
Erastus Chami
Articles
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1 week ago |
ambcrypto.com | Ishika Kumari |Erastus Chami |Benjamin Njiri |Gladys Makena
As interest in SHIB declines among retail investors, more than half of its holders are facing losses. Meanwhile, traders are turning their attention to XYZVerse, which has skyrocketed by an astonishing 4,988%. This shift in focus hints at changing tides in the market and raises questions about what’s driving this remarkable surge. XYZVerse ($XYZ) has brought a brand-new concept to the memecoin niche by blending the excitement of sports with the fast-moving energy of crypto.
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1 week ago |
ambcrypto.com | Erastus Chami |Samyukhtha L KM |Olayiwola Dolapo |Gladys Makena
SUI maintained its bullish market structure, but it seemed to be facing a short-term retracementSwing traders should keep an eye on the psychological round number support at $3Sui [SUI] registered strong gains towards the end of April, but it has shed 8.8% since Friday, 2 May. It reclaimed a bullish market structure on the 1-day chart after surging past the previous lower high at $2.78 on 23 April. Back then, Bitcoin [BTC] had rallied swiftly from $85k to $93k.
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3 weeks ago |
ambcrypto.com | Erastus Chami |Vivaan Acharya |Olayiwola Dolapo |Ishika Kumari
Bitcoin has made steady gains over the past three weeks on the back of rising demand. The liquidation heatmap showed that the $91k level could see a bearish reversal. Bitcoin [BTC] was inching higher on the price chart. Over the past three days, it was able to break above a month-long descending trendline resistance and achieve a 4.5% price gain. The dollar sell-off saw the U.S. Dollar Index (DXY) reach its lowest level since 2022, accompanied by rising BTC prices.
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4 weeks ago |
ambcrypto.com | Erastus Chami |Benjamin Njiri |Vivaan Acharya |Jibin Mathew George
BONK has been trading within a descending channel for a monthLiquidation cluster near the channel highs could pull the price higher in the coming daysBonk [BONK] has continued to exhibit a bearish facade on the 1-day timeframe. Over the past month, the $0.0000099-level has been tested twice. This level was a crucial support back in January 2024. If the prevailing downtrend continues, the 2024 low might be surpassed by BONK‘s bears.
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1 month ago |
cryptonews.bizlim.com | RITIKA GUPTA |Erastus Chami |Ishika Kumari |Olayiwola Dolapo
Ethereum dominance has collapsed to a five-year low of 8%. AMBCrypto’s data shows Ethereum’s dominance has declined since mid-2024, despite a bullish cycle. Ethereum [ETH] emerged as one of Q1’s biggest high-cap underperformers. While its price drawdown remains in focus, a more concerning metric is its market dominance, which has plunged to a five-year low of 8%. In fact, it’s the metric that has retracted levels last witnessed during the COVID-induced market cycle.
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