With Ethereum snapping off its immediate resistance at the $3,700-mark over the past day, Polkadot saw a 1.5% 24-hour gain at press time. Even so, the 38.2% Fibonacci resistance stood as a hindrance to Polkadot and Bitcoin Cash’s recovery phase. On the other hand, Dogecoin continued its consolidation with slight bearish tendencies. Polkadot (DOT) Although DOTContinue reading “Polkadot, Dogecoin, Bitcoin Cash Price Analysis: 03 January”

As the broader market slightly improved over the past day, Chainlink crossed the $20.86-mark after depicting a marginal bullish preference. Further, VeChain headed to test its immediate resistance but failed to gather enough volumes.  EOS rose above its 20-SMA and now found an immediate hurdle at the 50-SMA and its RSI resistance. Chainlink (LINK) AfterContinue reading “Chainlink, VeChain, EOS Price Analysis: 02 January”

The past week was a hindrance to the overall recovery phase that sprang from the long-term supports of most cryptos. Thus, Uniswap and Aave broke down from their 61.8% resistance levels while displaying a weak directional trend. On the other hand, XRP initiated a down-channel breakout with a slight bearish preference.  XRP XRP bolstered itsContinue reading “XRP, Uniswap, Aave Price Analysis: 02 January”

With Bitcoin still striving to snap off its immediate resistance at the $47,900-level, the overall sentiment failed to exhibit a bullish inclination. Solana fell below its near-term Point of Control, while Shiba Inu bulls still needed a sustained close above its 50% Fibonacci support. Decentraland, on the other hand, flashed mixed signals. Solana (SOL) TheContinue reading “Solana, Shiba Inu, MANA Price Analysis: 02 January”

As Ethereum struggled to cross the $3,766 resistance, most alts found it difficult to sustain an uninterrupted rally. The overall sentiment still remained in the ‘fear’ zone. While gathering hefty volumes was a substantial hurdle, SAND and NEAR exhibited an increasing bearish influence.  Ethereum (ETH) Following a massive sell-off, ETH saw a 12.34% decline afterContinue reading “Ethereum, SAND, NEAR Price Analysis: 02 January”

The past few days witnessed a bullish recovery attempt while the market-wide sentiment exhibited a bearish inclination. Shiba Inu struggled to cross the 20 SMA and found it difficult to cope after losing the $0.000035 level. Litecoin followed Bitcoin’s trajectory but failed to back it up with trend-altering volumes.  On the other hand, after strikingContinue reading “Shiba Inu, Litecoin, NEAR Price Analysis: 31 December”

With Bitcoin wavering between $47,000-$48,000, the market has not yet been able to propel a strong recovery. Ethereum seemed to recover from an oversold position but struggled to gather enough volumes. Besides, Dogecoin consolidated in a range that offered the highest liquidity while flashing mixed signs. Solana, on the other hand, headed to test the 61.8%Continue reading “Ethereum, Solana, Dogecoin Price Analysis: 31 December”

Post the market-wide retracements, Enjoin Coin flipped the 20 SMA from its support to immediate resistance. Further, Cardano and MANA fell below their 20-50-200 SMA.  After poking the $45,900-mark, Bitcoin registered a 3.8% jump over the past few hours. Consequently, the aforestated cryptos bounced back from their immediate supports. Their RSIs were in the recoveryContinue reading “Cardano, MANA, Enjin Coin price Analysis: 30 December”

As the crypto fear and greed index dipped into the ‘extreme fear’ zone, ETH and Dogecoin fell below their 20-50-200 SMA. Ether struggled to cross the $3,766-level while SAND looked at $5.4 as testing support.  The overall near-term technicals for these cryptos were skewed towards the bears. Ethereum (ETH) After a month-long falling wedge (yellow),Continue reading “Ethereum, Dogecoin, SAND Price Analysis: 30 December”

The broader market still struggled to initiate a swift bullish rally. Consequently, altcoins like Binance Coin, Vechain, and Ethereum Classic stayed below their 20-50-200 SMA. Now, the RSI of all these cryptos attempted a retrieval from the oversold region.  Binance Coin (BNB) After a bearish flag (yellow) breakdown, the price action found support at theContinue reading “Binance Coin, VeChain, Ethereum Classic Price Analysis: 30 December”

The fear sentiment heightened as Bitcoin re-enters the $47,000 zone. As a result, altcoins like Binance Coin, Tron and EOS saw a blip in their recovery.  The aforestated cryptos fell below their 20-50-200 SMA, as the bears evidently displayed their edge.  Binance Coin (BNB) Over the past few days, BNB formed a symmetrical broadening wedgeContinue reading “Binance Coin, Tron, EOS Price Analysis: 29 December”

The last two days marked a substantial hindrance to the recovery window. Consequently, Large-cap alts like Cardano and Polkadot along with Algorand saw double-digit losses after touching their three-week high on 27 December. While Cardano flipped the $1.47 from support to resistance, Polkadot and Algorand dipped below their 20-50-200 SMA. Cardano (ADA) As we sawContinue reading “Cardano, Polkadot, Algorand Price Analysis: 29 December”