In Brief Ripple’s price surged over 330% in 30 days, hitting a 6-year high, but RSI at 46 suggests cooling bullish momentum and potential consolidation. XRP’s CMF at -0.01 highlights weak selling pressure, with uncertainty surrounding the asset’s ability to sustain positive momentum. Price could test $2.16 support or drop to $1.63, but regaining momentum…
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In Brief Stellar surged 433% in 30 days, peaking at $0.63, but trend indicators like ADX and CMF hint at weakening momentum. XLM’s ADX at 23.6 reflects a slowing trend, while a negative CMF (-0.16) signals moderate selling pressure limiting further gains. If bullish momentum returns, XLM could target $0.70; failure to sustain may see…
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In Brief Ethereum’s 30-day MVRV ratio remains at a point far below potential market top, suggesting more upside. Previously dormant coins are also involved in transactions, reinforcing the bullish thesis around Ethereum. Analysis shows that ETH could rally toward $4,000, but could decline to $3,000 if selling pressure increases. Recently, Ethereum (ETH) showed signs of…
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In Brief CRO Surges Amid High RSI Levels: CRO’s RSI has soared to 81.77, signaling overbought conditions and heightened risk of a pullback. CMF Declines, But Stays Positive: The CMF dropped from 0.40 to 0.14, indicating reduced but still present buying momentum. Resistance at $0.185 Looms: CRO’s next major resistance level is $0.185, with key…
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In Brief Solana’s (SOL) price surged 20% in a week, showing strong upward momentum but raising sustainability concerns. Indicators like BBTrend (2.53) and ADX (47.3) suggest a strong yet market-dependent uptrend. SOL may test $210 resistance, but risks include broader market shifts or testing support at $179 or $165. Solana (SOL) price is showing some promising…
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In Brief Coinglass reveals that most Toncoin traders have opted to short the altcoin after its recent decline. On-chain data shows an increase in dormant TON tokens, indicating that a rebound is not close by. TON’s price currently trades below the 20 and 50 EMAs, suggesting that it could slide to $4.46. On November 1,…
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In Brief Raydium (RAY) gains almost 20% this week, retaining dominance as Solana’s leading decentralized exchange by volume. Bullish indicators hint at further gains, with RAY’s RSI below overbought levels and short-term EMAs trending upwards. Raydium’s 62% share of Solana DEX volume shows its impact; sustained gains could push RAY to highs unseen since 2022.…
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In Brief ETH price has risen over 7% in a week, though cautious whale activity suggests mixed sentiment. Positive EMA lines hint at a bullish trend, with possible gains if ETH uptrend holds steady. A large outflow of 361,000 ETH from exchanges on Oct. 25 signals long-term holder confidence. Ethereum (ETH) price has climbed more…
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In Brief Worldcoin dropped 19%, reducing the profitable supply from 87% to 70%, impacting investor confidence and sentiment. GIOM data shows $5.58 billion in WLD turned unprofitable after an 18% drawdown, highlighting market sensitivity to price shifts. WLD needs to reclaim $2.11 support for recovery; failing this, it risks falling to $1.74, further eroding investor…
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In Brief About $80 million ETH has left exchanges within the last 24 hours, suggesting waning selling pressure. The number of Ethereum addresses holding at least $1 Million has increased, reinforcing the bias. ETH has broken out of a symmetrical triangle, suggesting that the cryptocurrency might rise by 23%. For the first time since September…
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