As the king alt finally found a close above the $2,600-level, it jumped above its 20/50 EMA. Now, as it flashed a bullish edge on its technicals, it endeavored to challenge its reversal pattern on the 4-hour chart. Cosmos faced a strong rejection of higher prices at the $27-mark while its 20 EMA continued to … Read more
As Ethereum struggled to cross the $3,766 resistance, most alts found it difficult to sustain an uninterrupted rally. The overall sentiment still remained in the ‘fear’ zone. While gathering hefty volumes was a substantial hurdle, SAND and NEAR exhibited an increasing bearish influence. Ethereum (ETH) Source: TradingView, ETH/USD Following a massive sell-off, ETH saw a … Read more
Due to increased adoption, general bullish sentiment in the crypto space and DeFi, transactional activity is at its highest average levels ever. Hence, the popularity of layer 2 solutions due to cheaper, faster characteristics led to the rise of projects such as Polygon. However, irrespective of L2 solutions, L1 networks of Bitcoin, Ethereum continue to … Read more
