Arkham price eyes a potential reversal as it clears key hurdles. ARKM likely to rally 27% if it can overcome $2.74 resistance level. A breakdown of $2.28 wil invalidate the bullish thesis for the AI-based token. Arkham (ARKM) price could benefit … [Continue reading]
Ripple price breaches 700-day trend line, signaling a gloomy picture for XRP holders
Ripple price slipped below a crucial 700-day uptrend support level on the weekly chart. Subsequent attempts at recovery have failed, leading to an ongoing consolidation. A breakdown of the current support level of $0.468 will lead to a bloodbath for … [Continue reading]
Pepe price primed for 25% rally as PEPE bulls ignore Friday’s correction
Pepe price holds up well despite the recent market correction, showcasing strength. Investors can expect PEPE to climb 25% and tag $0.0108. A breakdown of the recently created low of $0.00760 will invalidate the bullish thesis. Pepe … [Continue reading]
Dogecoin’s dilemma offers day traders opportunity to scalp DOGE
Dogecoin price is finding its footing as it tags the $0.139 to $0.144 order block. A bounce from the order block could push the dog-themed crypto to sweep the equal highs at $0.168. A breakdown of this order block could see DOGE sweep the equal … [Continue reading]
China M2 Money Supply (YoY) registered at 7.2%, below expectations (8.3%) in April
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Cardano Price Forecast: ADA sets the stage for a 20% rally
Cardano price hovers inside a range, extending from $0.433 to $0.521. A sweep of the range low seems likely before ADA starts a recovery rally to $0.521. A decisive flip of the $0.433 support floor into a resistance level will invalidate the … [Continue reading]
AEVO, APT, ARB among $1.33 billion worth of token unlocks lined up for next week
Token unlocks worth nearly $1.33 billion are lined up for next week. Aevo, Aptos, and Arbitrum will hold some of the most voluminous unlocks. Token holders should brace for volatility as unlocks are typically bearish catalysts. The timing and scale … [Continue reading]
US House Committee set to address regulatory issues over digital assets through review of FIT21 Act
The House Committee on Rules publicly announced intentions to address digital asset regulatory issues. Financial Innovation and Technology for the 21st Century Act would be reviewed to better address the state of digital assets. Billionaire … [Continue reading]
Ethereum declines briefly, underperforms Bitcoin in recent bull cycle
Ethereum has seen nearly a 5x growth in monthly active addresses since 2022, reaching 7.6 million. Insights from Glassnode show that Ethereum has underperformed Bitcoin in terms of price performance since the recent bull cycle began. Ethereum will … [Continue reading]
Fed’s Bowman: I don’t see rate cuts as warranted this year
Federal Reserve (Fed) Board of Governors member Michelle W. Bowman noted that she is skeptical about the chances of a rate cut in 2024 while speaking at the Texas Bankers Association Annual Convention in Arlington, Texas. Key highlights I don't see … [Continue reading]