Bitcoin’s grand entry back to the $50k mark on 23 August was a major milestone. Not just for the king coin, but the entire crypto-verse. For the first time in over three months, BTC’s return to $50,000 finally broke a major, much-anticipated resistance level. A level below which the crypto had been stuck for aContinue reading “Is Bitcoin approaching a never seen before ‘mega-pump’ “

XRP’s price action has been a rather interesting space to watch over the last three, four months. Its move from $1.9 to $0.5 and now back to $1.2 has been a remarkable journey, to say the least. Undeniably, the Ripple v. SEC lawsuit has been a driving factor behind the rise and fall of XRP.Continue reading “Can this metric’s decline play spoilsport to XRP’s recovery”

Looking back at 22 July, ADA was trading at $1.1 at the time. On 22 August, however, Cardano registered a new ATH of $2.65. With ADA oscillating around $2.5 at press time, the third-ranked altcoin was bullish on the one-day, one-hour, and one-week charts.  It can actually be argued that ADA is one of theContinue reading “Cardano can surge to $5, but these conditions stand in its way”

This rally has been particularly exciting for the market, especially for altcoins such as Cardano, Solana, and LUNA that made new ATHs. On the other hand, while Chainlink has had a solid run too, it was still 50% down from its ATH at press time. When Chainlink jumped back to $28.70 on 20 August, reboundingContinue reading “Here’s the red flag to Chainlink’s remarkable rally”

Bitcoin has maintained itself well above $47.5k since 20 August. As its price broke above the critical $48k barrier, many from the community saw the path beyond $50k clearly. Since the king coin still has a few resistance levels to break before it can oscillate above $50k, the spot market is somewhat cautious of itsContinue reading “Why Bitcoin’s market right now is more bullish than otherwise”

As Ethereum’s price took off, the Defi space boomed too. A number of Defi tokens rallied as the market took a bullish turn. While it wasn’t surprising considering the larger market’s rally, it was noteworthy that movement in the Defi space was somewhat independent of it.  On August 21, as the crypto market cap hitContinue reading “What the rise in borrowers has in store for AAVE, Maker, COMP”

With the cumulative market cap back above $2 trillion, all eyes are on the top two cryptos. Bitcoin’s breakout from its recent consolidation has created room for the king coin and altcoins to move higher. Ethereum was quick to follow BTC’s uptrend as it retested the $3,300-mark on 20 August and then again, at theContinue reading “Ethereum: The road to $3500 is clear but…”

Bitcoin‘s price action has been exciting enough to keep traders and investors on the edge of their seats over the last few weeks. After oscillating close to $45k for two days in a row, the crypto finally retested and breached the $48k level. In fact, at press time, BTC was trading just under $49,000 onContinue reading “Why Bitcoin’s breakout towards $50k is all but confirmed”

Ethereum has seen a massive surge in retail demand since the London upgrade went live. ETH’s price losing ground for four days fueled a worrisome mood in the market. However, hopes were soon restored as the top altcoin saw gains of 9.5% at press time.  In spite of these gains, trade volumes for Ethereum’s spotContinue reading “Ethereum: These are the early signs traders expecting a rally should look out for”

At press time, Solana was up by 70% on the weekly timeframe, having registered losses of only 1% on the daily window. In fact, after hitting an ATH of $80.5, the token was trading just under the $75 price level, at press time. In noting these figures, Solana, alongside Cardano, seemed to emerge as oneContinue reading “Will it be too long before Solana’s traders see a new ATH”

Ethereum, after three weeks of strong price performances, finally found support above the $3k level. However, as the market consolidated, Ethereum’s price saw a few dips over a few days. Its price action reversed course soon though thanks to Bitcoin gaining on the chart. In fact, the same pushed ETH beyond the $3200-mark. After theContinue reading “This emerging trend in Ethereum’s market could dictate where ETH goes next”

Bitcoin’s price rallied this month from a daily low of $40k to a high of above $47k. In this market, however, nothing is constant. The king coin noting weekly losses, before recovering somewhat at press time, was a case in point. Bitcoin bulls have always made an optimistic case for the asset, hoping its priceContinue reading “Bitcoin to $100K still very likely, but here’s the catch “