Traders were overleveraged at $4.43 on the lower side and $4.75 on the upper side levels. As the price approaches the breakout level, traders have been aggressively participating. The blockchain-based digital storage platform, Filecoin [FIL] is poised for upside momentum after trading within a tight range for nearly five months. Currently, the overall market sentiment is…
Journalist Posted: November 21, 2024 JUNO crypto has a strong bullish outlook for the coming days. Traders and investors should be prepared for the possibility that demand might not be enough for further gains. Juno [JUNO] crypto bulls achieved a 670% rally in 32 hours, taking the token’s price from $0.088 to $0.6811. Since then,…
Bitcoin dominance fell below 58%, signaling the start of the altcoin season. Altcoins like XRP, Solana, and ADA are outperforming Bitcoin, showing growing market interest. Bitcoin’s [BTC] price has surged dramatically, breaking through the $65K resistance and reaching an impressive peak of $92,903.98. Over the past 24 hours, the cryptocurrency saw a 1.34% increase, and in…
contributor Posted: November 17, 2024 POL has formed a classic inverse head-and-shoulders pattern. This bullish outlook is supported by multiple on-chain metrics and technical indicators. Polygon’s [POL] performance has been impressive. On the monthly timeframe, it has surged 13.93%, while daily gains stood at 5.41%. If the bullish setup materializes as expected, these gains could…
contributor Posted: November 17, 2024 PEPE outperformed rivals post its Coinbase listing, with consolidation possibly ahead If a certain strategy plays out, a quick rebound can be expected from the memecoin The memecoin market is heating up, and one token is rapidly catching attention. With triple-digit gains in just seven days, Pepe [PEPE] is now…
WLD surged by 8.95% over the last 24 hours 100 largest Worldcoin wallets have moved $2.3 million worth of tokens into exchanges After a sustained decline on the charts, Worldcoin [WLD] has seen a turn in fortunes over the past month. In fact, the altcoin recorded a sustained uptrend to hit its 3-months high. At…
Memecoins have once again outperformed top altcoins, with some even posting three-digit weekly gains. Now, the battle begins to determine who will lead the ‘supercycle’. Typically, coin listings on major exchanges often act as bullish catalysts by increasing liquidity and drawing attention to a token. Recently, Pepe [PEPE] saw a 50% price surge after its…
Notcoin’s falling wedge breakout pattern and strong RSI and MACD indicators suggest bullish momentum. Mixed on-chain signals and high short interest hint at potential for a short squeeze. Notcoin [NOT] appears poised for a breakout from a falling wedge pattern, with the token surging by 12.89% over the past 24 hours to reach $0.008007 at…
contributor Posted: November 14, 2024 Following the confirmation of the breakout, Solana could potentially rise by 25% to hit the $260 level. SOL’s Open Interest has surged aggressively, indicating increased participation from traders. The overall cryptocurrency market appeared to be experiencing a price correction over the last 24 hours. Amidst this, Solana [SOL], the fourth-largest…
Bitcoin is currently trading at around $87,000. The MVRV is at its highest in over a year. Bitcoin [BTC] has been at the center of investor attention, driven by its recent all-time highs and significant shifts in its on-chain metrics. Among these indicators, the Market Value to Realized Value (MVRV) ratio provides insights into potential…
