Ethereum found support at $1700 and rose higher with $2000 as its target. Aave threatened to drop toward $480 in the coming days, and Monero shot past the $200 mark with $220 the next level of resistance for the bulls to test. Ethereum [ETH] Source: ETH/USD on TradingView Ether broke out of an ascending triangle...Read More
Monero rose north of the 200-SMA on the price charts and projected a bullish trend, but stronger cues were needed to support a move above its most recent local high. IOTA and DCR flashed bearish signals at the time of writing, with both expected to move lower towards their respective support levels in the short-term....Read More
XRP projected rangebound movement as the dust settled in its market following a period of high volatility. XMR moved within a horizontal channel and the breakout did not seem imminent over the next few sessions. IOTA could depend on a broader market rally to climb above its local high. XRP Source: XRP/USD, TradingView XRP continued...Read More
Monero flipped the $143-resistance level, but a move above $148 was unlikely as the bullish momentum slowed down. IOTA registered rangebound behavior as trading volumes were weak. Even though DOGE was predicted to fall in the short-term, uncertainty shrouded its future trajectory. Monero [XMR] Source: XMR/USD, TradingView The market’s bulls regained the $143-price level as...Read More
XRP’s price recovered from the blow dealt by news of the SEC lawsuit on December 22 to trade at $0.56. Monero surged after exhibiting a bullish divergence while Basic Attention Token hovered above a level of support. XRP Source: XRP/USD on TradingView On December 22nd, XRP was trading at $0.53. News of the SEC lawsuit...Read More
Monero succumbed to yet another support level as the price moved below $134.4. Aave retraced from record levels, but the market still belonged to the bulls and the price could surge to fresher highs over the next few trading sessions. Finally, ENJ showed signs of a bearish pullback and a southbound move could see the...Read More
Chainlink surged past $24 but displayed bearish divergence, which could see LINK pullback to around $22. Monero struggled to recover from the past few weeks’ selling pressure while Ethereum Classic rose toward the $8 level of resistance once more. Chainlink [LINK] Source: LINK/USD on TradingView LINK breached its previous ATH at $20 two weeks ago...Read More
Monero, DigiByte, and OMG Network told pretty similar stories on the price charts. The bulls did not show they had the strength yet to effect a climb past their imminent levels of resistance. Monero [XMR] Source: XMR/USDT on TradingView The Fibonacci Retracement levels for XMR’s move north from $128 to $190 gave some important levels...Read More
Ethereum reached its two-year highs at $1440 but was unable to push past. Climbing above $1450 would set $1625 as a target for bulls while falling beneath $1290 could see ETH revisit the $1150 support level. On the other hand, Monero showed bearish momentum and was trading just above a crucial level of support while...Read More
Despite Bitcoin clawing back to regain the $36,000-mark, altcoins such as Monero, Ethereum Classic, and Dogecoin remained cautious and awaited further cues to make a definitive move on the charts. In fact, a bullish scenario could see XMR topple its present resistance and move towards $162.4. ETC showed bullishness, at the time of writing, but...Read More
Ethereum headed lower to a level of support at $1150, and if bulls are unable to defend this level, ETH could be headed to the $1000 region. Monero has been slipping lower on the charts over the past week, while DigiByte formed a descending triangle pattern and was poised for a breakout. Ethereum [ETH] Source:...Read More
Monero slipped from $173 to test the $149-level of support over the past few days and was trading at an important level as the market’s bulls and bears tussled for control of the market. IOTA formed a bullish pattern on the charts and could see a bullish breakout targeting $0.55. Finally, DigiByte noted some early...Read More
The price of Litecoin [LTC] was hit hard as the cryptocurrency market fell. The price plunged 27% within three hours from $170 to $124 but managed to recover in the past couple of days. At the time of writing, the coin was trading at $154 and was building higher. This was a trend seen across...Read More
Most of the cryptocurrency market struggled to register gains on the price charts after Bitcoin fell below the $36,000-mark once again. Following the world’s largest cryptocurrency’s lead, altcoins such as Litecoin, Monero, and DASH flashed red, with the direction of their near-term movement still far from certain. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin, the world’s...Read More
XRP ceded the crucial $0.3 level of support to the bears and was headed toward the $0.25 level of support. Monero was quite volatile as it saw a strong move upward followed by stronger selling pressure, and appeared likely to test the $150 level of support at the time of writing. Dogecoin’s period of consolidation...Read More
After touching $18, LINK cooled down as the bears attempted to take prices towards its immediate support. XMR gave mixed signals and its movement could depend on market leader Bitcoin moving forward while DOGE continued its consolidation between $0.011 and $0.008. Source: CoinStats At press time Bitcoin had fallen below the $40k level and was...Read More
Polkadot failed to break out of a bullish pattern and was headed back down toward the $9 mark, and could see a move as far south as $8 if Bitcoin or Ethereum experience some volatility. Monero rebounded strongly off the $130 support level and was knocking on the doors of $150 with intent. Ethereum Classic...Read More
Some of the market’s altcoins like Monero and Dash failed to recoup their losses after Bittrex’s delisting announcement last week. However, XMR and DASH weren’t the only ones as Ethereum Classic too projected a southbound move as the market bears sought control of the prices. Monero [XMR] Source: XMR/USD, TradingView Monero seemed to be reeling...Read More
XRP saw a bounce to $0.24 but slid back downward, while Monero would seek to not lose the $130 and $140 levels to the bears. Dogecoin was wildly bullish on the charts as it shot past $0.01 to reach $0.0139. XRP Source: XRP/USD on TradingView XRP saw a dead cat bounce off the $0.17 level...Read More
Bitcoin Cash formed a bullish triangle pattern on the chart and could see a move to the upside after testing the $326 level of support. Monero plunged on the news of delisting privacy coins on Bittrex, while IOTA traded within a range and lacked momentum toward either direction in the short-term. Bitcoin Cash [BCH] Source:...Read More
“The delisting of privacy coins from regulated exchanges was the inevitable escalation in government attempts towards totalitarian financial surveillance.”, Andreas Antonopoulos stated on Twitter, following the latest announcement from Bittrex. The Crypto exchange announced on Friday that it will be delisting Monero (XMR), Zcash (ZEC), and Dash (DASH) on Jan 15. While the Exchange did...Read More
Monero traded within a range, but the past few hours saw the price approach the $164 level of resistance once more. It has stayed above the mid-point of the range over the past week, which was a bullish development. Dash formed a scallop trading pattern that was not yet confirmed to be tradeable, while Augur...Read More
Christmas seems to have come bearing gifts for Bitcoin. Adding cheer to the festival celebrations, the world’s largest cryptocurrency scaled beyond the $27,000 price level over the past few days. As a result, the broader altcoin market has also been surging on the charts. The question now is – Will altcoins be able to sustain...Read More
Monero rose to touch its two-year high and was strongly bullish on the charts. Ethereum Classic approached the $6-level with strength, but it could be set to see some sideways trading within the $6-$6.15 pocket of liquidity. Dogecoin also recovered strongly from the latest drop and was likely to see further upside. Monero [XMR] Source:...Read More
Thanks to Bitcoin’s overwhelming market dominance, the altcoin market’s high correlation stats with BTC shouldn’t be unexpected. Despite Bitcoin maintaining its bullish position on the charts, many of the market’s alts haven’t quite replicated that movement, with the likes of Monero, Dash, and Augur moving in the opposite direction instead. Monero [XMR] Source: XMR/USD on...Read More
Inspired by Bitcoin’s recent price surge, altcoins Monero and Algorand shot higher along with the broader market, while Stellar went against the trend and registered a decline in price. Stellar Lumens [XLM] Source: XLM/USD, TradingView Unable to sustain the upward momentum set by Bitcoin’s price, Stellar has seen a volatile month of December. Last week...Read More
Cardano had a long-term bullish outlook as it traded above the mid-range after establishing and sweeping key highs and lows. Yet its short-term momentum was bearish, and a retest of the $0.149 support was likely. Monero dropped beneath a level of support and could head as low as $140 before the bulls step in. Basic...Read More
Monero traded within a range over the past week and while it lacked momentum in the short-term, its long-term outlook remained strongly bullish. Polkadot formed a bullish reversal pattern, one that could break out to see the price move towards $5.8, while Compound treaded water above the $152-support level to denote a phase of consolidation....Read More
The Bitcoin market reached an all-time high as it went past the $22k price level and due to Bitcoin’s high correlation with altcoins, most major alts such as XRP, Monero, and Dogecoin saw a strong surge in their respective trading price. XRP Source: XRP/USD on TradingView The XRP market had noted high volatility towards the...Read More
Monero showed bullish sentiment in the market over the past few weeks but also exhibited a bearish divergence that could see the price dip slightly. Cardano lacked buying volume in the market as it stayed afloat above the $0.15 level of support. Basic Attention Token retraced some of its losses but was unable to test...Read More
