ApeCoin nears $4 once again, but can the bulls keep up the pressure?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AXS posted 30% gains in the past week. It also recorded massive demand despite mounting selling pressure. Axie Infinity [AXS] has been recording impressive weekly performances. It posted...

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%...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. LTC dropped below its rising channel. LTC’s price consolidation could persist into the weekend but change early next week. Litecoin [LTC] hit rock bottom of $61 in...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. FTM was strongly bullish on the three-hour chart despite its sideways structure. Short-term holders enjoyed massive gains. Fantom [FTM] has remained relatively bullish in the past week, apart...

Disclaimer: 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...

MATIC, worth $56 million, was transferred to a whale address before its price surged. Metrics and market indicators supported the bulls at press time. Polygon [MATIC] became a hot topic of discussion in the crypto space as its price pumped at an unprecedented rate. CoinMarketCap’s data revealed that MATIC registered double digit growth last week, which helped it re-enter the top 10 club. At press time, it was trading at $1.14, with a market capitalization of more than $9.9 billion.

The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. All...

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...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AVAX could reclaim its pre-FTX level in the next few days. The Funding Rate for AVAX remained positive in the derivatives market. Avalanche [AVAX] is an inch away...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. SOL could aim at a critical selling pressure zone if BTC aims at $23.3K. SOL’s development activity improved, boosting investors’ confidence. Solana [SOL] dropped below the...

OANDA, a leading online trading platform, has been named Singapore’s #1 crypto broker for client satisfaction, according to a recent survey conducted by a leading financial news outlet. This marks the second consecutive year OANDA has received this honor, solidifying its position as the go-to choice for crypto traders in Singapore.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Two obstacles block FIL’s path to its pre-FTX levels. FIL’s development activity fell, but the Funding Rate remained positive. Filecoin [FIL] rally in January offered investors...

Bitcoin may regain some volatility to end the month as options expire. Exchange reserves drop to a monthly low but some whales are still cashing out. There are only a few days remaining until the month ends but this might be enough time for a major Bitcoin move. It has been losing volatility in the last few days but there is one event that can potentially trigger a resurgence of volatility.

Uniswap’s NFT aggregator registered a sharp uptick in sales volume and active users. Native token UNI jumped by 3.61% at press time. As per a tweet by crypto analyst firm Messari on 27 January, about $3.3 million worth of NFTs in volume was routed through Uniswap [UNI] in the first month of its launch.

BTC’s social dominance has grown tremendously since the year began. Its price might increase even more as bullish sentiment lingers in the market. The growth in the general cryptocurrency market since the commencement of the 2023 trading year has led to a rally in Bitcoin’s [BTC] dominance in the market. At 44.18% at press time, it has increased by 5% since 1 January.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. With Bitcoin’s (BTC) trading volume rocketing beyond $40 billion, the digital asset’s price has been on an up-and-down roller coaster. Many traders and investors are unsure of where Bitcoin will go next as the market develops.

The Aave community passed the AIP 14 to authorize clearing CRV’s bad debt. Aave’s on-chain transaction volume was largely at a loss at press time. On 26 January, the developers of the Aave [AAVE] protocol had announced that they had acquired 2.7 million Curve [CRV] tokens from the latter’s platform.

Decentraland is working towards stimulating development activity. MANA bulls and bears locked in a tug of war: A look at the two sides of the coin. If you bought Decentraland’s MANA in December or earlier this month, then good for you. It has so far delivered an impressive performance until recently when it faced resistance at a key level.

The MakerDAO burn strategy was in one of its most active states. MKR’s momentum could eventually become bearish. Decentralized Finance protocol and builders of DAI, MakerDAO [MKR] have been involved in burning its tokens as part of its tokenomics strategy. This fascinating activity has been happening since 2018. And, in turn, has helped MKR holders increase their voting ability and decrease spending costs.

Polygon became the 10th largest crypto in terms of market cap. Metrics remained bullish over the last week. Polygon [MATIC] reclaimed its position as the 10th largest cryptocurrency in the world in terms of market capitalization by flipping Solana [SOL]. Thanks to MATIC’s recent price action, which helped the network once again enter the top 10 clubs.