Author: Brenda Mary

Binance Coin (BNB), the native token of one of the world’s biggest cryptocurrency exchanges, Binance, has always been on a steady rise in the crypto market. The latest data put BNB at around $594, indicating an insignificant growth of 0.61% over the past 24 hours. It is obvious that this coin steadily gains in value as it lingers just below the $600 psychological level which can push it to greater heights. The price of BNB has also been known to maintain a narrow range inside the area of $590 while experiencing minor retraces and recoveries pointing towards strong demand at…

Read More

Cardano (ADA) demonstrated remarkable resilience, holding firm at $0.33 and then soaring by 33.7% to a trading price of about $0.44. Consequently, this latest price action led to a huge surge in market capitalization making it touch $15.8 billion. After taking an insignificant hit over the past day when ADA fell 4.42% to $0.421, there appears to be some cautious optimism surrounding the overall momentum as the cryptocurrency attempts to clear key resistance levels. Cardano ADA is currently facing resistance below the crucial 200-day Exponential Moving Average (EMA) and remains challenged by market volatility, recently dropping by 4.42% over the…

Read More

Shiba Inu (SHIB), the popular meme coin, has lately shown a remarkable recovery from a major technical level of 0.5 Fibonacci retracement, as its trading volume over the last 24 hours stands at $952,401,410. SHIB is currently exchanging hands at $0.000017 which represents a slight decline of 0.93% today. This movement is important because it illustrates the strength of SHIB despite uncertainties in wider markets. Recent Shiba Inu trading sessions have involved different support and resistance levels. A potentially consolidative or even preparatory phase for an upward move looks likely according to SHIB’s recent price action after a strong rebound…

Read More

Toncoin (TON) has traded relatively range-bound and still holds a strong presence in the crypto market. At present, TON trades at $7.30 with a volume of $202,121,638 per day and has managed to attain a meager growth of 1.41% over the last twenty-four hours. However, investors remain cautious as Toncoin continues to face constraints internally and externally. Market Positioning of TON: A Contrast With Other cryptocurrencies Toncoin’s price behavior contrasts with that observed within the broader cryptocurrency space which witnessed significant volatility. TON has been more stable due to an earlier rally that occurred while other cryptos were correcting their…

Read More

Pepe Coin ($PEPE) has been on an upward trend for the last week, increasing by 30%. This rally underlines growing investor interest and elevated market activity in the meme coin space. PEPE is currently trading at around $0.0000119 with a 24-hour volume of $924,150,120, indicating that it has declined by about 1.73% in the last day. The wider crypto-market also saw positive moves with Bitcoin up over 11% to cross $64k setting positive grounds for meme coins. PEPE Consolidates Within $0.0000090-$0.00001257 The price of Pepe Coin has been consolidating since July 5th, trading between the range of $0.0000090-$0.00001257, and further…

Read More

Toncoin (TON) has had a bearish week of trading, which was characterized by significant price fluctuations. Currently, TON is trading at $7.32 having been resisted at $8.16 and backed to support level at $6.16. It is now worth mentioning that the coin’s 24-hour trading volume stands at $265,683,144 with a reported decrease of 1.93% in the last 24 hours. This includes price movements in consolidation since mid-June. Toncoin Consolidated Within a Narrow Range Toncoin’s price chart on the other hand shows that it has been consolidating since mid-June with prices oscillating between resistance level of $8.16 and support level of…

Read More

Bitcoin (BTC) has shown a remarkable upward trend, almost reaching the $65,000 mark. Currently trading at $63,746.32, Bitcoin has seen a 1.75% increase in the last 24 hours, supported by a robust trading volume of approximately $39.99 billion. This rise is part of a broader positive sentiment in the cryptocurrency market, which has generally performed well over the past day. BTC Recovers From Lows of $53,905,Targetting $60,000 Bitcoin’s price movements suggest that it was testing important resistance levels close to $65,000. This became a psychological barrier as Bitcoin aimed at piercing through it but then encountered some selling pressure. Nonetheless,…

Read More

Solana’s recent price action has seen it surpass the $150 threshold, a notable achievement that underscores its current market strength. The next significant resistance lies at $160, which if breached, could pave the way towards $175. This level serves as a crucial juncture for Solana, where its ability to maintain momentum or face a slight pullback will be tested. Traders are advised to monitor these levels closely as they could dictate the short-term market direction. Solana Crosses the $150 Level: Poised for Potential Breakout Towards $175. Solana is trading above its 50-day and 100-day moving averages, indicating a strong bullish…

Read More

Bitcoin price analysis indicates that BTC is facing macroeconomic shifts and significant market events, forming a bullish sentiment. At the moment, ranging between $54,000 and $60,000, the price’s trajectory is influenced by different factors including German government Bitcoin sell offs and potential US Ethereum ETFs. Experts are weighing in on Bitcoin’s current state, particularly concerning short-term holder (STH) losses. According to seasoned analyst Laura Shin, this is just another one of those times when things seem like they’re going wrong but don’t necessarily mean everything will crash again. Shin notes that the present market structure is much stronger than before…

Read More

TON, the native token of The Open Network (Ton) Coin, has recently been in a period of consolidation around $7.34 hinting at a possible breakout soon. Toncoin is vital as the wider cryptocurrency market bounces back because it has incorporated several technological advancements and strategic moves for instance TON Applications Chain (TAC) and a newly launched startup accelerator among others. These developments are set to improve the ecosystem and enhance widespread adoption. The price movement of Toncoin since then indicates consolidation which means uncertainty between sellers’ and buyers’ forces. The coin is currently trading slightly below the $7.43 resistance level…

Read More