Monero price rally to $460 has lost steam as bearish pressure builds near resistance, signaling a potential top formation and range-bound movement ahead. Summary XMR rejected from $460 resistance, losing bullish momentum. Daily closes below $424 signal potential corrective phase. Key support sits at $194, aligning with Fibonacci and the value area high. Monero (XMR)…
Crypto markets are down today. Bitcoin, Ethereum, XRP, and various altcoins are in the red and erasing some of the gains made a day earlier. Summary The crypto market is down today amid a risk-off sentiment in the industry. Bitcoin and most altcoins have dropped in the past few days. The Crypto Fear and Greed…
ADA price is forming a rising wedge near the $0.61 resistance, a bearish technical pattern that could signal an upcoming correction if momentum fails. Summary ADA forms a rising wedge, a bearish pattern nearing completion. Key resistance lies at $0.61, aligning with Fibonacci and VWAP levels. Breakdown below wedge support could send price to $0.51. Cardano’s (ADA) price…
The federal shutdown is almost over, but is Bitcoin heading toward its toughest liquidity test yet as funding pressures build across markets? Summary The U.S. federal shutdown nears resolution as markets rally, with investors expecting a return of key data and renewed economic clarity. Bitcoin and Ethereum rose with equities, though ETF outflows showed the…
XRP price pulled back today, Nov. 11, as the recent rally took a breather ahead of the upcoming approval of exchange-traded funds. Summary XRP price remained under pressure as whales continued selling. There is hope that spot XRP ETFs will start trading this week. Technicals suggest that the token may drop after the approval. Ripple…
Despite listings on several major exchanges and a $540 million private investment, the Canton Network’s price fell by more than 30% after trading began. Summary Canton Network price fell 30% despite listings on Binance and other major exchanges The project secured a $540 million investment from Tharimmune Canton is a layer one network for institutional…
Markets are entering a stabilization phase, with altcoins ready for upward momentum once Bitcoin picks up steam, says Wintermute analyst Jasper De Maere. Summary For altcoins to recover, Bitcoin likely needs to reach a new ATH Bitcoin has traded steadily in the $105k to $107K range, about 16% below its record levels Altcoins were up,…
Pi Network price remained in a consolidation phase this week as traders remained on the sidelines. Summary Pi Network price has formed an inverse head-and-shoulders pattern on the 12-hour chart. It has also formed a falling wedge pattern, pointing to more upside. The coin may jump as whale accumulation continues. Top whale continues buying Pi…
The Aster token price shows fading momentum, as low volume limits upside potential. Technical indicators suggest a possible corrective move toward $0.88 support. Summary Weak Momentum: Low volume limits upside follow-through. Key Level: $1 remains pivotal; loss could trigger correction. Downside Target: $0.88 serves as major support for potential reversal. Aster (ASTR) token price has shown signs of…
Startale Group has unveiled a super app designed to serve as the an all-in-one platform for the Soneium ecosytem. The app will facilitate TGEs, airdrops and rewards for Soneium. Summary Startale has launched its Ethereum Layer-2 “super app” that serves as the main consumer platform for Sony’s blockchain, Soneium. The app enables user participation in…
