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Ethereum strongly holds the support of $1200: What’s Next?


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?


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...

Cardano (ADA): The inspiration behind ETH’s PoS transition!


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


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


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...

Avalanche attempts to cross its long-term support of $13.35!


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!


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?


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!


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


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


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...

Stellar creates a downward flat bottom pattern; What next?


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%


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?


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...

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