For the crypto market’s leading privacy coin, Monero, the past few weeks have noted mainly sideways movement resulting in the coin’s price consolidating around its current trading price. Despite the strong bullishness displayed in the Bitcoin market, Monero hasn’t seen enough momentum to encourage its price to breach neither its immediate resistance nor its support.Continue reading “Monero Price Analysis: 14 March”
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The past 24-hours saw increased bullish momentum in the overall crypto market as Bitcoin went past its ATH and surged past $60k. Since then BTC’s price has managed to move slightly upward. Despite the altcoin market having had a traditionally high correlation with Bitcoin, the bullishness hasn’t been uniform. Cardano’s sideways movement continues as theContinue reading “Cardano Price Analysis: 14 March”
Institutional investors have been flooding the Bitcoin market, with their price gains over the past year providing ample evidence of the same. In fact, according to many, it was this flood of institutional entry that allowed the world’s largest cryptocurrency to go on a bull run and climb to its latest ATH on the charts.Continue reading “Can Ethereum afford to miss the train when it comes to NFTs?”
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 registered quite a lot of sideways price movement towards the end of February. However, over the last few days, LINK has been able to initiate an uptrend on the charts. AtContinue reading “Chainlink Price Analysis: 04 March”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP’s price action has seen it move in both directions rapidly over the past two months. In fact, the first half of February alone saw the coin make significant strides north before it correctedContinue reading “XRP Price Analysis: 04 March”
Bitcoin’s price has seen its fair share of ups and downs over the past month. While the coin has been able to set record highs in 2021, there have also been strong pullbacks. In the past 24 hours alone, Bitcoin breached the $50,000-mark after days, before succumbing to selling pressure again to trade under theContinue reading “Bitcoin’s short-term outlook depends on these key factors”
The cryptocurrency market has had to face increased bearish momentum in the past week and with Bitcoin dropping to the $45k price range, many of the market’s altcoins too have followed BTC and traded lower. At the time of writing, Bitcoin was trading at $44,474 with a 24-hour trading volume of $42.9 billion. For altcoinsContinue reading “Stellar, BitTorrent, DigiByte Price Analysis: 28 February”
With Bitcoin’s price dropping at the start of the week, it wasn’t hard to imagine how Ethereum’s price would react. Given the fact that the altcoin market is generally tied to Bitcoin thanks to the high correlation, ETH’s price fell by close to 30 percent since. However, for a coin to perform well on theContinue reading “Does Ethereum’s bull run still have to wait for Bitcoin?”
Bitcoin’s price has gone past multiple ATHs over the past two months, with its ATH of $58,640 being the latest one. However, the last 7 days haven’t been the best of times for the world’s largest cryptocurrency, with its price dropping to $45k before recovering to trade around the $47.5k-range at press time. While Bitcoin’sContinue reading “The current Bitcoin bull run is different; here’s why!”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bearish sentiment has been the norm over the past few days, with the same being the case at press time for altcoins such as Chainlink. LINK has seen its price hike by around 164Continue reading “Chainlink Price Analysis: 27 February”
Bitcoin has grown by leaps and bounds over the past three months, with its returns extremely inviting for most. This is one of the reasons why Bitcoin has been able to attract investors, despite the price being relatively sky-high. When compared to traditional assets, Bitcoin’s returns, year-to-date, are gargantuan. Bitcoin was giving its investors YTDContinue reading “Does Bitcoin have a favorite day of the week?”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice After trading around the $0.25-valuation for a significant amount of time in 2020, XRP’s value surged. However, the alt’s aforementioned surge was quickly brought to a halt thanks to Ripple and XRP’s recent SECContinue reading “XRP Price Analysis: 27 February”