Monero had been trading within a range over the past month, but it appeared to have initiated a recent downtrend on the charts. On the contrary, while Waves was on an uptrend that could be set to continue over the coming days, Compound‘s bulls were engaged in a skirmish to flip a level of resistance...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
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
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Cardano registered a drop of 12+%, as of 7 November. Since then, the cryptocurrency’s price has recuperated by more than 50% of this drop. In fact, at the time of writing, ADA was trading...Read More
The Crypto Fear and Greed Index noted a figure of 82, compared to the previous day’s 88. Bullish sentiment was strong for Bitcoin and Ethereum, and by extension, many alts in the market managed to register gains as well. Stellar Lumens was one of the many crypto-assets that appeared to have initiated an uptrend, while...Read More
Disclaimer: The findings of the following analysis are the sole opinion of the writer and should not be taken as investment advice Bitcoin’s dramatic surge to ~$16,000 was a good run, however, the fuel seemed to have exhausted itself, with the market’s bulls now running on fumes. At press time, BTC was trading at $15,142, $800...Read More
Bitcoin’s dominance, at the time of writing, was noted to be 64.92, with the figure relatively unchanged over the past 24-hours as Bitcoin and the rest of the market noted losses after a period of strong movement. Algorand and Enjin had some way to go before they could reverse their long-term trend, but they were...Read More
Alongside Bitcoin, many other crypto-assets noted a correction to their recent surges. Bitcoin SV dropped to its level of support while Maker traded within a range over the past week. Finally, Augur attempted to initiate an uptrend after experiencing a period of accumulation throughout the month of October. Bitcoin SV [BSV] Source: BSV/USDT on TradingView...Read More
Bitcoin‘s price dropped from $15,600 to $14,310, with the cryptocurrency, at press time, trading at $14,992. This corrective move for BTC saw a volatility spike in the altcoin markets as well. While EOS and NEM noted minor pullbacks after a surge in price, Zcash was trading under an important level that could decide the direction...Read More
Bitcoin was trading at $15,550 and came close to the $16K price level for a very brief while and many coins that saw losses recently rose on the charts. Bitcoin Cash and Cosmos showed bullish divergences and posted strong gains as the altcoin market received positive impetus from buyers. VeChain also surged past levels of...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
The past few days saw increased price activity for most cryptocurrencies triggered by Bitcoin’s price rally past the key $15K level. This positive price momentum has translated well for key altcoins like Bitcoin SV, EOS, and Algorand. During the course of the past 48-hours coins like Algorand surged by up to 27 percent on the...Read More
Bitcoin Dominance dropped from 66.5 to 64.6 at press time. A falling BTC dominance combined with many large and medium-cap crypto-assets posting good gains suggested that the altcoin market could be headed further upward. Cardano was in the overbought territory and possibly due for a minor pullback, while Tezos and Basic Attention Token approached important...Read More
The altcoin market has rallied on the tailcoat of Bitcoin’s price gains during the course of the past few days. At press time Bitcoin is being traded at $15,435 with a 24-hour trading volume of $21.8 billion. Source: CoinStats Altcoins like Chainlink, Ontology, and Ethereum Classic surged by up to 31 percent in the past...Read More
The interest and development of the crypto mining businesses have taken off in the past couple of years. While mining is a major functionality for assets such as Bitcoin, Ethereum, etc, it is often difficult to set up your own mining unit. Hence, mining firms have become popular amongst interested investors but making profits out...Read More
The Crypto Fear and Greed Index stood at 88, after yesterday’s 90. For context, this index showed 83 and 79 on consecutive days and dropped to 40 in September when BTC dropped from near $12,000 to $9700. Ethereum was strongly bullish both technically and fundamentally and could post further gains after a minor pullback. Monero...Read More
Ethereum formed a local bottom at $375. Bitcoin was rising past $14,000 alongside Bitcoin Dominance, triggering fear that altcoins would continue to bleed. But news of ETH 2.0 saw the crypto-asset surge to $460 and dragged the rest of the market alongside. Polkadot and Tron surged past levels of resistance as bulls flooded into their...Read More
The current market can be described as volatile and a race to join the bullish market for many altcoins. The altcoin market appeared to be largely unaffected by the massive rally in the Bitcoin market. At press time Bitcoin was being traded at $15,503 with a 24-hour trading volume of $35.4 billion. Source: CoinStats Most...Read More
The rally is on and the crypto community awaits most altcoins to join the rally with Bitcoin. Currently, most alts have been lagging and witnessing bearish sentiment. However, given the correlation with the largest asset, the alt season may not be far away. Some alts have already started to realign themselves for a bullish turn...Read More
Bitcoin Cash has been preparing for a hard fork which may result in the formation of a new token. However, unlike Bitcoin, the BCH market had been moving downwards. This was something visible across most alts, as BTC value grew stronger, the same was not mirrored by the alts, as most of them remained under...Read More
The altcoins have received a new lease on life, as the price of Bitcoin has surpassed $15k. This price has not been seen after the bull run observed in 2017/18, and as the largest asset tests new resistances, the altcoin market has also been marching. XRP Source: XRP/USD on TradingView The above one hour chart...Read More
After cryptocurrencies became globally popular following Bitcoin’s massive bull run in 2017, various businesses have emerged from that industry in order to make capital. While most ventures have been towards developing or launching a crypto exchange, many have taken the path of crypto mining. Mining is an essential function for certain cryptocurrency such as Bitcoin...Read More
Bitcoin Cash is leading in the monthly returns category with a 5.99% surge, following it is FTX’s FTT with a -5.16% while ONT has suffered a lot with 34.54% drop since October 1. Let’s take a look at how these coins might perform in November. Bitcoin Cash [BCH] Source: BCHUSD TradingView The 4-hour chart showed...Read More
XRP, Dash, and Compound have all had a bad last month. XRP is down the least -2.94% while Dash is down -2.28% and Compound by -29.17%. This is obvious considering bitcoin’s stellar performance in the month of October, which has even outpaced the likes of FAANGs. XRP Source: XRPUSD TradingView XRP is still the fourth-largest...Read More
Out of Ethereum, Tezos, and Maker, only the king of altcoins has positive performance in the last month. ETH has seen a surge of 14.34% while XTZ and MKR are -15.76% and 8.49%. Let’s take a look at these coins individually and if they are bullish or bearish. Ethereum [ETH] Source: ETHUSD TradingView Ethereum 2.0...Read More
Despite the difficult COVID-19 realities and closed borders, the Forum was attended by 3000+ participants. Global industry leaders, entrepreneurs, investors, and startups have come together to discuss current trends and determine the development of the industry for the coming years. At the forum, dozens of contracts were signed between companies, investors, and funds. The key...Read More
The Crypto Fear and Greed Index actually showed a rise from 71 to 74 on the previous day as the US Presidential Election continued to progress with a winner not yet officially announced. Markets hate uncertainty, yet the bullish sentiment appeared stronger. On the charts, Chainlink continued to trend lower as it nestled above a...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
While Bitcoin is currently rallying towards a position above $14,000, the rest of the altcoins are struggling to find their bullish groove. Source: CoinStats With most altcoin depreciating over the past 24-hours, the market structure for Crypto.com Coin, Tezos, and Algorand was no different. Facing strong resistance right above their price range, the short-term analysis...Read More
Bitcoin reached as high as $14,049 in the past 24 hours and was trading at $13,807 at press time. Bitcoin’s hold above $13,700 could inspire confidence and perhaps even FOMO among investors in the coming days, especially if the coin moves past $14,000 with strength. This bullish sentiment did not extend to most other large-cap...Read More
