NEAR's price dropped sharply by 24.42% following Arthur Hayes' announcement that he fully exited his holdings, driven by concerns over AI IPO valuations and rising energy costs. Despite the sell-off, trading volume surged to $1.16 billion, showing strong market participation and buyers absorbing some selling pressure around the $2.09 support level. The token avoided a deeper breakdown, with the RSI resetting from overbought conditions, indicating buyers still hold influence. Key liquidity zones suggest potential volatility ahead, with possible recovery if demand at support persists or further declines if selling intensifies.
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
NEAR Protocol has broken above the key $2 resistance level, showing stronger momentum than XRP. It is trading above its 50-day, 100-day, and 200-day moving averages, signaling a potential recovery and growing market confidence. The next resistance is...
XRP is currently trading around $1.09 and faces strong resistance between $1.11 and $1.15, preventing significant price gains. The cryptocurrency remains below its key moving averages, indicating ongoing bearish momentum despite some easing in sellin...
NEAR Protocol has broken above the key $2 level and is trading above its major moving averages, signaling a potential bullish recovery. In contrast, XRP remains stuck below critical resistance levels and continues a corrective phase. Memecoins Shiba ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
