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Nalezeno "price analysis": 6216

Solana Makes Third Attempt to Breach $47.50; Will SOL Succeed?

8.8.2022
Despite a consolidation-focused price action, Solana has maintained its upper limits, indicating a possible breakout scenario. Lower-ranking cryptocurrencies consistently take over the rankings for SOL during this tough consolidation phase. The earlier closely trading pair of SOL and ADA is...

Tezos (XTZ) Incites Buyers as It Maintains Consistent Uptrend!

5.8.2022
Tezos can be described as an open source, secure and future-proof blockchain focused on operating smart contracts at a faster rate. Its advantage over other smart contract-focused blockchains is imbibed in its code, enabling Tezos to evolve and improve as per the market demands. XTZ holders have...

Fantom Eyeing Towards Immediate Resistance; Can FTM Breach 100 EMA?

5.8.2022
Fantom has made its name in the smart contract economy because of its faster transaction time and cheaper transaction cost. From its launch in 2018 until 2021, Fantom was rather unpopular as major attractions were ETH, SOL, ADA, MATIC, and other leading smart contract operators. Such competition...

BNB Begins a Bull Run Post Taking Support From 100 EMA!

5.8.2022
BNB seems to be a unique abbreviation for something signified by Binance Chain and Binance Exchange. The real meaning of BNB is Build and Build, which strongly showcases the intention of the Binance network to provide a blockchain for promoting scalability and faster transactions. As per the last...

Avalanche Creates a Negative Trendline; Will AVAX Breakout?

4.8.2022
When it comes to potential replacements for Ethereum, in case the network supposedly goes dark, the names would include Avalanche. Its strong growth, higher transaction speeds, and lesser gas fees make it unique among the smart contract and dApps supporting blockchain. Having created different...

IOTA (MIOTA) Faces Stiff Resistance at the 100 DMA Curve!

4.8.2022
Despite its scalability and faster transactions, IOTA isn’t considered a blockchain because there are none. Yes, IOTA doesn’t process transactions based on block size as there isn’t any concept of blocks. Rather, it uses a more advanced concept classified as a Directed Acyclic Graph....

Bitcoin Heads Towards Doom; Are BTC Sellers Winning the Battle?

4.8.2022
Bitcoin showcased tremendous buying strength and potential during its recent push back from July 27. This action was short-lived as each attempt to breach key resistance levels based on previous pivot points and sellers are destroying the moving average. As its market capitalization nears USD...

XRP Stucks at 100 DMA But Showcases Strong Potential!

3.8.2022
XRP token facilities streamline transactions and exchanges between two different currencies or networks with relative ease making it a far bigger competitor to VISA and Mastercard than any other blockchain. XRP doesn’t even use a blockchain validation process; rather, it depends on a distributed...

Cardano (ADA) Awaits Strong Breakout to Move in a Positive Direction!

3.8.2022
Cardano is currently ranked 8th amongst the leading cryptocurrency market capitalizations. With its huge valuation being limited, ADA requires a huge buying trend to reach its previous all-time highs witnessed in August 2021. Cardano blockchain showcases immense possibilities in replacing exchange...

TRON (TRX) Maintains a Slow and Steady Upscaling Movement!

3.8.2022
The first thought behind developing a decentralized platform under TRON was to throw away the intermediaries in the form of content-sharing platforms such as Meta, Instagram, Facebook, and YouTube. Creators here aren’t able to take full benefit of their developed creative products because of...

PancakeSwap Shows Consolidation; What Does Future Hold for CAKE?

2.8.2022
CAKE token is more of an exchange token also used for governance purposes. The ranking of #76 position is merely based on its in-circulation supply of CAKE tokens, which is 19% of its total supply. PancakeSwap has a total value locked (TVL) of $3,088,813,752, but the market cap is limited to just...

Filecoin Takes Support at 100 MA; Will FIL Target a Strong Bull Run?

2.8.2022
The recently posed outstanding rallies of double digits in July end have left a majority of crypto enthusiasts in dismay. News says Filecoin Foundation has partnered with the Harvard University Library Innovation Lab (LIL). The LIL of Harvard University will be researching the possibilities...

Polygon Fails to Sustain $1 Price; Can MATIC Attract New Buyers?

2.8.2022
MATIC’s name change has merely affected the name of the blockchain, but the actual token name remains MATIC. Polygon utilizes the scaling, infrastructure, and validation process of the Ethereum blockchain to develop a multiple-chain system, enabling developers to enjoy a full-fledged framework...

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