Search results for: decred

Monero rose north of the 200-SMA on the price charts and projected a bullish trend, but stronger cues were needed to support a move above its most recent local high. IOTA and DCR flashed bearish signals at the time of writing, with both expected to move lower towards their respective support levels in the short-term.Continue reading “Monero, IOTA, Decred Price Analysis: 10 February”

The bull market is beginning and most altcoins broke past levels of resistance that had countered their rise in the past. Litecoin was trading within a range and looked likely to drop beneath $150, while FTX Token and Decred were bullish on the price charts. Litecoin [LTC] The longer-term range for LTC is bounded byContinue reading “Litecoin, FTX Token, Decred 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”

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”

Chainlink traded at the mid-point of its immediate resistance and support but flashed bearish signals at press time. Synthetix scaled past another record level as the bullish cycle was projected to last for a few more sessions. Decred cut its losses at $61.5 support and eyed a move back towards its present resistance mark. ChainlinkContinue reading “Chainlink, Synthetix, Decred Price Analysis: 31 January”

At the time of writing, Bitcoin was back at square one trading within the $32,000-$34,000 range, after the Elon Musk-inspired hike exhausted itself. What effect did BTC’s short-lived performance have on the rest of the altcoin market? Well, a few alts followed BTC’s lead, while a few others continued to consolidate on the charts. OnContinue reading “XRP, Synthetix, Decred Price Analysis: 30 January”

The crypto-market’s altcoins tend to follow Bitcoin and when the king coin registers price corrections, it is common to see altcoins also take a slight hit. Such has been the case of late as in the last 24 hours alone, cryptos such as Tezos, BAT, and Decred have endured spells of sideways movement on theContinue reading “Tezos, BAT, Decred Price Analysis: 28 January”

Bitcoin Cash bounced between the $450 and $520 regions as neither buyers nor sellers were able to assert their dominance in the market. Zcash faced some short-term bearishness as it headed toward the $100 region of support, while Decred shrugged off last week’s drop and looked likely to flip the $60 level to support. BitcoinContinue reading “Bitcoin Cash, Zcash, Decred Price Analysis: 17 January”

Altcoins BNB and SNX showed bearish signals at the time of writing as sellers maintained control of the prices, while DCR projected a northbound move after a minor pullback in prices. Binance Coin [BNB] BNB’s bullish trend continued as the price rose above the resistance at $41.70  and traded close to its all-time high. SinceContinue reading “Binance Coin, Synthetix, Decred Price Analysis: 09 January”

Bitcoin SV shrugged off the shackles of $164 and saw a quick move to $180 at press time, with the crypto likely to see further upside. NEM noted steady selling pressure over the past three weeks and could lose the $0.2-level of support, while Decred was bullish on the price charts and could see aContinue reading “Bitcoin SV, NEM, Decred Price Analysis: 04 January”

XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. Polkadot broke out past the $6 level on extraordinary trading volume and reached a high of $7.7 and was likely to retrace some of the gains made. Decred had a bullishContinue reading “XRP, Decred, Polkadot Price Analysis: 30 December”

EOS registered a short-term hike in buying volume, but it might not be enough to stave off the next wave of bearish pressure. NEM showed short-term bearishness as well and could be forced to test $0.2 as support once more. Decred, on the contrary, had strong bullish sentiment behind it and could target $44 inContinue reading “EOS, NEM, Decred Price Analysis: 28 December”