XRP has pulled back 7.14% from its recent local top, entering a corrective phase after a strong upward move. Despite this retracement, the structure remains bullish as long as key support levels hold. Summary XRP has pulled back and is now approaching key support at $2.80. The $2.80 zone aligns with the 0.618 Fibonacci, value…
Bitcoin and most altcoins are declining today, August 1, as the recent crypto crash continues. Summary Bitcoin price continued its strong downtrend on Friday. Top altcoins like SPX6900, Virtuals Protocol, and Pendle were the top laggards. The decline is mostly because of the ongoing trade jitters. Bitcoin (BTC) price dropped briefly below $115,000, continuing a…
The XLM price has pulled back and dropped 20% from its highest point in July as the recent rally paused. Summary XLM price has formed a bullish flag and a falling wedge on the daily chart. Stellar’s stablecoin assets are nearing the $200 million milestone. The total value locked in its decentralized finance apps has…
Sonic crypto price surged for the second consecutive day as the network’s transactions reached the 120 million milestone. Summary Sonic price is on edge as its transactions hit the 120 million milestone. The stablecoin supply has plunged in the past few months. Its total value locked in the DeFi industry has also crashed. Sonic (S)…
XRP price experienced a strong performance in July as investors celebrated the signing of the GENIUS Act, the approval of the ProShares ETF, and the broader crypto market’s bull run, with Bitcoin surging to a record high. Summary XRP price has formed a giant cup-and-handle pattern on the daily chart. Top XRP ETFs like XXRP…
Shiba Inu price has pulled back and moved into a technical bear market after falling by 20% from its highest level this month. Summary The Shiba Inu price has formed a cup-and-handle pattern. Data shows that whales have continued to accumulate SHIB this month. The supply of Shiba Inu tokens on exchanges has plunged. Shiba…
The Pi crypto value price has crashed for two consecutive months and is hovering near its all-time low of $0.3983. Summary Pi Network price has plunged in the last two straight months. The network will unlock millions of tokens in August. Technicals suggest that the token will jump during the month. Pi Network (PI) was…
Dogecoin price retreated and moved into a technical bear market after falling by over 23% from its highest point this month. Summary Dogecoin price has crashed into a bear market during the ongoing crypto slump. It has formed the highly bullish golden cross pattern on the daily chart. There are rising odds that the SEC…
Aave has rejected from high-timeframe resistance at $316 and is now approaching a critical support zone. While short-term weakness has emerged, the broader structure may still favor bullish continuation. Summary Aave rejected from high-timeframe resistance at $316 and lost the point of control. Major support sits at $227, backed by Fibonacci, structure, and a bullish…
Bonk’s price has pulled back from a recent swing high after rejecting at daily resistance, but a confluence of major support levels may offer a new opportunity for a bullish reversal. Summary Bonk rejected from daily resistance and is now approaching the point of control, where strong support confluence exists. The $POC region aligns with…
