Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice The largest altcoin in the market, Ethereum has been noting its value rise steadily on the charts. Its value has surged by 72% since the beginning of the year from $754 to $1,3012. At...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
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice A strong performance from the biggest of the altcoins Ethereum has seen many large-cap coins surge. Binance Coin has been one of the best performing exchange tokens, with a YTD return on investment of...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 Cardano market recently witnessed a drop and has been trying to recover. The value had dropped to $0.3044 and at the time of writing, the coin was trading at $0.3207. This recovering price...Read More
Litecoin showed strength in recent days as it rose convincingly past $170, but it exhibited a bearish divergence and could pullback to test the $174 mark. Tezos appeared likely to flip the $3 level to support, while Dash broke past multiple levels of resistance on a single 4-hour candle. Litecoin [LTC] Source: LTC/USD on TradignView...Read More
The value of Litecoin is currently at a range last witnessed during the 1st week of May 2018. A price above $185 can be dated back to March 2018, so LTC was testing major resistance levels. The week on week performance since 14th December has been exceptional and its price recovery is leading to positive...Read More
XRP recovered from its drop a couple of weeks ago and reclaimed the $0.3 level as a level of support. This flip was significant, and the defense of that level was followed by a breakout to the upside. Tron showed it could witness a minor pullback over the next few hours, while Ethereum Classic soared...Read More
Polkadot fell from record levels and was trading between a thin channel as it entered a consolidation phase. VET also moved lower from peak levels but bulls managed to halt the movement at $0.029. Indicators on VET gave mixed signals for the future trajectory of prices. ALGO was showing bullish movement at the time of...Read More
Ethereum breached the $1300 mark and was inching closer to its ATH as bullish momentum picked up in the shorter timeframe. Bitcoin SV shot up to $320 but faced some selling pressure and could see a pullback. FTX Token showed a likelihood of reaching an upside target of $12.5. Ethereum [ETH] Source: ETH/USD on TradingView...Read More
Chainlink approached $15.88, a level of resistance that has a confluence with the mid-point of the range it has been trading in over the past couple of days. Ethereum Classic attempted to flip the $7 resistance to support, and Compound saw increased selling volume even as its price climbed the charts. Chainlink [LINK] Source: LINK/USD...Read More
Cardano saw strong gains recently as its went past $0.17 and gain nearly 100% over the past week. The $0.28 mark had been defended from bearish pressure and a loss of this level could indicate further retracement for ADA. Cosmos established an uptrend over the past few days, although its volatility was quite pronounced. FTX...Read More
Disclaimer: The findings of the following article is the sole opinion of the writer and should not be taken as investment advice Bitcoin continued on its parabolic run as it breached the $40,000 level to register a high of $41,986. Ethereum was also trading above $1,200 and the altcoin market saw many coins, large-cap or...Read More
After Bitcoin fell lower from the $40,000 mark, a broader market rally slowed down and altcoins saw mixed movements on the charts. Similarly, XLM, TRX, and ALGO were in the consolidation phase at the time of writing. Stellar Lumens [XLM] Source: XLM/USD, TradingView After snapping a local high at $0.416, XLM cooled down on the...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
Thanks to its sheer dominance in the crypto-market, it’s only understandable that most of the market’s altcoins enjoy a significant correlation with Bitcoin. The same was evident over the past two weeks as Bitcoin surged to breach one resistance level after another, the altcoin market followed. However, this wasn’t to last, especially since the world’s...Read More
It’s been a good few weeks for much of the crypto-market. With Bitcoin climbing to touch a new ATH every other day, most of the market’s altcoins have followed suit to note hikes of their own. However, while there is a lot of momentum behind the world’s largest cryptocurrency’s rally, the same cannot be said...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 market hit $42k, a new all-time high but ever since has been witnessing a strong downward pull. At the time of writing, the BTC’s price was under $40k, while Stellar [XLM] was...Read More
Altcoins BNB and SNX showed bearish signals at the time of writing as sellers maintained control of the prices, while DCR projected a northbound move after a minor pullback in prices. Binance Coin [BNB] Source: BNB/USD, TradingView BNB’s bullish trend continued as the price rose above the resistance at $41.70 and traded close to its...Read More
Ethereum defended the $1150 level of support on its recent dip and looked likely to head further higher as it gathered steam for its next move. EOS formed a descending triangle in a shorter timeframe and could see a breakout to retest the $3.35 level of resistance. Dogecoin was in a phase of consolidation after...Read More
Polkadot failed to break out of a bullish pattern and was headed back down toward the $9 mark, and could see a move as far south as $8 if Bitcoin or Ethereum experience some volatility. Monero rebounded strongly off the $130 support level and was knocking on the doors of $150 with intent. Ethereum Classic...Read More
XRP appeared to have turned a corner as it reclaimed the $0.3 level from the bears, and its rally from $0.17 lows did not show signs of halting yet. EOS also reclaimed a key level in the past few days and looked to defend it from selling pressure. Dogecoin might be set to retrace more...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice Litecoin [LTC] has been visiting unseen price levels off-late owing to Bitcoin’s surging price. Despite the rallying market, downwards pressure has put the LTC market in an indecisive position in the short-term. LTC was...Read More
Since the inception of Bitcoin, people in the community have classified Bitcoin’s rally in terms of its halving period. One cycle is considered from the 1st halving to the 2nd and so on and so forth. We are presently in the 3rd cycle of Bitcoin’s rally and based on the previous 4-year period, users are...Read More
Disclaimer: The findings of the following article is the sole opinion of the writer and should not be taken as investment advice There was no stopping Bitcoin (yet) as it sailed past $40k and was trading at $41780 at the time of writing. Chainlink was also strongly bullish, but it also experienced some bumps on...Read More
The 2021 alt season may have kicked off with Ethereum’s high OI. Currently, the open interest in Ethereum is higher than $3.5 Billion. It is a rare occurrence that a bullish trend emerges so clearly in Ethereum, but Bitcoin’s price rally has supported the trend. During the past weekend, the OI broke all records and...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice Bitcoin’s value hit another all-time high at $40k and as expected the value of other cryptos including its hard fork, Bitcoin Cash [BCH] has also been rallying. However, the digital asset has currently been...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano’s price has benefited greatly from Bitcoin’s bull run. Over the past week, the cryptocurrency’s price saw a whopping 88 percent hike. Even in the short-term, i.e. in the past 24-hours, such strong bullish...Read More
Chainlink‘s bulls seized the $16-level from the bears, but a bearish divergence could see this highly significant level tested. Dash approached the $100-mark with momentum and could rise above it to test the $104-resistance level, while VeChain could see a dip to $0.0253. Chainlink [LINK] Source: LINK/USD on TradingView There was a bearish divergence between...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Following Bitcoin’s lead on the charts, altcoins like Stellar Lumens registered significant gains over the past 48-72 hours. At the time of writing, XLM stood out in the top-10 of the cryptocurrency market, simply...Read More
Bitcoin Cash registered a bearish divergence and was likely to test the $414-level of support over the next few trading sessions. Polkadot was likely to see a breakout past $10.5 to reach $11.5, provided it does not lose the $9.5-region in the coming hours. OMG Network was strongly bullish, but could see a pullback to...Read More
