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Nalezeno "Price Analysis": 6231

XRP faces resistance from 100 EMA; Outlook turns positive!

7.12.2022
XRP slips to the seventh spot as three stablecoins dominate the top 6 spots. Having declined 55% in the last year, even months’ movement has moved negatively. XRP has been a dominant force in applying its decentralized ledger technology, XRP ledger, for microtransactions, DeFi, and even...

Will Ankr regain the previous support level of $0.03?

7.12.2022
Ankr is a utility token that is used for staking, voting, or government purposes. The native token, ANKR, is also used as a payment method on the network. At the time of writing this post, Ankr trades at $0.0216, around the baseline of BB. Other popular technical indicators such as RSI and MACD...

Polkadot (DOT) crashes 92% since October 2021 peak value!

6.12.2022
Polkadot operates on the novel idea of connecting multiple blockchains to facilitate cross-chain transactions, which could later be upscaled as a web 3.0 technology, decentralized internet. Learning from the challenges of leading blockchains, Polkadot created its code, allowing it to be capable...

Ethereum initiates recovery, but sellers still await profit booking

6.12.2022
Despite maintaining a dominant stance in a smart contract and supporting the decentralized application, Ethereum has gained several competitors eyeing for better market position. The latest market value of $154 billion remains a mountain to be breached by low-value projects.  Crypto projects...

Solana (SOL) is likely to increase by around 50% once it crosses $70

6.12.2022
The technical chart shows a potential downtrend in the next few months, but many Solana enthusiasts expect a Santa Rally to regain the previous support at the end of this year. At the time of writing this post, SOL/USD is trading around $14, at least 50% down from its recent low ($30). In the last...

Stellar creates a downward flat bottom pattern; What next?

5.12.2022
Stellar Lumens (XLM) has become a new-age competitor in the financial transaction domain. XLM has peaked, but the market scenario showcases a decreasing demand for disruptive technologies. Stellar focuses on reducing the time and resources required for cross-border or inter-currency transactions. ...

Shiba Inu manifests a bull run: Price surge of more than 5%

5.12.2022
Shiba Inu is one of the tough competitors of Dogecoin. Both meme coins provided a good return in the last two years. At the time of writing this post, the SHIB price is trading around $0.000009, which has taken support around that level. After the FTX liquidity crisis, it has broken the previous...

Will Bitcoin SV (BSV) Cross the $50 mark in December?

5.12.2022
Bitcoin Satoshi Vision or Bitcoin SV is a popular cryptocurrency that closely aligns with the vision of Bitcoin creator Satoshi Nakamoto. At the time of writing this post, the BSV price is trading around $42.39 above the Bollinger Band’s baseline. Last month, it formed the yearly low of around...

Zilliqa is ready for an up move; Will ZIL break $0.03?

2.12.2022
Zilliqa helps in the linear growth of blockchain with sharding technology, making it one of the leading cryptocurrencies in the world with the native token ZIL. At the time of writing this post, Zilliqa is trading around $0.022, forming candles above the baseline of Bollinger Band that suggest...

FTM reached $0.25 with a 30% spike last week; What’s next?

1.12.2022
Fantom was built on the back of ICO funding by raising over USD 40 million in 2018. The advantage of this development was its core technology didn’t utilize the actual blockchain process but rather a more recent technology iteration as a Directed Acyclic Graph to provide smart contract services. ...

Bitcoin Cash (BCH) reaches close to 100 EMA curves!

1.12.2022
Bitcoin Cash is one of the most trending forks of Bitcoin that was created as an upgrade of the blockchain to cater to the new market needs. Bitcoin, in the initial days, was quite minor security and features. Since the Bitcoin blockchain was a proof of work since the beginning, the need to create...

Will Zcash (ZEC) Cross $50 before this December?

1.12.2022
Zcash has developed on the Bitcoin codebase but offers enhanced security and privacy for the users. It is one of the leading privacy-centric cryptocurrencies that have great potential to provide a better return in the long term. At the time of writing this post, Zcash is trading around $43.13...

Ethereum (ETH) tends to retest the support of $1075

29.11.2022
Ethereum is considered a benchmark for the market movement after BTC to ascertain whether it’s a good time to enter into cryptocurrencies or not. The volatile price action in ETH charts showcases a complex road ahead in the prospects. While smart contacts and the use of blockchain are on...

Solana tumbles to historical lows; outlook shows failing hype!

29.11.2022
Within a couple of weeks, Solana has tumbled from being ranked amongst the top ten cryptocurrencies with disruptive applications showcased as the ETH-killer. Considering the price action showcased in the previous year till 2021, the expectation from SOL was at an all-time high when it touched...

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