In the last 24 hours, the Polygon (MATIC) price has been in a downtrend, as indicated by the consistent lower highs and lower lows, starting at $0.7282. After a period of decline, the price begins to consolidate and forms what appears to be a support level around the $0.71 mark.  Subsequent to this consolidation phase, there was a sharp turnaround, and the price rallied significantly, moving into a clear uptrend, marked by higher highs and higher lows and surpassing the initial starting point of $0.7282. During the rally, a resistance level can be anticipated near the recent high at approximately…

Ripple’s XRP price movement in the last 24 hours has seen a measured ascent to $0.5322, marking a slight rise of 0.14%. This cautious increase mirrors a growing trader confidence as reflected in the market capitalization, which has similarly edged up by 0.14% to stand at $29,340,372,334. Alongside these modest gains, the trading volume has climbed by 6.85%, reaching $1,130,509,851, suggesting a tempered but noticeable momentum within the market. XRP Navigates a Bullish Current Above $0.53 XRP’s 4-hour chart signals a bullish breakout from the recent bearish trend. The price has successfully transcended the $0.480 mark, with the 55 simple…

Chainlink’s native cryptocurrency, LINK has been one of the top performers in the crypto markets this year, surging over 15% in the last seven days alone. The decentralized Oracle network’s token is currently trading at $15.97, up 7.19% over the past 24 hours. Link records a market cap of over 9.2 billion and a volume of over $347 million as of writing. Despite the recent rally, many analysts believe LINK is still in the midst of a prolonged accumulation phase before its next major uptrend cycle. They point to Chainlink’s market-leading fundamentals and growing adoption as key drivers that could…

​​Ethereum Price Hits $3200 as Total Value Locked Rises to $53B Ethereum price topped the $3,200 level during the early Asian trading hours on Monday, April 22. The last time Ether traded above $3,200 was more than 10 days ago, on April 12, when it reached a high of $3,551 before sinking into an extended downtrend that took its price to $3,013 on April 13. ETH/USD daily chart. Source: TradingView Ether climbed from a price of $3,147 on April 22, surging more than 3.3% in the last seven 12 hours ton an intraday high at $3,236. Ether’s price performance is…

The Indian equity markets has witnessed a positive session on Monday, April 22nd 2024, with the benchmark Nifty 50 index trading at 22,287.35, up 0.63% from its previous close, recording an intraday low of 22,198.15 and a high of 22,337.10 as of writing. The BSE Sensex also reflected the positive sentiment, gaining 0.52%,381.70 points to trade at 73,470.03 as of writing. Today’s range for the index reads at 73,227.32 – 73,728.18 The markets seem to be trading in relation to the ongoing fourth-quarter earnings season, which began last week and continues this week. Several prominent companies have unveiled their financial…

The live Cardano price today stands at $0.502490, marking a 4.71% increase in the last 24 hours. Cardano’s trading volume has contracted by 27.63%, totaling $397,805,941 for the day. Despite this volume decrease, ADA’s market cap has surged by 4.94% to $17,912,845,208, reflecting a notable rise in market valuation. Market analysts have turned their attention to ADA’s Market Value to Realized Value (MVRV) ratio, which recently plunged below -22%. This indicator’s historical performance has often preceded substantial price surges. A replication of past trends where ADA rallied 75% after such dips could potentially propel the token past the elusive…

The live Bitcoin price today hovers around $64,968.96, with a 24-hour trading volume of $21,756,623,791. Bitcoin’s value has seen a 2.03% upswing in the last day amidst market-wide liquidations. Despite a weekly decline of 4.5%, the cryptocurrency has demonstrated resilience, bouncing back with a narrow intraday range between $63,161 and $64,968. This suggests cautious optimism as Bitcoin contends with the aftermath of its recent halving event. Bitcoin Halving Impact and Technical Outlook Bitcoin’s halving event at block height 840,000 marked a significant milestone, driving transaction fees up to $240. This has intensified the tug-of-war between supply crunch and rising…

As the cryptocurrency market recovers from its recent slump, meme coins have emerged as the top performers. Following the fourth Bitcoin halving and Dogecoin Day celebrations, significant price surges have been observed in several key players, including BONK, SHIB, PEPE, DOGE, and FLOKI. BONK Remarkable Surge BONK has been a standout in the meme coin sector, showing a dramatic increase of approximately 40% in a single day. This notable rise in price to $0.000021 can be attributed to an influx of trading volume and investor interest, particularly on the Solana network where BONK operates.  BONK/USD 24-hour price chart (source:…

Ethereum is the world’s second-largest cryptocurrency by market cap. Today, April 21st, 2024, it is witnessing a resurgence of buying pressure as its price has climbed over 4% in the last 24 hours to trade at $3,172.74 at the time of writing. The smart contract blockchain’s native token has reclaimed the $380 billion market cap level, solidifying its position as the leading altcoin. ETH Data Chart (CoinMarketCap) However, ETH has witnessed an upswing today, and it has been faced with substantial sell-offs. Data shows that Ethereum’s 24-hour trading volume stands at $10.2 billion, accounting for a 20.58% drop in…

Turning turmoil into triumph: Proven strategies for profiting during crypto market crashes Market crashes are not very infrequent events in the cryptocurrency arena. But investors caught in the noise can still find great chances whilst the whole crypto market gets shuffled. When the market falls it becomes more anxious but to those, who are expecting the dowturn, there is room for taking advantage of the given situation. Let’s get to it, which strategies do you need to follow to profit from a crypto market crash? Refine Your Investing Strategy: In the period of crisis, it is vital to maintain the…