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2 months ago | 
eng.ambcrypto.com | Benjamin Njiri |Samantha LKM |Akashnath Sumukar |Akashnath's focus
PancakeSwap has gained 41.4% in under three days with high trading volumeThe quick price action boomerang indicated bullish strength in the short-termPancakeSwap [CAKE] has seen high volatility over the past two weeks. The bearishness around the market saw CAKE make a bearish market structure break when it fell below $1.87. This fall has quickly recovered, but the daily market structure remained bearish. The $2.1 resistance zone was overhead.
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2 months ago | 
eng.ambcrypto.com | Akashnath Sumukar |Akashnath's focus |Indian markets
BNB has fallen below its 200-day Moving Average and is likely to face resistance at $600-$615. The 3-day liquidation heatmap revealed a potential retest of the $525 area before a price bounce. Binance Coin [BNB] has a firmly bearish sentiment in the short-term. This is unsurprising given the swift losses in the past 72 hours. Since the 31st of January, BNB has dipped by 15.6%, as the losses in the U.S. market have deeply affected the crypto sphere.
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Jan 21, 2025 | 
eng.ambcrypto.com | Ishika Kumari |Samantha LKM |Akashnath Sumukar |Akashnath's focus
ELON retraced toward the 78.6% Fibonacci level after strong weekend gains. The MVRV and mean coin age underlined selling pressure and short-term bearishness. Dogelon Mars [ELON] witnessed a 252% price gain on Sunday but has retraced a good chunk of those gains since then. It is likely to retest the $0.000275 level (ELON market prices multiplied by 1000 for legibility) but a deeper dip would heavily dent the chance of a bullish continuation.
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Mar 23, 2024 | 
eng.ambcrypto.com | Akashnath Sumukar |Akashnath's focus |Indian markets
On March 22nd, the United States Securities and Exchange Commission (SEC) once again postponed its decision on Grayscale’s application to list an Ethereum futures exchange-traded fund (ETF). The SEC is required to issue a final decision by May 30th, but it had also delayed the decision in December of last year, seeking public comment on whether Ethereum’s proof-of-stake (PoS) consensus mechanism could lead to fraud or manipulation.
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Jan 20, 2024 | 
eng.ambcrypto.com | Akashnath Sumukar |Akashnath's focus |Indian markets
BNB could surge higher in search of liquidity. Bullish market participants should be cautious of a quick reversal in that scenario. Binance Coin [BNB] saw an uptick in buying volume in recent weeks but still lacked the strength to force a breakout. The trend had been firmly bullish in December but ground to a halt in early January. The $315-$330 resistance zone refused to yield. At press time, BNB was trading within a range that extended from $289 to $325.
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Jan 15, 2024 | 
eng.ambcrypto.com | Akashnath Sumukar |Akashnath's focus |Indian markets
Ethereum faced some turmoil after recent volatility muted bullish sentiment. Despite this, the usage and holder sentiment remained strong, which is good news for investors. Ethereum [ETH] saw a drop in its estimated leverage ratio metric over the past month. This downward trend came at a time when prices managed to scale past significant resistance levels. The volatility behind Bitcoin [BTC] was one contributing factor.
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Dec 2, 2023 | 
eng.ambcrypto.com | Himalay Patel |Adewale Olarinde |Akashnath Sumukar |Akashnath's focus
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Lido token maintained its strong uptrend on the higher timeframe charts. The $2.2 and $2.55 levels have been critical in the past two weeks, and bears have refused to yield $2.55-$2.7 so far. Lido Finance [LDO] token has hovered beneath a key resistance level since mid-November.
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Dec 1, 2023 | 
eng.ambcrypto.com | Himalay Patel |Dipayan Mitra |Akashnath Sumukar |Akashnath's focus
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Optimism has performed well both on the price charts and in DEX metrics. The retest of a long-term resistance could see OP rejected. Optimism [OP] faced challenges due to the state of the L2 sector. A recent AMBCrypto report dived deeper into these implications and how the DEX was able to thrive despite the competitive environment.
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Nov 22, 2023 | 
eng.ambcrypto.com | Victor Olanrewaju |Akashnath Sumukar |Akashnath's focus |Indian markets
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Celestia bulls were forced to retreat from the $7 zone as bears appeared to seize the upper hand. A retracement and consolidation could be underway, and key support levels to watch were highlighted. Celestia [TIA] reached a high of $7.42 on 18th November.
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Nov 21, 2023 | 
eng.ambcrypto.com | Victor Olanrewaju |Akashnath Sumukar |Akashnath's focus |Indian markets
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. RNDR climbed above a resistance level from May. The rally was going strong and chances of a deep retracement appeared weak. Render [RNDR] has trended upward on the one-day price chart since the 15th of September. Early in 2023, RNDR flipped the $0.92 level to support.
