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Maker Reclaims the $1000 Mark; Is MKR Capsizing?


MKR is a governance token for Maker DAO and its protocol to issue and manage a DAI stablecoin. To your surprise, it is an ERC-20 token, and the Ethereum blockchain secures it. Maker is meant to support the DAI stablecoin, which is managed by its Maker DAO community with a soft peg to the US …

Dogecoin’s Third Attempt to Breach 50 EMA; DOGE Recovery Awaited!


Dogecoin shows a slight improvement in its price action as there is a slight gain in the last dip. Technicals were extremely bearish but have turned bullish with a swift positive trend. July 17 marked the beginning of a fresh bullish crossover, but this indication can soon turn negative without...

MATIC Surges Significantly in a Month: Bull Run or Trap?


The positive price action of MATIC seems to have emerged as the coin took a huge leap to project itself as the most competitive blockchain to challenge the dominance of the Ethereum blockchain. Polygon has now jumped to multiple levels reaching a much higher level of expectation as it...

Ethereum On a Great Move; Is It a Great Buying Opportunity in ETH?


Ethereum is the largest cryptocurrency still working towards addressing the market trends of low energy consumption and high transaction enabling blockchain. Shifting towards Proof of Stake could make ETH a truly revolutionary blockchain putting it out of reach from the likes. Experts project...

Cardano Faces the 50 EMA Curve; Will ADA Uptrend Begin?


Cardano has been among the popular blockchains with a Proof of Stake consensus mechanism, which is capable of bringing a positive change in the dominant ecosystem of the Ethereum blockchain. With fork after fork and progress on its annual roadmap, ADA is projected to continue on a growth...

Bitcoin Attempts Positive Breakout Above $22k; BTC’s Good Times Await!


Bitcoin, the market leader, directs the entire crypto market sentiment simply out of its sheer dominance. BTC is moving with a tremendous buying-focused scenario capable of putting it beyond the grasp of immediate resistances. There has been a huge spike in the last five days, which could turn...

Polygon Heads Towards a Breakout; Are Good Times Waiting for MATIC?


Polygon blockchain was originally developed as the layer-2 scaling solution for the Ethereum chain and is backed by Binance and Coinbase. Later renamed the Polygon network, its most prominent tool is the Polygon SDK which supports multiple different formats of applications. The attempts to simplify...

Avalanche Remains a Negative Outlook: Should You Buy AVAX?


Avalanche blockchain showcases a huge potential growth, but the price momentum of its AVAX token has declined by a significant margin. Avalanche, falling back closer to the pre-June breakout, it is trading at a high premium from the one-year prior support level. Breaching the $9 level would...

Dogecoin Is on a Long-Term Downtrend; Can Doge Begin the Recovery?


Dogecoin, the meme token king, supported by Elon Musk, is now beaten badly in terms of market capitalization but holds the 10th position. Its $7,990,935,861 market cap is based on above 95% of its net token supply in active circulation. With volumes taking a decent jump daily, investors expect...

TRON Stucks Near 50 EMA; Will TRX Breach $0.07?


TRON emerged from an ERC-20 blockchain to develop its network working on a delegated Proof of Stake. Initially, it was developed to address the ownership issue with digital content wherein creators were required to share their data with centralized organizations to ensure its connectivity....

eCash Returns to Aug 2021 Levels; Can XEC Reclaim Previous Highs?


eCash is the subsequent development of the Bitcoin Cash ABC that was forked away from the original Bitcoin & BCH. Bitcoin Cash came into existence after a split among the supporters of Bitcoin in August 2017. The split resulted in a 1:1 exchange value for each BTC. Thus, BCH supported...

AMP Reaches to Year Lows; Can It Bounce Back to All-Time Highs?


AMP token was suddenly a thunderous response after the first few months of mummed momentum since its release in September 2020. The spike in the first half of 2021 was legendary but now obvious as it was a good few months for the entire crypto markets. Unlike the major cryptocurrencies, AMP could...

Shiba Inu Fails to Retrace Back; Will SHIB Price Recover?


Shiba Inu has entered a consolidative price trend with an upper level near $0.00001216 and a lower level at $0.00000947. This small trading range can potentially project the future price action for Shiba Inu in the coming days. The SHIB’s fall has shaken investors who are now biting their nails...

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