Should Ethereum Classic bulls wait for a dip to the range lows?

Should Ethereum Classic bulls wait for a dip to the range lows?Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Ethereum Classic traded within a range.  Range highs and range lows could be key over the next few days. Bitcoin continued to consolidate around the $23k area. While it has a bullish bias, a dip […]

Optimism short-term holders planning to book profit should read this first

Optimism short-term holders planning to book profit should read this firstVelodrome, a new DEX on Optimism, witnessed a 52% uptick in TVL. Despite declining transactions and testnet performance, positive indicators suggested an optimistic future for Optimism. Recently, a new decentralized exchange (DEX) on the Optimism network called Velodrome witnessed a 52% uptick in its total value locked (TVL). This significant growth in TVL has also […]

NEAR is still far from its pre-FTX level, but don’t lose hope because…

NEAR is still far from its pre-FTX level, but don't lose hope because...Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion NEAR must overcome two obstacles to reach its pre-FTX levels. NEAR’s Funding Rate stagnated for the past week. NEAR Protocol [NEAR] posted 118% gains after rising from $1.240 to $2.710. But the uptrend hasn’t […]

Ethereum [ETH] resists the downside despite Sun’s >$15M transfer

Ethereum [ETH] resists the downside despite Sun’s >$15M transferTron founder Justin Sun transferred $15.5 million ETH out of his wallet to Poloniex. Despite the exchange inflow, ETH was able to resist sell pressure. On 25 January, Justin Sun transferred 10,000 worth of Ethereum [ETH] to his Poloniex account, Lookonchain disclosed. Such large transfers were usually with the intention to sell and probably push […]

Bitcoin moves above short-term bull flag- Will $26k be the next target?

Bitcoin moves above short-term bull flag- Will $26k be the next target?Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The daily timeframe structure was strongly bullish. A dip below $22.2k will break the lower timeframe bias. Bitcoin rallied hard throughout January and has posted gains of 44.3% from the swing low to the swing […]

Arbitrum outperforms Polygon and Optimism in this key area

Arbitrum outperforms Polygon and Optimism in this key areaArbitrum generated higher revenue compared to other L2 solutions with no token incentives. NFT trading volume surged on Arbitrum. Arbitrum was observed to be generating more revenue when compared to other layer-2 solutions like Optimism and Polygon. According to data provided by the token terminal, Arbitrum generated $14.4 million in revenue without accumulating any overhead […]

ApeCoin [APE] moves to a higher range, but there’s an issue

ApeCoin [APE] moves to a higher range, but there's an issueDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion APE could oscillate in a higher range if BTC maintains the $23K zone. There was a slight accumulation despite a drop in trading volume. ApeCoin [APE] has been oscillating between $5.386 and $6.000 since […]

Litecoin sharks may have the final say on LTC’s direction- Here’s why

Litecoin sharks may have the final say on LTC’s direction- Here’s whyLitecoin’s $1 million transactions reached a January high. The LTC’s possible direction could be dependent on continual whale action. After hitting highs earlier in January, Litecoin [LTC] whales have stamped their authority in the market again as large transactions hit peak levels.  According to Santiment, whale transactions around the $1 million region hit 2023 highest […]

Aptos [APT] is in price discovery, are you too late to the party?

Aptos [APT] is in price discovery, are you too late to the party?Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The higher timeframe charts showed overbought conditions but APT hasn’t slowed down yet. Short-term consolidation near $18 meant a retest could offer a buying opportunity, with Fibonacci extension levels to take profit at. Bitcoin broke […]