Binance Coin

BNB saw a bounce from a demand zone, can $460 be the next target

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Binance Coin is the exchange token of the largest cryptocurrency exchange by volume, Binance. On the charts, Binance Coin has had a bullish outlook in the past couple of weeks as it climbed past the […]

Price analysis 3/4: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

Traders continue to sell the top of each rally, resulting in a sharp pullback in Bitcoin price and several major altcoins. The equity markets in Europe and the United States are seeing a sea of red as traders continue to sell risky assets due to the geopolitical situation. Bitcoin (BTC) and several major cryptocurrencies are also witnessing profit-booking after the recent rise. Another reason that could be keeping investors on the edge is the upcoming Federal Open Market Comm

All the caveats to Solana’s recently positive price action

The month of February, despite being highly volatile, turned out to be not so damaging in the case of Solana. The overall gains and losses canceled each other out by February 28 after the 20% rally, and the month’s total changes stood at 0.13%. But when it comes to investor performance, Solana outperformed pretty much […]

Price analysis 3/2: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

Bitcoin appears to be losing momentum and altcoins are stalling, but the fact that bulls are holding key support levels could signal that the rally will continue after a brief pause. The speculation regarding the U.S. Federal Reserve’s tightening cycle and recent geopolitical developments may have resulted in panic selling by short-term traders. Analysis from Glassnode suggested that traders who had purchased Bitcoin (BTC) near the November 2021 high liquidated their positio

Ethereum, Binance Coin, XRP and One ETH Competitor Will Lead Altcoin Recovery, According to Analyst Nicholas Merten

A popular crypto analyst is looking at how several leading altcoins stack up against Bitcoin (BTC) to see which assets might rally once again. In a new strategy session, Nicholas Merten tells his 511,000 YouTube subscribers that recent macroeconomic and geopolitical turmoil previously toppled the momentum in altcoin markets. However, Merten says current volatility will […] The post Ethereum, Binance Coin, XRP and One ETH Competitor Will Lead Altcoin Recovery, According to Analyst Nicholas Merten

Price analysis 2/28: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

Bitcoin and altcoins surprised investors with a sharp bullish breakout today, signaling a possible change in the short-term trend. Bitcoin (BTC) soared above $40,000 on Feb. 28 even though the S&P 500 remained soft. This suggests that the correlation between Bitcoin and the U.S. equity markets may be showing the first signs of decoupling. If bulls sustain the price above $38,500 till the end of the day, Bitcoin would avoid four successive months of decline.The volatility of

Price analysis 2/25: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

BTC is etching daily higher lows and altcoins are holding on to their recent gains, suggesting that a market bottom could be in place. The U.S. equity markets and Bitcoin (BTC) have rebounded sharply from their Feb. 24 lows while gold has made a retreat from its recent highs. This indicates that investors may be buying risky assets and reducing exposure to assets perceived as a safe haven.Recent reports also suggest that Russian President Vladimir Putin may send a delegation

Price analysis 6/25: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC

Sellers are jumping on top of every breakout from Bitcoin and altcoins, indicating that the bears are in no hurry to let go of their advantage. Bitcoin (BTC) price remains jittery and throughout this week, every relief rally is being sold into. This is a classic bear market reaction and may not end in a hurry. However, the current price action should not worry investors because the longer the time spent in a bottoming formation, the stronger the base for the next leg of the u

Price analysis 6/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

The swift rebound in Bitcoin and altcoins indicates strong accumulation occurring at lower levels. Bitcoin (BTC) dropped below $30,000 on June 22, which may be a final sign of capitulation. Data from Skew suggests that if Bitcoin’s price does not recover sharply in the next few days, the decline in the current quarter could be the second-worst quarter since 2014. Bull and bear phases are part and parcel of every asset class. All the legacy markets have witnessed several bear

Binance Coin, MATIC, Litecoin Price Analysis: 23 June

China’s attempt to clamp down on crypto-trading negatively impacted altcoins, an action that fueled a hike in price volatility over the week. At press time, as Bitcoin’s price recovered by 7.5%, most major altcoins were trading in the green. Binance Coin’s trading volume, for instance, rose by 110% while MATIC still held on to its […]

Binance Coin, Polkadot, Uniswap Price Analysis: 22 June

With the bearish market beating down on every coin, total market capitalization fell by 11.5%. On the back of Bitcoin’s movement, most altcoins including Binance Coin, Polkadot, Uniswap made a quick recovery earlier on 22 June, before sliding back to trade in red, at press time. Active bearish momentum could discourage northbound price movement for […]

Ethereum, Cardano, XRP: Should we expect an alt season at all?

Bitcoin has been dominating the market since the existence of cryptocurrency, but recent years have seen the king coin lose its grip. In the wake of that loss, altcoins started gaining traction with several major altcoins grabbing BTC’s lost share. However, the question here is how soon or should we expect an alt season at […]

Price analysis 6/21: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge. In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell. Bitcoin (BTC) dropped over $1,000 within a few minutes as news hit the stands that the third-largest Chinese bank, the Agricultural Bank of China, will not allow the use of its services for crypto transactions. Although the

What these Ethereum, Chainlink, Binance Coin market players are up to

The cryptocurrency market is evidently going through yet another free-fall period. In fact, the price of a major asset like Bitcoin has dropped below $35,000. With Ethereum, the situation was a little worse as its valuation dropped below $2,150 for the 1st time since 24 May. However, while price action screamed bearish on the charts, […]

Price analysis 6/18: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH

Traders expect further downside from Bitcoin and altcoins after BTC dropped below a key support level at $36,000. The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that concluded on June 16. To tame inflation, the Fed plans to undertake two rate hikes before the end of 2023.This news has boosted the U.S. dollar index DXY to its best level since mid-April. Gold’s price, which generally has an inverse

Binance Coin, Polkadot, Uniswap Price Analysis: June 17

The altcoin market saw an 8% rise in market cap as most alts remained relatively volatile. Binance Coin, Polkadot, and Uniswap saw a dip in their price on June 15 and were gaining momentum, depicting slight gains. While the volatility for these three alts was low, a slight gain in price can lead to increased […]

Are These The 6 Richest People In The Crypto Industry ?

There’s a lot of money in the crypto industry, that much is for sure. And we’re at a stage in which there are projects that are advanced enough for their creators to have already reaped the benefits. And then, there’s Bitcoin. Early adopters and believers, extremely long-term hodlers, are sitting on a fortune. Who’s made […]

Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH

Bitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit. Bitcoin’s price (BTC) turned down from just above the $41,000 mark on June 15, suggesting that traders are halting their purchases at higher levels. Traders seem to be hesitant to take large bets until the U.S. Federal Reserve releases its latest economic projections and the timeline of the proposed rate hikes today.However, Jurrien T

Binance Coin, MATIC, IOTA Price Analysis: 16 June

The altcoin market, after noting a considerable uptick in the last two days, saw a slight fall in market cap by 4%. Binance Coin, the fourth-ranked crypto on CMC, registered steady gains before its price started dipping on June 15. A similar trajectory was plotted by IOTA. Finally, MATIC showed signs of weakening too as […]

Price analysis 6/14: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH

Bitcoin’s surge above $40,000 and the breakouts from select altcoins may be signals that the bottoming process has begun. Bitcoin (BTC) has risen above the psychological resistance at $40,000 following a series of positive news flow over the past week. The first bit of bullish news that impacted the price of Bitcoin was a tweet from Tesla CEO Elon Musk who said the carmaker wil accept Bitcoin payments if more than 50% clean energy is used by Bitcoin miners with a “positive fu