The altcoin season index showed investors need to bide their time. Participants will need to be more picky in their altcoin bets this cycle due to the inundation of new tokens. As a researcher with extensive experience in cryptocurrencies, I believe that the current market conditions indicate that investors should exercise patience when it comes … Read more
XRP showed signs of a bullish reversal, with a double-bottom formation at $0.40. The Ultimate Oscillator and RSI suggested a balanced state without strong buying or selling pressure. As a researcher with a background in analyzing cryptocurrency markets, I’ve been closely monitoring XRP‘s recent price action. Based on my observations and the technical indicators, I … Read more
Ethereum has seen an increased inflationary trend recently. ETH was trading at around $3,300 as of this writing. As a researcher with extensive experience in the cryptocurrency market, I’ve closely observed Ethereum’s [ETH] recent shift towards inflationary trends despite its historical deflationary nature. The current trading price of ETH hovers around $3,300. In more straightforward … Read more
Polygon noted a bearish market structure and was poised for more losses The uptick in dormant circulation warned of a wave of selling pressure As an experienced analyst, I’ve closely observed Polygon [MATIC] crypto’s price action and market structure. The bearish trend intensified in June, with the price slipping below the 2-month range on the … Read more
The 2024 election, dubbed the “Bitcoin Election,” is heavily influenced by rising US crypto users. Trump gains crypto support, including donations from the Winklevoss twins, while Biden faces criticism. As a seasoned crypto investor who has witnessed the meteoric rise of digital assets in the US market, I am closely following the “Bitcoin Election” and … Read more
TON defied market trends with a 7.87% surge in seven days. Pantera announced a massive investment in TON Network. As a seasoned crypto investor with a keen eye for market trends and fundamental analysis, I’ve been closely monitoring the recent developments surrounding Toncoin (TON). Despite the bearish sentiment that has pervaded the broader cryptocurrency market … Read more