Yash Majithia

4 weeks ago | ambcrypto.com | Yash Majithia |Ishika Kumari |Benjamin Njiri |Vivaan Acharya

Recovery above the 20 EMA revealed marginal bullish strength, but the 50 EMA level of $0.46 will continue to pose as key resistanceDerivatives data showed short positions retreating as Open Interest and volumes spikedEthena [ENA] has bounced back from its multi-month lows near the $0.26-$0.28 range, registering an impressive rally that pulled its price above the 20 EMA. However, the altcoin is still struggling to flip its 50 EMA. This could be a crucial level for ENA’s next definitive move.

1 month ago | ambcrypto.com | Benjamin Njiri |Gladys Makena |Erastus Chami |Yash Majithia

ETH ETF flows briefly turned positive on Tuesday but logged $63M outflows on Wednesday. There was an increased interest in ETH as a corporate treasury asset. Ethereum [ETH] ETF flows turned positive after 10 days of an outflow trend, signaling a likely renewed demand for the altcoin. On the 4th of March, the products logged $14.58M inflows, and marched with a relatively stronger trading volume, noted Matthew Sigel, head of digital research at VanEck.

1 month ago | ambcrypto.com | Yash Majithia |Olayiwola Dolapo |Kelvin Munene Murithi |Ishika Kumari

WIF’s value has dropped by nearly 86% from its November 2024 peakWhile the RSI flashed a mild bullish divergence, overall derivatives data still underlined a bearish edgeDespite brief optimism after Trump announced plans for an upcoming U.S Crypto Reserve, the crypto markets saw more sideways movement over the last 48 hours. Dogwifhat’s (WIF) price peaked at around $4.8 in November 2024. However, since then, it has been making lower highs and lower lows on the charts.

1 month ago | ambcrypto.com | Adewale Olarinde |Benjamin Njiri |Samantha LKM |Yash Majithia

NexQloud, a startup in decentralized cloud computing, has announced the strategic listing of its NXQ token on BitMart, one of the world’s premier cryptocurrency exchanges. This milestone strengthens NXQ’s global liquidity and accessibility, paving the way for broader adoption of NexQloud’s Layer 1 blockchain and decentralized cloud infrastructure. Starting February 21, 2025, at 8:00 AM UTC, NXQ will be available to trade against USDT on BitMart.

1 month ago | ambcrypto.com | Adewale Olarinde |Benjamin Njiri |Samantha LKM |Yash Majithia

XRP’s active addresses have declined steadily, suggesting reduced engagement and potential price volatility ahead. A key support level is under pressure, and if broken, it could face further downsides despite broader market conditions. The number of active Ripple[XRP] addresses has significantly declined over the past three months, raising concerns about reduced network activity and its potential impact on price trends.