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
With Bitcoin’s price undergoing a slight correction on the charts, many of the market’s altcoins were reading red, at the time of writing. In fact, popular altcoins like Chainlink, Cosmos, and Dash saw their prices fall by up to 16 percent in the past 24-hours alone. Chainlink [LINK] Source: LINK/USD, TradingView Chainlink’s performance over the...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s market has been trending lower over the past few days and in light of its correlation with the rest of the market, the altcoin market is dipping too. Ethereum, the world’s second-largest...Read More
Among the likes of Litecoin, Steem, and Zcash, LTC seemed to be the only alt holding up as its 2-month returns stood at a staggering 126% at press time, while the rest were in negative territory. With the alt season on its way, these altcoins might see some positive changes in their price soon and...Read More
Altcoins Bitcoin SV, Ontology, and Compound were trading in the red at press time, unable to sustain recent levels that were set after Bitcoin’s momentous $23K price breach. Bitcoin SV [BSV] Source: BSV/USD, TradingView So far, December has been a rough month for Bitcoin SV as it has been unable to sustain the level it...Read More
Inspired by Bitcoin’s recent price surge, altcoins Monero and Algorand shot higher along with the broader market, while Stellar went against the trend and registered a decline in price. Stellar Lumens [XLM] Source: XLM/USD, TradingView Unable to sustain the upward momentum set by Bitcoin’s price, Stellar has seen a volatile month of December. Last week...Read More
Leading global cryptocurrency exchanges and service providers with trillions of dollars in transactions over the past year and more than 2.3 million users adopt the FIO Protocol to improve the user experience. The Foundation for Interwallet Operability (FIO) has today announced that leading cryptocurrency exchange Changelly, centralized crypto-to-fiat exchange WhiteBIT, digital currency self-custodian Trustee Wallet...Read More
The altcoin market took a bit of a beating over the past few hours as many large-cap coins turned red on the charts. Bitcoin Dominance rose to show 68.68% at the time of writing, Ethereum saw a rejection at $640 in recent hours and was likely to test the $583 level of support. Zcash was headed...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
Bitcoin rose above $23,000 once more but the altcoin market posted losses over the same time period. At press time, the king coin was being traded at $23,561 with a 24-hour trading volume of $26.9 billion. Source: CoinStats Chainlink bounced off a level of support but bears were determined to drive the prices further down....Read More
Binance Coin lost some of its recent gains, and despite the bearish strength, bulls have a hope of defending the $30 level. The same could not be said for IOTA as it appeared likely to drop to an imminent level of support. Algorand reversed directions a few days ago and could retrace all the gains...Read More
Cardano had a long-term bullish outlook as it traded above the mid-range after establishing and sweeping key highs and lows. Yet its short-term momentum was bearish, and a retest of the $0.149 support was likely. Monero dropped beneath a level of support and could head as low as $140 before the bulls step in. Basic...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
Polkadot bounced off the $4.8 support to reach $5 but bears still appear to have the upper hand in the short-term. EOS was set to retrace all its recent gains due to heavy selling over the past couple of days. VeChain broke to the downside of an ascending triangle pattern and could post further losses...Read More
The previous day’s Bitcoin drop affected the altcoin market significantly. Bitcoin Cash posted losses of nearly 15%, but bulls had some hope, as long as the price remained above $300. Tron was likely to climb a little higher up the charts to test a level of resistance before another move downward. Cosmos was trading at...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
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice EOS, at the time of writing, was the 14th largest cryptocurrency in terms of market cap. It was once the most valuable ICO and an Ethereum competitor, however, with the way things have been,...Read More
Binance Coin climbed to a local high of $35.69 and it could be set to retrace some of its gains on the charts. Augur registered a massive spike to the upside a few days back, one that was pushed down, and subsequently, it was forced to retrace some gains before initiating another move upwards. Verge...Read More
Bityard, a fairly new crypto exchange, currently focuses primarily on crypto asset trading. According to the developers, Bityard is under the regulations of The Accounting and Corporate Regulatory Authority of the Singapore government and is officially recognized as a Money Services Business or MSB in the USA. The crypto exchange is also accredited by 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
Litecoin shot upwards and sailed past the $100-level of resistance while Waves faced strong selling pressure and ceded a level of support to the market’s bears after it lost nearly 18% of its value within a span of five days. Finally, FTX Token exhibited a bearish divergence on the charts and it could see a...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice With Bitcoin SV, the trend has been neither bullish nor bearish over the past few weeks. Whenever the market has rallied higher, its range limits have been $200-$220, while a decline would allow the...Read More
Bitcoin’s dominance continued to rise and stood at 67.13%, at the time of writing. While some large-cap altcoins stagnated, others surged on the charts. Bitcoin Cash posted strong gains over the past few days and some consolidation around $374 could be seen too. Cosmos bounced off the $5-level and was likely to bump into the...Read More
Tron dipped as far south as $0.027 two weeks ago, but it has recovered since after posting steady gains as the market’s bulls reclaimed the important $0.03-level from the market’s bears. Aave faced a ceiling around the $94-mark and VeChain formed an ascending triangle pattern that could see a bullish breakout. Tron [TRX] Source: TRX/USDT...Read More
Disclaimer: The findings of the following analysis are the sole opinion of the writer and should not be taken as investment advice Litecoin supporters still value it, which is the only reason it is still around. Apart from being considered as the silver to Bitcoin’s gold and having cheaper, faster transactions, it doesn’t seem to be...Read More
Monero traded within a range over the past week and while it lacked momentum in the short-term, its long-term outlook remained strongly bullish. Polkadot formed a bullish reversal pattern, one that could break out to see the price move towards $5.8, while Compound treaded water above the $152-support level to denote a phase of consolidation....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 has seen a good surge since September began. In fact, the price surge has been more than a hyperbole since 12 December. Although not surprising, this surge could be something to be wary...Read More
Bitcoin SV rocketed past a crucial retracement level, but it recorded some underwhelming trading volume when doing so. Basic Attention Token was on a strong uptrend, one that could take it past the $0.27-resistance level in the coming days, while OKB noted a possible lack of buyers’ conviction, despite its recent gains. Bitcoin SV [BSV]...Read More
Stellar Lumens was in a consolidation phase after its strong performance in November. In the short-term, it lacked any momentum and the $0.172-level of support can be expected to hold. Synthetix’s charts noted a bearish divergence, but the bulls could be back in control after a minor dip. Nano retraced some gains from late-November and...Read More
The altcoin market did not move as a unit. In fact, while some large-cap coins such as Litecoin saw huge gains and EOS, NEM registered strong performances across the board, Zcash underlined short-term bearishness. EOS Source: EOS/USDT on TradingView EOS formed a falling wedge, one that broke out above the $3-level of resistance, and at the...Read More
