Litecoin appeared to be consolidating around $150 as it gathered steam to begin another northbound move to test the $180-level of resistance. OMG Network saw a similar scenario on the charts as it surged past $3.1 over the past few days, with the crypto heading towards $4.1. SushiSwap too was bullish on the charts and...Read More
For many of the crypto-market’s altcoins, the past few days have been all about recovering their prices after Bitcoin’s drop on the charts. While some altcoins like Aave managed to register significant hikes over the past 24-48 hours, other cryptos like EOS and Vechain have had to battle spells of sideways movement. EOS Source: EOS/USD,...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 60 hours have been bullish for Bitcoin. The $34k-$34.5k region served as support and saw BTC climb back to touch $40k. However, it was unable to stay there as selling pressure forced...Read More
Bitcoin Cash sought to defend the $495-level of support and appeared likely to see a move to $540 over the next few trading sessions. Loopring saw rejection at a level of resistance and could be headed back to the mid-point of its range, while YFI saw rising demand even as the price dipped to suggest...Read More
Disclaimer: The findings of the following analysis are the sole opinion of the writer and should not be taken as investment advice Cardano‘s ecosystem has been witnessing strong developments of late, with each aimed at making it more self-reliant. With the cryptocurrency ADA rising on the charts, one can argue that the crypto is highlighting its...Read More
Bitcoin made a comeback on the charts over the past 24-hours, with the cryptocurrency trading close to its $38k-level of resistance. This, in turn, positively affected many of the market’s altcoins like Polkadot and Uniswap, with both alts registering hikes of up to 21 percent while DASH endured yet another price correction. Polkadot [DOT] Source:...Read More
Tron faced resistance from a horizontal level, as well as from a Gann fan line, and was likely to see a rejection at the level of resistance. Ethereum Classic dipped towards $7.5, but can defend it and register a northbound move while IOST was poised to surge past a level of resistance following strong bullish...Read More
The price of Litecoin [LTC] was hit hard as the cryptocurrency market fell. The price plunged 27% within three hours from $170 to $124 but managed to recover in the past couple of days. At the time of writing, the coin was trading at $154 and was building higher. This was a trend seen across...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
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
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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
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Tezos, at the time of writing, was trading at $2.40, with XTZ having a market cap of $1.8 billion, making it the 22nd largest cryptocurrency in the world. With XTZ up by 2.1% in...Read More
Cardano entered a consolidation phase as its price refused to lean in either direction, with ADA taking its guidance from market leaders Bitcoin and Ethereum. SNX showed signs that its bullishness was coming to an end, and a move towards the $13.41-support might be a possibility. ATOM was capped at the resistance around $5.97, but...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice EOS‘s price has suffered a hit like every other altcoin in the market. However, the crash in EOS’s price came as a blessing in disguise since its price was soon back to its crucial...Read More
Ethereum’s losses were sustained at the $1,042-level as the market’s bulls stepped in and eased the selling pressure. At the time of writing, the strong resistance level at $1,139 was restricting ETH’s price, but the momentum could shift if the price manages to topple the upper ceiling. On the contrary, altcoins such as Zcash and...Read More
Aladdin Exchange is an upcoming digital asset exchange that provides a secure, convenient, and transparent platform for cryptocurrency users. As part of its pre-launching event, the Aladdin Exchange team invites everyone to pre-register and refer people to join the crypto exchange before its official launching. By doing the pre-registration and referral, users can get instant...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Zcash, at the time of writing, was in a unique spot in the market. While the rest of the crypto-market was consolidating at a lower range, ZEC managed to rally back to its yearly...Read More
Most of the cryptocurrency market struggled to register gains on the price charts after Bitcoin fell below the $36,000-mark once again. Following the world’s largest cryptocurrency’s lead, altcoins such as Litecoin, Monero, and DASH flashed red, with the direction of their near-term movement still far from certain. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin, the world’s...Read More
After Bitcoin managed to claw itself back to the $34,000-level, the altcoin market posted slight gains on its charts. Similarly, altcoins such as EOS, NEO, and DOT were flashing green, at press time, as the market’s buyers alleviated some of the losses made over the past 24 hours. However, there was uncertainty in the market...Read More
After the dust settled on the broader market after yesterday’s bloodbath on the price charts, altcoins such as Tezos, Ethereum Classic, and YFI gave mixed signals as buyers and sellers contested for market control. A definitive change in market leaders BTC and ETH’s movements could dictate the near-term future of the aforementioned altcoins over the...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP‘s price has been on a downtrend since the SEC’s lawsuit announcement. However, while all the price development was undone in mere weeks, if not days, when observing the cryptocurrency’s price movement, XRP seemed to...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Ethereum‘s price, at press time, seemed bullish following the 16% surge over the last 11 hours. The aforementioned bullish surge might be at the end of its rope, however, and hence, a reversal was...Read More
After Bitcoin, the world’s largest cryptocurrency, stabilized above the $36,000-mark, the broader altcoin market managed to cut its losses after yesterday’s fall. Altcoins like Bitcoin Cash and DigiByte were looking to rise on the charts as the buyers sought control of the market, while on the other hand, BAT was well on its way to...Read More
After Bitcoin fell on the charts, the broader altcoin market moved in tandem with the king coin and slumped into the red territory. However, BNB signaled a potential pullback towards $41.7, while IOTA’s and VET’s fall halted at their current support levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance Coin’s fall along with the broader...Read More
After a correction in the world’s largest cryptocurrency forced Bitcoin towards the $34,000 mark, the broader altcoin market followed suit and declined on the charts. Altcoins LINK and BSV succumbed to the fall and fell below multiple support levels. On the other hand, ZEC managed to give positive returns in a turbulent market but showed bearish...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
Across the market, double-digit percentage losses were recorded as Bitcoin faced selling pressure that caused a drop from $41,000 to $33,000 at the time of writing. Cardano formed a double-top pattern that could see it test the $0.23 level of support soon, while Crypto.com Coin was likely to retest the $0.07 region as resistance before...Read More
