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Biggest Movers: SHIB Bounces From Key Price Floor, Climbing to 1-Week High
25.8.2022
Shiba inu was trading over 10% higher during Thursday’s session, as the token rallied to a one-week high. Following a week’s worth of consolidation, the meme coin bounced from a key support level, moving closer to a resistance point of $0.00001500. Ethereum classic was also in...
Solana (SOL) Fails to Breach Consolidation for the Third Time!
23.8.2022
Solana has lost significant value in the last thirty days, which indicates that negative sentiment has developed recently. Despite the negative trend, its position as the 9th largest cryptocurrency by market capitalization remains untouched. This observation further confirms the negative outlook...
Dogecoin Falls Short of 100 EMA; DOGE Continues Consolidation
10.8.2022
The first thing that started exciting investors with volatility and higher price action, Dogecoin, was a king of these things in 2021. With a 160x movement in the first four months of 2021, expectations were soaring high for DOGE. Alternatively, any holder would be a fool to continue expecting...
Cardano Fails to Make a Breakout; Will ADA Sustain Consolidation?
9.8.2022
Cardano blockchain remains under consolidation despite outperforming its competitors. Buyers losing strength near $0.55 creates a scenario for dumping ADA tokens and making a quick buck. Even the moving averages have failed to incite buyers into testing the resistance. Since launching the smart...
PancakeSwap Shows Consolidation; What Does Future Hold for CAKE?
2.8.2022
CAKE token is more of an exchange token also used for governance purposes. The ranking of #76 position is merely based on its in-circulation supply of CAKE tokens, which is 19% of its total supply. PancakeSwap has a total value locked (TVL) of $3,088,813,752, but the market cap is limited to just...
ETH may consolidate as Merge excitement wears off, says expert
2.8.2022
Markus Thielen of Singapore asset manager IDEG believes ETH could be headed for a consolidation phase, turning "cautious" on the cryptocurrency
Ethereum Faces Resistance at the 100 Ema: ETH Consolidation Awaits!
1.8.2022
Ethereum is not just a blockchain or cryptocurrency but an essential aspect of cryptography that showcases transformation and evolution along the way of its growth. Understanding the changing dynamics, ETH has even prepared the layout to transition towards Proof of Stake to address the energy...
Avalanche Shows Bullishness; Can AVAX Move Out of Consolidation?
29.7.2022
Avalanche is a relatively new blockchain with limited liquidity available in the markets, and this small availability makes it easier for buyers to manipulate the price trend. Of its total market capitalization of $6,726,270,126, only 39% of its 720 million tokens are available for trades. Of this...
Will MIOTA Record Positive Breakout Despite Consolidation?
28.7.2022
IOTA is a distributed ledger, relatable to Ripple, distinguishing itself from a blockchain. The in-house token for this ledger is called MIOTA. The way IOTA presents itself is not in the role of an altcoin but as an extension of the current blockchain technology. It works on the similar ethos...
Bitcoin price falls under $21K, bringing more capitulation or just consolidation?
26.7.2022
Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows
Litecoin Stucks at the Consolidation Zone; Can LTC Recover?
25.7.2022
Litecoin currently ranks at the #20 position amongst the cryptocurrency leaders, with a market capitalization of $4,007,975,537 based on its circulation volume of 70,795,593.78 LTC tokens. Still, 16% of LTC tokens remain out of the circulation market. Litecoin was pronounced a brother to Bitcoin...
Bitcoin, Ethereum Technical Analysis: ETH Surges Past $1,200 as Latest Shadow Fork Goes Live
15.7.2022
ETH was back in the green, as markets reacted to the release of Shadow Fork 9. Bitcoin was well above $20,000 on Friday, as bulls returned to the crypto market following several days of consolidation. BTC was up by over 5% in today’s session, with ETH not only back into the $1,100 region...
Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges
11.7.2022
BTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom
Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday
9.7.2022
ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. Cosmos (ATOM) After...
Solana’s Consolidation Stops Its Price Action; What’s Next for SOL?
4.7.2022
Solana currently holds a market capitalization of $11,497,704,872 with a net circulating supply of 343,433,741.57 of its embarked supply limit. It marks a huge decline in market value compared to last year and the last 30 days. The lower trading values have trapped buyers on the pretext of buying...
Cardano Faces Strong Consolidation; Will ADA Reach $0.77?
27.6.2022
Wondering about the factors that can push ADA prices to shoot through the roof? A new upgrade known as the Vasil Hard Fork shall improve the network’s scalability and performance. It will be the next advancement on the Cardano as it attempts to make the blockchain scalable and robust. The...
Dogecoin Price Shows Consolidation; Will the DOGE Price Rise?
20.6.2022
Dogecoin has retained its title of meme coin leadership, not allowing any new-age meme coins to reach the top-tier blockchains. With a combined market capitalization of $8,090,241,064, this token is moving towards a consolidative trend to ease the selling and negative sentiment that has developed...
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
16.6.2022
Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
14.6.2022
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...
Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
11.6.2022
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday...