Price Analysis

This Upgrade May Make Terra Classic (LUNC) Holders Happiest Investors
27 Aug

This Upgrade May Make Terra Classic (LUNC) Holders Happiest Investors

Edward RichardsonAltcoins, Crypto News, Cryptocurrency, Decentralized Finance (DeFi), Investment, Price Analysis
Terra Classic lately stole the show from various digital coins after staying in the backbench over the past few months. The digital token gained approximately 20% yesterday, making it among the most debated digital assets on August 26. While publishing this blog, LUNC traded at $0.00011816, with 6,907,072,876,045 overall supply. The primary reason behind this sudden uptick is the LUNC network update release, which catalyzed new investor hopes. Heightened Community Excitement The price surge saw LUNC supporters flooding Twitter, reacting to the swift price surge following months of dormancy. Moreover, the overjoyed community commented on potential upsides for LUNC to…
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Here’s What Bitcoin’s (BTC) Whales Are Doing – Should You?
26 Aug

Here’s What Bitcoin’s (BTC) Whales Are Doing – Should You?

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Ethereum (ETH), Price Analysis
Bitcoin (BTC) has entered the 6th day of low activity while swaying inside a nine-week ascending support level. Its ongoing performance underscored the surged uncertainty following the bearish actions it recorded the previous week. In most scenarios, dip-pocketed individuals make moves when retailers wait for clarifications on market direction. Probably, assessing whale action in Bitcoin could offer to clarify possible outcomes from the market. Assessing Institutional Demand It remains logical to evaluate actions by institutions since they boast massive buying power and have strong market influence. The Purpose BTC ETH holdings remained a dependable indicator for measuring institutional demand. Beware…
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ETH Whales Reignite Shiba Inu Interest: Deciphering Details
26 Aug

ETH Whales Reignite Shiba Inu Interest: Deciphering Details

Edward RichardsonCrypto News, Cryptocurrency, Ethereum (ETH), Price Analysis, Shiba Inu (SHIB)
Ethereum whales appear to have switched from their past move to leave SHIB out of top holdings. Remember that these dominant investors exited a 3-figure million-dollar Shiba Inu holdings. However, the meme coin sees renewed interest. WhaleStats data shows the leading 100 Ethereum whales have purchased $SHIB worth more than $37 million within the last 24 hours. The revival has SHIB balances by the dominant 1,000 whales hitting $162.12 million. Furthermore, the accumulation didn't end at numbers only. It stretched as Shiba Inu's price retained a positive trend. According to Coinmarketcap, Shiba Inu changed hands at $0.0000145 during this writing,…
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Quant (QNT) Falls Beneath $100 Following Corrections
22 Aug

Quant (QNT) Falls Beneath $100 Following Corrections

Edward RichardsonAltcoins, Crypto News, Cryptocurrency, Price Analysis
Briefly – Quant broke out of a descending resistance. Resistance and support stand at $150 and $45. QNT follows an ascending support Quant has printed declines since 8 August and might complete its close at $88. QNT has seen its value plummeting below a descending resistance since the September 2021 all-time high of $429.69. The downside trend triggered plummets towards June lows of $40.60. However, uptrends emerged, and the token broke out of a descending resistance on 19 June. The rebound that catalyzed an upside action also helped validate the horizontal line at $45 as support. The weekly Relative Strength…
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Solana (SOL): Investors Can Consider These Support Zones to Prevent Losses
20 Aug

Solana (SOL): Investors Can Consider These Support Zones to Prevent Losses

Edward RichardsonCrypto News, Cryptocurrency, Price Analysis, Solana (SOL)
Solana's SOL is among the leading digital assets by market capitalization that witnessed massive losses this week. The escalated bearish condition pushed the alternative token out of the range that Solana navigated in nearly ten weeks. SOL has seen continued downtrends over the past six days, losing more than 25% amidst the timeframe. While publishing this post, the token changed hands at $36.25. That led to an ascending range exit. Remember, Solana has hovered within this area since mid-June. Solana's massive bearish action within the last day already pushed the token into the next foothold after leaving the ascending range.…
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Theta (THETA) Nears Yearly Lows – Losers of the Week
19 Aug

Theta (THETA) Nears Yearly Lows – Losers of the Week

Edward RichardsonAltcoins, Crypto News, Cryptocurrency, Price Analysis
Brief GRT and THETA follow ascending support levels. CVX broke down from an ascending channel. CRV completes A-B-C corrective setup. This analysis evaluates digital assets that saw the most decline over the previous week. Precisely, between 12 August and 19. Convex Finance – 28.57% down Oasis Network – 27.14% down The Graph – 25.67% drop Theta Network – 25.20% loss. Curve DAO Token – 25.05% Convex Finance (CVX) 13 August sessions saw CVX breaking down from an ascending channel that prevailed since 18 June. Breakdowns from these long-term patterns generally trigger substantial downside actions. CVX has its price retesting the…
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Flow (FLOW), Neo (NEO) Drop Again as Chronoly (CRNO) Extend Upside
17 Aug

Flow (FLOW), Neo (NEO) Drop Again as Chronoly (CRNO) Extend Upside

Edward RichardsonAltcoins, Crypto News, Cryptocurrency, DApps, NFT (Non-Fungible Token), Price Analysis, Trading, Web3
Neo, Flow, and Chronoly.io projects joined the cryptocurrency marketplace with new concepts. FLOW and NEO concentrate on creating a network for developers to build dApps, while CRNO wants to enhance the watch NFT market. Meanwhile, CRNO has gained 560% in three months of pre-sale as NEO and FLOW. Let us check what it takes to overcome negative sentiments (according to these projects). Will NEO Try Recovery Again? Neo is among the alts that received support from the cryptocurrency community regardless of pessimistic market sentiment. The altcoin launched upside when the overall market attempted revivals. Nevertheless, NEO couldn't sustain the upside,…
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Uniswap (UNI) Endures a Massive Hit; Why HODLing Might Be the Solution
16 Aug

Uniswap (UNI) Endures a Massive Hit; Why HODLing Might Be the Solution

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Decentralized Exchange (DEX), Decentralized Finance (DeFi), Ethereum (ETH), Price Analysis, Uniswap (UNI)
Uniswap (UNI) nears a critical junction as the top decentralized exchange faces a gripping condition. The protocol has witnessed a barren run since overtaking Curve in most utilized DEX. For instance, Uniswap registered new lows in July, with trading volume plummeting to $37.8 billion, 2022's lowest mark. Furthermore, July's figures remain far by $24.8B from May's $62.7 billion – the yearly peak. Do Not Leave Yet Surprisingly, Uniswap has stayed busy lately after surging on the charts in market cap. UNI's growth over the week reflects such developments. Nevertheless, the altcoin endured a brief fall as other leading cryptos recorded…
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