City Santimentthe Financial News
16.06 / 13:33
UPS
Lowe's
Action
Chainlink: What to expect with LINK preparing for a breakout from a squeeze zone
LINK seemed like it was poised for a strong bullish breakout after low price volatility in the last two weeks of May. However, Its price action confirmed that its long-term descending resistance line was still active through a bearish reversal. The resistance line is part of LINK’s wedge pattern which is rapidly approaching the tight squeeze zone.
16.06 / 02:35
Ethereum
Lowe's
Align
Is the $20-level next for ‘oversold’ Solana [SOL]
SOL was once very popular as it emerged on the heels of Solana’s aggressive growth, aiming to be the Ethereum killer. Fast forward to present day, however, and Solana is not as hyped as it used to be. In fact, SOL’s price has suffered a major downturn over the last few months.
13.06 / 01:03
Ethereum
Lowe's
Santiment
Bitcoin
With U.S CPI data pushing markets off the ledge, here’s what investors need to know
Recent developments in the market have reduced the pain tolerance of crypto investors that were already reeling from the May crash. What does the future of crypto assets look like now as global indexes begin to tremble further?
09.06 / 19:35
Action
Will SAND’s upcoming resistance push it below its current price floor
If you have been closely watching SAND’s performance, you may have noticed that it consolidated into its current range. The $2.8 price level seems to be acting as a healthy price floor. However, that might soon be called into question now that the sideways price action is closing in on its descending resistance.
09.06 / 13:59
UPS
Waves
Action
testing
Are THETA’s bullish theatrics testing the gig of crypto twins
Cryptocurrencies have been stuck within a tight range for almost four weeks now. Every once in a while, we see some attempt to break out of the range and at press time it looks like THETA might be making that attempt.
06.06 / 21:55
Lowe's
FIVE
Align
recovery
Tron: Amid its recent recovery, is TRX finally ready to breakout of its resistance
Last week we observed TRX rallying towards its descending resistance line. It turns out that its strong uptick pushed past the line briefly before a bearish retracement by at least 16% in the days that followed. However, the bulls have regained their momentum and are headed for another retest. The question now is will it break past the support or regain its downside?
06.06 / 01:35
Provident
Lowe's
Action
AAVE ushers in bearish correction after mid-May rally but is it ready for an upside
AAVE turned out to be one of the best performing cryptocurrencies in the second half of May. It rallied by more than 80% after the May crash but it kicked off June with a slight correction.
03.06 / 23:47
BTC
Digital
Bitcoin
Future
Holdings
With Bitcoin miners distributing their holdings, here’s what the future holds for BTC
Bitcoin’s price rose above $30,000 over the weekend and continued to hold firm at press time. BTC traded at the $30.4k mark with a 1.37% surge at press time. This marks the first rally in weeks as the crypto and stock markets have largely struggled to regain upward momentum following a broader sell-off.
01.06 / 23:09
UPS
Action
Align
Bull run
end
Identifying whether TRX’s May-end bull run will extend just yet
TRX was one of the best-performing cryptocurrencies in May. In fact, it managed to squeeze in healthy gains, especially over the last two weeks. However, current chart observations suggest that it might be about to give up some of those gains.
28.05 / 22:37
Twitter
Telegram
Platform
Reddit
Bitcoin
Slack
Bitcoin, Telegram, Slack, Reddit, and Twitter- Decoding latest mystery of social volume
Social volume is considered an integral part of the cryptocurrency market. This happens to be an extremely important indicator for traders/investors to determine future profitability.
28.05 / 04:25
Assessing if Avalanche [AVAX] could soon reverse its downtrend
The day brought an avalanche of bad news for bulls as Ether fell below the psychological price of $2,000 and was trading at $1,734.01 at press time, after losing around 9.94% of its value in the past day. By press time, Avalanche [AVAX] had fallen to become the #15 biggest crypto by market cap and was trading at $22.45 after losing 16.20% of its value in a day and sliding down by 24.92% in the past week.
26.05 / 23:25
IPO
Provident
Ripple
XRP
Speculation
XRP: How Ripple’s IPO speculation is triggering whale activity on the chain
The ever-lasting lawsuit between the U.S regulators (SEC) and Ripple directly or indirectly has affected XRP holders over the years. Especially after December 2020 when the lawsuit commenced. One of the main reasons why XRP barely has crossed the $1 mark. At press time, XRP remained under the $0.4 mark with a fresh 2.5% correction.
26.05 / 17:21
UPS
Provident
FIVE
Loopring [LRC]: $5 billion trading volume milestone can have these repercussions
LRC is among the biggest gainers after rallying by more than 27% over the last seven days while most of the top cryptocurrencies were stuck in a narrow range. The rally comes amid an important loopring development but it looks like it might be due for some more upside thanks to a major milestone this week.
26.05 / 13:45
Blockchain
Lowe's
Binance
In Avalanche [AVAX] bears’ relentless pursuit where do investors stand
AVAX bears have maintained their assault this week, making it one of the top gainers among the top 20 cryptos by market cap. Its current downturn looks to be headed for a retest of its 12 May low, during which it bottomed out at $22.31.
26.05 / 00:03
Lowe's
AXY
Currency Indices
Infinity
One indicator/metric gives away two contrasting narratives for AXS and BNB
Amidst the ongoing bear market, altcoins have projected a varying picture or rather “wildly different behaviours.” Investors chose some tokens for their severe euphoria and/or profit-taking scenarios. On the contrary, others coins, despite the loss trajectory, showcased vital signs for a rally. At least that’s what investors/traders considered for identifying spots.
25.05 / 22:43
Blockchain
UPS
Waves
UST registered +400% rally while you were asleep – Here’s what to know
A ghost in the blockchain? Or a poltergeist playing tricks? 25 May began with TerraUSD [UST] seeing a daily rally of more than 400%, but then experienced a crash that dragged it back down to below $0.1. So here’s your news update in case you were sleeping when the price spiked.
19.05 / 23:37
Blockchain
UPS
Twitter
Is Solana [SOL] NFT market in trouble? Here’s what you should definitely know
The crypto market has been reeling under bearish pressure for quite some time now. But a few altcoins have defied the current market structure. One such alt was Solana. In the last seven days, SOL was up by 16.06%. However, there still remain concerns related to some of its on-chain metrics.
16.05 / 00:23
UPS
Lowe's
Action
end
GRT bounces and bounces, but where will it really end up
The market bloodbath last week has surely left an unpleasant and long-lasting impression on investors and tokens alike. Graph’s native cryptocurrency GRT is a case in point. The crypto dropped as low as $0.118 during last week’s heavily bearish conditions. At press time, however, it was one of the top cryptocurrencies to have enjoyed a healthy recovery on the charts.
14.05 / 14:23
Ethereum
ETH
Santiment
recovery
Ethereum: What to expect as ETH stages a near 10% recovery on the charts
ETH is showing strong signs of recovery after a recent meltdown of the crypto market. The parity was restored after a near 10% growth surged ETH above $2,000. Impressively, it has been able to hold this position after plunging below $1,700 in the past week. What can we expect from the flagship alt coin?
13.05 / 02:25
Provident
Lowe's
Binance
Support
Polkadot [DOT] enters critical support level, should investors bet on it
DOT is still bleeding as the bear market extends for yet another week, with no sign of slowing down. This has especially been the case in the last two days during which selling volumes increased after failing to bounce back.
12.05 / 04:21
UPS
Ripple
XRP
XRP whales look for their final destination as traders go haywire
As the crypto market reels from the latest bear attack, how is one controversial top-ten coin dealing with more turmoil and conflict? XRP did produce a green candle earlier but on 11 May, a red one was taking shape. Can XRP beat the odds or is it destined to sink with the rest?
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