Technology

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. At the start of June, Ethereum [ETH] was trading at $1,980. The $1,750-$1,950 range was a long-term support zone for Ethereum. It was speculated that ETH might halt its nosedive in thatContinue reading “Can Ethereum continue holding its $1000 level amid major sell-off”

Bitcoin [BTC] has once again become the talk of the town especially after its latest recovery in the crypto market. After going below $18k, there was speculation of a further dip in BTC prices. But it has held on since and has even launched a massive recovery to $21,500. One of the pains of theContinue reading “With Bitcoin [BTC] above $20,000, is a slow recovery on the cards this time”

Uniswap [UNI] is back in the news after the token resurged amid the ongoing market recovery. The largest DeFi exchange has signs of northern movement since the start of the week. It seems like UNI’s focus is to end June on a high note after looking at the price trajectory in the last few days.Continue reading “Uniswap: Why there’s more to UNI than just a 55% surge last week”

SOL was once very popular as it emerged on the heels of Solana’s aggressive growth, aiming to be the Ethereum killer. Fast forward to present day, however, and Solana is not as hyped as it used to be. In fact, SOL’s price has suffered a major downturn over the last few months. SOL bottomed outContinue reading “Is the $20-level next for ‘oversold’ Solana [SOL]”

ATOM seemed to be flashing bullish signs after a strong downtrend kicked off last week. However, the market is now noting another crash, forcing ATOM to crash below its structural support. ATOM had been trading within a narrow range prior to the latest crash. It was characterized by low volume and lack of directional momentum.Continue reading “Assessing ATOM’s odds of a bounceback after its latest breach”

The meaning of “Stable” in Stablecoins changed in the month of May with the depegging of Terra. The cryptocurrency market, clenched in bear claws, is still recovering from the unhealed wounds. Already surrounded by hawkish Fed policies, the massive crash led to severe losses and some lost interest. However, despite taking into consideration the current stateContinue reading “Putting the ‘stable’ in stablecoins: How Djed & USDD are trying to make it big”

ADA unusually turned out to be one of the most exciting cryptocurrencies this week courtesy of its strong upside. It rallied by roughly 50% between Saturday and Tuesday, marking a bullish end to an otherwise bearish month. The rally pushed ADA from as low as $0.445 during the weekend to $0.689 at press time. TheContinue reading “Time for Cardano [ADA] to cool down, but here’s a good sign to watch out for”

So, you were hoping to see some tasty gains after scooping up some CAKE at its recent lows. Now you are wondering whether you made the right choice after it failed to cook up noteworthy gains. CAKE is still trading within its narrow range between $4.15 and $5, where it has been stuck for moreContinue reading “Lower volumes, steady price action – Should you still have CAKE?”

While Bitcoin continues to perform within a tight range, attention is now shifting towards the U.S dollar. This is particularly due to the Dollar index’s impressive rally over the last few months, one which saw it rally to its highest levels in 20 years. However, it is currently showing signs of weakness. This has ledContinue reading “Why there’s good reason behind Bitcoin [BTC] waiting on the Dollar Index”