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Ethereum strongly holds the support of $1200: What’s Next?
9.12.2022
Ethereum has been in the news this year because of its Merge upgrade. Crypto enthusiasts expect a rally because Ethereum has become the leading energy-efficient decentralized network that runs on a proof of stake consensus with a wide range of use cases. Only a few cryptocurrencies are less...
Bitcoin is short-term bullish: What should you do now?
9.12.2022
Bitcoin is the leading crypto coin in the world, which has slipped almost 75% from its all-time high. At the time of writing this post, Bitcoin is trading around $17,222, which is just above the 52-week low of $15,500. After the news of the FTX liquidity crisis in November, Bitcoin broke...
Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
9.12.2022
Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs
Cardano (ADA): The inspiration behind ETH’s PoS transition!
8.12.2022
Cardano was the first blockchain in the top 10 cryptocurrencies to utilize the power of proof of stake. While the principles and novel idea of implying proof of stake have differed in the past, the outlook for the token has remained under the Ouroboros protocol. The claimed energy efficiency isn’t...
Litecoin lacks a buying spree; Support remains relatively stronger
8.12.2022
Litecoin has been one of the most trending and user-application blockchains sourced from the Bitcoin code. LTC carries a rich history of development and growth that has allowed it to rank amongst the market leaders of 2022. Ranking at the 13th spot, LTC carries a relatively high market...
TRON (TRX) price plunge may be on the horizon
8.12.2022
TRON is an open-source, decentralized protocol with a proof-of-stake consensus algorithm. TRX is a leading altcoin offering the TRON network convenience and flexibility. At the time of writing this post, TRX/USD is trading around $0.053. Candlesticks are forming in the baseline of the Bollinger...
Price analysis 12/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
7.12.2022
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels
Avalanche attempts to cross its long-term support of $13.35!
7.12.2022
Avalanche blockchain architecture and its use of X-Chain, P-Chain, and C-Chain has not only reduced unnecessary loads on each blockchain but resulted in a positive turnaround of the returns. The capability of processing 6500 transactions per second cannot be easily rivaled by any of the smart...
XRP faces resistance from 100 EMA; Outlook turns positive!
7.12.2022
XRP slips to the seventh spot as three stablecoins dominate the top 6 spots. Having declined 55% in the last year, even months’ movement has moved negatively. XRP has been a dominant force in applying its decentralized ledger technology, XRP ledger, for microtransactions, DeFi, and even...
Will Ankr regain the previous support level of $0.03?
7.12.2022
Ankr is a utility token that is used for staking, voting, or government purposes. The native token, ANKR, is also used as a payment method on the network. At the time of writing this post, Ankr trades at $0.0216, around the baseline of BB. Other popular technical indicators such as RSI and MACD...
Polkadot (DOT) crashes 92% since October 2021 peak value!
6.12.2022
Polkadot operates on the novel idea of connecting multiple blockchains to facilitate cross-chain transactions, which could later be upscaled as a web 3.0 technology, decentralized internet. Learning from the challenges of leading blockchains, Polkadot created its code, allowing it to be capable...
Ethereum initiates recovery, but sellers still await profit booking
6.12.2022
Despite maintaining a dominant stance in a smart contract and supporting the decentralized application, Ethereum has gained several competitors eyeing for better market position. The latest market value of $154 billion remains a mountain to be breached by low-value projects. Crypto projects...
Solana (SOL) is likely to increase by around 50% once it crosses $70
6.12.2022
The technical chart shows a potential downtrend in the next few months, but many Solana enthusiasts expect a Santa Rally to regain the previous support at the end of this year. At the time of writing this post, SOL/USD is trading around $14, at least 50% down from its recent low ($30). In the last...
Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst
6.12.2022
On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says
Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
5.12.2022
Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins
Stellar creates a downward flat bottom pattern; What next?
5.12.2022
Stellar Lumens (XLM) has become a new-age competitor in the financial transaction domain. XLM has peaked, but the market scenario showcases a decreasing demand for disruptive technologies. Stellar focuses on reducing the time and resources required for cross-border or inter-currency transactions. ...
Shiba Inu manifests a bull run: Price surge of more than 5%
5.12.2022
Shiba Inu is one of the tough competitors of Dogecoin. Both meme coins provided a good return in the last two years. At the time of writing this post, the SHIB price is trading around $0.000009, which has taken support around that level. After the FTX liquidity crisis, it has broken the previous...
Will Bitcoin SV (BSV) Cross the $50 mark in December?
5.12.2022
Bitcoin Satoshi Vision or Bitcoin SV is a popular cryptocurrency that closely aligns with the vision of Bitcoin creator Satoshi Nakamoto. At the time of writing this post, the BSV price is trading around $42.39 above the Bollinger Band’s baseline. Last month, it formed the yearly low of around...
Bitcoin price consolidation could give way to gains in TON, APE, TWT and AAVE
4.12.2022
If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains
Price analysis 12/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
2.12.2022
Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain