Cardano has had a decent 2022, with the blockchain gaining nearly $200 million in TVL in a matter of weeks. In fact, its network value is expected to rally further when new solutions and dApps drop. Slew of releases on the way From stablecoins and wrapped BTCs to efficient DEXs and an increase in throughputContinue reading “Cardano [ADA]: Assessing if recent sell signals might play spoilsport”

Decentraland was the talk of the town back in November 2021. Right after Facebook announced that it was rebranding to Meta, gaming and metaverse tokens, including MANA, skyrocketed on the back on that euphoria. In under a month, MANA presented nearly 660% returns around its highs. But, that didn’t last too long. By the endContinue reading “MANA’s short-term, long-term projections have this key difference”

Axie Infinity, one of the biggest success stories in the world of decentralized gaming, had a rough patch a while back. First, the broader market began falling after November 2021, pulling down all altcoins along with it. AXS, its native token, lost nearly 75% in the next two months. Soon after, it started consolidating onContinue reading “Post-Ronin, Axie Infinity’s [AXS] chances of recovery are…”

While the broader market has been picturing some slow signs of recovery, some coins have been going against that trend. XRP, Zilliqa, and Dogecoin seemed ready for a price correction going forward, at press time. On the contrary, Polkadot seems to be following the general market trend and is making steady progress north. XRP XRPContinue reading “XRP, Zilliqa, Dogecoin, Polkadot Price Analysis: 03 April”

NEAR has been one of the best performing tokens at a time when the rest of the market was in a humdrum. It began recovering from the end of February and has been steadily rising since. It isn’t as if there hasn’t been any red day. NEAR has rather moved in a steady higher high,Continue reading “NEAR token is recovering steadily from its lows but here’s the caveat”

Ethereum price shows a bullish future after its breakout from the symmetrical triangle. Although optimistic, ETH needs to overcome a few hurdles before reaching to significant levels. Ethereum price Ethereum price action between 24 January and 27 March has led to the formation of a symmetrical triangle pattern. This technical setup consists of three lowerContinue reading “Why Ethereum’s price is perfectly positioned for a quick run-up to $4000”

Dogecoin price has shown a clean breakout from a bullish pattern with high conviction. The uptrend so far was without any hurdles, but the meme coin is currently facing a significant barrier that is likely to prevent further move upwards. However, a successful flip of this hurdle into a foothold could be the key toContinue reading “DOGE: This bullish pattern on the chart bodes well for the OG dog-themed coin”

Aave, the fifth-largest DeFi protocol according to DefiLlama with a TVL of over $14.02 billion, seems like it is beginning to gather steam. In fact, just yesterday, it jumped by nearly 33% on the back of excellent volumes – suggesting a further run-up may be on the cards. Major breakout underway Following yesterday’s 33% intra-dayContinue reading “AAVE’s breakout – Is it legit or a bull trap in the making”

Ethereum, the crypto-market’s undisputed altcoin king, is active again. Over the last two weeks, it appreciated by over 36%. However, it seems like this was just the beginning. With the ‘Merge’ on the way – between Ethereum’s mainnet and the beacon chain proof-of-stake system – traders are getting excited. Optimism on the charts 2022 beganContinue reading “Ethereum’s ‘Merge’ and Options and whatever else is fueling its rally”

SUSHI, once the poster child of the DeFi space, is apparently losing its significance and weight in the market. It had touched its all-time high of $23.3 back in March 2021. Since then it has been on a steady slide. As mentioned in an earlier article, unlike most other prominent coins which had lost valueContinue reading “SUSHI’s future seems bleak but is there light at the end of the tunnel”

Bitcoin price saw a massive uptick in bullish momentum in the last week, causing it to surge and retest crucial resistance barriers. The optimism stems from the fact that Terra Labs has been buying up BTC to back its stablecoin reserves. Regardless, the uptick in price seems to have hit a dead-end and is likelyContinue reading “Three reasons why BTC may correct despite the recent bullish uptick”

Dogecoin’s price is hinting that it has begun its journey to the upside. The recent rally has got investors speculating if it could actually trigger a bull run for the crypto markets. It would not be surprising as DOGE was one of the first meme coins to pump before a full-blown bull run began inContinue reading “How Dogecoin’s 30% pump triggered a key market structure shift to the upside”