Should you continue HODLing Litecoin [LTC] in the coming month?

BTC’s Realized Capitalization showed that the leading coin is now overbought. On-chain assessment hints at a price drawback in the coming days. According to CryptoQuant analyst Axel Adler Jr, due to the bullish nature of the general cryptocurrency market since the year began, the Realized Capitalization metric for many assets grew significantly in the past 20 days.

TRON will soon announce partnership with BitTorrent. TRX’s price increased over the last day and the metrics, along with market indicators, looked bullish. TRON [TRX] reached a new milestone that reflected its increased adoption across the globe. TRONSCAN revealed that TRON’s total accounts surpassed the 140 million mark – they stood at 140,010,268 at press time.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. LINK faced a price rejection at the selling pressure zone at $7.500. Holders still enjoyed profits. Chainlink’s [LINK] uptrend momentum was facing a crucial short-term blockade. LINK dropped...

Dogecoin recently saw an increase in whale transactions. The dog-themed token has also recently seen a spike in its daily active addresses. Whale activity has increased for Dogecoin [DOGE], which is also the ninth-largest cryptocurrency by market capitalization, according to CoinMarketCap. Whales’ action boosted the token price and impacted some other indicators as well.

Ripple’s ODL product reaches new heights but sees a decline in sales. XRP’s price and weighted sentiment metric surge, but growing short positions raise concerns. Ripple‘s On Demand Liquidity (ODL) product has been making headlines as the firm reported sales of over $200 million in Q4 of 2022.

SHIB’s last year’s performance did not lead to massive dumps by institutional investors and whales. The token had the potential to remain significant in the long term based on the technical outlook. Shiba Inu’s [SHIB] 2021 disruption of the crypto market was one reason it amassed a lot...

Miners might revert to a revenue increase as the Puell Multiple left the capitulation area. Market statistics showed that the current condition was not overheated. Bitcoin [BTC] holders were not the only recipients of welcome developments recently. Like the holders, miners who have struggled with inhospitable conditions may also have cause to celebrate in the near term. This is after they had spent months in losses.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Binance Coin surged above resistance; retracement could be a buying opportunity. The market structure remained bullish. Binance Coin [BNB] beat the 12-hour bearish order block near $316 after...

AlephZero was added to Polkadot as the 38th parachain. Despite declining activity, staker interest and development activity increased. AlephZero, a zkSnark based cryptocurrency, was added to Polkadot [DOT] as the 38th parachain on the network. This addition to Polkadot could likely improve the state of its ecosystem. However, despite the growing ecosystem, there were areas where Polkadot did not show any improvement.

Bitcoin saw over 50,000 in Coin Days Destroyed. The Aroon indicator, however, pointed to the absence of pending price reversal. There are indications that Bitcoin’s [BTC] recovery remained active at press time, and that it may soon surpass the $23,000 price level. The fact that these transactions appeared to be increasing suggested that it was caused by the movement of whales.

CME Open Interest in Bitcoin grew, implying a decline in volatility. Miner revenue fell while selling pressure increased. According to a 31 January tweet by Arcane Research, Bitcoin’s [BTC] rally was slowing down. Despite this, institutional interest in Bitcoin continued to grow. One indicator of high institutional interest in...

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. Solana traded within a range (orange) between $20.4 and $26.6, with the midpoint at $23.5 since mid-January 2023. Above $26.6, $30.7 is the next major resistance level. However, the $26-$27 region itself presents a significant zone of resistance.

The total value locked on Lido Finance went past $8 billion in January. Despite the feat, the protocol’s native token was down 5.82% at press time. Lido Finance [LDO] had a rollicking start to 2023 after it eclipsed MakerDAO [MKR] to become the biggest decentralized finance [DeFi] protocol, as per DappRadar. Moreover, the total value locked (TVL) of Lido’s smart contracts went past $8 billion in January 2023, which amounted to gains of over 36%.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Aptos has retested a 4-hour bullish order block. A breakout past $19-$20 could see APT register massive gains. Aptos has registered gains of 18% within 12 hours to...

Both NFTZ and the Rally sidechain announced plans to close the projects. Ethereum and Solana NFTs increased sales in the last 30 days. Despite some resurgence in NFT prices and transactions, the ecosystem might still be plagued with some downsides. Bloomberg, in its 31 January update, reported that the DeFiance Digital Revolution EFT, also known as ticketNFTZ, was shutting down.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MKR chalked a bullish flag pattern on the daily chart. The token’s Funding Rate remained flat but positive. Maker [MKR] offered over 30% gains to investors in...

Aave [AAVE] has seen increased activity from whales as its value has also increased. The Netflow and price movement suggest a positive impact on AAVE. The whales’ interest in cryptocurrencies recently appears to have intensified. According to recent statistics, Aave [AAVE] has attracted the interest of whales, but how has whale action affected it?

Everlend recently announced that it is shutting down its operations. Assessing the potential impact of Solana’s new loss. Every blockchain network aims to achieve healthy growth and the same goes for dApps and projects operating within those networks. But, success is not always guaranteed especially in unfavorable market conditions....

AXS users can now access NFT loans and also earn staking rewards. Despite the development, Axie Infinity was struggling with improving adoption. On 2 February, Axie Infinity’s [AXS] engine, the Ronin network, confirmed that users of the Play-to-Earn project could access loans directly in their wallet. According to the announcement, the feature was made available after the network’s collaboration with MetaLend.

Polygon outperformed Ethereum in NFT transactions, solidifying its layer 2 position. Despite growth in the NFT market, the network faced declining dApp activity and token volume. Polygon [MATIC], a layer 2 scaling solution for Ethereum [ETH], has been outperforming the latter in terms of the number of NFT transactions made...