BCH  moved below its 200-SMA once again but the bulls were likely to overturn the bearish market moving forward. XTZ projected an upside at $3.42 after the indicators flashed bullish signals and BAT could rise above its August 2020 levels if the price moves north of $0.427. Bitcoin Cash [BCH] Bitcoin Cash slipped below itsContinue reading “Bitcoin Cash, Tezos, Basic Attention Token Price Analysis: 08 February”

Polkadot was projected to snap fresher highs in the short term before an eventual correction. Uniswap gave mixed signals at the time of writing, and a fall below $17.6 support could mark a downtrend. ETC flashed bullish signs but further impetus could be needed for a rise above the $9 level. Polkadot [DOT] Polkadot invalidatedContinue reading “Polkadot, Uniswap, Ethereum Classic Price Analysis: 08 February”

XRP projected rangebound movement as the dust settled in its market following a period of high volatility. XMR moved within a horizontal channel and the breakout did not seem imminent over the next few sessions. IOTA could depend on a broader market rally to climb above its local high. XRP XRP continued its consolidation phaseContinue reading “XRP, Monero, IOTA Price Analysis: 08 February”

Ethereum cushioned its losses at the $1,536 support as the bulls targeted a rise above the 20-SMA. SNX and COMP found support at different levels on their respective charts and projected a rise towards their all-time highs once again. Ethereum [ETH] Ethereum bulls held on to the $1,536 support level and fueled a bullish bounce-backContinue reading “Ethereum, Synthetix, Compound Price Analysis: 08 February”

ADA countered bearish predictions over the past 24=hours and climbed to the fourth position in the crypto rankings on the back of buying pressure. Tezos might need an external boost to surpass its $3.5 local high while DOGE climbed to another record level. Cardano [ADA] Cardano invalidated any bearish indications to its price and positionedContinue reading “Cardano, Tezos, Dogecoin Price Analysis: 07 February”

LINK moved within a descending channel and the direction of a potential breakout was not clear at the time of writing. ATOM projected more upside moving forward as the indicators flashed bullish signals while ZEC moved within a fixed channel and awaited further cues from the broader market. Chainlink [LINK] Chainlink lost the $25.6 supportContinue reading “Chainlink, Cosmos, Zcash Price Analysis: 07 February”

Litecoin’s price recovered after a minor correction but a break above $158 was doubtful as trading volumes were on the lower side. FTT moved southbound from its all-time high but flashed bullish signals that could see the price rise to record levels once again. ALGO moved above $0.84 resistance but some additional bullish impetus wouldContinue reading “Litecoin, FTX Token, Algorand Price Analysis: 07 February”

Altcoins Binance Coin and COMP retraced from their respective all-time highs as momentum shifted towards the bearish side. However, BNB could pick up once again after a bullish divergence was spotted on the charts. Decred signaled a bearish pullback after snapping a local high.  Binance Coin [BNB] The hourly charts showed that momentum on BinanceContinue reading “Binance Coin, Compound, Decred Price Analysis 07 February”

Cardano’s price surged to its January 2018-levels, following which, it flashed red signals at the time of writing. Ontology moved lower from the $0.67-resistance level, with on-chain metrics presenting the possibility of an extended bearish outcome. Finally, Zcash climbed above its $96.9-resistance on the back of bullish cues from the broader market. Cardano [ADA] TheContinue reading “Cardano, Ontology, Zcash Price Analysis: 06 February”

Monero scaled above its $155.5-resistance level, with its indicators pointing to more bullishness in the short-term. ALGO was on its path to recovery after the price dipped by over 5% since touching a local high. Finally, XVG failed to rise above the $0.017-resistance and the price could continue to move within its present channel overContinue reading “Monero, Algorand, Verge Price Analysis: 06 February”

Although market leaders Bitcoin and Ethereum registered healthy gains over the last 24 hours, some market altcoins moved in the opposite direction and flashed bearish signals in the short-term. Tron, NEM, and Aave were a few of the altcoins that ignored cues from the broader market and traded in the red zone, at press time.Continue reading “Tron, NEM, Aave Price Analysis: 06 February”

With Bitcoin closing in on the $40,000-level and Ethereum trading at record levels, most altcoins were trading in the green, at press time. The strength of the broader market was highlighted by altcoins such as BNB and FTT, with both scaling record highs on their respective charts. However, some altcoins were not able to sustainContinue reading “Binance Coin, Augur, FTX Token Price Analysis: 06 February”