With Bitcoin’s price rising steadily on the charts, altcoins like Litecoin and Dogecoin have followed suit. However, the said movement wasn’t universal, with STEEM bucking this trend and moving lower on the charts. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin’s 4-hour chart highlighted the cryptocurrency’s price surge in the month of December, a surge that saw...Read More
Litecoin mounted a strong defense of the $100 level but was headed lower once more, with $108 being a level bulls would seek to defend. Cosmos bounced feebly off the $4.8 level following a bullish divergence, but bears pushed the prices lower and could flip it to resistance and Dogecoin retraced some of the gains...Read More
Chainlink and Tezos broke out of a descending channel more than a week ago but were unable to sustain the bullish momentum. Tezos even failed to achieve its breakout target as bears steadily drove prices lower, and had the upper hand at the time of writing. Dogecoin saw a strong surge a few days back...Read More
Bitcoin had dropped from $23,980 to $22,900, at the time of writing, with BTC wicking as low as $22,400. On the other hand, XRP was unable to rise past the $0.6-region and faced pressure from sellers, pressure that could see XRP revisit $0.5 once more. IOTA plunged under two of its short-term moving averages, but...Read More
The Bitcoin market reached an all-time high as it went past the $22k price level and due to Bitcoin’s high correlation with altcoins, most major alts such as XRP, Monero, and Dogecoin saw a strong surge in their respective trading price. XRP Source: XRP/USD on TradingView The XRP market had noted high volatility towards the...Read More
Polkadot refused to dip beneath $4.6 and appeared to be on another attempt at recovery as it sailed past $5. Aave could reach the $100 mark in the coming days as it saw a steady wave of buying but was trading within a bearish reversal pattern. Dogecoin was consolidating above a level of support. Source:...Read More
Tezos has recorded losses over the past couple of weeks and it was heading back towards the $2-level of support, at the time of writing. Basic Attention Token was also on a downtrend since early-December and found support at the $0.2-level. Finally, Dogecoin was consolidating at its level of resistance. Tezos [XTZ] Source: XTZ/USD on...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
Bitcoin’s dominance was as high as 63.6% at press time after registering a hike that saw it climb from 61.6% last week. A sustained rise in this metric could spell trouble for the market’s many altcoins. Bitcoin SV‘s bulls attempted to defend the $183-level after breaching it a few hours before press time. Further down...Read More
Bitcoin’s price was quick to record a minor correction after having registered a new ATH a few days ago. Since then, some of the market’s most popular altcoins have had to endure a brief period of price consolidation on the charts. Since the start of December, cryptocurrencies like Litecoin, Cosmos, and Dogecoin have remained stuck...Read More
Bitcoin surged to $19,788 at the time of writing and the ATH was a stone’s throw away for the king of crypto. Cardano exhibited a bearish divergence and dipped almost 4% before the bulls got back in the driving seat. Tron was set to test the level of resistance at $0.0355 in the near-term, while...Read More
Polkadot saw strong gains registered in past weeks and was forced to retrace some of them on the recent move down. The outlook for both DOT and Dogecoin was bullish in the medium to long-term, but they had bearish momentum that could drive the prices lower in the coming hours. Dash could see a consolidation...Read More
With a drop in Bitcoin’s price in the past 48-hours, most of the market’s altcoins have been facing strong corrections. At press time Bitcoin was being traded at $17,058, with a trading volume of $33 billion. Source: CoinStats For popular altcoins like XRP, Monero, Dogecoin this bearish pressure in BTC’s movement has resulted in major...Read More
The Crypto Fear and Greed Index rose to 94 as Bitcoin and altcoins posted further gains over the past eight hours. At press time Bitcoin was being traded at 19,237 with a trading volume of $28.1 billion. Source: CoinStats Polkadot could be headed for a move down after a breakout past $5 recently. EOS and...Read More
Bitcoin touched $19,000 and its surge coincided with a session of losses for many top 50 cryptocurrencies, reinforcing the notion that capital chases a Bitcoin surge and flows out of the altcoin market. Source: CoinStats Polkadot and Dogecoin saw a sizable pullback on the most recent trading session, although their uptrend was unbroken. Monero saw...Read More
Tron and Dogecoin seemed to be registering very similar price actions, at the time of writing. However, it remained to be seen if they would continue to make gains after a pullback. While Cosmos noted a bearish divergence on the charts, its price continued to rise even as buyer interest waned. This, eventually, contributed to...Read More
Bitcoin approached its ATH after years in a bear market. The euphoric sentiment aside, no asset moves upward in a straight line and retracements are part of a healthy uptrend. However, an eventual Bitcoin pullback could hurt the altcoin market in its immediate aftermath. Litecoin approached an important level of resistance on the back of...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
Bitcoin held its ground at the $15,400 level. The king of crypto has not moved in a major way to either side in the past week, and could pave the way for some altcoins to recover. Source: CoinStats Bitcoin SV appeared to be headed for losses as it traded above a region of demand, while...Read More
Crypto Fear and Greed Index stood at 90, the same value as the previous day. Bitcoin Cash and Stellar Lumens saw heightened volatility in the past few days but were able to register good gains in the same time period. Dogecoin also made gains in recent days but its bullish momentum could be weakening. Bitcoin...Read More
Many altcoins registered strong gains in the past few days as their longer-term downward trend appeared to be halted or even reversed in certain cases. XRP faced an important level of resistance, and a close above the level would signal bullish strength. Dogecoin also appeared poised to move above a level of resistance it has...Read More
Bitcoin Dominance was at 64.75, after briefly spiking as high as 64.95 the previous day. The altcoin market saw crypto-assets slide downward more. Bitcoin Cash continued to post losses as it headed down toward a level of support, and bears were in control of the BCH markets. IOTA and Dogecoin were trading above a level...Read More
Bitcoin failed to hold on to $13,700 over the past few hours and slid to $13,400. A deeper correction could be in play as analysts expect a move to $12.7-$12.9k. Altcoin markets took a hit on Bitcoin’s move downward. Bitcoin Cash slipped beneath a level of support. EOS and Dogecoin also plunged and their markets...Read More
The bullish sentiment around the crypto-space was unabated at press time as Bitcoin continued to trade above $13,700, its trading accompanied by strong expectations that institutional investors would continue to arrive. XRP broke beneath a bearish pattern and could test a level of support in the coming days. Cosmos registered some gains recently, but whether...Read More
At the time of writing, Bitcoin Cash witnessed a rise in its selling pressure as the digital asset’s bearishness hinted towards a downward price action for the short-term period. Dogecoin too, was bearish on its trading chart and could break into a horizontal price movement once again as the day progresses. While the Tezos market...Read More
Displaying a bearish scenario Chainlink was seen diving below its short- term period moving averages, on its trading chart. Tezos (XTZ) too continued to remain bearish, with a hint of weakening selling pressure for the XTZ market Dogecoin while maintaining a bearish sentiment over the past few days, reflected a flat price movement on its trading...Read More
Chainlink for long had been consolidating on the charts but has now finally broken into a bearish trend for the day. The digital asset was likely to be bearish in the short-term period. Tezos too was registering a strong bearish momentum, with the digital asset recording nearly 6% in losses for the past three days....Read More
Crypto Fear and Greed Index showed a value of 70 as Bitcoin saw bullishness prevail both on the charts and on social media posts. Litecoin rose past resistance at $58.6 but showed a bearish divergence that could see a minor pullback for the asset. Tron was trading within a range and showed no signs yet...Read More
News of PayPal entering the crypto space was greeted with joy, but cynics were quick to point out that the Bitcoin Network might ultimately lose value if large chunks of BTC were concentrated in the hands of a few entities, although this could be unlikely to occur. At press time, Bitcoin held $13,000 despite a...Read More
Chainlink was recording strong gains on the charts amidst speculation that its rally could be stronger than Bitcoin’s once again, like it was in July. Bitcoin had climbed to $13,300 at press time and it might just head higher, with many other altcoins posting gains too. However, while Waves noted a bearish divergence, Dogecoin continued...Read More
