A technical analysis indicator suggests the decentralized finance (DeFi) altcoin Maker (MKR) could be poised for a correction, according to a popular crypto analyst. Trader Ali Martinez tells his 128,100 followers on the social media platform X that MKR's Tom DeMark (TD) sequential indicator flashed a bearish signal on its 12-hour chart.
The entire crypto market has turned bearish, pushing several top cryptos' prices down, including Bitcoin (BCT) and Ethereum (ETH). However, the Bitget Token (BGB) price decoupled from the market as it registered promising gains in the last 24 hours.
Maker (MKR) price rallied over 44% in the past week. The DeFi token holds steady even as large wallet investors and whales holding MKR take profits in the ongoing price surge.
The cryptocurrency market has witnessed significant activity surrounding Maker (MKR), a token that has surged by 50% in recent times. While this price movement has attracted much attention, the involvement of whales—large holders—adds an additional layer of complexity to the market dynamics.
Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.
The Hedera blockchain's first-ever layer two solution “UP” was announced in October 2024. Polygon protocol Agglayer will now facilitate interoperability between UP and Karate Combat's official token.
The HBAR Foundation has announced an investment in Archax's tokenized shares of Fidelity International's USD Money Market Fund. Archax, the first FCA-regulated digital asset exchange, broker, and custodian, recently tokenized the MMF on the Hedera (HBAR) network.
Hedera (HBAR), one of the most prominent decentralized networks, has witnessed concerning outflows from its spot market. Investors have withdrawn a staggering $17 million from the token in just seven days, signaling a potential decline in market confidence and raising concerns over its ability to maintain support at the crucial $0.20 price level.
As uncertainty dominated the digital assets landscape in the past week, Hedera demand plummeted significantly. The $17M investor pullback has raised eyebrows about HBAR's price action in the coming times. The impending selling pressure threatens the key support zone at $0.20. Losing this foothold might trigger a dip towards $0.
MKR surged 50%, attracting whale activity as a major holder sold for a $418K profit. With resistance at $1,450, traders await a breakout or potential correction driven by liquidations.
Over the past week, Hedera has recorded steady outflows from its spot market, signaling a lack of confidence among market participants.
Maker (MKR) price has defied the broader crypto market's recent turbulent action, rallying over 75% in a week. The DeFi cryptocurrency recently witnessed a staggering $156 million token burn, which appears to have fueled a price upswing.
Cryptocurrency prices had a mixed performance this week as investors focused on the recent Federal Reserve minutes and the ongoing Bitcoin consolidation. BTC price remained below $100,000, while the crypto fear and greed index moved to the fear zone. Still, there were some standout coins like Maker (MKR), Pyth Network (PYTH), and Alchemy Pay (ACH).
Hedera (HBAR) has seen a modest recovery, briefly climbing above $0.21 in the last 24 hours. However, the cryptocurrency remains under pressure following a significant 40% correction over the past month.
The market condition has changed recently, allowing several cryptos to register greens on their charts. Hedera (HBAR) price was one of them as it pumped by over 6% in the last 24 hours alone.
Hedera (HBAR) has climbed above $0.21 in the last 24 hours. However, it is still attempting to recover from a 40% correction over the past 30 days.
Coinbase adds Solana and Hedera futures, as SEC reviews Solana ETF applications, potentially shaping future crypto market trends.
Maker (MKR) has faced a strong resistance at $1,220 and reclaimed the 20-day EMA after a strong bullish move.
Coinbase has launched CFTC-regulated futures contracts for Solana and Hedera while the SEC reviews spot crypto ETF applications under new leadership that may change traditional approval requirements.
Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.
MKR is making a strong comeback after months of decline, thanks to renewed interest from whales and smart money investors. According to crypto.news data, Maker (MKR) jumped 11% to an intraday high of $1,197 on Feb.
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While cryptos remain weak amid pessimistic macro developments, Maker (MKR) displayed resilience with substantial price gains over the past week. The altcoin trades at $1,196 after gaining 10% and over 25% in the past day and week. On-chain data indicates continued gains as Maker's record high daily revenue on Feb 10 bolstered the alt's strength.
Coinbase exchange has unveiled CFTC-regulated futures for Hedera and Solana. The launched offerings have introduced more crypto products to institutions in the U.S. market.
Maker (MKR) is currently defying broader market trends and showing strong potential for a 50% rally. At a time when many assets are experiencing price corrections, MKR has been making bullish moves, surging over 14% in a 24-hour period.
HBAR bulls should remain cautious. Long trades would be against the trend, riskier, and favorable for scalpers.
Coinbase's derivatives arm said that it now offers CFTC-regulated futures contracts covering Solana and Hedera.
Hedera (HBAR) is attempting a recovery after experiencing a significant 40% price correction over the past 30 days. Despite ongoing bearish indicators, there are signs that selling pressure may be easing.
New Solana and Hedera futures launched by Coinbase derivatives
Following the recent bullish breakout, Maker could soar by 50% to reach the $1,600 level.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
Hedera (HBAR) has faced a continuing drawdown, with a brief stop last week when the altcoin entered a period of consolidation. Despite this, the overall trend remains downward, and traders are beginning to change their stance.
In this bearish market trend, where major assets are struggling to gain momentum, MakerDAO (MKR) has outperformed major cryptocurrencies and defied the market trend. As of today, February 18, 2025, MKR has gained 7% in the past 24 hours, topping the crypto market and showing signs of a potential price rebound.
Hedera (HBAR) price is attempting to recover after a steep 40% correction in the last 30 days. While the downtrend remains intact, indicators suggest that selling pressure may be easing.
Hedera (HBAR) has recently experienced a 5% dip, continuing its challenging month-long trajectory. The cryptocurrency has now seen a 22% decline over the last 30 days, with its market capitalization falling to $8.5 billion.
Since the beginning of February, Hedera Hashgraph's native token HBAR has been trading in a tight range, mirroring the broader market consolidation over the past few weeks.
Hedera (HBAR) price has dropped 5% in the last 24 hours, with an overall 22% correction in the past 30 days. Its market cap is now at $8.5 billion.
HBAR price has slipped from its highest level this year, aligning with most altcoins. It has dropped by over 40% from the YTD high and is still pointing downwards.
A small city in Romania called Sibiu could “soon” adopt cryptocurrency, according to a casual interaction on X this morning. In particular, the Romanian city could be eyeing to “fully adopt” MultiversX (EGLD), a blockchain developed by a Romania-based team.
Hedera Hasgraph's HBAR has been caught in the broader market downtrend, shedding 10% of its value in the past 24 hours. At press time, the altcoin trades at $0.22.
Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.
The price of Hedera (HBAR) has recently experienced a significant downturn, falling by 40%, raising concerns among investors. Despite this sharp decline, the cryptocurrency has shown signs of resilience, holding steady above the crucial support level of $0.228.
Crypto prices crashed on Wednesday morning as traders waited for the upcoming US inflation data. Bitcoin crashed below the key support at $95,000, while the market cap of all crypto coins fell to $3.15 trillion. This report provides the forecasts for top cryptocurrencies like BNB, Hedera Hashgraph (HBAR), and Jupiter (JUP).
Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.
HBAR has recently experienced a sharp 40% price crash, raising concerns among investors. Despite this significant downturn, the altcoin has demonstrated resilience, holding above a critical support level of $0.228.
Hedera's native token, HBAR, has been dealing with a sharp 26% price drop this month, causing a significant disruption in its previously forming bullish pattern. This steep decline has dashed the hopes of many traders who were expecting HBAR to reach a new all-time high soon.
Hedera's native token, HBAR, has suffered a 26% decline this month, reversing a bullish flag pattern. This price action has delayed expectations of a new all-time high.
Hedera (HBAR) has found it difficult to break past the $0.25 price level, continuing to face significant downward pressure. Despite its market capitalization now standing at $8.7 billion, the digital asset's technical indicators signal that the bearish momentum is likely to persist.