BNB price risks 40% drop as SEC launches probe against Binance
Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered “at least $2.35 billion in illicit funds.” Go to Source Powered by WPeMatico
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Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered “at least $2.35 billion in illicit funds.” Go to Source Powered by WPeMatico
But AVAX price is also forming a potential descending triangle that can spoil the upside chances. Go to Source Powered by WPeMatico
SOL price still faces headwinds from its Bitcoin correlation, macro risks as well as Solana’s downtimes. Go to Source Powered by WPeMatico
Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower. Go to Source Powered by WPeMatico
GMT’s downside pressure remains as an analyst calls STEPN a “hype-driven speculative frenzy.” Go to Source Powered by WPeMatico
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022. Go to Source Powered by WPeMatico
SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time. Go to Source Powered by WPeMatico
XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern. Go to Source Powered by WPeMatico
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off. Go to Source Powered by WPeMatico
Elon Musk could play a key role in reviving the Dogecoin market from the ongoing, TerraUSD-led bearish slumber. Go to Source Powered by WPeMatico