Following the resolution of the Securities and Exchange Commission (SEC) case against Ripple, XRP is showing signs of a potential major price rally. On-chain data indicates that XRP’s Market Value to Realized Value (MVRV) ratio has formed a “golden cross,” a rare technical pattern where the short-term MVRV ratio surpasses its long-term 200-day moving average. … Read more
According to crypto analyst Ali Charts and other market observers, Dogecoin (DOGE) has entered a historically significant buy zone around the $0.21 level. Currently trading just above $0.20, DOGE is sitting on the lower boundary of an ascending parallel channel that has previously triggered major price rallies, including those in 2017 and 2021. While this … Read more
The memecoin Pudgy Penguins (PENGU) is experiencing a significant surge, with its value climbing 13% in the last 24 hours to reach $0.0372. This impressive performance has outperformed major cryptocurrencies like Bitcoin and Ethereum and has been accompanied by a 60% increase in its trading volume. Market analysis and on-chain data suggest that this rally … Read more
Crypto analyst Ali Martinez has set an ambitious long-term price target of $46 for Chainlink (LINK), but he cautions that this projection is valid only if the token’s critical $13 support level holds. The forecast comes as LINK is experiencing a period of consolidation, with momentum indicators showing a lack of a clear trend. Currently, … Read more
MetaMask, the popular crypto wallet used by over 100 million people, has added support for the Sei Layer 1 blockchain. This integration allows users to directly access Sei’s ecosystem of applications, tokens, and NFTs from their wallet. Users can now easily swap, bridge, and buy Sei tokens using built-in payment options like credit cards and … Read more
The MYX Finance token ($MYX) has been on a wild ride, skyrocketing 477% in a single day to hit an all-time high of $2.09. This massive price surge, which saw the token’s value increase 16x in a week, was primarily driven by several key factors. First, major exchange listings, including a “Binance Alpha” category spot, … Read more
Despite a 4% intraday drop on Tuesday, Shiba Inu (SHIB) found solid support at the $0.000012 price level. While the broader crypto market saw a wave of profit-taking, a notable increase in trading volume for SHIB suggests that investors were buying the dip. According to CoinMarketCap data, spot trading volumes for SHIB surged by nearly … Read more
South Korean crypto custodian BDACS has launched regulated institutional custody for XRP, fulfilling a key part of its partnership with Ripple. The announcement, made on August 5, confirmed that BDACS will now provide custody services for what it calls one of the country’s most popular digital assets. This development follows an agreement made in February … Read more
While Solana (SOL) has recently seen its price remain stable around $168, a deeper look suggests the cryptocurrency could be on the verge of a major price increase, driven primarily by institutional interest. Several major companies are accumulating significant amounts of SOL. For example, DeFi Growth has added over 110,000 SOL in a single week, … Read more
Toncoin (TON), the cryptocurrency linked to Telegram, has outperformed the broader market, surging 14% since July 24. Currently trading around $4, both on-chain and technical indicators suggest more upside is likely. Key Factors Driving the Optimism: Liquidation Heatmap: Data from Coinglass shows a significant cluster of liquidity near the $3.77 price zone. This indicates strong … Read more