MATIC struggles to break past $0.75: Is $1 a pipe dream?

MATIC faces strong resistance, struggling to maintain levels above $0.75. Bearish sentiment prevails as MATIC traded below the Ichimoku cloud and all three moving averages. As a researcher with experience in analyzing cryptocurrency markets, I see Polygon (MATIC) facing significant resistance and struggling to maintain levels above $0.75 at press time. The bearish sentiment is … Read more

Is Bitcoin set for a rally? Insights from key levels

Bitcoin’s Taker Buy Sell Ratio has risen over one. BTC remained in the $66,000 price range. Based on my analysis as a researcher, I find the recent development in Bitcoin’s Taker Buy Sell Ratio intriguing. The metric’s shift above one suggests that buying pressure has exceeded selling pressure across most exchanges, indicating a potential shift … Read more

Ethereum Open Interest gains by $1B – Impact on ETH?

While Open Interest increased, Funding Rate stalled. The price of the altcoin might keep swinging between $3,400 and $3,600 in the short term. As a researcher with experience in the cryptocurrency market, I have observed that Ethereum’s [ETH] Open Interest increased significantly from $13.14 billion to $14.10 billion within a day, indicating increased speculative activity … Read more