Ethereum Set to Break Out: Analysts Eye a 5% Uptick Targeting $2000
Trading at $1890 currently, Ethereum has made a slight gain of 1.5% in the last 24 hours. This follows a period of sideways movement, which then transitioned into an upward channel beginning on Thursday, the 25th of May. At present, Ethereum seems to be bouncing back from the lower limit of this channel, which is […]
Binance Coin (BNB) in Tight Spot as Downtrend Channel Presents 6-8% Downside Risk
Binance Coin (BNB) — Current Status Binance Coin (BNB) is trading at $305, registering a 13% drop since its peak in mid-April. As of May, BNB has been contained within a descending trend channel and is trading at its upper edge. This suggests that unless the broader market environment experiences a bullish shift, BNB is […]
Riding the Wave: OCEAN Protocol 5% Upswing in Sight
Current Market State: OCEAN Protocol’s Contrary Trend Trading at $0.42, OCEAN Protocol presents a unique narrative in the broader cryptocurrency market. Unlike many of its counterparts, which have mostly been on a downtrend since mid-May, OCEAN appears to have turned the tide. After losing 30% of its value between mid-April and mid-May, OCEAN found support […]