During the past week, Bitcoin’s performance on the charts hasn’t been very inspiring. The coin has struggled to regain strong bullish momentum and go past key levels of resistance without being subject to further price corrections. At press time, Bitcoin was trading at $33,076 with a 24-hour trading volume of $31.7 billion. In sync withContinue reading “Bitcoin Cash, Vechain, BAT Price Analysis: 25 January”

Bitcoin’s price continues to consolidate around the $33,000 price level and in the past few days, the same was seen in the altcoin market as well. For popular altcoins like Litecoin, Crypto.com Coin, and Dogecoin the past week saw their price action confined to a narrow range. Litecoin [LTC] Litecoin witnessed a minor dip ofContinue reading “Litecoin, Crypto.com Coin, Dogecoin Price Analysis: 25 January”

SushiSwap the popular DEX in the DeFi ecosystem has seen quite a few developments in the past few months. The SushiSwap token has also mirrored this growth and registered gains amounting to over 170 percent since the start of 2021. At press time, SUSHI has a trading value of over $7.2 is ranked 46th onContinue reading “SushiSwap’s whales may push the price even higher, here’s why”

Bitcoin’s price bounced back on the charts after undergoing yet another price correction, with the same settling above the $32,000-price level, at press time. In fact, after seeing its value fall by over 15 percent on the 20th of January, the coin was on its way to breach its immediate resistances at the $33,000 andContinue reading “Why has Bitcoin’s brief recovery not been enough”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum’s price registered a new ATH on the charts recently. However, despite corrections setting in and its high correlation with Bitcoin, ETH managed to keep its losses to a minimum over the pastContinue reading “Ethereum Price Analysis: 23 January”

2021 has proven itself to be quite a promising year for Bitcoin, with its price action on the charts enabling it to register new ATHs. However, over the past 7 days, the bullish momentum has faded, with Bitcoin retracing all way from around $41k to where it stood at press time ($32,600). However, does theContinue reading “Bitcoin: Has the bull market faded?”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink’s price has risen substantially through the course of 2021. In the past week alone, the cryptocurrency saw its price hike by close to 8 percent in a 24-hour period, with renewed bullish momentumContinue reading “Chainlink Price Analysis: 23 January”

Soon after Ethereum’s price went past the crucial $1400-level a few days back, it fell down the charts. However, despite the scale of price corrections, the cryptocurrency was continuing to trade close to its ATH with a trading price of $1,255, at press time. Over the past few days, two of Ethereum’s key metrics alsoContinue reading “Ethereum’s mining difficulty, hashrate hit new all-time highs”

Many of the crypto-market’s altcoins saw their values fall as Bitcoin endured a 10 percent drop on the charts. While the fallout hasn’t been uniform, popular altcoins like Bitcoin SV, Cosmos, and Enjin Coin all saw their prices depreciate, with some noting losses of up to 11 percent. Bitcoin SV [BSV] Bitcoin SV’s price fellContinue reading “Bitcoin SV, Cosmos, Enjin Coin Price Analysis: 22 January”

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s fall on the price charts had a lasting impact on many of the market’s altcoins. Privacy coin Monero saw its price drop dramatically, with XMR registering losses to the tune of close toContinue reading “Monero Price Analysis: 22 January”

Since the start of December 2020, Bitcoin has been on a tremendous bull run. When compared to its valuation on the 1st of December, Bitcoin has grown by close to 90 percent. The growth percentage was a lot higher yesterday, however, especially since corrections have been rampant over the past 24 hours. Despite Bitcoin’s priceContinue reading “Bitcoin’s network mining difficulty (7d moving average) hits new all-time high”

Bitcoin’s price saw a steep price correction over the last 24 hours, with the cryptocurrency noting an 8 percent dip on the charts. As expected, given the high correlation the altcoin market shares with BTC, notable altcoins like Chainlink, Aave, and Sushi all moved closer to their respective levels of support as their prices fellContinue reading “Chainlink, Aave, Sushi Price Analysis: 22 January”