Bitcoin briefly dipped to $45.5k in recent hours but pushed back above the $46.4k level, and altcoins registered some short-term gains following this dip. If Bitcoin has indeed reclaimed the lows of the range it has been in recent days, a move to $52k could be likely over the next week. Many altcoins, one exampleContinue reading “Bitcoin Cash, Chainlink, Cosmos Price Analysis: 18 December”

The global crypto market capitalization decreased by 0.21% to $2.19 trillion over the last day. Well, the king coin saw a decline in its value while the major altcoins followed suit. Ethereum was unable to climb above $4000 despite another attempt to flip the supply zone. Dogecoin was trading at the $0.171 support level, andContinue reading “Ethereum, Dogecoin, Terra Price Analysis: 18 December”

Cardano found strong support at $1.2, while Solana also saw demand at the $168-$170 area. However, if Bitcoin slides towards the $42k pocket over the next few days, most altcoins can expect to see heavy red. Shiba Inu also faced strong selling pressure. Cardano [ADA] ADA formed a descending triangle pattern on the hourly chart.Continue reading “Cardano, Solana, Shiba Inu Price Analysis: 18 December”

The short-term outlook for most cryptocurrencies was ugly, and for Tron, even the longer timeframes showed that the bullish momentum behind recent gains had been neutralized. Recovery is possible in the coming weeks, but a Bitcoin surge could see capital rush into BTC and out of alts. Tron 12-hour chart On the charts, a pullbackContinue reading “Tron Price Analysis: 18 April”

One sign of the bears losing strength is Bitcoin, or the altcoins themselves, forming a bullish divergence on the 4-hour or higher timeframes. This is a development that traders can keep an eye out for to catch a potential bottom. Stellar Lumens nor FTX Token were nowhere close to that point yet- bears were strong,Continue reading “Stellar Lumens, FTX Token, Waves Price Analysis: 18 April”

Uniswap was trading within a range throughout March, but this appears to have changed as the price broke out past the highs. It has gained nearly 700% since 2021 was born, and further gains looked likely in the weeks to come. Uniswap 12-hour chart The modified Schiff pitchfork has done a good job at highlightingContinue reading “Uniswap Price Analysis: 17 April”

XRP was in the news recently when Europe’s largest digital asset investment firm, Coinshares, announced the launch of an Exchange Traded Product (ETP) going by the name “Coinshares Physical XRP”, with XRPL as its ticker. Each unit of XRPL will be backed by 40 XRP at launch and is intended to provide yield exposure toContinue reading “XRP Price Analysis: 17 April”

Bitcoin dropped from $63,000 to $60,500 following the news that Turkey’s central bank had imposed a ban on crypto-holders using their digital assets for payments. Funding rates for BTC hovered just above +0.05%, showing that the buying side has not been overcrowded for some time now. Despite the news that sparked a small sell-off (theContinue reading “Bitcoin Price Analysis: 17 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Just over 48 hours ago, Cardano was primed for a breakout past the range highs of $1.49. Bitcoin was unable to rise above $64,000 and its rejection and subsequent selling pressure have been feltContinue reading “Cardano Price Analysis: 16 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Berlin upgrade for the Ethereum network went off without a hitch at block 12,244,000. Optimism around this news fueled an ETH move to an ATH of $2,487 a few hours ago. What’s more, EthereumContinue reading “Ethereum Price Analysis: 15 April”