Share: Anubis DAO rugger has transferred 3,000 ETH worth $5.5 million into Tornado Cash. As a result of the latest movement in funds, altcoins are bleeding, with some tokens facing losses in double digits. Bitcoin and Ethereum are holding … [Continue reading]
This Solana price consolidation foreshadows 70% bullish breakout
Share: Solana price has formed an inverse head-and-shoulders setup, forecastina a trend reversal. The setup forecasts a 70% upswing to $37.21 which could extend to $38.92 in a highly bullish case. Invalidation of the optimistic outlook will occur … [Continue reading]
MATIC price hints at 11% move after Polygon bulls seize control
Share: MATIC price prepares for an uptrend as it bounces off the four-hour orderblock at $1.09. Investors can expect a swift 11% move which will collect the buy-stops resting above $1.16 and $1.24 equal highs. A daily candlestick close below $1.07 … [Continue reading]
Litecoin price could jump 35% after LTC holders’ accumulation phase nears its end
Share: Litecoin price consolidates inside a bullish pennant pattern that forecasts a 35% upswing to $125. In a highly bullish case, investors can expect LTC to extend beyond $125 and tag the $131 hurdle. A daily candlestick close below $87 will … [Continue reading]
Ethereum price sets stage to tag seven-month high at $2,022
Share: Ethereum price shows a retest of FVG and a critical support level at $1,845. A bounce from the aforementioned level could trigger a 9.7% upswing to $2,022. A four-hour candlestick close below $1,772 will invalidate the bullish thesis for … [Continue reading]
CRV price set to rally nearly 20% after Curve DAO facilitates nearly $33 billion swaps in Q1
Share: Curve DAO price coils up inside a bullish pennant pattern, awaiting a trigger. Investors can expect a 17% upswing to $1.173 on a successful breakout. A four-hour candlestick close below the $0.985 support level will invalidate the bullish … [Continue reading]
Dogecoin Price: Investors concerned over DOGE overreliance on Twitter and CEO Elon Musk
Share: Dogecoin price’s dependency on Twitter and CEO has investors concerned. Elon Musk’s decision to remove Dogecoin’s logo caused its value to plummet by 22% in four days and 5% in minutes. The sudden change in market dynamics caused a stark … [Continue reading]
Cardano TVL could explode soon, here’s why
Share: Popular asset tracking platform says Cardano’s Total Value Locked is “set for exponential growth.” TapTools cites innovation, community support, and strategic partnerships as key drivers to the expected growth. Cardano’s Ouroboros consensus … [Continue reading]
Lido DAO Price Forecast: LDO could rise 30% ahead of the Shanghai Upgrade
Share: Lido DAO price is trading with a bullish bias ahead of the Shanghai Upgrade. LDO could rise 30% amid the upgrade’s ‘sell the news’ event. A decisive break below the 50-day EMA at $2.42 could invalidate the bullish thesis. Lido DAO price … [Continue reading]
EUR/USD tumbled in late trading, yet printed 0.61% gains for the week
Share: EUR/USD hovers around 1.0900 after hitting a low of 1.0876. US Nonfarm Payrolls rose below forecast but cemented the case for a 25 bps Fed rate hike. ECB’s Knot: Further rate hikes need, and no rate cuts in 2023. The EUR/USD falls during … [Continue reading]