Ordinarily, Bitcoin’s price performance on the charts will be mirrored by the many altcoins in the market. However, off-late, that hasn’t been the case. Despite many alts noting corrections over the past few days, not every alt got the memo, with the likes of XRP and Dogecoin climbing, while LINK continues to correct. XRP Source:...Read More
Much of the altcoin market has reverted to the norm of following Bitcoin’s lack of movement on the charts; many of these alts registered corrections of their own. However, while the likes of Bitcoin Cash and IOTA noted significant losses over the past week, Decred’s case was slightly different, with the crypto gaining slightly instead....Read More
After what seemed like a brief spell where the market’s altcoins noted movement independent of that of the world’s largest cryptocurrency, at press time, it seemed like these cryptos had reverted to taking Bitcoin’s lead. Over the last 7 days, Bitcoin fell by just over 1.5% on the charts. Source: Coinstats While the magnitude of...Read More
While Bitcoin’s price action hasn’t been very inspiring since the start of July, many of the altcoins have registered stunning uptrends. Altcoins such as Cosmos and Algorand have both come very close to doubling their coin’s value in the past two weeks, while a more conservative uptrend was noticed with EOS. EOS Source: EOS/USD, TradingView...Read More
Disclaimer: The following analysis attempts to study the price trend evolving in the Litecoin market. The cryptocurrency market has been going through one of its longest periods of consolidation and along with the price, the volatility has also been building up. Litecoin [LTC], the ninth-largest coin in the market has been restricted within its immediate...Read More
Despite Bitcoin’s price being stuck well below $9500 mark, altcoins seem to be registering quite a lot of varied price action. While Bitcoin Cash and Dash saw a minor drop in their trading price in the last week, Tezos has benefitted quite substantially with its price surging by close to 30 percent. Bitcoin Cash [BCH]...Read More
Cardano has been the pick of the altcoins since Bitcoin crashed in March. The now seventh-largest cryptocurrency in the market has amassed market capitalization of $3.1 billion, ahead of another rapidly surging altcoin Chainlink, market cap $2.74 billion. ADA trails Bitcoin Cash and its hardfork Bitcoin SV, in fifth and sixth positions respectively, but given...Read More
Disclaimer: The findings of the following analysis attempt to evaluate the evolving price trends in the Chainlink’s market The consolidating price of major altcoins has not restricted the growth of smaller alts like Chainlink [LINK]. Chainlink’s market had been marching up, while the largest digital asset Bitcoin [BTC] was bouncing around the same price levels....Read More
The cryptocurrency market has been noting varying price action across the spectrum of coins in the past few weeks. Bitcoin – the world’s largest cryptocurrency continues to be stuck in a sideways movement with a trading price of $9136 and a 24-hour trading volume of $4.1 billion. Source: CoinStats For altcoin’s like VeChain and Dogecoin,...Read More
XRP, the fourth largest cryptocurrency in the market has not had the best of years. Beginning the year in good spirit with some optimistic price action, it was soon overshadowed by Ethereum and later Bitcoin and its erratic movement. Even with the king coin losing 50 percent of its value, and beginning the second quarter...Read More
Disclaimer: The following price prediction analyses the emerging price trend in the market and its impact. Ethereum’s price was able to breach past the resistance at $226 and reach $249, however, with the resistance so close at $250, the coin retracted. The second-largest digital currency has been bouncing around $227 and $250 for the past...Read More
Disclaimer: The following price prediction foresees the stability of Bitcoin Cash at a lower range for the next few days. 5th ranked Bitcoin Cash registered a minor incline of 0.39 percent in over the last 24-hours as the token barely maintained its position above its long-term support at $220. At the time of writing, the...Read More
At the time of writing, to a certain extent, normal order seems to have been restored in the cryptocurrency market. On the heels of Bitcoin stagnating on the charts, many of the market’s altcoins registered losses of their own. At press time Bitcoin was being traded at $9155 with a 24-hour trading volume of $4.5...Read More
Disclaimer: The following price prediction foresees a declining period for the next few days, with the asset possibly breaking out by the end of July. Bitcoin SV registered one of the largest daily surges among its crypto counterparts on 6th July with a growth of 26 percent. The asset continued to maintain its position in...Read More
As the world’s largest cryptocurrency, Bitcoin is bound to have an overwhelming impact on the price fortunes of the market’s altcoins. This was the case at the time of writing as well, with the performances of alts such as Litecoin and Decred bucking speculations that the market’s cryptos are decoupling from Bitcoin. Monero’s price movements,...Read More
Despite many in the community speculating that the altseason may finally be here and Bitcoin may soon lose its starring role, most of the crypto-market continues to be dictated by the price movement of the world’s largest cryptocurrency. The fortunes of altcoins such as Ethereum Classic and Dogecoin are a case in point. Bitcoin [BTC]...Read More
Binance Coin, the token of cryptocurrency exchange Binance is faltering in its price-pushes with every passing day. Currently occupying 10th spot on CoinMarketCap’s list, behind Chainlink and Litecoin, BNB amasses a market capitalization of $2.68 billion at press time. But with Crypto.com Coin just behind at $2.57 market cap and the token losing value, an...Read More
Disclaimer: The findings of the following analysis attempt to evaluate the evolving price trends in the Chainlink’s market and its impact At the time of writing, the larger crypto-market seemed to be on its way down. In fact, the price of Bitcoin went down by 1.72%, with the world’s largest cryptocurrency depreciating from $9,198.56 to...Read More
Binance Coin, Tron, and Digibyte, all of these alts recorded a notable fall in their price over the last few hours, perhaps due to a similar drop in Bitcoin’s price. Regardless, these altcoins, at press time, were nearing strong supports on their charts, from which a bounce can be expected. Binance Coin [BNB] Source: BNBUSD...Read More
Disclaimer: The findings of the following analysis underline the instability of movement in the Bitcoin market, with the same likely to steady itself over the next 24-hours The phrase ‘any publicity is good publicity’ is often subjected to a lot of debate in the digital asset industry, with market sentiment often very quick to flip...Read More
The cryptocurrency community was taken by surprise after a giveaway scam perpetrated by hackers took Twitter by storm. However, at the time of writing, the market was yet to register any consequence of note. While many are still speculating over what may have been the intent behind such a stunt, many of the market’s altcoins...Read More
Many of the market’s altcoins shared a brief period of correction on the charts, with Ethereum, IOTA, and Dash all noting a minor decline in price over the past 24-hours. While the latest crypto-giveaway scam on Twitter, one involving Bitcoin and a host of famous personalities, brought a little bit of attention to cryptocurrencies, it...Read More
Tezos, the 13th largest cryptocurrency in the market, is the latest altcoin to note amazing returns, with XTZ surging by 46% in less than 2 weeks. At press time, XTZ’s market cap stood at $2.36 billion, with the crypto positioned right below EOS on the charts. Tezos weekly price chart With the price of altcoins...Read More
Disclaimer: The following price prediction should materialize over the next two weeks. When XRP registered a recovery of 103 percent after its price drop on March 13th, many were expecting it to follow into the footsteps of other major assets. The likes of Bitcoin, Ethereum were able to ascend near their early highs of 2020,...Read More
Disclaimer: The following analysis attempt to foresee Bitcoin Cash’s [BCH] price movement in the short-term. The cryptocurrency market has been in a Kangaroo phase, where the asset prices swing up and dive down instantly. Bitcoin Cash [BCH], the fork of Bitcoin has been on a downtrend and recently experienced a 5% drop in an hour’s...Read More
Cardano has seen a spectacular surge in its price action for the past few months but this might end soon. With ADA’s price approaching an important resistance, there might be a chance for price to retrace/pullback. This is on the higher time frame, however, on the lower time frame, the price is preparing for a...Read More
Major altcoins have displayed their individual price action in the crypto market. For Bitcoin, the price continued to remain around $9.2K with a 24-hour trading volume of $4.9 billion. Source: CoinStats Litecoin retained higher consolidation over the past month but failed to record any significant movement. For Cosmos, it was more positive than the rest and...Read More
Among Bitcoin, altcoins and shitcoins, something fundamentally changed for the latter. While altcoins soared through the figurative roof, Bitcoin is still strutting with little or no volatility. As for the shitcoins, this mysterious change took place exactly 17 days ago, when altcoins, shitcoins, mid-cap perps [perpetual contract], all started surging. This sudden surge was meteoric...Read More
The crypto market has been witnessing consecutive spurts of rising and falling prices. As the Bitcoin market noted a similar rise and fall on 12 July, which was imitated by the altcoin market too. Source: CoinStats However, the BTC price once again was pushed down to $9.2k level and registered a 24-hour trading volume of...Read More
Disclaimer: The following price prediction should materialize over the next two weeks. On May 28th, when Ethereum surged by 8.75 percent, the 2nd largest digital asset breached above the resistance of $226. Now over the past five weeks, the asset has been able to maintain consolidation between $227 and $250 albeit a minor decline on...Read More
