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POL (POL) bulls continue to drive the token’s short-term rally that began on April 18, pushing the price higher and achieving double-digit percentage growth on the weekly timeframe. At the time of writing, POL (formerly MATIC) was valued at $0.214, up over 16% in the last seven days.  In the last 24 hours, the digital currency has increased by almost 9%. These returns have elevated POL into the top ten gainers of the week. The asset has also seen an influx of buying pressure, pushing the market cap to $2.22 billion. POL one-week price and market cap chart. Source: CoinMarketCap POL’s technical outlook However, the bulls’ strength is needed to offset POL’s current dominant bearish sentiment, which could undermine the sustainability of this run.  To this end, the token is trading slightly above its 50-day simple moving average (SMA) of $0.212, showing modest short-term strength. However, it remains significantly below the 200-day SM...

Crypto Whales have dumped over 170 million in Chainlink (LINK) in the last three weeks, signaling concerns of a potential price crash. In the last 30 days, LINK is down 18%, with selling pressure around the altcoin growing. Despite the coin being added for transactions on the PayPal payment service , momentum around LINK remains negative, causing some concern that the asset’s price will continue to decline. After weeks of volatility and downside moves, bulls continue to struggle to regain control, with LINK failing to break above key resistance levels. According to on-chain data from Santiment, whales have sold over 170 million LINK in the last three weeks. Whale activity around an asset is often looked at when analyzing a cryptocurrency’s next price movement. This significant outflow from large holders has fueled speculation that an additional downside may come. Chainlink is down 17% since March 26. Its trading volume in the last 48 hours is also down over 20%, with smaller...

The OG Fan Token price soared 84% in the last 24 hours to trade at $10.29 as of 03:39 a.m. EST on trading volume that skyrocketed 900% to $409 million. OG Fan Token Price Could Still Surge The OG Fan Token price has been on a steady rise in the last two weeks. However, after hitting the $7.0 support, the price soared massively to the $12.70 resistance, then went on consolidation, according to data from GeckoTerminal . OG price now trades above the 50-day Simple Moving Average (SMA), confirming the upward trend. Moreover, the Moving Average Convergence Divergence (MACD) is trading above the neutral line, which indicates that the OG Fan Token price is currently in positive momentum. If this momentum continues, the OG Fan Token price could soar even higher, as the bulls propel the price through the projected 36% to $14.4. Meanwhile, the Relative Strength Index (RSI) seems to be moving down from the 70-overbought region, currently at 62 and moving downwards. This may be an indicatio...

With Bitcoin above $31000 and Ethereum trading at the brink of $2,000, several altcoins in the top 100 seem to be gearing up for a rally. Well, they seem to be having the moon’s blessings too at this stage. According to financial astrology, assets usually tend to behave in patterns, depending on the state of the moon. In some markets, full moon s imply the beginnings of short-term upswings, while in others, new moon periods are considered to be the rabbit’s foot. As far as the crypto market is concerned, the fortnight following any full moon night has mostly been bullish and vice versa. July’s full moon occurred last night [i.e. on the 3rd]. So, could meme asset Shiba Inu capitalize on the same? Also Read: Assessing the Odds of Chainlink, Fantom Pumping 100% in July Shiba Inu is up 9% already On TradingView’s Moon Phases indicator, full moon s are typically white. On the other hand, new moon s are colored blue to help distinguish between the two. In fact, the s...