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Nalezeno "price analysis": 6216

BNB Faces Tough Resistance Near the $340 Mark!

17.8.2022
BNB is on the fourth positive swing since touching under the $200 mark for the first time since February 2021. The outlook of this token is a dependent factor on the performance of BNB’s decentralized projects and overall traction on the BNB token. BNB was born out of the need to compete with...

Ethereum (ETH) Fails to Stay Above the $2000 Mark!

17.8.2022
Ethereum has successfully defended its second spot and recently touched the $225 billion market capitalization. The expected merge of its blockchain towards the Proof of Stake validation process will ensure a less rewarding benefit for validators, but it is expected to reduce the transaction...

Bitcoin (BTC) Trades Near the Doors of Strong Resistance!

16.8.2022
With a strong transactional volume, Bitcoin has reached a market capitalization above $460 billion. The outlook for this token is quite dim since the price action hasn’t tested or breached any major resistance zone that other cryptocurrencies have breached already. Neither the 100 EMA curve...

Ethereum Classic on a Bull Ride; Will ETC Continue Its Rally?

12.8.2022
Ethereum Classic was born as a result of maintaining the original blockchain identity after the hard fork. Since the forked blockchain applied for a new trademark with the original name Ethereum and the token name Ether turned into ETH, Ethereum Classic was forced to take this name to showcase...

AMP Hits a Low of $0.008; Time to Sell AMP Holdings?

12.8.2022
The Flexa payments network developed AMP as a method of collateralizing and verifiable assurances that would allow other payments networks such as Flexa to secure transactions before working on them. This process enables more secure smart contracts and allows for consistent growth. AMP has lost...

Litecoin Reflects Retracement; Will LTC Record a Breakout Soon?

10.8.2022
Litecoin is a faster, more efficient, and lower gas fees costing blockchain that empowers users with seamless peer-to-peer transactions. The only reason LTC has failed to repeat the success of Bitcoin is its four times larger token volume. While the early launch of bitcoin allowed the token value...

Dogecoin Falls Short of 100 EMA; DOGE Continues Consolidation

10.8.2022
The first thing that started exciting investors with volatility and higher price action, Dogecoin, was a king of these things in 2021. With a 160x movement in the first four months of 2021, expectations were soaring high for DOGE. Alternatively, any holder would be a fool to continue expecting...

Uniswap Now Attempts to Breach the 200 EMA Curve!

10.8.2022
Uniswap has taken the right advantage of the call for decentralized protocols and exchanges in the crypto-world. By solving the liquidity crisis witnessed on centralized platforms, Uniswap has created a huge upside momentum for the UNI token. The ecosystem serves the dual purpose of offering...

Cardano Fails to Make a Breakout; Will ADA Sustain Consolidation?

9.8.2022
Cardano blockchain remains under consolidation despite outperforming its competitors. Buyers losing strength near $0.55 creates a scenario for dumping ADA tokens and making a quick buck. Even the moving averages have failed to incite buyers into testing the resistance. Since launching the smart...

Polkadot (DOT) Registers Tiff Between Buyers-Sellers!

9.8.2022
Polkadot ranks #10 in terms of market capitalization that is cumulatively worth a little below $10 billion, courtesy of the 4% profit booking witnessed on August 9, 2022. Despite holding stronger bearings, technicals have failed to incite buyers into taking action. The prolonged consolidation...

XRP Seems Bullish for the Short-Term: Will It Cross $0.5?

9.8.2022
Ryan Fugger conceived Ripple to make banking transactions easier, and now it is managed by a US private company, Ripple Labs. XRP is the native cryptocurrency of Ripple, and financial companies like banks and AMCs use it to make faster transactions possible. Each transaction runs and validates...

Loopring (LRC) Closes Towards a Breakout From the 100 EMA Curve!

8.8.2022
Loopring is a rather lesser-known blockchain that bridges the gap between the idea of working on a decentralized exchange. LRC is a utility-based token that addresses the shortcomings in the centralized exchange. Centralized exchanges settle the trades on internal records leaving it open...

Ethereum (ETH) Holds on to the $1.7K and 100 EMA Level Strongly!

8.8.2022
Ethereum, the number 2 blockchain, is headed to create a new peak value since the minor profit booking witnessed on July 28, 2022. Price action continues to witness some resistance at the $1780 levels, but buying sentiment has broken all records as RSI enters over-bought zones. The Ethereum price...

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