Litecoin struggled to break above its current resistance, and sellers pushed prices towards $133.03 support. VeChain retested $0.026 and moved lower as buyers struggled to maintain control of the price while ETC traded within a restricted channel and relied on broader market cues for its path forward. Litecoin [LTC] Source: LTC/USD, TradingView Most of Litecoin’s...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash’s price has been noting a fall that began on the 16th of January and as the Bitcoin market fell under $35k, the BCH’s price has also mirrored this drop on the charts....Read More
Cardano flipped the $0.32 to support and showed that it was on the verge of breaking past $0.385 resistance as it neared its 2-year highs. Cosmos posted rapid gains over the past few days and was retracing some of those gains. Basic Attention Token was rejected once more at a level of resistance that has...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 Ethereum market has been noting a series of surges and corrections. The last correction followed another ascending channel built up and as the value once again accelerated on the price scale, the market...Read More
Polkadot showed bearish divergence, and while a pullback isn’t mandated, some regions of support can offer good buying opportunities. Ontology was bullish on the charts and was likely to flip the $0.68 level to support, and FTX Token was unable to break past the $9.8 region over the past few days. Polkadot [DOT] Source: DOT/USDT...Read More
Bitcoin Cash bounced between the $450 and $520 regions as neither buyers nor sellers were able to assert their dominance in the market. Zcash faced some short-term bearishness as it headed toward the $100 region of support, while Decred shrugged off last week’s drop and looked likely to flip the $60 level to support. Bitcoin...Read More
Chainlink saw a bearish divergence on the lower timeframe and experienced a minor dip to test the support at $19.8, but its long-term outlook is strongly bullish. IOTA appeared to invalidate a bullish pattern and could be headed to $0.4 support in the coming hours while Compound continued to register gains. Meanwhile, in the case...Read More
In a 60-hour window between 4th and 7th January, Stellar witnessed an unprecedented growth of over 200%, reaching a yearly high of $0.414 in the charts. The bullish momentum slowed down, but XLM has continued to hold a stronger position above the support of $0.273. At press time, Stellar had a market cap of $6.5...Read More
XRP was unable to breach the $0.3 level of resistance as it traded in the $0.28 region, even as announcements of it being delisted from popular exchanges rolled in. Tron flipped a level of resistance to support but did not possess strong upside momentum, and Dogecoin was quiet on the charts as well. XRP Source:...Read More
TRX moved within a fixed channel as momentum rested with neither the market’s bulls nor the bears. Augur looked to claw back to the $21.6-mark, but a boost from market leaders BTC and ETH might be required to make the ascension possible on the charts. Finally, MKR looked to break above $1,563 and targeted a...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 looked to be strongly bullish on the price charts as it broke past its previous all-time high to touch $22.56. While the market-wide correction on 10 January saw LINK drop from $17 to...Read More
Bitcoin SV exhibited falling volatility and trade volume on the price charts and could be set to consolidate above a level of support at $216. Waves and VeChain, however, appeared primed for a breakout to the upside. Bitcoin SV [BSV] Source: BSV/USDT on TradingView On the 4-hour chart, the Bollinger Bands indicated that while significant...Read More
Altcoins such as Tezos and Algorand were surging on the charts and eyed newer local highs, but the indicators suggested that a reversal could impact the prices soon. DASH projected upside as momentum was looking to shift towards the buyers. However, the extent of bullishness could be determined by the broader market. Tezos [XTZ] Source:...Read More
Cardano bounced back from the $0.29-support level and targeted a break above its press time resistance, while the indicators confirmed the possibility of a bullish outcome. ONT also looked bullish and targeted its November 2020 levels as buyers maintained control. Finally, SNX traded close to its record high, but relied on a broader market trend...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Tezos’s [XTZ] market has been seeing strong northbound momentum in the short-term. While a part of this growth could have been a result of Bitcoin’s market rally, the XTZ market seemed to be surging...Read More
Binance Coin appeared to be forming a bullish pattern that wasn’t yet confirmed, but it could see a breakout in the coming days towards the $45-mark. STEEM bounced off a level of support as it rose towards a level of resistance once more. Finally, Compound was making steady gains as it breached $200 and looked...Read More
EOS‘s market noted some bearish presence, with the same likely to push the crypto’s price slightly south towards $2.6. Basic Attention Token appeared to break out of a range backed by significant trading volume, while Dogecoin was in a phase of consolidation and traded sideways on the charts with no strong momentum. EOS Source: EOS/USDT...Read More
Monero slipped from $173 to test the $149-level of support over the past few days and was trading at an important level as the market’s bulls and bears tussled for control of the market. IOTA formed a bullish pattern on the charts and could see a bullish breakout targeting $0.55. Finally, DigiByte noted some early...Read More
Ethereum’s price was on the verge of registering a new ATH, before a massive correction hit once again. Since then, ETH has been on a recovery run. By and large, however, the past few days have seen mostly sideways movement from the likes of ETH, Maker, and even Dogecoin. Ethereum [ETH] Source: ETH/USD, TradingView Ethereum...Read More
Litecoin appeared to be consolidating around $150 as it gathered steam to begin another northbound move to test the $180-level of resistance. OMG Network saw a similar scenario on the charts as it surged past $3.1 over the past few days, with the crypto heading towards $4.1. SushiSwap too was bullish on the charts and...Read More
For many of the crypto-market’s altcoins, the past few days have been all about recovering their prices after Bitcoin’s drop on the charts. While some altcoins like Aave managed to register significant hikes over the past 24-48 hours, other cryptos like EOS and Vechain have had to battle spells of sideways movement. EOS Source: EOS/USD,...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 past 60 hours have been bullish for Bitcoin. The $34k-$34.5k region served as support and saw BTC climb back to touch $40k. However, it was unable to stay there as selling pressure forced...Read More
Bitcoin Cash sought to defend the $495-level of support and appeared likely to see a move to $540 over the next few trading sessions. Loopring saw rejection at a level of resistance and could be headed back to the mid-point of its range, while YFI saw rising demand even as the price dipped to suggest...Read More
Disclaimer: The findings of the following analysis are the sole opinion of the writer and should not be taken as investment advice Cardano‘s ecosystem has been witnessing strong developments of late, with each aimed at making it more self-reliant. With the cryptocurrency ADA rising on the charts, one can argue that the crypto is highlighting its...Read More
Bitcoin made a comeback on the charts over the past 24-hours, with the cryptocurrency trading close to its $38k-level of resistance. This, in turn, positively affected many of the market’s altcoins like Polkadot and Uniswap, with both alts registering hikes of up to 21 percent while DASH endured yet another price correction. Polkadot [DOT] Source:...Read More
Tron faced resistance from a horizontal level, as well as from a Gann fan line, and was likely to see a rejection at the level of resistance. Ethereum Classic dipped towards $7.5, but can defend it and register a northbound move while IOST was poised to surge past a level of resistance following strong bullish...Read More
The price of Litecoin [LTC] was hit hard as the cryptocurrency market fell. The price plunged 27% within three hours from $170 to $124 but managed to recover in the past couple of days. At the time of writing, the coin was trading at $154 and was building higher. This was a trend seen across...Read More
Bitcoin Cash reclaimed an important region of demand following its drop to $400 and was on its way to recovery toward $600. EOS formed a bullish pattern, a breakout from which it would target the $3 level of resistance. Algorand indicated neutral short-term momentum and only a climb above $0.45 would point toward the likelihood...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice Alongside the rest of the market, Litecoin was rocked hard by the “crash” of Bitcoin from $40k to $30k. This was more of a healthy market correction than a crash, and the large-cap cryptocurrencies...Read More
The Chainlink price saw considerable upward momentum until January 10 and has been on a retracement ever since. However, the retracement phase might be over as LINK’s price shows promise of a surge that could push its price by 20% and beyond in the upcoming future. At press time, Chainlink’s price is trading $15.89 and...Read More
