It’s been a good few days for the crypto-market, with its price fortunes given an impetus a few days ago by the news of Tesla’s $1.5 billion purchase of Bitcoins. Following the same, the world’s largest cryptocurrency pumped on the charts, and thanks to BTC’s correlation with the rest of the market, the altcoin market...Read More
Monero rose north of the 200-SMA on the price charts and projected a bullish trend, but stronger cues were needed to support a move above its most recent local high. IOTA and DCR flashed bearish signals at the time of writing, with both expected to move lower towards their respective support levels in the short-term....Read More
The bull market is beginning and most altcoins broke past levels of resistance that had countered their rise in the past. Litecoin was trading within a range and looked likely to drop beneath $150, while FTX Token and Decred were bullish on the price charts. Litecoin [LTC] Source: LTC/USD on TradingView The longer-term range for...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
Chainlink traded at the mid-point of its immediate resistance and support but flashed bearish signals at press time. Synthetix scaled past another record level as the bullish cycle was projected to last for a few more sessions. Decred cut its losses at $61.5 support and eyed a move back towards its present resistance mark. Chainlink...Read More
At the time of writing, Bitcoin was back at square one trading within the $32,000-$34,000 range, after the Elon Musk-inspired hike exhausted itself. What effect did BTC’s short-lived performance have on the rest of the altcoin market? Well, a few alts followed BTC’s lead, while a few others continued to consolidate on the charts. On...Read More
Bitcoin Cash bounced between the $450 and $520 regions as neither buyers nor sellers were able to assert their dominance in the market. Zcash faced some short-term bearishness as it headed toward the $100 region of support, while Decred shrugged off last week’s drop and looked likely to flip the $60 level to support. Bitcoin...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
Bitcoin SV shrugged off the shackles of $164 and saw a quick move to $180 at press time, with the crypto likely to see further upside. NEM noted steady selling pressure over the past three weeks and could lose the $0.2-level of support, while Decred was bullish on the price charts and could see a...Read More
XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. Polkadot broke out past the $6 level on extraordinary trading volume and reached a high of $7.7 and was likely to retrace some of the gains made. Decred had a bullish...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One EOS registered a short-term hike in buying volume, but it might not be enough to stave off the next wave of bearish pressure. NEM showed short-term bearishness as well and could be forced to test $0.2 as support once more. Decred, on the...Read More
Chainlink fell down to $8.72 on the charts, but it bounced back and it could reclaim the $11.9-level as support. Decred was poised for a breakout towards $40, while Waves saw a lot of selling over the past couple of weeks and it found stiff resistance around the $7.3-region. Chainlink [LINK] Source: LINK/USD on TradingView...Read More
After Bitcoin, the world’s largest cryptocurrency, registered a slight correction in its price, altcoins such as Bitcoin Cash, NEM, and Decred followed suit and fell down the charts too. Bitcoin Cash [BCH] Source: BCH/USD, TradingView Bitcoin Cash’s price registered a lot of volatility in the month of December. At the start of the month, the...Read More
Chainlink registered short-term bearishness and was headed towards its level of support at $12.65 once more. Ontology bounced off the $0.54-level of support while Decred was trading in a region where a break to either direction could decide the direction of the next move for the crypto-asset. Chainlink [LINK] Source: LINK/USD on TradingView LINK broke...Read More
Stellar Lumens was rising to test the level at $0.18 at resistance before retracing more gains from the previous month, where XLM made gains of nearly 200%. Decred was also moving lower on the charts, and it is expected to see a bounce upward at $24.3 support. Waves had a bullish outlook and traded within...Read More
Litecoin pictured a bullish divergence on the charts and bounced strongly off a Fibonacci level of retracement. Cosmos also moved with notable trading volume past a level of resistance and seemed to be heading higher. Finally, Decred formed a double bottom a few days ago and rose to test a region of supply at $24....Read More
The crypto-market’s total capitalization was recorded to be $528 billion, at the time of writing, with the larger market sentiment remaining strongly bullish after the previous day’s sizable gains. Further down the crypto-ladder, Chainlink touched $15 and it could see a minor pullback on the charts while the strong performance of Aave and Decred over...Read More
Bitcoin was trading just under the $16,000-level, having not yet offered a significant pullback for traders and investors to buy as it thundered past the $13k and $14k-levels. Tezos formed a bearish pattern that projected a near 10% loss for the coin in the coming days, while Decred made massive gains recently. Augur also formed...Read More
Bitcoin’s performance over the past few days has had a significant impact on the rest of the crypto-market. While the collective market cap surged, individual tokens on the charts prospered as well. However, this wasn’t the case universally as quite a few cryptocurrencies chose to move in the opposite direction. The cases of Monero, Ethereum...Read More
Bitcoin Cash surged, noted a healthy pullback, and rose above its level of resistance once more in a volatile, yet bullish couple of days for the cryptcourrency. Basic Attention Token struggled to rise above its longer-period moving average and reverse its long-term downtrend, while Decred appeared to have gone parabolic. Bitcoin Cash [BCH] Source: BCH/USDT...Read More
Bitcoin’s dominance rose as high as 64.17%, before dropping to 63.45%, at press time. Bitcoin, the world’s largest cryptocurrency, could be set to move sideways on the charts as it was consolidating its gains. In doing so, over the next month, BTC could breathe some life into bleeding altcoins. EOS dropped beneath a level of...Read More
Bitcoin’s dominance was recorded to be 61.75, at press time, with the index noting a figure of over 60 for a week now. In fact, Bitcoin was also noting some gains on the charts, having risen above the $13,000-level. Monero shared this bullish sentiment and was also noting gains, while Polkadot exhibited a bearish divergence....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
Proving to be one of the market’s top-performing digital assets on the charts, Bitcoin Cash was quick to add over 6% to its value in lieu of the prevailing bull market. Decred too was painted in green, with northbound price momentum in the DCR market likely to push the cryptocurrency towards its immediate resistance level....Read More
Chainlink‘s charts highlighted two important levels that could determine its long-term movement, while on the shorter timeframe, the crypto-asset lacked any momentum. Cosmos‘ buyers showed some interest, but it was unclear if it would be enough to propel ATOM higher. Decred has been volatile lately, but its movement underlined the possibility of gains over the...Read More
Bitcoin surged to $11,498, before it dropped to a local low of $11,235, all within just a few hours. In fact, Bitcoin’s move up saw other crypto-assets in the space climb too, while its brief drop contributed to other assets following its footsteps. Bitcoin SV and Decred have been posting strong gains on their charts recently,...Read More
Tron formed a bearish divergence on the charts, one that could see the price lose a level of support. Polkadot was in a consolidation phase in the near-term, with no breakout initiated at the time of writing. Decred, on the contrary, continued to face steady selling pressure and was set to continue on the same...Read More
Chainlink slipped beneath yet another important level, with the crypto likely to post further losses over the next week or two. Further down the cryptocurrency charts, Polkadot and Decred‘s movements suggested that the bears were continuing to dominate the crypto-market. Chainlink [LINK] Source: LINK/USD on TradingView The Awesome Oscillator registered bearish momentum for LINK. Using...Read More
Bitcoin dropped from $10,550 to $10,350 as BTC moved into exchanges to take advantage of any spikes in price. Binance Coin noted some bullishness as well as the crypto, driven by developments in its ecosystem, surged to breach its previous resistance levels. Further down the charts, Polkadot exhibited bullish signals as well. On the contrary,...Read More
Decred, Binance Coin and Monero were trading near important levels of support. Recovery from the recent drop can take weeks and will be signaled when the assets reclaim levels of resistance they so recently had counted as support. Decred [DCR] Source: DCR/USDT on TradingView Bollinger bands’ mouth was wide, which is to be expected after...Read More
