Despite bearish trend, could Ethereum be gearing up for a comeback?
Following a 5% weekly drop, Ethereum (ETH) has been caught in a bearish trend. However, some analysts believe its current overselling could set the stage for a potential rebound. Ethereum’s price slid by 0.5% to $1,550 in 24 hours, marking an 8% decrease over the last two weeks and a 2% dip in the past […]
NFTs show signs of revival despite bearish market sentiment
Despite the prevailing sentiment that Non-Fungible Tokens (NFTs) are dead due to the ongoing “NFT Winter,” there are glimmers of revival within the sector. The NFT market, although sluggish, shows signs of life. The report states that while NFT trading volumes have drastically reduced, from around $1 billion a week in mid-2021 to early-2022, to […]
XRP takes a hit by 3.2% drop amidst bearish market conditions
The cryptocurrency XRP took a 3.2% hit as bearish momentum continues to exert pressure on the market. The dip comes despite a surge in active addresses on October 8. Ripple [XRP] has been on a downward trajectory, despite positive news over the weekend. The price is retreating towards a crucial level at $0.505. The report, […]