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Binance, the world’s largest crypto exchange, has flagged five altcoins for potential delisting. This decision comes as the exchange added Bluzelle (BLZ), CLV (CLV), SelfKey (KEY), Prosper (PROS), and VITE (VITE) to its Monitoring Tag list, indicating increased scrutiny due to heightened volatility and risks. Altcoins Crash Due to Risks of Binance Delisting The Monitoring Tag is Binance’s method of singling out tokens that might not meet its stringent listing criteria anymore. The review criteria are thorough, assessing factors from…

Cardano price started a fresh decline from the $0.3850 resistance. ADA is consolidating above $0.3350 and might attempt a recovery wave. ADA price started a downward move below the $0.3550 support level. The price is trading below $0.350 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $0.3480 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move down if it stays below the…

An analyst has pointed out how a Dogecoin indicator could be about to show a crossover that proved bullish the last two times for the DOGE price. Dogecoin May Be About To Show A Bullish MACD Crossover As explained by analyst Ali Martinez in a new post on X, a MACD crossover could be about to happen for DOGE soon. The “Moving Average Convergence/Divergence” (MACD) is a technical analysis indicator momentum indicator tracking the difference between two Exponential Moving Averages…

Despite the green September close, Bitcoin (BTC) and the rest of the market faced another bloodbath as October started. The flagship crypto saw a 7% decline, fueling a bearish sentiment among investors. However, most analysts remain optimistic about BTC’s performance in the next three months. Is This The ‘Shakeout Before Breakout’? The market began the month of October, popularly known as “Uptober” by the crypto community, with the first shakeout of the quarter, losing 6.5% of its market capitalization. Most…

XRP price extended losses and tested the $0.5240 support level. The price is now consolidating and might struggle to start a fresh increase. XRP price declined further below the $0.5850 zone. The price is now trading below $0.580 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.5950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could struggle to recover above the $0.5950 and $0.600 resistance…

Crypto asset manager Bitwise has made a significant move by submitting an initial registration statement to the US Securities and Exchange Commission (SEC) on Wednesday for its spot XRP ETF. This action confirms the authenticity of its filing on September 30, following widespread speculation regarding the development.  XRP ETF Applications Gain Momentum Despite this initial step, the road to approval is fraught with challenges. No XRP ETF is guaranteed to meet the SEC’s regulatory standards.  Recent reports indicate that applications…

Ethereum price extended its decline below the $2,450 level. ETH is now consolidating and might struggle to recover above the $2,425 level. Ethereum declined further and traded below the $2,400 zone. The price is trading below $2,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,350 support to start a fresh increase in the…

Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for. Despite the upside momentum in September, Solana buyers didn’t lift prices above this line. At press time, there is a local double top, even as one analyst on X notes that Solana outperformed other platforms, posting a sharp influx in net inflow. Solana Received Over $800 Million In…

Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line with resistance at $61,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $60,000…