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Here is why Bitcoin price gave back all its intraday gains
14.12.2022
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike
Avalanche (AVAX) attempts to breach the $14 upper band of its consolidation!
14.12.2022
Blockchains at the current time are being used for processing multiple different types of transactions. Processing all of them throughout the main blockchain can often lead to bottlenecks and lesser TPS. Avalanche handled such situations by creating three distinct chains, namely X-Chain,...
XRP regains the support of $0.4: Should you invest now?
14.12.2022
Ripple (XRP) is a digital asset built for global payments. At the time of writing this analysis, XRP/USD is trading around $0.39, which is a crucial level because, in the last year, it worked as a resistance and support for the short term. Between May-June, it was a support, and it broke the level...
Will Bitcoin (BTC) break out of the $17K mark?
14.12.2022
Bitcoin is a leading decentralized payment protocol with the highest market cap in the crypto industry. At the time of writing this post, BTC USD is trading below $18K, and it is one such cryptocurrency that has yet to regain the previous support after the fall of the FTX liquidity crisis in...
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
13.12.2022
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects
Ethereum Classic finds support from $18 for the short term!
13.12.2022
In the war, better good vs. better, Ethereum might have taken a giant leap with its movement towards proof of stake validation. While ETH simultaneously lost just 35%, Ethereum Classic’s price slipped by over 55%. The growing difference, even after the expectations that miners will be heading...
Bullish DASH is aiming toward $60: Should you invest now?
13.12.2022
Dash is a fork of Litecoin, which itself is a fork of Bitcoin. Dash’s name comes from the two phases, ‘Digital’ and ‘Cash.’ It aims to be a better version of both Litecoin and Bitcoin. There are many other privacy-centric cryptocurrencies, but features like Masternodes, PrivateSend,...
The Graph (GRT) continues the consolidation: Ready to hit $0.1
13.12.2022
The Graph is a leading platform that allows users to buy/sell cryptocurrencies with cards and bank transfers. It is a popular choice for crypto enthusiasts. Although it formed at a 52-week low last month, it is recovering well. At the time of writing this post, GRT/USD is trading around $0.066...
Bitcoin’s bear market is far from over, but data points to improving investor sentiment
12.12.2022
Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay
Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
12.12.2022
Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell
Polygon (MATIC) battles with $0.95: Is another drop coming?
12.12.2022
Polygon is a layer two scaling platform on Ethereum architecture. It combines the proof of stake and plasma framework to resolve the scalability issue that negatively impacts the blockchain industry. MATIC is the native coin of the Polygon network. While writing this analysis, the price of Polygon...
TON price crosses resistance: Should you invest for the next bull rally?
12.12.2022
Toncoin is a layer-one blockchain decentralized protocol that was used by Telegram. Later, it was taken over by TON Foundations and renamed ‘The Open Network.’ It was started in 2018, but since 2020, it has been developed by a non-commercial group of supporters and independent enthusiasts. ...
Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength
12.12.2022
BTC’s price range is tightening in preparation for a potential range expansion. Meanwhile, XMR, TON, TWT and AXS are maintaining their bullish momentum
Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
9.12.2022
Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events
BNB is facing consolidation near the 100 EMA curve!
9.12.2022
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burning tokens at repeated intervals. By December 2022, Binance has already burnt close to 20% of...
Ethereum strongly holds the support of $1200: What’s Next?
9.12.2022
Ethereum has been in the news this year because of its Merge upgrade. Crypto enthusiasts expect a rally because Ethereum has become the leading energy-efficient decentralized network that runs on a proof of stake consensus with a wide range of use cases. Only a few cryptocurrencies are less...
Bitcoin is short-term bullish: What should you do now?
9.12.2022
Bitcoin is the leading crypto coin in the world, which has slipped almost 75% from its all-time high. At the time of writing this post, Bitcoin is trading around $17,222, which is just above the 52-week low of $15,500. After the news of the FTX liquidity crisis in November, Bitcoin broke...
Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
9.12.2022
Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs
Cardano (ADA): The inspiration behind ETH’s PoS transition!
8.12.2022
Cardano was the first blockchain in the top 10 cryptocurrencies to utilize the power of proof of stake. While the principles and novel idea of implying proof of stake have differed in the past, the outlook for the token has remained under the Ouroboros protocol. The claimed energy efficiency isn’t...
Litecoin lacks a buying spree; Support remains relatively stronger
8.12.2022
Litecoin has been one of the most trending and user-application blockchains sourced from the Bitcoin code. LTC carries a rich history of development and growth that has allowed it to rank amongst the market leaders of 2022. Ranking at the 13th spot, LTC carries a relatively high market...