Tag: cryptocurrency analysis

Jan 13 2021

12th January: BTC/USD Rebounds to 36,000 and Turns Back Down, ETH/USD Repeats Bitcoin’s Graphic Pattern

BTC/USD began the trading on 12th January at 35,468, according to the exchange rate at CEX.IO. In the first two hours, the pair edged down to 34,000. Then, starting from 03:00 UTC BTC/USD began an ascendency, which at 08:00 UTC took the pair to the 50-period simple moving average at around 35,600. The attainment of the moving average was a signal for a...

Jan 12 2021

Top 3 Coins to Watch – Week 2

As usual, several projects are deploying important mainnet upgrades and launching new features this week. Our this week’s selection consists of three coins that we think will benefit from the increased attention. Will this be enough to end what it appears to be a significantly bearish week in the green?

Jan 07 2021

Top 3 Coins to Watch – Week 1

It has been a few days since we entered 2021 and the cryptocurrency market continues its rally. The very first selection of top coins to watch this year is again topped by the most popular and most established cryptocurrency, but while often staying in the shadow of Bitcoin and Ethereum, other projects are also making significant progress by deploying new features.

Jan 06 2021

Bitcoin & Ethereum Analysis: Top Coins Continue To Pave The Way As Entire Market Approaches $1 Trillion

Bitcoin continued to set a new ATH price today at $35,868 after the cryptocurrency rallied by another 9.2%. The growth of Bitcoin over the past 3-months has been truly extraordinary after the cryptocurrency managed to rise by a robust 225%.

Dec 29 2020

Top 3 Coins to Watch This Week – Week 53

We are heading towards the end of 2020 and therefore you are reading the last weekly selection of top 3 coins to watch this year. Despite the festive spirit, cryptocurrency markets and developers are not at rest. Quite the opposite - we are seeing some significant price action and even the roll-out of a few important network upgrades.

Dec 28 2020

Ethereum Price Analysis – ETH Creates Fresh 2020 Highs Above $700 After 31-Month Wait

Etheruem set a fresh 2020 high today, around $738, after seeing a 35% price hike over the past month of trading. The coin had set the previous 2020 high toward mid-December but failed to break the resistance at $675 (bearish .786 Fib Retracement). From there, ETH dropped back into the $580 support where it rebounded last week. Yesterday, ETH managed to break the...

Dec 24 2020

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

Hong Kong, Hong Kong, 24th December, 2020, // ChainWire // The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy,...

Dec 23 2020

Top 3 Coins to Watch – Week 52

As we move through the final month of the year, several cryptocurrency projects are moving ahead with continued development. Nevertheless, this week’s selection is topped by Bitcoin, which ended Week 51 with an amazing ATH price of above $24,000.

Dec 18 2020

17th December: BTC/USD Surges above 23,500, ETH/USD Edges above 650

BTC/USD opened the trading session of 17th December at 21,376. Having breached the historical resistance at around 19,800, the pair could rise higher freely, without being restrained by any price barriers whatsoever. Therefore, right from the day’s start the pair began trending up, going in a steadily rising pattern.

Dec 15 2020

Top 3 Coins to Watch – Week 51

With just a bit more than two full weeks left until the end of 2020, many people, including some cryptocurrency investors, are already looking forward and hoping for a better and less uncertain 2021. Nevertheless, 2020 has not ended yet and a lot can happen on the cryptocurrency markets in these remaining two weeks. While Bitcoin probably won’t double its value this December...

Dec 09 2020

Top 3 Coins to Watch – Week 50

As we slowly move towards the end of the turbulent 2020, the expansion of the total cryptocurrency market capitalization seems to be slowly losing steam. Nevertheless, there are several cryptocurrency projects that are issuing updates to their mainnets, rolling out new features or taking part in other important events.

Dec 08 2020

Bitcoin Price Analysis – BTC Breaks Short Term Consolidation, But Finacial Institution Bulls Continue To Buy Up BTC At Unprecedented Rates

Bitcoin’s price might have dropped by a small 2% today, but the cryptocurrency still remains strong after a 23% price increase over the past month. The coin had bounced at $16,400 toward the end of November as it continued to push back into the ATH price of $19,893 at the start of December.

Dec 04 2020

Five Big DeFi Tokens That Made Their Owners Richer in November

Almost all DeFi projects are about liquidity pools, instant loans, decentralised exchanges, lack of regulation and immense ROIs that most people aspire to when investing their money in DeFi assets. Some of them were proved right during the month of November that saw a sizeable batch of DeFi tokens taken to considerable heights.

Dec 01 2020

Top 3 Coins to Watch – Week 49

As we enter the last month of 2020, several cryptocurrency projects, including some of the top-tier ones are making continued progress and deploying updates to their mainnets.

Nov 25 2020

24th November: BTC/USD Break above 19,000, ETH/USD Takes Respite above 600

BTC/USD opened on Tuesday, 24th November, at 18,370. After the open, the pair was trending sideways mainly between 18,305 and 18,520. But the hammer candlestick on the hourly time frame between 6:00 and 7:00 UTC gave the pair enough rising stimulus to break above 19,000 later in the day.

Nov 24 2020

Price Analysis: Top 4 Coins to Watch Week 48 – BTC, XLM, ZEN, and ETH

We are at Week 48 and we recently released the top 4 coins to watch this week. The coins involved are BTC, ETH, XLM, and ZEN;

My Crypto Heroes Announces Issuance of MCH Governance Token

Tokyo, Japan, 24th November, 2020, // ChainWire // My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes...

Top 4 Coins to Watch – Week 48

Another interesting week on the crypto markets is ahead of us. In fact, there is so much going on this week that it was next to impossible to pick just 3 coins to watch. Therefore our this week’s selection exclusively includes 4 coins. The additional coin makes the article a bit lengthier, so let’s take a dive right into it.

Nov 20 2020

19th November: BTC/USD Continues Sideways, ETH/USD Repeats

On Thursday, 19th November, the BTC/USD price rate opened at 17,810. In the first hour, the price dipped below 17,600 but quickly rebounded to almost the level of the open. In the next three hours, the price was edging up, several times reaching above 18,000.

Nov 19 2020

Bitcoin Price Analysis – BTC Bullish Surge Has Professional Investors Expecting Coin To Reach Above $300,000 By End of 2021

The BTC price increase that we have seen this month has truly been exceptional. The cryptocurrency has managed to surge by a total of 55% over the past 30-days which allowed it to climb above the $18,000 level before dropping off slightly to $17,750.

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