
Erastus Chami
Articles
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4 days ago |
ambcrypto.com | Erastus Chami |Ishika Kumari |RITIKA GUPTA |Benjamin Njiri
WIF saw bearish momentum in recent days, but showed signs of beginning to recover. The absence of buying volume might give swing traders pause. dogwifhat [WIF] has begun to recover from the recent setback that knocked its price down from $1.12 to $0.85. This 24% drop occurred over two days, when Bitcoin [BTC] slipped from $108k to $104k at the end of May. Over the past 24 hours, BTC bounced from $103.8k to $106.5k, a 2.5% move. This gave space for the crypto market to recover some recent losses.
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1 week ago |
ambcrypto.com | Samyukhtha L KM |Kelvin Munene Murithi |Ishika Kumari |Erastus Chami
Bitcoin saw withdrawals from trading platforms, a sign of rising adoption and steady demand. The long-term MVRV ratio and its moving average crossover were worth keeping an eye on. Bitcoin [BTC] was hardly perturbed by the increased selling from miners as it set a new all-time high. Despite the steady demand, its multi-year MVRV trend could serve as an early warning for BTC holders. In a post on X, crypto analyst Axel Adler Jr observed that Bitcoin miners had stepped up their sales to exchanges.
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1 week ago |
ambcrypto.com | Erastus Chami |Benjamin Njiri |RITIKA GUPTA |Jacob Thomas
WIF has a bullish long-term outlook, but investors will need to wait a while longerThe short-term range formation, and Bitcoin leading the market, meant WIF bulls must wait their turndogwifhat [WIF] was trading within another range after challenging a resistance from earlier in the year. Its technical indicators were not strongly bullish, but buyers retained the upper hand. dogwifhat has reversed its downtrend since December.
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1 week ago |
ambcrypto.com | Erastus Chami |Benjamin Njiri |RITIKA GUPTA |Samyukhtha L KM
Bitcoin smart money showed signs of absorbing retail sell pressure. The current BTC cycle peak was estimated to occur in fall 2025. The trading missteps of a whale were made public recently. The Bitcoin [BTC] whale had faced losses on a long position, and more losses after flipping short. “Just like us, fr” read a comment on X (formerly Twitter). Although humorous, the episode came alongside high trading activity in the derivatives market.
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1 week ago |
ambcrypto.com | Benjamin Njiri |RITIKA GUPTA |Samyukhtha L KM |Erastus Chami
During its recent rally, Ethereum did not see a flurry of activity from retail investors in the spot market. The consistent demand for ETH in May showed that the price dip might not last long. Ethereum [ETH] saw its short-term bullish sentiment fade. An ETH whale wallet recently deposited 10,195 tokens worth $25.67 million to the centralized exchange Kraken. Such moves usually signal an intent to sell. The recent correction from $2.8K was influenced by a rise in Taker Sell Volume.
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