Top 3 cryptocurrencies that are faring the best in the 2022 bear market
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs.
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs.
XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern.
Strongly bearish fundamentals act as tailwind to Avalanche’s technically bearish setup.
A dollar invested into Bitcoin every month since December 2017 has provided investors a cumulative return of $160.
An ascending triangle setup promises major price rebound in the Ethereum price in 2022.
ATOM’s ascending triangle setup opens up the possibility for another major crash by June 2022.
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens.
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off.
ETH’s price risks declining further despite rebounding over 20% in the last three days.
The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether’s exposure to the U.S. credit system.