After a minor correction, the world’s largest cryptocurrency Bitcoin climbed once again on the charts and headed towards the $28,000 mark. However, not every altcoin in the broader market was able to follow Bitcoin’s movement. Altcoins BAT and Stellar went against the trend and registered price drops, while OKB continued to rise upwards. Basic Attention...Read More
Ethereum had strong bullish momentum behind it after its ascent past the $700 mark in the past week. A move above $750 could see ETH reach $800, with $819 a projected target for bulls. Ethereum Classic was unable to hold on to its gains after rising past $6 and was forced back to a level...Read More
Bitcoin Cash showed strong bullish sentiment as it rose above $350 once more. Yet IOTA and Dogecoin were some of the altcoins whose gains over the past week have not followed Ethereum. IOTA traded within a range, while Dogecoin saw its momentum shift slightly to favor the bears. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView...Read More
It looks like the fate of XRP continues to wane as yet another exchange suspended trading of Ripple’s native crypto today. Crypto exchange Bittrex said that it has paused XRP trading, because of the US Securities and Exchange Commission accusing Ripple as well as co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice The Bitcoin price has been witnessing a constant surge followed by a mild correction. This surge was also witnessed in the altcoin market which may not have mirrored the growth equivalent to Bitcoin...Read More
Crypto tracking service Whale Alert revealed today that in 2020, co-founder and former CTO of Ripple, Jed McCaleb’s estimated total XRP holdings sales is around $1.2 billion – at $0.20 per XRP. The research team said that this would make Jed McCaleb “the fattest XRP whale” who had “the best year so far, even though...Read More
Crypto tracking service Whale Alert revealed today that in 2020, co-founder and former CTO of Ripple, Jed McCaleb’s estimated total XRP holdings sales is around $1.2 billion – at $0.20 per XRP. The research team said that this would make Jed McCaleb “the fattest XRP whale” who had “the best year so far, even though...Read More
Christmas seems to have come bearing gifts for Bitcoin. Adding cheer to the festival celebrations, the world’s largest cryptocurrency scaled beyond the $27,000 price level over the past few days. As a result, the broader altcoin market has also been surging on the charts. The question now is – Will altcoins be able to sustain...Read More
After Bitcoin breached the $27,000 resistance, a minor correction soon followed. However, the pullback was not enough to deter Cardano and VeChain from rising higher on the charts. As ADA and VET scaled past several milestones, Tron moved in the opposite direction and registered a drop in price. Cardano [ADA] Source: ADA/USD, TradingView Resistance at...Read More
XRP sank to $0.22 and has traded for most of 2020 at or under $0.3, with about 60 days only of trading above this mark. The short-term outlook for XRP was extremely bearish, although a dead cat bounce can occur. Cosmos saw rising bullish sentiment as it tested the $5.45 level of resistance once more,...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice The Chainlink [LINK] market has been moving to its own tune. The Bitcoin market has had only a marginal impact on the standing of the coin. After moving within a restricted range the...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice With Bitcoin reaching new highs, the altcoin market is also marching along. However, the pace at which the altcoin market rallies is not the same as Bitcoin’s. With peaks noted recently, the Litecoin...Read More
Ethereum and Bitcoin posted some losses over the past few hours and many altcoins did as well. Bitcoin Cash formed a bearish divergence and slipped beneath a level it had sought to flip to support, and IOTA has seen rising selling pressure over the past few days. Zcash approached a pocket of liquidity with bearish...Read More
Prominent cryptocurrency exchange, OKEx announced that real-time settlement for all perpetual swaps, futures, and options contracts will be coming soon to its platform. This will allow the users to improve the capital efficiency of their funds and enable greater cross-exchange arbitrage opportunities, as per the announcement. It added: “Real-time settlements will officially begin at 8:00 am...Read More
Ethereum saw a pullback after reaching a local high of $747. Tezos broke out of a triangle pattern but was forced to revisit a level of support, while Dash witnessed increasing selling pressure in the short term. However, it formed a bullish pattern on the charts, and conviction from the bulls could see its price...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One The altcoin market recovered somewhat from its recent losses, with many altcoins noting a short-term bullish outlook. Stellar Lumens appeared poised to move above the $0.156-level, but Waves was unable to breach its level of resistance as it noted consistent selling pressure over...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice With XRP facing the SEC’s proverbial ax and likely to see an exodus from exchanges, some people have questioned if Chainlink will...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Chainlink surged past the $11.9-resistance level and knocked insistently on the $12.65-level’s doors. In fact, it could climb past it as well in the coming days. Aave was trading within a range, but had a bullish short-term outlook. FTX Token saw consistent buyers’...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One EOS registered a short-term hike in buying volume, but it might not be enough to stave off the next wave of bearish pressure. NEM showed short-term bearishness as well and could be forced to test $0.2 as support once more. Decred, on the...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One Cover project’s staking protocol has been exploited, an exploit that fueled infinite minting of the Cover protocol token. This has contributed to the token crashing by 77% in less than an hour. In fact, the token’s price dropped like a stone from $761...Read More
Despite Bitcoin’s rising market dominance, further gains for ETH against the US Dollar meant that many altcoins posted gains as well. Binance Coin appeared set to rise past its local high at $35.69, while Maker had strong bullish momentum behind it as it flipped a level of resistance to support. Finally, Neo registered weak bearish...Read More
Both Litecoin and Vechain registered strong bullish momentum on the price charts. Litecoin rose past its previous local high at $124 and the bulls targeted the $145-mark. VET broke to the downside of an ascending triangle pattern, but it recovered backed by good trading volume and it could test the $0.0178-resistance level once more. Finally,...Read More
Bitcoin’s rising market dominance meant potential trouble for the altcoin market against USDT, even as the alts bled out against BTC. Tezos slipped under a crucial level of support and it could post further losses in the coming days. Ontology registered a bearish divergence and it could be set to visit $0.42-lows. Enjin approached the...Read More
Bitcoin rose above $27,000 on the 27th of December and it was trading at $27,597, at press time. Tron registered some gains over the past couple of days, but its recent losses reinforced bearish pressure on the market. Algorand met consistent selling volume and could be heading back downwards, while Zcash could be poised to...Read More
Monero rose to touch its two-year high and was strongly bullish on the charts. Ethereum Classic approached the $6-level with strength, but it could be set to see some sideways trading within the $6-$6.15 pocket of liquidity. Dogecoin also recovered strongly from the latest drop and was likely to see further upside. Monero [XMR] Source:...Read More
At the time of writing, Bitcoin had surged past $27,000 and it was on its way to breach yet another price level – $28,000. On the back of Bitcoin’s exponential movement, its fork, Bitcoin Cash, rose on the charts too. Bitcoin Cash flipped the $326-level from resistance to support. Further down the charts, DigiByte went...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Binance Coin’s market has not been as volatile as the rest of the altcoin and Bitcoin market. In fact, it was only recently that BNB’s value breached its immediate resistance at $31.92 following...Read More
The plummeting ETH/BTC pair was proof that Ethereum was unable to keep up with Bitcoin’s price rise on the charts. The altcoin market, as a whole, recovered somewhat after the dramatic drop before Christmas, but it began to shed value once more soon after. Bitcoin SV registered a hidden bearish divergence and could be driven...Read More
Bitcoin’s correlation with the broader market is usually symbiotic. When the world’s largest cryptocurrency rises, altcoins follow suit and they usually move upwards. As expected, the likes of Bitcoin Cash and Augur took Bitcoin’s lead and registered price hikes. However, there have been instances when altcoins have moved in the opposite direction. VeChain was one...Read More
Some of the market’s large-cap altcoins had a bearish outlook to them. Stellar Lumens moved under the $0.156-level once more and could lose the $0.145-level of support as well. Compound indicated that it was likely to continue the bearish trend of the past few days, while Polkadot faced resistance from the $5.4-region of supply. Stellar...Read More
