Metacade, OVR, and UBXS: Crypto Bulls Eyeing Promising Altcoins
While OVR and UBXS ride high on current trends, Metacade faces challenges but holds potential for a revival, especially with the P2E momentum and external triggers like ETF approvals.
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While OVR and UBXS ride high on current trends, Metacade faces challenges but holds potential for a revival, especially with the P2E momentum and external triggers like ETF approvals.
Specifically, pseudonymous cryptocurrency analyst Crypto Tony has observed that Solana needed to flip the supply zone level at $30.60 for continuation.
ETH’s price has consolidated in a tight band between the $1280 and $1350 mark since Sept 22.
In April 2021, as part of the mind-boggling rise in the popularity of NFTs, the Bored Ape Yacht Club (BAYC) ...
High correlation to stock markets and recession risks limit optimism on the part of BTC investors.
Bitcoin traded below its mining cost basis in June, DeFi experienced a 33% decline in TVL, and mid-month weekly BTC options peaked to their highest on record.
With $810 million in BTC options expiring this Friday, derivatives data shows that bulls are keen to push prices past $50,000.
BTC and altcoins have been hit by another sell-off, with analysts saying the deteriorating macroeconomic environment could push bitcoin prices below $40,000.
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market.