Litecoin was under short-term bearish pressure and was likely to head toward the $135 level of support over the next few hours. Dash was on the verge of losing $113 as a level of support as it saw a wave of selling pressure rise and FTX Token showed a dip in buying volume, even as...Read More
Binance Coin like every other altcoin is undergoing a correction that has caused a drop of 14% in 48 hours. By the looks of it, this drop will continue, at least until Bitcoin stops crashing. However, Bitcoin whales are depositing their holdings on exchanges suggesting that the whales might not stop anytime soon. Hence, BNB...Read More
Bitcoin price crashed by around 7.7% as of Thursday after experiencing a similar crash of 9.5% the day before. Unlike yesterday, today’s crash seems to be whales dumping their holdings and this is happening on Coinbase. Bitcoin price crash: What caused it? Source: CryptoQuant Bitcoin whales have begun depositing their holdings on to exchanges since...Read More
XRP tested the $0.3 level of resistance repeatedly, and flipping this level of resistance to support would be a significant development for the bulls. EOS showed neutral short-term momentum as it traded above a level of support. IOTA climbed past $0.45 and targeted the $0.54 level of resistance. XRP Source: XRP/USD on TradingView XRP has...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The past week has seen Cardano trade between the $0.32 and $0.385 price range. Levels of importance within this range are highlighted and the short-term outlook for the coin appeared to take a turn...Read More
Ethereum reached its two-year highs at $1440 but was unable to push past. Climbing above $1450 would set $1625 as a target for bulls while falling beneath $1290 could see ETH revisit the $1150 support level. On the other hand, Monero showed bearish momentum and was trading just above a crucial level of support while...Read More
Stellar Lumens and Basic Attention Token were trading right beside their range highs. However, Stellar Lumens struggled to break past the resistance while BAT already has, and looked to surge higher. Aave made strong gains over the past week, and some levels of support are highlighted if it retraces some of those gains. Stellar Lumens...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 performed quite well in December, and at the time of writing, it was trading at $140, which is a 100% increase in comparison to the $70 low it registered the previous month....Read More
Bitcoin SV showed weakly bearish momentum over the past few days, but that might be set to reverse shortly. Maker was in a phase of consolidation, and Dash showed some weak bearish pressure that could gradually push the price toward $116. Bitcoin SV [BSV] Source: BSV/USDT on TradingView Bitcoin SV’s charts resembled Bitcoin’s own price...Read More
Cardano’s price has surged by a massive 133% in the last 15 days and the rally shows signs of more upward movement. Trading at $0.378 ADA is ranked the sixth-largest cryptocurrency in the world in terms of market cap. The cryptocurrency has witnessed a reduced volatility phase leading to fairly stagnant price movement. Due to...Read More
SushiSwap is a popular DEX in the DeFi ecosystem and the platform has come a long way and shows promise considering the on-going developments in the space, partnerships it has been a part of, etc. However, when comparing SushiSwap to Uniswap, it seems like a flippening is in the works and is inevitable. Volume Source:...Read More
Bitcoin price seems ready for a drop leading to increased volatility and a revisit of $30,000 or a drop of 10% to 12% cannot be ruled out. Not just one but many indicators point to the bearish drop for bitcoin in the near term. Bitcoin on-chain indicator The SOPR indicator is a classic on-chain indicator...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
Ethereum headed lower to a level of support at $1150, and if bulls are unable to defend this level, ETH could be headed to the $1000 region. Monero has been slipping lower on the charts over the past week, while DigiByte formed a descending triangle pattern and was poised for a breakout. Ethereum [ETH] Source:...Read More
Setting a new all-time high seems to be in fashion for many cryptocurrencies. Binance Coin joined the growing list as it rose past $47 in the early hours of Jan 18. However, after having breached the $47 level the coin experienced a pullback and was trading close to $46 at press time. Source: BNB/USD, TradingView...Read More
Cardano flipped the $0.32 to support and showed that it was on the verge of breaking past $0.385 resistance as it neared its 2-year highs. Cosmos posted rapid gains over the past few days and was retracing some of those gains. Basic Attention Token was rejected once more at a level of resistance that has...Read More
Polkadot showed bearish divergence, and while a pullback isn’t mandated, some regions of support can offer good buying opportunities. Ontology was bullish on the charts and was likely to flip the $0.68 level to support, and FTX Token was unable to break past the $9.8 region over the past few days. Polkadot [DOT] Source: DOT/USDT...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
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
XRP was unable to breach the $0.3 level of resistance as it traded in the $0.28 region, even as announcements of it being delisted from popular exchanges rolled in. Tron flipped a level of resistance to support but did not possess strong upside momentum, and Dogecoin was quiet on the charts as well. XRP Source:...Read More
Bitcoin Cash reclaimed an important region of demand following its drop to $400 and was on its way to recovery toward $600. EOS formed a bullish pattern, a breakout from which it would target the $3 level of resistance. Algorand indicated neutral short-term momentum and only a climb above $0.45 would point toward the likelihood...Read More
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice Alongside the rest of the market, Litecoin was rocked hard by the “crash” of Bitcoin from $40k to $30k. This was more of a healthy market correction than a crash, and the large-cap cryptocurrencies...Read More
The Chainlink price saw considerable upward momentum until January 10 and has been on a retracement ever since. However, the retracement phase might be over as LINK’s price shows promise of a surge that could push its price by 20% and beyond in the upcoming future. At press time, Chainlink’s price is trading $15.89 and...Read More
Bitcoin has most certainly garnered mainstream attention and this time it is in a good way. More than that, BTC’s adoption has soared through the roof, especially due to the largescale entry of institutional funds. BTC enthusiasts have always used “Bitcoin is better than gold” as a sales pitch but now, institutions have too. Sharing...Read More
Cardano recovered strongly from the bearish double-top pattern it formed a few days back. Tron lost nearly all the gains of the previous week within a span of 24 hours and labored to recover while VeChain had a more bullish outlook and momentum began to shift in favor of the bulls. Cardano [ADA] Source: ADA/USDT...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
Ethereum was trading within a range but the momentum to the downside appears to have abated, and the next few days may see ETH test the local high once more. Dash formed a bearish reversal pattern but an ensuing slide can be halted at imminent levels of support, while Dogecoin fell by 30% and could...Read More
Bitcoin’s price surge in the last 3 to 4 months has been exponential without a doubt. However, it is relatively less exponential when compared to the 2017 bull run. The 2017 bull run saw a 228% surge in 34 days while the current bull run has seen a 125% surge in 27 days. BTCUSD TradingView...Read More
Bitcoin price is currently facing a correction that has caused the crypto asset to drop a whopping 20% in the past 24 to 48 hours. This drop has caused liquidation worth more than $2 billion. At press time, bitcoin is testing the support at $33,900 while also being in a state of limbo. Bitcoin 4-hour...Read More
Bitcoin Cash fell by 20% over the past 24 hours but the selling volume was not as great as the buying volume that drove the rally, which is bullish for BCH in the long-term. Tron showed the likelihood of facing stiff resistance at $0.03 and was poised to lose another level of support. Algorand could...Read More
