Crash

Following on from the market crash brought about by Iran’s bombardment of Israeli territory, altcoins have begun to recover, with some altcoins almost back to their pre-crash levels. $BTC recovery transfers to the altcoins The Bitcoin BTC/USD price dipped more than 5% on Tuesday following the news that Iran had launched a missile strike on Israel. This escalation in the Middle Eastern conflict caught markets unawares, and there was a general melt-down of prices across the board. Nevertheless, Bitcoin was…

The market sentiment towards Ethereum (ETH) has turned relatively bearish, largely due to the cryptocurrency’s recent price volatility. This negative sentiment is evident in Ethereum’s new active addresses, having crashed by a whopping 43%, underscoring reduced network activity and investor confidence.  New Active Addresses On Ethereum Decline Data from The Block is showing notable fluctuations in Ethereum’s network activity, as the number of new active addresses has seen a sharp unexpected decline over the past three months.  On June 27,…

A crypto analyst has just confirmed an impending Bitcoin (BTC) crash, pointing to the formation of a bearish descending triangle formation on the cryptocurrency’s price chart. With Bitcoin’s price holding strong above the $60,000 mark, the key question now is how low this anticipated downturn is.  Analyst Confirms Incoming Bitcoin Crash TradingView crypto analyst, Alan Santana has published a report warning of potential risks in Bitcoin’s current price behavior, pointing to a possible price crash driven by the formation of…

After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery. However, there could be a small roadblock for the meme coin when it comes to achieving this uptrend as one analyst has pointed out the possibility of…

Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months. Critical Resistance At $65,200 Looms According to a recent report from digital asset trading platform Bitfinex, this price increase was largely driven by the Federal Reserve’s (Fed) decision to cut interest rates, which helped propel BTC to a new…

A famed crypto trader who warned about the Solana (SOL) downturn and the FTX meltdown is making headlines again, only this time he is gearing up to buy a sizable amount of Rexas Finance (RXS) priced at $0.04. The moves are not in the ordinary and have triggered suspicious sentiments among traders as to why they are investing in RXS. The question on everybody’s lips is “Could this be the next big breakout?” Why Rexas Finance? Rexas Finance (RXS) is…

Veteran crypto analyst, Peter Brandt has unveiled a new bearish forecast for Solana (SOL), predicting a massive price crash to new lows around $80. Despite this grim outlook, there remains a potential for a price recovery as other analysts foresee Solana jumping as high as $208. SOL Heading For $80 Price Crash As of writing, the price of Solana just hit $150, up from an initial value of $148 and successfully breaking past resistance levels around $149. This significant price…

Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana’s inability to keep up with the market’s recent surge.  Some analysts are even predicting a deep retrace to its yearly low of around $78 if the price continues to lag. Despite holding relatively well during Bitcoin’s and other altcoins’ earlier crashes, Solana’s current…

An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new post on X, analyst Ali Martinez has discussed about how Ethereum is looking like in terms of investor cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock. In the above chart, the dots represent the amount of ETH that was last purchased…