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Elendu Benedict

Elendu Benedict is a cryptocurrency journalist with over two years of experience covering blockchain technology, digital assets, and market trends. His reporting focuses on topics such as ETFs, decentralized finance (DeFi), and emerging Web3 developments. He aims to provide clear and accurate insights to help readers understand key developments in the crypto industry.
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1507 POSTS

Shiba Inu Will Enter “Full Send Mode” if This Resistance Breaks

Elendu Benedict -
Shiba Inu could experience a valuation expansion if a multi-year descending resistance trendline finally makes way. Notably, this trendline has long suppressed Shiba Inu (SHIB),...

Shiba Inu Bulls Need This Structural Shift as SHIB Languishes Near Historic Lows

Elendu Benedict -
Shiba Inu has struggled to make any meaningful bullish price move to reclaim its 2021 peak and is in desperate need of a structural...

Cardano Hasn’t Done Much, But Here’s Why Bulls Have An Upper Hand

Elendu Benedict -
Cardano is currently looking stagnant, but the broader picture favors patient bulls who will hold through the prolonged sideways trend. Notably, Cardano (ADA) has spent...

Ethereum Price Analysis: Several Factors Point to a Bearish Breakdown

Elendu Benedict -
Analysts have turned bearish on Ethereum amid a breakdown in its technical structure, with other market dynamics adding further pressure. CryptoQuant’s verified author Pelin Ay...

Bitcoin Rallied 10x in 18 Months the Last Time the BTC SLRV Ratio Dropped This Low: Analyst

Elendu Benedict -
Bitcoin long-term holders are accumulating the coin at record levels, pushing the SLRV ratio to levels that preceded major price moves. Crypto firm Rand Group...

Cardano Set for “Massive Move” Towards Golden Pocket: Analyst

Elendu Benedict -
Despite recent setbacks witnessed by Cardano, market analysts believe the asset could be poised for a measured upward move. Cardano (ADA) is consolidating near support...

Bitcoin Starts Its Biggest Moves When US Treasury Bond Rises, Says Veteran Analyst

Elendu Benedict -
Bitcoin has shown a strong correlation with the 10-year US Treasury bond, and analysts suggest rising debt could trigger a major price move. The correlation...

Bitcoin Long-Term Holder Supply at Record High Despite $1.23B ETP Outflows: Bitwise

Elendu Benedict -
Bitcoin suffered heavy ETP outflows last week, but long-term holders have increased exposure to the crypto leader. Data from Bitwise in Europe highlighted this mixed...

Ripple CEO’s Projection That XRP Will Host Onchain Bond Settlement is Already Happening

Elendu Benedict -
The XRP Ledger is already settling tokenized government bonds, aligning with the projection from Ripple CEO Brad Garlinghouse. Major market observer Chart Nerd highlighted this...

People Are Sleeping on Cardano Again—Analyst Says ADA Chart Too Strong to Ignore

Elendu Benedict -
Cardano may not look like it now, but analysts believe it remains a play that market enthusiasts should not miss for the coming bull...
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