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Nalezeno "Price analysis": 6232

Shiba Inu faces rejection from sellers: Can SHIB turn bullish?

22.12.2022
According to the latest data, Ethereum whales dumped more than 72.4 billion SHIB coins overnight, but SHIB remains on the top ten list of the Ethereum whales’ holdings. SHIB coin was created to compete with the highly successful Dogecoin. Both are meme coins and do not have strong...

VeChain close to its $0.010 support: Can VET bounce in 2023?

22.12.2022
VeChain is a decentralized model that manages supply chains for corporate houses. VeChain is a fundamentally strong and sustainable cryptocurrency, so many enthusiasts add it to their portfolios as an asset. At the time of writing this post, VET was trading around $0.016, forming a bearish pattern...

Ethereum attempts to overcome selling: What’s next for ETH?

21.12.2022
Ethereum brings the idea of change and the change-making potential of its progressive blockchain. The movement for its blockchain cryptocurrency ETH might have taken a back seat in 2022, but the outlook compared to its competitors, such as SOL, ADA, and others, is pure gold. Transition validation...

XRP fails to end consolidation near 100 EMA repeatedly!

21.12.2022
In December 2022, someone mentioning XRP immediately thinks about the update on its SEC lawsuit. While there have been some legal complications made aware to the public, the resulting movement for XRP shouldn’t be affected by the same. XRP has been working as a decentralized ledger, but there...

Bitcoin (BTC) continues consolidation in hopes of a breakout!

21.12.2022
Bitcoin might be considered a digital gold or a broader representation of the functioning and growth of the cryptocurrency industry. In reality, the idea that something digital can hold weight is based on supply and demand dynamics. If enough people say it’s worth $100,000, it would surely...

Cosmos tanks close to 50%: Can ATOM end the negative action?

20.12.2022
Tendermint has been the greatest contribution of Cosmos blockchain to the cryptocurrency world which is now close to an 810 billion strong market. Even during the rainy negative season for crypto, Cosmos has been able to become a base of protocol operations for 100s of blockchains. A majority...

Compound heads towards its support of $27: Will COMP revive?

20.12.2022
The Compound was founded by economists Robert Leshner and Geoffrey Hayes and is a decentralized protocol. It is developed on a system of accessible smart contracts on the Ethereum blockchain that allows a system of borrowers and lenders. It acts as a middleman with modern technology at...

IOTA tests support of $0.15: Will MIOTA fall below April 2020 low?

20.12.2022
Even the first three letters of IOTA indicate the most utilized technology of the 21st century, the IoT or the Internet of Things. Even somebody who is unaware of this token would easily be able to associate its relevance with IoT technology. Launched in 2017 with a super returning ICO, IOTA took...

Zilliqa continues its downtrend rally: Time to sell ZIL?

19.12.2022
Lately, major cryptocurrencies are being redlined and delisted for fear of a possible scam. Despite its downtrend movement, Zilliqa continues to be listed across the major exchanges. With market capitalization ranking from $4 billion to under $300 million hostile, price action will not recede...

Will Dogecoin (DOGE) break the long-term support of $0.05?

19.12.2022
Dogecoin is a leading meme coin that has provided good returns in the last two years, but now it is consolidating around the short-term support of $0.07. At the time of writing this post, DOGE was trading around $0.0777. In the last 24 hours, Dogecoin has been down by more than 2%, and candlesticks...

ALGO registers high selling pressure: Should you hold ALGO?

19.12.2022
At the time of writing this post, Algorand was trading around $0.18, forming a downtrend even for the short term after breaking support around $0.3. In the first week of October, ALGO reached a high of $0.45. After the FTX liquidity crisis, Algorand changed its momentum and dropped its value last...

BNB hits the support of $250! Will it correct further?

16.12.2022
Binance has been at the forefront of blockchain and cryptocurrency transformation since its emergence in the top cryptocurrencies. Leaving aside the prospects and fundamentals of this crypto, we can find a growing crypto and payments market even without the leading players.  As BNB is involved...

ADA price analysis: Cardano is continuing the downtrend

16.12.2022
Cardano is a strong competitor of Ethereum with more flexibility, sustainability, and scalability for running smart contracts for decentralized finance apps, gaming, tokens, and more. At the time of writing this post, ADA/USD is trading around $0.3, which broke the previous support level of $0.45...

Will Kusama (KSM) help to expand Polkadot?

16.12.2022
Kusama offers a public pre-production environment before releasing Polkadot projects on the network. It works as a sandbox for the developers and offers different facilities for testing before finalizing the design for Polkadot projects. KSM is a native coin of this network used to pay gas fees....

Solana tumbles 50% over the last month: Will SOL regain $30?

15.12.2022
Solana is a fast, scalable dApps and trading platform which can process up to 60K transactions per second. At the time of writing this analysis, SOL/USD has plunged 50% from its support of $30 after the FTX liquidity crisis. Now, it is trading around $14.19, forming support in the lower Bollinger...

TRON is likely to regain its previous support of $0.06

15.12.2022
At the time of writing this technical analysis, TRON is trading around $0.055, which formed the yearly low of around $0.045 last month after breaking the previous support of $0.06. It is interesting to note the volatility between November 8-11. The daily chart observed much volatility that suggests...

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