Author: Yeek.io

An analyst has explained how Dogecoin could still have a chance at a parabolic run if the support level of this pattern ends up holding. Dogecoin Is Retesting The Lower Bound Of An Ascending Channel In a new post on X, analyst Ali Martinez has shared a long-term Ascending Channel that the 1-week price of Dogecoin has been trading inside over the years. The “Ascending Channel” here refers to a pattern from technical analysis (TA) that forms when an asset’s price observes consolidation towards a net upside between two parallel trendlines. The upper line of the channel is drawn by connecting…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the sentiment around Ethereum (ETH) has recently soured on social media, something that could actually help the coin reverse its price. Ethereum Positive/Negative Sentiment Has Declined Recently According to data from the analytics firm Santiment, traders on social media have become bearish toward Ethereum following the price drawdown. The indicator of relevance here is the “Positive/Negative Sentiment,” which tells us about whether the social media users are bullish or bearish toward a given coin. The metric works by going through the major social media platforms…

2Watch Skins Corporation, a company specializing in smartwatch face designs sold through non-fungible tokens (NFTs), has filed a lawsuit against luxury fashion giant LVMH. The lawsuit alleges that LVMH, which owns brands like Louis Vuitton, Givenchy, and Tiffany, infringed on Watch Skins’ patented NFT display technology.The complaint was filed in a Texas federal court on March 10. Watch Skins accuses LVMH of unlawfully using its technology that allows NFT owners to display their digital artworks on smartwatches.The company claims it first patented this technology in 2018 and showcased it at the Consumer Electronics Show in Las Vegas in 2020.According to the…

Toncoin’s price slump has left 96% of holders in the red, raising concerns about investor sentiment and market stability On-chain metrics revealed declining activity and profitability The cryptocurrency market has seen its fair share of turbulence lately, and Toncoin [TON] holders are feeling its weight. According to data from IntoTheBlock, approximately 96% of TON holders are currently at a loss, highlighting the downturn’s severity. As the price continues to hover near its recent lows, market sentiment remains grim, with traders questioning whether a recovery is on the horizon or not.  96% of TON holders are underwater A deep dive into…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A new technical analysis suggests that the crypto market, which includes altcoins like Ethereum (ETH) and Dogecoin (DOGE), is about to experience a major altcoin season that could last 217 days. If critical support levels are maintained, the analyst…

10x Research’s head crypto researcher isn’t ruling out Bitcoin repeating its 2024 price action, where it spent much of the year consolidating after hitting all-time highs early on.“Very possible,” Markus Thielen told Cointelegraph when asked what the chances of Bitcoin (BTC) repeating a similar market movement to 2024, where it reached an all-time high of $73,679 in March before entering a consolidation phase, swinging within a range of around $20,000 up until Donald Trump was elected as US president in November.Bitcoin’s current chart signals “market indecision”Thielen said he had this thought even two months ago, around the time Bitcoin hit…

Robinhood’s listing boosted PENGU, PNUT, and POPCAT with double-digit recoveries POPCAT may be primed for an extended rebound, but it faces a key overhead hurdle.  Popcat [POPCAT] and Peanut the Squirrel [PNUT] topped Solana [SOL] memecoin daily performers on Friday, before the U.S market session opened. According to Coinmarketcap data, POPCAT surged by 16% while PNUT bounced by 6%. In fact, it was among the top three performers over the last 24 hours.  Source: CoinMarketCap The upswing followed Robinhood’s listing of the memecoins, including Pudgy Penguins [PENGU] on 13 March. PENGU jumped by 26% after the update, but it erased…

As the final migration deadline for Pi Network approaches, traders are growing increasingly anxious. With the cutoff set for March 14, 2025, market sentiment has shifted dramatically, igniting fears of a sharp price crash that could plunge PI into a freefall. Over the past few weeks, PI has been trading in a narrow band around $1.67, hovering just above a key support level of approximately $1.64. Despite recent attempts to break out of a descending channel, the price remains vulnerable. Analysts warn that a breach below this support could trigger a cascade of sell orders, potentially driving the price down…

Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report, Russian oil companies and traders increasingly conduct transactions in bitcoin and crypto, allowing them to circumvent restrictions from Western nations. Sources say monthly trade volumes are already in the tens of millions of dollars. The mechanism involves Chinese or Indian buyers purchasing oil and depositing yuan or rupees into an offshore account owned by a middleman company. The middleman then converts the fiat currency into crypto…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana (SOL) is facing significant selling pressure and struggling to hold key support levels as the entire crypto market remains under stress. Bulls have lost control, with SOL plunging over 37% since the start of March, reflecting the broader…