Litecoin was quite bullish on the charts. The $190 region offered some resistance, but longer-term momentum is on the side of the bulls and demand is likely to drive the prices higher. Litecoin 12-hour chart Source: LTC/USD on TradingView Litecoin swept past the range highs but faced some selling pressure in the $192 region. Undeterred,...Read More
Is the alt season finally here? That’s a tricky question to answer right now. While yes, much of the altcoin market is hiking on the charts, most alts are doing so on the back of Bitcoin’s own surge. However, it was still unclear whether the rest of the market would be able to sustain its...Read More
Cardano highlighted an area at $0.86 to defend over the next few hours before it could make an attempt at $1 once more. Tezos climbed toward $4.25 and had the momentum to break past, while rejection would see it revisit $4. VeChain surged past $0.038 and targeted $0.046. Cardano [ADA] Source: ADA/USDT on TradingView Although...Read More
XRP climbed back above the $0.52 mark after retracing the gains made on its recent surge to $0.75. Cosmos rose above $20 but faced some selling pressure near $22 while Dogecoin succumbed to short-term bearish pressure. XRP Source: XRP/USD on TradingView After reaching a local high at $0.75, XRP was forced back to $0.4 hours...Read More
It’s been a good few days for the crypto-market, with its price fortunes given an impetus a few days ago by the news of Tesla’s $1.5 billion purchase of Bitcoins. Following the same, the world’s largest cryptocurrency pumped on the charts, and thanks to BTC’s correlation with the rest of the market, the altcoin market...Read More
Ethereum found support at $1700 and rose higher with $2000 as its target. Aave threatened to drop toward $480 in the coming days, and Monero shot past the $200 mark with $220 the next level of resistance for the bulls to test. Ethereum [ETH] Source: ETH/USD on TradingView Ether broke out of an ascending triangle...Read More
Bitcoin’s price performance on the charts lately has had a ripple effect on the rest of the cryptocurrency market. On the back of the world’s largest cryptocurrency surging, many of the market’s alts climbed too. Litecoin, Algorand, and Digibyte were among the cryptos to surge, with the movement giving a much-needed impetus to these cryptos’...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The cryptocurrency market has seen significant bullish momentum over the past week. With Bitcoin registering a new ATH on the charts, many altcoins including Polkadot have all started on their own uptrends. In the...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The volatility in the Bitcoin market has been driving the value of the rest of the cryptocurrency market higher on the charts. Major altcoins such as Bitcoin Cash [BCH] registered a trend change as...Read More
Bitcoin SV dropped under a level of retracement following its recent gains, with the crypto retesting the same level as resistance. Basic Attention Token surged past $0.5, but it remains to be seen if the bulls can push higher. Finally, Compound showed signs of rising above its resistance level at $494. Bitcoin SV [BSV] Source:...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink’s price has been on the rise since the start of the week. In fact, this has been the trend across the larger crypto-market lately, especially on the heels of Bitcoin’s bull run. Interestingly,...Read More
Cardano registered a bearish divergence on the charts, but the market sentiment had not shifted to the bearish side, at press time, with a pullback still unlikely for ADA. On the contrary, Waves broke out of its triangle pattern and targeted the $11-mark. Cardano [ADA] Source: ADA/USDT on TradingView The momentum indicator (RSI) made lower...Read More
Tron surged to $0.05 and retraced some of its gains on the charts while Ontology breached the $1-mark, a level it hadn’t visited since February last year. Finally, SUSHI‘s charts registered short-term bearish pressure as it was unable to convincingly assail the $15.8-level of resistance. Tron [TRX] Source: TRX/USDT on TradingView The breakout past the...Read More
Binance Coin surged to $148, following which, it registered a pullback to $120. In fact, it was in a phase of consolidation above the 23.6% retracement level at $121, as was Maker. In the short-term, both coins can be expected to trade sideways. Finally, NEM was moving with bullish strength towards its level of resistance...Read More
EOS, at press time, had risen to its highest point in nearly a year, but flashed bearish signals on the charts too. AAVE broke above its ascending triangle and awaited confirmation over the next few trading sessions. Finally, Uniswap seemed to be trading at record levels, with the RSI pointing towards a saturated market. EOS...Read More
At the time of writing, XRP was projected to maintain its ascension as buying activity picked up on the charts. On the other hand, Algorand moved lower after a bearish marubozu candlestick formed on its 4-hour chart. Finally, Zcash was tipped to flip the $125.6-resistance on the back of strong bullish signals. XRP Source: XRP/USD,...Read More
Monero rose north of the 200-SMA on the price charts and projected a bullish trend, but stronger cues were needed to support a move above its most recent local high. IOTA and DCR flashed bearish signals at the time of writing, with both expected to move lower towards their respective support levels in the short-term....Read More
Litecoin was not too far away from the $200-level, with LTC projected to surge above that mark over the next few trading sessions. Further down the crypto-ladder, Synthetix and VeChain underlined the strength in the broader market as the altcoins traded at record levels, at press time. However, there were chances of a bearish pullback...Read More
Cardano seemed poised for a correction on the price charts, at press time, with its indicators flashing red signals moving forward. NEO was on track to rise above the $30-mark on the back of a bullish broader market. Finally, DOGE’s indicators pointed to a reversal, but uncertainty clouded its future direction. Cardano [ADA] Source: ADA/USD,...Read More
Tron [TRX] surged to levels last seen in June 2018, with the crypto projected to maintain its trajectory over the next few trading sessions. REP overturned the $24-resistance level, but it was uncertain whether the bulls could hold on to the price level. Finally, ATOM formed a bearish crossover on the MACD and was predicted...Read More
Binance Coin snapped up another all-time high recently, with the exchange token tipped to continue on its upward trajectory in the short-term. WAVES looked primed to rise above $10 as the bullish momentum looked strong on the charts. Finally, CRO was set to overturn its bearish market, with the price overhauling its 200-SMA. Binance Coin...Read More
Despite market leaders Bitcoin and Ethereum valued at historical levels at the time of writing, altcoins such as NEM and Maker moved on their own accord, while trading in the red zone. On the contrary, BSV rose on the back of bullish cues from the broader market, but it remained uncertain whether it would be...Read More
Cardano had shown a bull flag pattern on the shorter timeframes and broken out, but reversed before nearing its projected target. VeChain attempted repeatedly to climb above $0.03, and Algorand was making extraordinary gains. Cardano [ADA] Source: ADA/USDT on TradingView The bull flag projected a target of $0.75 for ADA, with the highlighted region expected...Read More
BCH moved below its 200-SMA once again but the bulls were likely to overturn the bearish market moving forward. XTZ projected an upside at $3.42 after the indicators flashed bullish signals and BAT could rise above its August 2020 levels if the price moves north of $0.427. Bitcoin Cash [BCH] Source: BCH/USD, TradingView Bitcoin Cash...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum formed an ascending triangle pattern on the charts but faced some resistance at the $1760 mark. While high gas fees are a blow to decentralized exchanges, they could also persuade users to turn...Read More
Chainlink found stubborn resistance in the $24.8-$25.8 region. Aave was forced to pullback at $540 but approached it with bullish momentum once more while Elrond shot upwards on the charts without enduring a price correction. Chainlink [LINK] Source: LINK/USD on TradingView Chainlink faced a region of supply at $24.8-$25.8. LINK briefly move above $26 but...Read More
XRP projected rangebound movement as the dust settled in its market following a period of high volatility. XMR moved within a horizontal channel and the breakout did not seem imminent over the next few sessions. IOTA could depend on a broader market rally to climb above its local high. XRP Source: XRP/USD, TradingView XRP continued...Read More
The CME Group has opened its doors to its much-anticipated Ethereum futures after the ETH futures contract went live at 6 p.m ET on February 8th for its first trade. According to the website, the futures opened at $1604, and the real-time index was currently around $1648. Source: CoinStats The CME futures are cash-settled and...Read More
The bull market is beginning and most altcoins broke past levels of resistance that had countered their rise in the past. Litecoin was trading within a range and looked likely to drop beneath $150, while FTX Token and Decred were bullish on the price charts. Litecoin [LTC] Source: LTC/USD on TradingView The longer-term range for...Read More
With a market capitalization of $2.713 billion, Monero has been pushed to the 21st rank on the CoinMarketCap list. However, the privacy-centric token has been witnessing its price moving like a wave hitting $146 and $158 price levels in the short-term. At the time of writing, XMR was valued at $152.16 and was looking like...Read More
