As Bitcoin registers a 7.19% three-day rise at press time, altcoins like Tron and Litecoin bagged similar gains to flip their 20-SMA’s as immediate support levels. The king coin would need an uninterrupted volume-backed rally to reverse the current sentiment and with it, the overall market trajectory. Contrarily, Terra entered into price discovery and pokedContinue reading “Terra, Tron, Litecoin Price Analysis: 23 December”
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While the market definitely showed some recovery signs over the last three days, Cardano and VeChain snapped off their long-term trendline resistance and reversed their trends. However, Cardano needed more volumes to confirm a stronger trend. Decentraland found a traversing range after flashing a slight bearish preference. Cardano (ADA) Just when most investors lost hope,Continue reading “Cardano, MANA, VeChain Price Analysis: 23 December”
Although bears refrained from giving the bulls a free hand, Bitcoin Cash managed to cross its immediate hurdle and found support at the 23.6% Fibonacci level. On the other hand, even though Dogecoin and Solana technicals displayed a slightly bullish bias, they encountered bearish divergences with the Volume Oscillator. Dogecoin (DOGE) After retracing by nearlyContinue reading “Dogecoin, Solana, Bitcoin Cash Price Analysis: 23 December”
The last few days have seen several bullish efforts to initiate recovery on the charts. As a result, XRP saw a sustained rally and hit the $1.01-mark. Filecoin and EOS too have been in the green zone over the last two days. However, the Crypto Fear and Greed Index is still flashing the ‘fear’ sentiment.Continue reading “XRP, Filecoin, EOS Price Analysis: 23 December”
The last two days witnessed a notable recovery for most alts as Ether crossed the $4,000-mark. But the bears were quick to prevent a sustained bullish rally. Accordingly, Litecoin continued its descending triangle while flashing weak near-term technicals. Avalanche found immediate testing support at the 23.6% Fibonacci level while Algorand struggled to cross the $1.39-mark.Continue reading “Avalanche, Algorand, Litecoin Price Analysis: 22 December”
XRP seemed to lead the recovery phase after an impressive run but saw a pullback after a bearish divergence from the $.95-mark. EOS finally broke out of the symmetrical triangle but could not back it up with strong bullish technicals. On the other hand, Enjin coin saw a dip after crossing the $2.5-level as itsContinue reading “XRP, EOS, Enjin Coin Price Analysis: 22 December”
Although the fear sentiment lightened, the bulls failed to gather increased trading volumes for depicting a strong trend reversal. Consequently, SOL showed slackening signs after poking the $187-level. While Ethereum Classic and MANA saw a decent week-long recovery, the overall directional trend still remained weak. Solana (SOL) A sharp trend reversal seemed to take placeContinue reading “Solana, Ethereum Classic, Decentraland Price Analysis: 22 December”
As the crypto fear and greed index is just five points below the ‘Neutral’ sentiment, the crypto market sees a decent recovery. Consequently, Ethereum saw a much-awaited jump above the $4,000 mark but displayed a weak directional trend. On the other hand, Dogecoin consolidated and DOT crossed the 50-SMA while flashing bullish technicals. Ethereum (ETH)Continue reading “Ethereum, Dogecoin, Polkadot Price Analysis: 22 December”
Polkadot saw an expected dropdown from the 20-SMA level while it continued to flash bearish technical indications. AAVE saw an uptrend and managed to form a reversal pattern on the 4-hour timeframe. Moreover, Binance Coin flashed mixed signs after forming a bearish flag. Polkadot (DOT) DOT bears over-retraced its previous bull run in an up-channelContinue reading “Polkadot, Binance Coin, Aave Price Analysis: 19 December”
As the ‘fear’ condition still existed, Bitcoin floundered around the $47,000 mark while XRP technical indicators flashed mixed signals. Metaverse tokens like Decentraland and The Sandbox correlated as their price action jumped above the 50-SMA while flashing slightly bullish indications. XRP XRP managed to form two ascending triangles over the past 15 days and foundContinue reading “XRP, MANA, The Sandbox Price Analysis: 19 December”
While fear sentiment had deeply seeped in, it became tougher for the bulls to gather trend-altering volumes. As Dogecoin and EOS continued their bearish streak, Chainlink kept the near-term revival hopes alive for the bulls. Dogecoin (DOGE) DOGE retraced most of its previous gain by noting a 21.9% fall in the last five days. ThisContinue reading “Dogecoin, Chainlink, EOS Price Analysis: 19 December”
While the Bitcoin fear and greed index saw a 6 point surge in 2 days, the bulls gained some motion as Bitcoin and Ethereum were up by more than 2.5% over the past 24-hours. However, Shiba Inu bulls struggled to trigger an uptrend after the bears breached the 61.8% Fibonacci support. Ethereum (ETH) On itsContinue reading “Ethereum, Shiba Inu, Algorand Price Analysis: 19 December”