Chainlink found stubborn resistance in the $24.8-$25.8 region. Aave was forced to pullback at $540 but approached it with bullish momentum once more while Elrond shot upwards on the charts without enduring a price correction. Chainlink [LINK] Source: LINK/USD on TradingView Chainlink faced a region of supply at $24.8-$25.8. LINK briefly move above $26 but...Read More
The explosive growth of DeFi assets was for all to witness back in Summer 2020, and the narrative is picking traction yet again. Back in 2020, Yearn Finance or YFI was leading the rally but now other assets are picking up popularity points as well. However, the trend might be shifting towards a collective exposure...Read More
This week was undoubtedly an altcoin party. Even though Bitcoin is up quite a bit in the past seven days, it was altcoins that stole the show, charting major increases almost every single day. Let’s start with BTC, though. It began the week at around $34,000 and was rather indecisive in the first few days,...Read More
Open source DeFi Protocol’s Aave token (AAVE) reached a new all-time high of $520 with a 45.5% surge in price in the past 24 hours. In the last seven days, the DeFi token saw a 76% spike in price. Source: Trading View AAVE, which is the 15th largest coin by market cap, increased to the...Read More
With over $32 billion of total value now locked into DeFi protocols, it is a well-established fact that 2020 has been the year of DeFi and this trajectory is only expected to continue into 2021. Maker accounts for 18% of this TVL and still remains the most actively developed DeFi protocol. However, those numbers are...Read More
Tron was trading within an ascending triangle at the time of writing, but the indicators did not favor a breakout over the next few trading sessions. Aave flashed bullish signals and looked to snap newer highs on the charts while COMP was projected to rise above record levels after a bullish divergence formed on the...Read More
Ethereum was consolidating under its all-time high and traders eagerly anticipated a breakout past this final level of resistance. Aave showed bullish momentum and could post further gains past $300, and does not yet hint at a pullback on its rally. Dogecoin sent users into a rapture, apart from those who bought the absolute top....Read More
XRP sustained its northbound move on the charts and traded close to the $0.444 resistance at press time. AAVE remained within its parallel channel, with a breakout unlikely over the coming sessions and IOTA found support at $0.416 and registered some sideways movement. XRP Source: XRP/USD, TradingView XRP maintained its upward trajectory on the charts...Read More
Bitwise added AAVE and UNI to the Bitwise 10 Large Cap Crypto Index (BITX) that tracks the total return of the 10 largest crypto-assets, as measured and weighted by free-float market capitalization. These assets were added as part of Bitwise’s January month-end rebalance, in response to the growing demand for decentralized services. Bitwise CEO Hunter...Read More
With nearly 90% of investments located in its Bitcoin Trust, Grayscale could be providing new diversification products to its institutional investors. Recent filings in Delaware revealed that the company has registered for new cryptocurrency products for the privacy-oriented coin Monero and three DeFi tokens – Polkadot, Cosmos, and Aave. According to the filings made by...Read More
Monero succumbed to yet another support level as the price moved below $134.4. Aave retraced from record levels, but the market still belonged to the bulls and the price could surge to fresher highs over the next few trading sessions. Finally, ENJ showed signs of a bearish pullback and a southbound move could see the...Read More
Polkadot broke out of a range and moved lower to retest the range highs, projecting an upside target of $21 should the $18.2 region hold steady. IOTA was in a period of consolidation, and Aave showed strong bullish momentum as it surged to a high of $280 before facing some selling pressure. Polkadot [DOT] Source:...Read More
Ethereum rose above $1250 and was trading at $1326 with the likelihood of testing $1440 on the back of demand from buyers. Aave continued to surge and targeted $260, and Algorand broke above an important region of supply and looked to flip that region into one of demand. Ethereum [ETH] Source: ETH/USD on TradingView ETH...Read More
Chainlink and Aave moved south after touching record levels as losses in the broader market had a negative effect on their prices. Further, Compound too flashed red, at press time, after a breakout was witnessed from its rising wedge pattern. Chainlink [LINK] Source: LINK/USD, TradingView After touching record levels, Chainlink’s price cooled down and fell...Read More
Stellar Lumens and Basic Attention Token were trading right beside their range highs. However, Stellar Lumens struggled to break past the resistance while BAT already has, and looked to surge higher. Aave made strong gains over the past week, and some levels of support are highlighted if it retraces some of those gains. Stellar Lumens...Read More
For many of the crypto-market’s altcoins, the past few days have been all about recovering their prices after Bitcoin’s drop on the charts. While some altcoins like Aave managed to register significant hikes over the past 24-48 hours, other cryptos like EOS and Vechain have had to battle spells of sideways movement. EOS Source: EOS/USD,...Read More
Ethereum’s losses were sustained at the $1,042-level as the market’s bulls stepped in and eased the selling pressure. At the time of writing, the strong resistance level at $1,139 was restricting ETH’s price, but the momentum could shift if the price manages to topple the upper ceiling. On the contrary, altcoins such as Zcash and...Read More
After Bitcoin moved upwards from the $41,000 mark, the broader market followed suit and most altcoins rose along with the king coin. At press time, ADA, AAVE, and BAT were in the green territory and projected an upside move in the short term. Cardano [ADA] Source: ADA/USD, TradingView After snapping a local high at $0.358,...Read More
Bitcoin SV showed an exaggerated bearish divergence and was likely to retest the $170 region as support. Crypto.com Coin reversed its longer-term downtrend and could retrace some recent gains before another move upward. Aave broke out of the range it was trading within, and bulls would be determined to defend the $100 level if bears...Read More
Swing failure patterns appeared to be in play on the charts, with much of the altcoin market highly volatile in the hours before press time. While Chainlink touched $15.7 and dived south, Aave’s breakout of a range saw a nasty reversal as well. Finally, DigiByte registered a bearish divergence as well. Chainlink [LINK] Source: LINK/USD...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Chainlink surged past the $11.9-resistance level and knocked insistently on the $12.65-level’s doors. In fact, it could climb past it as well in the coming days. Aave was trading within a range, but had a bullish short-term outlook. FTX Token saw consistent buyers’...Read More
Tron dipped as far south as $0.027 two weeks ago, but it has recovered since after posting steady gains as the market’s bulls reclaimed the important $0.03-level from the market’s bears. Aave faced a ceiling around the $94-mark and VeChain formed an ascending triangle pattern that could see a bullish breakout. Tron [TRX] Source: TRX/USDT...Read More
Polkadot refused to dip beneath $4.6 and appeared to be on another attempt at recovery as it sailed past $5. Aave could reach the $100 mark in the coming days as it saw a steady wave of buying but was trading within a bearish reversal pattern. Dogecoin was consolidating above a level of support. Source:...Read More
The Crypto Fear and Greed Index registered a value of 90 at press time, with calls for a deeper Bitcoin correction yet to come to the fore. Stellar Lumens was on a downtrend over the past three weeks, but it could see a breakout to the upside in the coming days. Aave saw a bearish...Read More
Ethereum has been dormant in the short-term, and Bitcoin Dominance has also been relatively flat over the past few days. The altcoin market was waiting for a breakout or breakdown. Bitcoin SV faced strong resistance from $180, while EOS tried weakly to get past the $3 level of resistance, a move that would signal a...Read More
The Crypto Fear and Greed Index stood at 95 for the day as Bitcoin traded at $19,041, at press time. Tezos formed a bullish reversal pattern that was yet to be confirmed, while Neo was likely to head back lower to a level of support. Finally, Aave was trading within an ascending channel and a...Read More
In the past 24 hours, Bitcoin has had a high of $19915 and a low of $18,100. This volatility saw some altcoins shed a few percentage points worth in value. Ethereum dipped from $620 and moved beneath the $580 support, although it remains to be seen if that level will be flipped to resistance in...Read More
The altcoin markets saw remarkable gains made in a quick span of time, and more green was likely to be seen. Bitcoin Cash and Ethereum Classic surged past strong levels of historic resistance, while Aave could be set for a period of consolidation. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView The RSI was in overbought...Read More
The crypto-market’s total capitalization was recorded to be $528 billion, at the time of writing, with the larger market sentiment remaining strongly bullish after the previous day’s sizable gains. Further down the crypto-ladder, Chainlink touched $15 and it could see a minor pullback on the charts while the strong performance of Aave and Decred over...Read More
Stellar Lumens was on its way to flip a level of resistance to support while moving higher on the charts, at the time of writing. On the contrary, DeFi tokens saw a surge after investors piled in on the first sign of strength and Aave doubled in value over the past few days. Finally, FTX...Read More
