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Polkadot Price Follows a Negative Trend: Will DOT Breakout?


Polkadot protocol has developed into an open-source multichain protocol that gets this funky name for securing a few networks of special blockchains or market leaders to facilitate cross-chain trades, asset transfer, and promote interoperability of blockchains with each other. Polkadot is working...

Algorand Lacks Buying Support; Will ALGO Come Out of the Trap?


Algorand blockchain still commands a decent market capitalization of $2,127,730,260, with just 69% of ALGO tokens in circulation. Despite its services surrounding smart contracts and decentralized applications using an iterated version of permissionless Proof of Stake to increase the transaction...

Solana (SOL) Faces Rejection From Its Resistance Again!


Solana blockchain has landed in a narrow consolidation zone with prices failing to breach important resistance levels based on its price action. In the current crypto market, real-life use cases of smart contracts are increasing in DeFi and dApps, with the majority using ETH’s smart contracts....

Bitcoin Cash Fails to Consolidate at 50 EMA; Can BCH Price Recover?


Bitcoin Cash is nothing but an evolved version of Bitcoin with increased transaction speed and relatively lesser transaction costs. A hard fork in Bitcoin led to an enhanced block size enabling BCH to accommodate high transactions with the possibility of micro-fees and privacy. By no means is BCH...

Litecoin Stucks at the Consolidation Zone; Can LTC Recover?


Litecoin currently ranks at the #20 position amongst the cryptocurrency leaders, with a market capitalization of $4,007,975,537 based on its circulation volume of 70,795,593.78 LTC tokens. Still, 16% of LTC tokens remain out of the circulation market. Litecoin was pronounced a brother to Bitcoin...

Stellar (XLM) Shows Reluctance to Scale Towards Its Resistance!


XLM is the native token of Stellar Lumens, an open-source, decentralized payment network that aims to build a fast and efficient payments system that can create dominance in the market. The primary advantage of Stellar is its use of XLM tokens as a transaction fee, which is kept minimum...

Chiliz Continues to Rise; Can CHZ Sustain the Recovery?


The most significant development helping to boost the outlook for digital asset sporting project Chiliz in 2022 is the launch of the Scoville testnet for Chiliz Chain 2.0. Chiliz seeks to combine the advanced Web 3.0 capabilities of high-profile sporting and entertainment firms to create NFT...

Uniswap (UNI) Recovers Significantly in the Last 30 Days!


Uniswap is a decentralized trading platform using Automated Market Making techniques. The understanding of blockchains being a decentralized ecosystem also raises questions about the existence of centralized exchanges for the trade of such tokens. Uniswap is a revolutionary step to curb citations...

Tezos May Show Positive Outlook If It Sustains the Current Trend!


Tezos has been a focused blockchain that is open-sourced and crafted in a method that allows it to evolve with the changing blockchain dynamics without depending on hard forks. Its growth-focused evolution with a higher dependency on Proof of Stake validation techniques will allow Tezos to advance...

Zilliqa Turns Bearish Again; Has ZIL Buyers Lost Interest?


Zilliqa rose to popularity for adding staking and yield farming features to its public blockchain. As of July 2022, the ZIL token is worth $529,010,561, with just 62% of its entire supply entering the liquidation. Ranking at 74th position, ZIL has projected a higher potential to accommodate smart...

Bitcoin Stumbles After a Marginal Recovery; What’s Next for BTC?


Bitcoin has been considered the mirror for the performance and growth of the cryptocurrency industry as a whole which is with a little over $1000 billion. Despite its dominance to the tune of 3x the market capitalization of Ethereum during its peak cycle, BTC now remains just 2.4 times. The current...

IoTeX Stuck in a Profit Booking Loop; Will IOTX Begin an Uptrend?


IoTeX is not your regular blockchain offering a host of digital services. Rather, it realizes the perception that blockchain can transform how machines interact with each other. In simple words, IoTeX allows blockchain technology to work on your machines and is not just limited to software. It...

Fantom Records Tremendous Spike; Will FTM Pump or Dump?


Fantom finds some turbulence in buying sentiment as subsequent rallies have incited holders to book profits. Price trends ended in positive gains for the past two days. Fantom witnessed a decent gain even on July 20, but the marginal gains were wiped off as profit booking sentiment overpowered...

Solana Technicals Looks Positive; Will SOL Witness the Bull Run?


The first thing that pops in your mind when thinking about Solana would be the huge price rise it made in 2021. This price action helped Solana jump several paces and find security in the top ten blockchains in terms of market capitalization. Solana is now worth more than $15 billion, with 72%...

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