Loopring has emerged to become one of the most promising projects in the cryptocurrency sphere today. In fact, it was one of those coins that gained by over 10x in early November 2021, going from $0.4 to hitting an all-time high of $3.86. However, since December 2021, its performance has been somewhat lacklustre. With BitcoinContinue reading “Poised for a breakout, is a 50%-100% rally possible for LRC”
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The broader crypto-market is seeing some optimism return as many digital assets, including Bitcoin, shrugged off their near two-month long bearishness. Many altcoins have also begun recovering, with XRP seeing one of the quickest and sharpest rallies. On the charts, a breakout can be pictured as XRP prices tore a hole through the $0.8-resistance. ThisContinue reading “Not just a recovery – Why a stronger rally for XRP may be on the cards”
2021 was a wild ride for the cryptocurrency market as a whole. Valuations skyrocketed before falling, newer entrants threatened existing players and so on. People around the world have developed a higher risk taking capability in investments thanks to Fed printing money faster than newspapers over the year. This has brought about a much widerContinue reading “Cryptos v. government regulations and how that story may pan out”
A few days ago, the United States Bureau of Labor Statistics released their numbers for the Consumer Price Index – Or in other words, the inflation rate. The report observed that the annual inflation rate in the U.S accelerated to 6.8% in the month of November 2021 – The highest since the June of 1982.Continue reading “Bitcoin and the question of whether it is an ‘inflationary hedge’ just yet”
There has been a lot of pomp and celebration going around. Just recently, before corrections set it, Bitcoin hit its latest all-time high on the charts. In fact, Ethereum managed to clinch its ATH too. What’s more, the United States got its first Bitcoin ETF and saw participation in record numbers. Meme coins like ShibaContinue reading “El Salvador and why hasty crypto-adoption isn’t the way to go”
The wider cryptocurrency market has been extremely weak over the past few days. The same, perhaps, can be said for the likes of EOS, BAT, & Zcash too. All three alts formed extremely bearish chart patterns and appeared to be in for some difficult days ahead, at press time. The prices of all these cryptosContinue reading “EOS, BAT, Zcash Price Analysis: 23 September”
Market-wide bearish sentiment continues to plague smaller alts like Chainlink and Dash. Prices have slipped below critical support levels on the charts for both these coins and any recovery seems difficult. However, altcoins like Algorand have been holding on to some of their positivity, with the charts implying that any small trigger could push theContinue reading “Chainlink, Algorand, Dash Price Analysis: 23 September”
The entire cryptocurrency market has been facing severe bearishness over the past few weeks. The king of altcoins, Ethereum broke down below crucial support levels and would incur selling pressures from all around. That effect would automatically trickle down to the other smaller altcoins in the market like VeChain. However, thanks to its recent rally,Continue reading “Ethereum, Solana, VeChain Price Analysis: 22 September”
Sentiments have been weak all across the board. Tezos, Aave and Dogecoin – all of these altcoins were facing the brunt of selling pressure across the cryptocurrency market. However, coins such as Tezos still had hopes and a small recovery could trigger a further rally in prices. While in case of Dogecoin, prices were tradingContinue reading “Tezos, Aave, Dogecoin Price Analysis: 22 September”