The recent sell-off in the crypto market has wiped out the recovery gains of the second week of January. The ADA price has lost around 35% and plummeted to $1 support. This V-top price reversal now targets this bottom support to continue the red rally. Key technical points:  The ADA coin shows a lower price

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ETH/USD tumbled on Monday following the bear attack on Wall Street. NASDAQ dives 3% as the prospect of a Russian attack on Ukraine posed another threat for traders already worried by aggressive US policy tightening. At the time of writing, ETH/USD trades at $2,225.10, down 12% on the day. Luxor prepares to launch Ethereum mining

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The week begins in red and there is no stoppage for the sellers till now. Ethereum (ETH) trades at $2,337.04, down 9% on Saturday. The previous day witnessed a single largest one-day percentage fall since June 21. The downside move is echoed by Ethereum’s market cap, which is being pushed down to $291.21B of the

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Terra (Luna) price breached $60.0 briefly before recovering back to the psychological level on Saturday. LUNA extends its two-days decline after failing to hold highs near the long-term horizontal resistance near $87.91. Terra’s (LUNA) price is not immune to the global sell-off in the crypto market. The loss is limited due to the launch of

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Shiba Inu’s (SHIB) price extends the previous sessions downward moment on Saturday. At the press time, SHIB is trading at, down 11% for the day. After a sharp sell-off on NASDAQ, the crypto currency market hit the fresh lower grounds. Market participants are expecting a further continuation of downside momentum, with a possibility of $0.000015.

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Cardano (ADA) price falls for the fifth straight session on Saturday. The Digi currency is on the lookout to hit a fresh all-time low. At the press time, Cardano is trading at $1.0934, down 10.27% for the day. This is the second single-day fall after the previous session’s record sell-off. Cardano (ADA) price hit the

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BNB price action has been fading towards $400 after being rejected near $500, with bulls unable to close above the 100 DMA. The recent break of the important moving average crossovers signals witnesses no major correction. The formation of consecutive three “Doji” candlesticks reflects a conflict between the market participants. BNB price lock-in modest gains

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The MATIC price retraces to the support trendline of the rising channel in the daily chart. The increased trend-momentum of the downfall threatens the breakout of the support trendline. However, the falling prices are close to the confluence of the trendline and the $2 mark. Therefore, the possibility of a bullish reversal is still on the

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The Constellation (DAG) price is still trapped in a moderate correction phase. The DAG/USD price started a recovery rally as the coin was entering the year 2022. However, a descending trendline is interrupting any bullish rally trying to reclaim the higher level. Source-Tradingview Historical Performance During the third quarter of 2021, the DAG coin parabolic

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The short term MATIC price analysis showcases a correction phase in action. However, a bullish pattern in the 4-hour chart highlights the possibility of a bullish reversal. Nonetheless, traders must stay cautious in taking a side before the fruition of the pattern to avoid any traps in the chart. Key technical points:  The MATIC price struggles

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During the last two months of 2021, the $500 mark was critical support for BNB coin bulls. However, entering 2022, the bear overpowered this coin and extended the correction rally below $500. Obtaining strong support from the $400 mark, the BNB price is rallying back to the $500 level, but this time as potential resistance.

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