By Afe Funbi Key highlights: SOL price is testing the all-critical $200 threshold after recovering from $165, with the next significant resistance at $211.54. On-chain metrics like transfer volume and active addresses confirm authentic user demand behind the rally. Technical charts show a breakout from a double bottom chart formation, but overbought RSI indicates there […]
Tag: ADA
By Emir Abyazov Last Sunday, investors started buying NFTs more actively amid the strengthening of cryptocurrencies. According to information from CoinCodex, the total capitalization of the NFT industry increased by 21.2% in 24 hours to reach $6.34 billion. CryptoPunks, the largest NFT collection by market capitalization, demonstrated an impressive 15.9% jump in its floor price, […]
By Emir Abyazov Trading firm QCP Capital released a report signaling the start of the long-awaited altcoin season. The Altcoin Season Index crossed the 50 mark according to major sources, reaching its highest level since last December. Altcoin Season Index. Source: CoinMarketCap Institutional Investors Lead the Charge Total open interest in perpetual Ethereum futures soared […]