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Bitcoin (BTC) continues consolidation in hopes of a breakout!
21.12.2022
Bitcoin might be considered a digital gold or a broader representation of the functioning and growth of the cryptocurrency industry. In reality, the idea that something digital can hold weight is based on supply and demand dynamics. If enough people say it’s worth $100,000, it would surely...
Avalanche (AVAX) attempts to breach the $14 upper band of its consolidation!
14.12.2022
Blockchains at the current time are being used for processing multiple different types of transactions. Processing all of them throughout the main blockchain can often lead to bottlenecks and lesser TPS. Avalanche handled such situations by creating three distinct chains, namely X-Chain,...
The Graph (GRT) continues the consolidation: Ready to hit $0.1
13.12.2022
The Graph is a leading platform that allows users to buy/sell cryptocurrencies with cards and bank transfers. It is a popular choice for crypto enthusiasts. Although it formed at a 52-week low last month, it is recovering well. At the time of writing this post, GRT/USD is trading around $0.066...
BNB is facing consolidation near the 100 EMA curve!
9.12.2022
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burning tokens at repeated intervals. By December 2022, Binance has already burnt close to 20% of...
Bitcoin price consolidation could give way to gains in TON, APE, TWT and AAVE
4.12.2022
If Bitcoin rises above its overhead resistance, TON, APE, TWT and AAVE could begin to tack on outsized gains
Bitcoin price consolidation has shifted traders to these 4 altcoins
27.11.2022
DOGE, LTC, LINK, and APE are showing signs of buying even as Bitcoin’s next directional move remains uncertain
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Black Friday
25.11.2022
Bitcoin was marginally lower on Nov. 25, as markets returned to action following the U.S. Thanksgiving holiday. Overall, cryptocurrency markets were mostly in consolidation in today’s session, with the global market cap up 0.12% as of writing. Ethereum was also largely unchanged, with...
TRON fails to attract buyers; Will TRX consolidation end?
7.11.2022
TRON is a content-sharing platform developed by TRON Foundation, a Singapore-based nonprofit organization. It is a peer-to-peer technology that provides a massive opportunity for content creators as well as consumers to enjoy the platform without censorship. TRX is the native coin of the platform...
Solana price caught in consolidation: Can SOL cross $40?
2.11.2022
After gaining popularity, Bitcoin and Ethereum face challenges like scalability, low transaction rates, higher fees, and many others. Several cryptocurrency networks aim to solve the problem, and Solana is one of them. Solana is a decentralized blockchain network that helps to build decentralized...
Bitcoin, Ethereum Technical Analysis: ETH Drops to 5-Day Low, as Fed Likely to Delay Policy Pivot
2.11.2022
Ethereum dropped to its lowest level since last Friday during today’s session, as consolidation in crypto markets continued on Wednesday. This comes ahead of this afternoon’s U.S. Federal Reserve interest rate decision. Bitcoin was also in the red, and remains below $20,800. Bitcoin...
Algorand fails to break consolidation: Should you sell ALGO?
1.11.2022
Algorand is a decentralized blockchain technology that offers more speed and security than other blockchain technologies in the industry. It combines all the well-established features of different cryptocurrencies, such as decentralization, easy-to-divide tokens, added speed, less computing power...
Chainlink (LINK) awaits a breakout after long consolidation!
1.11.2022
Chainlink is not as popular as Bitcoin and Ethereum, but it is famous for its decentralized Oracle network. The Chainlink decentralized protocol was launched in 2017 to solve smart contracts connectivity. The decentralized blockchain ecosystem cannot access real-world data; Chainlink aims to solve...
Ether Exits Triangular Price Consolidation With 4% Drop
13.10.2022
A softer-than-expected U.S. inflation data is needed to save the day for ether bulls
Further BTC mining consolidation as Crusoe acquires peer mining firm
13.10.2022
Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead
Bitcoin Cash (BCH) Price Fails to Break the Consolidation!
7.10.2022
Bitcoin Cash is a fork version of Bitcoin with slight changes in the basic rule of the protocol. The developers proposed increasing the size of the block for better efficiency, but some community members disagreed with the proposal. That is why Bitcoin Cash, a forked version, was created to meet...
Report: On-chain data points to crypto consolidation in Q3
6.10.2022
The latest quarterly report from DappRadar highlights a period of consolidation across the cryptocurrency ecosystem following a turbulent Q2
XRP Recovers Strongly From the Long Consolidation!
6.10.2022
Ripple is one of the popular cryptocurrencies, but due to the lawsuit filed by SEC, XRP observed a long downtrend; now, the case seems to be in favor of Ripple, so the price recovers quickly as big investors and retailers are accumulating the coin. In this uncertain time, many other...
Biggest Movers: SHIB Bounces From Key Price Floor, Climbing to 1-Week High
25.8.2022
Shiba inu was trading over 10% higher during Thursday’s session, as the token rallied to a one-week high. Following a week’s worth of consolidation, the meme coin bounced from a key support level, moving closer to a resistance point of $0.00001500. Ethereum classic was also in...
Solana (SOL) Fails to Breach Consolidation for the Third Time!
23.8.2022
Solana has lost significant value in the last thirty days, which indicates that negative sentiment has developed recently. Despite the negative trend, its position as the 9th largest cryptocurrency by market capitalization remains untouched. This observation further confirms the negative outlook...
Dogecoin Falls Short of 100 EMA; DOGE Continues Consolidation
10.8.2022
The first thing that started exciting investors with volatility and higher price action, Dogecoin, was a king of these things in 2021. With a 160x movement in the first four months of 2021, expectations were soaring high for DOGE. Alternatively, any holder would be a fool to continue expecting...