Bitcoin shot past $12k and was trading at $12,239 at press time. Crypto Fear and Greed Index stood at 61, indicating growing greed in the market. Bitcoin Dominance rose to 61.75, as Ethereum posted gains and approached a strong level of resistance. Selling pressure did not relent on Tron while Basic Attention Token showed a …
Litecoin’s value dropped on the back of a bearish divergence, but at the time of writing, it was close to a critical level of resistance. STEEM appeared to enter a period of consolidation, while Dash was unable to breach and hold its level of resistance. It is likely that DASH will register more losses over …
Litecoin, STEEM, Dash Price Analysis: 19 October Read More »
Zcash and Maker although still not bullish enough, were definitely displaying signs of short-term positive price reversals, as the selling pressures for the two digital assets continued to weaken. Bitcoin SV however, seen making a bearish breakout below its trendline, could witness a few more bearish sessions, as the bulls were yet to solidify a …
Bitcoin SV, Zcash, Maker Price Analysis: 17 October Read More »
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Bitcoin Cash’s long-term market and its impact on the price The Bitcoin market has been surging over the past couple of days and given the strong correlation between Bitcoin and its hard fork, Bitcoin Cash [BCH], the latter has noted a …
Bitcoin Cash long-term Price Analysis: 10 October Read More »
Polkadot formed a continuation pattern that suggested the possibility of an upward surge in price. However, it could take some time to manifest. In the near-term, the price could be set for a few more trading sessions of relatively lowered volatility. Tron showed signs of bearishness. Ontology was likely to slide toward support but lacked …
Polkadot, Ontology, Tron Price Analysis: 05 October Read More »
The most recent price dump in the crypto-market saw the world’s largest cryptocurrency Bitcoin’s price dive towards the $10,400-level, a movement that signaled worrying signs of bearish divergence across the charts. In fact, Bitcoin SV registered a bearish divergence during the day’s trading session, under a scenario of heavy capital outflows in the BSV market. …
Bitcoin SV, Augur, VeChain Price Analysis: 03 October Read More »
After witnessing buying sentiment as Q4 commenced, the bullish trend had suddenly become uncertain reversing the tide for several altcoins. Bitcoin Cash lost almost 4 % of its valuation since yesterday, signaling the short term period trended lower than the long term. While for IOTA and XTZ the effect of the crypto market bloodbath was more …
Bitcoin Cash, Tezos, IOTA Price Analysis: 2 October Read More »
While Bitcoin briefly spiked to climb to $11,179 on the charts, it had fallen to trade at $10,944, at press time. A rising Bitcoin, accompanied by rising Bitcoin dominance, showed that altcoins were overextended in the month of August and are now either retracing gains made or consolidating for a next move upwards. Litecoin was …
BAT, STEEM, Litecoin Price Analysis: 20 September Read More »
Disclaimer: The following article attempts to analyze the emerging trends in the Litecoin long-term market and its impact on price. The Litecoin market has been witnessing increased volatility as it surpassed its immediate resistance at $49.5 and was being valued at close to $51. However, the digital silver could not hold on to this price …
The past week saw Bitcoin’s dominance drop from 61.6% to 59.5%, while Bitcoin surged from $10,000 to $10,500 over the same period of time. Bitcoin Cash appeared to be consolidating as traders waited for the market to decide upon a direction. Monero rose past a level of resistance and seemed to have flipped its level …
Bitcoin Cash, Monero, Zcash Price Analysis: 13 September Read More »