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VeChain Breaks Its Strong Support Levels: Downfall Certain


Power of blockchain revolutionizing supply chain management. The brainchild of Sunny Lu, who worked as an IT executive for Louis Vuitton in China, VeChain is meant to add a layer of transparency among the buyers concerning the change in the hands of their bought products. The idea sounded pretty...

Elrond (EGLD) Is on Its Way to Reclaim $300 Mark


When choosing a cryptocurrency network that works around Smart contracts and decentralized finance, EGLD is among the leading crypto networks that come to our mind. The native token of EGLD on the Elrond network is meant for rewarding its validators. Validators are rewarded with a 36% of annual...

Red September: Cardano (ADA) Loses $1 Value So Far!


Cardano (ADA) has created quite a complicated price action testing new levels on the upper end. But the downhill movement matches up to the positive up move that pushed the ADA price from $2 towards $3. The rally might be short-lived, but the positive scope is not limited by current profit booking....

TRON (TRX) Juggles Between Buyers and Sellers


TRON has positioned itself as one of the fastest transactions offering cryptocurrency, with the current levels providing as high as 2000 transactions per second. In addition, it broke the internet with the news of acquiring the file-sharing platform BitTorrent in 2018. Since that announcement, TRON...

Hold or Sell? Bitcoin Breaches Important Supports


Bitcoin was consistently taking support from its 200 DMA curve and attempting a fresh high in each swing. However, after the September 07 fall, the sentiment attached with Bitcoin has turned into a profit booking mode. This shift in sentiment adds to the already existing selling pressure,...

Ethereum Classic Finds Support at 200-Day MA Amidst Sharp Fall


Ethereum Classic has so far failed to trade above the strong resistance level it created in June 2021, even after four months. The level of $75 felt approachable during the second half of August 2021, but somehow the buying sentiment melted away. After getting two multiple rejections from...

Polygon (MATIC) Trades Flat Despite Higher Volumes!


Matic, since its inception in the year 2017, has undergone a lot of changes. From using the Ethereum network to run their operations to changing their name and launching their own blockchain, Matic has reached a new level of innovation. It uses a combination of the revered Plasma Framework...

Good to Buy? Zilliqa is Trapped in a Tight Consolidation


ZIL cryptocurrency has become a go-to destination for multiple decentralized applications, even supporting staking and yield farming. This permissionless crypto is capable of processing thousands of transactions per second. Being the first crypto to work on a shared network, the transaction speeds...

Maker is Close to a Massive Breakout If Support Fails!


Maker, the governance token for Maker Dao and Maker protocol, is key to manage the DAI stable coin. Dai intends to keep its value as close to $1 as possible and offers a great prospect for investing in a decentralized environment. Dai is hence called a stable coin that Maker Dao supports....

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