The previous day’s Bitcoin drop affected the altcoin market significantly. Bitcoin Cash posted losses of nearly 15%, but bulls had some hope, as long as the price remained above $300. Tron was likely to climb a little higher up the charts to test a level of resistance before another move downward. Cosmos was trading atContinue reading “Bitcoin Cash, Tron, Cosmos Price Analysis: 22 December”
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Bitcoin had dropped from $23,980 to $22,900, at the time of writing, with BTC wicking as low as $22,400. On the other hand, XRP was unable to rise past the $0.6-region and faced pressure from sellers, pressure that could see XRP revisit $0.5 once more. IOTA plunged under two of its short-term moving averages, butContinue reading “XRP, IOTA, Dogecoin Price Analysis: 21 December”
Binance Coin climbed to a local high of $35.69 and it could be set to retrace some of its gains on the charts. Augur registered a massive spike to the upside a few days back, one that was pushed down, and subsequently, it was forced to retrace some gains before initiating another move upwards. VergeContinue reading “Binance Coin, Augur, Verge Price Analysis: 21 December”
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Crypto-Trading Platform Bityard With Integrated Copy Trading Function Launched For Global Investors
Bityard, a fairly new crypto exchange, currently focuses primarily on crypto asset trading. According to the developers, Bityard is under the regulations of The Accounting and Corporate Regulatory Authority of the Singapore government and is officially recognized as a Money Services Business or MSB in the USA. The crypto exchange is also accredited by theContinue reading “Crypto-Trading Platform Bityard With Integrated Copy Trading Function Launched For Global Investors”
Chainlink registered short-term bearishness and was headed towards its level of support at $12.65 once more. Ontology bounced off the $0.54-level of support while Decred was trading in a region where a break to either direction could decide the direction of the next move for the crypto-asset. Chainlink [LINK] LINK broke out of a descendingContinue reading “Chainlink, Ontology, Decred Price Analysis: 21 December”
While the year 2020 has been quite historical, one of the most profound changes to the global economy has been the inception and utilization of Decentralized Finance via Distributed Ledger Technology – also known as Blockchain. On the surface, the Nebulas Blockchain may appear to offer ‘just another alt-coin’, but since 2017, Nebulas has provenContinue reading “Nebulas announces cross-chain assets and decentralized exchange”
Litecoin shot upwards and sailed past the $100-level of resistance while Waves faced strong selling pressure and ceded a level of support to the market’s bears after it lost nearly 18% of its value within a span of five days. Finally, FTX Token exhibited a bearish divergence on the charts and it could see aContinue reading “Litecoin, Waves, FTX Token Price Analysis: 21 December”
Bitcoin’s dominance continued to rise and stood at 67.13%, at the time of writing. While some large-cap altcoins stagnated, others surged on the charts. Bitcoin Cash posted strong gains over the past few days and some consolidation around $374 could be seen too. Cosmos bounced off the $5-level and was likely to bump into theContinue reading “Bitcoin Cash, Cosmos, Enjin Price Analysis: 21 December”
Tron dipped as far south as $0.027 two weeks ago, but it has recovered since after posting steady gains as the market’s bulls reclaimed the important $0.03-level from the market’s bears. Aave faced a ceiling around the $94-mark and VeChain formed an ascending triangle pattern that could see a bullish breakout. Tron [TRX] The mostContinue reading “Tron, Aave, VeChain Price Analysis: 20 December”
Monero traded within a range over the past week and while it lacked momentum in the short-term, its long-term outlook remained strongly bullish. Polkadot formed a bullish reversal pattern, one that could break out to see the price move towards $5.8, while Compound treaded water above the $152-support level to denote a phase of consolidation.Continue reading “Monero, Polkadot, Compound Price Analysis: 20 December”
Bitcoin SV rocketed past a crucial retracement level, but it recorded some underwhelming trading volume when doing so. Basic Attention Token was on a strong uptrend, one that could take it past the $0.27-resistance level in the coming days, while OKB noted a possible lack of buyers’ conviction, despite its recent gains. Bitcoin SV [BSV]Continue reading “Bitcoin SV, BAT, OKB Price Analysis: 20 December”
Stellar Lumens was in a consolidation phase after its strong performance in November. In the short-term, it lacked any momentum and the $0.172-level of support can be expected to hold. Synthetix’s charts noted a bearish divergence, but the bulls could be back in control after a minor dip. Nano retraced some gains from late-November andContinue reading “Stellar Lumens, Synthetix, Nano Price Analysis: 20 December”