The latest Cardano price analysis confirms a bearish trend for the day as the price experienced a major drop in the past 24-hours. The bearish momentum is growing after a consistent defeat as a bullish wave was occupying the market till 8 June 2022. Currently, the bears are on top as the price moved down to $0.508 during the day. Overall the price has been...
Nigel Green believes investors will soon shift their focus towards riskier assets such as bitcoin, which could boost the latter’s price towards the year’s end. According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary cryptocurrency is highly...
Bitcoin the largest cryptocurrency has had quite a tough ride since its inception. However, no matter what the market conditions were, a group of HOLDers has continued to maintain strong support despite numerous price corrections. Bitcoin’s one of the key on-chain metrics showcased a vital sign to narrate or rather highlight a sign of investors’ confidence. The...
Dogecoin was among the hardest hit cryptocurrencies during the market crash of May which led to a massive drop in the market capitalization of the popular meme-inspired coin. Dogecoin remains the largest meme-inspired digital currency by market capitalization in June 2022. According to Be Crypto research, DOGE closed the fifth month of the year with a market...
Terra’s LUNA token broke and closed above the 20-day EMA ($54) on Feb. 22, which was the first indication that the sellers may be losing their grip. Sustained buying has pushed the price to the downtrend line of the descending channel. The 20-day EMA has flattened out and the RSI has jumped into the positive territory, suggesting a minor advantage to buyers. A...