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Solana (SOL) risks crashing 35% in the coming days as it comes closer to painting a so-called "megaphone" pattern.SOL price "megaphone" patternIn detail, megaphone setups consist of a minimum of lower lows and two higher highs and form during a period of high market volatility. But generally, these patterns consist
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NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto markets to start the
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Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April.Solana flips key resistance to supportTo recap, SOL's price underwent extreme pullbacks upon testing its multi-month downward sloping trendline in
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Bitcoin (BTC) has clawed back much of the losses that took place in January and now the focus of traders shifts to April, which has historically been a strong month for. According to Coinglass data, Bitcoin has closed April in the red only on three occasions and the worst monthly
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This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24.One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders where he said
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Bitcoin (BTC) and select altcoins broke above their immediate resistance levels but are struggling to sustain the higher levels, indicating that bears are not ready to give up.It is speculated that the spike in Bitcoin’s price on March 22 may have been caused by reports that Terra had sent 125
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Brian Smith, a Mango DAO contributor who helped spearhead the treasury proposals, told CryptoX the mSOL proposal was successful because it “hedges out some of the future price risk” that Mango Markets incurs by operating its trading rails with SOL. Plus, mSOL, the Marinade Finance-issued liquid staking token, offers the
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PayPal was a massive innovation in the payments processing industry. The financial brainchild of Peter Thiel, Max Levchin and eventually, Elon Musk aimed far ahead of its time, facilitating instant payments between customers, businesses and more while utilizing the internet.Solana (SOL) Pay is considered by many to be the next
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The speculation regarding the U.S. Federal Reserve’s tightening cycle and recent geopolitical developments may have resulted in panic selling by short-term traders. Analysis from Glassnode suggested that traders who had purchased Bitcoin (BTC) near the November 2021 high liquidated their positions in the past two and half months. This supply
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The price of Solana is riding the same wave as cryptocurrencies, stocks, and other risky assets around the world. Investors are hopeful that the present war in Ukraine would come to a conclusion following a meeting between Russia and Ukraine in Belarus. Despite the positive news and outlook, bulls are
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