Cryptocurrency analysts of Coinidol.com report Cardano (ADA) fell and returned to the historical price level of June 10.
Cardano price long-term forecasts: bearish
The cryptocurrency fell to a low of $0.26 before recovering. The deteriorati...
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PeckShield has reported that up to $1.7 million worth of Ether (ETH) has been stuck in the Shibarium bridge. With this, there is speculation that this liquidity may have caused the recent dip.
The news comes after Shibarium went live, a chain expected to act as a medium for optimum utilization of dog-themed tokens like...
Although bitcoin’s price also dipped in the past 24 hours toward $29,000, its dominance over the alts has actually jumped quite a lot.
This is because most alts are bleeding out now, with XRP, DOGE, SOL, UNI, and others, have slumped by up to 7%.
BTC Dominance Rises
Bitcoin shot up by over $1,500 a week ago and tapped a multi-week high at over $30,000. However, it couldn’t sustain its momentum and slipped by roughly a grand...
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PEPE price embarked on a downtrend, shedding 44% between July 4 and August 7.
A breakout from this bearish trend resulted in a 33% rally as it entered a key accumulation zone.
The frog-themed cryptocurrency provides another opportunity to buy, before a 70% move kickstarts.
PEPE price has reentered a key accumulation...
Cryptocurrency price analysis brought by Coinidol.com. The price of Polygon (MATIC) has fallen into the oversold zone of the market.
Long-term forecast of the price of Polygon: bearish
The cryptocurrency's value fell from a high of $0.87 t...
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US SEC Chair Gary Gensler has recently commented on AI, describing it as "the most transformative tech of our time."
Nevertheless, Gensler noted that securities law could be implicated based on how AI tech is used.
As the post suggests a regulatory shift in focus toward AI, related tokens such as INJ, GRT, AGIX, and RO...
Bitcoin has been unable to make any forward progress in terms of price action throughout the past 24 hours, but it wasn’t for the lack of trying.
Meanwhile, some altcoins are charting considerable increases over the same period.
Bitcoin Price Can’t Push $30K
Throughout the last 24 hours, Bitcoin bulls made an attempt to push the price toward the coveted $30K level.
They managed to get BTC all the way up to around $29,700, b...
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Bitcoin price continues to coil up for more than a month, leaving investors guessing its next breakout move.
This rangebound move is accompanied by a spike in open interest and correlation to the stock market.
Due to this uptick, BTC could be sensitive to upcoming macroeconomic data releases and events.
Bitcoin (BTC...
Coinidol.com weekly cryptocurrency price analysis from GMX, MNT, XDC, OP and BONE.
Altcoins are under renewed selling pressure as they are rejected from recent highs. For example, GMX, XDC, and BONE all have false breakouts as cryptocurrency r...
Bitcoin’s price movement has remained stagnant after being rejected from the critical resistance zone at $30,000. However, it is currently consolidating near a pivotal support area, which includes both the 100-day moving average and the lower boundary of a multi-month ascending channel.
Technical Analysis
By Shayan
The Daily Chart
The daily chart analysis shows that the price entered a slight corrective phase at the beginni...
