Bearish

Toncoin serves as the native token of the TON ecosystem and has multiple use cases. The token like other native tokens such as Solana (SOL) and Ethereum (ETH) has been doing well, as it experienced a notable price rise, especially with the launch of Notcoin (NOT) recently.  Based on TON’s past price movements, the token has successfully formed a Double-Top chart pattern, which is typically followed by a price decline. With a 10% decrease in the past day’s trading volume…

The post Solana, Chainlink, & This Popular Altcoin Stand Against the Bearish Heat—Will the Markets Follow? appeared first on Coinpedia Fintech News The crypto space is again consolidating but under bearish influence. The selling pressure is slowly mounting over the tokens but some manage to hold a tight grip over the rally. While memecoins are leading the top gainers, popular altcoins like Solana (SOL), Chainlink (LINK), and Polygon (LINK) withstand the selling pressure as the bulls appear to be poised…

The post Solana Struggles Amid Intense Bearish Pressure at Resistance Lines: What’s Next for SOL Price appeared first on Coinpedia Fintech News Solana price has been declining steeply following the SEC’s approval of spot Ethereum ETFs. For example, the SOL/ETH pair, which is closely monitored, has dropped by 16.8% since May 17 following the U.S. Securities and Exchange Commission’s (SEC) request for Ether ETF applicants to revise their 19b-4 filings. Additionally, there’s a decline in activity in the SOL ecosystem,…

Toncoin (TON) and Bitcoin Cash (BCH) have been recording stifling declines as both cryptocurrencies recently fell by more than 2%, with Bitcoin Cash (BCH) experiencing the most persisting volatility over the past month. Amidst this prevailing bearish trend, ETFSwap (ETFS) is showcasing impressive momentum and is on track to break into the elite crypto top 20 ranks.  Toncoin (TON) TVL Soars As Price Plummets Earlier in April, DeFilama’s data revealed that Toncoin’s Total Value Locked (TVL) had surged significantly, recording…

Bitcoin price is up nearly 8% and it broke many hurdles. BTC is now consolidating gains and might correct in the short term toward $65,000. Bitcoin started a strong increase and cleared the $63,500 resistance zone. The price is trading above $65,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $61,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct gains…

Chainlink’s LINK price is struggling to surpass the $13.80 resistance. The price could continue to move down if it breaks the $13.00 support. Chainlink price is showing bearish signs below the $14.00 resistance against the US dollar. The price is trading below the $13.60 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $13.50 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could…

Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level. Bitcoin started a fresh decline after it failed near $62,000. The price is trading below $61,000 and the 100 hourly Simple moving average. There was a break below a bearish flag pattern with support near $60,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bearish momentum…

After a promising start to the week, Polkadot ($DOT) failed to maintain its upward momentum and is trading below $7 again.  After concluding the previous week in the green, holding its price above $7, $DOT failed to maintain the momentum and is back trading in the red as of Friday, May 10.  Bearish Sentiment Returns: $DOT Over the Week Polkadot’s price dropped sharply on Friday after slipping below a crucial support level of $7. $DOT had been trading relatively stable…

As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael Van De Poppe’s prognosis explores the factors that are driving the gloomy view of Bitcoin‘s price trajectory, in the midst of market turbulence and uncertainty.…