Cardano registered a bearish pattern on the charts, one that validated the previous pattern to some extent, before the markets shifted dramatically to spur ADA upwards. Waves was in the oversold territory and might be forced to drop further in the coming hours. Enjin, however, appeared directionless in the market as buyers and sellers each...Read More
Ethereum bounced off its level of support, but this bounce did not hint at a reversal in downtrend from the $481-highs of late-August. It is likely that this bounce will reverse itself in the coming days. Further down the crypto-ladder, Algorand broke out of its bearish trend and could be primed to surge upwards. Decred...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Litecoin’s long-term market and its impact on the price The crypto-market has been volatile since the beginning of this week, with the same resulting in price swings in either direction. At the time of writing, the prices of most major crypto-assets...Read More
Binance Coin showed signs of being on a healthy long-term uptrend as it retraced recent gains made. In the short-term also, it appeared likely to move north. Polkadot bounced off its support and might be headed for more gains, although it could also exhibit ranging action in the coming days. Verge has been in a...Read More
Bitcoin’s price has seen quite a few ups and downs over the past month, with the world’s largest cryptocurrency exerting considerable influence on the altcoin market. This hasn’t necessarily translated well for coins like XRP, a crypto that has been noting lower lows and lower highs over the past two months. While an upward breakout...Read More
Tron had been bearish over the past few weeks, but its recent surge on the charts could indicate the reversal of a downtrend. The next few trading sessions for TRX, therefore, will be crucial. NEM appeared to be at the beginning of a significant uptrend as it attempted to flip a level of resistance to...Read More
Monero was noting a bullish divergence on the charts, with XMR trading beneath an important level of resistance, at press time. Synthetix, however, showed indecision in the markets and could see a drop in price over the next few hours. DigiByte bulls and bears were in equilibrium, but bears could force another minor pullback in...Read More
The last 48 hours came as a respite to many of the market’s altcoins, especially after most were pulled down by Bitcoin’s own depreciation on the charts. Thanks to BTC’s recovery, many of these alts recovered too, with the likes of XRP, STEEM, and Ontology among them. However, whether the recent bullishness is enough to...Read More
It is an interesting period in the digital asset industry. While prices were indicating a series of pullbacks, many suggested that the bottom is near or possibly nearing with time. At the moment, Bitcoin continues to hold fort around the $10,000 range, bouncing consistently from the $10,200 mark. With the king coin holding its grounds,...Read More
Following a week that saw Bitcoin, the world’s largest cryptocurrency, fall dramatically, BTC was soon in recovery mode. In fact, at the time of writing, it was valued at just under $10,700, with the cryptocurrency’s performance giving impetus to the market’s altcoins too. Taking BTC’s lead, many of these alts, including the likes of Tezos,...Read More
Bitcoin‘s price has moved an awful lot in the past 24-hours but the entire community was on market watch. With analysts tracking different metrics and changes in volume, CryptoQuant CEO observed a bit of activity from the whale’s side, or dare I say, a lack of activity. Ki Yong Ju indicated on twitter that the...Read More
Disclaimer: The following article attempts to analyze the emerging pattern in the Ethereum short-term market and its impact on price. Another push to the upside boosted Ethereum’s price by 9% on 24 September. This spike in the price had managed to surpass its resistance at $345.33 and be valued at $353.14. However, the price immediately...Read More
The last few weeks have only supported the argument that Bitcoin, the world’s largest cryptocurrency, remains highly correlated to the market’s altcoins. This, despite the fact that over the past few months, these alts have all recorded strong performances, some independent of BTC’s own movement. However, when BTC fell on 2-3rd September, so did the...Read More
Following Bitcoin’s footsteps, many of the market’s altcoins noted a slump in their price when the week began. The case for Bitcoin Cash was the same, with the coin falling on the charts by over 10 percent on 21 September. Since then, BCH has registered lower lows and lower highs and the coming week is...Read More
After being rejected under the $11,000-mark, the last 48-72 hours have seen Bitcoin survive a period of bearish turmoil. With the cryptocurrency’s price consolidating near $10,300 at press time, some degree of recovery was observed on the charts. However, the resistance at $10,412 continued to hold out. A look at Bitcoin’s charts revealed that a...Read More
Binance Coin, ATOM, and even Compound registered a bullish bias after noting a drop on their charts over the last week. However, while Binance and ATOM hinted at a definite bullish move, the same might not be the case with Compound’s COMP token. Binance Coin [BNB] Source: BNB/USD on TradingView With a huge descending channel...Read More
Disclaimer: The findings of the following article should not be taken as investment advice as it is the sole opinion of the writer The DOT token belongs to the blockchain Polkadot. The blockchain was envisioned by Dr. Gavin Woods, the co-founder of Ethereum [ETH] and the inventor of the Solidity smart contract language. Launched fully...Read More
The crypto-market opened itself to a lot of volatility after a sudden fall towards the beginning of the week was noted on the charts. In fact, the aforementioned fall impacted altcoins more than it impacted Bitcoin, with the worst sufferers being small-cap assets and mid-cap assets, while major crypto-assets registered a red market. Litecoin [LTC]...Read More
The altcoin market continues to demonstrate its close ties to the world’s largest and most dominant cryptocurrency, Bitcoin. As Bitcoin’s price fell on the charts at the start of the week, the same was replicated by popular altcoins such as Cardano, Algorand, and VeChain, with price drops of up to 20 percent noted on the...Read More
Chainlink continued to fall on the charts as Bitcoin showed signs of bearishness. Tron’s market was controlled by bears and TRX was likely to go lower, however, it did show a bullish divergence that might play out in the coming hours. IOTA also had a bearish outlook, as most of the crypto market bled after...Read More
XRP looked ready for a fall in price as it traded just above a level of support that might not hold firm. It also caused a stir when 500 million XRP had been moved from Chris Larsen’s wallet, but he immediately responded with an explanation. Stellar’s market was dominated by bears. Zcash was also bearish...Read More
Volatility and fear have been making up the crypto market at the moment. While Bitcoin [BTC] looks at another crash owing to the stock market, the remaining market has also been suffering. This present state of the market has put the best performers in the market, small-cap assets, in the worst-performing category, while BTC leads...Read More
Disclaimer: The following price prediction should not be considered as investment advice. While the majority of the altcoins always follow Bitcoin‘s market trail, some of them have lately followed their own path. Chainlink is a prime example. For a brief window, Tron was performing really well on its own and lately, it has been Binance...Read More
Ethereum formed a bearish pattern that could take the price beneath $300 in the next few weeks. The scenario of the crypto market, in general, was bearish, with the likelihood of further losses. Tezos showed no signs of reversing the downtrend and was set to plummet further. Dash slipped beneath a crucial level of support...Read More
Cardano has dropped out of the top 10 rankings and now has a market cap of $2.52 billion. With a 13% decline in the last week, the price might have a chance to rebound in the short-to-medium-term. Cardano 4-hour chart ADA didn’t rebound as mentioned in the last article, however, this is due to bitcoin...Read More
With Bitcoin dropping down to $10,406 at press time, other altcoins were hardly finding any market momentum to facilitate a recovery. Litecoin, Vechain, and Ontology were all under a period of bearish pressure as the assets began to consolidate at a lower range. Litecoin [LTC] Source: LTC/USD on Trading View Litecoin’s high correlation with Bitcoin...Read More
Disclaimer: The following article attempts to analyze the emerging pattern in the Bitcoin Cash short-term market and its impact on price. The movement of Bitcoin Cash has been heavily influenced by Bitcoin given its strong correlation as a forked asset. The strong correlation between the two has led BCH to follow BTC’s lead while sharing...Read More
Bitcoin Dominance rose to 61.66 and could rise to 64 in the coming weeks and at press time the world’s largest cryptocurrency is being traded at $10,436. Source: CoinStats Altcoins like Bitcoin SV could be set to bounce off a level of support but was more likely to sink beneath the same level in the...Read More
Monero fell through a bullish channel to test support after showing a bearish divergence, and it appeared feasible that the price would break beneath the support level as well. Crypto.com Coin invalidated a bullish pattern as it dived past a level of support. IOTA slid ever lower on the charts, in continuation of its trend...Read More
Chainlink looked poised to post further losses, as the 15% plunge over the weekend was just one of the many drops in the past month for LINK. Cosmos had been in a brief period of indecision before bears prevailed and pushed ATOM downward. Ontology validated a bearish pattern but in the next few hours has...Read More
