So far, the month of October has belonged to the market leaders Bitcoin and Ethereum. With the top two digital assets making inroads to new ATH’s, other coins waited in the wings to register price hikes off their own. Ethereum’s advance was in the forward direction. A daily close above $4,000 would allow ETH toContinue reading “This is a major hint with regards to an upcoming price swing for Ethereum”

Litecoin has approached a critical juncture at the 50% Fibonacci Retracement level. A daily close above the $190-mark would allow LTC to overturn a stubborn resistance and be in hot pursuit of its September local high. If bullish momentum wavers over the coming week, bears could take advance of the chinks in LTC’s armor andContinue reading “Litecoin targets September high as it approaches potential make or break moment”

Fantom has had a stellar performance over the last month after witnessing a period of stagnation in mid-September. A near 100% hike in valuation during the second week of October accelerated FTM’s performance as the alt smashed past the $2-mark and set new records. However, as FTM overcame new milestones each week, some signs ofContinue reading “What these signs indicate about Fantom crossing the $2-mark”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Although Ethereum Classic has maintained a positive ROI of 6% in October so far, a host of altcoins have managed to outperform the world’s 29th largest cryptocurrency. On the chart, ETC’s price action hasContinue reading “Ethereum Classic: Is it time to negate yet another bearish setup on the chart”

Cardano was approaching the next higher low within a symmetrical triangle and was dangerously close to a breakdown from the pattern. A move below $2.07 could spiral into some unwanted losses by opening a route to $1.83. This outlook was backed by the daily RSI, which was rejected at the mid-line after  a fourth breakoutContinue reading “Why it is imperative for Cardano to gather strength right now”

Dogecoin’s bullish trajectory since mid-October has been a welcoming change following tepid movement in September. DOGE’s value has risen by nearly 30% since last week and the alt is currently challenging a crucial resistance zone in order to unlock its full potential. However, keep in mind that DOGE’s price progression needs to be backed byContinue reading “Dogecoin needs to do this to unlock its full potential”

Stellar Lumens has had a phenomenal start to October. A near 66% run up to a local high of $0.0417 was responsive at important Fibonacci levels, which allowed for healthy price progression. Another buy opportunity was at the table as XLM approached the confluence of 50-SMA (yellow) and the 61.8% Fibonacci level. An upwards pushContinue reading “Stellar Lumens: Traders can long at this ‘ideal’ entry point”

Since last week, LUNA maintained its consolidatory phase, trading within the tight channel of $40-$35. However, bulls have been paving way for an upwards breakout- a finding backed by bullish divergences along the RSI, MACD and Awesome Oscillator. Market observers should keep an eye out for a close above the confluence of the 200-SMA andContinue reading “This can spur a move to a fresh ATH for LUNA”

It’s natural to be hunting for attractive investments in the altcoin market right now. Once market leader Bitcoin scales to a new ATH, alts would be waiting in the wings for a rally of their own. Now Polkadot makes a strong argument that its anticipated jump would come sooner than most of its peers, owingContinue reading “Polkadot could ease at these price levels before a new ATH”

Gains seen in market leaders Bitcoin and Ethereum have propelled certain altcoins to new heights. Recently, the likes of Shiba Inu, Polkadot, MATIC and now Stellar have seen strong rallies amidst a risk-on broader market. While these coins garnered much interest from the crypto community, Cardano failed to deliver on bullish expectations. In fact, theContinue reading “A closer look at Cardano’s daily, weekly charts reveals this”

Bitcoin Cash has generated a good amount pressure over the past three weeks. Currently trading at a 37% premium compared to its late-September lows, BCH was on the hunt for higher price levels. However, its path to April and May highs was cluttered with several near-term obstacles. The daily 200-SMA (green), 61.8% Fibonacci Extension levelContinue reading “This will bring stability for Bitcoin Cash going forward”

Since its staggering rally in September, Solana has been unable to any deliver fresh highs to add to its burgeoning repertoire. In fact, its value has whittled steadily on the chart and was currently trading at a 23% discount to its ATH. Although a bullish start to October looked promising, SOL could not carry aboveContinue reading “Traders need to factor in these aspects when it comes to Solana’s price trajectory”