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Nalezeno "price analysis": 6216

Litecoin Stucks at the Consolidation Zone; Can LTC Recover?

25.7.2022
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...

Stellar (XLM) Shows Reluctance to Scale Towards Its Resistance!

25.7.2022
XLM is the native token of Stellar Lumens, an open-source, decentralized payment network that aims to build a fast and efficient payments system that can create dominance in the market. The primary advantage of Stellar is its use of XLM tokens as a transaction fee, which is kept minimum...

Chiliz Continues to Rise; Can CHZ Sustain the Recovery?

22.7.2022
The most significant development helping to boost the outlook for digital asset sporting project Chiliz in 2022 is the launch of the Scoville testnet for Chiliz Chain 2.0. Chiliz seeks to combine the advanced Web 3.0 capabilities of high-profile sporting and entertainment firms to create NFT...

Uniswap (UNI) Recovers Significantly in the Last 30 Days!

22.7.2022
Uniswap is a decentralized trading platform using Automated Market Making techniques. The understanding of blockchains being a decentralized ecosystem also raises questions about the existence of centralized exchanges for the trade of such tokens. Uniswap is a revolutionary step to curb citations...

Tezos May Show Positive Outlook If It Sustains the Current Trend!

22.7.2022
Tezos has been a focused blockchain that is open-sourced and crafted in a method that allows it to evolve with the changing blockchain dynamics without depending on hard forks. Its growth-focused evolution with a higher dependency on Proof of Stake validation techniques will allow Tezos to advance...

Zilliqa Turns Bearish Again; Has ZIL Buyers Lost Interest?

21.7.2022
Zilliqa rose to popularity for adding staking and yield farming features to its public blockchain. As of July 2022, the ZIL token is worth $529,010,561, with just 62% of its entire supply entering the liquidation. Ranking at 74th position, ZIL has projected a higher potential to accommodate smart...

Bitcoin Stumbles After a Marginal Recovery; What’s Next for BTC?

21.7.2022
Bitcoin has been considered the mirror for the performance and growth of the cryptocurrency industry as a whole which is with a little over $1000 billion. Despite its dominance to the tune of 3x the market capitalization of Ethereum during its peak cycle, BTC now remains just 2.4 times. The current...

IoTeX Stuck in a Profit Booking Loop; Will IOTX Begin an Uptrend?

21.7.2022
IoTeX is not your regular blockchain offering a host of digital services. Rather, it realizes the perception that blockchain can transform how machines interact with each other. In simple words, IoTeX allows blockchain technology to work on your machines and is not just limited to software. It...

Fantom Records Tremendous Spike; Will FTM Pump or Dump?

20.7.2022
Fantom finds some turbulence in buying sentiment as subsequent rallies have incited holders to book profits. Price trends ended in positive gains for the past two days. Fantom witnessed a decent gain even on July 20, but the marginal gains were wiped off as profit booking sentiment overpowered...

Solana Technicals Looks Positive; Will SOL Witness the Bull Run?

20.7.2022
The first thing that pops in your mind when thinking about Solana would be the huge price rise it made in 2021. This price action helped Solana jump several paces and find security in the top ten blockchains in terms of market capitalization. Solana is now worth more than $15 billion, with 72%...

Maker Reclaims the $1000 Mark; Is MKR Capsizing?

20.7.2022
MKR is a governance token for Maker DAO and its protocol to issue and manage a DAI stablecoin. To your surprise, it is an ERC-20 token, and the Ethereum blockchain secures it. Maker is meant to support the DAI stablecoin, which is managed by its Maker DAO community with a soft peg to the US …

Dogecoin’s Third Attempt to Breach 50 EMA; DOGE Recovery Awaited!

19.7.2022
Dogecoin shows a slight improvement in its price action as there is a slight gain in the last dip. Technicals were extremely bearish but have turned bullish with a swift positive trend. July 17 marked the beginning of a fresh bullish crossover, but this indication can soon turn negative without...

MATIC Surges Significantly in a Month: Bull Run or Trap?

19.7.2022
The positive price action of MATIC seems to have emerged as the coin took a huge leap to project itself as the most competitive blockchain to challenge the dominance of the Ethereum blockchain. Polygon has now jumped to multiple levels reaching a much higher level of expectation as it...

Ethereum On a Great Move; Is It a Great Buying Opportunity in ETH?

18.7.2022
Ethereum is the largest cryptocurrency still working towards addressing the market trends of low energy consumption and high transaction enabling blockchain. Shifting towards Proof of Stake could make ETH a truly revolutionary blockchain putting it out of reach from the likes. Experts project...

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