BNB price is currently showing signs of a fresh increase from the $515 zone, indicating a potential bullish momentum if it manages to clear the $572 resistance level. The recent support near $515 has prompted a recovery wave similar to what Ethereum and Bitcoin have experienced in recent times. This signals a positive movement in
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The cryptocurrency market has been experiencing significant fluctuations, with Bitcoin’s price surging by 1.7% in the past 24 hours to hover above the $62,000 mark. However, cautionary warnings from CryptoQuant, a reputable crypto analytics platform, suggest that Bitcoin could face a substantial downturn to $52,000 if specific key levels are breached. CryptoQuant’s analysis points to
Bitcoin Cash (BCH) has recently faced a significant decrease in enthusiasm among investors, with its price plummeting by 20% over the last seven days. As of the latest update, BCH is trading at $484, following a similar downward trend to the overall cryptocurrency market, particularly Bitcoin. The leading cryptocurrency fell by 9% in the past
After retesting the $12.00 support zone, Chainlink’s LINK price is now looking to recover and move above the $13.50 and $15.00 resistance levels. However, the price is currently showing bearish signs below the $15.00 resistance against the US dollar. It is trading below the $14.20 level and the 100 simple moving average (4 hours). Additionally,
Ethena, a stablecoin with a market cap of over $2.3 billion, burst onto the scene in late February and has quickly risen to become one of the fastest-growing stablecoins in history. One of its main attractions is its ability to generate yield for holders, a feature that sets it apart from leading stablecoins that keep
Ali Martinez, a well-known cryptocurrency expert and trader, has made a bold prediction for Bitcoin, suggesting that the digital asset could reach a price of $86,000 in the near future. Martinez’s analysis focuses on key support and resistance levels that will dictate the future price trend of Bitcoin. According to the expert, Bitcoin has been
Elawn Moosk token has recently gained significant attention in the crypto market, following the trend of Elon Musk-themed tokens that have become popular among retail investors. The token experienced a rapid price increase, with a 24-hour change of +302%, trading at a market price of $0.0041. Despite a modest initial traction upon its launch, Elawn
Cryptocurrency exchange Bybit recently released a report discussing the effects of the upcoming Bitcoin halving event on the supply dynamics of Bitcoin within the exchanges in the crypto space. This report provides valuable insights into how the halving event could increase scarcity and greatly influence the price of BTC. Bybit’s report reveals that the reserves
The past week has been tumultuous for holders of meme coins, with assets such as Pepe (PEPE) experiencing a significant 24% drop in value. This decline is reflective of a broader market trend, with other meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) also seeing losses of 16% and 18%, respectively, over the same
The Ethereum price has been facing several obstacles near the $3,200 mark. It is evident that ETH may experience a significant decline if it fails to surpass the $3,200 and $3,280 resistance levels. Currently, the price is trading below $3,200 and the 100-hourly Simple Moving Average, indicating a bearish trend. A bearish trend line is