XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern.
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off.
Elon Musk could play a key role in reviving the Dogecoin market from the ongoing, TerraUSD-led bearish slumber.
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market.
Luna Foundation Guard is emptying its crypto reserves to bring its stablecoin back to its $1-peg, risking a massive AVAX selloff.
MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon’s partnership with Meta.
XMR’s bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month.
Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.
The total value locked inside the Anchor Protocol’s liquidity pools reached an all-time high earlier this week.
ALGO price struggles to clear technical resistance despite the ongoing Algorand-FIFA partnership hype.