Category: Other Crypto News

Dogecoin (DOGE) Eyes Acceleration: Will It Climb Higher?

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Dogecoin started a fresh increase from the $0.0985 support against the US Dollar. DOGE could gain pace if it clears the $0.1085 resistance. DOGE price is eyeing an upside break above $0.1085. The price is trading above the $0.100 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1030 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could rally if it clears the $0.1060 and $0.1085 resistance levels. Dogecoin Price Rises Again After…

Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?

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Este artículo también está disponible en español. Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price versus Bitcoin (BTC). At press time, the trading pair is exchanging hands at 0.038, its lowest level in three years. Related Reading Compared to some of the other…

XRP Price Nears $0.60: Is A Major Pump Imminent?

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XRP price is again moving higher above $0.580. The price could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels. XRP price remained supported near the $0.5700 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $0.5720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels. XRP Price Eyes Upside Break…

Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength

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Este artículo también está disponible en español. Ethereum price started a fresh upward move above the $2,335 resistance. ETH is now aiming for more upsides above the $2,420 resistance. Ethereum started another increase from the $2,280 resistance. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,420 resistance to continue higher in the near term. Ethereum Price Aims Higher Ethereum…

Are The Big Players Losing Interest?

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Este artículo también está disponible en español. Ethereum (ETH) holders appear to be adopting varying strategies amid ongoing market uncertainty, latest data from CryptoQuant shows. Particularly, according to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Darkfost,’ a noticeable shift in ETH’s investor behaviour is taking place. So far, larger holders of Ethereum and smaller retail investors are exhibiting signs of inactivity, while mid-sized holders show a measured increase in their holdings. This divergence in strategies among these market participants may provide insight into Ethereum’s market sentiment, especially…

Bitcoin Price Surges After Fed Rate Cut: New Rally Ahead?

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Este artículo también está disponible en español. Bitcoin price started another increase above the $60,500 resistance. The Fed reduced rates by 0.50%, sparking a bullish wave in BTC toward $62,500. Bitcoin is gaining pace above the $60,200 resistance zone. The price is trading above $60,500 and the 100 hourly Simple moving average. There was a break above a short-term declining channel with resistance at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the $60,500 support zone.…

NEIRO Meme Coin Minting Millionaires, Whales Accumulating: Is This The Start Of The Bull Run?

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First Neiro on Ethereum (NEIRO), a meme coin, is one of the top performers this week. Over the last seven days alone, the token has soared over 332X, pushing its total market cap over the $341 million mark–a testament to a token that several weeks back was struggling to break the $100 million level. NEIRO Surging After Binance Listing According to trackers, NEIRO is up 109% over the last day, increasing due to rising trading volume. Technically, the underlying momentum is strong whenever a combination of rising prices and engagement…

Fractal Suggests Major Breakout In Q4

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Este artículo también está disponible en español. Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level. Although these concerns were eased with a subsequent bounce to $2,460 on September 13, Ethereum remains largely in a downtrend, with a triple-bottom price formation now shaping up. Interestingly, this triple bottom formation is not new for Ethereum. As technical analysis points out, the current price action seems to repeat a similar playout in mid-2021.   Ethereum Fractal…

Solana (SOL) Could Crash 40% If It Stays Below $140 – Top Analyst Shares Insights

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Este artículo también está disponible en español. Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana’s inability to keep up with the market’s recent surge.  Related Reading Some analysts are even predicting a deep retrace to its yearly low of around $78 if the price continues to lag. Despite holding relatively well during Bitcoin’s and other altcoins’ earlier crashes, Solana’s current price…

SUI Climbs 36% Amid Bullish Breakout – Is $1.50 The Next Target?

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…