TL;DR PENGU rejected at $0.043, but the daily chart structure remains bullish above short-term support. Whale activity increases on Upbit as traders shift from Dogecoin to Pudgy Penguins positions. Momentum shows early signs of fading as MACD flattens, with $0.038 key for trend support. Price Pulls Back From Resistance Pudgy Penguins (PENGU) was trading at…
TL;DR XRP whales move over 80M tokens off exchanges, signaling long-term holding behavior. $845M in single-day losses follows co-founder’s $140M sell-off amid price pressure. RSI cools from an overbought zone, indicating that XRP may be stabilizing after the recent price drop. Exchange Supply Drops Sharply Between July 23 and July 26, the amount of XRP…
TL;DR Large wallets added 130M DOGE during the recent price dip, suggesting strategic accumulation at lower levels. A potential double bottom pattern forms with key resistance at $0.2435 on the 4-hour chart. Dogecoin RSI dips into oversold territory as wallet growth climbs past 109M active addresses. Whales Acquire Large DOGE Volume During Market Pullback Over…
TL;DR Binance will pause all deposits and withdrawals on July 31 during a wallet maintenance. The company has recently implemented numerous changes to its platform, with some community members speculating that it may list Pi Network (PI) next month. The Upcoming Disruption The world’s leading crypto exchange announced that deposits and withdrawals for all networks…
TL;DR Solana has traded sideways for 18 months, unable to close above the $115 support and $230 resistance. Analysts say recent false breakouts may reset the stage for a larger breakout move. Weekly close above $230 could push Solana toward targets near $295 and possibly beyond. Range-Bound Movement Continues Solana (SOL) has mostly traded between…
TL;DR Over 600 million SHIB were burned in a single day. The total amount of the destroyed tokens since adopting the program stands at around 410.7 trillion. Analysts believe Shiba Inu could chart substantial gains if it overcomes certain resistance levels. On the other hand, rising exchange inflows hint at increased selling pressure. The Impressive…
TL;DR Injective enters the Layer-1 staked ETF race following its first such filing after launching its EVM-compatible beta mainnet. Technical breakout above $15.23 opens path to $25–$30 based on Fibonacci extensions. Injective leads all L1s in code commits and joins the top 10 blockchains by revenue. Cboe Moves to List First Staked INJ ETF in…
TL;DR The controversial project continues to face some verification issues, as not all users have completed the necessary migration step. In one of the latest updates, the Core Team advised what those who had not migrated to Mainnet yet had to do, but it quickly faced backlash. Mainnet Migration Issues The post by the team…
TL;DR After skyrocketing past its old all-time high at $3.4 about ten days ago, Ripple’s cross-border token has been unable to maintain above that level. Its current correction has taken it down to $3.15. However, one analyst believes it’s still not a proper ‘buy-the-dip’ opportunity. If $XRP loses the $3.15 support level, a pullback to…
TL;DR WIF charts show a clear pattern shaping near $1.40, often seen before a breakout. Weekly structure holds firm, but $1.26 must flip to open room toward the $3.80 zone. Trading activity is rising, yet positioning remains even, showing uncertainty across the board. WIF Charts Show Familiar Breakout Structure Dogwifhat (WIF) is forming a cup…