Here’s why Ethereum price ‘may be primed for rebound’
Ethereum’s recent price decline suggests a potential rebound, with technical indicators hinting at oversold conditions. Ethereum’s (ETH) price has dropped to levels that usually signal it might be ready for a rebound, blockchain firm Matrixport says. In a Feb. 11 research note, the analysts pointed out that the Relative Strength Index is now showing signs […]
Here’s why the Sui Price may pump 65% soon
Sui has entered a technical bear market after falling nearly 40% from its highest level this year. The Sui (SUI) token has dropped to $3.25, down from its all-time high of $5.36, bringing its market capitalization to $9.8 billion. The recent decline mirrors the performance of other altcoins that have erased some of their fourth-quarter […]
BANANAS31 and ANDY surge triple digits, BTC struggles at $96,000: Here’s why
The price of coins like BANANAS31 and ANDY has spiked over 200% while the overall crypto market remains bearish. According to CoinMarketCap data, the overall crypto market still remains bearish with just a 1.5% surge in global crypto market cap in the last 24 hours. Bitcoin (BTC) and Ethereum (ETH) are showing struggle at the […]
Here’s why Russia’s investigating committee seeks regulating Bitcoin as property
Russia’s main federal investigating authority is proposing new legislation for Bitcoin that could potentially criminalize its transfer through third parties. Russia’s Investigative Committee has put forward a proposal that could potentially affect the country’s cryptocurrency market. In early February, the agency’s Chairman Alexander Bastrykin announced during an extended board meeting that the committee had proposed […]
Here’s why Ethereum, Dogecoin, XRP, Solana dropped this week
Bitcoin and most altcoins pulled back this week, while the crypto fear and greed index slipped into the fear zone. Ethereum (ETH) dropped to a low of $2,100, down by over 47% from its highest level this year. Similarly, Dogecoin (DOGE) price slipped to $0.2060, its lowest level since Nov. 4, while Ripple (XRP) fell […]
Here’s why XYO rallied over 30% today
XYO rallied over 30% as the project filled a key strategic position ahead of its anticipated Layer-1 blockchain launch. XYO rose to an intraday high of $0.0236, which is up 77% from its lowest point this week, while its market cap crossed $305 million as of press time. The altcoin’s trading volume surged 335% in […]
Here’s why Solana price may crash 40% soon
Solana price has pulled back after soaring to $295 in January as its ecosystem and the broader crypto industry lost momentum. Solana (SOL) dropped to the psychological level of $200, marking a 35% decline from its highest point this year. This retreat is largely due to Bitcoin (BTC) and other altcoins pulling back. Bitcoin has […]
Polkadot crashes to key price: here’s why it may rebound 500%
Polkadot price crashed to a key level this week as it continued to underperform other popular layer-1 coins like Solana and Mantra. Polkadot (DOT) dropped to a low of $3.53 this week, erasing all gains made since September last year.… Source link
Here’s why the crashing Ethena price may rebound soon
Ethena price has crashed by 57% from its highest level in December as sentiment in the crypto industry weakened. Ethena’s (ENA) decline has mirrored that of most altcoins. For example, Ethereum has dropped by over 32% from its December peak, while Cardano has fallen by 45%. Despite the ongoing token crash, Ethena’s network continues to […]
Here’s why analysts think it’s too early for Bitcoin long positions
As Bitcoin’s price holds below $100,000, experts warn that the time may not be right for new long trades. Bitcoin (BTC) is still above $100,000, but signs of a slowdown are showing, and analysts warn it might be too early for long positions. Despite Bitcoin’s recent jump past $102,000 after dipping to $91,229 on Feb. […]
