The cryptocurrency market appeared to be in its bullish phase as the price of the largest crypto, Bitcoin has been rallying higher. A boost of 5% in the BTC market on Monday, triggered other altcoins to sprint at as escalated pace and establish a bullish run under the influence of the largest crypto. Source: CoinStats...Read More
Disclaimer: The following article attempts to analyze the emerging trends in the Litecoin short-term market and its impact on price. Litecoin, at press time, was being shoved between important resistance and support, despite an overall bullish market. The price of cryptocurrencies was witnessing great bullish bursts on Monday, however, Tuesday looked like there was a...Read More
Disclaimer: The following price prediction should not be taken as investment advice as it is the sole opinion of the writer. The price movement should be foreseeable in the next few hours. Since closing in on $0.32, XRP’s price has remained at a higher range between $0.272 and $0.323 in the chart over the month...Read More
The market is once again expressing bullish features, as the price of Bitcoin [BTC] pumped above $12k on 17 August. The price of the largest crypto asset spiked by 5.68% within two hours on Monday, enabling BTC to breach its resistance and report a yearly high of $12,473. This rally also helped push the trading...Read More
Market Volatility is at a new high for all digital assets. For the altcoins, the market has been rather turbulent as a correlation with Bitcoin maintains minimal levels. Over the past 24-hours, while assets such as Algorand suffered significantly, Ethereum maintained its consolidation above the price of $425 while Dash indicated a minor rise. Ethereum...Read More
With a vast majority of altcoins pumping, this feels like the beginning of a bull run. XRP, however, seems to be a little behind on the price pump and is undervalued. Undervalued, in the sense that, the price needs to accurately reflect the developments seen around the token itself and Ripple. Ripple Addressing the “skeptics”,...Read More
Stellar Lumens had a stellar week in the market while Bitcoin Cash and continued to trade beneath its immediate resistance. Interestingly BAT has broken out of a consolidation zone and is likely lead to further interest from traders and investors, and may push prices further upward. Bitcoin Cash [BCH] Source: BCH/USD on TradingView Bitcoin Cash...Read More
Chainlink’s price dipped alarmingly, registering close to 20% loss within an hour. This action happened hours after Bitcoin reached a local high of $12,499. Ethereum Classic, on the other hand, saw registered a recovery while Dogecoin failed to carry a lot of momentum and looked likely to slip further down in price. Chainlink [LINK] Source:...Read More
bitFlyer has been one of the most reliable cryptocurrency exchanges over the past few years. The exchange was established in Tokyo, Japan back in January 2014, when the rules and regulations in Japan were far more amiable in terms of digital asset operations. However, the exchange has also been available in the United States since...Read More
Once upon a time, Bitcoin‘s shadow was so overwhelming that many of the market’s altcoins failed to get the attention they deserved. Over the last few months, however, this narrative has steadily changed. While Bitcoin still maintains its superiority as the world’s largest and most-favored digital asset, other altcoins such as Ethereum, Chainlink, and Cardano...Read More
If you were to use one word to describe the Bitcoin market right now, it would be “strong.” For the past three weeks, the world’s largest cryptocurrency has been trading at a level over $10,000, a feat it has managed only 14 times since the 2017 bull run. Prior to this run, Bitcoin was in...Read More
Every time Bitcoin moves up or notes a consolidation, there’s the question of a sell-off. Since the cryptocurrency markets are so volatile, you can’t blame traders or even investors for cashing in their investments at a significant profit. The current market is no different. According to data from Chainalysis Markets, inklings of a sell-off are...Read More
The crypto-market remains largely bullish, especially since yield farming and the success of DeFi tokens have been appealing to many investors. With Ethereum priced at above $400, at the time of writing, the world’s largest altcoin can, in the medium term, signal more bullish sentiment for itself and the rest of the altcoin market. Source:...Read More
Bitcoin’s struggle to breach the $12,000-mark is as real as it gets. The level in question has been tapped a few times and even breached once, however, even after these developments, Bitcoin continued to remain under $12,000. This is unlike the rally in April 2019, a time when Bitcoin faced no issues in pushing past...Read More
There is no lack of development in the Ethereum community at the moment. However, while Ether’s value is soaring, the network has become the most expensive one to use and miners are rejoicing over all-time high revenues, with the network’s hashrate now better than it has ever been in the last 20 months. And yet,...Read More
Litecoin, Synthetix, and Dash were trading above or at historically significant levels, at the time of writing. In fact, Litecoin was showing vigor in the market as it resumed its recovery from its lows near $40. Further, DASH had an eye on its immediate resistance on the charts while Synthetix looked likely to continue its...Read More
Disclaimer: The findings of the following analysis should not be taken as investment advice and the same should materialize over the next few hours Bitcoin SV, at the time of writing, was jostling for room and moving under the key price line of $218, a level that has acted as immediate resistance and support multiple...Read More
Bitcoin [BTC] was holding the support level at $11,800 with an eye on a possible breakout over $12,000, at the time of writing. However, BTC’s movement has been relatively recent as, over the last few months, many of the market’s altcoins have noted good rallies, especially when Bitcoin’s own price was relatively stagnant. At press...Read More
Ethereum has hit a level last seen almost 2 years ago and not just that, it has held the level successfully. The $415-level is now acting as a support for the next leg, which is a bullish one. At press time, ETH was still the second-largest cryptocurrency in the world with $47 billion in market...Read More
Market trends in the crypto-industry seemed to point to a lack of correlation as many of its altcoins courted individuality on the charts. After Ethereum’s recent pullback and Bitcoin’s re-test of the range at $11,900, XRP was able to sustain testing at $0.30 as well. On the contrary, Digibyte had better success over the past...Read More
How do we know we are in a bull run? Early 2017 did not show signs of what could occur by the end of 2017. However, bitcoin and the crypto ecosystem seems to be already in the bull run. Bitcoin has, briefly, breached the $12,000 level, however, failed to sustain it. Regardless, the bullish feeling...Read More
TRON and Decred were subject to strong upward moves over the past few days. Both coins indicated that it is likely they continue on their trajectory. Bitcoin SV stagnated and showed no sign of upward price movement. TRON [TRX] Source: TRX/USDT on TradingView TRX had a market cap of $1.76 billion, and held the 15th...Read More
Cardano has seen reduced momentum in the past month. The price has been range-bound [between $0.156 to $0.262] for over a month. With the mainnet launched, total ADA staked has now hit 12.49 billion aka $1.74 billion with 31,000 delegators. The fundamentals of ADA look strong with the successful launch of the mainnet. Cardano 1...Read More
Bitcoin was trading at $11,800 and showed signs of heading lower due to the formation of a bearish pattern. While some altcoins have seen a good surge in the last 24 hours, some haven’t been so lucky. BTC falls under the latter category with a 0.68% decline. Bitcoin 4-hour chart BTCUSD TradingView From the above...Read More
The case of the ‘hodling of Bitcoin’ is a curious one. At first, it would seem that those who would be more inclined to hodl the cryptocurrency would be average everyday people who heard about it before the 2017 bull-run, and not the corner-office institutions who jumped in only after 2018, but reality is quite...Read More
How does one identify if a market is healthy or not? Well, that is a question with no right or even one answer. What can be expanded upon here, however, is the nature and attitude of the investor class – a crucial characteristic of a healthy market. How has that changed over the years and...Read More
If one were to take a survey, chances are that most would agree that the last few weeks and months have been pretty good for the cryptocurrency market. Bitcoin, and with it, the rest of the crypto-market, seem to be on the up, with the memories of Black Thursday well behind it. However, that’s not...Read More
The crypto-market, at the time of writing, was going through a tricky phase. Bitcoin, the world’s largest cryptocurrency, was continuing to trade sideways on the charts, with BTC looking to strengthen and consolidate its position around the present price level, before it attempts to breach its psychological resistance of $12,000. Source: Coinstats This, however, has...Read More
The overall investor confidence could propel Stellar and BAT to breach stiff resistance facing them. EOS saw strong gains in the past week and is ready to target the next resistance. Stellar Lumens [XLM] Source: XLM/USDT on TradingView Stellar Lumens held rank 14 with a market cap of $2.2 billion. XLM was perched on the...Read More
Ethereum was headed to a weekly close that would interest long term investors, with a good potential to post further gains in the coming weeks. Monero found its momentum waning, while Zcash showed some initial signs of strength. Ethereum [ETH] Source: ETH/USD on TradingView ETH traded with below-average volume over the weekend. This could have...Read More
