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
The number of active addresses dropped to the lowest figure in the last 90 days. Amid bearish sentiment, technical analysis indicated that ADA could fall to $0.40. As an experienced analyst, I’m concerned about the recent downturn in Cardano’s (ADA) on-chain activity and its potential impact on the token’s price. The number of active addresses … Read more
Notcoin, Uniswap, and Oasis were the biggest winners of the past week. Wormhole, Floki, and ORDI had the biggest losses of the past week. As a seasoned crypto investor with a knack for analyzing market trends and price movements, I’ve closely monitored the past week’s developments in the cryptocurrency space. Based on my analysis, Notcoin … Read more
TON achieved a new all-time high (ATH) of $7.3, marking a significant milestone. Active addresses on the network surged materially as well. As a researcher with experience in the cryptocurrency market, I’m excited to see the recent developments on the Toncoin (TON) network. The new all-time high of $7.3 is a significant milestone that underscores … Read more
Solana’s price dropped by nearly 10% in the last seven days. SOL’s metrics looked bullish, but indicators suggested otherwise. As a researcher with extensive experience in the crypto market, I’ve seen my fair share of price fluctuations and trend reversals. Solana’s [SOL] recent drop by nearly 10% in just seven days was disheartening for investors, … Read more
DOT’s Open Interest and volatility dropped, suggesting a lack of demand for the token. The liquidation heatmap showed that DOT’s price might drop to $5.90. As a researcher with some experience in crypto market analysis, I’ve been keeping an eye on Polkadot (DOT) lately. Based on recent data, DOT’s open interest and volatility have dropped … Read more