The price of Binance Coin (BNB) has displayed resilience by not dipping below its previous low and instead is indicating a strong possibility of an upward trajectory. Following a period of downward movement, the native token of the Binance Smart Chain seems poised for a bounce back towards its previous high. To forecast the potential
Analysis
Uniswap’s native token, UNI, has faced challenges in terms of its price action in recent weeks. The overall state of the crypto market may be a contributing factor, but other issues, such as the Wells Notice from the US Securities and Exchange Commission (SEC) to the Uniswap protocol, have also impacted UNI’s price performance. Despite
Gavin Wood, the founder of the Polkadot protocol, recently announced the Join-Accumulate Machine (JAM) upgrade for the network during the Token2049 crypto conference. The upgrade aims to replace the relay chain with a more modular and minimalist design, allowing Polkadot to run generic services and increase network stability. Additionally, the JAM upgrade will support existing
BNB price is currently attempting a fresh increase from the $515 zone. The price could potentially gain bullish momentum if it manages to clear the $572 resistance zone. After starting a fresh increase from the $515 support zone, the price is now trading below $555 and the 100 simple moving average (4 hours). There was
Chainlink’s LINK price has recently retested the $12.00 support zone, indicating a possible shift in market sentiment. This retest could provide an opportunity for a recovery wave above the $13.50 and $15.00 resistance levels. However, the current bearish signs below the $15.00 resistance against the US dollar suggest that there may be further downside potential.
Ethereum’s price is currently facing numerous obstacles, particularly near the $3,200 mark. Despite multiple attempts, ETH has been unable to break through this crucial resistance level. The inability to surpass this price point is a cause for concern, as it could potentially trigger a significant downturn in the value of the cryptocurrency. Looking at the
Crypto analyst Crypto Egrag recently shared an update on his analysis, accurately predicting XRP’s significant price decline. Now, he has made a new prediction for the crypto token’s next move, suggesting a potential increase of up to 3000%. This bold assertion has garnered attention in the crypto community, sparking discussions and debates about the future
Solana, a popular cryptocurrency, recently experienced a significant decline in its price, dropping to as low as $110. The SOL price is currently in the process of correcting its losses, with resistance levels nearing $160. The bearish momentum that Solana encountered led to a decline below $150 against the US Dollar, resulting in the price
The recent decline in Bitcoin price amid the Israel-Iran tensions has raised concerns among investors and analysts. The dip in price below the $70,000 level has sparked a wave of uncertainty in the cryptocurrency market. This article aims to provide a comprehensive analysis of the current situation and the potential future movements of Bitcoin price.
The cryptocurrency market is currently experiencing a bearish trend, with coins like Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others all caught in this downward movement. AVAX, in particular, is facing a strong bearish move below the 100-day Moving Average (MA) and is likely to continue in this direction for the foreseeable future. Looking at