Ripple sees off 2023, torn between rebound and fall
Ripple is currently trading above a significant horizontal support level. When analyzing the weekly timeframe, it is observed that XRP has been following an ascending support line since May 2022. In July, the Ripple coin experienced a bullish breakout of a crucial horizontal area, resu ...
Will Dogecoin (DOGE) Rally as the Number of Addresses on the Network Grows?
Dogecoin broke through long-term resistance The price of the popular memcoin DOGE has been moving along a long-term downward resistance line since April 2021. In June 2022, this decline brought the token to a low of $0.049. After this, the price rebounded and made several unsuccessf ...
Chainlink (LINK): Bulls are in control, $20 looms on the horizon
Chainlink recently achieved a new annual high, indicating positive market performance. The weekly chart illustrates a price increase following a dip to $4.90 in June. Initially, the token struggled to overcome the long-term descending resistance line (red icon). However, in September, LINK ma ...
BNB targets new yearly high after breaking above $300
This week, the price of BNB has experienced a significant increase of nearly 20%, bringing it close to its highest point of the year. This surge marks the largest intraweek gain seen since 2021.BNB has successfully broken through a long-standing resistance levelThe weekly chart clea ...
Polygon (MATIC) broke above $1 for the first time in 250 days. Will the price reach $2?
The Polygon (MATIC) token price surged above $1 today, making a significant bullish breakout. It is currently in the process of breaking through a 730-day descending resistance line that has been present on the chart since its all-time high.In December 2021, MATIC reached an all-tim ...
The most successful scammers 2023: top largest solved cases of crypto scam
Towards the end of 2023, the US Tax Administration (IRS, Internal Revenue Service) released a report revealing the ten biggest scams uncovered in the past year, with four of them being related to cryptocurrencies. OneCoin – it’s never too late to learnStarting from the ...
Will Shiba Inu (SHIB) find its footing after burning 7.5 million tokens?
Shiba Inu has successfully broken above a key resistance level, signaling a bullish trend. The weekly timeframe shows a steady rise in price since June, with an acceleration after forming a rising low in October. The breakout above the descending resistance line and the close above the horizo ...
Will Solana (SOL) Continue to Outperform Ethereum (ETH) in the New Year
What's driving the surge in Solana prices? Solana (SOL) has emerged as the top-performing cryptocurrency in recent times, surpassing Binance Coin (BNB) in terms of market capitalization. This rise in SOL's value can be attributed to the growing interest in the Solana ecosystem and its tech ...
Ethereum: This signal could cause ETH to rise by 100% again
Ethereum has surpassed a significant resistance level that has been in place for 550 days, indicating a bullish breakout. The weekly chart reveals that Ethereum has been steadily rising along an ascending support line since May. In October, this trend line was tested, marked by a green icon. Foll ...
Will Bitcoin (BTC) be able to reach $50,000 before the end of 2023?
Bitcoin surpassed significant resistance levels and closed above them, indicating a positive outlook for the cryptocurrency. Its price has been steadily increasing throughout the year, recording a 160% rise and reaching a new yearly high of $44,700 on December 8th.However, there is som ...