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
Some of the market’s large-cap altcoins initiated a recovery on the charts after seeing their value slashed in a matter of hours, following Bitcoin’s own retracement. While Binance Coin’s recent gains were backed by bullish momentum, Waves did not register significant selling volume, even during the latest drop. Finally, Enjin showed that its market was...Read More
Bitcoin Dominance hit 62% after a bounce from 61.5% over the past 36 hours. While it is not a perfect metric, altcoins need this number to continue to drop to enjoy further gains. Compound showed a bearish divergence between buying volume and price, while Monero still had bullish momentum on its side. Binance Coin bulls...Read More
The Crypto Fear and Greed Index continued to underline the extreme greed in the market with a reading of 90, at press time. While Binance Coin registered a bearish divergence that could see the coin dip slightly on the charts, Ontology’s trading volume was yet to catch up with its latest surge in price. Finally,...Read More
Bitcoin showed no signs of stopping its northbound run as it skirted the $19,000-mark over the last few hours. Further down the crypto-ladder, Binance Coin could be set to trade within a range over the next few days while DigiByte formed a rectangle pattern on the charts. Finally, Waves neared its two-year high on the...Read More
Crypto Fear and Greed Index stood at 91 to denote extreme greed as Bitcoin, after a brief dip below $17,500, rose past $18,000 once more. Binance Coin broke out of a triangle pattern and showed signs of an uptrend. Monero was also strongly bullish, while Algorand traded within a range over the past two weeks....Read More
Bitcoin touched $16,800 in recent hours as sentiment in the crypto space continued to be ecstatic. Some metrics pointed toward a BTC pullback, but it would be anyone’s guess to pinpoint the exact local top for BTC. Some altcoins were strongly bullish in the short term. Binance Coin reversed a bearish pattern with an upside...Read More
With Bitcoin continuing to hover very close to its $16k-resistance level, many of the market’s altcoins are now having to endure prolonged periods of sideways movement. Such was the case for altcoins such as Binance Coin, Polkadot, and VeChain over the course of the previous week. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin’s price...Read More
In an official announcement, cryptocurrency exchange Binance, said it has offered the promised bounty of $200,000 to certain private investigators, who remain unnamed, for compiling a report that identified one of the alleged attackers and provided information on the specifics of the attack. Earlier, the exchange had decided to reward anyone who “supplies information that...Read More
Bitcoin rose to $15,610 and the Crypto Fear and Greed Index showed a greedy value of 86, in what has been a week of extreme bullish sentiment toward crypto. Binance Coin formed a pattern that could see a breakout imminently, while the coin itself lacked momentum over the past few hours. IOTA could bounce off...Read More
Bitcoin spent a large part of the past few days trading in the vicinity of $15,400. It was valued at $15,361 at press time and its sideways movement appeared to benefit some altcoins. Source: CoinStats Binance Coin appeared poised for a breakout, while IOTA’s bullish momentum faded. BAT showed a divergence that could take it...Read More
Binance Coin has been one of the few exchange tokens to have performed well over the past few weeks. While it did note a pullback on the charts, it was otherwise likely to continue the short-term uptrend it was on. Aave could drop a few percentage points more in value before another attempt at climbing...Read More
Binance Coin saw rapid losses in the past few days, undoing most of last month’s gains. There is a likelihood it would post further losses in the coming days. Monero was trending lower in the short-term, yet an important level of support was not yet subject to intense scrutiny by the bears. Dash was trading...Read More
Bearish momentum in the market was clearly visible on the trading charts of Binance Coin, Cosmos and Basic Attention Token. Binance Coin and Cosmos, ahead of a major downward move, were attempting to retrace some gains at press time, however an overall bearish scenario was maintained for both the alts. In the case of Basic...Read More
Crypto Fear and Greed Index dropped from 75 to 61 as Bitcoin was quite volatile the previous day, going as high as $13,250 and dropping to as low as $12,785. This could have spooked some traders and shifted sentiment from euphoria to a little less ecstatic. Binance Coin posted strong gains. IOTA exhibited a bearish...Read More
Bitcoin broke past the $13,000-level over the last few days, before pulling back to $12,937, at press time. This has only furthered the cryptocurrency’s store of value narrative, with Michael Novogratz, CEO of Galaxy Digital, recently claiming that Bitcoin would not be used as a transaction currency five years from now. In fact, a lot...Read More
Following a dip in Bitcoin’s bullish sentiment, the crypto-market also appeared to be in a phase of price consolidation. Decred, particularly, underlined a bearish setup on its trading charts, while the bulls in the Binance Coin and Augur markets appeared to give in to a brief period of price consolidation. Binance Coin [BNB] Source: BNB/USD...Read More
Binance Coin broke beneath its uptrend of the past month, although this could be a temporary haven for the asset than a reversal in trend. Cosmos had bearish momentum while Dash experienced a period of high volatility and registered big gains but was unable to hold on to them all. Binance Coin [BNB] Source: BNB/USDT...Read More
Despite its 10% gain over the day and being a top-performing asset, the bull market in DASH was likely to turn around soon, as key technical indicators hinted towards a price correction. Binance Coin noted some bearishness on the charts, while also maintaining the possibility of a positive price reversal. Tezos, on the other hand,...Read More
Binance Coin was retracing some gains as BNB bulls took profit, and was likely to resume the uptrend in the coming days. IOTA was headed downward, as was Basic Attention Token. However, both the assets might be able to effect a short-term bounce in the coming days. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance...Read More
Binance Coin despite its immediate bearishness on the hourly charts, remained strong in terms of buying volumes, that might help BNB in its price recovery over the next few days. Cosmos too, although bearish for the day, could be poised for price recovery soon, given its overall uptrend and weak selling pressure. While Stellar Lumens indicated...Read More
When volatility is low and the market sentiment is neutral, copy trading may be the best bet for retail traders. Social trading platforms have been around for a while, however, they are even more relevant now. Consider this – Finance Illustrated recently released a list of the top traders on the social trading platform, eToro....Read More
The trading charts for the altcoin market was once again displaying bearishness after a shift from the recent upward rallies gained just last week. Binance Coin with its double top formation was seen heading towards a bearish scenario. The bear market for IOTA, however, might still display some hope. In the case of FTX token, the...Read More
Bitcoin advanced from $10,650 to $10,800 and was trading at press time at $10,765. The steady gains made by Bitcoin suggested a shift in sentiment toward the bullish side. Source: CoinStats The Crypto Fear and Greed Index showed a value of 47, a rise from the previous day’s 42. Binance Coin showed a bearish divergence...Read More
Bitcoin rose from $10,550 to $10,750 in the past 24 hours but selling pressure pushed BTC’s value to $10,660 at press time. Source: CoinStats Binance Coin was bullish in the markets while Zcash can expect a minor pullback in the next few trading sessions before another attempt at resistance. Dash might be set to lose...Read More
Despite developments that could have had a strong bearish impact on Bitcoin such as the Kucoin hack, BitMEX co-founders being charged by the CFTC, or the stock market drop following the U.S President’s positive coronavirus test, Bitcoin stayed strong above $10,500. However, the Crypto Fear and Greed Index stood at 40, suggesting fear in the...Read More
Binance Coin shed value in early September but the bulls were out in force as they drove the price steadily upward. IOTA showed a strengthening upward trend and Zcash showed signs of bullishness in the near-term. Most altcoins, including IOTA and ZEC, have been trending downward since August, so their bullish momentum might be short-lived....Read More
Binance Coin exhibited bullishness in its market, but it could see a minor drop of 2-3% before noting further gains. NEM broke out of a period of consolidation and appeared to have flipped a level of resistance to support. Verge showed bearishness in its own market. Binance Coin [BNB] Source: BNB/USDT on TradingView At press...Read More
Binance Coin showed signs of being on a healthy long-term uptrend as it retraced recent gains made. In the short-term also, it appeared likely to move north. Polkadot bounced off its support and might be headed for more gains, although it could also exhibit ranging action in the coming days. Verge has been in a...Read More
Binance Coin, ATOM, and even Compound registered a bullish bias after noting a drop on their charts over the last week. However, while Binance and ATOM hinted at a definite bullish move, the same might not be the case with Compound’s COMP token. Binance Coin [BNB] Source: BNB/USD on TradingView With a huge descending channel...Read More
