Search results for: compound

Stellar Lumens was clinging to its level of support at $0.48 and appeared to be waiting for a breakout in either direction, at press time. STEEM approached an area where sellers might look to force the prices lower, whereas Compound looked to move towards $500 once more. Stellar Lumens [XLM] The 23.6% retracement level onContinue reading “Stellar Lumens, STEEM, Compound Price Analysis: 19 February”

Many of the market’s altcoins like Stellar Lumens, Algorand, and Compound traded in the red, at press time, as sellers maintained control of the price. Some level of saturation was observed in their markets as the aforementioned altcoins cooled off from their highs and headed south on the charts. Furthermore, the alts were projected toContinue reading “Stellar Lumens, Algorand, Compound Price Analysis: 17 February”

EOS and Compound were trading near their local highs, with both enjoying strong bullish sentiments behind their price rallies. In fact, further gains appeared likely too. Finally, SUSHI broke out of its range and can be expected to climb to $19.4 over the next few days. EOS Using the move from $2.38 to $4.93, theContinue reading “EOS, SUSHI, Compound Price Analysis: 13 February”

Bitcoin SV dropped under a level of retracement following its recent gains, with the crypto retesting the same level as resistance. Basic Attention Token surged past $0.5, but it remains to be seen if the bulls can push higher. Finally, Compound showed signs of rising above its resistance level at $494. Bitcoin SV [BSV] ForContinue reading “Bitcoin SV, BAT, Compound Price Analysis: 11 February”

Ethereum cushioned its losses at the $1,536 support as the bulls targeted a rise above the 20-SMA. SNX and COMP found support at different levels on their respective charts and projected a rise towards their all-time highs once again. Ethereum [ETH] Ethereum bulls held on to the $1,536 support level and fueled a bullish bounce-backContinue reading “Ethereum, Synthetix, Compound Price Analysis: 08 February”

Altcoins Binance Coin and COMP retraced from their respective all-time highs as momentum shifted towards the bearish side. However, BNB could pick up once again after a bullish divergence was spotted on the charts. Decred signaled a bearish pullback after snapping a local high.  Binance Coin [BNB] The hourly charts showed that momentum on BinanceContinue reading “Binance Coin, Compound, Decred Price Analysis 07 February”

Litecoin moved above the $150 mark once more after a minor correction that saw its price dip to $141. Compound could see a short-term bearish scenario unfold over the coming hours, while Cosmos showed rising bullish momentum as it approached $10. Litecoin [LTC] On the hourly chart, LTC had shown a bearish divergence even asContinue reading “Litecoin, Compound, Cosmos Price Analysis: 05 February”

With over $32 billion of total value now locked into DeFi protocols, it is a well-established fact that 2020 has been the year of DeFi and this trajectory is only expected to continue into 2021. Maker accounts for 18% of this TVL and still remains the most actively developed DeFi protocol. However, those numbers areContinue reading “Maker and Compound loses ground to new DeFi protocols”

Tron was trading within an ascending triangle at the time of writing, but the indicators did not favor a breakout over the next few trading sessions. Aave flashed bullish signals and looked to snap newer highs on the charts while COMP was projected to rise above record levels after a bullish divergence formed on theContinue reading “Tron, Aave, Compound Price Analysis: 03 February”

Altcoins BNB and COMP maintained their January uptrend as their price set new records at press time. Nevertheless, they were primed for a reversal as the indicators flashed bearish signals. DCR was rejected at $66.8 resistance, but strong trading volume suggested that the price would eventually break above the resistance mark. Binance Coin [BNB] BinanceContinue reading “Binance Coin, Compound, Decred Price Analysis: 01 February”

The last 7 days have been very interesting, to say the least, for the crypto-market. While for most of the week the market seemed destined for more consolidation, Bitcoin bucked the trend after the Musk-driven hike yesterday. While the world’s largest cryptocurrency was back at square one at press time, it should be noted, however,Continue reading “Polkadot, Compound, Algorand Price Analysis: 30 January”

Tron seemed to be trading within a range and could prove to have some short-term bullish momentum if it rises above $0.0296. Algorand defended a region of demand from the market’s sellers, while Compound saw the strength of its uptrend wobble. Tron [TRX] TRX has traded within the range of $0.0272 to $0.0321 (cyan) forContinue reading “Tron, Algorand, Compound Price Analysis: 28 January”