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Solana trimmed gains and tested the $132 support. SOL price is consolidating and might aim for a fresh increase above the $140 resistance zone. SOL price started a fresh decline below the $145 zone against the US Dollar. The price is now trading near $142 and the 100-hourly simple moving average. There was a break above a short-term bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could…

In his latest video analysis titled “BITCOIN’S One Indicator Signaling LAST Major Dip,” Dan Gambardello, a noted crypto analyst with 370,000 subscribers on YouTube, delves into the latest price action of Bitcoin to forecast what could potentially be the final major dip. After dropping as low as $60,000 on Wednesday, the fear of another deeper price crash has grabbed the Bitcoin market. Why This Could Be The Final Leg Down For Bitcoin Gambardello emphasizes the significance of the daily and…

Bonk continues its bullish rally as ‘Uptober’ begins, sparking a bullish sentiment among investors after the recent fear of a major pullback. The memecoin sensation kickstarted its Q4 journey positively, reclaiming crucial levels, with investors and crypto analysts forecasting a green weekly close. BONK Closes Q3 With 13% Surge Bonk has seen a remarkable performance throughout the past two weeks, jumping 60% since September 15. The memecoin broke above the multi-month downtrend line after successfully reclaiming the $0.000022 resistance level…

Recently, a CryptoQuant analyst using the pseudonym “datascope” provided insight into the relationship between Bitcoin price and the Long/Short Volume to Open Interest Ratio. According to the analyst, this ratio is a key metric for understanding market behavior and investor sentiment, making it a valuable tool for predicting potential price trends. The Long/Short Ratio And Its Role In Market Sentiment As investor sentiment shifts between optimism and pessimism, the Long/Short ratio measures the balance of the market’s long (buy) and…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery. Ethereum Struggles To Break $2,800 Resistance  Technical analyst Daan Crypto Trades recently pointed out that Ethereum has yet to make a higher high,…

Ethereum, the second-largest cryptocurrency by market cap, has recently shown signs of a shifting market sentiment and momentum, according to an analysis by a CryptoQuant analyst named Percival. The analyst disclosed that various market conditions and technological developments have impacted Ethereum’s momentum and have led to mixed views on its future growth trajectory. Ethereum’s Market Sees Shift Percival, highlighted that Ethereum has faced a decline in activity due to the rise of other blockchains with greater accessibility, more advanced technology,…

XRP aficionados are ecstatic when market analyst EGRAG predicted an 888% increase in the cryptocurrency’s value. This optimism isn’t just wishful thinking; it’s based on trends seen on XRP’s one-month chart that mirror the cryptocurrency’s rapid success in 2017. As XRP struggles to reclaim prior highs, many traders wonder if this is the beginning of another bull run. EGRAG’s chart analysis shows that XRP almost touched the red rising support line four times. The pattern is similar to the price…

Following the market’s recent pump, the leading cryptocurrencies have seen a remarkable performance. Bitcoin is trading above the $64,000 mark, while Ethereum (ETH) has surged 9% in the last week to consolidate above a key support level. Despite the bullish sentiment, some crypto investors remain cautious about ETH’s performance as the second-largest cryptocurrency faces the next crucial resistance level. Ethereum Consolidates Above $2,600 Ethereum recorded a 13% price jump in the last seven days after the US Federal Reserve (Fed)…

Dogecoin failed to surpass $0.1120 and corrected gains against the US Dollar. DOGE bulls are active near $0.1080 and might push it higher again. DOGE price is eyeing an upside break above $0.1120. The price is trading above the $0.1080 level and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $0.1090 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if…