Author: Yeek.io
AIXBT price is showing renewed signs of bullish momentum after a 25% rebound from its recent low, with technicals putting a potential move toward the $0.50+ region back on the table. Aixbt (AIXBT) price has rallied about 25% from yesterday’s intraday low of $0.1630—the lowest point of the latest pullback—to an intraday high of $0.2070 today. The trading volume is surging over 120% to reach $97 million in the past 24 hours. The price is once again trading above the EMA 20, with the bullish crossover between the EMA 20 and SMA 50 holding for over a month. Momentum indicators…
Swedish health technology company H100 Group AB has secured $2.2 million in funding led by Blockstream CEO Adam Back to expand its Bitcoin treasury holdings. According to a May 25 announcement, the Stockholm-headquartered firm raised 21 million Swedish krona (approximately $2.2 million) through 0% interest convertible loans. The funds will be used to purchase Bitcoin as part of H100’s broader pivot toward holding the asset on its balance sheet. Investment firms, including Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB, and Crafoord Capital Partners, contributed a combined $800,000 to the round. The largest share came from Back, a British…
The trendline support has been important in May. A short-term range formation could aid buyers looking to re-enter the BONK market. Bonk [BONK] saw a rejection at the $0.0000249 resistance level, the same level that rebuffed its bulls on the 14th of May. On the 1-day chart, BONK had a bullish structure. For close to a month, BONK has defended a rising trendline support. However, it failed to break above the $0.0000249 resistance, which previously formed a lower high during the late-January downtrend Source: BONK/USDT on TradingView The Trading Volume has been relatively high over the past three weeks.…
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…