The WIF price continued its downward trend, reaching its lowest level since July 2, as most Solana meme coins retreated. Summary WIF price has formed a double-top pattern on the daily chart. There is a risk it could crash to the year-to-date low. Whales are still accumulating while exchange balances have plunged recently. Dogwifhat (WIF)…
Summary Canary Capital filed for three new crypto related ETFs with the US SEC, including an American-made crypto ETF, on August 25. The filing document states that the new investment ETF is speculative and high-risk. The firm’s two other filings include the Trump coin and the Staked Injective ETF. The market capitalization of made in…
Bitcoin price continued its recent crash today, Aug. 26, reaching its lowest level since July 10. Summary Sergey Nazarov believes that Bitcoin price has a strong path to $1 million over time. He sees the ongoing adoption by pension funds, hedge funds, and family offices as the next major catalyst Other top analysts believe that…
Ethereum price is consolidating just below its all-time high, holding critical support at $3,900. If this zone holds, price action could accelerate toward the Fibonacci extension target at $5,790. Summary Key Support: $3,900 acts as critical support after Ethereum’s breakout above its all-time high. Bullish Structure: Higher highs and higher lows reinforce continuation potential. Upside…
XRP price crashed below the support at $3, coinciding with the ongoing crypto market crash. Summary XRP price has crashed and moved into a bear market this month. CME futures open interest has soared to a record high. XRP has numerous catalysts, including the growth of RLUSD stablecoin. Ripple (XRP) token was trading at $2.9380,…
ADA price continues to rest on strong high-timeframe support at $0.84. This region holds multiple layers of technical confluence that reinforce the bullish market structure. Summary ADA is holding strong support at $0.84, backed by the 0.618 Fibonacci, 55 EMA, and higher-low structure. Bullish structure remains intact with consecutive higher highs and lows. Sustained volume…
Dogecoin price fell by 2.5% on Tuesday, Aug. 26, erasing most of the gains made late last week after Jerome Powell’s dovish statement. Summary Dogecoin price crashed by ~7% on Monday as the crypto market retreated. The decline happened as investors waited for more macro data from the United States. The weekly chart suggests that…
Shiba Inu price was on edge as the sentiment among crypto investors waned and whales stayed on the sidelines. It also wavered as Shibarium’s addresses neared the 270 million milestone. Summary Shiba Inu price has formed a triangle pattern on the weekly chart. Shibarium addresses are nearing their 270 million milestone. However, the total value…
Ethereum treasury firm SharpLink continues to accelerate its ETH purchases, accumulating a $3B treasury. Summary SharpLink’s Ethereum reserves rose to almost 800,000, valued at $3.6 billion Over the last week, the company raised an additional $360.9 million for ETH purchases The company still has $200 million in cash reserves for buying ETH SharpLink continues to…
New Ethereum treasury firm ETHZilla hopes to boost its share price with a major stock buyback. Summary ETHZilla announced a $250M stock buyback to boost its share price Firm holds 102,237 ETH, worth about $489 million The company has $215 million in cash holdings More firms are publicly embracing the crypto treasury strategy. On Monday,…
