Tron hovered above its support level, but the market’s bulls could struggle to keep the price afloat in the short-term. Verge moved within a confined channel as momentum sided with neither the bulls nor the bears. Finally, Dogecoin fell below the $0.0085-resistance, but the indicators projected a bullish bounceback. Tron [TRX] Tron’s price fell towardsContinue reading “Tron, Verge, Dogecoin Price Analysis: 26 January”
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Bitcoin Cash floated above its 200-SMA and a move below this level was not expected over the next few trading sessions. ALGO’s short-term movement was mixed and a move in either direction would be dependent on cues from the broader market. Finally, DGB formed a bullish divergence on the CMF, projecting that the price couldContinue reading “Bitcoin Cash, Algorand, DigiByte Price Analysis: 26 January”
EOS was trading below its 200-SMA and projected a prolonged bear market as its indicators favored the selling side. XEM targeted a move above the $0.229-resistance, backed by a surge in trading volumes and buying activity. Finally, COMP failed to breach its immediate resistance and a shift of momentum towards the bearish side could seeContinue reading “EOS, NEM, Compound Price Analysis: 26 January”
Stellar Lumens traded below its 20-SMA and underlined a bearish market as the price headed towards its $0.24-support level. WAVES moved below an ascending parallel channel and a fall towards the $6.4-support could offer confirmation to the pattern. Finally, DASH found support at $130, but limited buying activity and trading volumes could keep the priceContinue reading “Stellar Lumens, Waves, Dash Price Analysis: 26 January”
After Bitcoin forfeited the $33,000-mark, altcoins such as Stellar Lumens, Cosmos, and Zcash moved within a range and awaited further signals from the market leader to make a stronger move on the charts. Stellar Lumens [XLM] Stellar Lumens moved within the tight channel of $0.28 and $0.26 as trading volumes remained subdued over the lastContinue reading “Stellar Lumens, Cosmos, Zcash Price Analysis: 23 January”
Bitcoin Cash traded close to the $426.4-support level and awaited cues from Bitcoin for a definitive move forward. SNX moved back above its $14.2-support level, but lacked the volume to rise higher on the charts. Finally, DASH cut its losses at the $94.6-support and eyed a move above the resistance level at $109.7. Bitcoin CashContinue reading “Bitcoin Cash, Synthetix, Dash Price Analysis: 23 January”
Binance Coin cut its losses at $38.46, with the market’s bulls looking to target a break above $41.78. REP moved between $21.73 and $20.6, but a shift in momentum towards the bearish side could see the price test its press time support level. Finally, COMP rose above its 50-SMA but it was unlikely to maintainContinue reading “Binance Coin, Augur, Compound Price Analysis: 23 January”
Chainlink and Aave moved south after touching record levels as losses in the broader market had a negative effect on their prices. Further, Compound too flashed red, at press time, after a breakout was witnessed from its rising wedge pattern. Chainlink [LINK] After touching record levels, Chainlink’s price cooled down and fell by over 15%Continue reading “Chainlink, Aave, Compound Price Analysis: 20 January”
Bitcoin Cash eyed a move towards the $469.4-support level as the price moved south from its 20-SMA and 50-SMA. SNX registered a correction after the price fell by over 9% following its all-time high. Finally, ONT moved south from an ascending parallel channel and targeted the $0.591-support level. Bitcoin Cash [BCH] Bitcoin Cash seemed bearish,Continue reading “Bitcoin Cash, Synthetix, Ontology Price Analysis: 20 January”
Stellar Lumens moved within a fixed channel of $0.319 and $0.287, at press time, and a breakout in either direction did not seem likely over the next few trading sessions. WAVES formed an ascending channel on the charts, and a southbound breakout could see the price test the support level at $6.2. Finally, IOTA registeredContinue reading “Stellar Lumens, Waves, IOTA Price Analysis: 20 January”
After Bitcoin failed to hold on to the $36,000-level, the larger altcoin market registered negative gains on the charts. Alts such as Litecoin and Algorand flashed red at press time and traded close to their respective support levels. On the other hand, VeChain ignored broader market cues and surged to record levels. Litecoin [LTC] LitecoinContinue reading “Litecoin, Algorand, VeChain Price Analysis: 20 January”
EOS eyed a breakout from its press time channel to touch the $2.91-resistance level. BAT formed an ascending triangle on the chart and a northbound breakout can be seen over the coming days. Finally, MKR moved within a fixed channel and although the price was bullish, a move above its press time resistance level wasContinue reading “EOS, Basic Attention Token, Maker Price Analysis: 19 January”