Bottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January
Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms. Go to Source Powered by WPeMatico
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Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms. Go to Source Powered by WPeMatico
Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically referred to as crypto whales, … Read more
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. … Read more
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum … Read more
Boxing legend Mike Tyson, aka “Iron Mike,” says he is “all in on solana.” He is now asking his Twitter followers how high the price of the cryptocurrency SOL will go. Mike Tyson Asks How High the Price of Solana Will Go Mike Tyson, one of the greatest heavyweight boxers of all time, has been … Read more
Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous cryptocurrencies have lost 30% or more since 2021’s price … Read more
Bitcoin and most major altcoins have fallen to key underlying support levels, which could be an early sign of an impending oversold bounce. Go to Source Powered by WPeMatico
Solana reportedly went offline for four hours on Jan. 4, however Solana.Status shows there have been no issues on the network. Go to Source Powered by WPeMatico
2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A great number of coins have either been pushed down or have entered the crypto economy’s top positions in terms of overall market … Read more
Not all digital assets have made positive price movements during the 2021 bull run. Go to Source Powered by WPeMatico