The Solana (SOL)-based memecoin BONK rallied 100% in the past seven days, driven by an overall market pump and a massive deflationary plan to burn 1 trillion tokens. On 15th November, Bonk DAO announced the deflationary plans with the 2024 Christmas deadline. Immediately after the news, BONK pumped 27% and added on its weekly gains, which crossed 100% amid an...
Solana’s price rally has brought it close to forming a new all-time high, stirring optimism among traders and investors. The altcoin’s upward momentum reflects heightened market activity, but challenges remain as Solana struggles to breach critical resistance levels. Solana traders exhibit strong optimism, with the asset’s Futures Open Interest (OI) reaching a...
Solana (SOL) price has seen a remarkable 40% surge in recent weeks, climbing to $210. Despite this bullish uptrend, SOL is encountering challenges at the $221 resistance level, which could signal a potential reversal. Investor activity on the Solana network suggests the momentum might face hurdles in sustaining further gains. Transaction activity on the...
The cryptocurrency market has seen its fair share of volatility recently, but WhiteBIT Coin (WBT) has emerged as a standout performer, reflecting both resilience and growing investor confidence. WBT has successfully held a critical level at $22, indicating strong buying interest in this range. This foundation suggests that investors view the current price as...
PEPE price has been on a strong rally, climbing nearly 60% over the past seven days. The bullish momentum has been fueled by positive technical indicators, including supportive EMA lines and a healthy RSI level. However, some signs suggest that while buyers remain in control, the intensity of the uptrend may be starting to moderate. PEPE’s Relative Strength...
Dogecoin (DOGE) has sustained its strong upward trend for a fourth day in a row, climbing 48% in the past 24 hours, which has reignited conversations about the possibility of the coin hitting a $1 price target. DOGE surged past 41 cents early Tuesday, marking its highest level since May 2021, when it reached a peak of just over 70 cents. Over the past week, the...
XRP price recently saw a significant surge, rallying by 40% and reaching an 8-month high. However, the rally appears to be losing momentum, as XRP now faces a potential pullback. This retreat is largely due to emerging selling signals among investors, signaling a possible shift in sentiment. On the chart, the overbought RSI indicates that XRP’s bullish momentum...
The SUI price has launched a fresh bullish attack as the bears seem to remain off-the-track for a while. The rise in the buying volume and pressure suggests the token is expected to maintain a strong ascending trend, even after breaching above the resistance of the rising expanding channel. Now that the token has found fresh highs around $3.3, the next pitstop...
The SOL price has entered the last phase of the bull run that may accomplish after completing the parabolic recovery. The rebound from the 2023 lows was the breaking point for the rally that constantly formed bull flags and later surged towards the next resistance. Currently, the price has broken above a major bull flag after multiple bullish attempts. Hence, the...
Leading meme coin Dogecoin (DOGE) has experienced a remarkable price surge in the past few days. It currently trades at $0.28, recording an 88% price uptick in the past seven days. This significant uptrend has propelled DOGE ahead of Ripple’s XRP in terms of market capitalization. With strengthening buying pressure, the meme coin is poised to extend its...
Shiba Inu (SHIB) has shown strong bullish signals, recently breaking out from a falling wedge pattern on its daily chart. This breakout suggests a potential shift in momentum for SHIB as it pushes toward higher levels. At press time, SHIB trades around $0.00001735, up 3.21% over the last 24 hours. The token now faces immediate resistance at $0.00001911, with a...
The D-Day for U.S. elections is here, and the short-term impact of the outcome on Bitcoin (BTC) could be big. According to the latest Bernstein outlook, a Harris win could drag BTC to $50K, while Trump’s victory could rally it to a range between $80K-$90K. The research and brokerage firm cited Harris’s relatively hawkish stance as the reason for BTC’s $50K...
Dogecoin (DOGE) has surged by 10% in the past 24 hours, emerging as the top performer among the top 10 cryptocurrencies. This rally follows the November 2 Doge Day celebration, which honored Kabosu, the Shiba Inu behind the original meme and a nod to Elon Musk’s influence on Dogecoin. The primary catalyst appears to be the traditional Doge Day celebration pump,...
While TON’s price might have fallen below $5, IntoTheBlock data shows that the token’s Coins Holding Time has increased. Within the last seven days, this metric, which measures the amount of time a cryptocurrency has been held without being sold, is up 142% Since it increased, it indicates that Toncoin short-term holders believe that a rebound could be...
This week, SUI is set to release 64.19 million tokens, valued at over $100 million, as part of a scheduled token unlock. This influx represents 2.32% of SUI’s circulating supply, sparking speculation on how this event may impact the token’s price. With a current market cap of approximately $4.6 billion and a circulating supply of 2.76 billion tokens, it stands at...
The rising DEX volumes than Ethereum have made the market participants bullish on Solana’s (SOL) price rally. The growing popularity of the Solana-based memecoins has contributed to the rise in the network activity and eventually the DEX volumes too. Meanwhile, the SOL price remains stuck within a consolidated range and demonstrates the possibility of reaching...
DOGS price is facing massive bearishness, but the bulls are constantly trying to raise the momentum. After rising from the lows, the price is maintaining a consolidated ascending trend within a symmetrical triangle, which could result in a breakout soon. The volume has been plunging consistently, suggesting the bears are extracting the profit, which may soon get...
Sui is the most popular layer-1 token, which has displayed immense strength within a short time frame. The price recovered from the losses and also formed a new ATH that displayed the huge confidence of the bulls over the token. Although the price has been facing massive bearish pressure due to increased sell-offs, in the long term, the token is believed to...