Dogecoin’s lack of stronger cues means this for the asset
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice After touching record levels throughout April and May, Dogecoin suffered a massive decline of 70% on the back of a wider crypto-sell. A descending channel breakout offered temporary relief, but the bears have been […]
Why Ethereum Classic is unlikely to climb above this price level anytime soon
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Ethereum Classic’s 330% hike in early May seems to be a distant memory now. Since then, the price has declined sharply, dropping by nearly 80% to its 19 May swing low of $40 at […]
A bullish breakout for Cardano – How likely is it?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has failed to breach the $1.88-resistance since 19 May and its latest unsuccessful breakout attempt in early June resulted in another 50% decline. A single candlewick dropped all the way towards $1 and […]
Ethereum, Tezos, Synthetix Price Analysis: 25 June
On 25 June, market bears resumed their attack on the recovering cryptocurrency market. This attack was felt by Bitcoin‘s price and market cap, with the same mirrored by the altcoin sector too, including the likes of Ethereum, Tezos, and Synthetix. Ethereum [ETH] Ethereum’s price was trying to recover over the past couple of days when […]
Binance Coin, Tron, UNI Price Analysis: 25 June
Major cryptos gained back some ground after facing some major losses on Tuesday. After dropping below $30,000 for the first time since January, Bitcoin was back to $34,213 at the time of writing, hiking by 3.1% over the past 24 hours. Major altcoins like Binance Coin, Tron, and UNI also profited off the back of […]
Bitcoin Cash: Is another drawdown likely?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash suffered a major setback after its price declined by 80% from its 12 May swing high of $1,642. An additional 50% drop dragged it below its 19 May swing low of $470, […]
XRP, Chainlink, VeChain Price Analysis: 25 June
As the market continued to make slow and steady recovery, some altcoins bounced back up earlier than expected while others highlighted more volatility and steeper ups and downs. With new updates in the SEC v. Ripple lawsuit rearing their heads every other day, XRP hiked after the 21 June fall. VeChain, on the contrary, made […]
Bullish or bearish? Crypto analysts share their view for where the market could go from here
It appears that the cryptocurrency industry is positioned to continue its growth from a long-term perspective. The post Bullish or bearish? Crypto analysts share their view for where the market could go from here appeared first on CryptoSlate.
Bullish or bearish? Crypto analysts share views for the rest of 2021
It appears that the cryptocurrency industry is positioned to continue its growth from a long-term perspective. The post Bullish or bearish? Crypto analysts share views for the rest of 2021 appeared first on CryptoSlate.
JPMorgan says Bitcoin may dump to $25,000, cites Grayscale’s GBTC unlocks
JPMorgan analysts say the upcoming ‘unlock’ of a popular Bitcoin fund could cause further selling of spot BTC, driving the prices of the world’s largest cryptocurrency by market cap to as low as $25,000. The post JPMorgan says Bitcoin may dump to $25,000, cites Grayscale’s GBTC unlocks appeared first on CryptoSlate.
Bitcoin could reach $40,000 when this happens…
Bitcoin has kept everyone on their toes by exhibiting the most volatile movement this year. Rallies to $60k and crashes dropping BTC down to $29k certainly don’t induce the kind of adrenaline people are looking for. But all of this is in the past, the question that now arises is what the future holds for […]
Bitcoin Cash, Solana, MATIC Price Analysis: 24 June
The last 24 hours have seen the cryptocurrency market at its most volatile, with the cumulative trading volume falling despite the sector’s alts trading in the green, at press time. Bitcoin Cash was up by 5.2% while MATIC was up by 1.3%. However, Solana’s recovery was relatively slower, and it was instead down by 0.7% […]
Cardano to hit $10! Here’s how and when that could happen
Cardano has been the talk of the town ever since people started speculating ADA as an ‘Ethereum killer’ and its tech updates. One such speculation placed the third generation cryptocurrency’s end-year price target at $10. And while it may sound crazy, long-term metrics do point towards it in a way. Popular analyst Crypto Capital Venture […]
Binance Coin, Litecoin, Chainlink Price Analysis: 24 June
The cumulative market volume of cryptocurrencies dropped over the last 24 hours, with the same falling by 42.47%. While Bitcoin’s prices were hovering around the $33,000-mark at press time, the altcoins’ fortunes were mostly mixed, with some making small recoveries while others still traded in the red. Binance Coin, Litecoin, and Chainlink had registered monthly […]
What Ethereum traders need to be cautious of
Ethereum’s price has been on a downtrend ever since its peak in May. Although its correlation has dropped with Bitcoin, the altcoin was still a part of a volatile market. ETH’s value has depreciated by 55% since May and was currently trading at $1,938. Ethereum daily chart The above daily chart indicated ETH losing support […]
Ethereum, Cardano, Polkadot Price Analysis: 24 June
With Bitcoin’s price highlighting increased volatility and steep ups and downs, the most prominent alt – Ethereum – was quick to follow its lead. At press time, even though BTC’s price showed slight gains, ETH’s price was continuing on its downward trend. On the contrary, while Cardano [ADA] noted a 14.80% dip over the last […]
How is Solana managing to stay relevant?
When Bitcoin drops the ball, most Altcoins follow its lead in the market. A similar story unfolded last month when the crypto market collectively nose-dived in the charts. Yet, there is one asset that didn’t really buckle much under bearish pressure. Solana or SOL token has been impressive in 2021 but it has probably turned […]
Bitcoin, XRP, Dogecoin Price Analysis: 24 June
While the market continued to make a slow and steady recovery, some altcoins bounced back up earlier than expected. In the meanwhile, however, these altcoins were in the news for a host of different reasons. Ripple Labs, for instance, recently served a deposition subpoena on a former SEC official in the ongoing lawsuit against the […]
MATIC is on the verge of a…
MATIC’s price dropped to $0.9260 as the crypto market collapsed on Tuesday. However, the price has made a 27% recovery till now. At the time of writing, MATIC was trading at $1.18 with a market capitalization of $7.44 billion. MATIC hourly chart As the price recovered from the brutal fall witnessed earlier this week, it […]
XRP’s restricted movement could change?
XRP’s market was witnessing a recovery, at the time of press. The price of the digital asset turned around on Tuesday from the lows of $0.5499 and was being traded at $0.6409. This 25% recovery has established a base at the price level of $0.6159 and was acting as immediate support, meanwhile, resistance was marked […]