Share: Dogecoin price is forming a double bottom or the W pattern on the three-day chart, signaling a 48% rally. DOGE needs to overcome the $0.0965 and $0.1277 key levels to kick-start this ascent to $0.1890. Invalidation of the bullish thesis will … [Continue reading]
XRP price reveals Ripple bulls big picture plans for holders and it includes 50% rally
Share: XRP price shows a clear domination of bears after an 18% crash between April 18 and 21. The four-hour chart shows key accumulation levels before Ripple bulls kick-start a massive 50% uptrend. A failure to hold above the $0.396 level … [Continue reading]
Ethereum price pauses its plummet, here’s what ETH holders can expect next
Share: Ethereum price has shed roughly 13% in the last five days, after forming a local top at $2,147. As ETH pauses around $1,843, investors can expect a pullback to $2,050 before its next descent. Invalidation of the bearish thesis will … [Continue reading]
Lido DAO price could nosedive 40% if this LDO setup breaks out
Share: Lido DAO price shows a head-and-shoulders setup forming on the three-day chart, A three-day candlestick close below $2.00 will trigger a 38% crash to $1.25. Invalidation of the bearish thesis will occur if LDO produces a three-day … [Continue reading]
Solana price provides the best buying opportunity before SOL explodes to $40
Share: Solana price provides an opportunity to accumulate after breaking out of a massive multi-month inverse head-and-shoulders setup. This technical formation forecasts a 70% ascent from the point of breakout. A three-day candlestick close below … [Continue reading]
Cardano price provides bulls and bears equal opportunity for next week, here’s how to capitalize on it
Share: Cardano price has slowed down, resulting in a 17% collapse in the last six days. ADA could revert to the mean at $0.420 if it manages to form a solid base over the weekend. The targets for ADA include the $0.432 to $0.440 bearish breaker to … [Continue reading]
Weekly recap: Whales drive ADA, AXS investors grow, memecoins and 420, Bitcoin dominance rate meets resistance
Share: Cardano witnessed a spike in the activity of large wallet investors on its blockchain. Axie Infinity social volume has been increasing steadily since early March. Meme coins noted massive gains amid the 420-related hype. Bitcoin's dominance … [Continue reading]
Litecoin whales move around $50 million worth of LTC before 15% crash – were they warned?
Share: Litecoin price crashed by 16.17% in the span of three days slipping to a monthly low. Litecoin whales seemed to have simultaneously bought and sold more than $50 million worth of LTC right before the crash. LTC at the moment is more … [Continue reading]
EUR/USD holds steady around 1.0980 as upbeat US PMIs ease recession fears
Share: S&P Global PMI figures ease recessionary fears, boost US economy. Traders’ moods fluctuating to risk-on/off dominated the New York session. EU’s PMI results are mixed; manufacturing activity shranks, while Services and Composite Indices … [Continue reading]
The emergence of Artificial Intelligence abates NFT hype as BAYC floor price tanks to 16-month lows
Share: Artificial Intelligence is hitting the crypto market hard, taking the spotlight from NFTs. Non-Fungible Token collections are observing a fall in their floor prices, with Cryptopunk's value falling to July 2022 lows. AI integration into … [Continue reading]