The altcoin market did not move as a unit. In fact, while some large-cap coins such as Litecoin saw huge gains and EOS, NEM registered strong performances across the board, Zcash underlined short-term bearishness. EOS EOS formed a falling wedge, one that broke out above the $3-level of resistance, and at the time of writing, wasContinue reading “EOS, NEM, Zcash Price Analysis: 20 December”
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Omni Futures LLC has received significant interest since its recent founding and is starting series A funding from additional investors for a new project, Omni II, to develop additional infrastructure in cryptocurrency mining. According to Ali Farhat, Managing Director of Omni Futures, “Overwhelming interest in a new proprietary mining technology has shown a demand forContinue reading “Omni II Launched, 2021 Events Planned For Interested Investors”
Monero showed bullish sentiment in the market over the past few weeks but also exhibited a bearish divergence that could see the price dip slightly. Cardano lacked buying volume in the market as it stayed afloat above the $0.15 level of support. Basic Attention Token retraced some of its losses but was unable to testContinue reading “Monero, Cardano, BAT Price Analysis: 15 December”
Polkadot refused to dip beneath $4.6 and appeared to be on another attempt at recovery as it sailed past $5. Aave could reach the $100 mark in the coming days as it saw a steady wave of buying but was trading within a bearish reversal pattern. Dogecoin was consolidating above a level of support. ForContinue reading “Polkadot, Aave, Dogecoin Price Analysis: 15 December”
Ethereum dropped from $580 to $540 and recovered over the past week, but it still faced significant resistance from the $600 region and showed waning bullish momentum as it sat atop a level of support. EOS formed a bullish reversal pattern, but its breakout was unconvincing and it could be headed back to a levelContinue reading “Ethereum, EOS, Algorand Price Analysis: 15 December”
In simple words, we all are living in a digital world where financial transactions are conducted on the web. In the last few years, investors have shown excitement about this option because it allows them to work within their convenience. Secondly, with the abundance of investment options on the web, they can rest assured aboutContinue reading “Top reasons why cryptocurrency is the future of investing: Crypto Capital”
Bitcoin SV was bearish in the market and could be headed down to $150 in the coming days. Tezos confirmed a bullish reversal, but the $2.24 resistance was too strong for the bulls to overcome. IOTA could be set to tread water in the vicinity of $0.29 in a period of consolidation. Bitcoin SV [BSV]Continue reading “Bitcoin SV, Tezos, IOTA Price Analysis: 15 December”
Bitcoin Cash was on its way to test the $288 level of resistance. Dash lacked momentum as it approached a crucial level at the $100 mark, and Ethereum Classic formed a bearish reversal pattern that could see the price drop back toward support. Bitcoin Cash ]BCH] Over the past 24 hours, BCH dipped from $275 toContinue reading “Bitcoin Cash, Dash, Ethereum Classic Price Analysis: 15 December”
Bitcoin Cash and Crypto.com Coin could be set to trade within a range over the next few days as they lacked any momentum in the short-term. However, while Bitcoin Cash noted a balance between the market’s buyers and sellers with respect to the volume bought or sold, NEM saw a breakout to the upside andContinue reading “Bitcoin Cash, NEM, Crypto.com Coin Price Analysis: 14 December”
Tron bounced off an important Fibonacci retracement level at $0.0277, but it should be noted that it has been on a downtrend throughout December. It remains to be seen if market sentiment has shifted, or whether the bears will step in with force again as TRX nears the important level of resistance at $0.03. Further,Continue reading “Tron, Aave, Zcash Price Analysis: 14 December”
Over the past few trading sessions, many of the market’s major altcoins have registered gains. And yet, for some of them, the gains were only a pullback in their downtrends. Ontology and DigiByte were some examples of coins on a downtrend over the past two weeks. They had a bullish November, but have been unableContinue reading “Binance Coin, Ontology, DigiByte Price Analysis: 14 December”
Monero was one of the least affected large-cap altcoins when Bitcoin registered some volatility over the past few days. It climbed past the $150-mark and could note further upside over the next few hours. Further, while Steem appeared to be on a strong uptrend once more, Compound held on above the $140-level of support. MoneroContinue reading “Monero, Steem, Compound Price Analysis: 14 December”