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
After launching at a market cap of worth less than $50,000, the market cap jumped to $16.6 million. Allegations of insider trading appeared but 2.4 million MOTHER tokens have been burned. As an experienced analyst, I’m keeping a close eye on the latest developments in the crypto market, particularly when it comes to celebrity-backed projects. … Read more
Dogecoin and PEPE’s prices dropped by 2% in the last 24 hours. Market sentiment continued to remain bearish on both memecoins. As an experienced market analyst, I believe that the recent price drops of Dogecoin and PEPE, with only a 2% decrease for each in the last 24 hours, can be attributed to their unique … Read more
Polygon’s revenue fell in Q1. This occurred despite the growth in its network usage during that period. As a researcher with extensive experience in blockchain and cryptocurrency analysis, I find the data presented in Messari’s report on Polygon’s Q1 performance intriguing. The decline in revenue despite increased network activity is a phenomenon that warrants further … Read more
$4.7 billion in BTC and ETH options are set to expire, potentially influencing market volatility. Technical analysis on the chart shows us possible price movements for Bitcoin and Ethereum following the options expiry As a researcher with extensive experience in the cryptocurrency markets, I find today’s event particularly intriguing. With over $4.7 billion in Bitcoin … Read more