Popular anti-crypto proponent Peter Schiff is once again making headlines following his latest prediction. The Euro Pacific Capital Inc. CEO recently claimed that he expects the future of the crypto-industry to be quite different from what it has been. He also notably added that he does not expect Bitcoin [BTC] to be part of cryptocurrency’sContinue reading “What to know about Bitcoin’s pricing model and whether BTC will be ‘part of it’”
Latest Articles from Michael Nderitu
Imagine buying Uniswap’s native crypto UNI in December 2020, just before it embarked on a strong rally up until May 2021. Such a chance has presented itself once again courtesy of the latest crypto market crash. UNI recently dropped as low as $3.35 on 14 June pushing into price levels that it previously tested inContinue reading “Uniswap investors should know that UNI might be about to experience…”
Litecoin [LTC] bears demonstrated their dominance once again towards the end of last week, leading to more downside. However, LTC’s latest lows suggest that it is closer to the bottom than expected. LTC achieved a new 2022 low on 14 June after bottoming out at $40.32. Its historic performance reveals that the latest price lowContinue reading “Litecoin [LTC]: Assessing if a sizable bull run can be on the way”
AVAX was among the cryptocurrencies that registered a significant upside after its recent bottom. A healthy sign that it experienced some accumulation after its price cascaded to recent lows. However, zooming out reveals that it has been trading in a falling wedge pattern and is due for a breakout. AVAX is currently within a narrowContinue reading “AVAX [Avalanche] enters into narrow price range as it prepares to exit…”
The Graph token is arguably one of the crypto projects that have a bright future thanks to its strong fundamentals and unique focus. However, GRT’s price action has been crashing in tandem with the rest of the crypto market, thus failing reflect the network’s growth. Some of the top blockchain networks have already adopted TheContinue reading “How The Graph’s [GRT] short-term woes can pave way for a better long-term rally”
LINK seemed like it was poised for a strong bullish breakout after low price volatility in the last two weeks of May. However, Its price action confirmed that its long-term descending resistance line was still active through a bearish reversal. The resistance line is part of LINK’s wedge pattern which is rapidly approaching the tightContinue reading “Chainlink: What to expect with LINK preparing for a breakout from a squeeze zone”
WAVES just concluded its first two weeks of June on a downward trajectory that saw it push back to May lows. This is despite the little upside towards the end of May, which made it seem as if the bulls were back in control. The end of May rally pushed WAVES out of its narrowContinue reading “Can WAVES turn tide in favor of bulls after recent bearish pressure”
SOL was once very popular as it emerged on the heels of Solana’s aggressive growth, aiming to be the Ethereum killer. Fast forward to present day, however, and Solana is not as hyped as it used to be. In fact, SOL’s price has suffered a major downturn over the last few months. SOL bottomed outContinue reading “Is the $20-level next for ‘oversold’ Solana [SOL]”
Monero [XMR] has been on free fall since the start of June as what started out as a minor retracement turned into a fully-fledged crash. XMR’s latest crash has so far undone the gains from its 75% rally that it achieved from mid to end of May. To put the bearish downturn into perspective, XMRContinue reading “Monero: Assessing the odds of XMR bouncing back”
ATOM seemed to be flashing bullish signs after a strong downtrend kicked off last week. However, the market is now noting another crash, forcing ATOM to crash below its structural support. ATOM had been trading within a narrow range prior to the latest crash. It was characterized by low volume and lack of directional momentum.Continue reading “Assessing ATOM’s odds of a bounceback after its latest breach”
ADA is finally showing its strength after being one of the most sold-off cryptocurrencies since September last year. Most of the top cryptocurrencies achieved new 2022 lows in the last few days courtesy of yet another major weekly crash. ADA was among the few that managed to hold on to its structural support levels. ADA’sContinue reading “Decoding why ADA’s structural support is holding strong despite headwinds”
The crypto market looks like a blood bath every once in a while and that is how it has kicked off this week. LEO, the native cryptocurrency of the UNUS SED LEO stood out at press time, as the only cryptocurrency in the green. LEO traded at $5.35 at press time, it was up byContinue reading “Assessing if LEO can continue defying the broader market sell-off”