The cryptocurrency market appeared to be in its bullish phase as the price of the largest crypto, Bitcoin has been rallying higher. A boost of 5% in the BTC market on Monday, triggered other altcoins to sprint at as escalated pace and establish a bullish run under the influence of the largest crypto. Source: CoinStats...Read More
Disclaimer: The following article attempts to analyze the emerging trends in the Litecoin short-term market and its impact on price. Litecoin, at press time, was being shoved between important resistance and support, despite an overall bullish market. The price of cryptocurrencies was witnessing great bullish bursts on Monday, however, Tuesday looked like there was a...Read More
Disclaimer: The following price prediction should not be taken as investment advice as it is the sole opinion of the writer. The price movement should be foreseeable in the next few hours. Since closing in on $0.32, XRP’s price has remained at a higher range between $0.272 and $0.323 in the chart over the month...Read More
The market is once again expressing bullish features, as the price of Bitcoin [BTC] pumped above $12k on 17 August. The price of the largest crypto asset spiked by 5.68% within two hours on Monday, enabling BTC to breach its resistance and report a yearly high of $12,473. This rally also helped push the trading...Read More
Market Volatility is at a new high for all digital assets. For the altcoins, the market has been rather turbulent as a correlation with Bitcoin maintains minimal levels. Over the past 24-hours, while assets such as Algorand suffered significantly, Ethereum maintained its consolidation above the price of $425 while Dash indicated a minor rise. Ethereum...Read More
With a vast majority of altcoins pumping, this feels like the beginning of a bull run. XRP, however, seems to be a little behind on the price pump and is undervalued. Undervalued, in the sense that, the price needs to accurately reflect the developments seen around the token itself and Ripple. Ripple Addressing the “skeptics”,...Read More
Stellar Lumens had a stellar week in the market while Bitcoin Cash and continued to trade beneath its immediate resistance. Interestingly BAT has broken out of a consolidation zone and is likely lead to further interest from traders and investors, and may push prices further upward. Bitcoin Cash [BCH] Source: BCH/USD on TradingView Bitcoin Cash...Read More
DeFi tokens are leading crypto markets to their highest levels in terms of total market capitalization for over a year. One of the top-performing digital assets at the moment is YFI, as it surges over 70% on the day to reach an all-time high at $12,821. It has become the only cryptocurrency since 2016 to...Read More
Chainlink’s price dipped alarmingly, registering close to 20% loss within an hour. This action happened hours after Bitcoin reached a local high of $12,499. Ethereum Classic, on the other hand, saw registered a recovery while Dogecoin failed to carry a lot of momentum and looked likely to slip further down in price. Chainlink [LINK] Source:...Read More
Less than a week ago, the influential legacy markets day trader Dave Portnoy, had a meeting with Cameron and Tyler Winklevoss – the founders of Gemini and well-known Bitcoin proponents. Even though he supposedly bought Bitcoin during their meeting, his enthusiasm for the primary cryptocurrency was shortlived. Now, Portnoy openly solicits cryptocurrency pump and dump...Read More
The crypto-market remains largely bullish, especially since yield farming and the success of DeFi tokens have been appealing to many investors. With Ethereum priced at above $400, at the time of writing, the world’s largest altcoin can, in the medium term, signal more bullish sentiment for itself and the rest of the altcoin market. Source:...Read More
Litecoin, Synthetix, and Dash were trading above or at historically significant levels, at the time of writing. In fact, Litecoin was showing vigor in the market as it resumed its recovery from its lows near $40. Further, DASH had an eye on its immediate resistance on the charts while Synthetix looked likely to continue its...Read More
Disclaimer: The findings of the following analysis should not be taken as investment advice and the same should materialize over the next few hours Bitcoin SV, at the time of writing, was jostling for room and moving under the key price line of $218, a level that has acted as immediate resistance and support multiple...Read More
Bitcoin [BTC] was holding the support level at $11,800 with an eye on a possible breakout over $12,000, at the time of writing. However, BTC’s movement has been relatively recent as, over the last few months, many of the market’s altcoins have noted good rallies, especially when Bitcoin’s own price was relatively stagnant. At press...Read More
Market trends in the crypto-industry seemed to point to a lack of correlation as many of its altcoins courted individuality on the charts. After Ethereum’s recent pullback and Bitcoin’s re-test of the range at $11,900, XRP was able to sustain testing at $0.30 as well. On the contrary, Digibyte had better success over the past...Read More
With all the buzz around Chainlink’s and Bitcoin’s rapid rise and consolidation, respectively, other resurgent and dampened altcoins have been left out of the limelight. Bitcoin Cash, the hardfork of Bitcoin, for instance, has been replaced on the 5th spot of the coin market by the aforementioned Chainlink. Tezos despite a bullish rise has been...Read More
How do we know we are in a bull run? Early 2017 did not show signs of what could occur by the end of 2017. However, bitcoin and the crypto ecosystem seems to be already in the bull run. Bitcoin has, briefly, breached the $12,000 level, however, failed to sustain it. Regardless, the bullish feeling...Read More
TRON and Decred were subject to strong upward moves over the past few days. Both coins indicated that it is likely they continue on their trajectory. Bitcoin SV stagnated and showed no sign of upward price movement. TRON [TRX] Source: TRX/USDT on TradingView TRX had a market cap of $1.76 billion, and held the 15th...Read More
Cardano has seen reduced momentum in the past month. The price has been range-bound [between $0.156 to $0.262] for over a month. With the mainnet launched, total ADA staked has now hit 12.49 billion aka $1.74 billion with 31,000 delegators. The fundamentals of ADA look strong with the successful launch of the mainnet. Cardano 1...Read More
Even as Chainlink and Bitcoin steal the limelight, one cannot forget Litecoin. The world’s first altcoin is currently in the 8th spot on the coin market, ahead of resurgent coins like Cardano and Binance Coin, trending with a daily gain of 7.13 percent, second only to Chainlink. Litecoin’s market cap was a strong $4.03 billion...Read More
If one were to take a survey, chances are that most would agree that the last few weeks and months have been pretty good for the cryptocurrency market. Bitcoin, and with it, the rest of the crypto-market, seem to be on the up, with the memories of Black Thursday well behind it. However, that’s not...Read More
The crypto-market, at the time of writing, was going through a tricky phase. Bitcoin, the world’s largest cryptocurrency, was continuing to trade sideways on the charts, with BTC looking to strengthen and consolidate its position around the present price level, before it attempts to breach its psychological resistance of $12,000. Source: Coinstats This, however, has...Read More
The overall investor confidence could propel Stellar and BAT to breach stiff resistance facing them. EOS saw strong gains in the past week and is ready to target the next resistance. Stellar Lumens [XLM] Source: XLM/USDT on TradingView Stellar Lumens held rank 14 with a market cap of $2.2 billion. XLM was perched on the...Read More
Ethereum was headed to a weekly close that would interest long term investors, with a good potential to post further gains in the coming weeks. Monero found its momentum waning, while Zcash showed some initial signs of strength. Ethereum [ETH] Source: ETH/USD on TradingView ETH traded with below-average volume over the weekend. This could have...Read More
The spirit of the current market has been reminiscent of a healthy bull market. However, this time the focus has been majorly on altcoins. Altcoins like Chainlink [LINK] and Tezos [XTZ] have been marching to the beat of their own drums and have proven to be among the handful of resilient altcoins. LINK reported gains...Read More
Many of the market’s cryptocurrencies, at the time of writing, were going through an upheaval of sorts on the charts. Binance Coin was in a general uptrend, before noting a retracement. On the other hand, TRON and IOTA gave significant signals regarding the direction of their future price movements. With Bitcoin attempting to breach $12,000,...Read More
Disclaimer: The findings of the following article will attempt to analyze the impact of emerging patterns in the long-term Litecoin market The volatility in the market has been pushing the price of most cryptocurrencies around and at present, this trend is forming lower. In fact, Litecoin [LTC] has been one of them, having broken out...Read More
Lumens, Steem, and Decred have been flashing strong signals recently, after being held back by their resistance levels for weeks. The mid-cap coins, DCR and STEEM, in particular, might witness a major surge in price, especially when compared to their performances over the past few weeks. Stellar Lumens [XLM] Source: XLM/USDT on TradingView XLM has...Read More
Owing to Bitcoin’s market dominance, the impact of its price performance on the rest of the market is often overwhelming. Since breaching its previous resistance level, Bitcoin’s charts seem to have plateaued, with BTC holding firm under the $12,000-mark for a few days now. However, Bitcoin’s consolidation meant that the rest of the market was...Read More
DeFi’s ecosystem has come a long way over the past few months. From a Total Value Locked (TVL) figure of $539.8 million right after the market crash in March, it has recovered extraordinarily well to climb to $5.77 billion, at the time of writing. In the eyes of many, DeFi is the hot property of...Read More
