Bitcoin was in a period of relatively low volatility over the past 90 days. Chainlink was overwhelmed by sellers in the long-term, while LINK bulls sought to defend a level of support. Cosmos retested a level of support-turned-resistance and was likely headed lower and DigiByte could have some gas in the tank to post minor...Read More
The prices might go helter-skelter on the short-term chart, but since the start of September, Bitcoin Cash has only witnessed sideways movement on the daily time period. A fixed range between $237 and $200 is evident in the charts while a long-term breakout is yet to take place. Bitcoin Cash 1-day chart Source: BCH/USD on...Read More
The trading charts for the altcoin market was once again displaying bearishness after a shift from the recent upward rallies gained just last week. Binance Coin with its double top formation was seen heading towards a bearish scenario. The bear market for IOTA, however, might still display some hope. In the case of FTX token, the...Read More
While the lows of September 23rd were not emulated in the recent decline, ADA’s price continued to sustain a position near the recent bottom. For Cardano, the trend has been consistently bearish since August 1st week itself but a minor bullish pullback was observed towards the end of September. The major difference remains the trend...Read More
Disclaimer: The following analysis attempts to analyze the emerging patterns in the Litecoin short-term market and its impact on price. The Litecoin short-term market saw a momentary pump of 5.37% in an hour increasing its value from $45.67 to $48.131. However, the digital silver could not hold onto this value as large selling pressure emerged...Read More
The S&P 500 Index dropped from 3420 to 3343, a 2.3% drop, in a matter of hours after tweets from the US President about the stimulus package negotiations’ setback. Despite arguments about an uncorrelated market, the crypto sphere still suffered losses across the board. XRP might retain some bullish momentum technically, although bearish sentiment might...Read More
Have you been missing the price action in Bitcoin markets across exchanges lately? Based on WooBull’s Bitcoin volatility chart, 60-day volatility is 5.65 and 90-day volatility is 8.95. The recent drop in volatility can be attributed to the reduced inflow of Bitcoin into exchanges. Bitcoin Volatility || Source: Woobull Charts Trade volume on spot exchanges...Read More
The stock market saw a panicked sell-off after the US President tweeted that no stimulus package would be passed until after the elections. The drop affected the crypto market as well, with most major altcoins and Bitcoin seeing losses. Bitcoin currently trades at $10,605 after having endured a 1.40 percent drop in the past 24-hours....Read More
A mixed start to the day was seen in the altcoin market with a spike in selling pressure observed in most digital assets in the afternoon session followed by some good gains. Tezos was seen consolidating in a symmetrical triangle pattern in the daily chart. While XRP and Algorand both were seen rising to their...Read More
As we enter the fourth quarter, Bitcoin after its price dump seems to be consolidating around the $10,700 level. With this, Ethereum too seemed to gain some momentum, as it pushed higher towards its resistance level. However, both BitTorrent and Maker seemed to make a descending triangle formation, hinting toward a bearish scenario in the...Read More
Bitcoin stood at $10,700 and Ethereum struggled to climb past the $355 level. The market as a whole had a bearish outlook, although many assets showed short-term bullishness. Crypto.com Coin was bearish in both the short and medium-term, while IOTA formed a bullish continuation pattern that could take some more time to play out. VeChain...Read More
Bitcoin is once again testing the $10,700 level of resistance after witnessing a 0.8% drop in the afternoon session. However, with an overall upward trend maintained another price surge could be expected. Dash maintained a neutral view, as consolidation possibilities became clearer from its technical indicators that may hold true for the next few days. ...Read More
Steady gains by Bitcoin in the past few days did not have a positive impact on some major altcoin charts, while some others rose alongside BTC. Chainlink was in a period of consolidation over the past couple of days. This was likely to be a brief calm before another wave of selling pressure. Cosmos broke...Read More
Bitcoin was unable to close above $10,800 in what could be a worrying sign for bulls in the near term. Bitcoin SV dropped out of the brief ascending channel formed recently and could see further losses. Dogecoin was perched on a level of support that might not hold much longer. Tron slipped beneath and retested...Read More
Litecoin has been trending upward for a couple of weeks, but the asset would need a few more trading sessions to show if it could continue the trend or if there was an imminent reversal. Zcash showed bullishness and buyers were dominant in the market. Synthetix was bearish after the failure to defend a level...Read More
As the last quarter of the year progresses, the cryptocurrencies have been noting a brief recovery on the charts. Although in the case of most cryptos, the price was still faltering, a few others were witnessing strong gains currently. Major cryptocurrency like Cardano [ADA] noted a good price swing, whereas, Basic Attention Token [BAT] has...Read More
Bitcoin advanced from $10,650 to $10,800 and was trading at press time at $10,765. The steady gains made by Bitcoin suggested a shift in sentiment toward the bullish side. Source: CoinStats The Crypto Fear and Greed Index showed a value of 47, a rise from the previous day’s 42. Binance Coin showed a bearish divergence...Read More
Polkadot formed a continuation pattern that suggested the possibility of an upward surge in price. However, it could take some time to manifest. In the near-term, the price could be set for a few more trading sessions of relatively lowered volatility. Tron showed signs of bearishness. Ontology was likely to slide toward support but lacked...Read More
Except for Digibyte, both XRP and IOTA indicate mild to strong bullish indications. Digibyte shows a clear downtrend possibility, however, not to a huge extent. XRP Source: XRPUSD TradingView XRP has seen a good surge in the last week, with price surging by almost 9% in the last 12 hours. This surge might soon come...Read More
Cardano appeared to be forming a bullish reversal pattern, although it could take several more days to give concrete confirmation signals. Tezos formed a continuation pattern and was likely to register more losses. Dogecoin exhibited a hidden bearish divergence and could be forced to test support once more, and perhaps break beneath as well. Cardano...Read More
Litecoin has seen a fair amount of surges in the past week or so, however, these profits were wiped off equally quickly. At press time, LTC is trading at $46.37 and presents an ambiguous situation about its near future. Litecoin 1-day chart Source: LTCUSD TradingView The 1-day chart attached above showed Litecoin forming a symmetrical...Read More
Litecoin was moving within an ascending channel and had reclaimed a level of resistance recently. Stellar Lumens faced heavy selling pressure and was likely to see a drop in value. Basic Attention Token trended upward for a period of nearly two weeks before the trend exhausted itself and bears seized control. Litecoin [LTC] Source: LTC/USD...Read More
Chainlink made two attempts at an important region of resistance last week, but was rejected on both tries and could be set to post losses over the coming days. Cosmos could face rejection at its resistance once more but could post some gains in the short-term while VeChain was forming a bearish pattern and could...Read More
The start of October has been an unceremonious one for Bitcoin SV with the price unable to break away from its $150-$160 range. With the trend appearing a little less bullish every single day, the market had its hopes pinned on Bitcoin or Ethereum to trigger a rally. Although price-wise the top two assets were...Read More
Bitcoin rose from $10,550 to $10,750 in the past 24 hours but selling pressure pushed BTC’s value to $10,660 at press time. Source: CoinStats Binance Coin was bullish in the markets while Zcash can expect a minor pullback in the next few trading sessions before another attempt at resistance. Dash might be set to lose...Read More
Tezos was trending upwards for a brief period, before the market’s sellers imposed themselves yet again on the order book. In the long-term, its fundamentals were developing pace and could rekindle buyers’ interest. STEEM formed a bearish reversal pattern and sought to defend its level of support on the charts. On the contrary, IOTA noted...Read More
XRP’s buyers and sellers have been locking horns for a few weeks now, but neither party has been able to wrest control of the market from the other. While Ethereum Classic was on a gentle downtrend, positive updates that reportedly guard the network against 51% attacks could drive demand up once again. Dogecoin, on the...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice At press time, LINK was trading at $9.19, with the cryptocurrency’s price within a bearish channel. Hence, a drop can be expected on the charts. In fact, a recap of Chainlink’s charts shows...Read More
Bitcoin SV, Polkadot, and FTX Token mirrored the bearish sentiment that has gripped much of the crypto-market over the last few days. In fact, the Crypto Fear and Greed Index highlighted the same, with the index noting a reading of 42 for the day. While this reading was slightly stronger than the previous day’s 40,...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice After CFTC brought charges against BitMEX for allegedly violating the Bank Secrecy Act, Bitcoin tumbled down the charts and fell by 4%. However, BitMEX took a much harder hit as its OI has since...Read More
