Technology

The first half of August brought good tidings for AVAX holders, as has been the case for most cryptocurrencies. However, the market is now about to enter the second half of the month, with AVAX already showing signs of a potential pullback. AVAX’s bulls demonstrated strong momentum in the first week of August. However, theContinue reading “‘Exhausted’ AVAX may not follow the general trend; Instead, here’s what’s up”

If you look at CEL’s price chart, you’re probably going to wish you bought some of its tokens prior to its bull rally. In fact, its parabolic run this week has earned it the top spot as the best performer among the market’s top-100 cryptos. CEL rallied by as much as 261% to hit aContinue reading “Here’s what you’re missing about CEL’s 261% parabolic rally “

It has been quite an interesting week for Ethereum’s community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now. The latter’s native cryptocurrency, MATIC, concluded the week on the back of a significant upside on the charts. MATIC’s bulls notedContinue reading “Can MATIC really leverage the hype around Ethereum for more upside?”

There is undeniable excitement in the market as the Ethereum Merge draws closer. The same is evident in ETH’s price action too, with the same managing to rally back above the $2,000-price level. Now, it is easy to get caught up in the hype and the FOMO, but ETH traders should be wary of potentialContinue reading “Ethereum [ETH]: Read this before you decide to cash in on that FOMO”

XRP’s fate has remained uncertain, largely due to the lengthy SEC lawsuit against Ripple Labs. However, this provides a chance to evaluate the kind of opportunity that XRP’s subdued price performance has to offer. What if the lawsuit is the worst-case scenario for Ripple and what would a best-case scenario look like? Fortunately, it isContinue reading “Here’s the full case for XRP’s status as a good, long-term bet”

Dogecoin traders are once again contemplating their unfair predicament as yet another week comes to an end. Many of the top cryptocurrencies have seen healthy price swings this week, but DOGE continues to behave like a stablecoin. To sum up its price action, Dogecoin was trading at $0.70, at press time. It has been hoveringContinue reading “If you’re a DOGE investor, there might be some hope after all”

If you zoom out ETH’s chart, you will notice that its performance in July has similarities with its performance in March. Could this performance offer some insights into how ETH will perform in August? ETH’s latest rally kicked off in mid-July and managed to push the crypto up by as much as 74%. More importantly,Continue reading “Ethereum [ETH] and the question of whether we can expect March all over again”

PancakeSwap’s CAKE is finally leaning on the bullish side, after a heavily bearish period over the last few months. It is now overbought for the first time since April and this might translate into a big sell-off. PancakeSwap has now announced farm auctions in the first week of August, with the market continuing to showContinue reading “How and why will farm auctions hold up CAKE’s value”

DOT just concluded the week with an impressive bullish rally, one which has allowed it to retest previous resistance levels. In fact, the same seemed to be in line with how most other cryptos have done lately. However, a sizeable retracement might be on the way. DOT was up by roughly 30% by the timeContinue reading “Dissecting DOT’s bull: Assessing whether there will be a retracement”