The ‘Ethereum killer’ Cardano (ADA) is drawing interest from analysts and investors alike as bullish technicals take shape. After trading below $0.50 for the last year, the cryptocurrency has recently pumped above $0.70. With it recently up 3% in the past 24 hours, accumulation certainly seems to be ongoing. Perhaps...
SOL is cooking these days, trading at $154.25. In the past 24 hours, it has shot up 4.18%, and in the last week it has increased 13.85%! This surge occurs alongside the announcement of a significant $500 million funding agreement between Sol Strategies Inc. and ATW Partners, a U.S.-based investment...
In the last few trading days, XRP has made some huge moves. Its price movements have provided valuable insights, uncovering key support and resistance levels. Following a short respite in March, XRP endured a pullback, though soon confirmed a new support floor at $1.80. After recently hitting a minimum of...
Bitcoin has demonstrated significant upward movement recently, reigniting interest in the cryptocurrency's potential to reach the $100,000 mark. Bitcoin previously broke out of a four-month falling wedge pattern at the beginning of this month. It followed that up by confirming its bullish reversal on Tuesday with a decisive close above...
In the fast-moving world of blockchain technology, investors and enthusiasts alike are always on the lookout for the next big thing. BlockchainShock is your one-stop shop for smart, no-nonsense market sentiment analysis. We bring you world-class technical analysis and professional reporting on every type of digital asset imaginable. In this...
Ethereum, the second-largest cryptocurrency by market capitalization, has recently exhibited signs of a bullish reversal. That’s all great technical news. These technical indicators, including the falling wedge pattern and bullish divergence in the Relative Strength Index (RSI), hint at the possibility of a major price breakout entering the horizon. It's...
Okay, folks, let's talk about XRP. Yes, I saw the headlines. So everybody’s freaking out about that 13.7% spike, that breakout above $2.07 and the oh-so-sexy bullish crossover. EGRAG CRYPTO called this one out early, and now the entire internet seems to be shaking from FOMO. Deep breaths, everyone. Hang...
Bitcoin is setting up to outperform gold, analysis by Theya Research’s Joe Consorti suggests. This unusual bullish forecast comes on the heels of a trendline breakout and a recently confirmed golden crossover. At the same time, Monero (XMR) offers a positive picture following impressive recovering.Consorti’s analysis has shown that Bitcoin...
Specifically, XRP is flashing a bizarre bullish signal at the moment. This has sparked speculation of a repeat of its incredible boom, as in 2017. As pointed out by BlockchainShock.com, the cryptocurrency’s technical indicators are starting to line up with one another and in directions that could signal major upward...
XRP is exhibiting strong upward momentum, trading above $2.00 with both short and long-term technical indicators implying more room to run. As buyers have shown every time when price declined in the face of hawkish news, the cryptocurrency has proven to be remarkably resilient. Market experts are starting to get...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
AI tools such as Grok are quickly becoming indispensable tools for crypto traders. They serve as a guide for traders to understand the volatility and nuances of the market. These platforms help traders cut through the noise, gain early sentiment alerts, and make informed decisions faster in the 24/7 world...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...