Search results for: compound

Circa 2017, Bitcoin’s bull run triggered an altcoin rally; XRP, ETH, BCH, LTC, ADA, offered double-digit returns to HODLers and traders within a short-term, less than a month. The current rally of some DeFi tokens – UNI, LUNA, AAVE, MKR, COMP is taking traders back to the spring of 2017. It has been noted thatContinue reading “These DeFi tokens Maker [MKR], Compound [COMP], CAKE are taking traders back to spring of 2017”

Litecoin suffered from the recent wave of bearish pressure as it was stopped just short of the $300-mark, and could be set to retrace as far south as $260 and $244. Basic Attention Token was heading toward its range lows once more, while Compound moved almost vertically north. It could note a steep drop backContinue reading “Litecoin, BAT, Compound Price Analysis: 16 April”

After weeks of failing to breach the $60,000-level on the price charts, the last few days have seen Bitcoin surge, with the crypto trading at $64,600, at the time of writing. As has often been the case in the past, strong correlation stats soon came into play, with the likes of Tezos, UNI, and CompoundContinue reading “Tezos, UNI, Compound Price Analysis: 14 April”

Ethereum was predicted to touch $2,200 or higher before a minor pullback took place. Bitcoin SV could break lower from its ascending channel over the coming days, while Compound could go as low as $337 in case of a breakdown from a descending triangle. Ethereum [ETH] While the king coin keeps facing stiff resistance aboveContinue reading “Ethereum, Bitcoin SV, Compound Price Analysis: 12 April”

Cardano saw a trend of falling trade volume that showed a market possibly in a phase of distribution. However, in this bull market, another leg upward can not be discounted. Bitcoin SV formed a bearish divergence and Compound saw demand rise at the $440 area. At the time of writing Bitcoin was trading at $59,656Continue reading “Cardano, Bitcoin SV, Compound Price Analysis: 11 April”

Tron was tipped to scale above its most recent local high after combating some bearish presence. Ontology maintained its uptrend after bouncing back from the $0.79-support, while Aave was projected to remain below its $422.7-resistance. Finally, Compound was observed to need more momentum before breaking above the upper ceiling of $561.2. Tron [TRX] Tron enteredContinue reading “Tron, Ontology, Aave, Compound Price Analysis: 06 April”

Bitcoin Cash climbed past the $550-mark and appeared to flip it to support on a retest of the same level. IOTA saw some demand arrive after the defense of $1.29, but closing a session under $1.5 could see it move back towards $1.29. Finally, Compound broke out of a triangle pattern and targeted $520. BitcoinContinue reading “Bitcoin Cash, IOTA, Compound Price Analysis: 02 April”

Tron and Compound reported strong gains made in recent days, with TRON gaining by nearly 40% in the span of 48 hours. Synthetix was trading below a region of supply, but demand was slowly surfacing and could drive its prices higher. Tron [TRX] A week ago, on the 4-hour chart, a bullish divergence between theContinue reading “Tron, Synthetix, Compound Price Analysis: 01 April”

Monero showed weakness as it attempted to flip the $239.05-resistance level. Waves settled between $12.5 -$11.5, while a hike above its press-time resistance would see Compound move closer towards the $447.4-mark. Monero [XMR] On the 4-hour timeframe, Monero noted bullish movement as the price closed in on the $239.05-resistance. However, the overhead resistance has rejectedContinue reading “Monero, Waves, Compound Price Analysis: 30 March”

Ethereum attempted a comeback above resistance at $1738.6 at press time, catalyzed by bullish on-chain metrics. IOTA moved north of $1.45 resistance and could stabilize below its press-time resistance. Lastly, Compound picked up from $325.3-support after the price broke downwards from a descending triangle. Ethereum [ETH] A breakdown from a previous channel of $1,842 andContinue reading “Ethereum, IOTA, Compound Price Analysis: 24 March”

Litecoin showed bearish momentum and was headed toward $180 over the next few hours. FTX Token was consolidating beneath the $40 mark, and Compound continued to move in a steady downtrend. Litecoin [LTC] On the 4-hour chart, the 20 and 50-period EMA (white and yellow respectively) formed a bearish crossover, signaling bearish momentum, and theContinue reading “Litecoin, FTX Token, Compound Price Analysis: 22 March”

Litecoin was on the verge of moving south from $193.7-support on the back of bearish on-chain metrics. DOGE moved closer to $0.056 support, while COMP broke downwards from a descending triangle. Litecoin [LTC] Successive red candlesticks on Litecoin’s 4-hour chart underlined a strong bearish presence in the market. A bit of divergence was also spottedContinue reading “Litecoin, Dogecoin, Compound Price Analysis: 21 March”