XRP dropped 6% over the past few hours that saw the remittance token retest a critical support level. Now, bulls must step in to avoid further losses. Sitting at a Make-or-Break Point Following September's market crash, XRP entered a consolidation phase. The stagnant price action seen in the last two months led to an ascending triangle within the daily chart. A horizontal resistance...
Greed among crypto investors has triggered a market-wide correction, liquidating more than 34,000 traders in the past 24 hours. And unfortunately for ADA holders, Cardano looks no different. Cardano Prepares for Another Leg Down...
Investors are growing overwhelmingly bullish about Bitcoin thanks to the recent price action. However, multiple technical and on-chain metrics suggest that a brief correction is underway. Bitcoin Flashes Sell Signals at Critical Support Bitcoin ...
Ethereum has been consolidating for the last three trading days after buyers failed to break above key short-term resistance near the $420 level. Now, on- chain analysis reveals that buyers are preparing for a second attempt. Ethereum Prepares to Break Out...
The Tezos token, XTZ, is facing an uphill battle after falling more than 58%. Still, several technical indexes suggest that the top-20 cryptocurrency is on its way to greener pastures. The Odds Seems to Favor Tezos' Bulls When looking at Tezos' price action on its 12-hour chart, the token has been contained within...
Band Protocol continues consolidating within a narrow trading range, but multiple indexes suggest that a breakout is imminent. A Buy Signal on Band Protocol's Horizon Despite the market's recent volatility, Band Protocol was one of the few assets that managed to weather the storm. The cross-chain data oracles token...
Filecoin recently activated an improvement proposal FIP-004, making 25% of each block reward immediately available to miners. The update addresses multiple complaints, which rose shortly after the...
While Bitcoin has already made new yearly highs, VeChain prepares to catch up with the rest of the market. The supply chain management token is presenting several bullish signals across multiple time frames. VeChain Prepares a Comeback VeChain has gone through a significant corrective period...
Bitcoin surged to a 16-month trading high on Wednesday as the pioneer cryptocurrency finally broke across $13,000. Bitcoin Breaches Yearly Highs, But for How Long? The top crypto then blew past the psychological $13,000 level following the...
Cardano is going through a stagnation phase while the rest of the cryptocurrency market aims for higher highs. As investors shift their attention to pumping coins, ADA could be preparing for a breakout. Consolidating Between Massive Supply Walls Cardano has been stuck within the 200 and...
While Bitcoin looks poised for further gains after slicing through $12,500, Ethereum and XRP are approaching crucial resistance suggesting an imminent breakout. Bitcoin Aims for New Yearly Highs Bitcoin appears to have broken out of an ascending parallel channel containing its price action since the market crash in early September. After slicing through the upper boundary of this technical formation, market participants...
Chainlink is currently trading underneath a critical resistance barrier. Failing to move past it could be catastrophic for the decentralized oracles token while slicing through it will likely ignite FOMO among market participants. Critical Resistance Ahead of Chainlink Chainlink has been...
Bitcoin has risen by more than 3% since the weekly price open as the pioneer cryptocurrency trades within touching distance of the psychological $12,000 resistance level. The surge in BTC came after Federal Reserve Chair, Jerome Powell,...
XRP kicked off the week with a bang, with prices rising over 2% in the past day. Further buying pressure could push Ripple's cryptocurrency out of a two- month-long correction. Bullish Breakout on XRP's Horizon XRP went through a brutal correction over the past two months relative to the rest of the market. The cross-border remittances token saw its price plummet by more than...
Ethereum staged a notable price pullback alongside Bitcoin last week after the largest altcoin failed to break above its critical monthly resistance at $390. ETH was primarily weighed down by negative sentiment surrounding the cryptocurrency exchange OKEx...
More than $10 billion has been wiped out of the total cryptocurrency market capitalization after OKEx announced it would be suspending all withdrawals. The significant capital outflow saw Bitcoin, Ethereum, and XRP drop in tandem by more than 3%. Now, different technical indexes suggest that all the markets could quickly turn from bad to worse as sell pressure mounts. Bitcoin Seems to Have...
Bitcoin is facing downside pressure in the near-term, following a stalemate in U.S. stimulus talks. BTC is also struggling to get out from under the unexpected news that the cryptocurrency...
Bitcoin went through an impressive uptrend over the past week, pushing the price up nearly 11.5%. The pioneer cryptocurrency went from a low of $10,530 on Oct. 8 to recently trade at a high of $11,740. Now, multiple on-chain and technical indexes suggest that a correction is underway. Institutional Money Pours in While BTC Whales Dump Bitcoin's macro backdrop looks exceptional, and every...
More than $40 billion have flooded the cryptocurrency market in the past week, allowing Chainlink and Band Protocol to post massive gains. Now, it seems like these oracle tokens have reached exhaustion, indicating losses on the horizon. Chainlink Correction Incoming Chainlink entered a significant...
Aztec has announced the launch of a new scaling solution for the Ethereum network--Aztec 2.0. The startup, which focuses on privacy solutions for Ethereum, said the new version would utilize a zk-SNARK standard called PLONK to build a two-layer system for...
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