XRP price is trading under pressure following a wave of liquidations across the crypto market, raising questions about whether the token can muster enough strength to revisit the $3 level. Summary XRP is trading around $2.86 after retreating from an earlier surge, still struggling to recover from its nearly 5% drop. The token faces key…
AXL price has risen in the past 24 hours on bullish developments, as Axelar was trending on Google. However, its technical setup remains weak. Will the current momentum help it reverse a multi-month downtrend? Summary AXL price rebounded from a two-week low after rallying roughly 11%. Technicals for the altcoin remain largely bearish in the…
Hyperliquid price slips 21% from its peak, but a proposal to slash HYPE’s total supply by 45% could reset valuations and spark renewed institutional demand. Summary Hyperliquid has retraced 21% from its all-time high. A new proposal seeks to cut HYPE’s total supply by 45% by burning 452 million tokens. The move aims to align…
AVAX trades near $34 after a sharp rally, with whales and institutions driving momentum despite overbought signals. Summary AVAX price is up despite crypto market downturn, with a 200% surge in trading volumes. AgriFORCE pivots to AVAX One, targeting $700M in token holdings. Whales open leveraged longs, but RSI at 70 signals overbought risks. Avalanche…
Sonic price has broken through critical support levels, dropping to $0.22 and confirming fresh yearly lows. While the trend remains bearish, extreme oversold conditions point to the potential for a short-term rebound. Summary Fresh yearly low confirmed at $0.22 Oversold conditions raise chances of a relief bounce, has not occurred yet Critical reclaim: $0.26 resistance…
Bonk price crashed for five consecutive days, reaching its lowest level in two weeks as sentiment in the crypto industry worsened. Summary Bonk price crashed amid the ongoing crypto market plunge. Whales bought 80 billion BONK tokens as the crash intensified. Exchange balances also plunged, which is a bullish sign. Bonk (BONK), the second-biggest Solana…
The XRP price experienced a major flash crash that erased most of the gains made earlier this month. Summary XRP price crashed, leading to a $74 million in liquidations. The coin may rebound as the recently launched XRP ETF gain momentum. The SEC will likely approve multiple XRP funds in October. XRP liquidations jump amid…
The Dow Jones Industrial Average shed 250 points as Wall Street began the week on a cautious note, with a similar outlook seeing cryptocurrencies crash as gold soared to a new high. Summary Dow fell more than 250 points as gold jumped to a new record high above $3,756. Gold rose amid the dip in…
Pi Network price plunged to a record low as the crypto market fell, erasing billions of dollars in value. Summary Pi Network price crashed on Monday as the crypto market dipped. The crash could be a shakeout before a rebound starts. It has formed the highly bullish hammer candlestick pattern. Pi Coin (PI) fell to…
Avantis price action has slowed after an impulsive rally, rejecting multiple times at the 0.618 Fibonacci extension around $2.60. Consolidation appears likely, but a bullish pennant may set the stage for continuation toward $3.30. Summary $2.60 Resistance: Multiple rejections at 0.618 Fibonacci extension. Pennant Setup: Consolidation forming, breakout target sits at $3.30. Open Interest Rising: Confirms demand and…
