The altcoin market has seen increased bearish momentum in the past few days. With Bitcoin dropping to price levels below the key $50k mark, the altcoin market was soon to follow suit with popular coins like IOTA, Litecoin, and Polkadot registering significant drops in the past 24-hours. IOTA  IOTA’s price has seen a substantial dropContinue reading “IOTA, Litecoin, Polkadot Price Analysis: 23 April”

It’s a common occurrence – the altcoin market mirroring Bitcoin’s price action and the past day has been witness to the same just like countless times in the past. While there have been instances when altcoins have independently triggered price rallies even when Bitcoin endured prolonged price consolidation, it is rare for altcoins to beContinue reading “Are these market participants making Cardano, Chainlink, Litecoin susceptible to BTC’s price corrections?”

April has turned out to be quite an eventful month for Ethereum. As the world’s second-largest cryptocurrency registered its latest ATH, the asset saw a growth of over 40 percent in the month’s time. However, price corrections too have been swift to enter the market as evidenced in the past 24-hours. ETH in the pastContinue reading “What part did Ethereum whales play in the recent correction?”

Bitcoin is currently on a recovery run after having undergone a recent price correction that took the price all the way down to $52k a few days back. While the king coin seems to have bounced back in a rather short time frame and now trades around the $55k price range, the recent price dropContinue reading “What Bitcoin traders need to keep a track of during this market correction”

Cardano’s price has seen rangebound price movement for more than a month. While the surge that took place at the start of February did seem promising, the coin hasn’t been able to replicate such uptrends. However, it is also to be noted that, price drops have always been limited, forcing a prolonged period of consolidationContinue reading “Cardano Price Analysis: 20 April”

A lot of the gains Uniswap was able to register in the past month were undone as bearish pressure overwhelmed the crypto market a few days back. While many of the altcoins were quick to recover, UNI’s case wasn’t the same and since the price drop, UNI has been trading extremely range-bound.  At the timeContinue reading “Uniswap Price Analysis: 20 April”

The past few months have seen significant growth in the cryptocurrency market. Despite short-term price correction that tends to punctuate the market, the overall price trend has been upward and DeFi tokens too have seen considerable growth in similar timeframes. DeFi’s total value locked illustrates this growth, having surged from over $700 million to closeContinue reading “With DeFi, two coins stand out YFI and Aave…here’s why”

Dogecoin has seen its price surge during the past week and was been able to maintain a steady uptrend. However, the past few trading sessions have demonstrated that the unrestricted uptrend is now in contact with a key resistance level and in the short term, DOGE may see its bullish trajectory hindered. At press time,Continue reading “Dogecoin Price Analysis: 20 April”

With Bitcoin dropping close to the $52k price range earlier on Sunday, many of the market’s altcoins were overwhelmed with mounting sell pressure resulting in significant losses across the altcoin market. Such an outcome has always been expected thanks to the high correlation altcoins share with the cryptocurrency market leader Bitcoin. However, what was surprisingContinue reading “Here’s what to expect from Chainlink and Litecoin”

XRP’s price has been surging right from the start of April. While short-term bearish pressure, as evidenced yesterday, did pose as minor speed bumps for the price, the overall bullish momentum prevails. After having traded mostly sideways throughout February and March, XRP’s uptrend in April continues to remain uninterrupted. At press time, XRP was tradingContinue reading “XRP Price Analysis: 19 April “

Ethereum’s price was on a steady uptrend since the last week of March and while the bullish outlook seemed steady, a shakeup in the Bitcoin market took away a lot of ETH’s gains and forced its price below the $2k level. While the price has managed to limit its losses and trigger a recovery runContinue reading “Time for Ethereum season? Traders can expect this from the alt’s next move”

Cardano’s price witnessed a significant price drop during the early hours of Sunday along with the altcoin market. While the BTC-induced price drop did bring its trading price all the way down to the $1.04 range, the altcoin has been able to manage a substantial recovery in the past 24 hours. At the time ofContinue reading “Cardano Price Analysis: 19 April”