The Cardano price continued its strong downward trend, reaching its lowest level since October 2023, making it one of the crypto industry’s top laggards. Summary Cardano price dropped to a crucial support level this week. The developers are working on Pentad, which aims to grow the ecosystem. The coin has become highly oversold, with the…
Chainlink price continued its downward trend on Tuesday, February 10, continuing a downward trajectory that started in August when it peaked at $27.8. Summary Chainlink price has dropped in the last four consecutive weeks. The Bank of England selected it as a member of its Synchronization Labs. Technical analysis suggests that the LINK price will…
The Dow Jones Index continued its strong bull run, reaching a new all-time high on Tuesday, as investors waited for the upcoming corporate earnings and key macro data. Summary The Dow Jones Index continued its strong bull run ahead of the upcoming earnings. It has jumped by 37% from its lowest level in April last…
Solana price remains under corrective pressure as fading bullish volume and unresolved liquidity below price open the door for a move toward the $57 Fibonacci extension. Summary $170 support flipped to resistance, confirming bearish market structure Low-volume bounces signal weak demand, increasing downside risk $57 Fibonacci extension is critical, acting as a potential capitulation and…
Ethereum price fell 13% over the past week, charting a bearish crossover that hints at more downside ahead. At the same time, exchange reserves have fallen to 10-year lows. Summary Ethereum price has fallen nearly 46% from its yearly high. Bearish chart structures, including a descending channel and a multi-year head and shoulders pattern, continue…
XRP price is further depressing into a loss-driven phase as selling picks up speed in both the spot and derivatives markets. Summary XRP has entered a stop-loss phase as on-chain profitability turns negative. Recent selling pressure is driven mainly by smaller holders, not whales. Technical structure continues to favor downside despite rising trading activity. XRP…
The crypto market remained on edge on Monday, Feb. 9, as the recent recovery faltered, and after China continued to decouple from the U.S. Summary The crypto market remained under pressure on Monday as US government bond yields rose. China asked banks and other financial services in the country to reduce their exposure to U.S….
Bitcoin’s price has bounced from key support near $60,000, but declining volume and rising overhead resistance are raising concerns that the move may be a bull trap rather than a sustainable recovery. Summary $60,000 support sparked the bounce, but demand remains weak Low volume and VWAP/Fibonacci rejection, signal fragile upside Acceptance below the point of…
HOOD stock price rose by over 2% on Monday, continuing a recovery that started on Friday when it surged by over 13% as American equities and the crypto market bounced back. Summary Robinhood share price remains in a technical bear market after crashing by 46% from its all-time high. The company will publish its financial…
Large Bitcoin holders funneled 66.94k BTC into accumulator wallets during the latest dip, signaling quiet demand even as spot prices hover near recent highs. Summary CryptoQuant data shows 66.94k Bitcoin flowed into whale accumulator addresses on Feb. 6, the largest single‑day inflow of this cycle. Some analysts warn ETF and desk rebalancing can muddy accumulator…
