In a surprising move, smart trader 0x8d73 has purchased approximately $500K worth of ENS tokens, even as both $BTC and $ENS prices are declining. According to data from icrypto.ai, this trader has acquired 18.39K ENS tokens in the past 16 hours. Shortly after the acquisition, 15.49K ENS tokens, valued at around $414K, were transferred to […]
Category: Market Analysis
Amid latest altcoins season, Sol rallied hard in the past week and continued to gain traction daily. It recorded its most weekly gains during that period and now trades well above $110. This rally is likely to end soon. Last week saw Sol through its most volatile session since the price picked up two months […]
Layer 2 tokens are not left behind in the latest altcoins rallies as Kusama’s price jumped 21% today without hassle. It just skyrocketed to a new monthly high following a massive surge in volatility. Last month, KSM traded as low as $20 after recovering from a local bottom in the preceding month. During that period, […]
Larger-cap altcoins are in green today as BNB surged consistently for the past five days. It broke slightly above a key resistance level a few hours ago but finds it difficult to advance rallies due to small rejection. As this week comes with another notable increase, BNB changed levels and pushed well above the important […]
The price of DOT broke out of a key resistance level today and tapped a 15-month high after several weeks of increase. It saw a 10% weekly gain as more potential surge is likely towards a key breakdown level. As anticipated in the past weeks, the inverse head and shoulder pattern spotted on the daily […]
Ethereum started this week bearish but has managed to recover following the latest increase in the global market cap. It saw a 4% gain today and looked prime for a fresh surge on the daily scale. Ethereum has shown signs of weakness after reaching the peak of $2,403 earlier this month. Although it is trying […]
The latest bounce in Doge’ price has sparked another hope for a buy as it recovered 1% overnight. However, the price may roll back if the bulls fail to show commitment. The break and retest pattern may trigger a fresh surge. Following the bullish crossover that saw the price break out of a long descending […]
Matic took a downturn this week after failing to sustain bullish above the $1 level in the past month. It encountered another resistance this month and seemed to have lost buzz on the lower time frame. Last month saw Matic through significant growth following a 40% surge near a psychological level. Unfortunately, the rally stopped […]
This month saw Cardano through another significant rally after taking a breath throughout last month. It recently reached a new milestone as bullish sentiment continues to hit the market. ADA saw a quick retracement overnight but appeared super bullish across all the major timeframes as the price touched $0.647 last weekend, marking its highest price […]
Bitcoin slipped by almost 10% today near the $40,000 level but recovered briefly due to a sharp rejection. However, it remains bullish on a mid-term. But most altcoins are now painting red as they drop to a week low. Earlier this month, Bitcoin broke out of its long ascending channel and extended bullish to a […]