TL;DR Solana holds above key EMAs with rising volume, suggesting strong short-term bullish momentum. $9.2B in volume clusters near $200–$206, hinting at a possible breakout scenario. Alpenglow upgrade reduces finality time, boosting network performance and attracting developer interest. Price Movement and Technical Levels Solana (SOL) was trading at $210 at the time of writing, reflecting […]
Bitcoin (BTC) has been in a corrective phase for roughly three weeks amid declining demand and rising selling pressure. Although September has historically been a weak month for the digital asset, analysts believe the market could hit its bottom for this downturn as the month progresses. A weekly report by the crypto exchange Bitfinex revealed […]
Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more than 25% of supply at up to 23% losses, the analysts noted. BTC fell to around $75,000 on April 9 in a correction that took […]
After a week of choppy price action, Ethereum (ETH) declined by another 1.4% today as it struggles to hold fort near $4,300. The derivatives market, however, is showing resilience despite recent price weakness. In its latest post, CryptoQuant noted that Binance’s ETH open interest (OI) has continued to hold above $8.4 billion, even after the […]
Solana is one of the few cryptocurrencies that is making higher highs right now, but the key resistance awaits. Solana Price Predictions to Watch This Week Key Support levels: $185 Key Resistance levels: $227 1. Strong Uptrend Defies the Market While market leaders such as Bitcoin or Ethereum are in a correction mode, Solana has […]
After several failed attempts to stay above $1, ADA is back around $0.80 – what’s next? Key Support levels: $0.77, $0.70 Key Resistance levels: $0.90, $1 1. Sellers Took ADA to the Key Support Cardano’s native token tried to hold above the support at $0.90 in late August, but sellers were too strong and the […]
According to historical patterns, Bitcoin sets its monthly high or low within the first 12 days of the month more than 80% of the time. “It’s been a good strategy to wait out the first few days of the month, as it generally sees choppy price action with a lot of shakeouts,” said full-time trader […]
TL;DR SUI is trading near $3.20 support with targets set at $3.53 and $3.90 if held. A falling wedge pattern may lead to a reversal, but breakout confirmation is still missing. Over 1.9M SUI removed from circulation as token burns and freezes continue rising fast. Price Action Near Key Support After reaching a high of […]
Ether prices could tumble a further 20% from current levels if history rhymes and the correction deepens this month. Now that Ethereum has run the prior all-time highs in August, “I think ETH will drop back to its 21-week EMA [exponential moving average],” said ICT Crypto founder Benjamin Cowen on Monday. This could send ETH […]
Digital asset investment products staged a comeback last week, reversing prior outflows with $2.48 billion in inflows. August inflows now total $4.37 billion, which lifted year-to-date numbers to $35.5 billion. Activity was strong until Friday, when flows turned negative following the Core PCE release. The data dampened hopes for a September Fed rate cut and […]