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
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
Bitcoin SV was projected to move within its range and a break above the $183-resistance level did not seem likely. On the contrary, BAT traded within its parallel channel and a breakout seemed imminent over the next few trading sessions. Finally, ZEC managed to rise above its upper trendline, but the price could reverse its...Read More
XRP’s price recovered from the blow dealt by news of the SEC lawsuit on December 22 to trade at $0.56. Monero surged after exhibiting a bullish divergence while Basic Attention Token hovered above a level of support. XRP Source: XRP/USD on TradingView On December 22nd, XRP was trading at $0.53. News of the SEC lawsuit...Read More
During the past week, Bitcoin’s performance on the charts hasn’t been very inspiring. The coin has struggled to regain strong bullish momentum and go past key levels of resistance without being subject to further price corrections. At press time, Bitcoin was trading at $33,076 with a 24-hour trading volume of $31.7 billion. Source: CoinStats In...Read More
Bitcoin SV was trading within a descending channel and selling pressure was likely to see it drop beneath an imminent level of support. Basic Attention Token broke out of a range and looked to flip another level of resistance to support. FTX Token saw a tussle between the bulls and the bears as it traded...Read More
After weeks of bullish movement, it would seem that Bitcoin is finally consolidating on the price charts. Interestingly, due to the high correlation most of the market’s altcoins share with the world’s largest cryptocurrency – BTC, altcoins such as Tezos, BAT, and Zcash mirrored its movement. However, these cryptos didn’t do so equally, especially since...Read More
EOS eyed a breakout from its press time channel to touch the $2.91-resistance level. BAT formed an ascending triangle on the chart and a northbound breakout can be seen over the coming days. Finally, MKR moved within a fixed channel and although the price was bullish, a move above its press time resistance level was...Read More
Stellar Lumens and Basic Attention Token were trading right beside their range highs. However, Stellar Lumens struggled to break past the resistance while BAT already has, and looked to surge higher. Aave made strong gains over the past week, and some levels of support are highlighted if it retraces some of those gains. Stellar Lumens...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
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
After Bitcoin, the world’s largest cryptocurrency, stabilized above the $36,000-mark, the broader altcoin market managed to cut its losses after yesterday’s fall. Altcoins like Bitcoin Cash and DigiByte were looking to rise on the charts as the buyers sought control of the market, while on the other hand, BAT was well on its way to...Read More
Bitcoin fell by 13% and Ethereum by 17% over the last 24 hours. The pullback for ETH saw a wick as low as $1001 but no further as buyers stepped in to drive the prices up. EOS lost a critical level at $3, while Basic Attention Token also lost the mid-point of its market range...Read More
After Bitcoin moved upwards from the $41,000 mark, the broader market followed suit and most altcoins rose along with the king coin. At press time, ADA, AAVE, and BAT were in the green territory and projected an upside move in the short term. Cardano [ADA] Source: ADA/USD, TradingView After snapping a local high at $0.358,...Read More
After Bitcoin retraced some of its gains over the last 24 hours, altcoins like BAT and Zcash followed suit and suspended their own northbound movement, entering a consolidation phase on the price charts. Finally, Litecoin was projected to move slightly lower on the charts too. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin picked up steadily on...Read More
After a minor correction, the world’s largest cryptocurrency Bitcoin climbed once again on the charts and headed towards the $28,000 mark. However, not every altcoin in the broader market was able to follow Bitcoin’s movement. Altcoins BAT and Stellar went against the trend and registered price drops, while OKB continued to rise upwards. Basic Attention...Read More
XRP sank to $0.22 and has traded for most of 2020 at or under $0.3, with about 60 days only of trading above this mark. The short-term outlook for XRP was extremely bearish, although a dead cat bounce can occur. Cosmos saw rising bullish sentiment as it tested the $5.45 level of resistance once more,...Read More
Although BAT, XTZ, and EOS had been under strain during the month of December, prices picked up pace over the past few trading sessions which painted a picture of optimism for the altcoins. Basic Attention Token [BAT] Source: BAT/USD, TradingView While BAT’s price tried to gain momentum since mid-December after a difficult start to the...Read More
Cardano had a long-term bullish outlook as it traded above the mid-range after establishing and sweeping key highs and lows. Yet its short-term momentum was bearish, and a retest of the $0.149 support was likely. Monero dropped beneath a level of support and could head as low as $140 before the bulls step in. Basic...Read More
Bitcoin SV rocketed past a crucial retracement level, but it recorded some underwhelming trading volume when doing so. Basic Attention Token was on a strong uptrend, one that could take it past the $0.27-resistance level in the coming days, while OKB noted a possible lack of buyers’ conviction, despite its recent gains. Bitcoin SV [BSV]...Read More
Monero showed bullish sentiment in the market over the past few weeks but also exhibited a bearish divergence that could see the price dip slightly. Cardano lacked buying volume in the market as it stayed afloat above the $0.15 level of support. Basic Attention Token retraced some of its losses but was unable to test...Read More
Tezos has recorded losses over the past couple of weeks and it was heading back towards the $2-level of support, at the time of writing. Basic Attention Token was also on a downtrend since early-December and found support at the $0.2-level. Finally, Dogecoin was consolidating at its level of resistance. Tezos [XTZ] Source: XTZ/USD on...Read More
The altcoin market saw some coins record gains over the past 24 hours, but there was also some volatility arising due to Bitcoin‘s recent price movements. In fact, while Monero saw a dip to $124 swiftly pushed back up to $132, Basic Attention Token was on a downtrend, but formed a bullish reversal pattern. Finally,...Read More
Ethereum rose to $600 once more, and the altcoin market responded positively to ETH’s rise in the past few hours. Binance Coin and Tezos registered gains, however, Tezos lacked trading volume. Basic Attention Token stalled beneath a level of resistance at $0.24, also on low trading volume. Bitcoin was likely to have a strong influence...Read More
Bitcoin Dominance stood steady at around 63% even as Ethereum and the altcoin market posted gains over the past few days and matched Bitcoin’s performance. Longer-term analysis pointed toward a possible pullback to $400 for Ether, while in the short-term ETH could see the $580 region retested as support. Tezos was trading within an ascending...Read More
The altcoin market, at the time of writing, was on its way towards recovery. Ethereum flipped $550 to support and rose steadily on the charts, prompting alts to climb alongside it. EOS and Basic Attention Token had a bullish outlook in the short-term, having recouped nearly half the losses following the recent drop. Finally, VeChain...Read More
The Crypto Fear and Greed Index stood at 87 to show extreme greed in the market, even after Bitcoin’s recent drop of nearly 15% within a day’s time. Technical analysis showed that BTC had undergone a retracement to healthy levels of support and can be expected to rise in the coming weeks, but in the...Read More
For the most part of November, the crypto market was filled with strong bullish momentum as Bitcoin inched closer to its ATH, last seen in 2017. However, with BTC unable to sustain its position above the $19K price level and with its current drop on the charts, many of the market’s altcoins are now enduring...Read More
The bullish sentiment has not yet abated in the altcoin markets as many coins saw a dip in price. The sellers were not yet out in force and XRP and Dash still had the legs for another move upward. XRP Source: XRP/USD on TradingView XRP rose to $0.78 before facing selling pressure (although Coinbase saw...Read More
Bitcoin was trading at $19,300 and Bitcoin Dominance climbed from the day’s low of 61.1% to 63.36%. This happened along with a pullback for many altcoins, and Ethereum also dropped slightly from $620. Bitcoin SV and Basic Attention Token were beginning to see a drop in price, while Cosmos had already exhibited a bearish divergence...Read More
