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Cardano (ADA) Gets a Renewed Buying Sentiment: Will It Sustain?

9.9.2021
Cardano has turned heads ever since it climbed to the third rank in terms of current market capitalization. Despite having a circulating supply of 45 billion coins, ADA has jumped more than 10% in the last 24 hours. It currently weighs at $83 billion in valuation, closing towards a 100 billion...

BAT Takes Support from Its 100 Days Moving Average!

9.9.2021
BAT or Basic Attention Token is a native token meant for the Brave browser ecosystem. Under Brave, it is used as a blockchain tool for its digital advertising platform. The BAT token is beneficial for both users and advertisers since users are rewarded for viewing ads through the BAT token. At...

Litecoin (LTC) Takes Support from 50% Fibonacci Retracement

8.9.2021
Litecoin has fallen from the top cryptocurrencies to the 14th position in terms of market capitalization. While based on the Bitcoin protocol itself, developers of Litecoin followed a different hash technique. Their main goal of developing a better blockchain network when compared to Bitcoin....

Solana (SOL) Outperforms Even the Profit Booking Market!

8.9.2021
Solana cryptocurrency seems to have outperformed the broader market even when most of them fell to selling pressure. Whether the issue rose from the transaction complications faced at multiple trading platforms or because of a pre-planned selling strategy, Solana weathered the selling pressure...

XLM Retraces After Breaching Its Immediate Resistance of $0.40

7.9.2021
Stellar Lumens or XLM is the closest cryptocurrency when compared with the fiat supporting blockchain technologies. Originally based on Ripple Labs Protocol, XLM carries the original plans meant for XRP. One can also call XLM a hard fork of XRP. XLM in recent years has grown as the closest...

Dogecoin Down by 15% in Two Days: Time to Book Profits?

7.9.2021
Dogecoin made a decent high of $0.3517 on August 16, 2021, but the profit booking followed by the next day pushed it back to its support levels. This DOGE price movement back then was indicated as a profit booking opportunity. Such opportunistic price action demands restraint in terms of blind...

DigiByte Registers 10% Fall in a Day; Is It the End of Uptrend?

7.9.2021
DigiByte is a lesser-known crypto ranking in the top 100 operational cryptocurrencies in 2021. With a market capitalization of little over USD 1 billion, there isn’t a strong return on investment as compared to leading cryptocurrencies. It’s a bit odd to witness only a 300% rise in 2021 when...

Chainlink (LINK): How Long Will It Take to Reach $50?

6.9.2021
Smart contracts have quickly developed into a whole new dimension of new technology supported by the existing blockchain network. Chainlink aims to ratify smart contracts bringing its achievable target of $50. The price action on chainlink has been ahead of major crypto leaders in terms...

Strong Move: XRP Closes to Fill the May Selling Gap!

6.9.2021
XRP has become the face of legal transaction accommodation fiat currencies. Neither can it be mined, nor can it be used for direct transactions; they can only accommodate higher denomination currency transactions and are being used by leaders of the financial space.  XRP holds the 6th position...

Will Bitcoin (BTC) Sustain the Price Level of $50k

3.9.2021
Old is gold, and Bitcoin is considered gold among all cryptocurrencies. With strong support at $44000 and $46000, one has to take a minimal risk to scale further uptrend in this cryptocurrency. Bitcoin hasn’t had any new developments on fundamental levels, but being considered digital gold...

What’s Feeding the Ethereum (ETH) Rally?

3.9.2021
The last two months have been a boon for Ethereum investors as compared to the worrisome price action of June and July when many believed cryptos will plummet to even lower levels. Even a cryptocurrency with a huge market cap like ETH has rallied by more than 130% since July lows. Its capability...

Time to Add More? MATIC Is Still Underperforming!

2.9.2021
MATIC has been in a sideways movement for a longer duration when compared to other Ethereum based cryptocurrencies. In simple words, Matic is a layer two scaling using proof of stake protocols and a customized version of the plasma framework.  Previously known as Matic network, it has now been...

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