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
Tron was trading within an ascending triangle at the time of writing, but the indicators did not favor a breakout over the next few trading sessions. Aave flashed bullish signals and looked to snap newer highs on the charts while COMP was projected to rise above record levels after a bullish divergence formed on the...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
Tron seemed to be trading within a range and could prove to have some short-term bullish momentum if it rises above $0.0296. Algorand defended a region of demand from the market’s sellers, while Compound saw the strength of its uptrend wobble. Tron [TRX] Source: TRX/USDT on TradingView TRX has traded within the range of $0.0272...Read More
EOS was trading below its 200-SMA and projected a prolonged bear market as its indicators favored the selling side. XEM targeted a move above the $0.229-resistance, backed by a surge in trading volumes and buying activity. Finally, COMP failed to breach its immediate resistance and a shift of momentum towards the bearish side could see...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
Chainlink and Aave moved south after touching record levels as losses in the broader market had a negative effect on their prices. Further, Compound too flashed red, at press time, after a breakout was witnessed from its rising wedge pattern. Chainlink [LINK] Source: LINK/USD, TradingView After touching record levels, Chainlink’s price cooled down and fell...Read More
Bitcoin Cash and IOTA were primed for a breakout as they formed a triangle pattern on declining trading volumes. Compound flipped the $211 level to support and was headed towards $250. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView Over the past few days, the trading volume has been declining while BCH formed a triangle pattern...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
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
Chainlink approached $15.88, a level of resistance that has a confluence with the mid-point of the range it has been trading in over the past couple of days. Ethereum Classic attempted to flip the $7 resistance to support, and Compound saw increased selling volume even as its price climbed the charts. Chainlink [LINK] Source: LINK/USD...Read More
Litecoin was quite bullish on the charts as it targeted a move past $140, but Zcash and Compound lost a level of support to selling pressure and could see further downside in the coming days. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin was trading at $139.57, right atop the $139 level of resistance it was...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One The altcoin market recovered somewhat from its recent losses, with many altcoins noting a short-term bullish outlook. Stellar Lumens appeared poised to move above the $0.156-level, but Waves was unable to breach its level of resistance as it noted consistent selling pressure over...Read More
Some of the market’s large-cap altcoins had a bearish outlook to them. Stellar Lumens moved under the $0.156-level once more and could lose the $0.145-level of support as well. Compound indicated that it was likely to continue the bearish trend of the past few days, while Polkadot faced resistance from the $5.4-region of supply. Stellar...Read More
Altcoins Bitcoin SV, Ontology, and Compound were trading in the red at press time, unable to sustain recent levels that were set after Bitcoin’s momentous $23K price breach. Bitcoin SV [BSV] Source: BSV/USD, TradingView So far, December has been a rough month for Bitcoin SV as it has been unable to sustain the level it...Read More
Bitcoin trading above the $23000 level quickly caught up with retail traders and became the new norm on spot exchanges. When the price dropped below the ATH, the narrative of buy the dip meant buying above $22000, and this price range was the new dip. However, the cryptocurrency market is fast, and traders may have...Read More
Monero traded within a range over the past week and while it lacked momentum in the short-term, its long-term outlook remained strongly bullish. Polkadot formed a bullish reversal pattern, one that could break out to see the price move towards $5.8, while Compound treaded water above the $152-support level to denote a phase of consolidation....Read More
As the value of Bitcoin went past $20k, many of the market’s altcoins were also seeing their price rise on the charts. The performance of Litecoin, Zcash, and Compound did not witness major uptrends but registered positive gains. Litecoin [LTC] Source: LTC/USD on TradingView The Litecoin daily chart indicated the sideways movement of the digital...Read More
Monero was one of the least affected large-cap altcoins when Bitcoin registered some volatility over the past few days. It climbed past the $150-mark and could note further upside over the next few hours. Further, while Steem appeared to be on a strong uptrend once more, Compound held on above the $140-level of support. Monero...Read More
Bitcoin Dominance rose toward 64.3% after posting another higher low at 62.44% for the past week and stood at 63.66% at the time of writing. Bitcoin is currently being traded at $19072 with a 24-hour trading volume of $19.6 billion. Source: CoinStats Some altcoins showed a bullish breakout, such as Bitcoin SV and NEM. Compound...Read More
While Bitcoin and Ethereum registered gains in the near-term, the altcoin markets shared a bullish outlook. In fact, the Crypto Fear and Greed Index noted a figure of 88, at press time. Further down the crypto-ladder, while Monero faced some resistance in the vicinity of $125, Polkadot’s momentum swung in favor of the bulls and...Read More
Nearly every coin of relevance in the crypto sphere saw a drop in their price that coincided with Bitcoin’s correction from $19,400. Some altcoins were only correcting recent, strong gains, and can still be considered to be in a healthy uptrend on a longer timeframe. Cardano and Cosmos found strong support at important levels of...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 altcoin market continued to rally as Bitcoin Dominance fell further to 61.42% of the market share. Chainlink ascended past $15 and was likely to see further gains in the coming days. Dash had strong bullish momentum as it breached the psychological level at $100, while Compound registered gains in recent hours that were at...Read More
While Bitcoin Cash‘s contested fork last week depressed the price to $238, it has seen good recovery since. Interestingly, this was also aided by a strong surge across the altcoin market as Ethereum also visited its $550-resistance level. Subsequently, Bitcoin fell from $18,700 to near-$18,000 and many of the market’s alts also saw selling pressure...Read More
Bitcoin had nothing but thin air above it to reach ATH, while Ethereum was trading above $480 once more, with $500 a level it has not been above since mid-2018. Tezos saw strong interest from buyers in the past week, while Compound appeared to be recovering from the last two months’ heavy losses. Ethereum [ETH]...Read More
Bitcoin induced euphoria in the market’s traders after recently registering a yearly-high of $16,400. Further down the crypto-ladder, EOS seemed to have exhausted its recent bullish outlook while NEM’s chart exhibited a bearish divergence and was likely to see a pullback. Finally, Compound recorded gains recently, but it was yet to show any sign of...Read More
Monero had been trading within a range over the past month, but it appeared to have initiated a recent downtrend on the charts. On the contrary, while Waves was on an uptrend that could be set to continue over the coming days, Compound‘s bulls were engaged in a skirmish to flip a level of resistance...Read More
XRP, Dash, and Compound have all had a bad last month. XRP is down the least -2.94% while Dash is down -2.28% and Compound by -29.17%. This is obvious considering bitcoin’s stellar performance in the month of October, which has even outpaced the likes of FAANGs. XRP Source: XRPUSD TradingView XRP is still the fourth-largest...Read More
With some minor price adjustments to the downside seen in Bitcoin over the last 48 hours, the alt market was once again painted in red. However, the technical indicators for Bitcoin while showing little price recovery progress, maintained mixed signals on volatility and price action. While the short-term trend for Tron and Compound continued to remain...Read More
