The price of Bitcoin dipped significantly due to escalating tensions between Israel and Iran. It dropped to around $60,500 and is now making an effort to rebound. Bitcoin is attempting a recovery wave from the $60,500 support zone. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a key … Read more
Ethereum, like many other cryptocurrencies, is going through a price drop due to broader industry trends. This decline has been worsened by geopolitical tensions in the Middle East, causing market instability. Despite this, most cryptocurrencies are losing value, including Ethereum. However, large investors, or “whales,” are taking advantage of the situation by buying more assets, … Read more
Over the last 24 hours, Dogwifhat (WIF) experienced a significant drop in price, falling approximately 20%. This decline follows a longer-term trend initiated in late March, resulting in a substantial loss of around 40%. Analysts Raise Concerns: ‘It Needs To See A Vet’ The significant decrease in price has led some analysts to express worry, … Read more
In simple terms, the cryptocurrency market is currently experiencing a downtrend, with coins such as Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others following this trend. At present, AVAX’s price is on a significant downward slide beneath its 100-day Moving Average (MA) and may continue to decrease before potentially bouncing back. Technical Indicators Suggest A … Read more
A cryptocurrency expert, who correctly predicted the market’s lowest point in 2018, is currently scrutinizing Solana. He believes that Solana’s price will hit a low point soon and then aims to determine its next significant level once it recovers. Solana To Rise Above $200 After Hitting This Bottom On his Wednesday post on the ex-Twitter … Read more
The Bitcoin community is buzzing with anticipation as we get closer to the final days before the highly anticipated 2024 bitcoin halving takes place. This significant event has everyone talking and guessing about what might happen next in the world of cryptocurrency. Based on information from Santiment, social media is filled with lively debates about … Read more
Over the last several weeks, the surging price of Bitcoin has lost steam, raising doubts about the continuation of its bullish trend. On April 12, there was a sudden market downturn that led Bitcoin’s value to plummet from around $70,000 to below $67,000. The current drop in Bitcoin’s price serves as a reminder of its … Read more
On April 12, the crypto market experienced an unexpected slump. The prices of Bitcoin and major altcoins suddenly dropped, leading to significant sell-offs or liquidations. The cause of this sudden price decrease is unclear, with several potential explanations being suggested. One possibility is that the decline was triggered by a recent correction in the US … Read more
Mikybull, a market analyst, believes that XRP, the token associated with Ripple, could experience a significant price increase of up to five times its current value in the near future. Despite facing challenges in holding above the $0.60 mark recently, XRP has piqued Mikybull’s interest. Mikybull is confident based on two significant technical signals: the … Read more
In the face of a price adjustment affecting most of the top 100 cryptocurrencies, Nervos Network and its token CKB have bucked the trend, experiencing notable growth and moving up to the 79th position in the market. The rise of Nervos Network has left some pondering what might be driving its impressive surge. Nervos Network … Read more