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Dogecoin Retests Support at $0.0022 and Falls Under Selling Pressure
24.1.2020
Dogecoin (DOGE), at the time of writing this analysis, was trading at $0.00223 Just when Bitcoin price rose temporarily above $9,000, DOGE price had also hit a fresh 30-day high at $0.00258 DOGE’s current trading price gains support from the 200-day MA as it is retesting support around $0.0022...
Turkey Prepares to Increase Oversight in the Crypto Space
6.1.2020
Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized...
Will Ripple (XRP) Bow Down Completely Under Bear Pressure?
26.12.2019
XRP was one of the major cryptocurrencies in the crypto market. The coin had shown great momentum till June, but when the bears stuck in July, Ripple price went on a continual downward swing. If we look at the YTD price chart, it shows that the price of XRP coin trading in the range between...
Will Ripple (XRP) Manage to Stay Away from Bearish Pressure in the Near-term?
24.12.2019
Ripple has great potential, and it had a great start to the year until the bears overtook the stronger position in the crypto market since July. The price of XRP coin started on a high note of $0.1960 on December 17. With the bears showing a stronger hold over the coin, Ripple price fell...
Poloniex Restores Unverified Accounts With Unlimited Trading
22.12.2019
In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...
Bitcoin (BTC) Trades Stably; Lightens the Selling Pressure
9.12.2019
Bitcoin moves beyond the ‘strong selling pressure’ that it withhold since quite some time now BTC’s current trading price gains support from the short-term Moving Averages BTC holds the major support around $7,300 and $7,250, while the major resistance $7,650 price area Bitcoin has been trading...
Dogecoin Trades with Moderate Selling Pressure; Gains Support from Short-term MAs
2.12.2019
Dogecoin trades around $0.0022 price area; gains support from the short-term moving averages Dogecoin price takes a swift downturn trading from $0.0028 to falling at $0.0020 in a 30-day time frame Currently, the currency trades with a 10% growth when compared to the lowest in the said time frame...
Bitcoin and Altcoins Restart Downtrend, Bulls Under Pressure
2.12.2019
This past week, bitcoin price recovered above the USD 7,350 and USD 7,550 resistance levels. BTC/USD tested the USD 7,850 resistance area, where the bulls struggled. As a result, the price started a fresh decline and traded below the USD 7,350 pivot area (09: 00 UTC).
Similarly, many major altcoins...
LTC Trades with Bullish Impact; Selling Pressure Remains Prominent
29.11.2019
Litecoin trades at $47.84 with slight support from the short-term moving averages Just like other altcoins, LTC is also trading with utmost selling pressure LTC’s current trading price is 9% higher than the lowest of the past 30 days Litecoin (LTC) has hit the new 90-day low at $42 in the past four...
Crypto Employees in China Work From Home to Avoid Government Pressure
29.11.2019
Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say...
Chainlink (LINK) Receives No Respite from the Sluggish Pressure
28.11.2019
Chainlink’s struggle continues for another day and loses 1.21% in one day The price trend of the last day shows huge volatility with three major price fluctuations Chainlink has entered into another day of sluggish growth. In the last 24 hours, it has decreased its price by 1.21%. It has been...
Dogecoin (DOGE) Trades Under Selling Pressure; Dips at $0.0023
22.11.2019
Dogecoin hits bottom at $0.0023, after having traded around $0.0027 for a notable time period DOGE price slips to trade at $0.0023 after a month of trading beyond it Dogecoin price records a fall of over 5.5% in the past 24 hours The whole crypto market crashes as Bitcoin, Ethereum, and XRP trade...
NEO Price Rallies Despite the Heavy Market Pressure
20.11.2019
The crypto market is registering heavy fall now. Most of the coins in the market are registering the loss and waiting for an upsurge to take them out. However, there are still some coins that have managed to keep the price up. NEO falls in the latter category of the coins. Yesterday, NEO price...
Litecoin (LTC) Oscillates in the Midrange And Holds Solid Selling Pressure
19.11.2019
Litecoin price slides below $60 and now even below $58, trades at the major support price $55 Keeping in light the current market volatility, we fear that LTC price may even test $50 price mark soon if it continues to descend LTC/USD currently trades in the mid-range of the lowest and the highest...
Litecoin Faces Major Support at $55, Trades with Utmost Selling Pressure
18.11.2019
LTC price takes a break below $60 and now even $59, forming a descending trendline If LTC price descends even below it will form a loss-making zone until it reclaims above $60 Litecoin price shows volatility with a falling wedge observed in the initial days of the past week Litecoin (LTC)...
Dogecoin (DOGE) Records 5.79% Fall Due to Market Pressure
15.11.2019
Dogecoin is battling from the heavy market pressure from a long time. Despite the current downward movement in the DOGE, the traders are quite hopeful for a better future. The current market condition is quite disappointing as the price has fallen to $0.0025 mark. Dogecoin Price Prediction...
Ethereum Tests Support at $180, Trades with Solid Selling Pressure
15.11.2019
Ethereum slides close to the major support around $180 and trades at $182 ETH/USD also tests supports at $180, in the same duration once Ethereum faces a strong struggle to climb against its imminent supports Like Bitcoin, ETH price slips in the selling zone as well After having traded below...
Monero (XMR) Rallies Despite Heavy Market Pressure
14.11.2019
Monero price keeps the uptrend intact The intraday traders might close with a profitable digit The crypto market is giving a mixed indication since the beginning of the day. The coins opened with a bullish trend, but now most of them are trading with loss. However, there are still some coins that...
Cardano (ADA) Price Exhibits 3% Rally Despite Heavy Market Pressure
12.11.2019
Cardano price registers uptrend amid the volatile market The intraday traders can expect a good closing The crypto market is exhibiting volatility for quite a long time. The coins are normally disturbed due to the same, but ADA coin has attained a distinct potential. The currency is marking...
Verge (XVG) Outshines Amidst the Market Pressure
11.11.2019
The market is currently under huge pressure. The last few days have been quite volatile. The traders are eagerly waiting for a recovery. The coins are also struggling to keep up, but some of them are seen drowning while others are battling hard. Verge falls in the latter category as the coin...