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Shiba Inu (SHIB) declines for the second month. Is a reversal possible?
Shiba Inu faces resistance at a key level The daily timeframe reveals that the value of the well-known memecoin has been fluctuating within an upward parallel channel since June 2023. Throughout this period, SHIB reached a peak of $0.0000120 (December 17). However, the token has sin ...
Why Polygon (MATIC) has a chance to find its footing
Polygon (MATIC) is currently trading above a key horizontal area that has been transitioning between support and resistance for nearly three years. Polygon is currently holding above the support level. On the weekly timeframe, it is evident that MATIC has remained above this long-te ...
What does a breakout of 450-day support mean for the Ripple (XRP) price?
Ripple has breached a significant long-term support level On the weekly timeframe, XRP broke out of a long-term ascending trendline last week. This trendline had previously provided price support for a span of 450 days. Last week marked the first time since its inception in October ...
Ethereum (ETH) has been consolidating for 60 days. Is the $3000 level reachable?
Currently, Ethereum (ETH) has been trading in a sideways range for 61 days. Let's analyze whether there is a possibility of a breakout. Ethereum faced significant resistance and failed to overcome it. On the weekly timeframe, ETH has been on an upward trajectory since June 2022. Dur ...
Will Solana (SOL) be able to break above $100 in February?
Solana experienced a bullish breakout from the channel. The daily timeframe indicates that SOL has been in a downward trend within a descending parallel channel since December 25, 2023. On January 23, the price dropped to a low of $79. Following this, Solana saw a rise and broke out of ...
Chinese police liquidated a crypto pyramid with an asset turnover of $280 million
Law enforcement officials in Chifeng, a city in Inner Mongolia, China, have successfully resolved a case involving a pyramid scheme linked to a cryptocurrency platform, with investors collectively contributing $280 million to the fraudulent scheme.The police have chosen ...
Hudson Rock: Hackers gained access to the Kodex Global portal and crypto exchange client databases
In a recent discovery, cybersecurity analysts at Hudson Rock have uncovered an advertisement on the dark web offering access to the Kodex Global portal for a price of $5,000. This portal facilitates the exchange of confidential information between security services of major cryp ...
Chainlink (LINK) hits a 2-year high. When to expect a $20 breakout
Chainlink's price has been rising rapidly over the past two weeks, reaching a peak of $19.75 today. This increase is seen as a breakout from a long-term horizontal range. The weekly timeframe shows that LINK has experienced rapid growth since June 2023, with a consolidation period inside t ...
Top 5 Altcoins to Watch in February
January became a controversial month for the crypto market. It started with a sharp rise, followed by a reversal on January 14. Five Altcoins Below Could Get Involved in February. Horizen (ZEN), Radiant Capital (RDNT), Injective (INJ), Beldex (BDX) and SKALE (SKL) are all altcoins facing ...
What will happen on the crypto market in February: top 3 predictions
February witnessed a rollercoaster ride for the cryptocurrency market, with Bitcoin (BTC) being the center of attention. The experts at BeInCrypto have analyzed the market and provided their forecasts for the month. Bitcoin (BTC) predicted to dip below $40,000 After reaching a peak ...