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Tezos (XTZ) Draws a Downtrend; Trades at $2.20
16.10.2020
Tezos, at the time of penning down, was seen drawing a visible downtrend after hitting a 2-week high at $2.45 in the previous week. However, due to a notably volatile movement, XTZ price fails to rise above $2.5 and is currently trading at $2.20. However, the trend reversed as the XTZ coin started...
XRP Draws a Downtrend and Has Pulled Back Over 28%
25.9.2020
XRP slips from its position of being the top 3 cryptos in the market to now being positioned below Tether at 4th place in the global market due to no notable gain in momentum so far. However, XRP is often compared to many lucrative altcoins of the market, which otherwise were least known so far....
Chainlink up 30% following six-week downtrend and developer selloff
25.9.2020
A Chainlink developer address appears to have been offloading tokens and putting downward pressure on prices. But things are looking up
Elrond Draws a Gradual Downtrend and Trades Below $0.020
31.8.2020
Elrond—a tremendously modular, quick, and firm blockchain platform for distributed apps, enterprise use cases, and for the new internet economy records mainnet bootstrapping progress at stupefying speed. This advancement will lead to staking and delegation before the mainnet launch and functioning...
Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
30.7.2020
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst...
Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?
27.7.2020
Bitcoin price set a new 2020 high after the price surged through the multi-year resistance level at 10,500
Temporary Relief for XRP Holders as Downtrend Breaks
6.7.2020
Despite a relatively good year for most major cryptoassets, the Ripple-affiliated XRP has struggled with gaining traction and is still down year-to-date. However, an uptick in price today may provide at least some relief for hopeful holders of the cryptoasset.
As of press time on Monday (10:59...
Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat
15.6.2020
This past week, bitcoin failed to settle above the USD 10,000 resistance and started a sharp decline. BTC broke many important supports near USD 9,550 to enter a bearish zone. The price is currently (09:40 UTC) gaining bearish momentum and it might even break the USD 9,000 support.
Similarly, most...
3 Ways Ethereum’s Bullish Structure May Prevent a Bitcoin Downtrend
23.4.2020
#Ethereum #ETH has flipped bullish, painting a series of higher highs which could result in a large rally
Can XRP Price Rally 180% Again if It Breaks 2-Year Downtrend?
4.2.2020
XRP and XLM look to end their losing streak by breaking through their long term downtrends
Bitcoin Breaks 7-Month Downtrend But Must Clear These Hurdles to $10K
27.1.2020
Bitcoin and cryptocurrencies are showing healthy bull market signs
Is Bitcoin Stuck in a Downtrend?
16.1.2020
Bitcoin saw a monumental rise in the early 2010s, which, as we now know, resulted in a burst bubble by the latter half of 2017. Since then, coupled with its slow rate of adoption and continual price fluctuations, analysts have started speculating that the cryptocurrency may well be stuck in...
Bitcoin Price Is on the Verge of Breaking 7-Month Downtrend
11.1.2020
#Bitcoin price showing bullish signs but must crack $8.4K level to break the 7-month downtrend
Bitcoin Cash (BCH) Exhibits Downtrend Over the Last 24 Hours
26.12.2019
The crypto market is on the freeze zone. The price movement is marginal, even in the volatile coins. The said period is either before the heavy loss or hefty upsurge. The traders are eagerly waiting for a significant improvement. Bitcoin Cash is dealing at a marginal loss as of now. The traders...
Will Ripple (XRP) Reverse Its Current Downtrend?
23.12.2019
Ripple prices are supported by the weekly critical support, and XRP price may bounce from here. If not, then get ready for the XRP price discovery mode for the support. XRP Price Analysis: XRP prices against USD are supported by the critical support marked by the red dotted line, i.e., $0.194...
Bitcoin and Altcoins Still in a Downtrend
18.12.2019
This week, bitcoin price faced a strong rise in selling pressure below USD 7,000. As a result, BTC/USD even failed to stay above the USD 6,850 support. Recently, the price declined below USD 6,650 and tested the USD 6,550 support area.
Similarly, there were heavy downsides in most major altcoins...
Litecoin (LTC) Exhibits Downtrend; Appears Around Active Support
12.12.2019
Litecoin price has taken the downhill road. In the past seven days, the coin was spotted dealing at $45, and then the LTC price dribbled to $44. The tremendous loss in the price is indicating a delayed recovery. However, in the past, LTC has given great results. The currency is speculated to retain...
Price Analysis 11/12: BTC and These 9 Cryptos Set to Resume Downtrend
11.12.2019
Traders should be cautious as most cryptocurrencies are threatening to break below their strong support and resume their downtrend
Stellar Exhibits a Cumulative Downtrend, But Holds a Bullish Crossover
11.12.2019
Stellar trades at $0.053, after marking a fresh 7-day low at $0.0521 The coin is facing major resistance from $0.0562 after it records a fall from $0.0582 XLM coin gains no active support from the moving averages Stellar’s downtrend is quite emphasized, as observed from the 10-day movement of...
Litecoin (LTC) Breaks the Downtrend; Maintains the Price around $44
5.12.2019
Litecoin maintains its price around $44 despite the 0.35% decline over the last 24 hours LTC price may soon touch $46.29 as its next resistance Litecoin seems to have stopped the freefall of its price against USD. It has maintained its value around 44 USD for the whole day, and the three price...