Over the past few weeks, Solana (SOL) has gained significant attention as its price continues to consolidate around crucial support lines. This consolidation follows Bitcoin’s latest struggle to validate a clear trend above the psychological mark of $70K. Amid the overall stable market sentiment, Solana has seen a mood swing in key on-chain metrics, creating...
BTC’s daily chart portrays a significant rise from $60,176 on May 10 to the $71,958 high, followed by a correction and sideways movement. This pattern suggests a phase of price discovery and consolidation. Volume spikes accompany major price moves, with decreased volume during consolidation. Key support and resistance levels are $60,176 and $71,958,...
While trading activity remains subpar, the hopes of the NOT price reviving a strong bullish trend towards a new ATH have not vanished. Regardless of the current market dynamics, which are stuck within a steep bearish trend, the NOT price has displayed hopes of a healthy upswing. Ever since the rejection from the highs, the price has been trading within a falling...
After rising to a new all-time high of $0.00001717 on May 27, the frog-themed meme coin is back on the move. It has in the last 24 hours, sustained a modest 2.7% increase to exchange at $0.00001475 toward the end of the European session on Thursday. Based on CoinGecko data, PEPE is climbing quickly to reclaim the all-time high as support while bulls look toward a...
FLOKI broke out of a bullish pattern a few weeks ago, and since then it has earned investors profits. If the trend continues, then it won’t be surprising to see the memecoin reaching new highs soon. The analysis of the memecoin’s daily chart revealed that its MACD displayed a bullish upperhand in the market. According to the Bollinger Bands, FLOKI’s price was...
After increasing sharply last week, Shiba Inu (SHIB) turned bearish as its price started to drop. The price decline pushed SHIB towards a critical support level. The memecoin’s price surged substantially on the 29th of May, allowing it to touch $0.00002924. But SHIB couldn’t sustain the pump and fell victim to multiple price corrections. The analysis of the...
Following the listing on WhiteBIT, Notcoin continues to trade under a bullish influence as prices have been soaring with notable strength. The rally is forming consecutive higher highs and lows, suggesting the bulls have held a huge dominance. Therefore, the NOT price is believed to maintain a healthy upswing for the next few days as fresh liquidity is expected to...
With the resurgence of memecoin mania, Solana also received significant momentum. The bulls used all their strength to keep the value above $180 but the growing bearish strength caused a notable pullback. As a result, the SOL price is consolidating strongly within a narrow range of $163 to $172, indicating the possibility of a large move ahead. While the crypto...
Notcoin (NOT) was up about 40% in the past 24 hours, with over 100% gains in the weekly chart. The recent explosive upswing tipped to trend side by side with GameStop (GSTOP), on the CoinMarketCap trending list on 30th May. NOT enjoyed strong buying pressure, as shown by the bullish reading of the RSI (Relative Strength Index) indicator (50.25). Additionally,...
Bitcoin is set for a new ATH? – brief price analysis by BlockchainReporter Bitcoin price failed to hold its momentum around the $70K mark, resulting in a steep decline below its Fib channels. However, BTC rebounded from the 100-day EMA, priced at $67,291, and climbed past the $68.3K mark, suggesting that the bulls are consolidating their position. As of writing,...
NOT price has maintained its position above the moving averages recently, although it has not approached the immediate resistance level of $0.013. Bears are aiming to defend the ongoing surge above Fib channels. As of writing, NOT price trades at $0.012, surging over 28% in the last 24 hours. The 20-day EMA ($0.01) is trending upward and an RSI over 70 indicates...
The SHIB price has been trading in an ascending manner for a while, as the lower trend line has been acting as a strong support. The recent volatility that kicked into the space, caused the price to print consecutive bullish candles that lifted the levels within the resistance of an ascending triangle. Although a breakout attempt has occurred at the moment a...
Listed on the WhiteBIT exchange on May 28 , Notcoin's (NOT) marketcap surged to over $927 million. One side of the trend expects the coin to hit the $1 mark, and the other is still uncertain about this volatile cryptocurrency. Is it the right time to buy this coin or wait for corrections? Let’s find out. Since there is not much data to analyze in the chart, the...
www.blockchaincenter.net Investors’ confidence in Bitcoin (BTC) has somewhat dwindled as the king of crypto fails to go above $69k. However, the Bitcoin Rainbow Chart revealed that BTC was actually mimicking its 2020 trend post-halving. The revealed that after months of its third halving, the Bitcoin Rainbow chart revealed that the coin entered the “BUY” zone....
With a rounding bottom reversal in the daily chart, PEPE creates a massive bull run, creating a new all-time high. However, as it ends Monday on a 4.26% positive note, an intraday pullback of 4.25% is visible today. The pullback undermines yesterday’s jump and warns of a correction spree in the coming days. As per the Fibonacci retracement levels, the meme coin...
A detailed analysis of the daily chart shows that the $72K-$74K price range has acted as a formidable resistance for bitcoin, halting several upward attempts in recent months. This range is characterized by a high level of supply, resulting in substantial selling pressure and making it a challenging barrier for BTC buyers to overcome. Bitcoin buyers have been...
The bullish reversal in the Ethereum price trend from the $2850 mark leads to a falling wedge breakout and completes a rounding bottom. With a neckline at the swing high of $4000, the altcoin is preparing for a breakout rally. The bullish trend continues in ETH price with a 5% surge within 72 hours, potentially completing a triple white soldier pattern today....