As an experienced analyst, I see Polkadot (DOT) exhibiting bearish signs below the $8 resistance against the US Dollar. The price could extend its decline if it fails to stay above the crucial support level of $6.00. Polkadot (DOT) is showing bearish signs below the $8 resistance against the US Dollar. The price could extend … Read more
As a researcher with experience in analyzing cryptocurrency markets, I’ve closely monitored Ethereum’s price action and observe that it has started another decline, dipping below the $3,000 mark. Based on current trends, Ethereum must maintain support at the $2,800 and $2,850 levels to avoid further drops. Ethereum‘s price has taken a downturn once again, dipping … Read more
As a seasoned crypto investor with years of experience in the market, I’ve seen my fair share of price fluctuations in Bitcoin. The recent decline below $60,000 is concerning, but not entirely unexpected. The technical indicators suggest that the trend may continue bearishly if we see a daily close below the $60,000 support zone. The … Read more
As an experienced analyst, I have closely followed the cryptocurrency market, including Solana (SOL), for several years now. The recent market downturn has affected SOL significantly, with a 8% drop over the past 24 hours and a current trading price of $124. However, despite this setback, I remain bullish on SOL’s long-term potential. Fifth-largest cryptocurrency, … Read more
As a seasoned crypto investor with several years of experience under my belt, I am excited about the developments shaping up in May 2023. The substantial releases from projects like AEVO and PYTH, along with others, are set to inject over $3 billion into the sector, potentially catalyzing shifts in market dynamics. As a researcher … Read more
As a seasoned crypto investor with several years of experience in the market, I find Benjamin Cowen’s analysis on Ethereum (ETH) to Bitcoin (BTC) ratio intriguing. His comparison of the current market dynamics to those seen in 2019 is noteworthy, and his prediction of a potential ETH/BTC bottom when the Federal Reserve makes a significant … Read more
As a researcher, I’ve seen my fair share of market cycles and the hype surrounding new projects can be both exhilarating and dangerous. The Solana memecoin frenzy is no exception, and it’s important to approach these investments with caution. Many investors have struck it rich or missed out during the meme coin buzz surrounding Solana, … Read more
As a researcher with a background in finance and experience following the crypto industry, I find this development to be a pivotal moment for Binance and its founder, Changpeng Zhao (CZ). The news of his imprisonment for money laundering activities and Binance’s subsequent hefty fines from US authorities is a clear indication that regulatory pressure … Read more
As an experienced analyst, I have closely monitored the cryptocurrency market for several years. In my opinion, the recent drop in Bitcoin prices does not necessarily indicate a bearish trend. Instead, I believe that the falling USDT dominance might signal an upcoming comeback for Bitcoin. Despite the recent downturn in Bitcoin‘s price, according to one … Read more
As a seasoned crypto investor with a keen interest in Bitcoin’s price movements, I find Martinez’s analysis insightful and intriguing. The $59,800 level is a crucial price point for me as well, given that it represents the short-term holder’s realized price. Historically, Bitcoin has shown a tendency to bounce off this level during an uptrend. … Read more