The Chaikin Money Flow Indicator Reveals Shiba Inu Has Low Accumulation

Shiba Inu's (SHIB) price bounced off the $0.0000085 key support level, but the rally is now quickly fading away, lacking strong bullish momentum and follow through. Furthermore, based on the Chaikin Money Flow (CMF) indicator, there are no signs of big institutions and whales accumulating the cryptocurrency.

24 Jun 22

 

Total Crypto Market Capitalization Crashed 70%

The total crypto market capitalization has fallen under the $1 trillion mark as most cryptocurrencies have crashed over 80% from their peak prices. At the same time, Bitcoin (BTC) lost more than 50% of its value this year and is now trading near the $20,000 psychological number.

23 Jun 22

 

GameFi NFT Assets Sets the Revolution in the Gaming Landscape

The video gaming industry has witnessed dramatic progress over the years. From monochromatic lines to 2D shapes to 3D gaming spaces, we have seen various stages of the gaming industry. Now, thanks to blockchain technology, a new era of GameFi has been introduced to the gaming industry.  

22 Jun 22

 

Long-Term Dogecoin Channel Shows How Far Away the Bottom Is

Dogecoin (DOGE) has been in a downtrend for the last 13 months, with the price action trading inside a descending channel. In this article, we used the weekly log chart to zoom out and see how far away the bottom of this bearish cycle could be from here.

20 Jun 22

 

What is Impermanent Loss, and How to Reduce It in Automated Market Makers

Research suggests that global Decentralized Finance (DeFi) platform markets will reach $507 billion in 2028, which would indicate a compound annual growth rate of 43.8%. One of the fundamental protocols of DeFi is the automated market maker. They provide liquidity to allow digital assets to be traded in a permissionless and automatic way.

20 Jun 22

 

When Will Bitcoin find a Bottom? Check this Long-Term Chart

Bitcoin's (BTC) slide seems to have no end in sight, with investor sentiment showing extreme fear. Yet, there's a light at the end of the tunnel, and to understand where Bitcoin goes from here, we need to step back and look at the bigger picture.

17 Jun 22

 

Ethereum’s CCI Extreme Oversold after Longest Weekly Losing Streak

Ethereum (ETH) just experienced its longest losing weekly streak in history after selling off for 10 consecutive weeks. The previous record losing streak was recorded on November 2016 when Ethereum sold off for 9 straight weeks.

17 Jun 22

 

The Potential Future of Meme Coins in 2022

Meme coins continue to receive traction in 2022. Today, popular meme coins are not only used as payment methods for real-world purchases but have also received a degree of mainstream adoption. However, one cannot ignore the fact that meme coin prices are heavily influenced by community sentiments and social media. 

16 Jun 22

 

Cryptohopper Data Breach

Please read our latest update about the Data breach that occurred the night of Thursday (the 9th) unto Friday (the 10th).

14 Jun 22

 

ChainLink Follows a 10 Week High-to-High Cycle

ChainLink (LINK) is on track to post its second consecutive weekly gain, but the rally is entering a time window where we can expect a top to be formed. ChainLink seems to follow a 10-week high-to-high cycle; at least, that’s what the cryptocurrency has been doing since mid-2021.

10 Jun 22

 

A Unique Way to Use the RSI in Crypto Trading

The Relative Strength Index (RSI) is not just a popular momentum oscillator, but it’s also a very versatile indicator. Once you understand the power of the RSI indicator and how to use it correctly, you will know when it’s the best time to enter and exit a trade.

09 Jun 22

 

Cryptocurrency Bear Market: Strategies of a Smart Investor

The cryptocurrency market has gone through several bull and bear cycles in the decade since its inception. Savvy investors leverage both these cycles to optimize their investment portfolio, rather than letting their emotions and gut reactions guide their investment.  In this article, we review key strategies that savvy investors use during a cryptocurrency bear market cycle. 

08 Jun 22

 

This Rare Zig-Zag Pattern Explains When Solana Sell-off Will End

Based on the Elliott Wave analysis, Solana's (SOL) sell-off is unfolding as a massive Zig-zag pattern. The cryptocurrency is showing an incomplete bearish sequence in the cycle from November 2021 all-time high, which calls for more downside.

07 Jun 22

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