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DOT Sinks 2% After Breaking Key Support

DOT Sinks 2% After Breaking Key Support

10 months ago by Crypto InsightsCrypto

DOT$1.9758 suffered a technical breakdown during Friday’s session as the token plunged from a high of $2.09 to $1.97, erasing its previous rally momentum. The decline occurred on heavy volume that reached 284% above normal levels, according to CoinDesk Research’s technical analysis model. The model… Read More

Filecoin (FIL) Price News: Losing Support

Filecoin (FIL) Price News: Losing Support

10 months ago by Crypto InsightsCrypto

Filecoin FIL$1.3804 fell 7.3% in the past 24 hours, dropping from $1.48 to $1.38 as decentralized physical infrastructure tokens spearheaded a sector-wide liquidation. The storage protocol established a clear downtrend with consecutive lower highs from its Dec. 10 peak at $1.55, according to CoinDesk Research’s… Read More

ICP Extends Slide as Heavy Volume Confirms Breakdown Below Support

ICP Extends Slide as Heavy Volume Confirms Breakdown Below Support

11 months ago by Crypto InsightsCrypto

ICP$4.1075 extended its slide over the past 24 hours, trading near $4.369 after a sharp break below long-standing support at $4.33. The decline followed one of the steepest intraday drops in recent sessions, with price moving from $4.97 to $4.30 in a fast, technically-driven cascade,… Read More

XLM Tumbles Below Key $0.285 Support as Bears Take Over

XLM Tumbles Below Key $0.285 Support as Bears Take Over

11 months ago by Crypto InsightsCrypto

Stellar faced selling pressure during Tuesday’s session with XLM sliding from $0.2846 to $0.2812 as institutional distribution emerged at elevated levels. The token carved out a $0.0189 range, representing 6.7% volatility that signaled heightened trader uncertainty around current price levels. The breakdown accelerated at 14:00… Read More

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

11 months ago by Crypto InsightsCrypto

According to CoinDesk Research’s technical analysis data model, bitcoin BTC$102,458.40 retreated in measured fashion during Tuesday’s trading session, sliding from $103,177 to $102,203 while carving out clear bearish structure after probing session highs above $105,300. The world’s most valuable cryptocurrency moved within a hefty $3,289… Read More

Japan’s FSA to Support Country’s 3 Largest Banks in Stablecoin Issuance

Japan’s FSA to Support Country’s 3 Largest Banks in Stablecoin Issuance

11 months ago by Crypto InsightsCrypto

The Japanese Financial Services Agency (FSA) said it will support the country’s three largest banks in developing a proof-of-concept for issuing a stablecoin. Japan’s financial regulator said the venture will see Mitsubishi UFJ Financial Group (8306), Sumitomo Mitsui Financial Group (8316) and Mizuho Financial Group… Read More

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