AVAX price is stuck in a deep bear market after crashing by 66% from its highest point in September, despite having some of the best fundamentals in the layer-1 industry. Summary AVAX price continued its strong downward trend. Spark’s total value locked on Avalanche has jumped to $210 million. The number of addresses in the…
TRX price rose for the fourth consecutive day as investors bought the dip, key Tron metrics improved, and a bullish chart pattern formed. Summary Tron price has formed a falling wedge pattern on the daily chart. The number of Tron transactions has jumped by 12% in the last 30 days. Tron’s market share in the…
Solana price is compressed within a tightening apex near $122 support, with lower highs persisting, signaling a looming breakout with downside risk toward the $100 level. Summary SOL repeatedly tests the $122 support level, weakening it. Lower highs confirm bearish market structure. A breakdown could trigger a move toward $100. Solana (SOL) price is approaching…
Cardano price dropped to a crucial support level, continuing a downward trend that started in August when it was trading at $1.01. Summary Cardano price dropped to a crucial support level. The NIGHT token demand continues to grow, with its 4-hour volume reaching $1.7 billion. Cardano is working on the Pentad proposal that will address…
Pi coin price is showing signs of an impending crash as it hovers near a potential breakdown zone. Summary Pi coin price is down over 26% since its November high. The lack of buyer interest and a looming token unlock are keeping price action capped. A bearish double-top pattern has formed on the 4-hour chart….
Chainlink price is capped inside a narrowing bearish structure despite signs of accumulation from large holders. Summary LINK trades near $12.8 after double-digit weekly losses and falling volume Whale wallets added over $263M in LINK since November while exchange balances hit yearly lows Technical structure stays bearish unless price reclaims key resistance levels As of…
The BNMR stock price retreated for the third consecutive day and could be at risk of further downside, as Ethereum has formed a risky bearish flag pattern on the daily chart. Summary The BMNT stock price could be at risk of a strong bearish breakout. It has formed a symmetrical triangle pattern on the daily…
The XRP price stabilized at a crucial support on Dec. 16 as traders reacted to the latest US jobs numbers and waited for the upcoming Bank of Japan interest rate decision and US inflation report. Summary XRP price stabilized after falling to its lowest level since Nov. 22. The coin has formed an inverted head-and-shoulders…
Shiba Inu price is forming a double bottom at key high-time-frame support, with value area confluence suggesting downside exhaustion and the potential for a bullish rotation if support holds. Summary SHIB forms a double bottom at key high-time-frame support. Support aligns with daily structure and the Value Area Low. Reclaiming the Point of Control could…
Cardano breaks below its ascending channel, turning former support into resistance as ADA hovers near fragile lower support and faces risk of deeper downside. Summary Cardano broke below its ascending channel, flipping the former trend structure into overhead resistance. Volume expanded on the sell-off while lower highs and weak bounces signal sellers still control momentum….
