XRP's price rally is facing resistance as bears limit its climb toward the $3.5 mark. Despite bullish speculation fueled by Ripple's potential ties to the Trump administration, the token’s movement has been muted, highlighting the limited influence of external factors. Adding to the challenge is the rise of "Celebrity Coins" like TRUMP and MELANIA, which have...
Solana (SOL) has slipped 14% from its January 19 all-time high of $295.83, now trading at $254.32. However, the altcoin's bullish momentum remains intact, with key indicators pointing to a potential rebound. The tide appears to be turning as SOL’s spot markets see renewed investor interest. After experiencing net outflows of $137 million—the highest in 30...
Bitcoin (BTC) has seen a 2.42% decline from its all-time high of $109,114.8, set on January 20, to $101,308.55. While the pullback may seem concerning, analysts suggest this could be a healthy retracement, setting the stage for the next rally. Market data from Glassnode shows Bitcoin’s Long-Term Holder Net Unrealized Profit/Loss (LTH-NUPL) has surpassed 0.75,...
Raydium’s native token, RAY, is stealing the spotlight as it climbs to its highest price since 2021, bucking the broader market downturn. Over the past 24 hours, RAY has emerged as the top gainer, fueled by increased trading activity and strong demand. A closer look at the RAY/USD one-day chart highlights bullish momentum. The Chaikin Money Flow (CMF) indicator,...
XRP has slipped 9% from its recent all-time high of $3.41, now trading at $3.09. This decline is largely attributed to intensified profit-taking, as on-chain metrics reveal heightened selling activity among investors. The Network Realized Profit/Loss (NPL) indicator, a key metric that measures the difference between the price at which assets were last moved and...
The cryptocurrency market faced a sharp pullback following Donald Trump's oath-taking ceremony, with Bitcoin retesting its low of $102,000. Trump’s failure to address cryptocurrencies in his inauguration speech triggered a ripple effect, sparking widespread FOMO and panic selling in the market. Leading the crash were Solana-based Trump and Melania meme coins,...
A strategic whale investment of $2.47M in Pudgy Penguins (PENGU) has sparked fresh interest in this meme token, driving its price up by 15.35% at press time to $0.04062. Over eight days, the whale accumulated 79.9M tokens, achieving an unrealized profit of $835K. Meanwhile, PENGU has shown remarkable strength, breaking through the critical $0.0385 resistance...
The SOL price faced a decent pullback that ousted the token from the top 5 cryptos as per the market capitalisation. However, the token is expected to revive a strong bullish action as it has entered the bullish range after triggering a rebound from the pivotal support. Therefore, this suggests the price is gearing up for another ascending price action towards new...
Dogecoin experienced a minor upswing, but before entering the bullish zone, it faced a significant bearish action. Regardless of the bearish interference, the DOGE price remains primed for a huge upswing as a new ATH at $5 is pre-programmed. Dogecoin gained mainstream attention during the 2021 bull run. Moreover, the bull run started with the DOGE price rally...
Solana (SOL) has been the most oversold top altcoin, but its over 30% pullback could be a great buying opportunity per some pundits. Since its November peak, SOL has declined from $264 to a low of $175. But the pullback has hit a key confluence area which, if held, could validate Marty’s thesis. Throughout 2024, SOL’s dumps reversed at the 100-day EMA...
A broader cryptocurrency market is struggling, including major assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Meanwhile, AAVE is leading the market with a 15% upward momentum. This bullish momentum is driven by heightened trader interest worldwide, as reported by the on-chain analytics firm Coinglass. According to the data, AAVE’s futures open...
Dogecoin (DOGE) price has dropped over 30% from its yearly high of $0.48 earlier this month. This decline is linked to multiple bearish signals, increasing the likelihood of further price decreases. As the year draws to a close and bearish pressure mounts, technical indicators point to a further decline in DOGE’s price, possibly slipping below $0.20. Here is...
Sui Network (SUI) has a strongly bullish long-term outlook. It has performed remarkably well since September, rallying nearly 500% in under four months. Bitcoin’s (BTC) 4.8% price dip in the past 24 hours pulled Sui prices down by 8.6%. The slight dip in buying volume in recent days gave a clue that Sui bulls could be biding their time before they’re ready to...
Dogwifhat (WIF) price reached its highest levels since March 2024 earlier this month, reflecting an astonishing 1386% gain for the year. However, WIF has faced a correction, declining roughly 11% in the last 24 hours as bearish signals intensify. Momentum indicators like the Ichimoku Cloud and ADX show strong bearish trends, with sellers firmly in control of the...
PEPE’s price has dropped nearly 8% in the past 24 hours, days after reaching its all-time high on December 9. Momentum indicators, including the RSI at 33.3, show that PEPE is nearing oversold territory but has not yet hit the critical threshold of 30, leaving room for further correction. Additionally, the 7D MVRV Ratio at -9.3% points to significant short-term...
After marking itself as one of the top chains, Solana has gained huge attention, which has now become the home for developers too. This has made the investors more confident and optimistic about the SOL price. As per some data, Solana’s long-term asset retention rates have increased notably. With this, the market participants now expect a significant rise in the...
Shiba Inu’s large transaction volumes surged 41.39% recently, reflecting a total of 2.79 trillion SHIB, valued at $76.48 million. This spike comes after a noticeable decline since 10th December, when volumes dropped from 18.85 trillion SHIB to just 1.9 trillion SHIB by 13th December. After a period of decline, the recent increase in whale transactions points to...
ENA, the native token of Ethena — an Ethereum-based synthetic dollar protocol — has experienced a 13% surge over the past 24 hours. This rally comes as the market awaits the launch of Ethena’s new stablecoin product USDtb, on December 16. As ENA witnesses a rally in demand, the altcoin is poised to reclaim its all-time high of $1.52, which was last recorded in...