How do these metrics factor into Ethereum’s bullish 2021 path?
A collective bullish rally is presently evident in the charts as Ethereum has managed to claw back above $2500. Bitcoin has breached above $40,000 as well, as the digital asset industry is flipping current bearish woes. While price action is attempting to establish a bullish structure, it is imperative to keep an eye on specific […]
Is this the last major threat for Bitcoin and Altcoins’ recovering market?
After consolidating for almost 32-hours between the price range of $34,000-$36,000, Bitcoin managed to avoid another massive drop. The past few hours have witnessed the king coin rise up to $39,800, and it is currently moving sideways in the range. We have highlighted the importance of trading volumes on different exchanges in the past. The […]
Chainlink, Polkadot, MATIC: Should you buy these alts now?
In our previous article, we identified buy-range zones for Ethereum, Cardano, and Dogecoin. The current data presented in this piece follows the same guidelines incorporated in the previous edition. The assets in consideration are Chainlink, Polkadot, and Polygon (MATIC). Chainlink – Is it already time to buy? While the Chainlink community may beg to differ, […]
Analyzing ideal buy-entries for Ethereum, Cardano, Dogecoin for the next 24 hours
The cryptocurrency market might potentially be amidst another weekend correction. In a previous article, we analyzed whether there is an actual correlation between market dumps and the weekends. Multiple assets are shaky on the charts at the moment, and that includes the likes of Ethereum, Cardano, Dogecoin, among others. Keeping the notion of recovery in […]
Is this alt really the ‘Dogecoin killer?’
It is not unusual to see crypto-projects climb in the market during a bull run, only to be dumped a few weeks later. There are plenty of examples in the space, but right now, none is more popular than “Dogecoin-killer” Shiba Inu. Rising to prominence towards the beginning of May, within a day of its […]
Why you should look closely at Bitcoin, Ethereum, other alts’ trading volumes
Trading volume has been an important metric to gauge the amount of market activity in 2021. While assets like Bitcoin and Ethereum have dominated the proceedings before, volumes have been much more distributed over the course of the last few months. While Ethereum’s trading volume has caught up with Bitcoin on Binance, Bitcoin led the […]
Should you prepare for another Bitcoin, altcoin market crash this weekend?
For the cryptocurrency market, crashing on the weekend has been somewhat of a regular occurrence. Bitcoin has often led the charge, and there have been several incidents over the past few months, where corrections have unfolded between Saturday and Sunday. Speculations have revolved around multiple factors behind a weekend drop. For instance, there is a […]
With Ethereum, Cardano and other alts, this movement is unlikely at the moment!
A welcome sight for the sore eyes. On 9th June, Bitcoin rallied by 12% in the charts recording its highest surge since the collapse of May 19. In fact, the last time BTC was up by more than 12%, was back on February 8th. The rally has continued at press time, with the price consolidating […]
This Bitcoin metric can be misleading; so where do we stand right now?
Over the past year, there is a particular factor that has been embedded into the speculator’s mind, while analyzing any Bitcoin or Altcoin metric chart. They dive into assumptions with a pre-existing prejudice. Hence, it allows them to observe only one particular direction: bullish or bearish. It is either black or white for them, but […]
XRP: Breaking down these conflicting metrics
XRP’s price might be struggling but its on-chain metrics tell a different story. When it comes to gauging long-term performance of XRP, it mostly comes down to the strength of market sentiment. Its larger-than-life community has been one of the major catalysts for the digital asset; but fundamentally, the digital asset wasn’t lagging behind. Over […]
The when and why behind Ethereum breaking above $3000
It is difficult to navigate through a choppy cryptocurrency market. With a lack of direction on either side of the trend, Ethereum is finding a bit of a bullish push yet again. For Ethereum Classic, there is a considerable lack of volatility, which is keeping the price at bay. Theta, on the other hand, enjoyed […]
The hard truth about Litecoin we need to accept
Litecoin is one of the most trusted cryptocurrencies in the industry. The code is a like-for-like copy of Bitcoin, so there wasn’t any argument on that. However, trust doesn’t necessarily mean staying relevant. It is a fact that over the past couple of years, other Altcoins have taken the space and established their stake as […]
This time, have things changed between Bitcoin, Ethereum, and USDT?
Bitcoin and the Altcoins are currently in a market rut. The bullish recovery hasn’t been smooth sailing after the prices dropped at the end of May. While the industry has had its fair share of positive changes and signs of reversals, substantial results haven’t really panned out since the May 19th crash. High Tether reserves […]
Why you should be wary if you’re a Chainlink investor
Chainlink has been seeing an outstanding 2021. And yet, it is not blowing the competition out of the water like it did in 2020. The crypto-asset has risen by more than 200% since the start of the year, but its position in the market is now outside the top-10. With respect to development as well, […]
Bitcoin Price Analysis: 05 June
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice ‘It gets worse before it gets better,’ is having a delayed reaction to Bitcoin’s price action. The world’s largest digital asset registered another setback recently after it failed to build on its bullish momentum […]
Here’s your guide to MATIC and AAVE’s price relationship
The brilliant rise of MATIC has been well-documented over the past few weeks. Its growth has taken most of the other projects by surprise, especially since MATIC has been in the space for more than 3 years. While the project has been rebranded as Polygon now, it is hard to focus on anything else when […]
More than anything, this is what Ethereum needs for a good June
On-chain metrics and fundamental developments have been a beacon of hope for most Ethereum holders in 2021. Whenever prices have suffered a decline, speculators have leaned towards its consistent functionality, and rightly so. Ethereum has been at the forefront of a lot of crypto-innovations over the years, taking the space to new levels and deserved […]
Why is Bitcoin still below $40,000?
Retail investors are no longer the only ones affected when Bitcoin takes a tumble in the market. Institutional traders are pretty deep with the digital asset too, and their market sentiment counts during any cyclic trend shift. Bitcoin right now is oscillating between $35,000-$40,000, but its collapse from ATH levels was proliferated due to market […]
Litecoin Price Analysis: 04 June
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice 24 hours can make a lot of difference for any asset trying to register a bullish break. Litecoin looked all set to return above $200 yesterday, aligned with an imminent re-test of the $209-resistance. […]
Important takeaways about Ethereum and Litecoin’s odd pairing
The digital asset market has collectively recovered over the past 72 hours. Bitcoin displayed strong signs of recovery and altcoins were doing their part as well. While Ethereum is widely regarded as a major force behind any alt-rally, the inclusion of Litecoin in that same bracket may sound strange. However, there are key signs that […]