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Ethereum Faces Resistance at the 100 Ema: ETH Consolidation Awaits!


Ethereum is not just a blockchain or cryptocurrency but an essential aspect of cryptography that showcases transformation and evolution along the way of its growth. Understanding the changing dynamics, ETH has even prepared the layout to transition towards Proof of Stake to address the energy...

Chiliz Takes Support From Its 100 EMA: Will CHZ Uptrend Sustain?


Chiliz was developed as a currency to support and control socially enabled platforms. Blockchain-enabled cryptocurrency Chiliz has enabled gaming clubs and organizations to monetize their fan’s suggestions and opinions on specific aspects, creating value for themselves. Using Chiliz...

Avalanche Shows Bullishness; Can AVAX Move Out of Consolidation?


Avalanche is a relatively new blockchain with limited liquidity available in the markets, and this small availability makes it easier for buyers to manipulate the price trend. Of its total market capitalization of $6,726,270,126, only 39% of its 720 million tokens are available for trades. Of this...

Bitcoin Faces Resistance From 100 DMA; All Investors’ Eyes Are on BTC!


The changing economic conditions and control over the traditional currency system create the perfect growth sentiment for BTC’s acceptance. Bitcoin is the crypto king without a conflict; this statement explains the drive towards BTC as it hits new dips during a bear market. Enthusiasts expect...

Ethereum Attempts to Breach the 100 EMA; Can ETH Succeed?


Ethereum has now become profit and gains. Despite the ups and downs, the ETH price has returned to its previous peaks. This time it has gained tremendous price action from its June 2022 dip value of $883. The market capitalization of ETH has reached $204,925,177,350 and showcases a strong potential...

Zcash Trades Around Its Long-term Support; Is It an End for ZEC?


Zcash was one of the most promising and rising stars of 2021, but all of a sudden, everything turned sour as this blockchain now violates several regulatory laws, which don’t allow room for private transactions. Despite offering transaction data for audits and regulatory actions, Zcash doesn’t...

Will MIOTA Record Positive Breakout Despite Consolidation?


IOTA is a distributed ledger, relatable to Ripple, distinguishing itself from a blockchain. The in-house token for this ledger is called MIOTA. The way IOTA presents itself is not in the role of an altcoin but as an extension of the current blockchain technology. It works on the similar ethos...

BNB Inches Closer to Its 100 EMA; Is $331 a Next Target?


BNB token is the key to the entire BNB network that now operates on its self-developed Binance Smart Chain to accommodate faster cryptocurrency transactions and improve the efficiency of its trading platforms. Despite its huge declining market cap, BNB holds the #5 rank with a value surpassing...

Filecoin Lacks Investors’ Trust; Will FIL Price Soar Again?


Filecoin addresses a problem that could emerge in the future since cloud storage is a free service from most online technology companies, be it Adobe, Google, Facebook, Gmail, YouTube, or other tech firms. The storage of data in these firms is centralized, which can be accessed by these firms...

BitTorrent (BTT) Fails Badly to Cross Immediate Resistance!


Unlike the high flowing ERC-20 token that signifies Ethereum’s fungible token creation service, the BitTorrent platform created its cryptocurrency named BTT as a TRC-20 token. BitTorrent Foundation was acquired by the TRON foundation in 2018, after which the BTT was created and launched to...

Ethereum Classic (ETC) Price Rises Remarkably; Is It Any Trap?


Ethereum Classic has turned into a rocket after its sudden spike and strength in holding the resistance zones. The subsequent gains made in July so far were defended in three instances, showcasing a strong belief of buyers in ETC’s price trajectory, changing the expectations from consolidation...

Polkadot Price Follows a Negative Trend: Will DOT Breakout?


Polkadot protocol has developed into an open-source multichain protocol that gets this funky name for securing a few networks of special blockchains or market leaders to facilitate cross-chain trades, asset transfer, and promote interoperability of blockchains with each other. Polkadot is working...

Algorand Lacks Buying Support; Will ALGO Come Out of the Trap?


Algorand blockchain still commands a decent market capitalization of $2,127,730,260, with just 69% of ALGO tokens in circulation. Despite its services surrounding smart contracts and decentralized applications using an iterated version of permissionless Proof of Stake to increase the transaction...

Solana (SOL) Faces Rejection From Its Resistance Again!


Solana blockchain has landed in a narrow consolidation zone with prices failing to breach important resistance levels based on its price action. In the current crypto market, real-life use cases of smart contracts are increasing in DeFi and dApps, with the majority using ETH’s smart contracts....

Bitcoin Cash Fails to Consolidate at 50 EMA; Can BCH Price Recover?


Bitcoin Cash is nothing but an evolved version of Bitcoin with increased transaction speed and relatively lesser transaction costs. A hard fork in Bitcoin led to an enhanced block size enabling BCH to accommodate high transactions with the possibility of micro-fees and privacy. By no means is BCH...

Litecoin Stucks at the Consolidation Zone; Can LTC Recover?


Litecoin currently ranks at the #20 position amongst the cryptocurrency leaders, with a market capitalization of $4,007,975,537 based on its circulation volume of 70,795,593.78 LTC tokens. Still, 16% of LTC tokens remain out of the circulation market. Litecoin was pronounced a brother to Bitcoin...

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