Bearish

Polygon (MATIC) has struggled to maintain its price above $0.75, falling to $0.61 due to strong bearish resistance. Technical indicators, including RSI, Ichimoku Cloud, and MACD, suggest a prevailing bearish trend with limited buying momentum. Polygon (MATIC) is currently navigating through a challenging period as it faces strong resistance and bearish sentiment, hampering its efforts to break higher price levels. Over the last 30 days, MATIC’s price has been unable to sustain above $0.75, resulting in a decline to $0.59…

The post Ethereum and Solana’s Bearish Trends: Furrever Token Emerges as a Top Choice for Profits appeared first on Coinpedia Fintech News In the dynamic world of cryptocurrencies, market fluctuations are common, and investors often find themselves navigating through periods of instability. Currently, Ethereum and Solana, two major players in the crypto market, are experiencing significant bearish trends. Amidst this volatility, Furrever Token is emerging as a promising alternative, offering a blend of profitability and charm that is attracting a…

Bitcoin's recent performance took a hit following the Fed's announcement on interest rates. With the 2024 bull run in motion, opportunities for short-term gains lie elsewhere. This article explores three promising altcoins poised for potential profits while Bitcoin cools down. CYBRO Presale: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales with its exclusive token presale. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential…

Despite the dominant bearish trend in the market, the well-known meme-based cryptocurrency Dogecoin (DOGE) is making an effort to recover. This unanticipated upward trend occurs even though sentiment and general market conditions are still primarily negative. Traders and investors are keeping a careful eye on the situation as DOGE attempts to make up some lost ground, trying to decipher what this possible turnaround might mean. Several factors could be driving this attempt at recovery, including market reactions to news events,…

Dogecoin is showing bearish signs below the $0.150 resistance zone against the US Dollar. DOGE could accelerate lower if it breaks the $0.140 support. DOGE price is moving lower below the $0.150 support zone. The price is trading below the $0.1450 level and the 100-hourly simple moving average. There was a break below a key bullish trend line with support near $0.1425 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1450…

The post Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL’s Price? appeared first on Coinpedia Fintech News In recent weeks, Solana (SOL) has gained considerable attention as its price faces extreme volatility due to the recent CPI news. This follows Bitcoin’s recent challenge in maintaining a clear trend above the psychological threshold of $70K. Amid a bearish pressure, Solana has experienced shifts in key on-chain metrics, suggesting the potential for a significant rebound in the coming…

Investors have started considering newer altcoins as a potential way to recover losses after tokens like  Toncoin and Solana both experienced  bearish moments over the past 7 days.  With Rabooalready dominating the memecoin ecosystem as one of the best cryptos to buy due to its innovative AI technology and potential for 100x returns. Here is how Raboo ($RABT) wants to leverage its potential for 100x returns to dominate the crypto market and help investors recover their losses this week from…

Avalanche is in a bearish limbo with confirmation from the Long and Short ratio. Avalanche Open Interest also depicts a visibly bearish sentiment. Popular smart contract platform Avalanche has been experiencing downward movement in the price of its native token, AVAX, over the past month. This downward pressure is evidenced by bearish sentiments from AVAX’s Long/Short Ratio. Sentiments for Avalanche Turns Bearish Avalanche appears to have run out of luck after performing very well in 2023 and in the first…

The post Rising Meme Coins PEPE and BONK in Bearish Market Tease Bull Run appeared first on Coinpedia Fintech News The volatility is peaking as the crypto market crashes with the FOMC meeting and the inflation report coming on June 12th. However, certain meme coins like the PEPE and BONK are resurfacing as the optimistic eyes expect a recovery in this segment.  With the PEPE price jumping 5.41% last night and the  BONK ready for a morning star, the meme…