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Why the $100 area could be critical to the Solana (SOL) trend
Solana recently experienced a bullish breakout from a corrective pattern. On the daily timeframe, the price reached a high of $126 in December 2023 but started declining in a descending parallel channel. On January 23, 2024, the token hit a low of $78. However, it has since rebounded and has ...
Cardano (ADA) Fall: Short-Term Pullback or Sign of Long-Term Problems
Cardano experiences a decline in price following multiple pullbacks. The weekly chart reveals that ADA has been experiencing significant growth since October 2023. However, despite numerous attempts, it has been unable to break out of a critical horizontal resistance area that has been pre ...
The creators of the crypto-investment application India SEBI were detained in India
In a surprising turn of events, police in the Indian state of Odisha have apprehended a group of foreign nationals who are now facing allegations of defrauding individuals of more than $1.8 million through cryptocurrencies.These individuals, who hail from Cambodia, had ...
The Estonian Ministry of Justice extradites two Russian-speaking crypto businessmen to the United States
The Estonian Ministry of Justice has announced its decision to extradite Ivan Turogin and Sergei Potapenko to the United States following their previous detainment. The two businessmen are facing accusations from American authorities related to cryptocurrency fraud and money lau ...
Ethereum (ETH) Must Pass Crucial Test and Hold Above $2,200 Support
Ethereum's trajectory has taken a downward turn The weekly timeframe reveals ETH's ascent along an upward support line since July has been lost. The most recent rebound from this trend line occurred in October 2023 (green icon), and it spurred accelerated growth. This subsequent upw ...
Under what conditions is the price of Dogecoin (DOGE) at risk of falling by 30%
Dogecoin can't break through to the north The daily timeframe shows that DOGE has been trading inside an ascending parallel channel since June 2023. In December, the price made a bullish breakout from it, reaching a high of $0.108. However, in early January, Dogecoin fell back insi ...
Bitcoin (BTC) dropped below $40,000. When to expect a rebound
Bitcoin forms a bullish candlestick pattern on the weekly timeframe, indicating a potential trend reversal. The price of BTC has been steadily rising since early 2023, reaching a high of $48,969 following the approval of a spot Bitcoin ETF. This high was reached near the 0.618 Fibonacci retra ...
Chainalysis: Profits of North Korean hackers from hacking are noticeably decreasing
In a groundbreaking report by Chainalysis, it has been revealed that North Korean hackers managed to pilfer a staggering $1 billion worth of cryptocurrencies in the previous year, and an astonishing $1.7 billion in virtual assets in 2022. This report suggests that the p ...
Cardano (ADA) price started 2024 with a 25% drop
Cardano Sellers Are Dominating The weekly timeframe reveals that ADA's price has been rapidly increasing since September 2023. The growth reached its peak in December with a new annual high of $0.68. However, instead of sustaining the rally, the price formed multiple long top wicks ...
Ripple (XRP) fell below key support at $0.55. Where is the bottom?
Ripple dipped below its support level, indicating a downward trend in the daily timeframe. Since July 2023, the coin's price has been decreasing along a descending resistance line, with the line causing several price rebounds, the most recent one occurring in December. However, the token's de ...