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Zcash Continues to Record Correction Towards the Next Support


Zcash is one of the cryptocurrencies that offers secure transactions using a public blockchain. The key point which makes it different from Bitcoin is that it allows the users to do confidential transactions using technology architecture that focuses more on anonymity, making transactions more...

Monero (XMR) Eyes for Sideways Trend Within S/R Levels


Monero and other private coins were delisted from the Bittrex exchange at the beginning of the year. Zcash (ZEC) and Dash (DASH) also faced similar outcomes, continuing the trend of privacy-focused coins being delisted from crypto exchanges. The US has requested Congress to limit the use of such...

Is Solana (SOL) Preparing for a New Take-Off?


Solana shows what it’s like to see a great up-trending chart. With an uptrend observed in mid-February 2021 and after a solid consolidation between March and August 2021, the market’s price action is seen. In August, we can see a heavy price volume action with a little consolidation forming...

Downtrend Inevitable Though MATIC Consolidates at Strong Support


Polygon (MATIC) is undoubtedly a promising cryptocurrency with decent scaling plans, but what would any plan do if the sentiment around cryptocurrencies is failing. Polygon has entered a strongly negative trend, and it will be challenging for it to get out of this selling pressure.  Therefore, only...

Ethereum Fails to Break 100 DMA Even After Multiple Attempts!


Ethereum blockchain has reached a new height in market capitalization after realizing its dominance in the smart contract domains. On top of smart contracts, the ability to support the entire ecosystem dependent on Ethereum for running their multiple blockchain networks has provided ETH with...

Bitcoin SV Technicals Hints Sideways Trading in the Future


Bitcoin SV has had quite a year. It reached its high around $450 twice after a tremendous buy-in and sell-off. It remained highly volatile for around two quarters. In mid-May 2021, it broke, and ever since then, it has lost most of its volatility. Whatever it was that was causing the huge...

Algorand Faces Steep Fall; Down by 1/3rd of Its Value in 3 Weeks


Its ALGO cryptocurrency validates Algorand blockchain has been under work since 2012, but the protocols or functions were not worked on till 2019. After raising over USD 122 million through various VC funding rounds and ICO, the project went live in June 2019, scaling its network to almost...

Uniswap (UNI) Battles Selling Pressure at 100 DMA!


Before we go about the value of Uniswap and how it is growing at a rapid rate, let’s understand one thing, why is cryptocurrency exchange being developed on a decentralized network with no direct controlling authority. The development of the market maker concept arose long before...

Ren Holds $1 as a Psychologically Important Level!


REN was initially ideated in 2018 after raising over $38 million in its Initial Coin Offering. Formerly carrying the longer name of Republic Protocol, the real deal happened after the release of RenVM or virtual main net for which REN token is used as a bond supporting the nodes required by RenVM. ...

Shiba Inu (SHIB) Takes on the Top 50 Cryptocurrencies


Shiba Inu is a cryptocurrency following Dogecoin’s path, often referred to as the Dogecoin Killer. The reason being Dogecoin also uses the image of a Shiba Inu dog on the cryptocurrency images. The Shiba Inu coin was developed by a mysterious person going by the code name of Ryoshi, much like...

Why Does Binance Coin Have a Huge Futuristic Potential?


Binance Coin has a unique journey after being developed by the Binance Exchange in 2017. It was initially used as a discount coin. Being considered a utility token, it didn’t carry much weight and traction. But in September 2020, BNB launched Binance Smart Chain, a parallel chain purely...

Cardano (ADA) Stumbles From Its Immediate Resistance of $2.4


Cardano overtaking Tether in terms of market capitalization is not a small feat. Rather such a position gain comes at a time when the entire crypto market is underselling stress ranging from 10 to 50 percent. ADA holds steady above the market capitalization of $70 billion.  Becoming a highly...

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