Closing the trading month at an index price of $679.41, MKR recorded a 42% decline in its price in August. On a daily chart, this free fall in price within the 30-day period caused the token to make a falling wedge. It broke out of same on 22 September and has since posted only green candles.
The project behind the infamous MimbleWimble upgrade, Litecoin [LTC] recently saw its hashrate hit a new all-time high (ATH). According to data from OKLink, the hashrate ATH of 511.56 TH/s was logged on 22 September. Trading at a price level that was 87% from its ATH, LTC’s press time price was representative of a decline seen since the summer. On a year-to-date basis, the price of LTC has dropped by 64% since the beginning of the year. The last 24 days...
Livestreamed by over 40,000 people, the Cardano Vasil Hard Fork upgrade was implemented on 22 September at 9:44 p.m. UTC. Needless to say, it was soon declared a success. That’s not all, however. Following the hard fork, ADA’s price rallied by over 4% to close the 22 September trading session at $0.458 on the price charts. For a while, ADA continued on its upward price trajectory to exchange hands at a high of $0.4789...
Published 1 hour ago In our previous Apecoin price analysis, we accounted for the formation of an inverted pennant pattern and how it will influence the coin’s future price. Currently, the coin price trades at the $5.6 mark and indicates an intraday growth of 4.26%. The altcoin’s recent reversal from the resistance trendline means ongoing consolidation will last for a few more sessions.
Of late, XRP has received a lot of media attention, in part due to its legal disputes with the SEC and partly owing to its appreciating price trend. In fact, data from LunarCrush indicates that XRP’s social engagements and mentions have also seen a favorable response lately. XRP is ranked above 3,800 cryptocurrencies on LunarCrush’s Alternative Ratings, according to their most recent tweet. There is a sizeable community for XRP, and the...
SAND has been trading near its 2022 range after a bearish performance in the second half of August. It has struggled to overcome this lower range since then, waiting for a potential catalyst to breathe life back into the bulls. However, SAND investors may have just gotten that highly anticipated catalyst. The Sandbox just concluded the week with the announcement of its metaverse game Alpha Season 3 launch. The game is an important addition to the Sandbox ecosystem because it...
Published 1 hour ago The Shiba Inu price rebounded from the $0.0000103 support with a morning star candle. As a result, the altcoin witnessed a three-day winning streak with a good volume hike. This high momentum recovery challenges the $0.000012 resistance offering a breakout opportunity for interested traders.
U.S.-based crypto exchange Coinbase is in the news again. And this time, the exchange faces a lawsuit filed by Veritaseum Capital LLC over an alleged patent infringement. The lawsuit, which was filed in the U.S. District Court in Delaware, claims that Coinbase infringed a patent held by Reggie Middleton, founder of Veritaseum Capital.
On Friday (September 23), a very popular crypto analyst explained why $XRP has performed so well in the past week or so. As you can see from data by TradingView, on crypto exchange Bitstamp, XRP-USD has gone from around $0.3238 on September 16 to around $0.4930 where it...
The number of whale addresses on the network of the meme-inspired cryptocurrency Dogecoin ($DOGE) has recently moved up by 5,13% after six new whales joined the investor class by scooping up 620 million tokens. According to popular cryptocurrency analyst Ali Martinez, who shared that from cryptocurrency analytics firm...
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