Altcoins

Here’s Why ApeCoin (APE) Can Surge 20% Soon

Here’s Why ApeCoin (APE) Can Surge 20% Soon

ApeCoin (APE) presents an interesting technical picture as crypto nears a critical obstacle. A swift move past this barrier may trigger uptrends for the alt, an upside that will likely print a base before rallying towards ATHs. APE Price Prepared for Recovery? ApeCoin's price saw massive drops since the alt touched the $17.46 record high on March 18. Though the first hype dwindled, the token cauterized near $10.60. APE surged towards the $15 level (after creating a swing low), printing a local high on March 28. However, the barriers between $10.68 and $15 have held the ApeCoin price hostage since…
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MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

The crypto market sustained a massive plummet over the past 24 hours as Bitcoin lost about 5%. Alts such as Dogecoin and MATIC hovered around stable support floors before BTC, and the broad crypto market accelerated downward in the latest hours. That had them plummeting further to explore levels that remained substantial on higher time-frames. Can these assets push higher? Polygon (MATIC) The past 24hrs saw Polygon falling into a demand zone on higher time-frames (12hr and daily). Previously, the alt traded inside the $1.56 - $1.74 range but selling momentum appears lucrative for bears to keep the range lows.…
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Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive Bitcoin (BTC) plunged to $45K support on Wednesday morning. That's despite on-chain data showing positive buying activity. The crypto exhibits weakness, changing hands near $44,767.71 at this publication, reflecting a 4.21% 24-hour decline. BTC declines emerged amid a global crash following hawkish comments by the US Fed Reserve. Lael Brainard, Fed Governor, hinted at central bank balance sheet trimming in May as he stated that curbing inflation remained paramount. That triggered sell-offs within the market as traders worried a restrictive atmosphere might lead to economic downturns. The tech-heavy NASDAQ lost…
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Polkadot (DOT) Price and Possibilities of 70% Upsurge

Polkadot (DOT) Price and Possibilities of 70% Upsurge

DOT price appears prepared for new upswings after the alt flipped a critical resistance zone at $22.50 into the support floor. Enthusiasts can expect a 33% upsurge towards $30.48 soon. A daily candle close under $20.17 will cancel Polkadot's bullish case. Polkadot price exhibits surging signals following the latest reaction that flipped a long-standing hurdle into a foothold. This development will likely propel the alternative token higher, exploring the nearest resistance level. DOT to Capitalize on Bullish Effort Polkadot attempted to surpass the resistance barrier at $22.50 for seven days without success on each trial. Moreover, the obstacle means pain…
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Zilliqa (ZIL) Hints at 25% Discount: Price Forecast

Zilliqa (ZIL) Hints at 25% Discount: Price Forecast

Zilliqa technical price chart displays multiple higher rejection candlesticks around the resistance barrier at $0.211. The constant upside rejection might catalyze bearish reversals and drop the alternative token towards the $0.136 level. Should you hold ZIL during this correction? Key Points Zilliqa price chart displays multiple high-tail rejection candlesticks at the $0.221 resistance. ZIL might see its price falling to the 0.5 FIB retracement level. Zilliqa's intraday trading volume of $3.4 billion reflects a 32% drop. The sudden price surge in ZIL/USDT followed the ZIL metaverse, Metapolis launch, and latest partnerships with different companies. That saw Zilliqa surging 371% within…
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ApeCoin (APE) Should Keep This Area for New Highs

ApeCoin (APE) Should Keep This Area for New Highs

ApeCoin has its price grappling with the supply zone, extending between $14.23 and $15.98. A rejection might push the token towards the $12.28 support floor, whereas overcoming the obstacle might result in new highs. A daily candle close under $12.28 might catalyze a massive crash to $9.64. ApeCoin (APE) has witnessed a substantial upward move within the previous ten days. Nevertheless, the latest move to the supply territory proves challenging for the alt bulls. Enthusiasts should be alert since failure to trigger upswings might translate to a sharp fall. APE Price at Break or Make Level ApeCoin's price arrived at…
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Terra (LUNA) Gains More Than 20%, Nearing its ATH

Terra (LUNA) Gains More Than 20%, Nearing its ATH

Terra's native token LUNA saw remarkable upswings within the past 24 hours, gaining more than 20% to hover at $99, beneath its lifetime peak. That comes as the broad crypto spectrum sees bullish moves. However, two other factors contribute to Terra's current surge. They are stablecoin UST demand and consistent LUNA tokens' burn. LUNA was among the best-performing alt since last month, gaining 47%. Contrarily, the leading alternative coin, Ethereum, lost nearly 12% within the timeframe. High-Yield Seeker Drive UST Demand UST, via Terra's Anchor Protocol (ANC), offers depositors an almost 20% yearly percentage yield, making it one of the…
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TRON (TRX): What You Should Know Regarding This High-Risk Region for Investors

TRON (TRX): What You Should Know Regarding This High-Risk Region for Investors

The BTC dominance metric saw an upside move to 43.34% from 42.9% over the previous 48 hours. That shows that Bitcoin had performed slightly better or posted fewer losses than other assets in the marketplace. Moreover, TRON has oscillated on its charts according to BTC's whims. The alternative coin encountered resistance within the $0.06 - $0.065 range. For now, TRON changes hands within this territory again. TRON: 1Hr Chart The previous ten days saw TRX forming a range from $0.0575 to $0.0626. Also, the altcoin has seen deviations below $0.0575, but they might be due to liquidity hunting. Furthermore, the…
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