Ali Martinez

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Stats Has written 53 posts about cryptocurrency

Dec 04 2020

OMG Network Pumps and Dumps Post-Acquisition

Dec 04 2020 Published at Crypto Briefing under tags  markets

Crypto investors may have acted too soon on news of OMG Network's acquisition. OMG's wild price action was able to trap speculators and it now appears to be stuck in limbo. OMG Skyrockets After Acquisition OMG Network's price action is a clear example of the high levels of speculation in the market. On...

Sell Signals Abound as Stellar Lumens Prepares 20% Correction

Dec 04 2020 Published at Crypto Briefing under tags  markets trading

Stellar has been trading flat since its price skyrocketed by more than 190% in mid-November. Now, technicals suggest a steep 20% correction is underway. Stellar Bound for Bearish Impulse Stellar's recent price action led to the creation of a descending triangle over the past week. A horizontal support...

Dec 02 2020

XRP Prepares for Another Leg Up, Bulls Target $1

Dec 02 2020 Published at Crypto Briefing under tags  markets trading

Ripple's XRP has paused after a massive breakout to new yearly highs. While prices remain dormant, the pressure is slowly rising for another leg up. XRP Seems Poised for Further Gains XRP has been contained within a narrow trading range for the past week....

Nov 30 2020

yEarn Token to Correct, Bounce, and Reach for New Highs

Nov 30 2020 Published at Crypto Briefing under tags  markets trading

Extreme levels of "greed" in the cryptocurrency market continue to pose a threat to top coins, including DeFi's so-called "blue chip" tokens. Coincidentally, yEarn.Finance is forming multiple bearish patterns, suggesting that a correction is in the works. yEarn.Finance to Dip Before Further...

Bitcoin Breaks New All-Time Highs Targeting $23,000

Nov 30 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin rose to a new all-time high for the first time since mid-December 2017. While speculation mounts about further gains on the horizon, multiple on-chain metrics point to a steep decline. Breaking New All-Time Highs Bitcoin managed to recover all the losses incurred after the 17% retracement of Nov. 25. Even though more than 200,000 traders were liquidated during the most recent correction...

Nov 27 2020

Bitcoin, Ethereum to Regain Lost Ground as Investors Buy the Dip

Nov 27 2020 Published at Crypto Briefing under tags  markets trading

Roughly $2 billion in long positions have been liquidated during the most recent correction in the cryptocurrency market. On-chain analysis now shows that investors may not have to wait long to make up their losses. Both Bitcoin and Ethereum are already showing signs of a potential rebound. Bitcoin...

Nov 25 2020

Bitcoin Headlines Sour as Leading Cryptocurrency Corrects

Nov 25 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin sits a few hundred dollars shy from new all-time highs, but several on-chain metrics and technical indexes suggest that the latest correction may steepen. Crypto Enthusiasts Grow "Extremely Greedy" Bitcoin made...

Stellar Lumens’ 170% Bull Rally May Have Just Run Out of Steam

Nov 25 2020 Published at Crypto Briefing under tags  markets trading

Altcoin traders have waxed bullish about Stellar Lumens since its native token XLM skyrocketed more than 170% in the past week. However, multiple technical indicators suggest caution. Stellar Lumens Explodes as Investors Grow Bullish Stellar Lumens' social engagement metrics went through the roof after the altcoin's impressive...

Nov 24 2020

Ripple’s Rise Short-Lived as XRP Holders Rush to Exchanges

Nov 24 2020 Published at Crypto Briefing under tags  markets trading

Like a few other altcoins, XRP has profited from Bitcoin's impressive rally as of late. The cross-border remittances token is up more than 200% in the past two weeks, but several technical and on-chain metrics suggest that prices may retrace before higher highs. Breaking Through Multi-Year Resistance...

Nov 23 2020

Cardano Makes New Yearly Highs While Technicals Warn of Potential Correction

Nov 23 2020 Published at Crypto Briefing under tags  markets trading

Cryptocurrency enthusiasts are paying heightened attention to Cardano after ADA breached new yearly highs. Still, a particular technical indicator points to a retracement before higher highs. Cardano Breaks New Yearly Highs Cardano is yet another altcoin following Bitcoin's 90% bull...

Nov 20 2020

With ETH 2.0 Just 11 Days Away, Ethereum Bulls Take Aim at $600

Nov 20 2020 Published at Crypto Briefing under tags  markets trading

Ethereum managed to slice through the $500 mark for the first time in more than two years. As speculation mounts around ETH 2.0, the buying...

Nov 19 2020

yEarn.Finance Ready to Pullback Following 240% Bull Rally

Nov 19 2020 Published at Crypto Briefing under tags  markets trading

yEarn.Finance has seen its price rise over 25% in the past 24 hours. The bullish momentum looks capped at $30,100, however, as multiple sell signals begin to develop. Steep Correction Ahead for yEarn.Finance Yearn.Finance's price action has been...

Nov 18 2020

Bitcoin Buying Pressure at Record Highs as Billionaires Search for Dollar Hedge

Nov 18 2020 Published at Crypto Briefing under tags  markets trades

Bitcoin appears to have entered a new parabolic advancement. Its price has risen more than 80% since late September without any significant pullbacks. However, a particular technical indicator estimates that steep correction is underway. Strong Fundamentals Behind Bitcoin Bitcoin's uptrend seems to be fueled by a massive influx of institutional capital into the cryptocurrency industry. As uncertainty grows...

XRP Set to Stage Comeback, 60% Breakout in the Works

Nov 18 2020 Published at Crypto Briefing under tags  markets trading

While Bitcoin is reaching new yearly highs, XRP has been waiting for buying pressure to pick up. Multiple technical indexes and on-chain metrics now reveal that this cryptocurrency is about to have its moment of glory. XRP Faces Stiff Resistance Ahead When looking at XRP from a macro...

Nov 17 2020

Bitcoin Breaks Through $17,000, Little Resistance Ahead

Nov 17 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin just broke above the $17,000 mark for the first time since early January 2018. Though the flagship cryptocurrency is in a steep uptrend, technicals point to a small retracement before higher highs. Bitcoin Reaches New Yearly Highs The pioneer cryptocurrency seems unstoppable as the buying pressure behind it is...

Nov 16 2020

Bitcoin Eyes New Yearly Highs, Buy Pressure Skyrockets

Nov 16 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin continues to lead the uptrend in the cryptocurrency market. Its price rose over 4% following Monday's open, and on-chain metrics point to further gains on the horizon. Bitcoin Sees Largest Capital Influx to Date The flagship cryptocurrency has been on a roll lately, surging more than 10% in the past week. As more...

Nov 15 2020

Chainlink Network Activity Plunges, LINK Price May Soon Follow

Nov 15 2020 Published at Crypto Briefing under tags  markets trading

Crypto enthusiasts are growing overwhelmingly bullish as the market seems to have entered a new parabolic advance. Still, Chainlink fans may have longer to wait than the rest of the industry. Multiple technical and on-chain indicators suggest that LINK is bound for a correction before reaching higher highs....

Nov 11 2020

Despite Infura Crash, Ethereum Leads Bitcoin, XRP to Higher Highs

Nov 11 2020 Published at Crypto Briefing under tags  markets trading

Bitcoin, Ethereum, and XRP sit at a pivotal point as billionaires flock to the cryptocurrency industry. While buying pressure mounts, these cryptocurrencies could be about to rise to higher highs. Bitcoin Awaits for Volatility to Strike Back The...

Nov 10 2020

DeFi Comes Roaring Back: Aave, Uniswap, yEarn Lead the Way

Nov 10 2020 Published at Crypto Briefing under tags  markets

The DeFi market is making a roaring comeback after two months of losses in the wake of Bitcoin's run-up. Aave, Uniswap, and yEarn Finance are leading the way in gains. Aave Flashes Sell Signal Following 120% Rally Aave experienced a significant spike in demand on Nov. 5 that saw its price skyrocket over 120%....

Nov 08 2020

New Addresses Joining Cardano Jumps 202%, ADA Takes Aim at Yearly Highs

Nov 08 2020 Published at Crypto Briefing under tags  markets trading

Multiple on-chain metrics suggest that Cardano is poised to advance further. Still, ADA must overcome one final resistance barrier before reaching new highs. Cardano Looks Ready to Recover Lost Ground Cardano entered a steep corrective period after reaching new yearly highs in late July. The so-called "...

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