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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

While President Donald Trump has maintained a pro-cryptocurrency stance, Bitcoin (BTC) buyers at the time of his inauguration are now in the red, despite the asset’s rally during his swearing-in. Notably, on January 20, 2025, at the start of Trump’s second term, BTC traded at the coveted six-figure value of $101,083.  However, as of press time on April 8, Bitcoin has plunged, reflecting broader market volatility partly stemming from trade tariff uncertainty.  The flagship asset has dropped to $79,676, marking a 21% decline since Inauguration Day. BTC YTD price chart. Source: Finbold To put this drop into perspective, if you had invested $1,000 in Bitcoin on January 20, you’d now have approximately $787, a $213 drop in value. Indeed, Bitcoin has failed to make a decisive upward move despite Trump implementing some of his cryptocurrency-friendly policies, such as establishing a strategic Bitcoin reserve.  The investors appe...

The Pudgy Penguins price pumped 9% in the last 24 hours to trade at $0.03306 as of 7:06 p.m. EST on trading volume that skyrocketed 60% to $619 million. Pudgy Penguins Price On A Bullish Trend Reversal The Pudgy Penguins price Analysis on the 4-hour timeframe shows that PENGU has been trading within the confines of a falling channel pattern, according to CoinGecko data. The recent action shows the Pudgy Penguins price breaching the upper boundary of the channel at $0.032, indicating a potential bullish trend reversal. Meanwhile, the 50-day Simple Moving Average (SMA) is currently acting as a dynamic resistance at approximately $0.03459, and the price of Pudgy Penguins is showing signs of retesting this level. If the wedge breakout occurs, the price could test the horizontal resistance level marked around $0.045. A breakout above this resistance could trigger further bullish momentum. Overall, the pattern suggests that the market is transitioning from a bearish to a potential bulli...

The Aave price surged 28% in the last 24 hours to trade at $353.80 as of 02:23 a.m. EST on trading volume that jumped 28% to $2 billion. This comes as crypto wallets connected to the Trump family-supported World Liberty Financial (WLFI) project purchased millions of dollars worth of various major tokens. Data shows that WLFI purchased $1 million in AAVE tokens using USDC. This acquisition was made alongside $1 million in LINK tokens and $10 million worth of Ethereum (ETH). Aave Price Currently On A Sustained Bullish Trend The 4-hour chart for AAVE/USD showcases a parabolic upward curve, a hallmark of exponential AAVE price growth. This parabolic move was initiated after a consolidation period near $266–$288, depicted by the purple rectangular region, according to data from GeckoTerminal . Following the consolidation, the price decisively broke out, gaining momentum to reach $353.80, a significant rally. The 50-day Simple Moving Average (SMA) and the 200-day SMA are both slop...

The global crypto market cap has fallen 19% in the past 24 hours, but the overall market sentiment is positive. Cryptocurrency prices have fluctuated for a while, including Bitcoin (BTC). BTC finally went above 100K, even though it couldn’t stay above the 100K mark for long. Meanwhile, Ethereum (ETH) seems to be closing in on 4K. Identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it ...

The Sandbox price plunged 15% in the last 24 hours to trade at $0.653 as of 02:13 a.m. EST on trading volume that dropped 61% to $2.3 billion. Sandbox Price Could Still Soar The SAND/USD chart exhibits a clear bullish trend in recent weeks, characterized by a sharp upward breakout in the Sandbox price. However, the current retracement indicates profit-taking or a potential pullback after a parabolic move. According to GeckoTerminal data, the Sandbox price broke above both the 50-day and 200-day Simple Moving Averages (SMAs), a classic bullish signal indicating a shift in momentum. Moreover, the Relative Strength Index (RSI) is at 71, which has entered the overbought zone (>70), indicating the recent rally might be overextended. Overbought conditions often lead to short-term pullbacks or consolidation phases. If RSI starts to decline toward neutral levels (50), it would suggest waning momentum. Adding to the general bullish momentum, the Moving Average Convergence Divergence (M...

The EGO price skyrocketed 34% in the last 24 hours, to trade at $0.02317 as of 02:33 a.m. EST on trading volume that surged 93% to $3.2 million, according to CoinGecko. EGO Price Aims For A Bullish Trend Reversal The EGO/USD chart Analysis on the 4-hour timeframe displays a sharp upward movement starting around November 11, with the EGO price spiking from approximately $0.00805 to a high of $0.03750. This reflects a significant bullish breakout from the previously flat or slightly declining trend. Following the breakout, the price has entered a falling wedge pattern. This is an indication that a sliding price is starting to lose momentum and that buyers are starting to move in to slow down the fall. The price of EGO now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs). EGO being above the SMAs is a signal that the asset is currently on a sustained bullish momentum. The Relative Strength Index (RSI) is at 59.34, which is in the neutral-to-bullish range....