XRP-Shorts On The Edge! Ripple’s XRP price has sparked a minor uptick by bouncing off the support levels quickly than the previous 2018 crash. The crash was so brutal, that the price declined to the 2-month low levels around $0.6. Advertisement However, during the extreme crash the traders underwent extreme fear and hence shorted their...Read More
Benjamin Cowen, a well-known crypto analyst, recently examined the price action of Cardano’s native asset ADA. The crypto analyst discusses Cardano’s (ADA) price movement. The fourth-largest cryptocurrency’s future is explained by Cowen as During the bull market, he expects the altcoin’s USD value to rise. Advertisement He says that From March 13th, 2020, it is...Read More
Cardano Price Poised To Surge Soon! The Cardano price was outspread in the past couple of weeks as it smashed the milestone above $2. It remained above these levels for a couple of days until the black Wednesday slumped the price close to $1. Advertisement Yet since then, the ADA price has attempted hard to...Read More
Bitcoin Price May Plunge Below $10K Bitcoin price, along with most of the crypto assets experienced a roller coaster ride since the early trading hours. The BTC price movement was historical as it registered the daily high above $43K and the daily low close to $30K. Advertisement Despite undergoing one of the most lethal corrections...Read More
Polygon hopes to solve the scalability problem. The MATIC price forecasts are positive as a token supporting such a critical feature right now. After the Ethereum scaling solution merged various common decentralized finance (DeFi ) projects and the number of transactions it handled every day skyrocketed, the price of MATIC has reached a new all-time...Read More
Cardano (ADA) is on track to continue its stellar 2021 success after setting a new all-time high. Surprisingly, this one came as a surprise given the majority of the crypto market’s decline. Cardano Price began the new year at about $0.18, but it has since ridden the current bull market to new heights. Decentralized finance...Read More
What’s Next For Bitcoin Price? Bitcoin prices in recent times have initiated a sideway trend as the other altcoins and new tokens gain strength in the crypto space. The bullish momentum was hampered drastically by Tesla CEO, Elon Musk by withdrawing BTC mode of payment. This led to a huge drain in BTC prices that...Read More
Dogecoin is among the most popular cryptocurrency which produced many millionaires in 2020. The splendid rally raised many eye-brows and eventually it raised above all odds from being the primitive meme to an investment tool. Yet in recent times, it appears that dogecoin is not only the one ‘Dog Meme’ token, yet many have landed...Read More
Memecoins aren’t the only altcoins catching attention and making a comeback from the price drop that accompanied the 2017 bull run in the ongoing altcoin rally. With increased supremacy and hyped-based rallies, XRP and DOGE, along with BNB, have emerged as the top two altcoins. The market rally, which was fueled by social volume, pushed...Read More
MATIC Price To Hit $1.5 By End of May Polygon(MATIC) price gained mainstream attention when it rose like a giant since the beginning of February. Many jumped in the ecosystem and partnered with the Polygon Network and strengthened the platform. This impacted the price positively and hence the price rallied very close to $1, but...Read More
Dogecoin is now trading at 70 cents, just 30 cents away from a dollar. Can Elon Musk’s favourite meme-currency eventually stop being a joke? Advertisement After Elon Musk’s tweets this year converted the once-obscure digital currency into a speculator’s fantasy, investors are looking forward to the billionaire’s guest-host role on this weekend’s “Saturday Night Live”...Read More
ADA/USD – Bearish Divergence Sends Market Lower Key Support Levels: $1.07, $1.00, $0.944. Key Resistance Levels: $1.20, $1.32, $1.40. ADA is down by 9% as it falls beneath the support at $1.22 (.236 Fib) to reach $1.14. The cryptocurrency is now down by a total of 23% since hitting the ATH price at $1.48 last...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Monero continues correcting after the February rally. On Friday, February 26th, the cryptocurrency is trading at $197. XMRUSD has been falling this week. In the daily chart, Monero is testing 38.2% fibo. The next correctional target within the ascending tendency may be the support at 50.0%, a rebound from...Read More
Litecoin was quite bullish on the charts. The $190 region offered some resistance, but longer-term momentum is on the side of the bulls and demand is likely to drive the prices higher. Litecoin 12-hour chart Source: LTC/USD on TradingView Litecoin swept past the range highs but faced some selling pressure in the $192 region. Undeterred,...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Disclaimer Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein. The post appeared first on The...Read More
Tesla Holds Bitcoin above Dogecoin! The year 2020 was pretty huge for the cryptocurrencies as it received mainstream attention and also adoption. Many expected the Bitcoin price rally will be much bigger than in 2020 that appeared a factual figure since the start. Bitcoin attained the highest ever position in history which rallied the entire...Read More
At present we can see that Strong institutional demand has fueled Bitcoin and many altcoins to hit new all-time highs. Today BitTorrent price steadily surged, becomes the highest gainer among the top 100 crypto markets. Many altcoins rallied over 20%, including BTT, LUNA, XVS, DGB, EGLD, RUNE, AVAX, and TRX. Out of these, BTT Price...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum formed an ascending triangle pattern on the charts but faced some resistance at the $1760 mark. While high gas fees are a blow to decentralized exchanges, they could also persuade users to turn...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 traded within a range since late December and approached the mid-point of the range. Technical indicators showed that the momentum has not quite flipped bullish for LTC, meaning that the reaction of...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Stellar Lumens had neutral momentum in the market over the past two days, and only in the last few hours did the coin see a shift in momentum in favor of the bulls. This...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 week has seen Cardano trade between the $0.32 and $0.385 price range. Levels of importance within this range are highlighted and the short-term outlook for the coin appeared to take a turn...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
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
Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice A strong performance from the biggest of the altcoins Ethereum has seen many large-cap coins surge. Binance Coin has been one of the best performing exchange tokens, with a YTD return on investment of...Read More
There was a strong surge in Ethereum price above the $900 and $1,000 levels. ETH price broke the $1,100 level and settled well above the 100 hourly simple moving average. A new multi-month high was formed near $1,160 before the price corrected lower sharply. The main resistance is now forming near $1,120, above which, ether price might rally significantly....Read More
It’s a bullish start to the day for the major cryptocurrencies. Steering clear of the day’s pivot levels would bring resistance levels into play. Overall, the crypto’s price is currently caught within a holding pattern with defi tokens like LINK, SUSHI, and YFI price showing massive gains. On December 23rd Bitcoin price successfully surpassed Yearn.Finance...Read More
The XRP price crash in the last 48 hours has pulled down major altcoins heavily. Almost all the top-10 altcoins have currently entered the consolidation phase. The heavy price plunge in XRP pushed its market value down to $12.16 Billion that is 1.92% of the total cryptocurrency market value. At press time XRP is trading...Read More
Ethereum remains one of the top cryptocurrencies in the blockchain ecosystem. The smarts contracts front runner is presently the second most popular cryptocurrency behind bitcoin. Today, with respect to market sentiments and various discrepancies on Eth price predictions, we submit our unreserved opinion about future Eth price and what circumstances may aid the process. Table...Read More
Bitcoin price and Ethereum price reached the yearly highs and within no time initiated the correction phase. However, in between the major cryptos retrace, some other digital assets surge to touch new highs. Sushiswap (SUSHI) Price SUSHI price surged drastically within a small timeframe as the collaboration with Yearn Finance was announced. Since then the...Read More
Confirmed ‘Bearish’ signal for ETH The Exponential Moving Average(EMA) which is the average of the closing prices for a specific number of days divided by the number of days considered, is falling with the Ethereum(ETH) price. According to analysts, the EMA is below 10 which signifies a confirmed bearish trend for the ETH price. The...Read More