In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $ 81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51% over the same period. NFT Market Chaos: …
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
On August 12, 2024, ethereum (ETH) was priced at $ 2,683, fluctuating within a 24-hour range of $ 2,523 to $ 2,720. With a market capitalization of $ 321 billion and a trading volume of $ 17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing …
Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
Ethereum’s price stands at $ 3,311, with a market capitalization of $ 404 billion. The 24-hour intraday trading range has fluctuated between $ 3,277 and $ 3,500, while the 24-hour trade volume has reached $ 16.82 billion. A technical analysis across various timeframes highlights significant bearish indicators. The confluence of …
Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure
Bitcoin’s price continues its downward trajectory, coasting along at $ 63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders as bearish trends dominate the charts. Bitcoin In the short term, the 1-hour …
Bitcoin Technical Analysis: Bearish Sentiment Tightens Grip as BTC’s Downtrend Continues
As of June 19, 2024, bitcoin’s price is $ 65,283, fluctuating within an intraday range of $ 64,149 to $ 65,633. On Wednesday, the leading cryptocurrency saw a trade volume of around $ 31.28 billion, with a market capitalization of $ 1.28 trillion. Bitcoin Bitcoin’s oscillators reflect mixed sentiment. The …