The latest crypto market crash highlighted the need to focus on blockchain projects that offer real-world utility. LINK is among the few cryptocurrencies in this category thanks to a business model that involves providing on-chain oracle services. But, the question is- Should you really invest in LINK? A recent chainLink tech talk provides some valuableContinue reading “LINK set to leverage demand; should investors rely on Chainlink’s oracle services”

If you are wondering whether to buy Ethereum Classic after the cryptocurrency market crash, you have in the right place. We will evaluate its latest price action and look at factors that determine whether it is worth holding as we approach Q2 2022. Ethereum Classic has been heavily overshadowed by Ethereum ever since its fork,Continue reading “Could Ethereum Classic [ETC] in your portfolio enhance returns in 2022”

If you are invested in the cryptocurrency market, chances are that you are wondering where Bitcoin is headed. The latest events in the last two weeks suggest that BTC is due for a bullish recovery. However, there is a new risk in the form of a death cross that highlights a potential risk of moreContinue reading “Bitcoin’s 3-day death cross reveals if BTC can move down to $20,000”

The crypto market crash of last week has affected every token present in the worst possible way. With plummeting prices and a slow road to recovery, most tokens are still struggling to reach their road to recovery. Filecoin’s native cryptocurrency FIL is no different. The token registered significant sideways action in the last four days.Continue reading “Filecoin [FIL]: Investors yowling ought to respect the law of opportunity”

ATOM has so far rallied by more than 30% from its latest local low. The cyptocurrency extended its downside during last week’s cryptocurrency market crash, and the healthy recovery might be a sign of things to come. ATOM traded at $11.78 at the time of writing, a slight drop from its 24-hour high of $12.48.Continue reading “Cosmos: New ‘interchain security developments’ has had this effect on ATOM”

Avalanche is up roughly 10% at its current price of $33.40 after bottoming out at $23.51 on Thursday. However, it has already registered some downside in the last few hours, confirming the lack of enough buying pressure to maintain the rally. A closer look at AVAX’s performance reveals that it is trading within a historicallyContinue reading “Avalanche: Post major sell-off, why AVAX is having a tough time finding stable footing”

It has been three weeks since SAND broke out of its wedge pattern with the bears ready to take over. The token just concluded another bearish week by being oversold, before recovering by approximately 38%. A recap of SAND’s price action reveals that it broke below support at $2.69 on 26 April. This was afterContinue reading “Bulls, bears, and their ongoing brawl over a land full of SAND”

RUNE is currently attempting a recovery after extending its downside over the last few days. It recently retested its structural support near the $3-price level too. The last time RUNE traded around the same price point was on 23 February and 21 July, both after major bear runs. It looks like things aren’t very differentContinue reading “Why a ‘bullish’ RUNE doesn’t tell us the whole story”

The market bloodbath last week has surely left an unpleasant and long-lasting impression on investors and tokens alike. Graph’s native cryptocurrency GRT is a case in point. The crypto dropped as low as $0.118 during last week’s heavily bearish conditions. At press time, however, it was one of the top cryptocurrencies to have enjoyed aContinue reading “GRT bounces and bounces, but where will it really end up”

Kusama’s native cryptocurrency KSM is one of the many casualties of the latest bear market. It has so far plunged by roughly 50% since the start of May and the heavy discount has sent it crashing to January 2021 levels. KSM enjoyed a healthy bullish recovery in March, seemingly ending its long bear run whichContinue reading “Will Kusama [KSM] defy further selloff amid crypto market contagion”

Hedera’s native crypto, HBAR looked like it was set for a bullish recovery in the first week of May after dipping into oversold territory. This was before the market unexpectedly took a turn for the worse, resulting in more downside but it is once again looking bullish. HBAR received a roughly 42% discount in theContinue reading “Hedera [HBAR] looks ripe for an unprecedented recovery thanks to its…”

DOT is still bleeding as the bear market extends for yet another week, with no sign of slowing down. This has especially been the case in the last two days during which selling volumes increased after failing to bounce back. Now the cryptocurrency is closing in on yet another support and resistance level near $7,Continue reading “Polkadot [DOT] enters critical support level, should investors bet on it”