GameStop-inspired Solana memecoin GME witnessed a 23.81% spike in the past 24 hours. The influence of social media figures like Keith Gill and Elon Musk continues to impact the prices of memecoins. As an experienced financial analyst, I’ve seen my fair share of market trends and price movements influenced by social media figures and retail … Read more
Ethereum recently saw over $1 billion outflow from exchanges. ETH’s price has increased by over 1% As an analyst with a background in cryptocurrency market analysis, I find the recent trend in Ethereum [ETH] intriguing. While the price has seen a significant decline over the last few days, resulting in a bearish trend, there are … Read more
XRP’s price has dropped by almost 10% in the last week. It now trades below its 20-day EMA. As a researcher with experience in analyzing cryptocurrency markets, I’m concerned about the recent price drop of XRP. In just one week, its value has declined by almost 10%, and it now trades below its 20-day Exponential … Read more
Solana surged by over 5% in the last 24 hours after a pullback. Metrics suggested that a reversal could happen if certain conditions are met. As a seasoned crypto investor with a few years under my belt, I’ve seen my fair share of market volatility and trend reversals. Based on the current Solana [SOL] situation, … Read more
TON experiences a bullish surge with an 8% increase and a promising ‘golden cross.’ A healthy RSI and increased social volume suggest the rally might continue, supported by investor interest. As a researcher with experience in analyzing cryptocurrency markets, I find the recent surge in Toncoin (TON) prices intriguing. The 8% increase and the ‘golden … Read more
ETH’s long traders have witnessed significant liquidations in the past 24 hours. The coin’s options volume and Open Interest have also declined. As an experienced analyst, I’m closely monitoring the Ethereum [ETH] market following the significant long liquidations and declining derivatives market activity over the past 24 hours. The spike in long liquidations on June … Read more