Cardano shrugged off a minor correction and eyed record levels once again. IOTA was unlikely to breach above its overhead resistance even though the indicators tipped slightly in favor of the bulls. Dogecoin formed a symmetrical triangle but a breakout in either direction depends on cues from the larger crypto market. Cardano [ADA] Cardano bouncedContinue reading “Cardano, IOTA, Dogecoin Price Analysis: 01 March”
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Ethereum’s indicators showed that its downtrend was losing steam as the world’s largest altcoin bounced back from the $1,300 level. Bitcoin SV and VeChain lacked the volume to break above their respective resistance levels, and are likely to be rangebound over the coming sessions. Ethereum [ETH] Ethereum bounced off the $1,305 level and traded aboveContinue reading “Ethereum, Bitcoin SV, VeChain Price Analysis: 01 March”
Bitcoin Cash looked uncertain to flip its press time resistance as the indicators gave mixed signals regarding its future trajectory. Uniswap could move southbound from its descending triangle pattern as momentum rose on the selling side. Zcash showed some indecision in its market as the price continued to trade within a range, with a breakoutContinue reading “Bitcoin Cash, Uniswap, Zcash Price Analysis: 28 February”
Litecoin witnessed a downwards breakout from a parallel channel and moved to its support at $156.75. Monero was projected to move sideways as trading volumes and buying activity was suppressed. Lastly, a descending triangle emerged on Dash’s chart but a breakout largely depended on the direction of the broader market. Litecoin [LTC] On the hourlyContinue reading “Litecoin, Monero, Dash Price Analysis: 28 February”
Bitcoin’s bullish movement in the month of February propelled some altcoins to record levels of their own as billions of dollars pumped into the crypto-market. However, the altcoins also followed the king coin lower on the charts after a period of correction. Such was the case with Chainlink, Aave, and Compound, which failed to sustainContinue reading “Chainlink, Aave, Compound Price Analysis: 28 February”
After Bitcoin lost out on the $45,000 mark, the broader market witnessed another sell-off and most altcoins registered losses in the last 24 hours. Such was the case with XRP, Tron, and Synthetix, which traded close to their respective support levels at the time of writing. XRP Bulls were unable to recover XRP above theContinue reading “XRP, Tron, Synthetix Price Analysis: 28 February”
XRP maintained a cautious market as momentum was weak on either side. STEEM could be due for a minor pullback before continuing its upwards trajectory. Finally, Enjin would present an upside of over 30% if the price breaks above the ascending triangle pattern. XRP On the hourly charts, XRP slipped below yet another support levelContinue reading “XRP, STEEM, Enjin Price Analysis: 27 February”
Bitcoin Cash retained the 10th spot on the crypto-rankings, despite being severely impacted by the recent correction in the broader market. Huobi Token flashed bullish signals, but a break above its press time resistance was unlikely. Finally, Zcash was projected to trade within a fixed channel since volatility was low in the market. Bitcoin CashContinue reading “Bitcoin Cash, Huobi Token, Zcash Price Analysis: 27 February”
Even though the likes of Bitcoin and Ethereum were trading in the green at press time, they were yet to recapture their ATH levels from a few days ago. While Bitcoin was valued at close to $47,000, ETH was just shy of the $1,500-mark. Following the same, many of the market’s altcoins entered a stateContinue reading “EOS, Neo, DigiByte Price Analysis: 27 February”
Chainlink was projected to rise above its overhead resistance in the short-term, with its indicators flashing green signals. Down the crypto-ladder, bullish momentum for Cosmos and Enjin Coin was projected to fizzle out, with the said altcoins likely to enter a period of consolidation on the charts. Chainlink [LINK] Chainlink added gains of over 12%Continue reading “Chainlink, Cosmos, Enjin Price Analysis: 24 February”
Tezos broke above the 0.5 Fibonacci level and targeted the 0.618 and 1-levels on the back of its bullish on-chain metrics. Further down the crypto-ladder, Synthetix positioned itself for additional gains after its price regained the $20-mark. Finally, Verge was projected to move within an ascending channel, especially since it seemed to lack volumes forContinue reading “Tezos, Synthetix, Verge Price Analysis: 24 February”
Popular privacy coin Monero stabilized on the charts and eyed a rise above the $230-level on the back of its bullish indicators, at press time. On the contrary, Augur may require stronger cues from the broader market to break above the $39.2-mark. Finally, gains on Dogecoin’s charts could be restricted to the $0.062-resistance level, despiteContinue reading “Monero, Augur, Dogecoin Price Analysis: 24 February”