NEO in Freefall: Plunges 18% But Bulls Lurk in the Shadows!
NEO — Current Status: Navigating Through Bearish Currents NEO, often called the ‘Chinese Ethereum,’ is currently navigating turbulent market currents. As of recent data, NEO trades at $7.59, a sobering drop of 18.4% in the last 24 hours. The token broke out bearishly from a Descending Triangle pattern and fell below the crucial $9.00 mark, […]
MATIC Plummets 22%: The Bear, the Bull & the Potential Bounce!
Current Status – MATIC’s Turbulent Descent MATIC, the token at the core of the Polygon network, is currently going through rough waters, trading at $0.593. In the last 24 hours, MATIC’s price has dropped a staggering 22.40%, indicating a pronounced bearish trend. A bearish breakout from a Falling Wedge and a dip below the crucial […]
BNB on a Bearish Swing: Navigating Through a 10% Dip!
Current Status – BNB: Grappling with Market Currents BNB, Binance’s native token, is on a bearish track, trading at $237.70, marking a 9.59% dip within the past 24 hours. This setback is accompanied by a bearish breakout from a Rising Wedge pattern, a usual bearish reversal sign, further backed by its fall below the 200-day […]
The ADA Rollercoaster: Bracing a 12% Drop — time for a Bounce?
ADA — Current Status The cryptocurrency world is no stranger to volatility, and Cardano’s native token, ADA, bears no exception. Currently trading at $0.262, it’s taken a substantial 12.79% plunge within 24 hours. In the rollercoaster-like landscape of crypto, ADA has recently experienced a bearish breakout from its ‘Channel Up’ pattern, falling below the significant […]
Analysis of XRP, ALGO & THETA on 10th June 2023
Summary After a strong beginning of the week, the crypto market has taken a turn for the worse, with BCH, AVAX, and DOGE all seeing significant decreases in price. While BCH continues to hold above $100, both AVAX and DOGE have fallen below key support levels, with DOGE sitting at just over $0.06. The overall […]
Analysis of EOS, DOT, BCH on 10th June 2023
Summary After a strong beginning of the week, the crypto market has taken a turn for the worse, with BCH, DOT, and EOS all seeing significant decreases in price. While BCH continues to hold above $100, both DOT and EOS have fallen below key support levels, with DOT sitting at just over $4.50. The overall […]