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
Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over...Read More
Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the...Read More
LINK/USD – Bulls Rebound From Lower Boundary Of Ascending Price Channel. Key Support Levels: $10.50, $10, $9.80.Key Resistance Levels: $11.50, $12, $12.75. LINK saw a strong 6% price hike today as it rebounds from the lower boundary of an ascending price channel to trade at $10.9. The coin had started to form this pattern toward the...Read More
Ripple Locks 800 Million XRP at Escrow One of the crypto tracker that records the huge and interesting crypto transfers and transactions recently recorded an XRP transaction. According to Whale Alert, nearly 800 million XRP tokens were locked at escrow at Ripple. The escrow is a feature at the XRP Ledger that enables the user...Read More
Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed...Read More
Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed...Read More
LINK/USD – Bulls Form Ascending Price Channel Key Support Levels: $11.50, $11, $10.50.Key Resistance Levels: $12.33, $13, $13.50. LINK bounced higher from the support at $8.77 at the start of October. From there, it started to form an ascending price channel. The coin recently bounced higher from the lower boundary of this price channel as...Read More
The crypto space is currently having a good time, with major cryptos pumping with a decent gain margin. Most of the coins surged but many also faced a plunge also. In this piece of writing, the cryptos are listed which are among the top gainers for the day. XRP XRP, which is also a preferred...Read More
XLM/USD – Bulls Rebound Into 100-days EMA. Key Support Levels: $0.08, $0.075, $0.07.Key Resistance Levels: $0.086, $0.088, $0.0921. XLM found support at the $0.0668 (.618 Fib) level toward the end of September which allowed the downtrend to reverse. Throughout October, the coin has slowly been grinding higher. Initially, it struggled to break the resistance at...Read More
Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided...Read More
BNB/USD – Buyers Push BNB Back Above $30. Key Support Levels: $27.17, $26, $24.90.Key Resistance Levels: $30, $31.30, $32.60. Binance Coin has been performing extremely well since it bounced from the support at $23 in late-September. So far, the coin has increased by a total of 35% since then as it hits the $30.72 resistance...Read More
Crypto-space is among the sectors labelled as highly volatile and filled with uncertainty. Among them are some of the coins that could have a massive uptrend. Having kept a close watch one can make some yield this week. Let us have a look at some of these coins which could probably be a feast on...Read More
ADA/USD – New Monthly High and Attempt Break Above 2019 Highs Key Support Levels: $0.104, $0.1, $0.0974. Key Resistance Levels: $0.114, $0.12, $0.123. Cardano bounced from the support at $0.0932 (.5 Fib Retracement) this week, which allowed it to surge by 15%. On the way up, ADA broke above resistance at $0.1 to close the...Read More
Bitcoin Bitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday. BTC was trading at the 100-days EMA last Friday as it rebounded from here and started...Read More
The week has been very brutal in the crypto ecosystem. Market sentiments swung entirely bearish with BTC taking the lead. Other coins like VET, however, are not lagging in terms of daily loss. With a 24% daily loss, VET takes top position with runners up being ZEC and BNB. #1. VeChain (VET 7.8%): VET comes...Read More
The crypto market is flocking with “spoils of war” accrued during the bear markets which began about a week ago. Around 90% of altcoins are seen recording losses which may take a while to recover from. The worst-hit defi token in the last 24 hours is undoubtedly Aave, which seemed to have lost around 15%...Read More
XRP/USD – Bulls Finally Break 100-days EMA Resistance Key Support Levels: $0.243, $0.237, $0.228.Key Resistance Levels: $0.251, $0.26, $0.271. XRP found support at the $0.23 level at the start of October. It rebounded from this support yesterday to finally push higher above the resistance at the 100-days EMA – a level which the coin struggled...Read More
BNB/USD – Bulls Head Back Toward October Highs Key Support Levels: $27.17, $26, $25.Key Resistance Levels: $30, $31, $32.5. In the last week of September, Binance Coin dropped into the support at $23 and rebounded to reach as high as $29.30 by the end of the month. As October started, BNB headed lower from this...Read More
Bitcoin Over the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October. Unfortunately, Bitcoin...Read More
ADA/USD – Bulls Rebound From 6-Month-Old Rising Trend Line Key Support Levels: $0.1, $0.095, $0.087.Key Resistance Levels: $0.105, $0.114, $0.12. Cardano dropped from $0.125 in early September to initially reach the support at $0.087 (.5 Fib). The coin eventually penetrated beneath this level as we moved deeper into September and it headed lower into the...Read More
