Bitcoin continued its ongoing ascent at press time as it bounced off its previous resistance area. At the time of writing, it was trading past the $50k mark with a surge of 5% in 24 hours. Does it give a clear signal for a complete bullish scenario? Well, not really. At least for the short-term, …
Is THIS a highly anticipated price action scenario for Bitcoin Read More »
Crypto has provided new methods to exercise voice and exit. Forks, software or protocol changes that users can choose to upgrade to, are an example of exit inherent to blockchain technology. Forks give the community a chance to decide whether to continue with the upgrade or remain in the old rules; forks have created spin-off …
“These organizations try to keep price-affecting news confidential before release, but as with all organizations, it’s possible that insiders do trade confidential information or it’s leaked to other people that do,” Andrew Kang, co-founder of crypto investment firm Mechanism Capital, told CoinDesk. Source link
The altcoin market was impacted positively by Bitcoin’s move above $50K. IOTA rallied by 22.4% and closed in on a resistance mark of $1.57. Enjin Coin appreciated by 2.9% and moved away from its immediate support line of $2.00. Finally, XRP logged a 5.7% gain and eyed its immediate resistance of $1.31. XRP XRP/USD, TradingView …
XRP, IOTA and Enjin Price Analysis: 02 September Read More »
Following Bitcoin’s path of recovery, altcoins such as ADA and SOL displayed relatively improved price action. ADA could test the immediate resistance at $1.47 and SOL observed a 1.5% recovery in prices. THETA, despite a 3.4% fall over the last 24 hours, managed to float over its $5.73 price floor. Cardano ADA/USD, TradingView Cardano rose …
Cardano, Solana and THETA Price Analysis: 09 August Read More »
Despite Bitcoin noting a 5.2% jump on its daily chart, altcoins such as LINK and WAVES saw flat price action. LINK recorded no major price changes and in fact, pictured a slightly bearish outlook. WAVES, more or less, looked likely to mirror the same. On the contrary, Verge moved up by 4% and flashed signs …
Chainlink, WAVES. Verge Price Analysis: 06 August Read More »
Market capitalization of Monero increased, however, despite the rise in prices, MATIC and Binance Coin’s market capitalization witnessed a fall. XMR’s price showed chances of low volatility, while MATIC recorded a 47.2% weekly gain and lastly, Binance Coin could be headed towards a possible price breakout. Monero XMR/USD, TradingView Monero’s price action was halted after …
Monero, MATIC and Binance Coin Price Analysis: July 28 Read More »
Many of the market’s cryptocurrencies were unable to hold on to the price gains seen over the last few days. For Ethereum, for instance, it has been a particularly mixed week of trading, with ETH finally moving past the $2300 resistance level, before dipping below it once again. At press time, however, the coin had …
Ethereum, Polkadot, Chainlink Price Analysis: 06 July Read More »
Despite an optimistic market, Bitcoin fell by 8.4% over the last 24 hours. The effects of this fall were observed on the market’s altcoins as well, with the likes of Dogecoin, Polkadot, and Uniswap noting some corrections. Uniswap made some headlines earlier today by becoming the first exchange to be supported by CoinMarketCap’s newly launched …
The Bitcoin price has marched 21% within a day. The recovery has pushed the value of the largest digital asset to $36k, however, the altcoins have not seen a bullish shift in price. XRP, Cardano [ADA], and Uniswap [UNI] either continued to consolidate or plunge due to the bearishness in the market. However, going forward, …