Tag: Price

PENGU Price Dip Provides Buy Opportunity

Key Notes PENGU sees growing market presence, with Route 2 FI calling it a serious Dogecoin rival due to its strong community. PENGU price could see another 20% drop before bouncing back for a potential upside rally. ETF application and SEC review boost credibility, signaling potential institutional adoption and greater legitimacy for PENGU. Pudgy Penguins’ native cryptocurrency PENGU PENGU $0.0316 24h volatility: 4.6% Market cap: $1.98 B Vol. 24h: $382.87 M , has been in the limelight recently. Despite a 17% PENGU price drop over the past week, analysts are…

Dogecoin Faces 51% Attack Threat, Price Under Pressure

Key Notes The community selected Dogecoin as its next target through a public vote while framing the attacks as “stress tests” of its useful proof-of-work model. The Monero incident caused Kraken to halt deposits and reignited concerns over the security of proof-of-work systems. Amid Grayscale filing for a spot Dogecoin ETF, analysts predict a 170% breakout in Dogecoin price to $0.6533. Following the 51% attack on privacy blockchain Monero last week, the latest chatter is that the Qubic community is now targeting Dogecoin. Sergey Ivancheglo, the project’s founder, announced the…

Two Scenarios Map Out Bitcoin Price Crash After Recovery

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After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible scenarios for the pioneer cryptocurrency, with both ending in bearish reversals toward established local peaks. Lower Trendline Break Points To Bearish Developments The analysis highlights the two possible directions that the Bitcoin price could be…

Ethereum Price Pulls Back Again, Will Buyers Step In at Critical Levels?

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Ethereum price started a downside correction below the $4,650 zone. ETH is showing some bearish signs and might decline toward the $4,180 support zone. Ethereum started a fresh decline below the $4,650 and $4,620 levels. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,250 zone in the near term. Ethereum Price Dips Further…

Bitcoin Price Extends Losses, Can Buyers Prevent a Major Breakdown?

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Bitcoin price is trimming gains and trading below $120,000. BTC is now showing some bearish signs and might decline below $115,500 zone. Bitcoin started a downside correction below the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There was a break below a key declining channel with support at $116,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,500 resistance zone. Bitcoin Price Dips Further Bitcoin price traded to…

Bitcoin Price To Face Selling Pressure Over Next 1-2 Weeks — Here’s Why

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The Bitcoin price appeared to have resumed its bull run as it ran up to a new all-time high on Thursday, August 14. However, this positive momentum was short-lived, as the premier cryptocurrency crashed from the unprecedented high of $124,000 down to around $118,000. The Bitcoin price has struggled to reignite this bullish run over the weekend, hovering in and around the $118,00 level for the majority of Saturday, August 16. The latest on-chain data suggests that this price sluggishness might persist over the next few weeks. Bitcoin Netflow On…

Bitcoin Price Holds Steady Around $118,000 — Here Are The Next Crucial Levels

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Dogecoin Price Forecast: DOGE Open Interest Nears $4B After Grayscale’s Latest ETF Update

Key Notes Grayscale files S-1 for spot Dogecoin ETF, expanding institutional push into meme coins. DOGE open interest rises 7.3% to $3.7B despite 42% trading volume decline. Price holds near $0.23, rangebound after testing $0.24 resistance on Sunday. Dogecoin (DOGE) extended its recent winning streak into Sunday, August 17, touching $0.24 in intraday trade and on course for its third consecutive day in profit. Dogecoin’s ongoing price rally has coincided with Grayscale’s filing of an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin…

Chainlink Price Analysis: Ethereum Whale Swaps 4,806 ETH as LINK Nears 2025 Peak

Key Notes Chainlink price surged 14.7% to $26 on Sunday, marking its highest level since February 2024. An Ethereum whale converted 4,806 ETH worth $21.25 million into 938,489 LINK, signaling strong expectations of further upside. Chainlink price is now up 73% from its monthly low of $15 recorded on Aug 3, boosted by institutional adoption after a partnership with ICE to deliver real-world forex and metals data on-chain. Chainlink (LINK) led the weekend’s mega-gainers, rising 14.7% on Sunday to reach the $26 mark for the first time since February. The…