VORTECS™ Spotlight: Fantom’s 500%+ rally was signalled by this key trading metric
This key trading metric alerted traders to FTM’s bullish outlook on each turn of the altcoin’s parabolic 500% rally. Go to Source Powered by WPeMatico
Market Analysis
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NFT sales and floor prices plummet as demand wanes and gas prices soar
This week’s market-wide correction lead to a sharp decline in NFT sales as decreased demand for digital collectibles led to a drop in the floor price of most major projects. Go to Source Powered by WPeMatico
Traders know not to ‘go long’ when this classic trading pattern shows up
Investors watch trading volume and other momentum indicators alongside descending channel patterns to better gauge when to open and close trades. Go to Source Powered by WPeMatico
Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway. Go to Source Powered by WPeMatico
Traders use this classic trading pattern to determine when to ‘buy the dip’
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Go to Source Powered by WPeMatico
Is Ethereum’s rally signaling the next bull market phase for Bitcoin above $50K?
Ethereum showing strength while Bitcoin is consolidating in a range beneath $50,000. Go to Source Powered by WPeMatico
Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months. Go to Source Powered by WPeMatico
Surge in activity and token prices show ‘DeFi Summer 2.0’ already started
DeFi platforms have seen a steady surge in user activity and token prices, leading some analysts to say that the ‘DeFi Summer 2.0’ is well underway. Go to Source Powered by WPeMatico
Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K
Bitcoin addresses holding 1,000 to 10,000 BTC have resumed accumulating coins. Go to Source Powered by WPeMatico
SOL burn? Solana price hits $100 for the first time after mysterious ‘Ignition’ event revealed
Traders push their SOL/USD bids higher after Solana teases the community with “ignition,” a mysterious feature that will go live on Aug. 31. Go to Source Powered by WPeMatico