Bitcoin Cash dropped sharply beneath $514 but recovered to climb back above the $500 mark, while Dogecoin bounced off $0.0495 and tried weakly to climb past $0.0541. Waves bulls were attempting to breach the $12.4 resistance level. Bitcoin Cash [BCH] The ascending triangle’s failed breakout saw BCH stagnate above the $514 mark, and the pastContinue reading “Bitcoin Cash, Waves, Dogecoin Price Analysis: 29 March”
Latest Articles from Yash Rajan
Bitcoin was at an interesting crossroads in the short-term. There was confluence at $56200 to mark it as a strong area of resistance, but the price shot past it in recent hours and would likely retest it as support in the near future. BTC has been climbing steadily from the $52,000 mark in recent daysContinue reading “Bitcoin Price Analysis: 29 March”
Stellar Lumens climbed back above the $0.38 level and was likely headed to test the $0.43 supply level in the coming days. Hedera Hashgraph broke out of a phase of consolidation and could climb past $0.45 shortly. Ethereum Classic faced resistance at $12.5. Stellar Lumens [XLM] Using the Fibonacci retracement levels plotted for a short-termContinue reading “Stellar Lumens, Hedera Hashgraph, Ethereum Classic Price Analysis: 29 March”
Ethereum had its long-term uptrend intact. Ether reserves in major cryptocurrency exchanges have hit new ATL’s, based on data from Cryptoquant. There were no indications that the top was in yet for ETH. On the charts, while the uptrend was unbroken, there were signs of momentum slowing down. Another dip back to $1550 would offerContinue reading “Ethereum Price Analysis: 28 March”
For Uniswap, lower timeframes showed a shift in momentum in favor of the bulls. This could see UNI climb higher and reach $29.45, and possibly even test resistance at $29.56. The reaction of the price at its next resistance level will be important in the short-term, and climbing above this level would make recovery towardContinue reading “Uniswap Price Analysis: 28 March”
There was some on-chain sign of a move toward $450 for Aave based on the concentration of large wallets. On the charts, the medium-term outlook was neutral but climbing above $360 would be a sign of bullish strength. Cosmos also faced strong resistance at $19.8, and Monero was consolidating above a level of support atContinue reading “Aave, Cosmos, Monero Price Analysis: 28 March”
Ethereum bounced strongly off the $1550 region and could flip the $1700 to demand in the coming hours. XRP displayed neutral momentum in the markets but had strong support at $0.53, while Dogecoin saw buyers step in at $0.049 and could be headed back toward $0.062. Ethereum [ETH] ETH showed signs of buyer dominance inContinue reading “Ethereum, Dogecoin, XRP Price Analysis: 28 March”
Cardano traded within a range and approached the mid-point of this range. Chainlink was slightly bullish and Filecoin could dip to $101 if it moves below $122. Cardano [ADA] Cardano continued to trade within a range established between $1 and $1.47. The mid-point of this range is at $1.23 and is a region of importanceContinue reading “Cardano, Chainlink, Filecoin Price Analysis: 28 March”
The ETH/USD pair moved hand in hand with the BTC/USD pair in the markets, a correlation that has been rising since early March, and now had a value of 0.78, denoting a strong correlation. ETH/BTC pair was trading at a level of support. Ethereum simply must keep pace with Bitcoin in order to recover towardContinue reading “Ethereum Price Analysis: 27 March”
XRP had retraced most of its drop from $0.6 to $0.45 and was trading at $0.55 at the time of writing. #RelistXRP was the most discussed topic in the XRP community. Over the next few hours, a revisit to the $0.54 mark is possible but it is a strong level of support, and XRP isContinue reading “XRP Price Analysis: 27 March”
Stellar Lumens faced resistance at the $0.38 level and was forced to pull back, while Chainlink climbed above $26.7. Filecoin showed a bearish divergence and highlighted an attractive area to buy at. Stellar Lumens [XLM] The past week has been bearish for XLM, following yet another rejection at the $0.43 region of supply. Over theContinue reading “Stellar Lumens, Chainlink, Filecoin Price Analysis: 27 March”
On shorter timeframes, a reversal in momentum toward bullish appeared to be in progress for coins such as Cosmos and Aave. There were still some important levels of resistance to overcome on the path to recovery. EOS climbed above $4 and faced a region of supply. Cosmos [ATOM] ATOM tested the region of demand atContinue reading “Cosmos, EOS, Aave Price Analysis: 27 March”