Pepe price has underperformed the market recently amid weak demand, and a risky chart pattern points to a bearish breakdown. Summary Pepe crypto price has formed the highly bearish head-and-shoulders pattern. Its volume in the spot and futures market has plunged this year. Pepe has lost its correlation with Ethereum. Pepe Coin (PEPE) was trading…
Ethena price has corrected into a high timeframe support zone backed by multiple technical confluences. Despite the pullback, the bullish trend structure remains intact, opening the door for continuation toward $0.96. Summary Strong Support: $0.67 acts as a key high timeframe support with confluence from the Bollinger Bands midpoint and 0.618 Fibonacci. Bullish Market Structure:…
Chainlink crypto price held steady on Monday, even as Bitcoin and most altcoins tumbled. Its performance came as whale activity accelerated and as the LINK Reserve strategy continued. Summary Chainlink price remained in a strong bull run this year. Whale investors continued accumulating LINK tokens. Technical analysis points to more gains this year. Chainlink (LINK)…
Avalanche network activity continues to show robust growth despite the native token hitting a snag and slipping from highs above $25 as a pullback across the crypto market engulfed most coins. Summary Avalanche price pulled back from highs above $25, retreating slighty amid broader market sell-off pressure. Nansen data however shows Avalanche’s onchain growth momentum…
Shiba Inu price has entered into a bear market after falling by 20% from its highest level this month, and is at risk of more downside after forming a risky pattern and as its funding rate slips. Summary Shiba Inu price has dropped into a bear market this year. The coin has formed a head-and-shoulders…
Strategy added another 430 Bitcoin last week at $119,666 per coin, bringing its total holdings to 629,376 BTC. With an average purchase price of $73,320, the company now sits on over $26 billion in unrealized profits as Bitcoin’s price hovers near all-time highs. Summary Strategy bought last week 430 BTC for $51.4 million, bringing its…
Dogecoin has pulled back after testing $0.28 but is holding firm at $0.22 support. With Fibonacci, VWAP, and structure aligned, a continuation higher remains the dominant scenario. Summary Dogecoin finds strong support at $0.22 with 0.618 Fibonacci and VWAP confluence. Bullish structure intact with higher highs and higher lows. Sustained bullish volume supports rotation toward…
XRP price faltered at the $3.40 resistance and now faces downside risk to $3, as BlackRock’s confirmation of “no plans at this time” for a spot XRP ETF dampens investor optimism. Summary XRP price was recently rejected at $3.40, pulling back to trendline support; downside risks toward $3 next. Multiple asset managers have filed XRP…
The crypto market is crashing today, August 18, with Bitcoin falling below $115,000 and the total valuation of all tokens plunging below $4 trillion. Summary The crypto market crash continued amid a jump in liquidations. Traders are eying the upcoming Jackson Hole Symposium. Cryptocurrencies are also falling amid profit-taking among investors. Top altcoins like Ripple…
BTCS will become the first public company to issue dividends in cryptocurrency. Summary BTSC to become the first company to issue dividends in ETH The company will also issue loyalty payments to long-term holders The company hopes to discourage short selling and boost its share price Crypto and institutional finance are increasingly converging. On Monday,…
