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Bitcoin has started September on a weak note, with both its monthly and weekly closes reflecting a lack of bullish momentum. Historically, September has been a challenging month for Bitcoin, often dubbed a “red patch” for returns. Despite this, some analysts still see the potential for Bitcoin to reach the mid-$60,000 range in the short term. The $56,000 and...

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Ethereum is under bearish pressure, with the amount of ETH sent to exchanges gradually increasing. This coincides with Ethereum facing strong resistance at the $2,750 price level. Currently trading below $2,500, Ethereum could see further declines if the selling pressure continues. Exchange reserves have risen, with 19 million ETH valued at $47 billion now held...

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Toncoin (TON) has recovered after its weekend bloodbath following the news of the arrest of Telegram founder Pavel Durov. As a result, TON plummeted from $6.73, dropping almost 12% on Saturday and 2.93% on Sunday to end the weekend at $5.76. As we can see in the price chart, TON faced significant selling pressure on Saturday and Sunday, hitting lows of $5.45 and...

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The MATIC market opened this year with a green candlestick. On the first day of the year, it closed at $1.0171. Later, for a short period, the market weakened. But in late January, the buyers of the market took control of the market. They took the price as high as $1.2711 in mid-March. Post that, the market situation overturned in favour of the sellers of the...

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Dogs, the newly launched memecoin on the TON blockchain, has gained huge popularity after its launch in July. The token mainly targets Telegram users and hence, when the founder was arrested, it was expected to harm the market participants. Moreover, soon after the arrest, the Toncoin (TON) price dropped by 20%, which strengthened the speculations of the DOGS...

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BTC had been in an upward trajectory as the previous week drew to a close, rising by 3.50% on Wednesday before a slight drop on Thursday as the 50-day SMA came into play, allowing sellers to push BTC down by just over 1%. However, bulls took control on Friday, with BTC registering an increase of 5.97%, pushing above the 50- and 200-day SMAs to settle at $64,032....

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The price of Ethereum broke below the support at $2500, which revived the possibility of a restest of the next support at $2200. Therefore, a structural higher low is going to form in a deep value zone following a breakdown from the rising wedge. The bulls have halted the bearish trend with a reversal above $2500 while the next price action remains uncertain. If...

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Pepe (PEPE) has been trading within a falling wedge pattern since May 27. Currently priced at $0.0000077, its value has dropped by 52% during this period. PEPE’s price could decline further, as it appears poised to break below the lower line of its falling wedge, which would signal a continuation of the downtrend. A falling wedge pattern occurs when an asset’s...

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Since the arrest of Telegram’s CEO Pavel Durov on August 24, Notcoin’s (NOT) price has plummeted. Trading at $0.0088 at press time, the altcoin’s value has since declined by 20%. With rising selling pressure, NOT is at risk of falling toward its all-time low of $0.0046, last recorded on May 24. Due to NOT’s recent price struggles, the number of active addresses...

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Toncoin (TON) has no doubt been one of the fastest growing networks and its runtime has been flawless until now. Fresh reports indicate that the network experienced its first downtime incident this morning. Preliminary reports found using Tonscan show that block generation on Ton halted for almost three hours. One of the TON Foundation members revealed that the...

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Bitcoin (BTC) has remained under pressure despite spot Bitcoin ETFs witnessing massive inflows. BlackRock’s iShares Bitcoin Trust (IBIT) registered a staggering $224 million worth of inflows. Besides BlackRock’s IBIT, Franklin Bitcoin ETF and WisdomTree Bitcoin Fund registered $5.5 million and $5.1 million worth of inflows. However, Ark 21Shares Bitcoin ETF,...

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Dogecoin (DOGE) price correction from last week’s peak triggered a spike in long position liquidations, with traders losing $1.48 million against only $55.85k short positions liquidations. The downtrend implies that DOGE is back to where it was on Friday amid increasing chances of extended correction. Dogecoin price sits below the 20-day Exponential Moving...

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Notcoin’s (NOT) price is reacting just as other Telegram bot tokens have over the last couple of days. The ongoing controversy surrounding Telegram’s CEO has resulted in the altcoin slipping into a downtrend. The arrest of Telegram’s CEO has had a significant impact on Notcoin’s price. This event sent shockwaves through the market, altering investor sentiment...

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Toncoin (TON) has lost a staggering 21% over the past week as its value plummeted following the arrest of Telegram founder Pavel Durov. More bad news for TON is that French authorities have charged Durov with complicity in multiple criminal activities and failing to provide cryptographic access per the authorities’ demands. TON plummeted following news of Durov’s...

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DOGS memecoin made a strong entry into the crypto market after a long-anticipated listings on Binance (BNB) and WhiteBIT (WBT) on the 26th of August 2024. The launch became a social buzz, especially as the launch timing coincided with International Dog Day. With this favorability, the memecoin was well-positioned to create a strong user base. However, the...

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Market activity for Ethereum (ETH) has been subdued, showing only a slight increase of 2.45% in price, now trading around the $2,600 level. This kind of price behavior is typical when an asset is trading within a symmetrical triangle—a pattern characterized by converging diagonal upper and lower lines. Previous instances of such trading patterns have often led...

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Shiba Inu (SHIB) has seen remarkable whale interest during this week’s recovery rally. The rally, which started on the 19th of August, reaching a 10% gain during the early New York trading session on the 22nd of August.  The recovery also coincided with a recent Shiba Eternity game launched on its Shibarium network. However, the recovery hit a short-term supply...

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As of this writing, Notcoin’s price is $0.010. This is a notable fall from $0.012, which it hit on August 19 and eventually turned out to be a false breakout. But on the daily chart, the Chaikin Money Flow (CMF) has exited its stay in the negative region and jumped to the positive side. A falling rating of the indicator, however, shows that distribution is very...