Search results for: compound

Ethereum successfully defended a level of support, but it still faced resistance from $1,880 and demand from buyers was not yet strong enough to propel the price past the same. Further down the crypto-ladder, Synthetix and Compound could see further losses. Ethereum [ETH] Synthetic [SNX] Compound [COMP]

After a brief 24-36 hour period that saw Bitcoin drop by over 10% on the price charts, the world’s largest cryptocurrency was in recovery mode at press time with a trading price of over $55,000. The effects of its efforts to reverse recent losses weren’t uniform across the altcoin market, however, with the likes ofContinue reading “Bitcoin Cash, BAT, Compound Price Analysis: 16 March”

Bitcoin Cash moved back below its 200-SMA after the price fell by 11% from the $600-level. IOTA was projected to break lower from its horizontal channel, while COMP could also move south from its descending triangle on the back of bearish indicators. Bitcoin Cash [BCH] The 200-SMA (green) formed a stern resistance and highlighted bearishContinue reading “Bitcoin Cash, IOTA, Compound Price Analysis: 15 March”

Uniswap climbed past $44 but was driven back lower as demand was unable to keep up with the price. EOS tested the $4.4 area of supply and Compound was in a downtrend over the past few days. Uniswap [UNI] Over the past couple of days, UNI has recovered with momentum after falling to $29.2. SinceContinue reading “Uniswap, EOS, Compound Price Analysis: 14 March”

After more than a week of sideways consolidation under the $52,000-mark, Bitcoin, the world’s largest cryptocurrency, finally moved closer to its ATH over the past 24-36 hours. The effect of Bitcoin’s surge was immediate, with most of the altcoin market following suit. However, BTC’s impact wasn’t uniform, with some cryptos seen to be correcting slightlyContinue reading “Litecoin, Waves, Compound Price Analysis: 13 March”

Polkadot was moving north from its symmetrical triangle but awaited confirmation before rising towards its ATH of over $42, at press time. Algorand regained the 23.6% Fibonacci level on the charts, but the bears could mount a comeback over the next few sessions. Finally, COMP held on to the $469.66-support and registered rangebound behavior asContinue reading “Polkadot, Algorand, Compound Price Analysis: 10 March”

While the likes of Bitcoin and Ethereum swayed between different price levels, the rest of the crypto market showed rangebound behavior in anticipation of stronger cues. This was evident with altcoins such as ADA and ATOM, which traded within a fixed boundary at press time. On the other hand, COMP showed clear bearish sentiment asContinue reading “Cardano, Cosmos, Compound Price Analysis: 08 March”

Uniswap broke out past the $29.3 level of resistance, while Crypto.com Coin was in a phase of consolidation. Compound bounced off the $450 level of support to touch $500 but could see a pullback to $470. Uniswap [UNI] UNI broke out and went past the $29 area of resistance, where the 23.6% retracement level andContinue reading “Uniswap, Crypto.com Coin, Compound Price Analysis: 07 March”

Augur appeared to be in a short-term consolidation phase on the price charts. Tezos appeared to break out of its rectangle pattern, but the requisite volume was not yet available, while Compound’s market bulls were able to effect a recovery over the past week t0 to trade at $496, at the time of writing. TezosContinue reading “Tezos, Augur, Compound Price Analysis: 06 March”

Monero formed a bullish pattern on the hourly chart and could see a breakout past $220. Algorand reclaimed the $1 mark as support and pushed toward $1.15, and Compound halted its slide from $540 in mid-February to $337 and was making a recovery toward the $450 mark. Monero [XMR] XMR formed an ascending triangle onContinue reading “Monero, Algorand, Compound Price Analysis: 01 March”

Bitcoin’s bullish movement in the month of February propelled some altcoins to record levels of their own as billions of dollars pumped into the crypto-market. However, the altcoins also followed the king coin lower on the charts after a period of correction. Such was the case with Chainlink, Aave, and Compound, which failed to sustainContinue reading “Chainlink, Aave, Compound Price Analysis: 28 February”

XRP’s northbound move towards $0.45 was quickly thwarted after the market’s bears intervened on the price charts. BAT fell below its 200-SMA as the sellers targeted the $0.36-support level. Finally, COMP was projected to fall towards the $300-level, but also showed signs of an early bullish reversal. XRP On the hourly charts, XRP looked toContinue reading “XRP, Basic Attention Token, Compound Price Analysis: 23 February”