Bitcoin to face altcoin onslaught? Here’s what to expect in June

The altcoin positioning chart showed that alts performed well relative to Bitcoin recently. Their market capitalization has steadily grown alongside BTC’s price gains. As a seasoned crypto investor with several years of experience under my belt, I’ve learned to keep a close eye on market trends and patterns. The recent performance of altcoins relative to … Read more

Checking Cardano’s strong link with AVAX, MATIC: Gains ahead?

The correlation coefficients respectively indicate nearly parallel market movements. On-chain data suggested that holders should anticipate further gains in the future. As a crypto investor with some experience under my belt, I’ve learned that market correlations and on-chain data can provide valuable insights into potential investment opportunities. Based on recent analysis by IntoTheBlock, Cardano (ADA), … Read more

Solana DEX volume tumbles: Could SOL be in trouble?

The significant decline hinted at a cooling interest in Solana-based memecoins. SOL’s price might test the lower support levels around $145.90 if interest continues to decline. As an experienced analyst, I believe that the significant decline in Solana-based memecoin trading volume and Solana decentralized exchange (DEX) volume is a clear indication of waning interest in … Read more

PEPE surges 33% in 5 days: Are new highs coming?

Pepe saw another all-time high. Its Open Interest was also nearing its all-time high. As a researcher, I’m thoroughly intrigued by Pepe’s [PEPE] recent performance in the crypto market. Its consistent surge in price to reach several all-time highs (ATH) is truly remarkable. Each new ATH seems to be fueling further interest and trading volume … Read more

Binance Coin: Why the next 2 weeks will be interesting for BNB

Analysis showed that the coin could see an upswing to $738 by June. Derivatives market data indicated bullish sentiment, as BNB might favor long positions. Based on my analysis as an experienced cryptocurrency analyst, I believe that Binance Coin (BNB) is showing signs of potential growth in the coming months. I arrived at this conclusion … Read more

Bitcoin soars, but what’s causing a shadow on the breakout?

Bitcoin saw a positive reaction on the price charts, but social metrics underlined weakness. The high demand for Bitcoin in May could propel prices past the ATH soon. As a seasoned crypto investor, I’ve witnessed my fair share of market volatility and trends. The recent price action of Bitcoin has been intriguing, with its sudden … Read more