Crypto Coinfessions ✖️

#Chainlink #LINK is in an uptrend, but the price turned down from $19.79 on Feb. 5, indicating that the bears are vigorously defending the $20 level. After the breakout from a range, the price usually turns down and retests the breakout level. The LINK/USDT pair could drop t... Click here to read more

The bulls have repeatedly failed to push and maintain #Polkadot #DOT above the 20-day EMA ($6.86) in the past few days, indicating that the bears are defending the level aggressively. The bears will try to strengthen their position further by pulling the price below the nea... Click here to read more

#Avalanche #AVAX tried to start a relief rally from the 20-day EMA ($34.49) on Feb. 5, but the long wick on the candlestick shows that the bears are selling at higher levels. The bears will try to gain the upper hand in the near term by pulling the price below the $32 suppor... Click here to read more

The failure of the bulls to push #Cardano #ADA above the 20-day EMA ($0.50) in the past few days increased the selling pressure on Feb. 7. The ADA/USDT pair could slide to the strong support at $0.46, where buyers are likely to step in. If the price bounces off $0.46 but ret... Click here to read more

The bulls are trying to hold #XRP above the $0.50 support, but the weak bounce suggests that the bears have maintained their pressure. The XRP/USDT pair is likely to sink below $0.50, which could start the next leg of the down move to the solid support at $0.46. This level h... Click here to read more

The bulls are finding it difficult to start a rebound off the 20-day EMA in #Solana #SOL, indicating a lack of demand at higher levels. The immediate support is at $93. If this level gives way, the SOL/USDT pair risks a fall to the strong support at $80. If the price turns u... Click here to read more

The bulls have managed to ward off the onslaught from the bears and kept #BNB above the 50-day SMA ($303) in the past few days. The flattish 20-day EMA ($303) and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If buyers kick the pri... Click here to read more

#Ethereum #ETH surged above the moving averages on Feb. 6, indicating that the bulls are trying to seize control. The price has reached the stiff overhead resistance of $2,400. The bears will try to defend this level with all their might because if they fail in their endeavo... Click here to read more

#Bitcoin has been trading inside a tight range for the past few days, indicating a tough tussle between the bulls and the bears. The bulls hold a slight edge as the price has been trading above the 20-day exponential moving average ($42,577) for several days. Buyers will hav... Click here to read more

#Sandbox price noted a 4.62% weekly decline in its price, SAND price is $0.4330 on Wednesday. Sandbox has scheduled an unlock of 205.59 million #SAND tokens worth $88.31 million on February 14. SAND price dropped by 20% in the week following its previous token unlock even... Click here to read more

#Aptos price has displayed a bearish start to February, recording lower lows. #APT could extend the fall 10% to the 50% retracement level at $7.90 as technical indicators lean bearish. The bearish thesis will be invalidated if the #altcoin records a candlestick close above ... Click here to read more

📉 #Bitcoin wallets (with 0+ coins) are still shrinking as #crypto approaches 4 weeks since #SEC's 11 Spot #ETF approvals. This can be attributed to the #FUD crowd and lower interest in direct ownership of $BTC due to other investment alternatives. Click here to read more

Data shows that the #ETH futures premium stabilized at 7% on Feb. 6, remaining below the neutral threshold but showing a modest improvement from two days prior. Essentially, there has been a balanced demand for leverage longs (buy) and shorts (sell) during the past week. As ... Click here to read more

• Solana faces a major network outage 🆘 • Bitcoin mining company expands despite upcoming challenge 📈 • MicroStrategy continues buying Bitcoin while the price is stuck 💰 • New token airdrops $400 million after mainnet launch 🎉 • Execs allegedly pull $800M+ crypto exit... Click here to read more

Digital asset spot volumes continued to rise in January. In January, the spot trading volumes on centralised exchanges rose 4.45% to $1.40tn, recording the fourth consecutive increase in monthly spot trading volumes. The last time the digital asset sector experienced a simila... Click here to read more

In Q4 2023, the #Cosmos Hub witnessed significant advancements in its tokenomics, marked by a reduction in #ATOM's inflation from 14% to 10% and the implementation of fee burning akin to EIP-1559, culminating in the AtomOne fork stemming from the Tokenomics RFP and ATOM 2.0 p... Click here to read more

When #Google searches for #Bitcoin spike, they often signal price tops, reflecting the impact of news and speculation📈 Recently, Google Trends showed a decline after a specific surge. This highlights the fascinating connection between sentiment analysis and movements in the... Click here to read more

🐻 With #crypto market caps fluctuating and without the usual growth that traders are accustomed to since the start of the #bull cycle in October, there is a notable #bearish sentiment that has taken over the #crypto discourse this week. #Bitcoin, #Ethereum, #BinanceCoin, #X... Click here to read more

#ETF funds bought more than 150 thousand BTC, but no one mentions that this does not impact the market because there are more people willing to sell #BTC than purchases by the funds. Total 30-day sales on #Coinbase Prime exceed purchases by 6.5K BTC. Click here to read more

#Render price is on a steep load-shedding exercise after a rejection from the late December highs. #RNDR could extend the fall by 13% to the 61.8% Fibonacci retracement if the 50-day SMA at $4.26 fails to hold. A higher high above $5.28 would invalidate the bearish thesis. ... Click here to read more