BNB’s price currently trends within a descending triangle. The demand for the altcoin must increase for it to break above the upper line of this triangle. As a seasoned crypto investor with a few years of experience under my belt, I’ve seen my fair share of market trends and price patterns. Currently, Binance Coin (BNB) … Read more
The increase indicated rising demand, suggesting that DOGE could begin another rally. The 90-day MCA and circulation revealed that selling pressure had decreased. As an experienced analyst, I see the recent whale accumulation of Dogecoin (DOGE) as a bullish sign. The increase in buying activity from large holders suggests rising demand for the coin and … Read more
Polkadot had the highest average nakamoto coefficient. DOT’s price chart remained red, but there were chances of a trend reversal. As a researcher with extensive experience in blockchain technology and cryptocurrency markets, I find Polkadot’s (DOT) latest achievement of having the highest average Nakamoto coefficient quite noteworthy. It underscores the decentralized nature of the Polkadot … Read more
Bitcoin Runes have seen increased activity in the past 24 hours. This has pushed the prices of a few of them to new all-time highs. As an analyst with a background in cryptocurrency research and analysis, I find the recent surge in activity and prices of certain Bitcoin Runes tokens intriguing. In the past 24 … Read more
LINK experienced a sharp bearish reversal, losing most of its gains from earlier in the month. There is a decline in trading volume and a predominance of bearish positions in the derivatives market. As a researcher, I have closely observed Chainlink’s [LINK] price action over the past month and cannot help but feel concerned about … Read more
ADA remains in consolidation, with indicators suggesting a bearish short-term outlook. Persistent negative indicators and low engagement hint at continued consolidation without a clear breakout. As a researcher with extensive experience in analyzing cryptocurrency markets, I believe that Cardano [ADA] is currently stuck in a prolonged consolidation phase, and the indicators suggest a bearish short-term … Read more