Ethereum’s market bulls could face an uphill battle to regain the 38.2% and 50% retracement levels from the bears. STEEM looked to resume its consolidatory movement backed by low trading volumes. Finally, DGB might fall towards its $0.048-support since the long-term moving average targeted a cross above the short-term moving average. Ethereum [ETH] Over theContinue reading “Ethereum, STEEM, DigiByte Price Analysis: 06 March”
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Ethereum, the world’s largest altcoin, recaptured the $1,600-level and targeted a break above its 200-SMA. The market’s bulls maintained control of the Uniswap market, with the $27.2-resistance likely to be toppled in an extended bullish scenario. Verge flipped the $0.019-resistance at the time of writing, one of the many levels that need to be overturnedContinue reading “Ethereum, UNI, Verge, FTX Token Price Analysis: 03 March”
Tezos registered a breakout above its horizontal channel as trading volumes surged over the last 24 hours. Synthetix continued to move north on the charts on the back of strong bullish momentum. Popular meme-coin Dogecoin seemed to be in a distribution phase as selling pressure gathered steam. Finally, DigiByte was unlikely to break above itsContinue reading “Tezos, Synthetix, Dogecoin, DigiByte Price Analysis: 03 March”
At press time, Tron needed to flip an important level at $0.048 to target a bullish reversal on the 4-hour timeframe. WAVES eyed a northbound move towards the $11-mark, but not before overcoming some bearish presence in the market. Finally, Maker was on its way to recovery after bouncing back from the $1,945-support level. TronContinue reading “Tron, Waves, Maker Price Analysis: 03 March”
Even though the on-chain metrics for Cardano, NEM, and SUSHI pointed to a short-term pullback, the fate of the altcoins rested with the bullish cues from Bitcoin and Ethereum. If the technicals do hold up, the aforementioned coins would need to bypass a period of bearishness, before continuing their northbound movement. Cardano [ADA] Cardano maintainedContinue reading “Cardano, NEM, Sushiswap Price Analysis: 03 March”
Even though market leaders Bitcoin and Ethereum were still rangebound at press time, some altcoins found their footing in a largely quiet market and registered gains on their respective charts. Such was the case with Bitcoin Cash and Enjin Coin as well, with the latter trading around its all-time high. On the contrary, IOTA wasContinue reading “Bitcoin Cash, IOTA, Enjin Price Analysis: 03 March”
EOS was trading within a descending channel, but an upwards breakout was predicted as trading volumes rose. Neo looked primed for a bullish reversal as the indicators flashed green signals at the time of writing. Finally, ETC awaited a broader market rally to break above its overhead resistance level EOS EOS continued to move withinContinue reading “EOS, Neo, Ethereum Classic Price Analysis: 02 March”
Binance Coin entered a consolidation phase after overturning its $238.4-resistance level. Aave moved within a descending triangle, but its technical indicators did not favor a breakout at the time of writing. Finally, Zcash attempted to flip the $125-resistance on the back of bullish momentum. Binance Coin [BNB] The $194.5-level proved to be a strong supportContinue reading “Binance Coin, Aave, Zcash Price Analysis: 02 March”
Monero, one of the market’s leading privacy coins, rose above its horizontal channel but awaited confirmation of a breakout over the next few sessions. BAT’s on-chain metrics backed a favorable outcome, but a key test awaited its bulls at the $0.59-resistance. Finally, Dash moved north of its $23.6 fib retracement level, but a hike aboveContinue reading “Monero, BAT, Dash Price Analysis: 02 March”
Stellar Lumens looked likely to register more upside if its $0.46-resistance level was flipped over the next few sessions. Algorand could witness another sell-off as the 200-SMA expected to cross above the 20-SMA. Finally, STEEM was well on its path to recovery after the buyers flipped the $0.37-resistance level. Stellar Lumens [XLM] At the timeContinue reading “Stellar Lumens, Algorand, STEEM Price Analysis: 02 March”
Litecoin seemed positioned for additional losses after the long-term moving average closed in on the short-term line. EOS moved within a descending channel after finding support at $3.5. Lastly, ENJ went past a key resistance and saw its price rise on the charts. Litecoin [LTC] Losses in the last seven days amounted to over 25%Continue reading “Litecoin, EOS, Enjin Coin Price Analysis: 01 March”
XRP could be in line for another sell-off as the 200-SMA looked to cross above the 50-SMA. Down the ladder, Tron and Tezos were projected to stick to a fixed channel, with a breakout largely dependent on the future movement of market leaders Bitcoin and Ethereum. XRP The bearish nature of XRP’s market was evidentContinue reading “XRP, Tron, Tezos Price Analysis: 01 March”