XRP sustained its northbound move on the charts and traded close to the $0.444 resistance at press time. AAVE remained within its parallel channel, with a breakout unlikely over the coming sessions and IOTA found support at $0.416 and registered some sideways movement. XRP Source: XRP/USD, TradingView XRP maintained its upward trajectory on the charts...Read More
Even though Bitcoin moved closer to the $34,000 level and saw some positive movement on the charts, some altcoins remained cautious and awaited stronger cues for a more definitive move. Such was the case with ETH and TRX, both of which were moving sideways at the time of writing. On the other hand, SUSHI showed...Read More
Litecoin failed to rise above its 200-SMA and traded close to its support at $130. Tron seemed to be under a correction as prices cooled off after touching a local high. Elrond snapped yet another all-time high, but the indicators pointed towards a bearish pullback. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin was unable to break...Read More
At the time of writing, Bitcoin was back at square one trading within the $32,000-$34,000 range, after the Elon Musk-inspired hike exhausted itself. What effect did BTC’s short-lived performance have on the rest of the altcoin market? Well, a few alts followed BTC’s lead, while a few others continued to consolidate on the charts. On...Read More
Thanks to Bitcoin’s dominance and overwhelming market share, most altcoin movements are correlated to the fortunes of the world’s largest cryptocurrency. At press time Bitcoin was trading at $33,739 with a 24-hour trading volume of $82.8 billion. Source: CoinStats However, such correlations aren’t uniform or consistent, with the previous week providing evidence of the same....Read More
Chainlink traded close to the $22.24 support mark and flashed bearish signals at the time of writing. CRO moved below $0.06 support and the indicators suggested that it could topple yet another support level over the coming sessions. On the flip side, IOTA noted some bullish activity and looked to break above $0.51 resistance. Chainlink...Read More
Cardano’s price may have been weakened by capital outflows as the price moved southbound and close to $0.339 support while Dogecoin witnessed strong selling pressure as the price tumbled by over 40% in the past 24 hours. However, VeChain could move within its fixed channel if momentum fails to sway in either direction. Cardano [ADA]...Read More
The last 7 days have been very interesting, to say the least, for the crypto-market. While for most of the week the market seemed destined for more consolidation, Bitcoin bucked the trend after the Musk-driven hike yesterday. While the world’s largest cryptocurrency was back at square one at press time, it should be noted, however,...Read More
Chainlink recovered from the bearish divergence it exhibited a few days ago and rose back above a zone that was one of supply a week ago. Neo struggled to replicate this feat even though it had strong buyer interest behind it. Finally, Enjin retraced some gains from the past month. Chainlink [LINK] Source: LINK/USD on...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Tezos has been largely dormant in the markets since the month of September. While Etheruem’s surge past $1,000 in early January sparked some life into Tezos, it was still not enough for XTZ to...Read More
With Bitcoin continuing to consolidate between the $33,000 and $35,000 price levels at press time, there was a slight lack of bullish momentum in the crypto-market, when compared to previous weeks. However, the trend has not always been uniform across the altcoin market. In fact, over the past 24-hours, popular altcoins like Monero, SNX registered...Read More
Bitcoin’s price, over the past 24 hours, has been on a very topsy-turvy journey, with its sideways movement punctuated only by an unexpected Elon Musk-triggered hike on the charts. On the contrary, most of the market’s altcoins continue to trade in narrow channels. For coins like Tron, Aave, and Crypto.com Coin, such has been the...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin‘s price was forming lower highs on the charts, suggesting the end of an uptrend in the medium-to-long term. However, in this lower high set up, the price formed a bullish pattern. A bounce/close...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 cryptocurrency market is bleeding once again, with the value of Bitcoin steadily depreciating over the last few trading sessions, at press time. Meanwhile, the closely-linked altcoin market has also been highlighting the change...Read More
Bitcoin Cash was trading within a descending channel as the market’s bears slowly forced the prices lower. STEEM saw a surge of about 34%, but retraced most of it within a matter of minutes, while Maker was in a phase of consolidation. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView Bitcoin Cash was trading within a...Read More
Stellar Lumens approached the upper boundary of its range with bullish momentum, but was rejected, and would need to rise above $0.33 to achieve a breakout. Augur formed a triangle pattern and could retest the $17.3-level once more before embarking on a strong move. Finally, VeChain appeared likely to lose a level of support at...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Earlier this month, Bitcoin Cash soared to as high as $600 with a candlewick as far north as $629. Subsequent retracements tested the $400-region, but on the longer timeframe, the $400 and the $460-levels...Read More
The crypto-market’s altcoins tend to follow Bitcoin and when the king coin registers price corrections, it is common to see altcoins also take a slight hit. Such has been the case of late as in the last 24 hours alone, cryptos such as Tezos, BAT, and Decred have endured spells of sideways movement on the...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP was trading at $0.255 with a market cap of $11.6 billion, at press time. After the SEC’s lawsuit, the crypto’s price has remained more grounded than usual. Being unresponsive to this bull run...Read More
How does Apron Network act as a Middleware Platform for dApps developers? While blockchain technology was introduced to the global industry accounted for by Bitcoin’s success and emergence, the application horizon of the technology is much more diverse. Over the past decade, several sectors have dwelled into the blockchain space with the objective of improved...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano‘s price seemed bullish over the medium to longer timeframes. However, switching to a lower timeframe of 1-hour highlighted the opposite. Although ADA was stuck inside a bearish pattern, a bullish breakout can be...Read More
Tron seemed to be trading within a range and could prove to have some short-term bullish momentum if it rises above $0.0296. Algorand defended a region of demand from the market’s sellers, while Compound saw the strength of its uptrend wobble. Tron [TRX] Source: TRX/USDT on TradingView TRX has traded within the range of $0.0272...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 crypto-market has been in a state of consolidation for a while and many altcoin traders are moving to sell their digital assets across the board. Stellar Lumens [XLM] has been in a long,...Read More
EOS found strong support around $2.44, but this level was weakened due to multiple retests and could break over the coming days. Waves registered a short-term downtrend and faced resistance at $6.6, and support at $6. Finally, DASH defended the $94-zone over the past few days as selling pressure continued. EOS Source: EOS/USDT on TradingView...Read More
Polkadot moved below its $16.05-support level, with its indicators highlighting more bearishness for the price over the coming trading sessions. Other altcoins such as Ethereum Classic and Maker moved within fixed channels on their charts and awaited further cues from market leaders BTC and ETH. Polkadot [DOT] Source: DOT/USD, TradingView The world’s fourth-largest cryptocurrency, Polkadot...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink‘s price was highlighting the promise of a surge, one that could range anywhere between 18% to 40% over the next month. This surge will be pivotal to the project’s prospective listing by the...Read More
Binance Coin was trading within a restricted channel and it awaited further direction from the broader market for a breakout. SNX flipped the $17-resistance level, but the indicators suggested that bullish momentum was slowing down. Finally, ZEC moved closer to its 200-SMA and a fall below that level would confirm a bear market trend. Binance...Read More
Gocoworker is a Distributed Autonomous Organisation for Talents, leader in communal work, for sustainable jobs. The first Gocoworker liquidity mining program is going live on both Uniswap and Balancer: to reward ETH-GOCO liquidity providers! Creating partnerships with leading automated market makers is a self-evident strategy due to the common approach towards a distributed world. DeFi protocol...Read More
Australian based company Helio Lending recently announced that it had expanded into San Francisco through a new US office. The company also announced that it had expanded its book of partners to include more crypto loan providers and yield generating platforms. Helio’s value add includes the ability to work with various loan providers at once...Read More
Bitcoin SV remained below its 200-SMA as its prime moved south from the support at $167.7. Neo also mirrored the broader market sentiment as the market’s bears targeted a move below the $21.8-support. Finally, VeChain tested its press time support level, but the market’s bulls could hold on to the $0.028-level over the next few...Read More
