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Chainlink (LINK) Holds Uptrend Potential With 200 DMA Resistance


Chainlink was launched recently in the year 2017 to bring smart contracts to a globally approachable platform. The central aspect that differentiates it from other cryptocurrencies is the use of an Oracle, which is a bridge between the existing cryptic platforms and the outside world...

Wormhole Adds Binance Smart Chain Support to Network Bridge


During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team...

Litecoin Closing Towards the Important Level of 200 DMA


Litecoin has been less known as a popular cryptocurrency in 2021 after being dethroned by new cryptocurrencies offering better security and privacy. After Bitcoin, LTC is among the oldest cryptocurrencies, tracking its roots back to 2011.  As of October 2021, LTC ranks at the 15th position and...

Dogecoin Fails to Breach the 200 DMA Resistance!


Dogecoin has marked a quick progression from being an underrated cryptocurrency with the meme theme of a dog to becoming an inspiration for other meme cryptocurrencies. DOGE holds a market capitalization of over $32 billion and currently places at the 9th position. Consistent profit booking...

VeChain (VET) Is Close to Reclaiming Its 200 DMA Curve!


VET token is finally on its way to reclaiming its previous consolidation level after falling steeply to the $0.08 level breaking its immediate support levels. The selling pressure was so strong that it didn’t consider the 200 Days moving average as a support level. After getting stuck around...

Solana on Its Way to Reclaiming the Psychological Level of $200


Solana has claimed its fame in the decentralized application development zone with a furious takedown of the monopoly captured by ETH blockchain and its supporting cryptocurrency. Furthermore, not being bottlenecked by scalability issues, SOL has undertaken the consensus of Proof of history...

Polkadot Takes Support From Its Moving Average of 200 Days


The blockchain network being called Polkadot has shortened the cryptocurrency name to just DOT. Currently trading at just 20% below its recent highs of $39.31, Polkadot has the potential to multiply its market value and make a new all-time high in the near term. As of now, the price action is...

Bitcoin Trims Losses Ahead of Major Options Expiry


recovered from its overnight lows of USD 40,200, with a large bullish “wick” now visible in the daily chart as evidence that dip buyers arrived to bid the price higher.Following yesterday’s selling, a summary of the situation from crypto derivatives exchange Deribit also gave some traders ho

Bitcoin and Ethereum Respond To Key Support Levels


heavily. ETH dropped below the USD 3,200 and USD 3,000 support levels. XRP declined almost 4% and it even tested the USD 0.880 support zone. ADA spiked below USD 2.00 before correcting higher.Total market capitalizationSource: https://www.tradingview.comBitcoin priceAfter a close belo

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...

Analysts Urge Caution as Golden Cross Appears in Bitcoin Chart


over the 200-day moving average, the rare but popular signal again appeared on the bitcoin chart between Tuesday and Wednesday this week.BTC/USD golden cross (blue circle) and death cross (red circle). Source: TradingViewThis week’s golden cross comes after bitcoin in June printed a ‘death c

Bitcoin, Ethereum and Altcoins Struggle to Recover


the USD 3,220 and USD 3,200 support levels. XRP extended its decline below USD 1.05 and it is struggling to stay above USD 1.00. ADA is down 8% and it broke the USD 2.40 support.Total market c

CoinFLEX Announces Its Major Milestones of 2021


PRESS RELEASE. Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering high of $3 billion USD daily trading volume with Open Interest over $200 million dollars. The increase in trading volumes and market liquidity are indications...

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