BNB’s price plummeted by 10.11%, with notable declines in on-chain activity Technical analysis revealed that BNB bulls defended the support ably As an experienced analyst, I’ve closely followed the recent price decline of Binance Coin (BNB) and its related on-chain activity. The sudden 10.11% plummet between 4 and 5 July was unexpected, especially considering the … Read more
SHIB’s price dipped by 28% to a bullish flag support level in just 3 days. Large transactions fell by over 53% too As an analyst with experience in cryptocurrency market analysis, I believe SHIB‘s recent price action and on-chain metrics indicate a mixed outlook for the memecoin. The sudden 28% dip in just three days … Read more
DOGE and BTC declines impacted broader crypto and meme coin markets. Elon Musk’s support for Dogecoin offered hope for future rebounds. As a seasoned crypto investor who has witnessed the ups and downs of this dynamic market, I can’t help but feel a sense of both disappointment and optimism regarding recent events. The sharp declines … Read more
MATIC finding it difficult to find its footing after almost all its holders fell out of profits MVRV indicator revealed that the token was in a bear phase and would need a 13% hike to escape As a long-term crypto investor with experience in the market, I’ve seen my fair share of ups and downs. … Read more
ETH plunged harder than BTC despite ‘expected’ ETF catalyst by mid-July Mixed views by analysts on how the market will receive the ETH ETF amidst negative sentiment. As an experienced analyst, I believe Ethereum’s [ETH] sharp decline despite the impending ETF launch by mid-July is a concerning sign. The unproportionate drop in ETH compared to … Read more
Traders have taken short positions against LINK At press time, LINK was trading in the negative for the third straight day As an experienced analyst, I believe that Chainlink (LINK) is currently undergoing a challenging phase with bearish sentiment dominating the market. Over the past three days, LINK has witnessed a significant decline in price … Read more