The last five days have been very bullish for the crypto-market, with the world’s largest cryptocurrency, Bitcoin, pumping by over 15% over the aforementioned time period. In fact, BTC’s latest pump had the crypto climb by over $1,500 on the charts, with BTC even breaching the psychological resistance of $13,000, albeit briefly. Source: CoinStats While...Read More
To the delight of bullish investors, a surging market was the highlight of the day, with many of the industry’s altcoins closely aping Bitcoin’s own price movements. At press time, Bitcoin was being traded near the $13,000-level, having risen by over 4.5% in the last 24 hours. Further down the cryptocurrency charts, Stellar Lumens, Cosmos,...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Chainlink and most of the market’s altcoins suffered a brutal crash after the DeFi craze came to a halt. However, there seems to be a revival coming for these altcoins, with some of them...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice With the DeFi craze dying, DeFi coins seem to be really calm. DOT is sharing the same calmness, as its price has seen a 45+% retracement since September. For more than a month now,...Read More
Binance Coin’s price on the charts has been on a steady uptrend for a few months now. The past 24-hours further strengthened this narrative as the price saw a 2.5 percent hike. With the coin’s price action being limited to an ascending channel formation a downward breakout for the coin cannot be ruled out. At...Read More
Proving to be one of the market’s top-performing digital assets on the charts, Bitcoin Cash was quick to add over 6% to its value in lieu of the prevailing bull market. Decred too was painted in green, with northbound price momentum in the DCR market likely to push the cryptocurrency towards its immediate resistance level....Read More
Barring a few digital assets such as Zcash that continued to remain bearish, a swirl of bullish momentum was witnessed in the rest of the crypto market. Towards the end of the day, Bitcoin too gained over 3% since yesterday. Noting some losses in Zcash, impressive bullish sentiments were visible on the trading charts of...Read More
After witnessing a brief sell-off period just two days back, the privacy coin Monero regained its bullishness. The presence of bearish sentiment was confirmed by the moving averages for Crypto.com Coin, with the digital asset falling back to its June 2019 lows. Given Synthetix’s persistent downtrend and a clear bearish outlook, the SNX market was likely...Read More
Binance Coin broke beneath its uptrend of the past month, although this could be a temporary haven for the asset than a reversal in trend. Cosmos had bearish momentum while Dash experienced a period of high volatility and registered big gains but was unable to hold on to them all. Binance Coin [BNB] Source: BNB/USDT...Read More
With a bullish sentiment reaffirmed by EOS’s technical indicators, the altcoin was on its way to breach a key resistance level over the next few trading sessions. IOTA traders speculated the rise of bullish sentiment, but a weakening buying sentiment could soon cause a trend reversal for the altcoin. FTX token, on the other hand,...Read More
Bitcoin Cash has moved back up to 5th in the charts after dropping down to 8th a few weeks earlier, and now the asset indicated a return of collective volatility alongside the market. While the asset tested $267 earlier this week, currently it is consolidation near $250. With the trend gunning for another breach above,...Read More
XRP hasn’t been able to rally behind Bitcoin over the past week but the altcoin has kept pace in the short-term trend. Currently breaking above immediate resistance at $0.244, XRP is looking to enter an important transition range at the present moment, which may direct the imminent short-term market. XRP is currently valued at $0.249...Read More
EOS, like many altcoins, saw a considerable surge yesterday following in bitcoin’s footsteps. This copy-surge must come to an end and soon it will, especially considering how both EOS and BTC’s price is developing right now. Overall, the short-term scenario for EOS looks bearish and this is not the right time to FOMO-in on either...Read More
As Bitcoin closed above $12,000 once more, it was pertinent to ask if the altcoin market would follow. Would traders sell altcoins to follow Bitcoin’s gains? The rising Bitcoin Dominance suggested, yes. Bitcoin SV formed a bullish divergence and made gains in the past few hours, while Stellar Lumens witnessed strong buying volume. Dogecoin was...Read More
Bitcoin shot past $12k and was trading at $12,239 at press time. Crypto Fear and Greed Index stood at 61, indicating growing greed in the market. Bitcoin Dominance rose to 61.75, as Ethereum posted gains and approached a strong level of resistance. Selling pressure did not relent on Tron while Basic Attention Token showed a...Read More
Despite an uptrend witnessed during the morning session and gains recorded by Bitcoin, the cryptocurrency market sustained heavy losses as most of the digital assets were painted in red towards the day’s end. Chainlink was down by almost 4.5% at press time with the digital asset seen hovering just above its immediate support level. The...Read More
Bitcoin surged to touch $11,800 and Crypto Fear and Greed Index stood at 56. A positive correlation with gold and S&P500 could drag Bitcoin down in the coming weeks, due to uncertainty in the economy and the upcoming US elections. Cardano hinted it was in a period of low volatility while Zcash and DigiByte have...Read More
At press time, Bitcoin Cash was slightly down compared to the previous day by close to a percent, coinciding with weakening buying pressure in the digital asset. The Bitcoin cash market could thus be expected to record losses for a few more trading sessions until the bulls manage to solidify the buying momentum. Further down...Read More
Despite its 10% gain over the day and being a top-performing asset, the bull market in DASH was likely to turn around soon, as key technical indicators hinted towards a price correction. Binance Coin noted some bearishness on the charts, while also maintaining the possibility of a positive price reversal. Tezos, on the other hand,...Read More
Crypto.com Coin was already in a strong wave of selling pressure before Bitcoin’s recent break toward $12,000 further pulled capital out of the altcoin market. At press time the king coin was trading at $11,766 with a 24-hour trading volume of $132.6 billion. Source: CoinStats FTX Token faced a critical resistance it has been unable...Read More
Bitcoin was trading at $11,899 at press time, and Bitcoin Dominance was rising alongside. This generally spells trouble for the altcoin market. Bitcoin SV dropped beneath a range it was trading within for the past couple of weeks, and Compound continued to tumble. BitTorrent appeared to be making some gains but fell beneath trendline support....Read More
The world’s largest altcoin Ethereum was once again moving up and was priced around the $375 mark. Ethereum could soon move towards a more neutral to bullish phase soon. Stellar Lumens also maintained bullishness while Dogecoin although on an uptrend for the day, was more likely to continue with its price consolidation.Ethereum [ETH] Source: ETH/USD...Read More
The mid-term trend for XRP ended on a disappointing note as the valuation was unable to consolidate above the resistance at $0.254. With the price facing a little depreciation over the past week, the asset is currently sustaining a position above the support at $0.244. At press time, XRP had a market cap of $11.09...Read More
Bitcoin broke convincingly past $11,500 to touch $11,800 as it continued to set higher lows. Unfortunately for the altcoin markets, Bitcoin Dominance was on the rise as well. It stood at 60.73 at press time, and indicated that capital in the crypto sphere was flowing into BTC to follow any further gains the king could...Read More
Ethereum 2.0 is still in the works after many delays. And yet, it is still receiving a lot of praise from the likes of CFTC Chairman Heath Tarbert. While the ETH community is stoked about this, others have critiqued ETH’s timeline to deliver ETH 2.0. At press time, there were many ETH competitors, but none...Read More
Bitcoin climbed well past $11,500, before a minor drop pulled its press time trading price to $11,504. Its strong defense of the $11,200-level and its subsequent rise to $11,500 could lend bullish impetus to the altcoin market in the coming days. As for the altcoins, Cardano moved above a short-term moving average as its momentum...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Between 13 August and 24 September, Tezos registered a 58 percent sell-off, with the cryptocurrency dropping all the way down to $1.91. While the decline was certainly not pleasurable for many of XTZ’s investors,...Read More
Cardano dropped down to $0.0753 in the 3rd week of September. While its valuation seemed down and out, the cryptocurrency soon rallied and made its way into the top-10 of the market again. Climbing from a low of $0.0753, ADA was noting a value of $0.106, at press time, having been on a positive run...Read More
Chainlink‘s charts highlighted two important levels that could determine its long-term movement, while on the shorter timeframe, the crypto-asset lacked any momentum. Cosmos‘ buyers showed some interest, but it was unclear if it would be enough to propel ATOM higher. Decred has been volatile lately, but its movement underlined the possibility of gains over the...Read More
The Crypto Fear and Greed Index was noting a figure of 55, at the time of writing, the same reading as the previous day. Monero was retracing recent gains made, but it did show some signs of heading north. Further, while Ontology formed a bearish pattern on the charts, DigiByte looked to be resolutely heading...Read More
