This week has been rather bullish for most digital assets as the market continues to show splendid recovery after hitting its bottom on June 18th. Bitcoin price is up over 3% today, trading at $21.2k, Ethereum price managed to close in at $1.2k, BNB is up over 12% this week, trading above $240, XRP saw...Read More
The rapid advancement in crypto, gave investors a vast array of tools to work with, especially when trading coins. In 2020, a new trend emerged – liquidity provisioning or yield farming. Earnable joins the list of dApps, concentrated on providing a solution to several current problems in the crypto sector: Almost all platforms require some...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
Binance Coin has been on its most significant bull rally to date since the turn of February 2021. From a base price of ~$43, BNB, at the time of writing, was priced at $126. In fact, for a brief while, BNB was up by 241%, even clocking in a high of $149.76. In the past...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
Binance Coin reversed its dip and looked set on retesting $75.5 once more. Cosmos showed the beginning of a bearish divergence as it climbed toward its target of $15.84, and Dogecoin showed a buy signal as it rose toward $0.08 once more. Binance Coin [BNB] Source: BNB/USDT on TradingView On the 1-hour chart, BNB formed...Read More
It’s been a good few days for the market’s leading cryptocurrencies. Not only did Bitcoin, the world’s largest cryptocurrency, break out of its previous rangebound pattern, but Ethereum too has been registering new ATHs on the price charts. BTC and ETH’s performances had a ripple effect on the larger altcoin market, with cryptos like Binance...Read More
Altcoins BNB and COMP maintained their January uptrend as their price set new records at press time. Nevertheless, they were primed for a reversal as the indicators flashed bearish signals. DCR was rejected at $66.8 resistance, but strong trading volume suggested that the price would eventually break above the resistance mark. Binance Coin [BNB] Source:...Read More
It has been another bullish week for Binance Coin as the asset rallied from $36 on the 22nd of January, to $44 on 31 January. While the token has been here before, on the long-term chart, the potential of another correction arises. At press time, Binance Coin had a market cap of $6.9 million, as...Read More
Binance Coin was trading within a restricted channel and it awaited further direction from the broader market for a breakout. SNX flipped the $17-resistance level, but the indicators suggested that bullish momentum was slowing down. Finally, ZEC moved closer to its 200-SMA and a fall below that level would confirm a bear market trend. Binance...Read More
Binance Coin cut its losses at $38.46, with the market’s bulls looking to target a break above $41.78. REP moved between $21.73 and $20.6, but a shift in momentum towards the bearish side could see the price test its press time support level. Finally, COMP rose above its 50-SMA but it was unlikely to maintain...Read More
Binance Coin could be poised for a bounce to $41.5, but at the time of writing, it was facing south and the $40.4-region could pose some resistance to the price as well. Ethereum Classic clung to a level of support at $7 while VeChain was likely to rise to $0.031 and retest the boundary of...Read More
Binance Coin and Cosmos touched record levels after a surge in market leaders BTC and ETH‘s charts lifted the broader cryptocurrency market. Further down the crypto-ladder, DASH registered a breakout and was heading towards the $136.38-resistance level. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin cooled off from its all-time high and traded close to...Read More
As the price broke out due to a surge in the Bitcoin market, many altcoins mirrored its movement and posted gains. Major altcoin, Binance Coin [BNB] has already been providing good returns to the investors, but other crypto assets were unable to break out of the dull market. Binance Coin [BNB] Source: BNBUSD on TradingView...Read More
Setting a new all-time high seems to be in fashion for many cryptocurrencies. Binance Coin joined the growing list as it rose past $47 in the early hours of Jan 18. However, after having breached the $47 level the coin experienced a pullback and was trading close to $46 at press time. Source: BNB/USD, TradingView...Read More
Binance Coin looked to revisit $38.72 as the price failed to hold up above its present resistance. Dash formed a symmetrical triangle on the charts and presented the possibility of a breakout above $135.69 resistance while SNX reversed course and fell by over 12% after hitting record levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance...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
After Bitcoin fell on the charts, the broader altcoin market moved in tandem with the king coin and slumped into the red territory. However, BNB signaled a potential pullback towards $41.7, while IOTA’s and VET’s fall halted at their current support levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin’s fall along with the broader...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice A strong performance from the biggest of the altcoins Ethereum has seen many large-cap coins surge. Binance Coin has been one of the best performing exchange tokens, with a YTD return on investment of...Read More
Altcoins BNB and SNX showed bearish signals at the time of writing as sellers maintained control of the prices, while DCR projected a northbound move after a minor pullback in prices. Binance Coin [BNB] Source: BNB/USD, TradingView BNB’s bullish trend continued as the price rose above the resistance at $41.70 and traded close to its...Read More
Binance Coin and Dogecoin entered a consolidation phase on the price charts after a solid start to the year, while IOTA projected upside movement as buyers took control of the market. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin seemed to be noting a minor pullback after breaching its all-time high a couple of days...Read More
Binance Coin was bullish in the market as it sought to rise past the $40 mark, a feat it could achieve in the coming days. Bearish news for Dash saw the price plunge, while Ethereum Classic rose toward a region of supply. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance Coin saw some sideways trading...Read More
Christmas seems to have come bearing gifts for Bitcoin. Adding cheer to the festival celebrations, the world’s largest cryptocurrency scaled beyond the $27,000 price level over the past few days. As a result, the broader altcoin market has also been surging on the charts. The question now is – Will altcoins be able to sustain...Read More
Despite Bitcoin’s rising market dominance, further gains for ETH against the US Dollar meant that many altcoins posted gains as well. Binance Coin appeared set to rise past its local high at $35.69, while Maker had strong bullish momentum behind it as it flipped a level of resistance to support. Finally, Neo registered weak bearish...Read More
With Bitcoin holding firm between $22,500 and $23,500 for the past few days, one would expect the market’s altcoins to hold steady and consolidate as well. However, while Bitcoin has remained bullish, many alts were unable to sustain their market momentum, with the likes of Binance Coin, Chainlink, and EOS exhausting themselves on the price...Read More
Binance Coin lost some of its recent gains, and despite the bearish strength, bulls have a hope of defending the $30 level. The same could not be said for IOTA as it appeared likely to drop to an imminent level of support. Algorand reversed directions a few days ago and could retrace all the gains...Read More
Binance Coin climbed to a local high of $35.69 and it could be set to retrace some of its gains on the charts. Augur registered a massive spike to the upside a few days back, one that was pushed down, and subsequently, it was forced to retrace some gains before initiating another move upwards. Verge...Read More
Over the past few trading sessions, many of the market’s major altcoins have registered gains. And yet, for some of them, the gains were only a pullback in their downtrends. Ontology and DigiByte were some examples of coins on a downtrend over the past two weeks. They had a bullish November, but have been unable...Read More
Bitcoin shed nearly 3% in a matter of hours following a move down from $19,298 to a low of $18,700. This affected the rest of the market as well. Binance Coin dropped beneath a level of support at $29 and could be set to retrace all the gains of the past couple of weeks to...Read More
Binance Coin could be set to lose the level of support at $29 to the market’s bears over the next few days after noting a lack of buying volume over the past two weeks. The bullish momentum behind the recent gains for both Synthetix and Nano appeared to have evaporated, and both cryptos could witness...Read More
