As Bitcoin closed in on the $37,000-mark, the altcoin market looked to move in alliance with the king coin. Similarly, altcoins like TRX, XEM, and ZEC all flashed green during press time. Although momentum rested with the market’s bulls, indicators on TRX and XEM registered the possibility of a bearish pullback towards their respective supportContinue reading “Tron, NEM, Zcash Price Analysis: 19 January”
Latest Articles from Saif Naqvi
Binance Coin and Cosmos touched record levels after a surge in market leaders BTC and ETH‘s charts lifted the broader cryptocurrency market. Further down the crypto-ladder, DASH registered a breakout and was heading towards the $136.38-resistance level. Binance Coin [BNB] Binance Coin cooled off from its all-time high and traded close to the $44.75-support level.Continue reading “Binance Coin, Cosmos, Dash Price Analysis: 19 January”
Despite Bitcoin clawing back to regain the $36,000-mark, altcoins such as Monero, Ethereum Classic, and Dogecoin remained cautious and awaited further cues to make a definitive move on the charts. In fact, a bullish scenario could see XMR topple its present resistance and move towards $162.4. ETC showed bullishness, at the time of writing, butContinue reading “Monero, Ethereum Classic, Dogecoin Price Analysis: 19 January”
Cardano could lose the $0.36 support and head towards the next barrier if sellers take control. While Synthetix managed to cut losses at $14.63, and the bulls could help maintain the price above this level and Dogecoin traded within a thin channel and a breakout above the upper ceiling seemed unlikely. Cardano [ADA] After snappingContinue reading “Cardano, Synthetix, Dogecoin Price Analysis: 18 January”
Polkadot’s bull run might come to an end, and a move above resistance at $18 could depend on a broader market rally. ATOM was also at its tipping point, and a pullback towards $8.12 support seemed likely. VET rose along with the broader market and eyed the upper ceiling at $0.031 Polkadot [DOT] Polkadot usurpedContinue reading “Polkadot, Cosmos, VeChain Price Analysis: 18 January”
XRP moved within a thin channel and a breakout in either direction did not seem likely in the short-term. Tezos retested $2.84 support and eyed an upward move once again on the charts. ALGO’s price touched August 2020 levels, but a reversal seems quite likely given the overall sentiment. XRP XRP retested the $0.284 levelContinue reading “XRP, Tezos, Algorand Price Analysis: 18 January”
Binance Coin looked to revisit $38.72 as the price failed to hold up above its present resistance. Dash formed a symmetrical triangle on the charts and presented the possibility of a breakout above $135.69 resistance while SNX reversed course and fell by over 12% after hitting record levels. Binance Coin [BNB] Binance Coin retested $41.8Continue reading “Binance Coin, Dash, Synthetix Price Analysis: 17 January”
Litecoin struggled to break above its current resistance, and sellers pushed prices towards $133.03 support. VeChain retested $0.026 and moved lower as buyers struggled to maintain control of the price while ETC traded within a restricted channel and relied on broader market cues for its path forward. Litecoin [LTC] Most of Litecoin’s gains since theContinue reading “Litecoin, VeChain, Ethereum Classic Price Analysis: 17 January”
TRX moved within a fixed channel as momentum rested with neither the market’s bulls nor the bears. Augur looked to claw back to the $21.6-mark, but a boost from market leaders BTC and ETH might be required to make the ascension possible on the charts. Finally, MKR looked to break above $1,563 and targeted aContinue reading “Tron, Augur, Maker Price Analysis: 16 January”
Altcoins such as Tezos and Algorand were surging on the charts and eyed newer local highs, but the indicators suggested that a reversal could impact the prices soon. DASH projected upside as momentum was looking to shift towards the buyers. However, the extent of bullishness could be determined by the broader market. Tezos [XTZ] TezosContinue reading “Tezos, Dash, Algorand Price Analysis: 16 January”
Cardano bounced back from the $0.29-support level and targeted a break above its press time resistance, while the indicators confirmed the possibility of a bullish outcome. ONT also looked bullish and targeted its November 2020 levels as buyers maintained control. Finally, SNX traded close to its record high, but relied on a broader market trendContinue reading “Cardano, Ontology, Synthetix Price Analysis: 16 January”
Cardano entered a consolidation phase as its price refused to lean in either direction, with ADA taking its guidance from market leaders Bitcoin and Ethereum. SNX showed signs that its bullishness was coming to an end, and a move towards the $13.41-support might be a possibility. ATOM was capped at the resistance around $5.97, butContinue reading “Cardano, Synthetix, Cosmos Price Analysis: 13 January”