XRP appeared to have reversed its month-long downtrend, but since many exchanges are set on delisting the cryptocurrency over the next few weeks, some selling pressure may be incoming. Tron registered a sharp move to the upside and tested the resistance at $0.03, while Zcash noted consistent selling and was unlikely to rise past $71....Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice With Bitcoin, the world’s largest cryptocurrency, climbing to touch one ATH after another, the alt season may have finally kicked off. With the BTC market hitting new peaks every day, the altcoin market has...Read More
With Bitcoin crossing the $37,000-mark a few hours before press time, many of the market’s altcoins recorded substantial spikes in their trading price. This was the case for popular alts like Litecoin, Ethereum Classic, and NEO, with hikes of up to 20% observed on the price charts. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin’s price rose...Read More
Most of the market’s altcoins, including the likes of EOS, Ontology, and Cosmos, were flashing green at press time, with Bitcoin’s movement past the $35,000-mark giving the market a lot of bullish momentum. However, some signs suggested that EOS might not be able to sustain its momentum in the near-term. EOS Source: EOS/USD, TradingView While...Read More
Synthetix and Loopring followed market frontrunners Bitcoin and Ethereum‘s suit by surging on the price charts, before minor corrections halted their movements. On the contrary, Stellar Lumens was having a field day on the charts, with more upside projected in the short-term. Stellar Lumens [XLM] Source: XLM/USD, TradingView Stellar Lumens has been outperforming on the...Read More
Binance Coin and Dogecoin entered a consolidation phase on the price charts after a solid start to the year, while IOTA projected upside movement as buyers took control of the market. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin seemed to be noting a minor pullback after breaching its all-time high a couple of days...Read More
A few of the market’s altcoins like Polkadot and FTX Token rose to record levels over the last few trading sessions, while Bitcoin Cash was registering a correction, one that saw the price move towards the $415-mark. Bitcoin Cash [BCH] Source: BCH/USD, TradingView A look at Bitcoin Cash’s 4-hour chart showed that the cryptocurrency was...Read More
Some of the market’s altcoins like Monero and Dash failed to recoup their losses after Bittrex’s delisting announcement last week. However, XMR and DASH weren’t the only ones as Ethereum Classic too projected a southbound move as the market bears sought control of the prices. Monero [XMR] Source: XMR/USD, TradingView Monero seemed to be reeling...Read More
After Bitcoin retraced some of its gains over the last 24 hours, altcoins like BAT and Zcash followed suit and suspended their own northbound movement, entering a consolidation phase on the price charts. Finally, Litecoin was projected to move slightly lower on the charts too. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin picked up steadily on...Read More
Bitcoin‘s price correction is finally here, and altcoins could soon be in hot water. The past 24 hours have been shaky for the world’s largest cryptocurrency, with its price retracing by over 8% since hitting the $34,000 mark. Although the corrections were yet to sink in for the larger crypto-market, some altcoins had already started...Read More
The larger crypto-market is off to a strong start in 2021, backed by market leaders Bitcoin and Ethereum. In fact, in the past seven days alone, the top-10 coins by market cap have risen by between 13.8% and 74.84%, highlighting the bullish start to the New Year. However, with investors preparing to lock in their...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
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum surged from $715 to $1,169 in a span of three days. However, the $1,168 high was momentary and the price was soon forced to retrace as Ether formed a swing failure pattern. ETH...Read More
Bitcoin Cash and Polkadot were extremely bullish on the charts as they climbed past levels of resistance with ease. Bitcoin Cash surged on the back of Bitcoin and Ethereum’s performances and it looked likely to rise past the $460-level. Polkadot doubled in value over the past week and could climb as high as $11.5 in...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s market bulls have halted their surge upwards, but the altcoin market is continuing to register a staggering appreciation in value and price. Tezos [XTZ], ranked 20th on CoinMarketCap’s list due to a market...Read More
Stellar Lumens formed a double bottom on the charts and reversed the downtrend it had previously been on as it looked to flip the $0.145-level to support. Algorand and Maker also had a bullish outlook as they broke above crucial levels of resistance. Stellar Lumens [XLM] Source: XLM/USD on TradingView The downtrend for XLM since...Read More
Bitcoin SV shrugged off the shackles of $164 and saw a quick move to $180 at press time, with the crypto likely to see further upside. NEM noted steady selling pressure over the past three weeks and could lose the $0.2-level of support, while Decred was bullish on the price charts and could see a...Read More
Tron saw the tides shift in favor of the bulls as it rose above a level of resistance and sought to flip it to support. VeChain continued to post gains but the beginnings of a bearish divergence between price and momentum were witnessed. Cosmos formed a V-top pattern and recent bearish pressure could cause the...Read More
XRP saw a bounce to $0.24 but slid back downward, while Monero would seek to not lose the $130 and $140 levels to the bears. Dogecoin was wildly bullish on the charts as it shot past $0.01 to reach $0.0139. XRP Source: XRP/USD on TradingView XRP saw a dead cat bounce off the $0.17 level...Read More
Bitcoin cash, the fork of a fork has held up on its own for most of 2020. With the start of a new year, BCH seems to be doing the same. It is continuing its multi-year trend and playing it safe. This article takes a look at Bitcoin Cash in both short and long-term time...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The Bitcoin SV market has been highly correlated with the Bitcoin market and the current price has been moving in accordance with Bitcoin. Although the market did not mirror the exact rally in the...Read More
Binance Coin was bullish in the market as it sought to rise past the $40 mark, a feat it could achieve in the coming days. Bearish news for Dash saw the price plunge, while Ethereum Classic rose toward a region of supply. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance Coin saw some sideways trading...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The rallying Bitcoin market has been driving prices of the altcoins. Binance Coin has been among the top altcoins in the crypto market and it has been noting a sharp rise in its price....Read More
Litecoin was quite bullish on the charts as it targeted a move past $140, but Zcash and Compound lost a level of support to selling pressure and could see further downside in the coming days. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin was trading at $139.57, right atop the $139 level of resistance it was...Read More
The Bitcoin market is roaring with an all-time high at over $34k and the remaining altcoin market has been following its lead. Interestingly, Chainlink has not been witnessing the same momentum in its market. Despite the grand rally in the BTC market, the price of LINK has been moving with a reduced momentum. At the time...Read More
In sync with Bitcoin’s price movement, Litecoin also noted a strong uptrend in the past few days. The coin has been able to secure an 11 percent price hike in the past 24-hours as Bitcoin surged past key levels of resistance around the $33,000 price level. At press time, Litecoin was being traded at $140,...Read More
Ethereum was strongly bullish on the charts as the dip to $700 never came, but instead, a boost to $789 was noted on the charts. Stellar Lumens slumped in the face of sellers, while FTX Token also surged and was trading at $6.38. Ethereum [ETH] Sorry: ETH/USD on TradingView Ethereum had a strongly bullish outlook...Read More
Over the past six days, Polkadot [DOT] appreciated by 82% from $5.2 to post a high at $9.51 and at the time of writing was trading at $8.52. It held the sixth rank on CMC with a market capitalization of $7.58 billion. DOT 4-4our chart Source: DOT/USDT on TradingView The 4-hour chart showed the extraordinary...Read More
Binance Coin had neutral short-term momentum but could sink to $36 over the next few hours and retrace some gains from recent weeks. Tron labored under long-term selling pressure and was likely to sink to the $0.0258 level of support within the next three days, while Basic Attention Token also appeared likely to lose a...Read More
Ethereum reached a high of $759, a value ETH previously held in April 2018. Etheruem bulls would seek to hold on to the $725 and $700 levels of support over the coming days in the case of a dip. Dogecoin also saw fantastic gains over the past few days and could be set to retrace...Read More
