Bitcoin Cash and IOTA were primed for a breakout as they formed a triangle pattern on declining trading volumes. Compound flipped the $211 level to support and was headed towards $250. Bitcoin Cash [BCH] Over the past few days, the trading volume has been declining while BCH formed a triangle pattern and was poised forContinue reading “Bitcoin Cash, IOTA, Compound Price Analysis: 18 January”

Cryptocurrency trading comes with a fair share of challenges that have discouraged a decent number of investors. This new type of currency is unique to the market, and a large percentage of the world’s population is unaware of how to acquire store, and use digital coins. Investing in this realm can be profitable, but beginnersContinue reading “Cryptocurrency CFD Trading with Avatrade; All you need to Know”

Ethereum headed lower to a level of support at $1150, and if bulls are unable to defend this level, ETH could be headed to the $1000 region. Monero has been slipping lower on the charts over the past week, while DigiByte formed a descending triangle pattern and was poised for a breakout. Ethereum [ETH] ETHContinue reading “Ethereum, Monero, DigiByte Price Analysis: 18 January”

Setting a new all-time high seems to be in fashion for many cryptocurrencies. Binance Coin joined the growing list as it rose past $47 in the early hours of Jan 18. However, after having breached the $47 level the coin experienced a pullback and was trading close to $46 at press time. The coin heldContinue reading “Binance Coin goes past $47, sets a new ATH”

Cardano flipped the $0.32 to support and showed that it was on the verge of breaking past $0.385 resistance as it neared its 2-year highs. Cosmos posted rapid gains over the past few days and was retracing some of those gains. Basic Attention Token was rejected once more at a level of resistance that hasContinue reading “Cardano, Cosmos, BAT Price Analysis: 17 January”

Polkadot showed bearish divergence, and while a pullback isn’t mandated, some regions of support can offer good buying opportunities. Ontology was bullish on the charts and was likely to flip the $0.68 level to support, and FTX Token was unable to break past the $9.8 region over the past few days. Polkadot [DOT] On theContinue reading “Polkadot, Ontology, FTX Token Price Analysis: 17 January”

Bitcoin Cash bounced between the $450 and $520 regions as neither buyers nor sellers were able to assert their dominance in the market. Zcash faced some short-term bearishness as it headed toward the $100 region of support, while Decred shrugged off last week’s drop and looked likely to flip the $60 level to support. BitcoinContinue reading “Bitcoin Cash, Zcash, Decred Price Analysis: 17 January”

Chainlink saw a bearish divergence on the lower timeframe and experienced a minor dip to test the support at $19.8, but its long-term outlook is strongly bullish. IOTA appeared to invalidate a bullish pattern and could be headed to $0.4 support in the coming hours while Compound continued to register gains. Meanwhile, in the caseContinue reading “Chainlink, IOTA, Compound Price Analysis: 17 January”

XRP was unable to breach the $0.3 level of resistance as it traded in the $0.28 region, even as announcements of it being delisted from popular exchanges rolled in. Tron flipped a level of resistance to support but did not possess strong upside momentum, and Dogecoin was quiet on the charts as well. XRP UsingContinue reading “XRP, Tron, Dogecoin Price Analysis: 17 January”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink looked to be strongly bullish on the price charts as it broke past its previous all-time high to touch $22.56. While the market-wide correction on 10 January saw LINK drop from $17 toContinue reading “Chainlink Price Analysis: 16 January”

Bitcoin SV exhibited falling volatility and trade volume on the price charts and could be set to consolidate above a level of support at $216. Waves and VeChain, however, appeared primed for a breakout to the upside. Bitcoin SV [BSV] On the 4-hour chart, the Bollinger Bands indicated that while significant volatility was seen overContinue reading “Bitcoin SV, Waves, VeChain Price Analysis: 16 January”

Binance Coin appeared to be forming a bullish pattern that wasn’t yet confirmed, but it could see a breakout in the coming days towards the $45-mark. STEEM bounced off a level of support as it rose towards a level of resistance once more. Finally, Compound was making steady gains as it breached $200 and lookedContinue reading “Binance Coin, STEEM, Compound Price Analysis: 16 January”