Cardano [ADA] seems to have shifted gears in favor of a bullish recovery in June as is the case with its performance so far. ADA bulls are once again showing their strength this week after maintaining an upward trajectory during the weekend and well into Monday, 6 June. But can they maintain the same momentum,Continue reading “With Cardano [ADA] finding a stable footing, is it getting ready for a jump”

Last week we observed TRX rallying towards its descending resistance line. It turns out that its strong uptick pushed past the line briefly before a bearish retracement by at least 16% in the days that followed. However, the bulls have regained their momentum and are headed for another retest. The question now is will itContinue reading “Tron: Amid its recent recovery, is TRX finally ready to breakout of its resistance”

AAVE turned out to be one of the best performing cryptocurrencies in the second half of May. It rallied by more than 80% after the May crash but it kicked off June with a slight correction. AAVE traded at $103.50 at press time, which means it was down by roughly 17% from its 31 MayContinue reading “AAVE ushers in bearish correction after mid-May rally but is it ready for an upside”

Zcash (ZEC) has is gaining popularity, and not only as one of the top cryptocurrencies, but also as one of the most popular privacy coins. A look at its price action reveals that the token is in a tight range and might be due for a significant breakout. ZEC’s macro trend reveals that it hasContinue reading “Here’s why Zcash (ZEC) might be gearing up for a potentially explosive breakout”

ADA unusually turned out to be one of the most exciting cryptocurrencies this week courtesy of its strong upside. It rallied by roughly 50% between Saturday and Tuesday, marking a bullish end to an otherwise bearish month. The rally pushed ADA from as low as $0.445 during the weekend to $0.689 at press time. TheContinue reading “Time for Cardano [ADA] to cool down, but here’s a good sign to watch out for”

Bitcoin can’t seem to catch a clean break ever since it crashed to its current range in mid-May. That remains the same narrative today after the Federal Reserve commenced its quantitative tightening measures. Bitcoin tanked by more than 5% following the start of Fed’s QT measures. FED will reportedly reduce its balance sheet by $47.5Continue reading “Bitcoin: Fed’s hawkish view may be scary but here’s why BTC will survive”

FLOW enjoyed relative rest for the second half of May after flowing downward in the last few months. It was unable to exit its tight range despite the increased volatility towards the end of May. However, something recently happened which may soon be favorable to FLOW’s price action. Flow has already developed into one ofContinue reading “FLOW still stuck in still waters but here’s why that might change soon”

So, you were hoping to see some tasty gains after scooping up some CAKE at its recent lows. Now you are wondering whether you made the right choice after it failed to cook up noteworthy gains. CAKE is still trading within its narrow range between $4.15 and $5, where it has been stuck for moreContinue reading “Lower volumes, steady price action – Should you still have CAKE?”

TRX was one of the best-performing cryptocurrencies in May. In fact, it managed to squeeze in healthy gains, especially over the last two weeks. However, current chart observations suggest that it might be about to give up some of those gains. TRX concluded May with an impressive run, one which saw the cryptocurrency rally byContinue reading “Identifying whether TRX’s May-end bull run will extend just yet”

So, you are holding Hedera’s native cryptocurrency HBAR and are wondering if recovery is on the cards yet? Now, holders of this token may rejoice as HBAR recently demonstrated some upside. Alas, there are a few things you need to know. Hedera is still developing, but at a rapid pace, and this might be goodContinue reading “What the next few weeks have in store for HBAR’s price action”

Kusama’s native cryptocurrency KSM is among the digital currencies that got a massive slap down during the latest bear market. It looks like the bulls are making a comeback but can KSM promise a recovery as fast as it delivered a fall? KSM has already experienced some upside which manifested as a 19% rally sinceContinue reading “Deciphering if Kusama’s [KSM] latest bull run is here for the long haul”

AXS made it into the list of 31 May’s top gainers after rallying by more than 20% in the last 24 hours. The price pump was strong enough to knock AXS out of its tight range where it has been stuck for almost three weeks. AXS traded as low as $18.19 on 30 May priorContinue reading “Axie Infinity [AXS] breaks out of tight range with these metrics hinting at a b…”