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News

$SHELL Sees Massive Withdrawals and Token Hoarding, Sparks Speculation Around Potential Market Moves

The price and market activity of $SHELL have been attracting a lot of attention lately—especially today, in the past few hours. Within the past five hours, we have seen a new address connected to the hoarding of $SHELL tokens add an additional 2.89 million tokens worth about $880,000. This is really raising eyebrows across the crypto community. And for a good reason. This is happening at a time when the token has been showing a lot of volatility: large-scale withdrawals coupled with some pretty serious pump action. Massive Withdrawals and Hoarding of $SHELL Tokens The most recent data shows that a total of $15.04 million worth of $SHELL tokens has been taken off the Binance exchange since March 13. That's 15.04 million tokens—the equivalent of around $4.37 million—that have been moved from exchange custody to some other type of custody. […]

Will Izuchukwu March 19, 2025

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News

Whale Makes Major Move: Deposits $12.4M in OM Tokens to Binance, Netting Massive Profit

A whale has made a substantial deposit of 2 million OM tokens, worth an estimated $12.4 million, to Binance, the leading global cryptocurrency exchange. In an impressive show of savvy trading and timing, the whale has followed up this move with a series of other moves as they continue to find success with OM tokens. It seems we might need to give the whale a name soon, given that they are now clearly on a profitable path with this token. This latest event is just the newest chapter in the series of transactions we've seen that have the whale riding the waves of OM's price volatility and ultimately raking in a huge profit. What the whale has done lately makes it appear that they are employing a well-thought-out strategy, which could yield even more nuggets of insight into how they […]

Will Izuchukwu March 11, 2025

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Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (March 4) – XRP Rolls Back Gain Following a Sudden Sell-Off, Down 4% Daily

Following a new sell order, XRP posted a heavy loss today and is now trading back near a crucial support. A successful breakdown from there could trigger a massive collapse to a new multi-month low. Compared to other cryptocurrencies during last month's trading, XRP registered a little loss and continued to trade well above the $2 level, which has been a critical support for the past three months. It attempted to reverse the trend following a strong bounce back earlier this month, but the momentum was short-lived due to a sudden sell-off yesterday, and the price nosedived. From a technical standpoint, the landscape might change anytime soon due to the sell-off. The $2 level is considered a key support for a major breakdown. Losing it should confirm a head-and-shoulder formation on the daily chart. The target price range to watch for […]

Michael Fasogbon March 4, 2025

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Featured

Bitcoin Dips Below $80K: Is a Bounce Imminent or Are Further Losses Ahead?

The world’s leading cryptocurrency, Bitcoin (BTC), has dipped significantly beneath the $80,000 mark to cause worry among traders and investors. This drop has induced a decline in the percentage of Bitcoin currently in profit, which now stands at about 75%. As Bitcoin’s price approaches a crucial demand zone—it needs to hold at or above $69,000, the previous all-time high many analysts are now using as a marker—investors are asking whether it will hold, bounce back from here, or keep on sinking. https://twitter.com/intotheblock/status/1895392461692010874?t=JBR7D_7qeWenQkPBAsT6lg&s=19 Alongside the recent price movements, there's been a significant change in how people perceive the market. Price changes like this usually make people in the market stop and rethink what's going on. They're perceived as times when we might need to look around a bit more to see if there's something we're not seeing or if there's something […]

Will Izuchukwu March 4, 2025

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Featured

Crypto Market Faces One of Its Toughest Februaries, But March Brings Hope for Recovery

2025 is already a very challenging year for the cryptocurrency market, with February proving to be one of the recent most difficult months. Two of the most important cryptocurrencies in the space, Bitcoin (BTC) and Ethereum (ETH), suffered steep losses that have raised serious concerns about the possibility of further downturns occurring in March. Yet, in spite of this setback, there are signs that the cryptocurrency market as a whole is beginning to recover. February's Harsh Setback: BTC and ETH Struggle February 2025 was particularly harsh for Bitcoin, as it turned out to be its most miserable month in over ten years. The cash currency recorded a sharp decline of 17.39% for the month, marking the steepest drop in the month of February since 2013. This downturn has left traders and investors reeling. Mixed emotions have resulted in doubts being […]

Will Izuchukwu March 4, 2025

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News

Solana ($SOL) Whale Accumulation Signals Potential Bottom Amid Declining On-Chain Activity

In an event that has the seasoned traders and crypto enthusiasts catching wind, Solana (SOL) seems to have emerged as a top performer in the crypto market. Just today, large-scale investors or "whales" have been seen accumulating Solana in large amounts. Believe it or not, the once 10th ranked cryptocurrency by market cap has jumped to 7th place. According to Copernicus, a YouTube channel that doesn't shy away from reveling in the latest rumors, Solana is about to announce something big and that is why it is accumulating fast. Whale Activity Shows Confidence in Solana The recent uptick in whale activity is important because these investors tend to have a big influence on how others feel about the market. Only two hours ago, a huge crypto player pulled a mind-blowing 54,544 $SOL (around $7.46 million worth) out of Binance, one […]

Will Izuchukwu March 4, 2025

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Market Analysis

JUPITER PRICE ANALYSIS & PREDICTION (February 27) – Jup Recovers Slightly From a Year Low, Posts 5% Gains Today

Jup posted a slight gain today due to a little retracement but is likely to face a rejection soon. Failure to resume bearish could lead to a shift capable of bringing the bulls back on track. Mirroring Sol's pattern in the past weeks, Jup continued to show signs of weakness as it fell to $0.634, revisiting its July 2024 low. However, it has marked resistance there and has recovered to where it is changing hands at $0.73 at the time of writing. Meanwhile, its bearish pattern is still in play but is likely to end soon as it appears reaching an exhaustion point. As we can see, the impulsive move has shortened significantly compared to when it initiated drops last month. This indicates signs of reversal, though is yet to materialize. While the retracement move also appears weak, it may […]

Michael Fasogbon February 27, 2025

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Market Analysis

SEI PRICE ANALYSIS & PREDICTION (February 26) – Sei Signals a Shift Following a Recent Breakout, Up 16% Today

Some altcoins have seen a major recovery today, including Sei which is now showing signs of bullish on the daily scale. It faces obstacles, but a flip above $3 should set a new bullish tone in the market. Following a lower low and lower high pattern in the past months, Sei found support after testing $0.18 earlier this month and the price bounced back. This bounce led to a break above a descending trendline, which has been serving as dynamic resistance for two months. The $0.29 level suppressed buying after multiple rejections and the price dropped to retest the broken trendline as support. It bounced back and faced this level again – now considered as resistance. A successful breakthrough should signal a shift, and probably stage a new bullish phase. However, it is important to note that Sei is still […]

Michael Fasogbon February 26, 2025

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Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (February 25) – XRP Sees 10% Daily Drop Near $2, Looks Set For a Big Collapse

Breaking down from a brief consolidation phase yesterday, XRP appears weak daily as it signalled a bearish move. It looks set to lose a key level. XRP attempted to resume bullish after managing to hold above the $2.2 level, which has been serving as support for over a month. The buying was intercepted after a week and the $2.85 level halted the bullish move. Marking resistance there, the price consolidated for a week and the price broke down yesterday. The bears reiterated actions today and pulled the price to $2.1. This led to a crackdown on the mentioned support but is not yet significant. A close below the key $2 level could cause a crash. However, looking at the bigger picture, Sol appears ready for a massive drop on the daily chart but the mentioned key level is still acting […]

Michael Fasogbon February 26, 2025

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Market Analysis

RAYDIUM PRICE ANALYSIS & PREDICTION (February 24) – Ray Dumps to a Three-Month Low Following a 30% Daily Drop, What Happened?

Ray's bearish pattern has finally played out as expected following a colossal drop to a three-month low today. It appeared extremely bearish on the daily chart due to a double-digit loss. As recently spotted on the daily chart, Ray formed a head-and-shoulder (H&S) pattern as it slightly broke down a crucial support level of $4.15 during last week's trading. This support marked the neckline of this pattern but unfortunately failed to break down. The bulls defended it well and the price bounced back to $5. While the bounce was short-lived due to a rejection, the bears stepped back and mounted pressure, closing last week at loss. Starting the first day of the week on a sad note, Ray's supply increased and the price dumped heavily to the $3 level today. This drop has generated a lot of fear and panic […]

Michael Fasogbon February 24, 2025

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