The price of Polygon (MATIC) is down and continues its downward trend.
Polygon price long-term forecast: bearish
Today, the altcoin is testing the 21-day line SMA again. If MATIC is rejected at the 21-day line SMA, selling pressure will inc...
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Shiba Inu’s layer-2 scaling solution Shibarium surpassed 11 million transactions on its native test network Puppynet.
Puppynet has processed over 11 million transactions for 15.9 million addresses since its launch in March.
Shibarium’s new milestone helps layer-2 position itself as a competitor to Ethereum-based bloc...
After failing to decisively overcome $27,000 during the weekend, BTC slipped by almost $500 earlier today to chart a new multi-day low.
The altcoins are also in the red today, with XRP, MATIC, SOL, LTC, and others losing over 2% of value.
BTC Slips Below $27K
Bitcoin tried to take down $27,500 on two occasions last week but ultimately failed, and the subsequent rejections drove it south hard. The second one was particularly...
Ethereum (ETH) is trading in a bearish trend zone.
Long-term analysis of Ethereum price: bearish
The downtrend of Ether has slowed down and it has been trading above the support level of $1,773 since May 11. On May 12, the largest altcoin s...
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Bitcoin price shows some life as the new week kickstarts, suggesting a potential short-term move to the upside.
Ethereum price will follow Bitcoin’s footsteps and is likely to revisit the $1,703 and subsequent support levels.
Ripple price looks like a rebel but investors should exercise caution considering the uncertai...
After sitting below $27,000 for a few days, bitcoin finally jumped above that level in the past 24 hours but is yet to decisively reclaim it.
Most altcoins are with insignificant gains on a daily scale, aside from the trending memecoin – PEPE.
Bitcoin Uncertain at $27K
Last week started on a positive note for bitcoin, which jumped to over $27,600 after the stagnant weekend. However, that was short-lived, and the asset retra...
Bitcoin has been stuck in a range in the last few days following a rejection from the $30K resistance level. There are various points for market participants to look forward to in the short term.
Technical Analysis
By: Edris
The Daily Chart
On the daily timeframe, the price has been consolidating in a very tight range over the last week. This comes after the $30K resistance level rejected the market to the downside. The 50-...
The price of Solana (SOL) is falling below the moving average lines.
Solana price long-term forecast: bearish
Solana has fallen to $20 since May 8 and is now consolidating back above current support. The current support was retested by the...
Aside from a brief pump and dump of around $500 yesterday, bitcoin has remained relatively stagnant at just under $27,000.
Although generally more volatile by nature, the altcoins have also failed to produce any significant moves in the past day. Injective is among the few exceptions.
Bitcoin Stalls Below $27K
After the enhanced volatility at the end of last week, which resulted in BTC dumping to a two-month low of under $2...
Well, the past week had some exciting developments to offer, at least in certain segments of the market. The broader capitalization barely increased by around $5 billion, currently standing shy of $1.2 trillion. This came on the back of a relatively flat performance of major cryptocurrencies, but some altcoins managed to surprise. Let’s dive in.
It’s been a back-and-forth with Bitcoin this week. The cryptocurrency was tradi...
