
Adewale Olarinde
Crypto Copy Writer at AMBCrypto
Crypto Journalist @ https://t.co/fCImdFp9tG
Articles
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3 weeks ago |
ambcrypto.com | Gladys Makena |Olayiwola Dolapo |Samantha LKM |Adewale Olarinde
SHIB has declined by 12.34% in thirty days, hitting a 2-week low. Shiba Inu investors are aggressively buying the memecoin, signaling a potential recovery. After facing rejection at $0.000015 and the subsequent failure to break out of a descending triangle, Shiba Inu [SHIB] has faced strong downward pressure. Over the past four days, the memecoin has seen a sustained decline, dropping from a high of $0.0000156 to a 2-week low of $0.000012.
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3 weeks ago |
ambcrypto.com | Olayiwola Dolapo |Samantha LKM |Adewale Olarinde |Jacob Thomas
SOL has captured a notable share of the stablecoin supply over the past 24 hours as interest grows. Accumulation in the spot market has increased over the past five days, indicating rising market interest in the asset. Despite its recent bearish trend over the past week and months, Solana [SOL] has remained relatively stable over the past 24 hours as sentiment shifts, dropping slightly by 1.05%.
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3 weeks ago |
ambcrypto.com | Olayiwola Dolapo |Samantha LKM |Adewale Olarinde |RITIKA GUPTA
Toncoin price movement has had a low correlation with major crypto assets over the past month. The rising OBV and the bullish market structure meant there was room for more gains. Toncoin [TON] staged an aggressive recovery from $2.5 earlier in March. Since forming the monthly lows at $2.35, TON was up 66% in three weeks. The rally also meant its market structure was bullish on the 1-day chart, and traders and investors can expect the trend to continue.
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3 weeks ago |
ambcrypto.com | Olayiwola Dolapo |Samantha LKM |Adewale Olarinde |RITIKA GUPTA
Whales have continued selling, and large derivative traders face massive liquidation losses if ETH drops. Massive supply ahead of ETH and selling pressure threaten to push the asset’s price lower. Recent market activity hasn’t favored Ethereum [ETH]. In the past week alone, it declined by 12.75%, with the possibility of a further drop looming as market sentiment turns increasingly bearish.
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3 weeks ago |
ambcrypto.com | Samantha LKM |Adewale Olarinde |RITIKA GUPTA |Gladys Makena
What has happened in previous signals? Historically, when the stablecoin ratio channel hit similar low levels, it has often signaled the onset of a bullish phase for Bitcoin and altcoins. For instance, during the 2020 market downturn, the SRC fell into the accumulation zone, shortly before Bitcoin rallied from around $10,000 to nearly $40,000 in just a few months. A similar pattern occurred in mid-2021, where a drop to the oversold region preceded Bitcoin’s surge to new all-time highs.
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