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
Chainlink traded close to the $22.24 support mark and flashed bearish signals at the time of writing. CRO moved below $0.06 support and the indicators suggested that it could topple yet another support level over the coming sessions. On the flip side, IOTA noted some bullish activity and looked to break above $0.51 resistance. Chainlink...Read More
Polkadot was strongly bullish on the charts and a pullback to $10.5 would present a good buying opportunity. Crypto.com Coin has been volatile over the past few days but its trajectory was upward, while Cosmos climbed above $6 in an attempt to flip the $6.3 level to a support. Polkadot [DOT] Source: DOT/USDT on TradingView...Read More
Across the market, double-digit percentage losses were recorded as Bitcoin faced selling pressure that caused a drop from $41,000 to $33,000 at the time of writing. Cardano formed a double-top pattern that could see it test the $0.23 level of support soon, while Crypto.com Coin was likely to retest the $0.07 region as resistance before...Read More
Bitcoin SV showed an exaggerated bearish divergence and was likely to retest the $170 region as support. Crypto.com Coin reversed its longer-term downtrend and could retrace some recent gains before another move upward. Aave broke out of the range it was trading within, and bulls would be determined to defend the $100 level if bears...Read More
The larger crypto-market is off to a strong start in 2021, backed by market leaders Bitcoin and Ethereum. In fact, in the past seven days alone, the top-10 coins by market cap have risen by between 13.8% and 74.84%, highlighting the bullish start to the New Year. However, with investors preparing to lock in their...Read More
The plummeting ETH/BTC pair was proof that Ethereum was unable to keep up with Bitcoin’s price rise on the charts. The altcoin market, as a whole, recovered somewhat after the dramatic drop before Christmas, but it began to shed value once more soon after. Bitcoin SV registered a hidden bearish divergence and could be driven...Read More
Bitcoin’s $23,000 price breach lifted the broader altcoin market over the past week. This is evident by the fact that altcoins have risen in tandem with the king coin. However, minor corrections in Bitcoin’s price have also seen altcoins move into red territory. Altcoins like ETC as CRO have been more prone to these corrections,...Read More
Bitcoin’s market dominance was on display over the past 10 days after the larger crypto-market rallied on the back of BTC’s performance on the price charts. Thanks to the high correlation most of the market’s alts share with BTC, the former, by and large, pumped. Despite some degree of corrections setting in, at the time...Read More
Bitcoin Cash and Crypto.com Coin could be set to trade within a range over the next few days as they lacked any momentum in the short-term. However, while Bitcoin Cash noted a balance between the market’s buyers and sellers with respect to the volume bought or sold, NEM saw a breakout to the upside and...Read More
Bitcoin visited $17,600 and rebounded to $18,300 at the time of writing. The altcoin market followed Bitcoin’s price movement over the past few hours. Tezos tested support at $2, and FTX Token saw a decline to $4.08 before bulls pushed the price upward to $4.27. Crypto.com Coin appeared to resume the previous bearish trend that...Read More
Bitcoin’s market cap was at $361 billion as the market eagerly anticipated a daily close above ATH. Chainlink was trading within an ascending channel and recently flipped the $14 psychological level to support, and could do the same to $14.5 resistance over the next few trading sessions. Crypto.com Coin attempted to recover from its recent...Read More
The altcoin markets appeared ambivalent in the short-term, at press time, after registering a sharp drop followed by moderate recovery on the charts. XRP held steady over a level of support and its recent pullback was not enough to change the bullish outlook for XRP on the longer timeframe. Zcash sent some mixed signals while...Read More
The Crypto Fear and Greed Index noted a value of 91, at press time, having climbed to a value of 94 just two days ago. Buy the fear, sell the greed is a trader’s mantra, but FOMO can be overwhelming if BTC does climb over $20k. Further down the crypto-ladder, Polkadot and EOS approached a...Read More
The world’s premier privacy coin, Monero appeared to break out of a short-term downtrend and could be set to move toward its resistance around the $127-level, provided it can defend an important level of support at $115 if the bears gain some traction over the next few hours. Further down the crypto-ladder, Basic Attention Token...Read More
Despite Bitcoin’s share of the market holding steady over the last few weeks, the world’s largest cryptocurrency’s price movement, owing to high correlation stats, continues to exert a lot of influence on the movement of other cryptos. The same was highlighted by the price performances of Tezos and STEEM. However, the same wasn’t evident when...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
Bitcoin surged to $13,950 at the time of writing. There was no overhead resistance for Bitcoin past $14k, till ATH near $20k. While this euphoric development, there is a possibility that BTC experiences a correction in the coming days. Source: CoinStats Ethereum Classic was trending lower in the short-term but still exhibited good interest from...Read More
A pullback from the red zone for Crytpto.com Coin (CRO) and Tezos suggested that a strong reversal cannot be ruled out for the two alts, as they attempted to retrace gains from the previous week. While technical indicators for the Tezos and CRO market underlined bullish sentiments, a strong descent to the downside was visible...Read More
Tron rose above a descending trendline on its charts, but it would need to register further gains before the bulls can wrest control of the market from the bears. Cosmos was retracing its recent gains and appeared to be headed towards the $5-level once more. Finally, Crypto.com Coin could not find significant buyers after registering...Read More
As the world’s largest and most dominant cryptocurrency, Bitcoin obviously shares high correlation stats with many of the market’s altcoins. However, while this may be the case, such a correlation isn’t always consistent or even uniform. The same was evidenced when looking at the price charts for Monero, Synthetix, and Crypto.com Coin, with each of...Read More
After witnessing a brief sell-off period just two days back, the privacy coin Monero regained its bullishness. The presence of bearish sentiment was confirmed by the moving averages for Crypto.com Coin, with the digital asset falling back to its June 2019 lows. Given Synthetix’s persistent downtrend and a clear bearish outlook, the SNX market was likely...Read More
Crypto.com Coin was already in a strong wave of selling pressure before Bitcoin’s recent break toward $12,000 further pulled capital out of the altcoin market. At press time the king coin was trading at $11,766 with a 24-hour trading volume of $132.6 billion. Source: CoinStats FTX Token faced a critical resistance it has been unable...Read More
Bitcoin SV has noted quite a lot of volatility in its valuation over the past few weeks. Although it failed to note a trend in the short-term, it might be forced lower on the charts in the coming weeks, unless the bulls stepped in. Augur was trading within a price range, but might be able...Read More
Crypto.com Coin displayed a possibility of sideways consolidation on its trading charts, indicating a slight drop in selling pressure. Marked by stiff resistance and downward price action, the Synthetix market is unlikely to witness any immediate price recovery. Dash too noted short term bearishness at press time, could soon dive back down to its support level....Read More
Corrections seemed to be the norm across the board, at the time of writing, after most of the market’s altcoins depreciated on the charts as Bitcoin consolidated its own position. While the likes of Tezos, IOTA, and Crypto.com Coin did climb on the back of Bitcoin’s movement, these alts were soon on their way down...Read More
During the second week of October in response to Bitcoin’s negative momentum the altcoin market witnessed a downfall yet again. The same bearishness was visible on the daily charts of Crypto.com coin as it lost nearly 10% in the last two days. Tezos and Digibyte too recorded mounting selling pressure, with the two digital assets at the...Read More
The Crypto Fear and Greed Index stood at 55 on a day when Bitcoin bulls were attempting to push its price past $11,400. XRP showed signs of bullishness on the chart too, and interest from buyers in the crypto-asset could rise over the coming days as it also appeared to be on the verge of...Read More
Despite Bitcoin losing significant market share over the past six months, the world’s largest cryptocurrency continues to share a high correlation with the market’s altcoins. The same was evident when many of these altcoins fell on the back of Bitcoin’s own depreciation over the course of 1-2 October, with the likes of IOTA and CRO...Read More
The fear in the crypto space spiked in tandem with a drop in the stock market. Crypto Fear and Greed Index was at 43, compared to the previous day’s 47. However, Bitcoin’s outlook remained healthy in the long run. Crypto.com Coin’s charts suggested no change in its bearish outlook, nor did Stellar Lumens. Algorand formed...Read More
