Evans Boto

1 week ago | ambcrypto.com | Evans Boto |Benjamin Njiri |Olayiwola Dolapo |Gladys Makena

Sonic has posted respectable gains since April, challenging the $0.34 resistance againAltcoin saw its third rejection from the same resistance in MaySonic [S], at the time of writing, appeared to be trading within a range. This range has been in play since February. When Bitcoin [BTC] hit the $75k-mark, the Sonic token dipped to its low at $0.182. Following Bitcoin‘s rally to new highs, S has climbed to challenge the range high at $0.347. So, Sonic rallied by 90% while BTC only rallied by 46%.

2 weeks ago | ambcrypto.com | Benjamin Njiri |Kelvin Munene Murithi |Evans Boto |Gladys Makena

Worldcoin made quick work of the resistance zone at $1.4Surge could see the token overextended, making a pullback inevitableWorldcoin’s [WLD] price registered a major 1-day candle on the charts, with the same rallying by 37% and counting for the day. In fact, the daily trading volume increased by nearly 140%, compared to the previous day. The trend of WLD had been bullish over the past month, but this explosive move was not anticipated.

2 weeks ago | ambcrypto.com | Evans Boto |Samyukhtha L KM |Gladys Makena |Lennox Gitonga

As the cryptocurrency market continues to heat up globally, more and more users are turning to cloud mining—a hassle-free way to mine cryptocurrencies without purchasing expensive hardware. In the United States, especially, cloud mining services have become an ideal low-barrier entry point for anyone interested in Bitcoin mining. But which platforms are truly trusted, legit, and suitable for US-based users?

2 weeks ago | ambcrypto.com | Kelvin Munene Murithi |Erastus Chami |Evans Boto |Gladys Makena

Falling exchange reserves and the lack of large whales selling were strong positives for bullsLong-term holders’ realized price metric revealed a pattern that suggested a swift rally was imminentBitcoin [BTC] has traded within a range for nearly ten days. This range formation came alongside falling exchange reserves. The Crypto Fear and Greed Index was at 74 at press time, highlighting greed in the market. Bitcoin’s Dominance saw a pullback, but it remained within its ascending channel.

2 weeks ago | ambcrypto.com | Kelvin Munene Murithi |Erastus Chami |Evans Boto |Gladys Makena

Ethereum flashed conflicting signs about investor interestTrade volumes alongside withdrawals from exchanges might be the biggest clueEthereum [ETH] fell by 11.5% in five days, falling from $2,738 on Tuesday to $2,426 at press time. During this fall, negative exchange netflows reinforced the idea of accumulation. In fact, 16 May also saw the single largest ETH withdrawal from exchanges since early April.