In Brief As Ethereum flirts with the $2,700 mark, long-term holders remain hopeful, but short-term holders appear to be losing confidence. Analysts suggest that a break above $2,700 could trigger a significant rally to $3,100, but failure to do so may result in retracement The $2,700 resistance level has become a battleground for ETH; however,…
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In Brief Although Bitcoin has shed some losses, distribution from holders signals that the coin’s troubles are far from over. Spot Bitcoin ETFs recorded persistent outflows last Friday, giving further credence to the sentiment. BTC price is closing in on the supply zone around $62,477, suggesting that it may retrace to $60,499. Bitcoin (BTC) holders…
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In Brief Fantom price could rise above its recent slump with a potential to reach $0.66 or even $0.99 if bullish trends persist. The token trades above the 23.6% Fibonacci level, suggesting a potential upswing if it holds above the bear market support floor If bears regain control, the bullish thesis may be invalidated, and…
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In Brief A key metric, which has historically been pivotal to Bitcoin’s price, suggests that sellers exhaustion has set in. Positive signs emerge with higher bid than ask on-chain, and a high concentration of liquidity at $58,037. BTC looks set to retest $58,251 but trading below the 20-day EMA indicates weakness. Over the weekend, Bitcoin…
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In Brief ZRO price noted a near 31% decline in merely 48 hours before making a sharp comeback today. The Open Interest has declined by almost 50%, dropping from $112 million to $66 million in a week. The Chaikin Money Flow relays the same sentiment as the selling pressure continues to build on ZRO. LayerZero…
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In Brief Dogecoin’s price has been observed to decline for the past few days, falling below $0.15. Whale addresses have over 900 million DOGE worth $129 million in the past week. The MVRV ratio is also in the opportunity zone, synonymous with recoveries. Dogecoin (DOGE) is looking to recover some of the losses the investors…
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In Brief SHIB may reach new highs or sink due to key technical levels. Bullish SHIB signals hint at a potential rise to $0.000072323. Bearish risk if SHIB dips below $0.000021, may trigger selling. Shiba Inu (SHIB) stands at a critical point. As traders watch closely, SHIB faces potential turning points that could propel it…
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In Brief Shiba Inu (SHIB) bounces off golden ratio support, triggering a bullish surge. Factors like market sentiment and resistance levels will determine SHIB’s uptrend. Despite recent gains, SHIB faces resistance levels and a potential short-term downturn. After reaching the golden ratio support, Shiba Inu (SHIB) experienced a bullish bounce. How far the price might…
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In Brief Aptos price is trading at $60, only 20% away from establishing a fresh all-time high above $19.92. Long liquidations in the past week have amounted to more than $9 million, which are now coming to an end. Average Directional Index suggests the active bullish trend is picking up pace. Aptos (APT) price is…
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In Brief TON Daily Trading Volume reached new all-time highs, surpassing $314 million. TON EMA lines are still drawing a bullish trend and possible price increases despite the recent surge. The percentage of profitable holders is now at 95%, the biggest value since 2021, which could imply a selling pressure ahead. TON’s daily trading volume…
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