Binance Coin surged to $148, following which, it registered a pullback to $120. In fact, it was in a phase of consolidation above the 23.6% retracement level at $121, as was Maker. In the short-term, both coins can be expected to trade sideways. Finally, NEM was moving with bullish strength towards its level of resistance...Read More
With market leaders Bitcoin and Ethereum rising by 7.6% and 11.9%, respectively, at the time of writing, altcoins such as Bitcoin Cash, NEM, and DASH rode the bullish wave and recorded gains on the charts. However, BCH and NEM formed bearish divergences and were predicted to fall in the short-term, barring a further rally in...Read More
EOS was trading below its 200-SMA and projected a prolonged bear market as its indicators favored the selling side. XEM targeted a move above the $0.229-resistance, backed by a surge in trading volumes and buying activity. Finally, COMP failed to breach its immediate resistance and a shift of momentum towards the bearish side could see...Read More
Polkadot traded within a range of $15 and $18.25 over the past few days and noted short-term bullishness, one that could see it test the $18-level once more. NEM and Neo held on to levels of support in the face of bearish sentiment, but they would drop below in the coming days unless buyers step...Read More
As Bitcoin closed in on the $37,000-mark, the altcoin market looked to move in alliance with the king coin. Similarly, altcoins like TRX, XEM, and ZEC all flashed green during press time. Although momentum rested with the market’s bulls, indicators on TRX and XEM registered the possibility of a bearish pullback towards their respective support...Read More
Bitcoin SV shrugged off the shackles of $164 and saw a quick move to $180 at press time, with the crypto likely to see further upside. NEM noted steady selling pressure over the past three weeks and could lose the $0.2-level of support, while Decred was bullish on the price charts and could see a...Read More
The world’s largest cryptocurrency Bitcoin climbed on the charts and headed towards the $29,000 mark and the broader altcoin market followed suit and registered a surge in price. Polkadot was one such example, climbing nearly 12% in the past 24 hours. On the other hand, altcoins VeChain and NEM struggled to maintain positive returns and...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One EOS registered a short-term hike in buying volume, but it might not be enough to stave off the next wave of bearish pressure. NEM showed short-term bearishness as well and could be forced to test $0.2 as support once more. Decred, on the...Read More
After Bitcoin, the world’s largest cryptocurrency, registered a slight correction in its price, altcoins such as Bitcoin Cash, NEM, and Decred followed suit and fell down the charts too. Bitcoin Cash [BCH] Source: BCH/USD, TradingView Bitcoin Cash’s price registered a lot of volatility in the month of December. At the start of the month, the...Read More
Bitcoin Cash and Crypto.com Coin could be set to trade within a range over the next few days as they lacked any momentum in the short-term. However, while Bitcoin Cash noted a balance between the market’s buyers and sellers with respect to the volume bought or sold, NEM saw a breakout to the upside and...Read More
Ethereum registered its highest weekly close in the past 120 weeks with a price level of $601.95. While the short-term outlook and momentum remained neutral over the past few days, ETH bulls might be able to bounce off the $580-support and attempt to go past $620. NEM and FTX Token were also on a strong...Read More
Bitcoin Dominance rose toward 64.3% after posting another higher low at 62.44% for the past week and stood at 63.66% at the time of writing. Bitcoin is currently being traded at $19072 with a 24-hour trading volume of $19.6 billion. Source: CoinStats Some altcoins showed a bullish breakout, such as Bitcoin SV and NEM. Compound...Read More
NEM‘s strong performance over the past couple of weeks could see a setback after it formed a bearish reversal pattern on the charts, a development suggesting that it might lose a level of support at $0.169. Further, while Stellar Lumens was heading towards a level of support at $0.18, DigiByte was oscillating between two levels...Read More
Bitcoin Dominance, at the time of writing, had dropped a little over the last 24 hours, with the same observed to be at 65.05%. As far as the market’s alts were concerned, while Monero exhibited a bearish divergence, NEM was trading under a strong level of resistance after recovering with strength over the past few...Read More
The Crypto Fear and Greed Index was registering a figure of 90 at the time of writing, expressing a sentiment of extreme greed in the market. Litecoin and NEM reflected this bullish sentiment as they formed bullish patterns on their charts and found strong buyer interest behind their price rise. Verge, on the contrary, noted...Read More
Bitcoin induced euphoria in the market’s traders after recently registering a yearly-high of $16,400. Further down the crypto-ladder, EOS seemed to have exhausted its recent bullish outlook while NEM’s chart exhibited a bearish divergence and was likely to see a pullback. Finally, Compound recorded gains recently, but it was yet to show any sign of...Read More
Bitcoin’s price, at the time of writing, continued to remain close to the much-anticipated $16K-level. Owing to their high correlation to the world’s largest cryptocurrency, many of the market’s altcoins benefited as expected. In fact, popular altcoins like XRP, Synthetix, and NEM saw their prices surge over the past week. However, over the last 24-48...Read More
Bitcoin‘s price dropped from $15,600 to $14,310, with the cryptocurrency, at press time, trading at $14,992. This corrective move for BTC saw a volatility spike in the altcoin markets as well. While EOS and NEM noted minor pullbacks after a surge in price, Zcash was trading under an important level that could decide the direction...Read More
The Crypto Fear and Greed Index noted a figure of 72 at press time, with Bitcoin just under $14,000 on the charts. Further down the crypto-ladder, Tezos lost an important level of support, while NEM continued to fall. Zcash could also be set for significant losses over the next couple of weeks. Tezos [XTZ] Source:...Read More
With Bitcoin seemingly consolidating just below the $13,000-level, buying momentum for most alts has also subsided over the weekend. In fact, technical indicators for NEM and VeChain turned neutral from bullish as some selling pressure started to creep into the market. Cardano too seemed to lose bullish momentum as it faced rejection at a key...Read More
Proving to be one of the market’s top-performing digital assets on the charts, Bitcoin Cash was quick to add over 6% to its value in lieu of the prevailing bull market. Decred too was painted in green, with northbound price momentum in the DCR market likely to push the cryptocurrency towards its immediate resistance level....Read More
Bitcoin was trading at $11,416, at press time, and commanded a dominant share of 59% in the market. Its fork coin Bitcoin Cash exhibited a bullish signal as it traded just under an important level at $252. NEM, on the other hand, invalidated a bullish pattern at the behest of steady selling pressure on the...Read More
At press time, Ethereum had rocketed from $350 to $374 within 24 hours, in a move that boded well for the rest of the altcoin market. In fact, the general bearish sentiment around altcoins appeared to have swung to welcome a more bullish outlook. Stellar Lumens and NEM showed strong signs of bullishness, while DigiByte...Read More
Over the last one week, Ethereum registered poor daily returns that lowered the cryptocurrency’s valuation by more than 6%. The same was noted across the market after Bitcoin, the world’s largest cryptocurrency, too noted a decline on the charts. While such bearishness continued to persist, at press time, altcoins such as NEM and Zcash were...Read More
Despite developments that could have had a strong bearish impact on Bitcoin such as the Kucoin hack, BitMEX co-founders being charged by the CFTC, or the stock market drop following the U.S President’s positive coronavirus test, Bitcoin stayed strong above $10,500. However, the Crypto Fear and Greed Index stood at 40, suggesting fear in the...Read More
Binance Coin exhibited bullishness in its market, but it could see a minor drop of 2-3% before noting further gains. NEM broke out of a period of consolidation and appeared to have flipped a level of resistance to support. Verge showed bearishness in its own market. Binance Coin [BNB] Source: BNB/USDT on TradingView At press...Read More
Tron had been bearish over the past few weeks, but its recent surge on the charts could indicate the reversal of a downtrend. The next few trading sessions for TRX, therefore, will be crucial. NEM appeared to be at the beginning of a significant uptrend as it attempted to flip a level of resistance to...Read More
Bitcoin Cash registered significant losses as Bitcoin and most of the market faced another wave of selling pressure. NEM, while it noted a recent surge, was rejected at a level of resistance and showed some bearishness on the charts in the near-term. VeChain had been making moderate gains over the past couple of days but...Read More
Stellar Lumens was facing continuous bearish pressure on the charts and looked likely to head further south, at the time of writing. On the contrary, NEM exhibited a strong bullish trend in the near-term while Maker showed signs of bullishness as well. Stellar Lumens [XLM] Source: XLM/USD on TradingView The momentum was strongly bearish with...Read More
At the time of writing, Tezos was approaching its resistance level, but it might be unable to breach it as it was showing a bearish pattern over a longer time frame. NEM looked likely to bounce off its support and might be able to scale new highs in the coming days or even weeks. VeChain...Read More
