Sushi price has bounced from the $0.73 daily support, where the point of control (POC) and 0.618 Fibonacci retracement converge. This bullish reaction increases the probability of a continuation toward $0.93. Summary $0.73 Support Zone: Confluence of the point of control and 0.618 Fibonacci retracement. Double Bottom Potential: Two retests of support suggest a reversal…
Cardano price appears to have completed its pullback, bouncing off key support as whales bought the dip and setting up for the next leg higher. Summary Cardano price appears to have formed its third consecutive higher low, reinforcing the ongoing uptrend structure. Whales scooped up 100 million ADA during the recent pullback, signaling confidence in…
XRP has retraced into the $2.80 support zone, a level reinforced by the 50-day moving average and value area high. Strong bullish volume suggests the current retest could pave the way for another push toward record highs. Summary $2.80 support aligns with 50-day MA and value area high. Current bounce indicates a bullish retest of…
Dogecoin price continued to tumble in line with the broader crypto market. Summary Dogecoin price may not surge to $1 as some market participants predict. It has formed the highly bearish rising wedge chart pattern on the daily chart. It has been forming a big head-and-shoulders pattern since 2023 Dogecoin (DOGE), the biggest meme coin,…
One of the top reasons why stocks and the crypto market have plunged this week is the anticipation of the upcoming speech by Jerome Powell at the Jackson Hole Symposium in Wyoming. Summary Jerome Powell will deliver his Jackson Hole Symposium speech on Friday. The speech comes as recent data shows that the US is…
Chainlink price has confirmed a bullish weekly structure after reclaiming the 50-day moving average and closing above the value area high. Strong demand signals suggest price may consolidate before a push toward $33.75. Summary Trend: Reclaim of 50-day MA and weekly close above VAH confirm bullish structure (higher highs/higher lows). Support: Retest of $19.28 (VAH…
VVV price rose for six consecutive days, reaching its highest level since May 12, as whales and smart money buy ahead of the tokenized DIEM launch. Summary Venice Token price jumped to its highest point since May. Whale and smart money accumulation accelerated this week. The developers are launching the tokenized DIEM on Aug. 20….
Pi Network price has been locked in a prolonged downtrend, but price action is now pressing into a major high-timeframe support at $0.35. A potential double-bottom structure and early signs of accumulation could pave the way for a rebound toward $0.70. Summary Price consolidates at $0.35–$0.33 support with potential double-bottom formation. Point of Control and…
API3, the native token of decentralized oracle solution Api3 surged as high as 102% in the past 7 days, largely fueled by its listing on one of the largest crypto exchanges in Korea. Summary API3 has soared over 100% after securing an Upbit listing. The token may target $2.45 next as it has broken out…
HBAR price remained on edge on Tuesday, August 19, as the crypto market crash continued. Still, its bullish chart pattern and enthusiasm about its role in the real-world asset industry point to a rebound. Summary Hedera Hashgraph token has formed a bullish flag chart pattern on the daily chart. The network is betting on the…
