be a ‘black swan event’—an unforeseen incident with potentially catastrophic effects. Here’s a breakdown of the situation and its impact on the crypto market. Durov’s Legal Trouble Mounts Pavel Durov is facing multiple legal…
With the Bitcoin price back under the $60,000 mark, the close and long-distance cousins of Bitcoin, e.g., Litecoin and Bitcoin SV, are facing high fluctuations. The BSV price shows a bullish comeback after a massive three-day drop of 12.45%. Following the 2.89% jump yesterday, the Bitcoin SV price is back to $42.86 with an intraday…
Amid the growing volatile market, the CVX price trend teases a double-bottom reversal within a descending triangle. Furthermore, with a market cap of $211M, Convex Finance is up by 4.47% in the last 24 hours, with a potential bull cycle ahead. Will the bull cycle in this DeFi token result in a breakout run? Let’s…
The broader market remains volatile, with the BTC price back under the $60K mark. Amid this, the volatility increases for the Toncoin and Notcoin with Parel Durov’s case. As Durov gets out by paying a bail amount of $5.56 Million, the altcoins are turning positive momentarily. Will this recovery reclaim the lost levels of last…
In the last one year period, Polygon’s cryptocurrency, MATIC, has witnessed a decline of at least 21.6%. In this week alone, it has marked a fall of 17.7%. The price of MATIC touched a peak of $1.2700 in mid-March. Since then, the market has been losing its strength. It entered a sideways market in mid-April,…
The Bitcoin price has become largely volatile ever since the crypto markets and the global financial markets suffered after the Japan market crash. The Bulls are trying hard to reclaim the lost levels, while the Bears are leaving no stone unturned to keep the rally within a restricted range. Meanwhile, the BTC price is displaying…
Binance’s native token BNB is at a crucial level after experiencing a price decline of over 10% in the last four days. Despite the notable price drop, it is still in an uptrend as BNB continues to hold above the 200 Exponential Moving Average (EMA) on a daily time frame. BNB Price Prediction However, the…
In this struggling cryptocurrency market, Bitcoin Whales and sharks are the ones continuously taking advantage of the price drop. Over the last 30 days, Bitcoin (BTC) the world’s biggest cryptocurrency has experienced a significant price drop of over 14%, potentially due to Japan’s interest rate update, Mt. Gox’s massive BTC distribution, the German government’s BTC…
Bitcoin has been keeping everyone on edge lately with its dramatic price swings, resembling a rollercoaster ride. The cryptocurrency’s value has seen sharp rises, offering moments of excitement, only to dip back down to its starting point. Recently, Bitcoin briefly touched the $64,000 mark, sparking renewed interest among investors. However, it has since fallen below…
Popular analyst Rekt Capital took to his latest analysis and opened up about Bitcoin’s recent price crash. Bitcoin has once again dipped below $60k and is now retesting the $58k levels. The analyst explained this crash in context with the P Cycle top indicator. Historically, during bullish periods like 2016-2017, Bitcoin’s price respected the 111-day…
In this bearish market sentiment, where the top cryptocurrencies are experiencing selling pressure, Floki (FLOKI) is gaining significant attention from traders and investors following its breakout and price surge. On August 28, 2024, FLOKI successfully retested its bullish double-bottom price action pattern and outperformed top meme coins including Dogecoin(DOGE), Shiba Inu (SHIB), and Pepe (PEPE). …
Klaytn, an open-source Layer-1 blockchain, showed significant bullish movements and has been performing well this month. Climbing above the key moving averages, the token has climbed up as massive vertical price rally was observed on the chart. Last week, the token escaped beyond the declining trendline barrier of $0.1400 and plotted a bullish breakout. Afterward,…
The much-anticipated DOGS token, a Telegram-native meme token, has seen a turbulent start since its listing on August 26, 2024. Within hours of its debut, the token surged in popularity, driving its market cap to over $600 million in the first 10 hours of trading. However, the excitement was short-lived, as the token quickly faced…
Bitcoin saw a sharp drop on Tuesday, plunging to $61,455 from its recent high of $65,103 just days earlier. Now at $59,000, BTC has recovered. This swift downturn rattled the crypto market, leading to a wave of liquidations totaling $20.28 million in Bitcoin long positions and $40.29 million in Ether longs. The sudden decline underscores…
Amid increased volatility in the crypto market, top tokens have displayed a negative price action since the start of the week. Further, with the price of Bitcoin hovering around the $59,000 level, the Ethereum price has plunged below its important support of $2,500. With questions like “Will ETH price hit $3K?” and “How high will…
Market analysts are closely monitoring Bitcoin’s trajectory as it potentially enters its fifth and final Elliott Wave, suggesting a surge in value beyond historical peaks. This wave, often considered the ultimate phase of an uptrend in Elliott Wave theory, indicates a pivotal moment for crypto. Elliott Wave Theory and Bitcoin’s Path In recent analyses, Mikybull,…
It’s not been an easy couple of days for crypto bulls. With four days left in August, Bitcoin has dropped 2.74% this month. Historically, September hasn’t been kind to Bitcoin, with a 72.73% chance of ending the month down over the past 11 years. Bitcoin has experienced a significant drop, falling below the $59,000 mark,…
The total crypto market cap dumped 7 percent in the past 24 hours to hover around $2.17 trillion on Wednesday, August 28, during the early Asian session. Bitcoin (BTC) price has experienced significant bearish sentiment after closing the market on Tuesday below crucial support levels. The altcoin industry was heavily impacted – led by Ethereum…
In the last few days, the overall cryptocurrency market has been experiencing notable selling pressure, potentially due to the profit booking or the recent Bitcoin (BTC) move by Mt. Gox. Amid this selling pressure, Ethereum (ETH) whales have started dumping significant ETH as reported by Lookonchain. Big Moves by Ethereum Whales On August 27, 2024,…
In the ongoing selling pressure across the cryptocurrency market, top assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP (XRP) have experienced massive price declines. Amid this downturn, Ripple whales saw this as a perfect buying opportunity and added millions of tokens at lower prices. XRP Whale Buys Over 50 Million Tokens On August…
As Bitcoin (BTC) fell below the $62,000 level, the overall cryptocurrency market experienced significant selling pressure. This bearish sentiment caused a major setback for Solana (SOL) as it broke its two days of consolidation near the crucial level of $160. Solana (SOL) Price Action and Technical Analysis The breakdown from consolidation has shifted the sentiment…
As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73% of the…
Recently, the Carano price rally displayed an interesting move beyond the interim resistance, which suggested a move beyond $0.43. The volume turned in a bullish favour, which helped with the rise but the latest drop raised huge concern over the rally. Although the bears have begun to exert some pressure, the technicals and the patterns…
The memecoin category has started this week on a bearish note, indicating an increase in the selling pressure. Moreover, top meme coins have displayed a negative trend for the second consecutive day. This highlights a high possibility of a bearish action this week. Dive in as, in this article, we have uncovered the price mysteries…
Bitcoin (BTC) dropped below $63,000, marking a 1.4% decline over the past 24 hours, as traders locked in profits following a recent rally. Despite increasing spot prices, implied volatility for BTC and ETH has shifted towards put options rather than calls until October. This surprising trend suggests the market may have already priced in the…
As Bitcoin drops below $63,000, the broader market recovery takes a sharp blow at the start of the week. Amid the increased supply, WIF price action reveals a pullback, hampering the recovery run. With a sudden landslide, WIF prices struggle to sustain dominance at critical support levels. Will the downfall in this meme coin result…
Analyst Benjamin Cowen recently discussed the Ethereum (ETH) to Bitcoin (BTC) valuation, explaining its importance as a measure of the altcoin market’s health, especially as we approach 2025. He believes that Bitcoin dominance will decline by 2025, making it a good time to focus on ETH. The analyst has been tracking the ETH/BTC valuation for…
Bitcoin has broken one of the most important resistance zones, which raised the possibility of going higher, close to $70,000. Unfortunately, the price faced rejection from the supply zone, raising the possibility of more drops in the coming days. However, from a larger perspective, the BTC price appears to have been stuck within a demand…
The broader market volatility increased overnight as Bitcoin fell 2%, and the long liquidations spiked to almost $100 million last night. Amid increasing volatility, the HNT price continues to soar against the bearish tide with a 12% surge. With a bullish engulfing candle, Helium eyes a breakout run for a new 52-week high this week….