Ethena price rose for two consecutive days as whales continued buying, and exchange balances dipped to their lowest point in months as USDe demonstrates ongoing stability. Summary Ethena price has rebounded from the lowest point this month. The USDe stablecoin has maintained its peg this week. Whales and public figure investors have continued to accumulate….
HBAR price has crashed into a bear market after falling nearly 50% from its highest point in August, and its weak fundamentals and technicals point to more downside. Summary HBAR price is about to form the risky death cross pattern. Its technicals point to more downside in the near term. Hedera’s fundamentals have deteriorated, with…
Bitcoin and most alcoins continued their strong sell-off as sentiment in the industry worsens and as the crypto bull run ends. Summary Bitcoin and most altcoins continued their strong sell-off this week. The Altcoin Season Index moved from the YTD high of 80 to 41. Some potential catalysts may help to boost these coins in…
Shiba Inu price loses its range-low support, with price now targeting $0.000069 as bearish momentum strengthens and downside continuation remains likely. Summary SHIB loses key range low support, confirming bearish momentum. Next downside target sits at $0.000069 swing low. Recovery requires daily close back above the broken range low. Shiba Inu’s (SHIB) price structure has…
The MSTR stock price continued its strong downward trend today, Oct. 17, as Bitcoin and other cryptocurrencies plummeted. Summary MSTR stock price has flashed a death cross pattern on the daily chart. Technical analysis points to more downside to $230 and below. Strategy will struggle as Bitcoin price plunges. Strategy, the biggest Bitcoin (BTC) treasury…
The crypto market crash has erased nearly $1.19 billion in liquidations as the overall market cap drops dangerously low near $3.5 trillion. Here’s why major altcoins are falling. Summary The crypto market cap has plunged by 7.3% to around $3.6 trillion, triggering a crypto market crash consisting of over $1.2 billion in liquidations within 24…
After a volatile week of failed recoveries and fading momentum, Ethereum price is showing renewed signs of strain as it slips deeper into correction territory. Summary Ethereum price has fallen nearly 7% in 24 hours and 12% over the past week, erasing recent gains. The token is now trading near $3,773, about 15% lower than…
BNB price remains at risk of further losses in the short term after confirming a bearish double top pattern just days after hitting a new all-time high. Summary BNB price dropped 22% to an intraday low of $1,069 on Friday. The token has confirmed a bearish reversal pattern on the 4-hour chart. According to data…
XRP price has been on a tumultuous ride recently, facing significant losses as it stuggles to uphold positive monentum. Summary XRP price has dropped 7.54% today, falling to $2.21 after losing key support at $2.47. Broader market downturn and global macroeconomic pressures have contributed to the token’s instability. Technical indicators suggest continued bearish momentum, with…
ZORA price is closing in on a key psychological resistance at $0.120 after rallying nearly 26% following news of its Upbit listing. A breakout above this level could open the door for a potential 50% upside. Summary ZORA price rallied by 37% after Upbit announced it would list the token. Zora’s launch of a creator-focused…
