Litecoin was quite bullish on the charts. The $190 region offered some resistance, but longer-term momentum is on the side of the bulls and demand is likely to drive the prices higher. Litecoin 12-hour chart Source: LTC/USD on TradingView Litecoin swept past the range highs but faced some selling pressure in the $192 region. Undeterred,...Read More
Cardano highlighted an area at $0.86 to defend over the next few hours before it could make an attempt at $1 once more. Tezos climbed toward $4.25 and had the momentum to break past, while rejection would see it revisit $4. VeChain surged past $0.038 and targeted $0.046. Cardano [ADA] Source: ADA/USDT on TradingView Although...Read More
XRP climbed back above the $0.52 mark after retracing the gains made on its recent surge to $0.75. Cosmos rose above $20 but faced some selling pressure near $22 while Dogecoin succumbed to short-term bearish pressure. XRP Source: XRP/USD on TradingView After reaching a local high at $0.75, XRP was forced back to $0.4 hours...Read More
Ethereum found support at $1700 and rose higher with $2000 as its target. Aave threatened to drop toward $480 in the coming days, and Monero shot past the $200 mark with $220 the next level of resistance for the bulls to test. Ethereum [ETH] Source: ETH/USD on TradingView Ether broke out of an ascending triangle...Read More
Tezos surged above the $4 mark and went past the previous all-time high at $4.44, which Tezos registered on August 13, 2020. Since registering an ATH back in 2020, XTZ had sunk into a downtrend that lasted well into November, where it found its bottom at $1.79. In December, Tezos attempted to climb past $2.4...Read More
Cardano had shown a bull flag pattern on the shorter timeframes and broken out, but reversed before nearing its projected target. VeChain attempted repeatedly to climb above $0.03, and Algorand was making extraordinary gains. Cardano [ADA] Source: ADA/USDT on TradingView The bull flag projected a target of $0.75 for ADA, with the highlighted region expected...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum formed an ascending triangle pattern on the charts but faced some resistance at the $1760 mark. While high gas fees are a blow to decentralized exchanges, they could also persuade users to turn...Read More
Chainlink found stubborn resistance in the $24.8-$25.8 region. Aave was forced to pullback at $540 but approached it with bullish momentum once more while Elrond shot upwards on the charts without enduring a price correction. Chainlink [LINK] Source: LINK/USD on TradingView Chainlink faced a region of supply at $24.8-$25.8. LINK briefly move above $26 but...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
Binance Coin reversed its dip and looked set on retesting $75.5 once more. Cosmos showed the beginning of a bearish divergence as it climbed toward its target of $15.84, and Dogecoin showed a buy signal as it rose toward $0.08 once more. Binance Coin [BNB] Source: BNB/USDT on TradingView On the 1-hour chart, BNB formed...Read More
Polkadot broke out past a range it was trading in over the past few weeks and targeted the $23.6 mark. Synthetix dipped to find support at $16.6 and climbed higher, while Uniswap showed a bearish divergence across multiple timeframes after its strong performance since November. Polkadot [DOT] Source: DOT/USDT on TradingView Polkadot was trading within...Read More
Ethereum surged past the $1450 level of resistance that held it back over the past few weeks and looked strongly bullish on the charts. Elrond regained some steam to push onward and climb higher while Dash sought to defend an important level of support from short-term selling pressure. Ethereum [ETH] Source: ETH/USD on TradingView Ethereum...Read More
Polkadot traded within a range and showed short-term bearish pressure while Synthetix closed beneath a bearish reversal pattern. VeChain was headed toward the $0.0221 level of support as bearish momentum took hold. Polkadot [DOT] Source: DOT/USDT on TradingView Polkadot continued to trade within the range from $14.95 to $18.25. A brief foray above the range...Read More
Cardano was trading within a range from $0.32 to $0.38 and showed signs of being in a consolidation phase. SushiSwap was bullish on the charts and likely to go past $10, while IOTA found support at the $0.39 mark but lacked interest from buyers to attempt another move past $0.45. Cardano [ADA] Source: ADA/USDT on...Read More
Ethereum was consolidating under its all-time high and traders eagerly anticipated a breakout past this final level of resistance. Aave showed bullish momentum and could post further gains past $300, and does not yet hint at a pullback on its rally. Dogecoin sent users into a rapture, apart from those who bought the absolute top....Read More
XRP formed a bullish reversal pattern and was set to test the $0.3 level of resistance over the next few days. Tron showed bullish momentum as the recent spate of selling appeared to have ended. Synthetix surged to $17.7 from $14 and could reach $20 in the coming days. XRP Source: XRP/USD on TradingView XRP...Read More
With Ethereum’s price retesting its ATH levels, it is time to either blast-off or crash for the coin. Regardless of what happens, ETH seems to be setting itself up to come out on the top for a new leg of the rally. As bulls recuperate their momentum, it is a ‘make or break’ moment for...Read More
Chainlink surged past $24 but displayed bearish divergence, which could see LINK pullback to around $22. Monero struggled to recover from the past few weeks’ selling pressure while Ethereum Classic rose toward the $8 level of resistance once more. Chainlink [LINK] Source: LINK/USD on TradingView LINK breached its previous ATH at $20 two weeks ago...Read More
The bitcoin price surge up to $40,000 was exponential and a sight to behold. The 2020 returns of BTC stand at a staggering 300% and the same can be seen with MicroStrategy’s stock price, which began Bitcoin investments in early August. Suffice to say, institutional investors who bought in before $20,000 are in massive profits...Read More
Polkadot broke out of a range and moved lower to retest the range highs, projecting an upside target of $21 should the $18.2 region hold steady. IOTA was in a period of consolidation, and Aave showed strong bullish momentum as it surged to a high of $280 before facing some selling pressure. Polkadot [DOT] Source:...Read More
Cardano recovered from its drop to $0.285 and entered a phase of consolidation over the past few days. Cosmos formed a bullish triangle pattern but in the coming days was likely to see a drop to $7.15, should the $8 support not hold and SushiSwap had strong bullish momentum behind it as it targeted the...Read More
Ethereum price hit a new ATH of $1476 on Monday after recently testing the previous ATH a few days ago. While ETH’s resurgence is bullish in the short-term it is yet to determine how the long-term outlook will evolve. At press time, there are conflicting long-term outlooks but the short-term scenario seems bearish for the...Read More
Ethereum broke its ATH and showed signs of bullishness as it projected a target of $1632 to achieve over the next week. Tezos was in an uptrend but faced some resistance above the $3 region and Uniswap surged to $12.5 but could witness a pullback. Ethereum [ETH] Source: ETH/USD on TradingView For the move from...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice Litecoin has traded within a range since late December and approached the mid-point of the range. Technical indicators showed that the momentum has not quite flipped bullish for LTC, meaning that the reaction of...Read More
XRP formed a bullish reversal pattern in the short-term but did not confirm a move to the upside yet. VeChain failed to reclaim the channel it was trading in and a rejection at the upper level opened the door for a possible drop. Ethereum Classic showed short-term strength from sellers but defended a level of...Read More
Polkadot was rejected at range highs as the price made a weak attempt to break above, and was headed toward the $16.5 price level. Continuation of the downtrend of the past two weeks can not yet be ruled out for Dash as it bounced off a level of support, while Uniswap was in a strong...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Stellar Lumens had neutral momentum in the market over the past two days, and only in the last few hours did the coin see a shift in momentum in favor of the bulls. This...Read More
Ethereum rose above $1250 and was trading at $1326 with the likelihood of testing $1440 on the back of demand from buyers. Aave continued to surge and targeted $260, and Algorand broke above an important region of supply and looked to flip that region into one of demand. Ethereum [ETH] Source: ETH/USD on TradingView ETH...Read More
Bitcoin Cash, Synthetix, and Algorand posted losses over the past few hours as Bitcoin saw a wave of selling pressure. The defense of $32,000 for Bitcoin, or the lack of defense, would have a major impact on the altcoin market as well. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView BCH formed a descending triangle pattern...Read More
Polkadot price was showing good buying pressure even though it hit a new ATH at $19.5. The price consolidated for almost 3 days before it proceeded to surge a whopping 18.86% in a single 4-hour candle. However, this surge was put to a halt as Bitcoin began falling on the charts. As a result, Polkadot’s...Read More
