Analysis

The cryptocurrency’s daily trading volume has reached a seven-month high, topping $52 billion, while whale transactions have also spiked, reaching levels not seen in six months. In addition to this, the open interest (OI) in ADA futures has increased significantly, with OI hitting $735 million. This growing momentum has prompted analysts to reassess Cardano’s potential […]

Bitcoin (BTC) has just completed one of its longest re-accumulation phases in history, according to popular crypto analyst Rekt Capital. In a recent YouTube update, the anonymous trader pointed out that the cryptocurrency has been in an extended price discovery phase, surpassing previous cycles in 2021, 2017, and 2013. Rekt Capital explained that, unlike earlier […]

With Cardano whales holding off on selling, ADA gained 3.66% in the last day, supporting a slow but steady climb. The latest data indicates a significant decrease in the “Large Holder Netflow” metric for ADA, which measures the net inflow and outflow of assets held by major investors. This metric fell by 1,181.52% over the […]

Ethereum’s recent market performance is raising alarms among analysts. Starting October at $2,400, ETH reached $2,500 by November, but experts now predict a potential decline of $1,000. The cryptocurrency has seen a 5.30% drop in the last 24 hours, reflecting broader market corrections. Analyst Peter Brandt highlights a bearish trend, noting an unmet target of […]

Crypto analyst Ali Martinez has identified key factors for Bitcoin to surpass its all-time high of $73,700. After accurately predicting a surge to around $72,000, he warned that Bitcoin wouldn’t reach this peak immediately. Martinez emphasized that Bitcoin must hold above the $69,000 support level to target a rise to $78,000, noting that recent price […]

Solana (SOL) has enjoyed strong momentum recently, rising 13% in the past week, now trading at $172. This growth isn’t just due to the overall bullish trend in the crypto market but also driven by Solana’s expanding network. The number of daily active addresses on the network has hit all-time highs, showing increased interest as […]

Veteran trader Peter Brandt recently cautioned that Bitcoin (BTC) could be vulnerable to a major downturn after failing to establish new record highs for an extended period. Brandt noted that Bitcoin’s inability to sustain upward momentum over the past eight months might be a warning sign. Hey Bitcoiners Are you familiar with the concept of […]

Bitcoin (BTC) has made headlines by surpassing the critical $63,000 level, trading at around $63,400 at the time of writing, indicating the possibility of a strong Q4 performance. This price recovery comes after a brief period of volatility, with market participants regaining control and positioning Bitcoin for future growth. Despite this positive momentum, concerns linger […]

Gert van Lagen, a prominent technical analyst, predicts a substantial price increase for Bitcoin (BTC) in the coming year, projecting a rise of over 472%. In his latest analysis, he describes a step-like formation in Bitcoin’s price action, characterized by consolidations followed by upward movements, akin to a staircase in an upward trend. $BTC [1W] […]

Recently, Ethereum failed to overcome the $2,450 resistance, which led to a drop below $2,400 and $2,350, with a short-term low of $2,253. Although it has attempted a minor recovery above $2,285, it is still below the $2,310 level and its 100-hour simple moving average (SMA). Resistance is building at $2,300 and the major barrier […]