At the time of writing, XRP was projected to maintain its ascension as buying activity picked up on the charts. On the other hand, Algorand moved lower after a bearish marubozu candlestick formed on its 4-hour chart. Finally, Zcash was tipped to flip the $125.6-resistance on the back of strong bullish signals. XRP Source: XRP/USD,...Read More
LINK moved within a descending channel and the direction of a potential breakout was not clear at the time of writing. ATOM projected more upside moving forward as the indicators flashed bullish signals while ZEC moved within a fixed channel and awaited further cues from the broader market. Chainlink [LINK] Source: LINK/USD, TradingView Chainlink lost...Read More
On the back of Bitcoin and Ethereum’s performances since the 28th of January, the altcoin market has surged. Bitcoin is currently trading at $37,641 with a 24-hour trading volume of $43 billion. Source: CoinStats For the markets altcoins, the surge was not uniform in any way, the likes of Chainlink, Cosmos, and Zcash have all...Read More
Bitcoin SV was projected to move within its range and a break above the $183-resistance level did not seem likely. On the contrary, BAT traded within its parallel channel and a breakout seemed imminent over the next few trading sessions. Finally, ZEC managed to rise above its upper trendline, but the price could reverse its...Read More
Binance Coin was trading within a restricted channel and it awaited further direction from the broader market for a breakout. SNX flipped the $17-resistance level, but the indicators suggested that bullish momentum was slowing down. Finally, ZEC moved closer to its 200-SMA and a fall below that level would confirm a bear market trend. Binance...Read More
After Bitcoin forfeited the $33,000-mark, altcoins such as Stellar Lumens, Cosmos, and Zcash moved within a range and awaited further signals from the market leader to make a stronger move on the charts. Stellar Lumens [XLM] Source: XLM/USD, TradingView Stellar Lumens moved within the tight channel of $0.28 and $0.26 as trading volumes remained subdued...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
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
As the price broke out due to a surge in the Bitcoin market, many altcoins mirrored its movement and posted gains. Major altcoin, Binance Coin [BNB] has already been providing good returns to the investors, but other crypto assets were unable to break out of the dull market. Binance Coin [BNB] Source: BNBUSD on TradingView...Read More
Bitcoin Cash bounced between the $450 and $520 regions as neither buyers nor sellers were able to assert their dominance in the market. Zcash faced some short-term bearishness as it headed toward the $100 region of support, while Decred shrugged off last week’s drop and looked likely to flip the $60 level to support. Bitcoin...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
Ethereum’s losses were sustained at the $1,042-level as the market’s bulls stepped in and eased the selling pressure. At the time of writing, the strong resistance level at $1,139 was restricting ETH’s price, but the momentum could shift if the price manages to topple the upper ceiling. On the contrary, altcoins such as Zcash and...Read More
After a correction in the world’s largest cryptocurrency forced Bitcoin towards the $34,000 mark, the broader altcoin market followed suit and declined on the charts. Altcoins LINK and BSV succumbed to the fall and fell below multiple support levels. On the other hand, ZEC managed to give positive returns in a turbulent market but showed bearish...Read More
XRP appeared to have reversed its month-long downtrend, but since many exchanges are set on delisting the cryptocurrency over the next few weeks, some selling pressure may be incoming. Tron registered a sharp move to the upside and tested the resistance at $0.03, while Zcash noted consistent selling and was unlikely to rise past $71....Read More
After Bitcoin retraced some of its gains over the last 24 hours, altcoins like BAT and Zcash followed suit and suspended their own northbound movement, entering a consolidation phase on the price charts. Finally, Litecoin was projected to move slightly lower on the charts too. Litecoin [LTC] Source: LTC/USD, TradingView Litecoin picked up steadily on...Read More
Litecoin was quite bullish on the charts as it targeted a move past $140, but Zcash and Compound lost a level of support to selling pressure and could see further downside in the coming days. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin was trading at $139.57, right atop the $139 level of resistance it was...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
Ethereum and Bitcoin posted some losses over the past few hours and many altcoins did as well. Bitcoin Cash formed a bearish divergence and slipped beneath a level it had sought to flip to support, and IOTA has seen rising selling pressure over the past few days. Zcash approached a pocket of liquidity with bearish...Read More
Bitcoin rose above $27,000 on the 27th of December and it was trading at $27,597, at press time. Tron registered some gains over the past couple of days, but its recent losses reinforced bearish pressure on the market. Algorand met consistent selling volume and could be heading back downwards, while Zcash could be poised to...Read More
Among the likes of Litecoin, Steem, and Zcash, LTC seemed to be the only alt holding up as its 2-month returns stood at a staggering 126% at press time, while the rest were in negative territory. With the alt season on its way, these altcoins might see some positive changes in their price soon and...Read More
The altcoin market took a bit of a beating over the past few hours as many large-cap coins turned red on the charts. Bitcoin Dominance rose to show 68.68% at the time of writing, Ethereum saw a rejection at $640 in recent hours and was likely to test the $583 level of support. Zcash was headed...Read More
The altcoin market did not move as a unit. In fact, while some large-cap coins such as Litecoin saw huge gains and EOS, NEM registered strong performances across the board, Zcash underlined short-term bearishness. EOS Source: EOS/USDT on TradingView EOS formed a falling wedge, one that broke out above the $3-level of resistance, and at the...Read More
As the value of Bitcoin went past $20k, many of the market’s altcoins were also seeing their price rise on the charts. The performance of Litecoin, Zcash, and Compound did not witness major uptrends but registered positive gains. Litecoin [LTC] Source: LTC/USD on TradingView The Litecoin daily chart indicated the sideways movement of the digital...Read More
Ethereum has been trading just beneath the $600 mark over the past few days. This sideways movement was reflected in the altcoin markets as well. Bitcoin Cash and Tron traded with very little vertical momentum on the charts in the past week. Zcash did not see good buying volume even as it defended a level...Read More
Bitcoin fell after breaching its ATH and this volatility caused many altcoins to drop on the charts. Litecoin had a bullish short to medium-term outlook but appeared to form a bearish reversal pattern on the daily timeframe. Cosmos appeared to be headed toward $5 support once more, and Zcash also sought a level of support...Read More
The altcoin markets appeared ambivalent in the short-term, at press time, after registering a sharp drop followed by moderate recovery on the charts. XRP held steady over a level of support and its recent pullback was not enough to change the bullish outlook for XRP on the longer timeframe. Zcash sent some mixed signals while...Read More
The cryptocurrency market cap stood at $566 billion as Bitcoin and Ethereum saw demand and prices increase. Many large-cap altcoins also performed extremely positively in the past week. Cosmos and Zcash experienced a pullback and were ready to rise toward its resistance once more. Ethereum could lead the altcoin market once more with its remarkable...Read More
Many of the market’s large-cap altcoins followed Ethereum’s lead as they posted gains on their own price charts. In fact, ETH’s breach of $500 could catalyze a quick surge for the alts strongly correlated with the world’s largest altcoin. Augur, on the contrary, was trading underneath an important level of resistance, one it has tried...Read More
Bitcoin’s price performance over the past week seemed to have a uniform effect across most of the crypto-market after altcoins like EOS, Zcash, and Tron rallied across the board. At press time BTC was being traded at $17,675 with a trading volume of $26.7 billion. Source: CoinStats While corrections had already started setting in at...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
