Crypto Coinfessions ✖️

#Ethereum #ETH rose sharply from the 50-day SMA ($2,232) on Jan. 9, indicating solid buying at lower levels. The bulls continued their purchase on Jan. 10 and kicked the price above the overhead resistance of $2,400. If buyers sustain the price above $2,400, it will indicate... Click here to read more

#Bitcoin closed above the ascending triangle pattern on Jan. 8, indicating the start of the next leg of the uptrend. The pattern target of the bullish setup is $49,178. The bears are trying to pull the price back below the breakout level of $44,700 and trap the aggressive bu... Click here to read more

In the short term, whales have turned with short positions (Whale Position Sentiment). This probably happened because $48k is a historically significant resistance. #Bitcoin Observe that the indicator begins to fall before the price, early on January 9th. This indicates that... Click here to read more

#Polygon’s native token #MATIC supply on exchanges dropped to 8.56% on January 10. Polygon chain’s announcement of alternative infrastructure Libre could catalyze gains in MATIC. MATIC price gears up for recovery, posts nearly 2% gains on the day. Click here to read more

#Arbitrum Total Value Locked more than doubled from $1 billion to $2.44 billion between January 2023 and 2024. #ARB active addresses and volume climbed starting January 7, supporting ARB price gains. ARB price gained 8% in a week and 65% in a month. Click here to read more

#ImmutableX price is currently in a falling wedge, considered to be a bullish reversal pattern suggesting a 15% rally. #IMX has failed a breakout twice but has sustained above the support zone, hinting at a potential shot at recovery. The bullish cues, however, are weak at ... Click here to read more

SEC account hacked, BTC rollercoaster ride 🎢 Expected ETF approval's impact 🤔 Departed Evmos co-founder returns $7.6M 👷‍♂️ AI coins on the rise 🤖 Singapore welcomes crypto with open arms 👐 #SEC #BTC #ETF #AICoins #SingaporeCrypto Click here to read more

On-chain volume is still low, but Long Term Holders are moving the highest volume since 2019. #Bitcoin. 🧠Long Term Holders have been moving a significant amount of BTC in recent days, boosting the network volume to its highest level since 2019. 🐳Bitcoin whales still maint... Click here to read more

Among the top 10 #cryptocurrencies, trading in #SOL, #AVAX, and #MATIC carries a higher risk of liquidations or stop triggers. This increased risk is due to the strong correlation between volume variation and market cap, as well as between 24-hour Volume and open interest. ... Click here to read more

#Ether (#ETH) and native tokens of applications built on #Ethereum surged in the past 24 hours as traders bet on the possibility of an ether exchange-traded fund (#ETF) following the expected approval of a bitcoin ETF in the U.S. Ether exchanged hands over $2,400 in early Eur... Click here to read more

#Uniswap supply on exchanges is inching closer to a six-month high, increasing the potential selling pressure on #UNI. Uniswap announced the official completion of over $1.7 billion in swaps on January 3. UNI price suffered nearly 20% decline in the past week and it is li... Click here to read more

#Sei price is on a recovery rally after securing support above the 70.5% Fibonacci level at $0.6375. With momentum rising, SEI market value could make a 20% climb to fill the market range at $0.8797. The bullish thesis will be invalidated upon a break and close below the 50... Click here to read more

#Sui price remains above the support offered by an ascending trendline that has delivered up to 130% in gains so far. SUI could extend the climb to the $1.2622 resistance level as momentum rises and the uptrend gains strength. The bullish thesis will be invalidated if the p... Click here to read more

#Bitcoin futures open interest on the Chicago Mercantile Exchange has hit a fresh all-time high. The open interest in bitcoin long futures, held by asset managers on #CME, also reached an all-time high, suggesting sophisticated traders anticipate price appreciation. Velo Da... Click here to read more

#Bitcoin active addresses rose by 8% while #Ethereum active addresses declined by 2% over the week. #Tether (#Tron) & #USDC (#ETH) saw active addresses down -5% and 1% respectively. An additional 2B USDT was minted over the week, bringing the total market cap of Tether ac... Click here to read more

#Bitcoin held above $46,500 on Tuesday morning after briefly touching $47,000 as the #ETF race ramps up. The cryptocurrency has gained around 5% over the past 24 hours. Click here to read more

Gary Gensler fires up #FUD before the #ETF verdict 😬. ETF applicants announce the fund fee structure 💰. CleanSpark to get 160k #BTC miners ⚒️. Upbit gets the regulatory blessing for Singapore 👍. Doubts emerge on Thailand's planned #crypto airdrop 💸. Click here to read more

#BinanceCoin #BNB turned down from $327 on Jan. 5 and broke below the 20-day EMA ($297) on Jan. 8, indicating that bears are trying to reverse the uptrend. If the price sustains below the 20-day EMA, the selling could accelerate, and the BNB/USDT pair could descend to the ne... Click here to read more

#Maker #MKR pulled back in an uptrend, but a minor positive is that the bulls did now allow the price to slip back below the breakout level of $1,651. The 20-day EMA ($1,615) is sloping up, and the RSI is near the overbought zone, indicating an advantage to buyers. If the re... Click here to read more

#Arbitrum (#ARB) failed to sustain above $2, which may have tempted short-term traders to book profits. That pulled the price to the breakout level of $1.75. The ARB/USDT pair is likely to witness a tough battle between the buyers and sellers near the $1.75 level. If the pri... Click here to read more