As Bitcoin closed in on the $37,000-mark, the altcoin market looked to move in alliance with the king coin. Similarly, altcoins like TRX, XEM, and ZEC all flashed green during press time. Although momentum rested with the market’s bulls, indicators on TRX and XEM registered the possibility of a bearish pullback towards their respective support...Read More
Binance Coin and Cosmos touched record levels after a surge in market leaders BTC and ETH‘s charts lifted the broader cryptocurrency market. Further down the crypto-ladder, DASH registered a breakout and was heading towards the $136.38-resistance level. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin cooled off from its all-time high and traded close to...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin SV’s price was stuck in a low volatility zone, with 4-hour candles varying between -3% to +3% returns. While the trend seemed to be continuing, BSV seemed to have retained its bullishness as...Read More
Despite Bitcoin clawing back to regain the $36,000-mark, altcoins such as Monero, Ethereum Classic, and Dogecoin remained cautious and awaited further cues to make a definitive move on the charts. In fact, a bullish scenario could see XMR topple its present resistance and move towards $162.4. ETC showed bullishness, at the time of writing, but...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
XRP moved within a thin channel and a breakout in either direction did not seem likely in the short-term. Tezos retested $2.84 support and eyed an upward move once again on the charts. ALGO’s price touched August 2020 levels, but a reversal seems quite likely given the overall sentiment. XRP Source: XRP/USD, TradingView XRP retested...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
Cryptocurrency trading comes with a fair share of challenges that have discouraged a decent number of investors. This new type of currency is unique to the market, and a large percentage of the world’s population is unaware of how to acquire store, and use digital coins. Investing in this realm can be profitable, but beginners...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
Binance Coin looked to revisit $38.72 as the price failed to hold up above its present resistance. Dash formed a symmetrical triangle on the charts and presented the possibility of a breakout above $135.69 resistance while SNX reversed course and fell by over 12% after hitting record levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance...Read More
Litecoin struggled to break above its current resistance, and sellers pushed prices towards $133.03 support. VeChain retested $0.026 and moved lower as buyers struggled to maintain control of the price while ETC traded within a restricted channel and relied on broader market cues for its path forward. Litecoin [LTC] Source: LTC/USD, TradingView Most of Litecoin’s...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
TRX moved within a fixed channel as momentum rested with neither the market’s bulls nor the bears. Augur looked to claw back to the $21.6-mark, but a boost from market leaders BTC and ETH might be required to make the ascension possible on the charts. Finally, MKR looked to break above $1,563 and targeted 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 Chainlink looked to be strongly bullish on the price charts as it broke past its previous all-time high to touch $22.56. While the market-wide correction on 10 January saw LINK drop from $17 to...Read More
Bitcoin SV exhibited falling volatility and trade volume on the price charts and could be set to consolidate above a level of support at $216. Waves and VeChain, however, appeared primed for a breakout to the upside. Bitcoin SV [BSV] Source: BSV/USDT on TradingView On the 4-hour chart, the Bollinger Bands indicated that while significant...Read More
Altcoins such as Tezos and Algorand were surging on the charts and eyed newer local highs, but the indicators suggested that a reversal could impact the prices soon. DASH projected upside as momentum was looking to shift towards the buyers. However, the extent of bullishness could be determined by the broader market. Tezos [XTZ] Source:...Read More
Cardano bounced back from the $0.29-support level and targeted a break above its press time resistance, while the indicators confirmed the possibility of a bullish outcome. ONT also looked bullish and targeted its November 2020 levels as buyers maintained control. Finally, SNX traded close to its record high, but relied on a broader market trend...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’s [XTZ] market has been seeing strong northbound momentum in the short-term. While a part of this growth could have been a result of Bitcoin’s market rally, the XTZ market seemed to be surging...Read More
Binance Coin appeared to be forming a bullish pattern that wasn’t yet confirmed, but it could see a breakout in the coming days towards the $45-mark. STEEM bounced off a level of support as it rose towards a level of resistance once more. Finally, Compound was making steady gains as it breached $200 and looked...Read More
EOS‘s market noted some bearish presence, with the same likely to push the crypto’s price slightly south towards $2.6. Basic Attention Token appeared to break out of a range backed by significant trading volume, while Dogecoin was in a phase of consolidation and traded sideways on the charts with no strong momentum. EOS Source: EOS/USDT...Read More
Monero slipped from $173 to test the $149-level of support over the past few days and was trading at an important level as the market’s bulls and bears tussled for control of the market. IOTA formed a bullish pattern on the charts and could see a bullish breakout targeting $0.55. Finally, DigiByte noted some early...Read More
Following their January 1st announcement, the Navcoin Core team has made available the final version of the Navcoin Core 6.0 binaries, which includes support for its new private coin xNAV based on their self-developed blsCT cryptographic protocol. The latest release of the privacy-focused cryptocurrency brings improvements to governance, and security, and also allows Navcoin to...Read More
Ethereum’s price was on the verge of registering a new ATH, before a massive correction hit once again. Since then, ETH has been on a recovery run. By and large, however, the past few days have seen mostly sideways movement from the likes of ETH, Maker, and even Dogecoin. Ethereum [ETH] Source: ETH/USD, TradingView Ethereum...Read More
