The Sandbox [SAND] had a run-in with the bears and terrified a lot of its investors after it lost the critical and psychological support level of $1. But fortunately, with the market backing the altcoin, SAND managed to reclaim it. Regardless of its reclaim, it looks like the altcoin is once again being threatened. TheContinue reading “Assessing the odds of The Sandbox [SAND] falling below $1 mark”

Synthetix Network [SNX], unlike the rest of the networks, has not been following the broader market’s cues. It has instead carved its own path. In doing so, it did not gain much but instead ended up incurring losses amounting to $132 million. Synthetix faces some real issues The fear in the crypto market eventually caughtContinue reading “Synthetix: Days after $18m worth of selling, is SNX preparing for recovery”

The crypto community received some good news in the last 24 hours after the market seemingly attempted recovery. Thus, marking rallies as high as 15% – 20%. The momentary demand helped some altcoins register gains even though they didn’t have an impressive market cap. And, Convex Finance [CVX] was one of them. Convex Finance, aContinue reading “Convex Finance [CVX] investors pull off a Shiba Inu move, here’s how”

Ethereum [ETH], the king of altcoins has failed to register any significant improvement in the month of June. It is still stuck with the bears at the $1k level. Notably, this level was previously visited by the coin at a time when the market crash wiped out 46.4% of the ETH’s value. But with Q3Continue reading “What of Ethereum now that $1.4B worth of ETH are sold”

The second quarter of 2022 has come to an end. And with it, Shiba Inu [SHIB] successfully completed the third consecutive quarter making no significant progress on the charts. But with an exciting development taking place on-chain, there is a chance SHIB might make some progress over the next three months. Shiba Inu is on aContinue reading “Can Shiba Inu’s dissociation from Bitcoin help SHIB rally in Q3”

ApeCoin [APE] is still finding its valuable place in the crypto market. And, therefore, gathering support from its investors is crucial for its growth. However, ever since its inception, investors have been following a buy-low sell-high strategy. APEs and their strength Well, one of the most concerning aspects of the NFT token was the disappearanceContinue reading “ApeCoin [APE] will face lesser intense price swings if this cohort…”

The crypto market has been trying hard to recover currently. But the selling pressure is evidently stronger. And, the Dogecoin might become its next victim. Curiously, no clear indications have appeared, yet DOGE could be looking at a couple more red candles over the next few days. Dogecoin’s new trajectory Merely days after the memeContinue reading “Dogecoin traders planning to go short shouldn’t miss out on this opportunity”

The Decentralized Finance chain has been gradually recovering from June’s losses. But in the process, an interesting pattern has been revealed, which might hint at XTZ’s course of action over the next couple of days. Tezos to rise and fall? The MACD indicator (MACD, blue and signal line, red) registered a nine-day EMA. Both, theContinue reading “Tezos: Assessing if XTZ holders will witness another crash in July”

The recent growth witnessed by Justin Sun’s project has surprised a lot of investors. This led to a significant rise in support for the network. Not too long after launching its own stablecoin, Tron [TRX] observed a sharp hike in its demand, followed by an equally spectacular hike in price as well. Tron finds itsContinue reading “Tron [TRX]: The true significance of 7 million transactions over the last 24 hours”

The DeFi Pulse Index (DPI) is a Decentralized Finance assets index that tracks the underlying tokens’ performance. Based on the changes noted in these DeFi tokens, the value of the DPI is set. This, surprisingly, hasn’t strayed much from the broader market trend. The DeFi Pulse Index The DPI fell victim to the broader market’sContinue reading “Up by 48%, should the DeFi Pulse Index thank UNI instead”

As Elon Musk continues to push the memecoin genre of cryptocurrencies in different directions, it seems that Dogecoin [DOGE] has come across the wrong section of the Internet. The altcoin is now being used in unexpected and unanticipated ways. Beware of the DOGE While the Tesla CEO furthers its popularity by calling it the “currencyContinue reading “Dogecoin: Could new report play spoilsport to DOGE’s ascent towards $0.10-level”

The week has been quite a ride for Polygon and MATIC as the network and its token have seen significant growth. Surprisingly, the altcoin is still maintaining its rise thanks to solid support from broader market cues as well as a recent development.  Polygon arrives on Coinbase Heeding the demands of its users, crypto-exchange CoinbaseContinue reading “Is MATIC’s 71% rally enough to preserve mid-term, long-term HODLer interest “