Search results for: compound

EOS was trading below its 200-SMA and projected a prolonged bear market as its indicators favored the selling side. XEM targeted a move above the $0.229-resistance, backed by a surge in trading volumes and buying activity. Finally, COMP failed to breach its immediate resistance and a shift of momentum towards the bearish side could seeContinue reading “EOS, NEM, Compound Price Analysis: 26 January”

Binance Coin cut its losses at $38.46, with the market’s bulls looking to target a break above $41.78. REP moved between $21.73 and $20.6, but a shift in momentum towards the bearish side could see the price test its press time support level. Finally, COMP rose above its 50-SMA but it was unlikely to maintainContinue reading “Binance Coin, Augur, Compound Price Analysis: 23 January”

Chainlink and Aave moved south after touching record levels as losses in the broader market had a negative effect on their prices. Further, Compound too flashed red, at press time, after a breakout was witnessed from its rising wedge pattern. Chainlink [LINK] After touching record levels, Chainlink’s price cooled down and fell by over 15%Continue reading “Chainlink, Aave, Compound Price Analysis: 20 January”

Bitcoin Cash and IOTA were primed for a breakout as they formed a triangle pattern on declining trading volumes. Compound flipped the $211 level to support and was headed towards $250. Bitcoin Cash [BCH] Over the past few days, the trading volume has been declining while BCH formed a triangle pattern and was poised forContinue reading “Bitcoin Cash, IOTA, Compound Price Analysis: 18 January”

Chainlink saw a bearish divergence on the lower timeframe and experienced a minor dip to test the support at $19.8, but its long-term outlook is strongly bullish. IOTA appeared to invalidate a bullish pattern and could be headed to $0.4 support in the coming hours while Compound continued to register gains. Meanwhile, in the caseContinue reading “Chainlink, IOTA, Compound Price Analysis: 17 January”

Binance Coin appeared to be forming a bullish pattern that wasn’t yet confirmed, but it could see a breakout in the coming days towards the $45-mark. STEEM bounced off a level of support as it rose towards a level of resistance once more. Finally, Compound was making steady gains as it breached $200 and lookedContinue reading “Binance Coin, STEEM, Compound Price Analysis: 16 January”

Chainlink approached $15.88, a level of resistance that has a confluence with the mid-point of the range it has been trading in over the past couple of days. Ethereum Classic attempted to flip the $7 resistance to support, and Compound saw increased selling volume even as its price climbed the charts. Chainlink [LINK] Chainlink wasContinue reading “Chainlink, Ethereum Classic, Compound Price Analysis: 09 January”

Litecoin was quite bullish on the charts as it targeted a move past $140, but Zcash and Compound lost a level of support to selling pressure and could see further downside in the coming days. Litecoin [LTC] Litecoin was trading at $139.57, right atop the $139 level of resistance it was likely to flip toContinue reading “Litecoin, Zcash, Compound Price Analysis: 03 January”

The altcoin market recovered somewhat from its recent losses, with many altcoins noting a short-term bullish outlook. Stellar Lumens appeared poised to move above the $0.156-level, but Waves was unable to breach its level of resistance as it noted consistent selling pressure over the past few weeks. Finally, Compound seemed to be bouncing back fromContinue reading “Stellar Lumens, Waves, Compound Price Analysis: 28 December”

Some of the market’s large-cap altcoins had a bearish outlook to them. Stellar Lumens moved under the $0.156-level once more and could lose the $0.145-level of support as well. Compound indicated that it was likely to continue the bearish trend of the past few days, while Polkadot faced resistance from the $5.4-region of supply. StellarContinue reading “Stellar Lumens, Polkadot, Compound Price Analysis: 26 December”

Altcoins Bitcoin SV, Ontology, and Compound were trading in the red at press time, unable to sustain recent levels that were set after Bitcoin’s momentous $23K price breach. Bitcoin SV [BSV] So far, December has been a rough month for Bitcoin SV as it has been unable to sustain the level it had reached duringContinue reading “Bitcoin SV, Ontology, Compound Price Analysis: 23 December”

Monero traded within a range over the past week and while it lacked momentum in the short-term, its long-term outlook remained strongly bullish. Polkadot formed a bullish reversal pattern, one that could break out to see the price move towards $5.8, while Compound treaded water above the $152-support level to denote a phase of consolidation.Continue reading “Monero, Polkadot, Compound Price Analysis: 20 December”