Bitcoin has been crashing with the advent of the new week, spurred on by uncertainties that surround the growing conflict in the Middle East. There has also been a lot of negativity in the crypto market, with expectations that the…
Category: Crypto Analysis
Analyst Warns: Strategy On Track For Historic Collapse, Bigger Than FTX
In a bold and alarming statement, on-chain analyst OxChain raised the possibility of a catastrophic collapse involving Strategy (formerly MicroStrategy), the Bitcoin proxy firm co-founded by Michael Saylor. According to OxChain, this potential downfall could surpass the infamous collapse of…
SUI Preparing For New Highs As Falling Wedge Breakout Targets $5
After falling below the key $3.00 mark, SUI now retests a make-or-break level that could ignite or stall the cryptocurrency’s rally. However, some market watchers believe that the altcoin is preparing for new highs despite the recent pullback. SUI Eyes…
Solana Plunges 13%: Can Key On-Chain Support Stop The Fall?
Solana has declined by around 13% in the past week, which has brought the asset back to a major on-chain support cluster. Could this be where the bleed ends? Solana Has Strong On-Chain Support Between $145 & $147 In a…
Ethereum Stalls at $2,500, But Is a $4,000 Breakout Closer Than You Think?
Ethereum has struggled to maintain upward momentum following a brief rally that pushed its price above $2,800 last week. Currently, ETH is trading at $2,511, reflecting a 9.4% decline over the past week. This retreat comes amid a broader period…
Iran’s Top Crypto Hub Loses $82 Million To Hackers With Israeli Links—Details
An onchain investigator has flagged a major breach at Iran-based Nobitex, where hackers made off with more than $81 million in digital assets. Based on reports from blockchain sleuth ZachXBT, at least $81.7 million was moved out of the exchange’s hot wallets…
XRP Price Clings to Support — Recovery Hopes Hinge on Holding the Line
XRP price started a fresh decline below the $2.150 zone. The price is now consolidating losses and might recover unless the bears push it below $2.120. XRP price started a fresh decline below the $2.180 zone. The price is now…
Dogecoin (DOGE) Struggles to Climb — Upside Moves Likely to Face Strong Resistance
Dogecoin started a fresh decline from the $0.1820 zone against the US Dollar. DOGE is now consolidating losses and might recover if it clears $0.1750. DOGE price started a fresh decline below the $0.1820 and $0.180 levels. The price is…
Dogecoin Looks Like ‘It Wants To Play Dead’—Again
In the late-cycle quiet of mid-June, veteran market technician Tony “The Bull” Severino, CMT, posted a monthly Dogecoin (DOGE) chart that suggests the meme-coin’s exuberant bark might be fading into a tired whimper. The 1-month candle view, published on TradingView…
Ethereum Price Faces Downward Pressure — More Pain Before a Bounce?
Ethereum price started a fresh decline below the $2,620 zone. ETH is now consolidating losses and remains at risk of more losses below $2,500. Ethereum started a fresh decline below the $2,600 level. The price is trading below $2,540 and…