UMA crypto token went vertical on Friday, reaching its highest point since March, even as other cryptocurrencies retreated. UMA (UMA) surged to a high of $1.440, gaining over 40% from its weekly low. The rally pushed its market capitalization above $112 million. The token jumped after Polymarket, a popular prediction market platform, announced a partnership…
Immutable token retreated this week as market participants reacted to the broader crypto market crash. It also dropped despite welcoming a popular game to its platform and a surge in Guild of Guardians NFT sales. Immutable (IMX) fell to $0.495 on Friday, down 36% from its May peak and 86% from its high last year….
The crypto market retreated after Thursday’s trading session, with Bitcoin falling to a low of $100,470, marking its lowest point since May 8 and 10% below its highest level this year. Below are three reasons why the crypto market was trading lower. 1. Profit taking Bitcoin (BTC) and most altcoins pulled back due to profit-taking…
Circle stock price continued its uptrend in pre-market trading, cementing its position as one of the best-performing initial public offerings of the year. CRCL jumped 170% on its first trading day and climbed another 16% in the pre-market session. This surge pushed its market capitalization above $20 billion, roughly a third of USD Coin’s (USDC)…
Quant price is on the verge of a 47% surge to its December high as the supply on exchanges falls and those held by top addresses jump. Quant (QNT) rose to a high of $116 on Wednesday, up by 95% from its lowest level in April this year. It is hovering near its highest point…
XRP price has been under pressure this year, dropping by over 37% from its highest point in November. Ripple (XRP) was trading at $2.15 on Friday, a notable price as it matches the level seen on January 1. The coin has formed a distinct bearish pattern, signaling a potential 75% crash to $0.52. On-chain metrics…
Bitcoin is facing a tough battle at a critical resistance zone following a sharp correction. With weakening volume and a bearish retest in play, lower prices could be on the horizon. In the past 24 hours, Bitcoin (BTC) has seen a notable correction that has shifted the local market structure. After breaking below key levels,…
Robinhood and Coinbase are two of the most prominent publicly traded names tied to the cryptocurrency ecosystem. While both have attracted investor interest, their current technical setups tell two very different stories. In this analysis, we examine recent price action, key support and resistance levels, and structural patterns to determine which asset offers a better…
Pi Network price has crashed from its all-time high following its mainnet launch in February. Pi coin (PI) dropped to $0.62 on Thursday, down 62% from its highest point this year and 80% from its all-time high. One of the primary drivers of the ongoing crash is token inflation, with millions of coins being unlocked…
XRP is currently holding firm at a critical technical zone, defying broader market weakness. With volume poised to return and support levels stacking up, could this mark the beginning of a bullish continuation? Despite market-wide consolidation and uncertainty, XRP (XRP) has maintained its footing at a crucial support level. A combination of high-timeframe support, trend…
