The cryptocurrency market today looked slightly optimistic as big players and the industry’s altcoins registered sharp daily gains on their charts. Binance Coin seemed to be ready to test the resistance level of $290, along with welcoming capital inflows back into the market. ATOM flashed a bullish signal with a hike in buying pressure. Finally,Continue reading “Binance Coin, Cosmos, VeChain Price Analysis: 21 July”
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Quite a few major cryptocurrencies flashed signs of recovery after abruptly plummeting yesterday. In fact, some alts were trading in the green too. Trading volumes for most altcoins went up yesterday, a finding which confirmed panic selling. In the last few trading sessions before press time, however, LINK, TRX, and SUSHI each saw a declineContinue reading “Chainlink, TRON, SUSHI Price Analysis: 21 July”
The broader cryptocurrency market observed heavy bearish influence for the last 7 days and consequently, it has been a difficult time for the industry’s altcoins too. Tezos pictured a major sell-off in its market and a fall in market capitalization. Polkadot hinted at greater price volatility, but with an increase in buying pressure, the alt mightContinue reading “Tezos, Polkadot, Dogecoin Price Analysis: 20 July”
Ethereum tested a new low this month as it prepared to move past its crucial support level of $1744. This also meant it could see a price reversal after hitting a new low this month. As Bitcoin tanked by 5.4% over the last 24 hours, the altcoin market struggled to move out of the bearishContinue reading “Ethereum, Monero, Uniswap Price Analysis: 20 July”
Several cryptocurrencies have taken a beating this week, with altcoins leaving their consolidation phase behind to enter the bearish territory. EOS broke off its technical support level of $3.40 to trade at $3.21 at press time, while MATIC noted a significant decline over the past few days. On the contrary, DASH was trading at $124,Continue reading “EOS, MATIC, DASH Price Analysis: 20 July”
The broader cryptocurrency market showed signs of trading in the green just 24 hours back, however, it was a slow day today. Most altcoins demonstrated market weakness with mainly sideways movement, barring all stable coins, many altcoins dipped marginally. XRP’s market capitalization fell by 5.96% with a sharp fall in capital inflows, DOGE’s trading volumeContinue reading “XRP, Dogecoin, Cardano Price Analysis: 19 July”
The global crypto market cap was $1.34 Trillion and recorded a 1.6% negative change over the last day. Ethereum’s market capitalization fell by 3.15% owing to a further decrease in prices; the technical outlook for Ethereum suggested that it could undergo a breakout soon. Market volatility remained low for Polkadot and Ethereum Classic’s capital inflowsContinue reading “Ethereum, Polkadot, Ethereum Classic Price Analysis: 19 July”
A few major cryptocurrencies recorded marginal losses over the daily time frame, however, most altcoins have demonstrated a sideways movement across their technical analysis charts. Bitcoin’s tightly bound sideways price action did not give out a concrete buy or sell signal to its traders, Binance Coin could experience a breakout and Uniswap, despite being onContinue reading “Bitcoin, Binance Coin, Uniswap Price Analysis: 19 July”
The global crypto market cap was at $1.36 Trillion with a 3.0% increase over the last day. With the broader crypto market still showing considerable signs of weakness, some altcoins witnessed daily gains, albeit marginal. While Ripple’s prices have remained inconclusive, DOGE noted slight daily gains and a considerable hike in buying pressure and ADAContinue reading “XRP, Dogecoin, Cardano Price Analysis: 18 July”
The cryptocurrency markets saw a majority of coins trading in red today. Despite some assets having recovered over this month, most noted trendless price movements. Ethereum for instance, depicted uneven volatility over the last few days, however, at press time its technical indicators showed decreased volatility over immediate trading sessions. Chainlink displayed a shorting opportunityContinue reading “Ethereum, Chainlink, Ethereum Classic Price Analysis: 18 July”
Altcoin prices have descended of late, with some cryptos including Cardano struggling to hold themselves from falling through vital support levels. ATOM’s fall in price pushed its market cap down by 5.23% and finally, COMP registered low market volatility on the charts. Cardano [ADA] ADA recorded a marginal fall of 0.9% over the last 24Continue reading “Cardano, Cosmos, Compound Price Analysis: 17 July”
As the broader crypto-market lacked bullish sentiments, the altcoins mostly followed the same path into price reductions and strong sell signals. DOT recovered slightly from being undervalued and was oversold, at press time. Synthetix’s market also corresponded to the broader crypto-market’s weakness as the alt lost 20.9% of its valuation over the last week. However,Continue reading “Polkadot, BAT, Synthetix Price Analysis: 17 July”