Chainlink moved back above the $13.4 level, but it appeared that there were no strong buyers in the $13 area for LINK. This indicated that, despite the move to the upside in recent hours, the longer-term trend remains bearish for Chainlink. Avalanche attempted to break out of a descending channel, while The Graph posted newContinue reading “Chainlink, Avalanche, The Graph Price Analysis: 16 March”

The past 24 hours saw a spike in prices for Binance Coin as Bitcoin saw a small surge- but the upside move was quick to recede. Bitcoin had jumped from $38.2k to touch $41.6k and had fallen to trade at $39.3k at the time of writing. Fantom also pushed higher, but not enough to breakContinue reading “Binance Coin, Fantom, Waves Price Analysis: 16 March”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Since late January, Bitcoin Dominance has been on the rise. From 39.4% to 43.58% on the day of writing, this dominance metric meant that capital was flowing out of altcoins and into Bitcoin. Moreover, thisContinue reading “Risk-averse investors need to watch out for this before buying into MATIC”

Despite the sideways trading of the past week across the market, it appeared that Stellar Lumens and Ethereum Classic could be gearing up for a strong move to the upside in the near term. Aave has been stuck within a range, but nevertheless offered trading opportunities. Stellar Lumens (XLM) Stellar Lumens has formed higher lowsContinue reading “Stellar Lumens, Ethereum Classic, Aave Price Analysis: 15 March”

The crypto market has been trading sideways for the past week but has offered traders opportunities. Bitcoin Cash has not seen much demand recently, although the buyers managed to defend a level of support at $277. Tezos and Axie Infinity also showed a lack of near-term trends on their charts. Bitcoin Cash (BCH) Bitcoin CashContinue reading “Bitcoin Cash, Tezos, Axie Infinity Price Analysis: 15 March”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin sellers showed their presence at the $44k area, and in the past couple of months Bitcoin has been oscillating about the $40k level. The trend, which had been to the downside since October, mightContinue reading “Bitcoin: Mapping the drop and examining where large buy orders may be seen”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Chainlink bulls were hopeful in early February that $15.3 was defended and a longer-term rally might have been initiated. However, their hopes were dashed when the $18 resistance zone simply did not budge. The widerContinue reading “These are the areas that will present heavy selling pressure for Chainlink”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The longer-term outlook for Polygon on the charts was not positive. This was something that was common across the altcoin market- only a handful of coins have a bullish outlook on longer timeframes. Away fromContinue reading “Risk-averse investors should do this before taking positions in MATIC”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has been treading water in the past couple of days, as it floated around the $39k area. Heading into the weekend, forming a bias toward either direction for Cosmos was a daunting task. TheContinue reading “Aggressive buyers can take profit at this level before ATOM goes further down”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Polkadot climbed past $17.5 on the charts and flipped it to support before its move toward $19- but buying pressure seemed to be lacking in the near-term outlook. Bitcoin was trading just above the $39kContinue reading “Will this weekend of lower liquidity see Polkadot push it past $19”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has been volatile in recent days as bulls and bears fought for control of the $39k area. A move past  $39k-$40k for Bitcoin could see some life from the bulls. On the other hand,Continue reading “Can Harmony find demand above this level and what to expect if it does”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice One of the largest privacy coins in the ecosystem, Zcash appeared to experience a revival in interest as prices soared in the past few days. The number of active addresses on the chain nearly tripledContinue reading “Zcash: Will it break the market structure to allow for a buying opportunity at this level”