The MATIC price is attempting to break out of a downtrend that it has been stuck in for nearly a month now. The decline in active deposits is signaling that investors are poised to refrain from selling going further. The MVRV ratio in the opportunity zone further substantiates the potential for accumulation and recovery.
Chainlink (LINK) price might encounter obstacles as key indicators point towards potential corrections on the horizon. After a period of relative stability, LINK’s daily active addresses have started to decline, indicating a possible reduction in interest. Additionally, LINK’s Average Directional Index reaching 30 signals a strong and potentially sustained trend for the week ahead.
#STXUSDT ( Stacks ) - Price Analysis: New All-Time High Signals Bullish Momentum Shift
Stacks (STX) price is drawing attention after reaching a new all-time high. Its 7-day Relative Strength Index (RSI) dipped from 83 last week to its current level of 79. While this still suggests an overbought condition, the decline hints at a possible shift in momentum.
The Litecoin price (LTC) hit a multi-month high in March after breaking through the $100 barrier. The altcoin, however, could not sustain this rise and ended up correcting 25%.
#XRPUSDT ( Ripple ) - Price Rejected at Golden Ratio: What’s Next?
The XRP price has recently encountered a bearish rejection once more at the critical golden ratio level, approximately valued at $0.75. Subsequently, the price of Ripple has entered a corrective phase.
#SHIBUSDT ( Shib*1000 ) - Price Could See Another 20% Decline – Here’s Why
Shiba Inu price has already lost two major support levels and is now moving further below. Investors have already begun backing out, as evidenced by the plunge in the network growth. Short-term investors added another 23 trillion SHIB to their holding, increasing the bearish impact on the price. The Shiba Inu (SHIB) price downtrend is expected to extend beyond the current 30% as the meme coin is losing the backup it had gained over the past few weeks. The likely outcome is another 20% plunge on the daily chart, but if SHIB bounces back from a crucial support level, it could recover.
Fantom (FTM) has seen a notable surge in the percentage of profitable holders, reaching 55%. A similar milestone was historically accompanied by a dramatic 858% increase in FTM price in less than four months. This suggests a potential upcoming price movement.
#XRPUSDT ( Ripple ) - Here is Why the Ripple (XRP) Price Correction Could Continue
What’s next for Ripple (XRP) Price? A significant decline in XRP development activity has been observed, with a tenfold decrease over ten days. This raises concerns regarding ongoing interest and innovation within the XRP ecosystem. Furthermore, daily active addresses associated with XRP have fallen by 20% in the past week.
#ARBUSDT ( Arbitrum ) - Time to Sell Arbitrum (ARB)? 8.95 Million Tokens Sent to Binance
Arbitrum, a leading Ethereum Layer 2 scaling solution, experienced a substantial asset shift among investors after its recent token unlocking.
In Brief After Arbitrum's recent token unlocking event, approximately 8.95 million ARB tokens, valued at $16.4 million, were transferred to Binance. This move, often interpreted as bearish in the crypto market, coincided with a broader downturn, causing ARB's price to drop to $1.62. Despite the price decline, Arbitrum remains a dominant force in the Ethereum layer-2 space, boasting significant transaction volume and TVL.
#MATICUSDT ( Polygon ) - Will Polygon (MATIC) Price Re-Test $1 Support as Whales Offload?
Recently, there’s been a noticeable stagnation in the growth of active addresses using MATIC, unlike the steady increase observed just a few weeks earlier. Whales have steadily reduced their MATIC holdings in the last two weeks, contributing to potential market volatility.
With supply on exchanges still decreasing, the potential for a bullish scenario for FTM price persists. Currently, approximately 43% of investors are holding onto their investments despite not having achieved a profit in the hope that the market will recover and prices will increase.
#LTCUSDT ( Litecoin ) - Price Grew 40% In One Day: Will The Party Continue?
The landscape of Litecoin has witnessed a notable shift since early February, with the trader demographic (those holding for less than a month) expanding their presence from 7.84 million LTC to an impressive 11.13 million LTC.
#AVAXUSDT ( Avalanche ) - Price Faces Stern Test to Claim $50 Price Barrier – Can Bulls Succeed?
Avalanche price is at the cusp of breaching a crucial resistance level, which could largely impact the overall profits of AVAX holders.
Avalanche price is close to breaching the $50 resistance level that has been unbreached since May 2022. About 9.16 million AVAX bought at an average of $53 is awaiting a breach of the barrier to turn profitable. Technical indicator MACD is observing the first bullish crossover since October 2023, making AVAX ripe for a rise.
In Brief Shiba Inu's price surged 267% in 10 days, hitting a Fibonacci resistance at $0.000037, potentially signaling a new bullish cycle if surpassed. Despite bullish tendencies in weekly and daily charts, caution is advised due to heavily overbought conditions, with potential corrections finding support at $0.00003 and $0.00002. Mixed signals in the 4H chart show a bullish trend confirmed by a golden crossover but with bearish MACD lines, suggesting a decisive break at $0.00003 or $0.000037 for SHIB's direction. The price of Shiba Inu (SHIB) has surged by over 226% against BTC in just ten days, even as BTC reaches new all-time highs. This significant increase reflects a broader trend seen in many other memecoins, suggesting a possible rise in the popularity and influence of memecoins in the current market landscape. Shiba Inu Surges 267% in 10 Days: What’s Next? The price of Shiba Inu Coin has surged by approximately 267% in the last ten days, reaching a significant Fibonacci resistance level at around $0.000037. If SHIB breaks this resistance, the next notable Fibonacci resistance will be around $0.000057.
#ADAUSDT ( Cardano ) - This Is Why Cardano (ADA) Price Is Potentially on the Cusp of a 15% Correction
Cardano’s price had an impressive start in March, but this momentum slowed over the past few days. ADA is now threatened by a potential correction that could wipe out a large chunk of its recently noted gains.
#SHIBUSDT ( Shib*1000 ) - Price Forecast: Holders’ Resilience Key to Sustaining Bull Run
Shiba Inu’s price recently witnessed a notable incline, and investors and traders are keenly observing the indicators to forecast its next move. Is this just another crypto rollercoaster, or are we seeing the beginning of a sustained price elevation for the memecoin?
#DOGEUSDT ( Doge ) - Is Dogecoin Ready for a 300% Bull Run? Analysts Weigh In
Dogecoin (DOGE) is making headlines, with its recent price surge sparking discussions of a potential 300% bull run. As meme tokens gain traction, DOGE’s open interests have surged significantly. #TrendingTopic#Dogecoins#BTC