Solana (SOL) has been registering crucial recovery symptoms over the past 24 hours, with the price retaking the critical $160 level, indicative of a 6% rise over the weekend. This move has been in a broader context of erratic market conditions which was influenced by indicators about the state of the external economy, in particular, the US NFP jobs data. Concurrently, there has been immense volatility in the crypto market, which resonated with the NFP jobs data from the US. Lately, Solana and most of the significant cryptocurrencies were forced into price correction. Still, prices for Solana recovered rapidly, regaining…

The PEPE coin has been on the decline in today’s trading session, opening at $0000001472 before declining. The 24-hour chart displays a sequence of changes, which include the price dropping to $000000143 in the middle of the day. This pattern depicts a bearish trend where the coin is failing to recover to the previous high. Resistance was especially seen at $0.000001470 as PEPE could not hold gains and was tested at this level multiple times in the day. On the flip side, the coin found some level of support around $0.000001420, this could indicate a possible stabilization zone if the…

Notcoin (NOT) price started the day on a bearish trend and was trading at around $0.02227 at the beginning of the day. In the course of the day, the price oscillated and exhibited some form of resistance at the $0.0230 level. After the first fall, Notcoin partially bounced back and tried to reach this resistance level twice before falling down to the lower support level of $0.212 by midday. Additionally, the price action formed distinct patterns, with the price rising to form two peaks in a double-top pattern at the resistance level. This is a typical bearish reversal pattern which…

Over the past 24 hours, the AVAX bulls have pushed the price of Avalanche up by 4.41% to $36.36. The upward movement began from the daily low of about $34.77 which created a strong base for the bullish trend observed during the day. Throughout the day, the trading volume of AVAX increased by 4.76%, reaching $361,318,008. This increased trading activity suggests that investors are still optimistic about the AVAX’s future and its ability to grow in value. Despite showing resistance at around $36.50 at press time, the currency’s value remains resilient, pointing to possible breakthroughs if the momentum continues. AVAX/USD…

Bitcoin started the day at approximately $67,730 and faced some early downward pressure, dipping further during the morning hours. The sentiment shifted positively around midday, fostering a solid recovery. By late morning, Bitcoin embarked on a bullish rally, pushing its price up 2% to a peak of $69,149 by press time.  In the past week, Bitcoin’s price experienced volatility, repeatedly testing the resistance level at approximately $68,500. Recent trading sessions, however, show Bitcoin breaking through this barrier, with the price currently peaking near $69,130. Additional resistance points may loom around the $70,000 mark, indicating potential challenges ahead.  BTC/USD 24-hour price…

Bitcoin BTC is still in a state of indecision, with both the bearish and bullish indicators being seen in the market. According to the last update, BTC remains at $67,728.0 with a slight uptrend of 0. 71% in the past day, and the 24-hour trading volume is $105. 98 billion and a market capitalization of $1. 35 trillion.  This slight increase is after experiencing a fluctuating trend whereby Bitcoin dipped to as low as $67,689.5, which shows that the cryptocurrency still faces challenges in maintaining the highs that it reached.  Market Reactions and Analyst Insights This is one of the…

Pepe (PEPE) has witnessed a notable price decline of 9%, sparking discussions about shifting market dynamics. Concurrently, despite this trend, a cryptocurrency whale has redirected attention from Shiba Inu to Pepe Coin, signaling a potential shift in market dynamics.  Lookonchain, a platform tracking on-chain transactions, highlighted the whale’s strategic maneuver. The investor accumulated 68 billion Pepe Coins. This shift in focus comes after the whale incurred substantial losses in Shiba Inu, underscoring the unpredictability inherent in cryptocurrency investments. Someone withdrew 67B $PEPE($1.02M) from #OKX 30 mins ago. It is worth noting that this guy lost $2.55M($-85.5%) in $SHIB before. He…

Bitcoin’s price remains steady at approximately $69,000, with minor fluctuations over the past 24 hours. The cryptocurrency is experiencing a low trading volume, possibly influenced by the long holiday weekend in the U.S., as markets are closed for Memorial Day. This period of reduced activity comes after a dynamic week, where Bitcoin reached nearly $71,979 before settling back into the $68.5K-$70K range. At press time, BTC was trading at $68,961.28, a 0.21% decline from its intra-day high. Source: CoinMarketCap) Liquidity and Market Sentiment Recent market data points to a balanced buying and selling environment over the last day, with…

PEPE, the vibrant frog-themed meme coin, is currently experiencing fluctuations in its market position. With a price at $0.00001381, reflecting a slight decrease of 1.03% over the last day, PEPE continues to hold significant attention in the cryptocurrency space. Despite a slight dip in its market capitalization to $5.81 billion, it remains in the top 20 of all cryptocurrencies, specifically ranking at the 20th position. Today’s trading volume shows a considerable increase of 18.89%, amounting to $3.68 billion, suggesting a heightened activity level among traders. The trading chart for PEPE shows a volatile day with the price peaking at $0.00001382…

Bitcoin’s (BTC) price has been in a downward trend following a recent surge to $72,000. A surprising 4% correction over the past few days has caught traders off guard, leading to speculation about the market’s next move. Recent Bitcoin Price Movements Bitcoin is currently down by 2.5%, surprising traders who were anticipating new all-time highs after a rally earlier in the week. Data f shows that leveraged long traders were particularly impacted, with the price dropping from $71,980 on May 21 to an intra-day low of $67,550. #Bitcoin is still following a similar path to 2016-2017. Once that 2021 ATH…