Bitcoin (BTC) Forms Bearish Candle and Breaks Short-term Pattern
Bitcoin (BTC) fell sharply, forming a bearish candle from last week and making a bearish breakout from a short-term pattern As thought, bitcoin formed a local top and triggered a significant correction. However, yesterday BTC began to rebound. Here's how it could affect the long-term dynamics ...
Ripple’s XRP Exchange Rate Analysis: Possible Market Reversal Ahead
The Ripple (XRP) exchange rate declined noticeably on April 19 after rebounding from an important resistance area. However, the formation of the bottom may determine the market reversal. The native token project Ripple (XRP) broke through a downward resistance line on March 21 and rose. On March ...
Binance Coin (BNB) Aims for Bullish Breakout: Technical Analysis
The BNB exchange rate is trading near an important horizontal resistance area. Her breakthrough could appreciably accelerate the growth rate of Binance's native coin exchange The cryptocurrency market sagged last week, but BNB, the native token of leading cryptocurrency exchange Binance, did not ...
Genesis Capital Faces Setback as Creditors Renounce Old Claims
Genesis Capital's creditors have recently made new demands, renouncing previous agreements and claims in the bankruptcy court. This has resulted in the delay of executing the court-approved damages plan, which would have provided the injured party with compensation equal to 80% of the lost funds. ...
Litecoin (LTC) Technical Analysis: Bearish Signals and Potential Support Levels
Litecoin (LTC) has experienced a significant rebound from long-term horizontal resistance and recently broke through the diagonal support level, causing some concern regarding its price trajectory. The current decline has made it difficult for the price to find support, leaving investors wonderin ...
Terraform Labs Co-Founder and Employees Accused of Violating Capital Markets Laws
South Korean officials have leveled accusations of capital markets law violations against a group of Terraform Labs personnel, including co-founder Daniel Shin. Along with seven others, Shin faces charges of illegal trading, while two others are charged with breach of trust. According to prose ...
Technical Analysis: Shiba Inu (SHIB) Exchange Rate Threatened by Bearish Breakout
The Shiba Inu (SHIB) exchange rate maintains a long-term pattern, but the shorter-term price structure is threatened by a bearish breakout. The popular meme coin SHIB, created by the Shiba Inu project, is an ERC-20 format token and one of the main rivals of Dogecoin. As the results of the tech ...
Venezuelan Crypto Companies Forced to Cease Activities Due to Corruption Investigation
The authorities in Venezuela have issued a stern warning to cryptocurrency companies, insisting that all their activities come to a halt until further notice. This move comes in light of a massive corruption scandal that could potentially involve the leak of up to $20 billion from the country. ...
Bitcoin Onchain Metrics Signal Potential Rebound Despite Investor Confidence at Monthly Low
In April, bitcoin (BTC) recovered above $30 000 for the first time in 10 months, but has already rolled back 10%. However, a number of onchain metrics are giving bullish signals. This could bode well for a quick turnaroun Bitcoin (BTC) lost 10% in the last week, but onchain indicators suggest tha ...
Is a Bearish Breakout Imminent for Polygon (MATIC)?
The Polygon (MATIC) rate has been losing ground since February and reached the support of a long-term pattern, which has been holding back the price since June 2022 A bearish break of the long-term bullish structure will be a negative signal for MATIC. Will the price ...