While Ethereum exhibited a massive drop below $500 on the 26th of November, a sharp recovery has brought back the asset above $600. While the price is currently hovering under the range, the short-term analysis indicated a rather uncertain trend. Ethereum 1-hour chart Source: ETH/USD on Trading View On 24th November, Ethereum’s value topped at...Read More
Over the past week, the bullish sentiment of the collective crypto market has slowed down. Bears had made their presence felt and Polkadot continued to be aware of this impact. After briefly registering a local top at $6.45 on 24th November, DOT has managed to cross the $6 mark again. Its recent rally pushed the...Read More
Cardano’s rise during the bitcoin rally was parabolic but unlike the king coin, it wasn’t sustainable. The retracement pushed ADA down by a whopping 35% and since then, the coin has been consolidating. For now, we can expect ADA to keep continuing its consolidation until it reaches a boiling point. Post which, we can see...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Bitcoin SV is a long way from its all-time high. While most altcoins are out of the bear market, Bitcoin SV, for some inexplicable reason, still seems to be in it. At press time,...Read More
Chainlink’s recent surge price may be due to its correlation [90-day] with bitcoin, which stands at 0.6, however, there is more to it. The smaller bits that may have caused this price surge could be its fundamentals which are getting stronger. Chainlink’s oracles are gaining popularity as they were recently integrated by Matic and Base...Read More
Bitcoin might be taking most of the attention but Ethereum is not being a pushover at the moment. A recent surge over $600 is re-vitalizing its market as well, and now external developments might be pushing Ether to new heights in 2020. In this article, we’ve analyzed Ethereum’s current market structure, alongside the key factors...Read More
Polkadot has competitors that claim the same thing as DOT – throughput that achieves scalability, lower fees, security, and the ability to build a defi ecosystem on its chain. However, only a few actually deliver these things and are yet to gain adoption. The adoption isn’t here yet due to the fact that Ethereum is...Read More
Bitcoin SV is currently stuck in a strong resistance range. In the past articles, we had discussed this particular range between $150 and $165 and collective bullish market sentiment also did not assist in a positive breach. The spike over the past 24-hour indicated a minor re-test at $180, but it quickly dropped below $165...Read More
There is a sense of bullish urgency in every top digital asset at the moment, and XRP is no different. After taking a back seat for much for the rally, XRP breached above $0.254 on 13th November, and over the past-24 hours, it tested $0.30. XRP is currently consolidating near the present high and collectively,...Read More
Bitcoin cash isn’t the only crypto feeling the brunt of bitcoin’s volatility. Bitcoin’s return has surged the highest since August, accompanying this high return is the volatility, which has also seen a stark surge. The above table shows bitcoin volatility which has affected all altcoins’ returns and price movement. The highest volatility is being seen...Read More
Ethereum is currently consolidating above $460 over the past couple of days. On 15th November, the asset did re-test a low below $450 but now it looks lively again for a rally upwards. However, amidst such a bullish scenario, it continues to be difficult to ignore the bearish signs that were evident in the analysis....Read More
Tezos, once a major altcoin threatening a position in the top 10, has been unable to take advantage of the recent bullish scenario. While the coin has dropped down to 18th in the market, its long-term charts failed to indicate a lot of positive momentum. While its recent Delphi upgrade reduced smart contract gas fees...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Polkadot short-term market and its impact on the price. Polkadot has been gaining much attention from the crypto community, ever since its launch. Even though Bitcoin has been reaching new highs, the coin has been consolidating in the market over...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price. The value of Bitcoin Cash has been slipping lower and even as the largest crypto asset, Bitcoin consolidates, it has not helped the BCH price. At press time, BCH was...Read More
At the moment, analyzing Bitcoin’s price chart is like taking aim in the dark. It is an unfamiliar trading range and it was last witnessed during January 2018. With the current market being extremely bullish over the last month, correction still awaits BTC’s market hence we will analyzing a couple of scenarios that may play...Read More
The outlook for Cardano is bearish both on a long term and a short term basis. As explained in the previous article, there is a drop coming for Cardano and other altcoins; as for ADA, the drop might push it down to the 0.382-Fibonacci level. At press time, ADA was trading at $0.1079 and was...Read More
Alongside the rest of the altcoins, Cardano was a little late to the bullish rally and it did not last as long as expected. While the asset has maintained a position above $0.10 at press time, chances of a pullback below the price range is a possibility. However, the larger trend remains bullish for ADA,...Read More
A case of better late than never, the altcoin market is finally rallying behind Bitcoin, and Litecoin is following suit. With Bitcoin consolidating above $15,000 for the first time in 2020, LTC was trying to find its feet in the market. While uncertainty might plague its immediate trend, in the long-term Litecoin might re-test its...Read More
Bitcoin SV registered a local bottom at $144 on 3rd November but since then the asset has rallied back above $150. Just like the rest of the altcoin market, BSV is struggling to rally behind Bitcoin but on the short-term chart, it may indicate a bullish move over the next few hours. At the moment,...Read More
After its third-retest within a period of 7-days, Bitcoin finally breached above the $14,000 and it is currently consolidating above $14.5. The current price is at an extremely unfamiliar trading zone, last witnessed in the first week of January 2018. At the moment, there wasn’t any particular resistance to look out for, but the trend...Read More
While volatility is prevalent for all altcoins at the moment, Cardano is currently dealing with the bearish side of the market, re-testing its monthly support of $0.089 in the charts. While the valuation managed to pull itself back up at press time, the level of uncertainty continues to rise as we are looking forward to...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price. The votes are being counted and with every wick forming in the stock market, a future is being forecasted. For now, the crypto market has been experiencing a minimal drop,...Read More
The Bitcoin market has been leading the altcoins trend for the longest time, but currently, some alts have been at a deciding junction. Litecoin [LTC] was one such alts at an indecisive position. The current price of LTC was at $52.67 and it can be an interesting point for both short-position and long-position. Litecoin 1-hour...Read More
Ethereum is currently undergoing a massive short-term collapse as the price dropped down to $378 from $400 within 36 hours. While there might be more correction following up on this bearish trend, a quick turnaround from $370 is a likely scenario as well. Ethereum 4-hour chart Source: ETH/USD on Trading View The 4-hour chart is...Read More
While Bitcoin witnessed a minor pullback on the 24-hour window, altcoins collectively witnessed strong corrections. XRP was set back by almost 4%, consolidating right above its immediate resistance. With the market exhibiting extreme turbulence, for XRP’s long-term, the price might find it difficult to rise up in the charts, but not impossible. XRP 12-hour chart...Read More
While Bitcoin SV must have felt good upon its recent re-test at $180, its quick decline to $163 would have made things a little complicated. As the market followed Bitcoin’s cue, a bearish trend was evident on every altcoins chart and BSV was no different. With a market cap of $3 billion, BSV was back...Read More
The growing crypto world has enabled the rise of new projects which aim to bridge the gap between the traditional financial system and that of cryptocurrencies. Started back in 2017, Polkadot came in mainstream media recently, when it secured its position in the top 10 from nowhere. In this writing, the complete history of the...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Ethereum short-term market and its impact on the price. The price of Bitcoin has been forming consecutive crests and troughs, which has been mirrored even in the altcoin market. Ethereum, the second-largest altcoin has also been witnessing its price falter,...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Cardano long-term market and its impact on the price. Cardano developers have been working relentlessly towards their decentralization goal and released the updated version of its Daedalus wallet today. The digital asset was experiencing an upwards rally before the trend...Read More
Although bitcoin hit $13,800, it seems like altcoins didn’t share the enthusiasm, as most coins including Polkadot, saw a decline. Perhaps, this rally was centralized to bitcoin and very few altcoins, and Dot wasn’t among them. Source: DOTUSD TradingView At press time, Dot is trading at $4.601 and is in the top 10 list of...Read More
