The correlation between Bitcoin and Bitcoin Cash stood strong at 0.729, showing a positive correlation between the prices of the two (denominated in USD). Bitcoin Cash saw some bullish news in recent weeks when it was announced that merchants that have integrated PayPal will be able to accept payments in BCH. Bitcoin Cash 12-hour chartContinue reading “Bitcoin Cash Price Analysis: 10 April”
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Polkadot could soon flip the $42 level to support and continue northward. VeChain was also in a strong uptrend targeting $0.152, and SushiSwap was trending downward but could show some price compression between $14.4-$15 before a strong momentum move outside that area. Polkadot [DOT] Polkadot was trading above the $42 level once more. It hasContinue reading “Polkadot, VeChain, SushiSwap Price Analysis: 10 April”
News of former Ripple executives dumping XRP in the market, or developments in the SEC’s lawsuit against Ripple, has hit the market at regular intervals, and yet the price has been surging in the past few weeks. This pointed toward a strong bullish market sentiment, and buyers are likely to drive prices higher, with someContinue reading “XRP Price Analysis: 10 April”
Binance Coin registered huge gains in the past few weeks. BitTorrent Token could consolidate before seeing recovery, while Ontology could face selling pressure if it falls out of the rising channel it was trading within. Binance Coin [BNB] From March 25 to April 10, at the time of writing, BNB has climbed from $225 toContinue reading “Binance Coin, BitTorrent Token, Ontology Price Analysis: 10 April”
Ethereum was nearing the $2150 mark once more and could flip this level to support in the hours to come. Dogecoin showed neutral to slightly bullish momentum, and Waves retraced some of its recent, remarkable gains. Ethereum [ETH] ETH was once more knocking on the doors of the $2150 resistance. The Accumulation/Distribution continued its uptrendContinue reading “Ethereum, Dogecoin, Waves Price Analysis: 10 April”
1,000 Uniquely Generated Ape NFTs ?? ApeSwap.finance ApeSwap wouldn’t be a true crypto project without dipping its toes into the NFT space ? So we’re excited to present to you, Non-Fungible Apes! They launched on the 8th of April and sold out in less than 2 minutes, some already re-sold for up to 32x theirContinue reading “Meet ApeSwap’s Non Fungible Apes”
Former White House Communications Director and Founder of SkyBridge Capital Antony Scaramucci stated he was “positive on Ethereum“, and that there is a “very big market” for the largest altcoin, citing various factors such as the interest in NFTs and the network’s fundamentals. The announcement from Visa that they plan to offer the capability toContinue reading “Ethereum Price Analysis: 09 April”
The past few weeks have seen good news roll in for the Cardano ecosystem. The CEO Charles Hoskinson revealed that Cardano was planning to give importance to the NFT marketplace and that his team had already negotiated with several of the top-10 NFT marketplaces about porting them over to Cardano. He had also spoken atContinue reading “Cardano Price Analysis: 09 April”
Bitcoin’s move past $58.2k could be the beginning of increased gains across the altcoin market. Momentum was strongly bullish for IOTA, and Chainlink is likely to reach $33.4 and $35 in the coming days. Elrond established an uptrend after breaking above $150. Chainlink [LINK] Chainlink saw a correction from $35 to $30.84 after displaying aContinue reading “Chainlink, IOTA, Elrond Price Analysis: 09 April”
Litecoin formed a rising wedge pattern and could dip back to $217 in the coming hours, although its long-term outlook remains bullish. Monero was forming what appeared to be an ascending triangle pattern. Chiliz bulls quickly bought up a drop to $0.38 to reclaim the $0.47 support. Litecoin [LTC] LTC formed a rising wedge onContinue reading “Litecoin, Monero, Chiliz Price Analysis: 09 April”
Bitcoin bounced off the $56k mark but faced some resistance at $58.3k and this bounce saw the alts recuperate in the past couple of days. Uniswap climbed above an area of supply around the $29 area. BitTorrent Token and Hedera Hashgraph could see further consolidation over the next few days. Uniswap [UNI] UNI climbed pastContinue reading “Uniswap, BitTorrent Token, Hedera Hashgraph Price Analysis: 09 April”
Stellar Lumens bounced off the $0.45-level to trade just under the $0.5-resistance. YFI registered a bearish divergence and Harmony’s charts suggested that the selling pressure of the past two weeks was not at an end yet. Stellar Lumens [XLM] Since the 25th and 26th March, XLM has seen strong gains from the $0.35-level of support.Continue reading “Stellar Lumens, YFI, Harmony Price Analysis: 08 April”