Litecoin steered clear of its 200-SMA, with a broader market rally likely to push the crypto’s price north of its $154.7-resistance level. NEO could move within a fixed channel over the next few sessions, especially since the trading volumes were subdued across the market. Finally, UNI’s consolidation phase could last for a few more sessionsContinue reading “Litecoin, Neo, UNI Price Analysis: 03 February”

Tron was trading within an ascending triangle at the time of writing, but the indicators did not favor a breakout over the next few trading sessions. Aave flashed bullish signals and looked to snap newer highs on the charts while COMP was projected to rise above record levels after a bullish divergence formed on theContinue reading “Tron, Aave, Compound Price Analysis: 03 February”

Despite many of the market’s altcoins registering gains on the price charts, cryptos such as Tezos, Ontology, and Verge exhibited some bearishness, at the time of writing. XTZ could shift towards the selling side if the price moves below the 20-SMA (light red). ONT presented the possibility of a southbound breakout, but the bulls couldContinue reading “Tezos, Ontology, Verge Price Analysis: 03 February”

With market leaders Bitcoin and Ethereum rising by 7.6% and 11.9%, respectively, at the time of writing, altcoins such as Bitcoin Cash, NEM, and DASH rode the bullish wave and recorded gains on the charts. However, BCH and NEM formed bearish divergences and were predicted to fall in the short-term, barring a further rally inContinue reading “Bitcoin Cash, NEM, Dash Price Analysis: 03 February”

Monero flipped the $143-resistance level, but a move above $148 was unlikely as the bullish momentum slowed down. IOTA registered rangebound behavior as trading volumes were weak. Even though DOGE was predicted to fall in the short-term, uncertainty shrouded its future trajectory. Monero [XMR] The market’s bulls regained the $143-price level as Monero moved towardsContinue reading “Monero, IOTA, Dogecoin Price Analysis: 02 February”

XRP fell sharply over the past 24 hours after selling pressure gripped the market, with further southbound movement expected over the next few trading sessions. Augur projected short-term bearishness as the price slipped below its 20-SMA. Finally, CRO targeted a rise above the $0.065-resistance as buying activity was on the up. XRP Selling pressure piledContinue reading “XRP, Augur, Crypto.com Coin Price Analysis: 02 February”

Bitcoin SV was projected to move within its range and a break above the $183-resistance level did not seem likely. On the contrary, BAT traded within its parallel channel and a breakout seemed imminent over the next few trading sessions. Finally, ZEC managed to rise above its upper trendline, but the price could reverse itsContinue reading “Bitcoin SV, Basic Attention Token, Zcash Price Analysis: 02 February”

LINK seemed to be targeting a move above its $24.29-resistance, but weak momentum meant that the market’s bulls could struggle to lift the price on the charts. Healthy buying activity and an uptick in trading volumes backed STEEM for a rise above its $0.19-resistance. Finally, MKR’s bearish cycle could spill over to the next fewContinue reading “Chainlink, STEEM, Maker Price Analysis: 02 February”

Altcoins BNB and COMP maintained their January uptrend as their price set new records at press time. Nevertheless, they were primed for a reversal as the indicators flashed bearish signals. DCR was rejected at $66.8 resistance, but strong trading volume suggested that the price would eventually break above the resistance mark. Binance Coin [BNB] BinanceContinue reading “Binance Coin, Compound, Decred Price Analysis: 01 February”

Although the month of January saw Bitcoin and Ethereum rise towards record levels, a correction soon followed and the market leaders saw their gains drop. The rest of the altcoin market reacted in a similar fashion and fell on the charts after a solid start to the month. Similarly, altcoins LTC, VET, and ETC wereContinue reading “Litecoin, VeChain, Ethereum Classic Price Analysis: 01 February”

Although the broader altcoin market saw mixed signals on the charts over the past 24 hours, BCH, TRX, and FTT flashed bullish signals at press time. BCH eyed a move above its 20-SMA, while FTT looked to break above the upper ceiling at $11.6. TRX was also projected to rise higher on the charts, butContinue reading “Bitcoin Cash, Tron, FTX Token Price Analysis: 01 February”

Stellar Lumens climbed above its immediate resistance on the charts but the indicators did not favor an extended rally. Altcoins XTZ and DASH projected rangebound movement as there was a shortage of buyers in their market. Stellar Lumens [XLM] Stellar Lumens broke above $0.239 resistance after it witnessed some buying pressure over the past coupleContinue reading “Stellar Lumens, Tezos, Dash Price Analysis: 01 February”