Cardano (ADA) has reached a local bottom. A rebound in the direction of $1 is possible
Cardano is attempting to stage a recovery after a recent decline. On the weekly timeframe, ADA has been trading within a horizontal range since November 2022, with repeated tests of support and resistance levels. However, in October 2023, the price started to move upward quickly, breaking out ...
Bitcoin (BTC) fell below $43,000: exploring the consequences of “selling on news”
Bitcoin formed a bullish candle The monthly timeframe shows that the price has been steadily increasing throughout the year. After overcoming multiple resistance levels, BTC continued its upward trajectory. The price surge led to a new all-time high of $60 thousand on February 20, ...
Ukrainian citizen arrested on suspicion of hidden mining for $2 million
In a collaborative effort between the National Police of Ukraine and Europol, a 29-year-old Ukrainian national has been apprehended for his alleged involvement in organizing a cryptojacking operation that generated over $2 million in illicit profits. The arrest took pla ...
Cardano (ADA) is gaining momentum. This level could be the next one
Cardano breaks out of its long-term trading range In November 2022, Cardano entered a long-term horizontal range, and over the months, it was tested repeatedly for strength. However, in October 2023, ADA started a rapid upward movement and broke out of the range the following month, ...
Ethereum (ETH) hit a 620-day high. $3,000 on the radar
Comparing Ethereum and Solana In a conversation with BeInCrypto, Slater Hale, CEO of Composable Corp and head of Blueberry Protocol, discussed the differences between Ethereum and Solana. He highlighted that one factor contributing to Solana's stronger performance in 2023 is its larger pri ...
Avalanche (AVAX): After a strong 2023, the new year is off to a rocky start.
AVAX has fallen below the $50 mark, signaling a retreat from its previous highs. The cryptocurrency experienced a significant surge in value over the past few months, with a 500% increase in just 90 days. However, it has since experienced a bearish breakout and reached a low point of $31.20 o ...
Arbitrum (ARB) grew by 60% in January and targeted $3
The Arbitrum project token, a second-level (L2) blockchain, has recently achieved a new all-time high after breaking through its previous record. Since September 2023, the token has been following a parabolic ascending support line, which has been tested multiple times. After successfully bre ...
Litecoin (LTC): Will the 570-day support last?
Litecoin returned to support The weekly timeframe shows that LTC price peaked at $115 in July 2023 and has been declining since then. As a result, in August it sank to a minimum of $56. After a brief bounce and subsequent decline, Litecoin formed an increasing low (green icon) last ...
Is Bitcoin tough to hit the $50,000 mark in anticipation of the launch of the BTC-ETF
Bitcoin surged above $47,000 In recent weeks, the price of BTC has been on a steady upward trajectory, reaching an impressive high of $47,248 today. Additionally, Bitcoin broke through the 0.5 Fibonacci retracement level and is now approaching the 0.618 level, coinciding with a sig ...
Will Polygon (MATIC) break above the $1 round mark?
Polygon examined above long-term resistance levels The price of MATIC has been gradually declining below a descending resistance line since December 2021, when it reached its highest point at $2.90. This decline was quite rapid, with the token hitting a low of $0.32 in June. Despite ...