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Nalezeno "price analysis": 6220

EOS Undergoes Profit Booking Haulting Its Upside Movement!

10.9.2021
EOS, just like major cryptocurrencies, has undergone a drastic profit booking on September 07 in a matter of few hours. The humongous 25% intraday fall created a panic situation amongst the investors. While a small amount of loss was recuperated, EOS closed the day with a little more than 21%...

Fantom (FTM) Posts Above 1000% Returns in 2 Months

10.9.2021
The growth of the DeFi industry and smart contracts accommodating decentralized transactions of such finance options has created room for many crypto developments. Even the best features and speeds of now will become obsolete because of the constant work being done on evolving the crypto space....

AMP Trades Negatively in the Short Term: Is It Failing?

10.9.2021
AMP was developed by crypto payments company, Flexa, founded in 2018 by a group of crypto enthusiasts. Flexa was initially funded by multiple ICOs under which it raised through large venture capital firms. After starting their operations in the United States with just Bitcoin, Ethereum, and Gemini...

TRON Negates the Fall in Valuation with Strong Buying!

9.9.2021
TRON has climbed huge mountains after its release in 2017 and has posted over 17650% of gains from its launch value in 2017 to September 2021. The value of TRX has undergone a huge change from $0.0022 levels to the current value of $0.9265 levels. TRON currently ranks amongst the top...

Cardano (ADA) Gets a Renewed Buying Sentiment: Will It Sustain?

9.9.2021
Cardano has turned heads ever since it climbed to the third rank in terms of current market capitalization. Despite having a circulating supply of 45 billion coins, ADA has jumped more than 10% in the last 24 hours. It currently weighs at $83 billion in valuation, closing towards a 100 billion...

BAT Takes Support from Its 100 Days Moving Average!

9.9.2021
BAT or Basic Attention Token is a native token meant for the Brave browser ecosystem. Under Brave, it is used as a blockchain tool for its digital advertising platform. The BAT token is beneficial for both users and advertisers since users are rewarded for viewing ads through the BAT token. At...

Litecoin (LTC) Takes Support from 50% Fibonacci Retracement

8.9.2021
Litecoin has fallen from the top cryptocurrencies to the 14th position in terms of market capitalization. While based on the Bitcoin protocol itself, developers of Litecoin followed a different hash technique. Their main goal of developing a better blockchain network when compared to Bitcoin....

Solana (SOL) Outperforms Even the Profit Booking Market!

8.9.2021
Solana cryptocurrency seems to have outperformed the broader market even when most of them fell to selling pressure. Whether the issue rose from the transaction complications faced at multiple trading platforms or because of a pre-planned selling strategy, Solana weathered the selling pressure...

XLM Retraces After Breaching Its Immediate Resistance of $0.40

7.9.2021
Stellar Lumens or XLM is the closest cryptocurrency when compared with the fiat supporting blockchain technologies. Originally based on Ripple Labs Protocol, XLM carries the original plans meant for XRP. One can also call XLM a hard fork of XRP. XLM in recent years has grown as the closest...

Dogecoin Down by 15% in Two Days: Time to Book Profits?

7.9.2021
Dogecoin made a decent high of $0.3517 on August 16, 2021, but the profit booking followed by the next day pushed it back to its support levels. This DOGE price movement back then was indicated as a profit booking opportunity. Such opportunistic price action demands restraint in terms of blind...

DigiByte Registers 10% Fall in a Day; Is It the End of Uptrend?

7.9.2021
DigiByte is a lesser-known crypto ranking in the top 100 operational cryptocurrencies in 2021. With a market capitalization of little over USD 1 billion, there isn’t a strong return on investment as compared to leading cryptocurrencies. It’s a bit odd to witness only a 300% rise in 2021 when...

Chainlink (LINK): How Long Will It Take to Reach $50?

6.9.2021
Smart contracts have quickly developed into a whole new dimension of new technology supported by the existing blockchain network. Chainlink aims to ratify smart contracts bringing its achievable target of $50. The price action on chainlink has been ahead of major crypto leaders in terms...

Strong Move: XRP Closes to Fill the May Selling Gap!

6.9.2021
XRP has become the face of legal transaction accommodation fiat currencies. Neither can it be mined, nor can it be used for direct transactions; they can only accommodate higher denomination currency transactions and are being used by leaders of the financial space.  XRP holds the 6th position...

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