BONK price surged by 8% in 48 hours after retesting a key support level. Short-term momentum is bullish but wedge pattern suggests caution. BONK was consolidating within a rising wedge pattern recently, a formation that often precedes a breakout. At press time, BONK price was trading at $0.00002906 after surging by 8% since retesting the … Read more
Trump pledged to create a national BTC reserve. Additionally, he promised to expand stablecoins and fire Gary Gensler. Former US president Donald Trump has pledged to create a ‘strategic Bitcoin reserve,’ confirming rumors that have been rife for weeks. In his overwhelming address at the Bitcoin 2024 conference in Nashville, Trump vowed, ‘Never sell your … Read more
Following the breakout of the $68,500 level, there is a strong possibility that Bitcoin will hit the $72,000 level next. Bitcoin’s open interest (OI) increased by 5.5%, signaling growing interest from investors and traders. The overall cryptocurrency market sentiment appeared bullish on 27th July, and the world’s biggest digital asset Bitcoin [BTC] has breached its … Read more
Sun 28 Jul 2024 ▪ 3 min of reading ▪ by Luc Jose A. Bitcoin, always ready to surprise, recently tested a crucial support level. This development could very well be the beginning of a new bullish phase for the crypto asset, sparking increased interest from investors. Details to follow ! A decisive rebound for Bitcoin … Read more
XRP has been consolidating inside the bull pattern since last year. The token might retest the pattern before beginning a bull rally. The crypto market somewhat turned sluggish in the last 24 hours as there was no major price movement, and XRP was not an exception. However, this just might be the calm before a … Read more
Following a bullish performance two weeks ago, the cryptocurrency market recorded a bearish consolidation last week. The mild increase in Bitcoin’s price was not sufficient to drive a positive reaction from the rest of the market. As a result, the global crypto market cap lost $70 billion, dropping from $2.47 trillion to $2.4 trillion by … Read more
Meme coins ranked by market cap, Dogecoin, Shiba Inu, PEPE, Dogwifhat and Bonk erased between 2% and 8% of their value in the past week. Solana meme coins Book of Meme, Cat in a dogs world, Ponke and Bonk started their recovery early on Sunday. Ethereum turned inflationary in Q2 2024, likely contributing to the … Read more
Ripple is responsible for developing the XRP Ledger (XRP) and is the token’s largest holder, whose actions impact its price. On August 1, the company will unlock another 1 billion XRP from the initial distribution, potentially creating relevant selling pressure. Notably, Ripple has done these unlocks every month since implementing the escrow system in 2017, … Read more
PEPE has a bullish structure but momentum and buy pressure have waned considerably. The liquidation levels data showed that a bearish trend could take over soon. Pepe [PEPE] was in a consolidation phase over the past twelve days. It has traded above the $0.00001129 support level but was unable to advance past the $0.000014 resistance. … Read more
KAS trading volume surges by 114.39% in 24 hours. Can KASPA hit a new all time record high? Last month, KASPA’s price rose exponentially, surpassing ICP and PEPE’s market cap . Equally, it hit a new all-time high during a sustained increase. However, as other altcoins started recovering with BTC gains this month, the KAS … Read more