On the 19th of April, ETH encountered an outflow exceeding 145,800, marking one of the largest outflows recently. Despite an overall increase, a detailed analysis of the chart suggests that the progression has been nearly stagnant, indicating a lack of significant influx in recent times. Based on the trajectory of the staking chart, it’s evident that most of the withdrawn ETH is not being staked. It commenced the week near $3,100 but faced several days of declined after that.  This sentiment was particularly strong given the recent Bitcoin halving, fostering beliefs that ..read more

  BTC recently flashed bullish tendencies showing the Network Value to Transactions (NVT) ratio that suggested that the analysts might have a point. However, a low NVT ratio means the network is undervalued, and prices can move higher in the short term. In case if BTC drops, the next area of interest would be $62k. At this point, open positions worth $50M could be wiped out. NVT Ratio indicates whether a cryptocurrency is overvalued or not. If the metric spikes, it means that the cryptocurrency might be overvalued relative to the transactions. If this does not happen, the price ..read more

  ETH jumps to break $3,600 this morning again as the buying pressure seems to be more from whales and institutions, as the most anticipated BTC halving also seems near in two weeks. But the reports showed that a bearish chart pattern had developed and could see prices fall to $3,200. This bearish outlook has not yet changed. A move below $3056 would mean that swing traders should shift their bias toward selling. The RSI showed a reading of 47 and has been below neutral 50. Bulls seems to have still some hope that the bearish chart pattern would not move toward its complet ..read more

  Recent data shows ETH continued to trade within the short-term range. Having a bullish bias on the higher timeframe price charts, and whales are accumulating at a faster pace. This accumulation could continue for some more time, which could hinder attempts to break out in either direction. ETH has witnessed a decline of momentum on its network over the past two-three weeks. Its 12-hour RSI showed a reading of 52, which signaled bullishness. However, despite the buying volume in the past ten days, the OBV could not embark on an uptrend. ETH is showing a 76.9% retracement level whic ..read more

  BTC has gained its bullish momentum over the last few hours again, as it's value surpassed the $70k mark after dropping under $64,000 the last week. The longing movement in the last seven days was higher than average. If long term holders moved for the purpose of selling, it may have a negative impact. Also, selling sentiment in general seemed to have been dominating the market. MACD and other technical indicators suggest a bullish crossover soon, hinting that BTC is getting ready for a further bull rally. Nonetheless, BTC’s growth momentum might decline as its Money Flow Ind ..read more

Pitbull is a community driven BNB chain based meme token which prides itself on community development and claims to be a “unique social experiment” by engaging investors in the development of the community, as well as in the project itself. Pitbull rewards its investors through an auto staking mechanism, which guarantees passive yield by rewarding token holders with fees from transactions that are conducted in PIT. Pitbull is listed on more than 20 top tier exchanges and platforms including Pancakeswap, 1inch, Mexc Global, Gate.io, Bitkan, Hotbit, CoinEx, Bitget, P2pB2b, Digifinex, Bico ..read more

  BNB recently witnessed a massive rally showing a record growth of over 20% following this week and almost touched $492.73 a record high since May 2022, when the entire crypto industry witnessed the fall of Terra (Luna). The current value of BNB marked a two-year high as the coin had experienced the worst bear market. One reason for this forecast is the altcoin’s liquidation levels. Also, as per the analysis of the BNB/USD daily chart, the On Balance Volume (OBV) has jumped in recent times. Concerning the price action, this was a bullish signal. In addition, the Directional Mo ..read more

  The world’s largest crypto asset by market cap, just broke $68k in the last 24 hours, even touched $68.7k, before profit takers pulled it back to the $66-$67k region, according to the data from CoinGecko. Bitcoin was almost touching and reclaiming its previous all-time high (ATH) as of Nov 2021, marking a spirited recovery from bear market depths at the end of 2022. The short sellers witnessed a liquidation of $120 million worth of Bitcoin short positions in the last 24 hours. BTCs have been steadily moving out from exchanges like Coinbase and Binance etc. A marked divergence was ..read more

  BTC has gained a massive bullish momentum after it broke the $52,000 and $53,000 resistance levels. There was also a spike above the $57,000 resistance zone. Bitcoin is now trading above $59,000 and the 100 hourly SMA. Immediate resistance is near the $59,300 level. The next key resistance could be $60,200. BTC has also broken above the 7W supertrend. The recent inflows in BTC ETFs over the last week are a testament to the demand that these products are getting noticed by retail investors. With institutional investors gaining more exposure to BTC, demand is expected to rise, espec ..read more

  In the last two weeks, ETH has seen massive jump in it's price and is being trade in the $2,900-$3,000 price range. Recent data shows that the addresses that acquired ETH within the $2,600 to $3,000 price range indicates a nearly equal distribution between addresses in profit and those out of profit. The data showed that 7.24M addresses, accounting for 54.73% in this category, are currently in profit. Conversely, 6.28M addresses, representing 43.84%, are currently out of profit. The experts are reporting that we might see an increase in selling pressure if these addresses mov ..read more