Altcoins such as Chainlink, Tezos, and Ontology saw their price surge during the course of the past week. For most altcoins, since the start of the month, their price action has been very positive and in the case of Chainlink, the coin recorded a 42 percent spike in its trading price. Chainlink [LINK] Source: LINK/USD,...Read More
Cardano has seen a massive surge in the last 10 days with its price appreciating by a massive 82%. In the last 24-hours, the coin has seen a surge of 25%, and its market cap has increased from $1.9 billion to $3.4 billion, and now stands as the sixth-largest cryptocurrency in the world. 3-day chart...Read More
The performance of Bitcoin has often overshadowed the developments of most altcoins. Even though the impact of BTC’s volatility is visible across all major coins in the market, the independent movement of many major coins has been often neglected. A similar trend has been taking shape in the XRP market despite the sideways movement of...Read More
While Dash and ETH are seemingly bullish, BAT is eying for a retracement to its immediate support. This comes at a time when altcoins are surging while Bitcoin heads down. Ethereum [ETH] Ethereum has seen a small pump leading to the breach of the resistance at $234.43. A retest of this seems plausible but the...Read More
For many of the altcoins, the past few days have been very promising. While Bitcoin continues to remain below $9500, many popular altcoins like Litecoin and Ethereum Classic have registered significant gains in the past 48-hours. Source: Coinstats The king coin, however, at press time was trading at $9287 with a 24-hour trading volume of...Read More
During the past week, many altcoins seemed to have posted substantial gains. Popular altcoins like Binance Coin, IOTA, and Cosmos all surged in terms of their trading price registering a hike up to 30 percent. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin currently occupies 9th spot of CoinMarketCap’s list with a market capitalization of...Read More
Although Cardano has hit a level last seen in 2019, all the coins [Zcash and Stellar Lumens], show a potential retracement soon. However, the same might not apply to Cardano, especially with the recent Shelley update. Cardano Cardano’s price stands at $0.106 per token and has a market cap of $2.52 billion making it the...Read More
For most altcoins in less than a day’s time, their fortunes seem to be gaining positive momentum. The altcoin market often moves in sync with the price action of the world’s oldest and largest cryptocurrency – Bitcoin and the past 24-hours have been no different. Popular altcoins like Bitcoin Cash, Ethereum Classic, and DigiByte all...Read More
The fourth-largest cryptocurrency in the market, XRP is not a stranger to the volatility in the market. Even though the current state of the cryptocurrency market has been consolidated, XRP has been witnessing this stagnation for a long time now. Despite the sudden drop in XRP’s price, like that noted on 9 June, the value...Read More
The Bitcoin market witnessed tremendous selling pressure in the $8.8 to $9.3k range and has been unsuccessful in going above this range. At press time Bitcoin had a trading value of $9265 and a 24-hour trading volume of $6.7 billion. Source: CoinStats Despite pressure in the largest digital asset market, some small-cap assets have remained...Read More
In the past few days, Bitcoin saw a minor movement which had a considerable influence on the altcoin markets. Many coins behind Bitcoin on the coin-ladder have seen isolated swings, one among them is Litecoin, the silver to Bitcoin’s gold. Over the past two days, LTC has surged by over 7.3 percent, defying its short...Read More
In the past few months as Bitcoin remained stable around the $9,000 mark, a few altcoins rose to the spotlight. While it still cannot be said that ‘altseason’ has arrived, that does not mean that we haven’t had individual altcoin rallies and individual altcoin busts. EOS: Source: EOSUSD via Trading View EOS, the 11th largest...Read More
At press time, Tezos ranked 12th on CMC with a market cap of $1.7 billion. Priced at $2.34, it saw a 2.60% surge in the last day and from the looks of technical indicators, more is yet to come. Tezos Four-Hour Chart XTZUSD TradingView From the above chart, it can be seen that XTZ has been...Read More
Most altcoins do not have two legs to stand on. Non-specialized altcoins rarely brush the limelight with isolated pumps and dumps, while others rely on the price movement of Bitcoin. And when the king coin volatility runs dry, investors dilute their alt-bags. Such is the case for most altcoins, but not for the largest one...Read More
Bitcoin SV, at press time, stood just below Bitcoin Cash, at the sixth position. While Bitcoin Cash, its competitor, holds the position at 5th, BSV’s market cap is half of BCH at $2.85 billion. The coin has seen a 0.55% drop in the last 24 hours and by the looks of it, more is yet...Read More
Bitcoin has not seen a bull run for almost 3 years now. With the last bull run ending on December 17, 2017, most people are yet to witness a bull run. This is an extended bear market and a pre-bull run phase, where the price has the least volatility. Perhaps, this extended bear run is...Read More
Among Bitcoin Cash, Dogecoin, and Dash, Dogecoin seems to be the most bullish coin. Bitcoin Cash BCHUSD TradingView The fork of Bitcoin and a competitor of Bitcoin SV, has seen a good surge of 4.74% in the last 12 hours, with the price trading at $228.37. The coin has a total market cap of $4.1...Read More
With the start of a new quarter, slowly but surely some altcoins are moving out of Bitcoin‘s shadow. As the $9,000 mark does not look to budge for the king coin, some alts, led by the top two Ethereum and XRP are seeing wayward movement, but all of them are looking up. Source: BTCUSD via...Read More
For an altcoin market largely tethered to Bitcoin, the stability of the latter is not proving helpful. Since early May, even before the 2020 halving, the king coin’s price has been stuck around the $9,000 range, and owing to the same, altcoins have been trading flat. But that does not mean short terms spurts have...Read More
With Bitcoin still trading just above $9,000 at press time, altcoins have not felt any ripple effects. For the larger part, the altcoin market moves in cohesion with the king coin, which still has a 64 percent dominance on the collective cryptocurrency market capitalization. Cardano, unlike the rest of the altcoin market, has been surging...Read More
Bitcoin underwent a bearish pattern that pushed its price from $9,216 below $9,000 for a brief moment. As the coin moves sideways on support at $9,016, the tussle between the bears and bulls continues. At press time, the market cap of bitcoin exceeded $165 billion and has a $12.5 billion 24-hour trading volume. Bitcoin One-Hour...Read More
Bitcoin’s efforts to breach its immediate resistance on the charts and head towards $10,000 continue to be in vain, with BTC falling on the charts again over the past 24-hours. While the world’s largest cryptocurrency didn’t fall by a huge or a very significant margin, its effects were felt by the market and its altcoins,...Read More
The meme coin is the only coin with a bullish outlook in the near term while Chainlink and XRP are both hinting at a downtrend. Even if Dogecoin doesn’t see price appreciation, it will witness a sideways movement; Link and XRP have a clear negative bias. Chainlink Chainlink ranks 13 with a market cap of...Read More
Disclaimer: The following analysis attempts to foresee Litecoin’s price movement in the long term, despite its presently stagnated price The cryptocurrency market hasn’t been noting an upward trend lately, with most major cryptos choosing instead to consolidate over the past couple of weeks. However, such price movements haven’t necessarily painted a bearish picture for many...Read More
Disclaimer: The findings of the following analysis attempt to foresee XRP’s price movements over the next 24 hours XRP’s price action hasn’t been very promising over the past few months. Over a month ago, XRP lost out to Tether in terms of market capitalization, dropping to fourth place on CoinMarketCap’s list. Since the 12 March...Read More
Altcoins, without any organic developments of their own, often find it very hard to move away from the influence Bitcoin’s price has on their own fortunes. While some like Cardano off-late have done so with a slew of major announcements, others haven’t been so lucky, with the likes of Ethereum, EOS, and DASH still far...Read More
Disclaimer: The findings of the following analysis attempt to foresee Bitcoin Cash’s price movements until the last week of July Bitcoin Cash’s recent price action hasn’t been able to replicate the strong bullish sentiment that was so common in the early weeks of 2020. While BCH has managed to go past its Black Thursday price...Read More
Most of the cryptocurrency market’s altcoins often follow Bitcoin, the world’s largest cryptocurrency by market cap, owing to the market share it holds. This means that as is often the case, when BTC rises, so do alts, and vice versa. The past few days have seen similar behaviour from the market’s altcoins. However, one alt,...Read More
Owing to Bitcoin’s dominance in the cryptocurrency market, both with respect to market cap and volume, many altcoins’ prices are defined by BTC’s fortunes. When Bitcoin falls, so do they, and when Bitcoin rises, they follow its lead. And while that may be changing over the past few weeks and months, BTC still dictates the...Read More
Disclaimer: The findings of the following analysis attempt to foresee BSV’s movements up to the last week of July Over the past two months, Bitcoin SV has been struggling to touch the price range it was trading within in early-2020. Unfortunately, Bitcoin SV’s price trends didn’t seem any likely to note a reversal either, at...Read More
