Shiba Inu (SHIB) has recently retraced, reflecting a broader downtrend within the cryptocurrency market. Currently, Shiba Inu is trading at $0.000021, with a significant 24-hour trading volume of $473 million. The price has dipped by 3.72% in the last 24 hours, underscoring the market’s risk-averse sentiment. The recent pullback in SHIB’s price aligns with the global crypto market’s cautious approach, as investors are likely to reduce exposure to high-risk assets. This careful behavior is mirrored in SHIB’s struggle to maintain upward momentum, with the token now testing critical support levels. The asset’s movements are also heavily influenced by global economic…

Bitcoin (BTC) has recently retraced sharply and failed to hold above $70,000. The price has decreased by 1% in the last 24 hours, slightly below $67,000. However, there are still some challenges that affect BTC as it struggles to recover as shown below. Bitcoin  BTC faced resistance at the $72K to $73K level, which it has failed to break in the last four months. This resistance has emerged as one of the most important levels of interest for traders. According to the 24-hour chart, the price is bearish and could not sustain the upward movement above $67K, indicating a bearish…

The cryptocurrency market has experienced fluctuations, with TRON (TRX) currently facing significant bearish pressure. TRON has recently slipped below critical support levels, now navigating precarious territory that could lead to further declines if the current sentiment persists. The price of TRON has been on a downward trend and has crossed major support levels at $0. 0260 and $0. 0252, which is below the crucial $0. 0250 mark. This descent puts TRON in a situation where the possibility of falling towards the $0. 0245 or even $0. 0242 support levels is high. On the other hand, for TRON to stabilize and…

Bitcoin has recovered from the recent lows and is now trading at $67,910. 84, which shows an improvement in the market sentiment as compared to the previous week. This recovery, which is indicated by a 1. 81% comes after a sharp decline that saw Bitcoin trading at around $66,000. This upturn indicates that the buyers are becoming more active at the lower price points, which may indicate that the market is stabilizing. BTC technical analysis shows that the two key support levels that have been recently active are $67,300 and $66,300. These levels are significant as they may define the…

Uniswap (UNI) is currently navigating through a turbulent market, with its price recently dropping to $9.36. This represents a 5.17% decrease over the last day. The cryptocurrency is testing crucial support near the $9.30 mark, a pivotal area that has historically acted as both support and resistance. If this level fails, UNI could see further declines, possibly approaching the next support at $8.40. The trading volume for UNI has seen a remarkable increase, surging 120.66% to reach $393,622,190. This uptick in volume highlights significant trader interest and activity at current price levels, suggesting that many are reacting to the price…

Over the last 24 hours, the price of Binance (BNB) has seen a minor correction to below 680, with its price slightly above 1.48% to $678.42. Meanwhile, its market capitalization is $100,110,392,396, whereas its 24-hour trading volume dropped by 29.64% to now $1,916,124,696. As the price chart shows, during the same day, one may see some ups and downs, and there was even a peak point at the level of $687.9029, while in the first hours of June 9, it went significantly downwards. After this, BNB showed no sharp volatility; it remained near $680. The circulating supply is 147,564,486 BNB…

The live Cardano price today is $0.442462 with a 24-hour trading volume of over $872 million, marking a decline of 5.33% in the last 24 hours. Despite this downturn, ADA’s current trading price of $0.44 represents a 40% decline over the last three months, setting a stage for potential bullish momentum as suggested by notable crypto analysts. Weekly and Daily Chart Analysis Cardano’s technical analysis reveals intriguing patterns that might hint at upcoming movements. The weekly chart shows ADA oscillating between the 20-week and 50-week moving averages. This type of consolidation is often seen in previous cycles following Bitcoin’s halving…

Floki has been trading slightly lower in the last 24 hours. The price of Floki is currently at $0. 0003202, reflecting a 2.2% down from the previous day. The market cap is $3. It has a market capitalization of over $6 billion, making it the 37th largest cryptocurrency. The trading volume within 24 hours is $816—69 million, which is 48% more than the previous year. The trading volume has reduced by 21% compared to last year. On the daily chart, Floki’s price is volatile starting from $0. 000328 and it was at its lowest before rising to the present level.…

Our Today’s Bitcoin (BTC) analysis shows BTC saw a price surge climb past the $70,000 mark, buoyed by a significant increase in market demand and trading volume. Over the last 24 hours, Bitcoin has breached the $70,000 threshold and stabilized near $71,000. Market pundits have observed a clear trend of optimism in the market for the premier cryptocurrency, Bitcoin. New technical patterns indicate that Bitcoin could be preparing for a more extended run-up. One can observe the rounding bottom formation in the short term along with the breakout from the flag pattern’s resistance line. Bitcoin’s current path is that it…

The value of Pepe Coin fell today, dropping by more than 5%, following a large whale transaction. This major player deposited a staggering 366 billion PEPE into the Binance exchange, reaping an immense profit of approximately 985%. The meme-inspired cryptocurrency, Pepe Coin, has also declined today and is currently valued at $0. 00001436. The trading volume of Pepe Coin has increased to $1. 21 billion, which is 27% higher than the previous year, which also shows an upward trend. 21% increase. The ratio of the volume to the market capitalization is 20. 56%, which means that even in such conditions…