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
In anticipation of the airdrop of Spark tokens, the number of addresses holding XRP rose dramatically recently. At the time of writing, it was still unclear what effect this development would have on the cryptocurrency’s price. Further down the crypto-ladder, while NEM witnessed a bullish reversal and tested the $0.252-resistance level, VeChain registered a bullish...Read More
Cardano and Decred were noting bearishness in the near-term. A case for Cardano being able to reverse its downtrend can be made if it were to reclaim the significant resistance level it recently lost. At the time of writing, NEM was registering a retracement after its most recent surge. Decred could be headed further south...Read More
With a total valuation of over $430 million, NEM is the biggest gainer among prominent cryptocurrencies heading into the weekend. | Source: Shutterstock.com NEM (XEM) gains 23% in overnight surge. The Altcoin was previously down 97% since the market peak of January 2018. XEM coin now up 71% since December, but can we bank on...Read More