Search results for: vechain

As the recovery phase kicked in, the bulls triggered an upswing but could not match up the losses in the previous sell-off. While the broader bearish trend continued, the near-term technical indications of Cardano, Shiba Inu and VeChain hinted at a slim bullish revival.  Given the overall sentiment, the bulls could not gather enough volumesContinue reading “Cardano, Shiba Inu, VeChain Price Analysis: 07 December”

The crypto market saw 24-hour gains after a marginal recovery over the past day. While the overall outlook remained bearish, Cardano, Shiba Inu and VeChain marked their multi-month lows on 3 December. Needless to say, the bearish preference of the near-term technical indicators after the bears breached multi-week supports may gain a long-drawn advantage. CardanoContinue reading “Cardano, Shiba Inu, VeChain Price Analysis: 05 December”

After a roller coaster-like incline and fall, the crypto market flashed recovery signs. Consequently, Dogecoin, VeChain and EOS showed revival signs after the prices hit their multi-month support levels. While VeChain and EOS registered daily gains and depicted bullish near-term technicals, Dogecoin displayed neutral signs. Dogecoin (DOGE) After an exceptional month-long rally to its 11-weekContinue reading “Dogecoin, VeChain, EOS Price Analysis: 1 December”

As the bearish streak continually prevailed, bulls struggled to uphold the value perception of their cryptos. Consequently, altcoins like Litecoin, Ethereum Classic, and VeChain touched their monthly lows over the past two days. The near-term technical indications reflected the bearish trajectory as they showed the existence of superior selling power.  Litecoin (LTC) Pursuing the marketContinue reading “Litecoin, Ethereum Classic, VeChain Price Analysis: 28 November”

As the market still struggled to fight the downtrend, Dogecoin touched its seven-week low on 23 November.  On the other hand, ETH holders attempted a revival but couldn’t sustain the advantage. The near-term technicals for Ethereum and Dogecoin flashed mixed signals. Further, VeChain continued to exhibit a bearish inclination. Ethereum (ETH) ETH halted its rallyContinue reading “Ethereum, Dogecoin, VeChain Price Analysis: 24 November”

Over the past few weeks, VeChain has tirelessly worked its way up on the ranking charts. It quite seamlessly managed to defy the broader market trend and created local peaks on its price chart until 9 November, 2021. Post that, the network underwent a hardfork on 16 November, and community members expected this factor toContinue reading “Is VeChain a good long term bet in a portfolio”

Just as the market entered a recovery phase, the bulls could not sustain their rally with a robust force. Accordingly, altcoins like Shiba Inu, Chainlink, VeChain saw losses on their daily charts after an attempted revival. Broader standpoint remained skewed in favor of bears along with the likelihood of increasing bullish power. Shiba Inu (SHIB)Continue reading “Shina Inu, Chainlink, VeChain Price Analysis: 21 November”

Until a few weeks ago, VeChain’s price, amid anticipation for POA 2.0 Phase 1, seemed to register an independent rally. On 16 November, as VeChain’s first phase of the Proof of Authority (PoA) 2.0 SURFACE consensus algorithm went live, the market expected a similar upswing in price. However, exposed by the broader market’s weakness, VETContinue reading “VeChain subverts market expectations, but what does it mean”

After a bullish rally in October and early November, last week saw a significant correction for most cryptos. Ethereum and Vechain registered double-digit losses over the past week. On the other hand, Shiba Inu has been on a steady downtrend for the past three weeks. Accordingly, near-term technicals for all the aforestated cryptos undeniably reflectContinue reading “Ethereum, Shiba Inu, VeChain Price Analysis: 18 November”

Bitcoin’s drop-off from $66,000 triggered a market wide correction. As a result, the total crypto market cap dropped by nearly 8% over the last 24 hours to a total of $2.63 Trillion. Smart contract operator VeChain did not fare too well either and shed nearly 9% of its value when compared to yesterday’s close. However,Continue reading “VeChain sets up early reversal after hourly RSI touches oversold territory”

It might be a slow day for the crypto-market, but one blockchain community is gearing up for a major upgrade. One that has been in the works for some time now. Not chained to the past Several exchanges have announced that they will be supporting the VeChain [VET] network upgrade and hard fork. This isContinue reading “VeChain prepares for much-awaited hard fork after exchanges announce support”

In the last 24 hours, the crypto market witnessed a minor withdrawal after the bull run as prices approached the retracement phase. Thus, the price trajectories of Bitcoin Cash, VeChain, and Decentraland’s MANA saw a 24-hour decline. Additionally, near-term technicals for all the aforestated altcoins visibly showed decreasing buying power. Bitcoin Cash (BCH) BCH performedContinue reading “Bitcoin Cash, VeChain, MANA Price Analysis: 11 November”