While the likes of Bitcoin and Ethereum swayed between different price levels, the rest of the crypto market showed rangebound behavior in anticipation of stronger cues. This was evident with altcoins such as ADA and ATOM, which traded within a fixed boundary at press time. On the other hand, COMP showed clear bearish sentiment asContinue reading “Cardano, Cosmos, Compound Price Analysis: 08 March”

Binance Coin and Bitcoin SV formed descending triangles on their respective charts and a breakout was largely dependent on the future direction of the broader market. Dash was projected to remain below the 23.6% Fibonacci level, barring a spike in trading volumes. Binance Coin [BNB] Since touching record levels, a pullback saw Binance Coin cedeContinue reading “Binance Coin, Bitcoin SV, Dash Price Analysis: 08 March”

Uniswap cooled off from record levels and tested the newly turned $32 support line at the time of writing. IOTA could struggle to hold on to the 50% Fibonacci retracement level as bearish conditions persisted. Finally, SNX awaited stronger cues from the broader market to move away from its fixed channel. Uniswap [UNI] The latestContinue reading “Uniswap, IOTA, Synthetix Price Analysis: 08 March”

Ethereum recaptured a key resistance mark at $1,687, a level that had not been breached since the broader market pullback in late-February. Monero lacked the trading volumes and buying intensity to flip the 38.2% Fibonacci retracement level. Lastly, FTX Token eyed a rise above its overhead resistance but the indicators presented the chances of aContinue reading “Ethereum, Monero, FTX Token Price Analysis: 08 March”

XRP floated above its press time support but needed to retake additional resistance levels to overturn its bearish market. ATOM reflected a consolidated market as the price moved within a fixed channel while Elrond traded within an ascending channel after a bounce back from the $100-mark. Meanwhile, the world’s largest cryptocurrency Bitcoin was trading atContinue reading “XRP, Cosmos, Elrond Price Analysis: 07 March”

Binance Coin targeted a rise above the $240 resistance on the back of bullish indicators. Monero battled to retake the 38.2% Fibonacci level from the bears. Finally, ALGO’s latest attempt to break above $1.19 resistance was boosted by healthy capital inflows. Binance Coin [BNB] The last 24 hours saw Binance Coin rise by 4% asContinue reading “Binance Coin, Monero, Algorand Price Analysis: 07 March”

Cardano moved deeper into the red zone but the bulls held on to the crucial 61.8% Fibonacci retracement level. EOS presented an added upside from the $4 mark but needed to break out from its tight channel. Lastly, SNX could face an uphill battle to rise above its 200-SMA on muted trading volumes. Cardano [ADA]Continue reading “Cardano, EOS, Synthetix Price Analysis: 07 March”

Ethereum regained the $1,600 level as buying picked up, but the bulls faced a key test at the $1,676 resistance point. IOTA moved against the broader market trends and traded in the red as the bears targeted the crucial 50% Fibonacci retracement level. Lastly, DOGE moved within a descending triangle but a breakdown seemed unlikelyContinue reading “Ethereum, IOTA, Dogecoin Price Analysis: 07 March”

Bitcoin SV presented various Fibonacci levels for a bullish comeback, but its market was in a state of equilibrium, at the time of writing. IOTA could move below the $1.27-support as the on-chain metrics flashed bearish signals. Finally, Zcash might need to survive a period of selling pressure, before attempting recovery on the price chart.Continue reading “Bitcoin SV, IOTA, Zcash Price Analysis: 06 March”

Monero struggled to maintain a level above its $225.5-resistance since the bears were asserting their control on the market. Ontology flipped a key resistance line at $1.05, but looked unlikely to hold on to the aforementioned in the next few trading sessions. Finally, CRO projected rangebound movement as volatility remained on the lower side. MoneroContinue reading “Monero, Ontology, Crypto.com Coin Price Analysis: 06 March”

XRP’s market bulls needed to retake the $0.49-level from the bears to overturn its bearish market. Waves seemed to be on track to climb above the $11-mark on the back of healthy buying activity. Finally, Dash faced a laborious battle to overturn the 50% fib retracement level. XRP An ADX reading of under 20 highlightedContinue reading “XRP, Waves, Dash Price Analysis: 06 March”

Litecoin required a break above its 200-SMA to flip its bear market conditions. NEM shrugged off a minor pullback and rose sharply on the back of strong buying activity. Finally, bullish momentum picked up for SNT, with the $0.088-resistance level likely to be breached moving forward. Litecoin [LTC] Lower highs over the past few tradingContinue reading “Litecoin, NEM, Status Price Analysis: 06 March”