Stellar (XLM) could soar by 25% to reach the $0.45 level if it holds the $0.35 level. Currently, 65.4% of top traders on Binance hold long positions, while 34.6% hold short positions. XLM, the native token of Stellar, is poised to reverse its downside momentum due to the formation of bullish price action, as reported…
ADA has declined by 8.77% over the past 24 hours. Market fundamentals show strong bearish outlook while an analyst predict a rally after correction. Since hitting $1.3, Cardano [ADA] has struggled to maintain an upward momentum. As such, it has experienced a strong downward pressure which has strengthened over the past week. Over this period, ADA…
contributor Posted: December 22, 2024 FLOKI has formed a bearish double-top pattern on its one-day chart, which shows a prevailing downtrend. Despite the recent gains, open interest has declined, indicating a lack of conviction among traders. Floki [FLOKI] has recovered from bearish trends, gaining 9% in the last 24 hours and trading at $0.000188 at…
It’s difficult to predict market trends late in 2025, but assuming the current trends will carry over to the beginning of the new year, we can identify some good sectors for Canadian investors to invest in. The tech sector The tech sector and individual tech stocks like CGI (TSX:GIB.A) have increased steadily for the past several…
XRP surpasses 1.618 Fibonacci level, analysts eye a potential 6,800% rally to $168 this cycle. Strong uptrend confirmed as XRP trades above 20, 50, 100, and 200-day EMAs, showing bullish momentum. XRP’s price action is attracting attention as analysts reference historical Fibonacci extensions to predict potential long-term targets. Following a breakout from a six-year triangular…
Solana’s rise challenges Cardano’s market position, but can Cardano reclaim its relevance in 2024? Source link
contributor Posted: December 15, 2024 Helium’s bullish thesis will hold only if the daily candle closes above the $9.80 mark. HNT’s Open Interest has soared by 13%, indicating growing participation from traders amid a potential breakout. Helium [HNT] appeared to be creating opportunities for traders amid the ongoing uncertainty in the cryptocurrency market. However, HNT…
contributor Posted: December 13, 2024 ORCA crypto was trading within a symmetrical triangle pattern at press time. There was adequate buying pressure from market participants. Orca [ORCA] has recorded a 15% gain over the past week due to increased market interest. However, the momentum that drove its surge has faltered, with significant selling activity causing…
GOAT recorded a strong bullish bounceback after retesting the major support zone on the charts Almost $1 million in leveraged GOAT orders risk liquidation at $0.866 Goatseus Maximus (GOAT) seemed to be on its way back above $1 as it surged by more than 31% in the last 24 hours, at the time of writing….
Ethereum’s exchange reserve was dropping, signaling high buying pressure. However, the RSI was resting in the overbought zone. Ethereum [ETH] has been struggling to breach the $4k barrier for quite some time now, as it is getting rejected near the resistance. However, latest analysis revealed that the path for ETH moving towards a new all-time…