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Category: Crypto Blogs

Litecoin, BAT, Compound Price Analysis: 16 April
October 31, 2022
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Litecoin

The recent wave of bearish pressure hit Litecoin hard, and the cryptocurrency was halted just short of the $300 mark as a result. There is a possibility that Litecoin will retrace as far south as $260 and $244 in the near future. The Basic Attention Token price was once again moving closer to its range lows, while the Compound price was moving almost vertically higher. It is possible that it will experience a sharp decline towards the level of…

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Tron, Ontology, Dogecoin Price Analysis
October 31, 2020
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Tron, Ontology, Dogecoin

On the back of robust trading volumes and a bullish MACD, it is possible to forecast that Tron will be able to break above its $0.067-resistance level. There was a possibility that Ontology would retrace toward $1.47, but the bullish trend was anticipated to continue. In conclusion, the technicals for Dogecoin indicated that the market was in a balanced state because the price on the charts was fluctuating between $0.056 and $0.052 at the time. Tron Tron’s price…

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Here’s why Chainlink’s price rally may be a long one
October 31, 2020
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Chainlink

When this article was written, the price of Chainlink had increased by more than 20% in comparison to the previous week. Even though the trade volume of the decentralised oracle network has decreased across exchanges during the ongoing altcoin rally, the network’s current liquidity is sufficient for the price to increase along with the leading altcoins. One dependable metric that indicates this is the quantity of Chainlink held by the top 10 whales, which noted a figure of 68.7%…

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Monero, Neo, Verge Price Analysis
October 31, 2020
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Monero

The price of alternative cryptocurrencies has almost always been highly correlated to that of Bitcoin, and this correlation has been particularly clear over the course of the past week. A significant number of the market’s alternative cryptocurrencies were negatively impacted by the short-term price correction that Bitcoin experienced. However, it did not do so in a consistent manner. Monero Although the price of Monero has seen significant gains over the past week amounting to over 26 percent, the…

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Bitcoin Cash Price Analysis
October 31, 2020
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Bitcoin Cash Price

The opinions expressed in the following analysis are those of the author alone, and the results of this analysis should not be construed as offering investment advice. Bitcoin Cash has been experiencing significant bullish momentum ever since the final week of March. BCH has been observing a consistent uptrend, which has led to a price increase of more than one hundred and twenty percent. Nevertheless, during the past twenty-four hours, some of BCH’s upward movement has been halted, as…

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Tezos Price Analysis
October 31, 2020
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Tezos

Over the course of the past twenty-four hours, the price of Tezos has increased by more than nine percent, and this upward trend for the cryptocurrency has persisted since the final week of March. A look at the price charts of alternative cryptocurrencies, however, would reveal that XTZ has also moved sideways in recent times. This forces one to consider whether or not XTZ will have to deal with another short-term correction. At the time of this writing, one…

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How sustainable is YFI’s current price run?
October 31, 2020
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YFI’s current pric

The market for cryptocurrencies experienced a lot of growth over the past week, with Bitcoin and Ethereum both seeing their values move closer and closer to new all-time highs. However, it is safe to say that the market for digital assets is no longer just about the top two cryptocurrencies in the market. DeFi coins such as YFI are registering significant gains on the charts, and this indicates that the market has expanded beyond just these two cryptocurrencies. The…

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Bitcoin Cash, Ethereum Classic, Filecoin Price Analysis: 21 May
October 31, 2020
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Filecoin

Bitcoin Cash aimed for its 50% Fibonacci level, which was $1,075.5, to enable a quick recovery on the charts, while Ethereum Classic threatened a 30% drop if it was unable to maintain its hold on the $65-support level. In conclusion, Filecoin’s recovery did better than the majority of alternative cryptocurrencies, but its gains were capped at the $95 resistance level. Bitcoin Cash abbreviated as BCH The change in fortunes of the cryptocurrency market as a whole was epitomised by…

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Tron, BAT, VeChain Price Analysis: 19 Jun
October 31, 2020
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VeChain

As Bitcoin’s price lingered just above the $35,000 threshold, the wider altcoin market found itself in a state of disarray. In the past twenty-four hours, alternative cryptocurrencies such as BAT and VET have recovered some of the ground they’ve lost, but bears continue to hold a strong position in each of their respective markets. Even though TRX was experiencing selling pressure, a bullish divergence on the RSI gave rise to some optimism regarding the direction in which it will…

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Who will have the final say on Litecoin’s price over the next few weeks?
October 31, 2020
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Litecoin

As a result of a general market sell-off, the price of Litecoin experienced a decrease of 8%. At the time of this writing, the price of the alternative cryptocurrency had fallen below the significant support level of $140 and was about to test the swing low from 19 May, which was $116. Even though panic buying might be able to make up for some of LTC’s recent losses, there was still a significant risk that the price would fall…

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