The STH-SOPR and one other indicator revealed that Bitcoin’s respite is coming. The spike in the Stock to Flow ratio backed the potential price increase. As an analyst with extensive experience in cryptocurrency market analysis, I believe that the recent trends in Bitcoin’s price action, as indicated by the STH-SOPR and the Bulls and Bears … Read more
Solana has experienced a sustained decline in the last seven days. Despite the application of a Solana ETF, negative market sentiment persisted. As a seasoned crypto investor, I’ve witnessed firsthand the unpredictability of the digital asset market. The recent developments surrounding Solana (SOL) have left me both hopeful and cautious. As a crypto investor, I’ve … Read more
Worldcoin expands to Ecuador and prepares for Kenya’s comeback. WLD surged 14.44% on the back of the positive news. As an experienced analyst, I believe that Worldcoin’s recent expansions in Ecuador and the resumption of operations in Kenya could significantly impact its price trajectory. The positive news has already caused a surge in WLD prices, … Read more
MKR’s price declined after a phishing attack caused a decline in sentiment. Short positions taken against MKR surged. As a researcher with experience in the cryptocurrency market, I find the recent phishing attack on MakerDAO (MKR) to be a concerning development for the token’s short-term prospects. The sudden sell-off of 3,657 MKR tokens caused by … Read more
AVAX plummeted by 10% due to massive shady whale transactions. Despite the sharp decline, the derivatives market showed a bullish inclination among traders. As a crypto investor with some experience under my belt, I’ve seen my fair share of market volatility and whale transactions. The sudden 10% drop in AVAX‘s price due to massive shady … Read more
Litecoin has been accumulating bullish momentum in the short term. Metrics indicated mixed signals. As a seasoned crypto investor with a few years of experience under my belt, I’ve learned to read between the lines when it comes to analyzing cryptocurrencies like Litecoin. Based on the data presented in this analysis, I see Litecoin as … Read more