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Nalezeno "Price Analysis": 4981

Cardano Fails to Make a Breakout; Will ADA Sustain Consolidation?


Cardano blockchain remains under consolidation despite outperforming its competitors. Buyers losing strength near $0.55 creates a scenario for dumping ADA tokens and making a quick buck. Even the moving averages have failed to incite buyers into testing the resistance. Since launching the smart...

Polkadot (DOT) Registers Tiff Between Buyers-Sellers!


Polkadot ranks #10 in terms of market capitalization that is cumulatively worth a little below $10 billion, courtesy of the 4% profit booking witnessed on August 9, 2022. Despite holding stronger bearings, technicals have failed to incite buyers into taking action. The prolonged consolidation...

XRP Seems Bullish for the Short-Term: Will It Cross $0.5?


Ryan Fugger conceived Ripple to make banking transactions easier, and now it is managed by a US private company, Ripple Labs. XRP is the native cryptocurrency of Ripple, and financial companies like banks and AMCs use it to make faster transactions possible. Each transaction runs and validates...

Loopring (LRC) Closes Towards a Breakout From the 100 EMA Curve!


Loopring is a rather lesser-known blockchain that bridges the gap between the idea of working on a decentralized exchange. LRC is a utility-based token that addresses the shortcomings in the centralized exchange. Centralized exchanges settle the trades on internal records leaving it open...

Ethereum (ETH) Holds on to the $1.7K and 100 EMA Level Strongly!


Ethereum, the number 2 blockchain, is headed to create a new peak value since the minor profit booking witnessed on July 28, 2022. Price action continues to witness some resistance at the $1780 levels, but buying sentiment has broken all records as RSI enters over-bought zones. The Ethereum price...

Solana Makes Third Attempt to Breach $47.50; Will SOL Succeed?


Despite a consolidation-focused price action, Solana has maintained its upper limits, indicating a possible breakout scenario. Lower-ranking cryptocurrencies consistently take over the rankings for SOL during this tough consolidation phase. The earlier closely trading pair of SOL and ADA is...

Tezos (XTZ) Incites Buyers as It Maintains Consistent Uptrend!


Tezos can be described as an open source, secure and future-proof blockchain focused on operating smart contracts at a faster rate. Its advantage over other smart contract-focused blockchains is imbibed in its code, enabling Tezos to evolve and improve as per the market demands. XTZ holders have...

Fantom Eyeing Towards Immediate Resistance; Can FTM Breach 100 EMA?


Fantom has made its name in the smart contract economy because of its faster transaction time and cheaper transaction cost. From its launch in 2018 until 2021, Fantom was rather unpopular as major attractions were ETH, SOL, ADA, MATIC, and other leading smart contract operators. Such competition...

BNB Begins a Bull Run Post Taking Support From 100 EMA!


BNB seems to be a unique abbreviation for something signified by Binance Chain and Binance Exchange. The real meaning of BNB is Build and Build, which strongly showcases the intention of the Binance network to provide a blockchain for promoting scalability and faster transactions. As per the last...

Avalanche Creates a Negative Trendline; Will AVAX Breakout?


When it comes to potential replacements for Ethereum, in case the network supposedly goes dark, the names would include Avalanche. Its strong growth, higher transaction speeds, and lesser gas fees make it unique among the smart contract and dApps supporting blockchain. Having created different...

IOTA (MIOTA) Faces Stiff Resistance at the 100 DMA Curve!


Despite its scalability and faster transactions, IOTA isn’t considered a blockchain because there are none. Yes, IOTA doesn’t process transactions based on block size as there isn’t any concept of blocks. Rather, it uses a more advanced concept classified as a Directed Acyclic Graph....

Bitcoin Heads Towards Doom; Are BTC Sellers Winning the Battle?


Bitcoin showcased tremendous buying strength and potential during its recent push back from July 27. This action was short-lived as each attempt to breach key resistance levels based on previous pivot points and sellers are destroying the moving average. As its market capitalization nears USD...

XRP Stucks at 100 DMA But Showcases Strong Potential!


XRP token facilities streamline transactions and exchanges between two different currencies or networks with relative ease making it a far bigger competitor to VISA and Mastercard than any other blockchain. XRP doesn’t even use a blockchain validation process; rather, it depends on a distributed...

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