Author: Yeek.io

Ethereum has seen a significant surge in recent weeks, rising more than 40% in the last month and reclaiming the $2,500 mark after a drop toward $1,800. But despite the bullish momentum, there are signs that the rally may be hitting a wall. The $2,800 level is emerging as a critical zone of resistance, and a closer look at on-chain and technical data suggests that selling pressure could rise as Ethereum (ETH) inches closer to it. According to a May 24 post by Glassnode, there’s a notable cluster of investor cost basis levels around $2,800. This means that many holders…

DOGE fell 4.97% despite a 20.57% monthly gain, facing rejection at a recurring resistance level. A $1.4M liquidation cluster sits above the current price, historically acting as a magnet for short-term moves. Dogecoin [DOGE] took a price hit, trending toward the lower end, following a decline of 4.97%. This opposes the direction of its overall move over the past month, which saw a gain of 20.57%. AMBCrypto looked into several market factors that could determine DOGE’s potential market trajectory, especially as sentiment takes different angles. Strong resistance level ahead for the price DOGE hit a critical resistance level that, on…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price is undoubtedly in a better place in recent weeks than it was in the year’s first quarter. However, the “king of altcoins” appears to be stuck in a loop — one involving repeated pushbacks at a specific price level. After riding the week’s bullish momentum, the Ethereum price faced significant downward pressure above $2,700 and has since crashed to around where it started the week. Below is the underlying factor for ETH’s struggles above $2,700. What’s Happening To ETH’s Price Above $2,700? In a…

The Ethereum market price rose by a net 3.16% in what proved to be another historic week for the crypto market as Bitcoin registered a new all-time high price. Notably, the prominent altcoin has largely benefited from the general market resurgence in the past month, resulting in a 44.69% price increase over this period.  Interestingly, popular crypto analyst Ted Pillows has tipped Ethereum to maintain this positive performance based on a bullish chart pattern. Related Reading: Ethereum Net Flows Turn Negative As Bulls Push For $3,500 Potential ETH Breakout Pattern Hints At $3,000 Mark – Analyst In an X post…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure It’s no secret that Ethereum’s performance has been tame compared to Bitcoin since the start of this cycle. However, this trend became most apparent at the start of the year when ETH’s price fell toward the $3,000 mark while BTC continued to move sideways above $100,000. When the Bitcoin price eventually lost the $100,000 level in the first quarter, the value of Ethereum had already fallen close to $2,000. While the premier cryptocurrency has reached a new all-time high in recent days, the “king of altcoins” faces…

Dogecoin price remains in a tight range, 53% below its highest point in November, but a forming cup and handle pattern points to an eventual surge to $0.8630 and beyond.  Dogecoin (DOGE) token was trading at $0.2200 on Sunday, 68% above its lowest level in November. It is still the biggest meme coin in crypto, with over $32 billion in market capitalization.  Dogecoin price technical analysis points to a rebound The weekly chart shows that the DOGE price peaked at $0.7390 in 2021 when Elon Musk was pumping it. It then plunged and bottomed at $0.048 in June 2022. The…

Prominent cryptocurrency trader James Wynn has liquidated his long positions with Ethereum and Sui at a loss of approximately $5.3 million as market conditions reversed. The high-profile investor subsequently increased his Bitcoin (BTC) exposure, which currently stands at 11,070 BTC, worth roughly $1.19 billion. According to blockchain analytics platform Lookonchain, Wynn’s aggressive position sizing has resulted in unrealized losses exceeding $20 million, including funding costs. The massive Bitcoin position faces liquidation risk at $104,820. As the market dropped, top trader @JamesWynnReal closed his long positions on $ETH and $SUI, losing ~$5.3M.He then doubled down on $BTC longs, pushing his position…

Shiba Inu is nearing a local technical bear market after falling by over 17% from its highest point this month. Shiba Inu (SHIB) was trading at $0.000014 on Sunday, with its 24-hour volume dwindling to $158 million. This volume is much lower than that of other popular meme coins like Dogecoin (DOGE), Pepe (PEPE), Official Trump (TRUMP), and Bonk (BONK). The underperformance is happening because of the ongoing whale and mart money selling and falling burn rate. ShibBurn data shows that the daily burn rate crashed by 85% to 2.14 million. Its weekly burn rate also dropped, with the biggest…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is trading around $2,500 after failing to reclaim the $2,700 level during the week. Despite the rejection, market sentiment remains cautiously optimistic, with many analysts viewing the recent pullback as part of a healthy consolidation phase. After weeks of volatile swings, ETH appears to be stabilizing above key support levels, potentially setting the stage for a stronger breakout in the weeks ahead. Top analyst Ted Pillows shared a technical outlook suggesting that Ethereum may be forming an inverse head and shoulders pattern on the 12-hour chart—a…

Dogecoin maintained its crucial $0.20 support, showing resilience despite broader market weakness. Key technical indicators are worth watching for confirmation of a sustained move higher. Dogecoin [DOGE] is stubbornly holding above the crucial $0.20 support level, even as the broader market sheds risk. This resilience hints that buyers are stepping in strong, potentially turning this zone into a solid floor. With risk-on sentiment likely to re-emerge, is DOGE primed for a potential retest of $0.30 resistance? Why $0.20 is a make-or-break level for Dogecoin DOGE’s daily chart is showing some classic setups.  Historically, when Dogecoin consolidates in a tight two-week…