Resistance at $3,353 could force ETH to decline to $3,120. In the midterm, the price might fail to surpass $4,000. Ethereum’s (ETH) surge to $3,300 on April 28 brought optimism back to the crypto market, but according to AMBCrypto’s analysis, this excitement might be short-lived. One reason for this prediction is a recent transaction where … Read more
Bonk, Pepe, and Hedera had the biggest gains in the past week. Ethena, Nervos Network, and Ronin were the biggest losers for the week. As a crypto investor, I’ve noticed some intriguing movements at the summit of the gainers’ chart. Two memecoins have particularly impressed me with their substantial price increases. On the other hand, … Read more
LSE Consulting, a firm based at the London School of Economics and Political Science (LSE), has proposed a way for Europe to lead in the emerging Web 4.0 sector. Their plan involves creating an industrial conglomerate similar to Airbus, which was formed when European aerospace companies merged in 2000 and is now the world’s leading … Read more
The negative funding and higher price movement might send SHIB to $0.000030. Indications from the volume suggested a possible consolidation phase. After seeing a positive trend earlier, Shiba Inu’s (SHIB) funding rate turned positive again on April 28th. Funding rate represents the cost of holding an open perpetual position. When it’s green, longs pay shorts … Read more
FLOKI and PEPE were up by 2% and 8%, respectively. PEPE’s indicators looked mostly bullish, but FLOKI’s indicators were bearish. Meme coins like most cryptos experienced price corrections on April 27th. Pepe (PEPE) and Floki Inu (FLOKI) weren’t exceptions, as their values plummeted sharply. However, both meme coins showed signs of recovery, which could allow … Read more
Cardano has a bearish market structure after recently slipping below $0.45. The imbalance immediately overhead could rebuff the buyers’ attempts at recovery. Last month, the Decentralized Finance (DeFi) and Non-Fungible Token (NFT) sectors related to Cardano’s [ADA] experienced a decrease in value. Simultaneously, user engagement and the price of ADA itself showed a decline. The … Read more