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Tether Trades Around $1.00 with a Bearish Bias


Tether—the US Dollar pegged stable coin has taken over XRP’s position globally and is now ranked on the 3rd position in the market. Since USDT is a stable coin, it is likely to have its value around $1 and is currently trading at $1.0002. Moreover, it was in March when USDT was seen having a …

Blockstack Rises from the Recent Bottom; Trades at $0.203


Blockstack—one of the lucrative projects amongst the top 100 platforms of the crypto market is currently trading at $0.203. STX price hit the YTD high at $0.32 after gradual rise in price since the beginning of the previous month. However, it was just at the onset of the ongoing month when the coin...

Qtum Trades Below $3 with a Complete Bearish Crossover


Qtum—the Proof of Stake based smart contract platform is built on Bitcoin’s UTXO transaction and the native token is currently trading at $2.585 against the greenback. It was earlier in the year when the price crashed and hit an All Time Low around $0.70. In a period of 5 months, QTUM/USD...

TrueUSD (TUSD) Trades in Bearish Mode Below $1


TrueUSD is a US Dollar pegged stable coin and ranked amongst the top 50 cryptos of the market, holding a price movement around $1 with few intermittent candlewicks rise. TrueUSD is a provision of the TrustToken Platform, which has its partnerships with registered fiduciaries and banks that hold...

Steem Extends Towards Bullish Crossover; Yet Trades Below $0.20


STEEM, at the time of penning down this analysis, was seen trading at $0.182 against the greenback. STEEM price declined after a notable price consolidation until the beginning of the previous month when it reclaimed a 3-month height briefly. However, the currency lost all the farfetched gains...

Komodo Retrieves Gradually in the Intraday; Trades at $0.65


Komodo, at the press time, was trading at $0.658 after testing supports as low as $0.55 in the previous week against the US Dollar. The hybrid currency, including Proof of Work and Proof of Stake, marked a YTD high $1.0, while the current momentum shows a negative bias in the market. After...

THETA Regains the Lost Momentum; Trades Close to $0.50


THETA was seen trading with a positive move against the US Dollar and is currently trading at $0.492, slightly below the major resistance marked at $0.50. The token has definitely drawn a positive crossover in comparison to the previous week’s bearish movement around $0.40 after the steep...

ICON Extends the Bearish Run; Trades Below $0.45


ICON extends its negative bias in the market since the previous week, and alongside, as we end the first ten days of the ongoing month, the bearish crossover lingers. ICX, after having breached the 22-month resistance at $0.80, has gradually pulled back by over 45%. And with the downside correction...

Cosmos Trades Below $5.5 with Lack of Short-Term Support


Cosmos, one of the most lucrative platforms amongst the top 25 projects in the global crypto market that solves issues about scalability, usability, interoperability, and the most customizable blockchains. However, due to loss of momentum, the coin has hit supports as low as $4.5 in 2 weeks from...

Decred Dips Over 40% In 15 Days; Trades Below $15


Decred—one amongst the top 100 coins of the cryptocurrency market, is a hybrid of Proof of Work and Proof of Stake to make it a secure, adaptable, and sustainable medium of exchange. Decred aims at becoming a Decentralized Autonomous Organization aiming to extend complete security and privacy....

Holo Pulls Back Due to Lack of Traction; Trades at $0.000683


Holo—one of the decentralized blockchain platforms ranked amongst the top contenders of the market that uses peer-to-peer networking for consensus mechanism between users and processing agent-centric agreement. HOT token’s native platform aims to ease the file-sharing process on a decentralized...

Loopring (LRC) Trades Bullishly & Breaches 2-Year Resistance


Loopring is open-sourced protocol to give a high-level throughput. It powers highly scalable DEXs by batch-processing thousands of off-chain requests with completely correct executions through ZKPs. The native token of the decentralized exchange is one of the lucrative DeFi supporting cryptos...

0x (ZRX) After a Slight Decline Trades Bullishly Above $0.60


ZRX—a decentralized powering exchange is an open protocol that sanctions peer-to-peer exchange of assets on the Ethereum blockchain, built on 0x API holding $75 million of total volume with 713k transactions. 0x has been active with enticing lucrative projects, and with this, it has 22-month...

Compound (COMP) Draws a Parabola Growth Curve; Trades at $270


Compound, an algorithmic, autonomous interest rate protocol built for empowering the governance of its community, will lead to a mass upgrade of the protocol by the ecosystem built. The change in the dynamism of the protocol is done by COMP token holders, and then their delegates debate, propose...

Elrond Draws a Gradual Downtrend and Trades Below $0.020


Elrond—a tremendously modular, quick, and firm blockchain platform for distributed apps, enterprise use cases, and for the new internet economy records mainnet bootstrapping progress at stupefying speed. This advancement will lead to staking and delegation before the mainnet launch and functioning...

Ontology (ONT) Tests Major Support as it Trades at $0.85


Ontology, after breaching the 6-month resistance with constant strengthening after the major market crash in March, is currently trading at $0.857. ONT has been one of the stupefying altcoins and has been a gainer just at the onset of the year when the price rose above $1, as high as $1.09. On...

Ethereum Trades Above $400 With Complete Bullishness


Ethereum—the foremost and massive altcoin by market capitalization, ranked right after the king of cryptocurrency—Bitcoin is currently trading above $400. ETH coin with a complete bullish crossover on the daily chart rose as high as $469 in the ongoing month and is currently trading with a...

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