After last weekend’s crypto market correction, prices have been mostly trading sideways as Bitcoin continues to see strong support at $50,000. While the big cryptos are trading sideways, quite a few coins managed to see double-digit percent gains today. Tezos, in particular, gained over 33% in price in the past 24 hours, setting it as...Read More
Cardano highlighted an area at $0.86 to defend over the next few hours before it could make an attempt at $1 once more. Tezos climbed toward $4.25 and had the momentum to break past, while rejection would see it revisit $4. VeChain surged past $0.038 and targeted $0.046. Cardano [ADA] Source: ADA/USDT on TradingView Although...Read More
Tezos surged above the $4 mark and went past the previous all-time high at $4.44, which Tezos registered on August 13, 2020. Since registering an ATH back in 2020, XTZ had sunk into a downtrend that lasted well into November, where it found its bottom at $1.79. In December, Tezos attempted to climb past $2.4...Read More
BCH moved below its 200-SMA once again but the bulls were likely to overturn the bearish market moving forward. XTZ projected an upside at $3.42 after the indicators flashed bullish signals and BAT could rise above its August 2020 levels if the price moves north of $0.427. Bitcoin Cash [BCH] Source: BCH/USD, TradingView Bitcoin Cash...Read More
ADA countered bearish predictions over the past 24=hours and climbed to the fourth position in the crypto rankings on the back of buying pressure. Tezos might need an external boost to surpass its $3.5 local high while DOGE climbed to another record level. Cardano [ADA] Source: ADA/USD, TradingView Cardano invalidated any bearish indications to its...Read More
Despite many of the market’s altcoins registering gains on the price charts, cryptos such as Tezos, Ontology, and Verge exhibited some bearishness, at the time of writing. XTZ could shift towards the selling side if the price moves below the 20-SMA (light red). ONT presented the possibility of a southbound breakout, but the bulls could...Read More
Stellar Lumens climbed above its immediate resistance on the charts but the indicators did not favor an extended rally. Altcoins XTZ and DASH projected rangebound movement as there was a shortage of buyers in their market. Stellar Lumens [XLM] Source: XLM/USD, TradingView Stellar Lumens broke above $0.239 resistance after it witnessed some buying pressure over...Read More
Ethereum broke its ATH and showed signs of bullishness as it projected a target of $1632 to achieve over the next week. Tezos was in an uptrend but faced some resistance above the $3 region and Uniswap surged to $12.5 but could witness a pullback. Ethereum [ETH] Source: ETH/USD on TradingView For the move from...Read More
After weeks of bullish movement, it would seem that Bitcoin is finally consolidating on the price charts. Interestingly, due to the high correlation most of the market’s altcoins share with the world’s largest cryptocurrency – BTC, altcoins such as Tezos, BAT, and Zcash mirrored its movement. However, these cryptos didn’t do so equally, especially since...Read More
XRP moved within a thin channel and a breakout in either direction did not seem likely in the short-term. Tezos retested $2.84 support and eyed an upward move once again on the charts. ALGO’s price touched August 2020 levels, but a reversal seems quite likely given the overall sentiment. XRP Source: XRP/USD, TradingView XRP retested...Read More
Altcoins such as Tezos and Algorand were surging on the charts and eyed newer local highs, but the indicators suggested that a reversal could impact the prices soon. DASH projected upside as momentum was looking to shift towards the buyers. However, the extent of bullishness could be determined by the broader market. Tezos [XTZ] Source:...Read More
After the dust settled on the broader market after yesterday’s bloodbath on the price charts, altcoins such as Tezos, Ethereum Classic, and YFI gave mixed signals as buyers and sellers contested for market control. A definitive change in market leaders BTC and ETH’s movements could dictate the near-term future of the aforementioned altcoins over the...Read More
Litecoin showed strength in recent days as it rose convincingly past $170, but it exhibited a bearish divergence and could pullback to test the $174 mark. Tezos appeared likely to flip the $3 level to support, while Dash broke past multiple levels of resistance on a single 4-hour candle. Litecoin [LTC] Source: LTC/USD on TradignView...Read More
Ethereum saw a pullback after reaching a local high of $747. Tezos broke out of a triangle pattern but was forced to revisit a level of support, while Dash witnessed increasing selling pressure in the short term. However, it formed a bullish pattern on the charts, and conviction from the bulls could see its price...Read More
Bitcoin’s rising market dominance meant potential trouble for the altcoin market against USDT, even as the alts bled out against BTC. Tezos slipped under a crucial level of support and it could post further losses in the coming days. Ontology registered a bearish divergence and it could be set to visit $0.42-lows. Enjin approached the...Read More
Although BAT, XTZ, and EOS had been under strain during the month of December, prices picked up pace over the past few trading sessions which painted a picture of optimism for the altcoins. Basic Attention Token [BAT] Source: BAT/USD, TradingView While BAT’s price tried to gain momentum since mid-December after a difficult start to the...Read More
Chainlink and Tezos broke out of a descending channel more than a week ago but were unable to sustain the bullish momentum. Tezos even failed to achieve its breakout target as bears steadily drove prices lower, and had the upper hand at the time of writing. Dogecoin saw a strong surge a few days back...Read More
Bitcoin SV was bearish in the market and could be headed down to $150 in the coming days. Tezos confirmed a bullish reversal, but the $2.24 resistance was too strong for the bulls to overcome. IOTA could be set to tread water in the vicinity of $0.29 in a period of consolidation. Bitcoin SV [BSV]...Read More
Bitcoin visited $17,600 and rebounded to $18,300 at the time of writing. The altcoin market followed Bitcoin’s price movement over the past few hours. Tezos tested support at $2, and FTX Token saw a decline to $4.08 before bulls pushed the price upward to $4.27. Crypto.com Coin appeared to resume the previous bearish trend that...Read More
The Crypto Fear and Greed Index stood at 95 for the day as Bitcoin traded at $19,041, at press time. Tezos formed a bullish reversal pattern that was yet to be confirmed, while Neo was likely to head back lower to a level of support. Finally, Aave was trading within an ascending channel and a...Read More
Ethereum rose to $600 once more, and the altcoin market responded positively to ETH’s rise in the past few hours. Binance Coin and Tezos registered gains, however, Tezos lacked trading volume. Basic Attention Token stalled beneath a level of resistance at $0.24, also on low trading volume. Bitcoin was likely to have a strong influence...Read More
Bitcoin Dominance stood steady at around 63% even as Ethereum and the altcoin market posted gains over the past few days and matched Bitcoin’s performance. Longer-term analysis pointed toward a possible pullback to $400 for Ether, while in the short-term ETH could see the $580 region retested as support. Tezos was trading within an ascending...Read More
Bitcoin Dominance remained steady at 62.87%, at press time, but Ethereum instilled some courage in the altcoin market bulls after its hike that took it past $550. Tezos and Augur noted some short-term bullish momentum over the past few days, while Verge did not see either the buyer or the seller side seize the initiative...Read More
The market cap of all cryptocurrencies was valued at $513.7 billion, and Bitcoin commanded a 62.92% share of that valuation. Although Bitcoin Dominance has fallen in recent days, it has been in a steady uptrend since early mid-September. Ethereum boasted a $59 billion market share, a number that can be expected to rise in the...Read More
Bitcoin Dominance continued to plummet on the charts, with the same noting a figure of 64.94%, at press time, down from 67.91% a few days ago. Further down the crypto-ladder, while Tezos enjoyed a breakout and tested a level of resistance, Verge posted gains and flipped a level of resistance to support, indicating that it...Read More
Bitcoin’s Dominance had fallen to 66.36% at press time, having reached a high of 67.6% a few days ago. Thanks to BTC’s recent performances, it could be a Bitcoin-dictated show for many more days, before attention and capital can be diverted to the altcoin market. Further down the crypto-ladder, Tezos registered a bearish divergence and...Read More
Tezos, IOTA, and BAT have all shown negative returns from October to date; Tezos [XTZ] has the least negative return in comparison with a -7.99% return as of this writing. Following Tezos is IOTA with a -11% return and BAT has a -18% return for the same time period. The altcoins have been brutally beaten...Read More
Bitcoin had nothing but thin air above it to reach ATH, while Ethereum was trading above $480 once more, with $500 a level it has not been above since mid-2018. Tezos saw strong interest from buyers in the past week, while Compound appeared to be recovering from the last two months’ heavy losses. Ethereum [ETH]...Read More
Bitcoin was trading just under the $16,000-level, having not yet offered a significant pullback for traders and investors to buy as it thundered past the $13k and $14k-levels. Tezos formed a bearish pattern that projected a near 10% loss for the coin in the coming days, while Decred made massive gains recently. Augur also formed...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
