XRP price moved sideways on Monday, Oct. 8, as the crypto market staged a cautious comeback. Summary XRP price has formed a falling wedge pattern on the daily chart. It has formed an inverse head and shoulders pattern on the eight-hour chart. Demand for XRP ETFs has continued rising since their approval. Ripple (XRP) token…
The crypto market is going up today, Dec. 8, with Bitcoin and most altcoins being in the green. Summary The crypto market is going up ahead of the Federal Reserve rate decisions. Polymarket odds of a Federal Reserve interest rate cut rose to 95%. These coins jumped as futures open interest resumed the uptrend. Bitcoin…
Pi Network price continued its downtrend today, Dec. 8, as a lawsuit filed against the developers in October emerged. Summary Pi Network price has pulled back by double digits in the past few days. A lawsuit against the parent company and its founders was filed in the U.S. The coin’s biggest whale has continued accumulating…
Polygon’s stablecoin role could revive its struggling token, but competition and weak volumes keep outlook uncertain. Summary Polygon positions itself as core settlement layer for bank, fintech, and commerce stablecoins. Execs see 100,000+ stablecoins by 2030, with banks using deposit tokens on-chain. MATIC holds key support with oversold momentum, but volumes thin and L2 rivals…
Pepe Coin price remains under pressure below a key support level as it formed a bearish pattern despite the ongoing whale accumulation. Summary Pepe Coin price has formed an alarming head-and-shoulders pattern on the weekly chart. Still, whales have continued buying the token in the past few weeks. The supply of Pepe tokens on exchanges…
Chainlink price stabilized around the $14 support level as the crypto market rally faded. It has formed a highly bullish chart pattern as LINK ETF inflows soar and as the supply in exchanges drops. Summary Chainlink price has formed the bullish falling wedge pattern on the daily chart. The Grayscale LINK ETF has accumulated over…
Cardano price remains in a technical bear market and is hovering near its lowest level since November last year as traders wait for the upcoming launch of the Midnight mainnet and as more exchanges confirmed the NIGHT token listing. Summary Cardano price has dropped to a crucial support level this month. The developers will launch…
XRP price has tanked for three consecutive days, erasing the gains made earlier this week, even as the recently launched ETFs gained momentum. Summary XRP price suffered a harsh reversal as the recent rally stalled. Spot XRP ETFs continued seeing strong inflows this week. Technical analysis suggests that the token has more downside. Ripple (XRP)…
Zcash price has suffered a harsh reversal in the past few weeks, erasing most of the gains made during its recent bull run that pushed it from below $50 to $742. Summary Zcash price has crashed from $742 in November to $350 today. The rise and fall can be explained by the Wyckoff Theory. ZEC…
The crypto market slipped on Dec. 5, with Bitcoin and most altcoins being in the red as liquidations rebounded and open interest dipped. Summary The crypto market came under pressure on Friday, with Bitcoin and altcoins falling by over 2%. This decline coincided with the soaring liquidations and falling open interest. These tokens also dropped…
