As the broader market continues its steady slump, Shiba Inu and IOTA see a breakdown below the 61.8% Fibonacci level. Moreover, Cardano bears breached the crucial $1.26-mark while the near-term technicals for all these cryptos demonstrated a bearish bias.  Cardano (ADA) ADA continued its bearish streak and formed a descending triangle on its 4-hour chart over theContinue reading “Cardano, Shiba Inu, IOTA Price Analysis: 15 December”

With Bitcoin trading at around $48,000 and Ethereum trading between $3,800-3950, the bearish sentiment was driving most alts, at press time.  The selling pressure was most evident in Sushi, as its bulls failed to uphold the 11-month-long resistance. Also, XRP and MANA charts projected substantial dips along with bearish near-term technicals. XRP Although Ripple’s XRP crossed theContinue reading “XRP, MANA, Sushi Price Analysis: 15 December”

As the crypto market reached the $2.3T-mark, altcoins like Chainlink and Uniswap failed to uphold their multi-month-long resistance levels. These cryptos saw a swift decline after a rising wedge breakout.  On the other hand, AAVE marked a falling wedge while flashing mixed signs. Chainlink (LINK) LINK witnessed a rising wedge breakout on 9 December as theContinue reading “Chainlink, Uniswap, Aave Price Analysis: 15 December”

While Bitcoin entered the $45,000 zone on 13 December, the domino effect led Binance Coin and VeChain to breach their long-term resistance levels. Moreover, EOS still struggled to cross the 38.2% Fibonacci hurdle.  Binance Coin (BNB) BNB formed a descending channel (white) after an up-channel breakdown on 9 December. As a result, the alt sawContinue reading “Binance Coin, VeChain, EOS Price Analysis: 15 December”

Most altcoins tried to recover as the bears extended their trend and capitalized on the broader sentiment. Altcoins like Polkadot and Litecoin formed a bearish flag while MANA recovered from a bearish pennant over the past day. The near-term technicals for these cryptos undeniably preferred the bears. Polkadot (DOT) DOT has rather aggressively declined afterContinue reading “Polkadot, Litecoin, MANA Price Analysis: 10 December”

While the ADA, LINK, and TRX bulls were able to claw back to their long-term support levels, the onus fell on the market leader to change the broader sentiment.   Besides, Chainlink managed to cross the 38.2% Fibonacci resistance with a recent bullish push, but its near-term technicals (like Cardano) flashed a bearish bias.  Cardano (ADA)Continue reading “Cardano, Chainlink, Tron Price Analysis: 10 December”

While most cryptos struggled to counter the steep breakdown that occurred on 3 December, Terra’s LUNA saw soaring gains during the recovery phase until it touched its ATH on 5 December.  Solana, on the other hand, grappled to turn the trend into its favor while Binance Coin flashed mixed signs.  Binance Coin (BNB) BNB recurringlyContinue reading “Binance Coin, Solana, Terra Price Analysis: 10 December”

After a short recovery window, the crypto market continued its bearish drift. As a result, altcoins like Bitcoin Cash, MATIC and AVAX were down by over 4% in 24-hours.  Bitcoin Cash and Avalanche flashed weak technical indications after forming a bearish flag on their 4-hour chart. Also, after hitting its six-month high on 8 December,Continue reading “MATIC, Bitcoin Cash, Avalanche Price Analysis: 10 December”

The broader market continued to flash a bearish outlook as the RSI of altcoins like Polkadot, Solana, and Bitcoin Cash strived to cross the midline. Furthermore, the near-term technicals for all these cryptos preferred the bears and correlated with the broader trend. Polkadot (DOT) DOT bears accelerated their bearish swing over the past month afterContinue reading “Polkadot, Solana, Bitcoin Cash Price Analysis: 9 December”

While the broader market remained stable, several cryptos displayed promising recovery signs. XRP managed to cross the 38.2% Fibonacci level and noted a double-digit 24-hour gain.  Contrarily, EOS saw a pullback from the aforestated level as the bulls again strive to retest it. Shiba Inu, on the other hand, projected a slight bearish bias. XRPContinue reading “XRP, Shiba Inu, EOS Price Analysis: 9 December”

While the market refrained from high volatility over the last day, Ethereum and Chainlink technicals hinted at a slight bullish bias. Ethereum managed to breach the 61.8% hurdle while Chainlink struggled to cross the golden Fibonacci level after forming a reversal pattern. On the other hand, VeChain continued its bearish movement.  Ethereum (ETH) King altContinue reading “Ethereum, Chainlink, VeChain Price Analysis: 9 December”

As the broader trend swayed in favor of the sellers, the crypto market was in red in the last 24 hours. As a result, Dogecoin and Avalanche formed bearish patterns on their charts. Near-term technicals of Cardano, Dogecoin, and Avalanche depicted a bearish bias while projecting the recent bullish recovery.  Cardano (ADA) With the recentContinue reading “Cardano, Dogecoin, Avalanche Price Analysis: 8 December”