Recently, the Solana network has been experiencing congestion issues, causing significant delays in transaction processing and a high rate of transaction drops. Users, including those of the popular Phantom wallet app and other applications on Solana, have been alerted to the congestion, warning of prolonged transaction wait times. The congestion primarily stems from a surge […]
BNB Price retest $635 resistance level BNBUSD Price Analysis: 12 April If buyers can break over the $635 resistance level while holding onto the $544 support level, they might be able to take on the $674 and $710 resistance levels. If BNB goes below the crucial $544 barrier and $635 holds, it will test the […]
After price action in the Cronos daily market was able to sustain trading above the $0.1400 mark (a multi-month resistance), the market has again picked a target at a higher but nearby resistance. Let’s examine the chances of price action surpassing that mark, as it may open the door for more upside corrections. CRO Statistics: […]
Market Analysis – April 12 The USDJPY currency pair has recently surpassed the critical resistance level of 152.0, marking a significant development in its price trajectory. Despite encountering persistent resistance at this level, characterized by diminished volatility and price stagnation, recent market activity has shown a noteworthy shift. A symmetrical triangle pattern has prominently formed […]
Meme coins have been highlighted by Santiment as emblematic of the speculative asset growth dominating the crypto sector in 2024. The resurgence of Bitcoin (BTC) to $70,000 has propelled meme coins to higher values, establishing them as the most lucrative category among altcoins. Santiment tweeted that despite their perceived lack of utility and the crypto […]
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SPONGEUSDT is going higher SPONGEUSDT Price Analysis – 11 April If the bulls are unable to break above the $0.000577 level, the cryptocurrency may have a bearish reversal and fall below the support levels of $0.000500, $$0.000455, and $0.000400 price levels. SPONGEUSDT may rise as high as $0.000695 and $0.000886, respectively, if the bulls are […]
Investors eagerly await the U.S. Securities and Exchange Commission’s (SEC) decision on Ethereum-based Exchange-Traded Funds (ETFs), with several proposals under review. The deadline for the SEC’s decision on VanEck’s proposal is May 23, followed by ARK/21Shares and Hashdex on May 24 and May 30, respectively. Initially, optimism surrounded the approval chances, with analysts estimating a […]
Market Analysis – April 11 The AUDJPY market maintains its bullish momentum, exhibiting a notable breakthrough of resistance levels. This bullish surge successfully confirms the pattern of an ascending triangle on the daily chart, demonstrating strong conviction for the continuation of the uptrend. Key Levels for AUDJPY: Demand Levels: 98.30, 96.90, 95.50 Supply Levels: 100.80, […]
Silver market is testing $28 level SILVER Price Analysis – 11 April If there was strong buying demand, and the price breach of $28 would aim for the $29–30 region. If sellers can hold the $28 price level and the $27 support level is broken, silver’s price may fall and test the $26 and $25 […]
