The geopolitical tension between Russia and Ukraine has resulted in investors seeking safe-haven assets. Contrary to expectations by crypto investors, Bitcoin (BTC) has failed to rise along with gold and it remains closely correlated with the U.S. stock markets. Lloyd Blankfein, former CEO of Goldman Sachs, said that the actions of governments freezing accounts, blocking […]
Polkadot (DOT) has generated several bullish divergences while trading inside a crucial support area, suggesting that a bounce could follow soon. DOT has been falling since reaching an all-time high price of $55.04 on Nov 4. The downward movement led to a low of $14.05 on Feb 14. The low seemingly caused a breakdown from […]
WAVES was once again trading higher, as cryptocurrency markets marginally climbed to start the week. Although the weekend’s red wave has not fully faded, FLOW was also able to move higher on Monday. WAVES WAVES rose for a second consecutive session to start the week, breaking out of its long-term resistance level in the process. […]
Drilling down to look at the changes over the past 24 hours, we can see that the coin with the strongest sentiment is now the stablecoin USD coin (USDC). With a 24-hour sentscore of 6, USDC is the only coin in the top 10 with a sentscore in zone defined as positive by Omenics. The […]
Dogecoin (DOGE) is trading inside a bullish pattern and is showing strong signs of a potential bullish reversal. However, the upward movement has not yet begun. DOGE has been decreasing since Aug 16. More specifically, it has been falling inside a descending wedge since Oct 29. The wedge is considered a bullish pattern, meaning that […]