Altcoin

Dogecoin Fluctuates Above $0.20 Support, Can Bears Resume Selling Pressure?

Sep 26, 2021 at 08:59 // News The price of Dogecoin (DOGE) has fallen over the past 24 hours. Since the bears have crossed below the moving averages, the selling pressure will continue to the downside. Today, the market has fallen to the low of $0.20 after retesting the high of 0.23. Further downside is possible to the lows of $0.165 or $0.18. The price of DOGE has already fallen into oversold territory. The altcoin will continue its upward movement if the market finds support above the low of $0.18.

Uniswap Resumes Downward After Retesting the $21 High

Sep 25, 2021 at 12:12 // News Uniswap's (UNI) price has continued to fall after dropping below its moving averages. Uniswap has fallen to the low of $18 and there is a tendency of further downward movement of the cryptocurrency. The price of UNI first broke the previous low at $21 and then retreated to retest it. The retest of the previous low suggests that the downward movement will continue. The altcoin will continue to fall to the low of $10. However, the cryptocurrency asset will first find support above

Polkadot Declines, Faces Stiff Resistance at the $34 Level

Sep 25, 2021 at 10:07 // News The price of Polkadot (DOT) has made impressive moves as the altcoin attempts to break above the $34 resistance zone. In the last 48 hours, buyers have retested the $34 level in an attempt to break it. The market will rally above $38 if the current resistance level is broken. However, if it is rejected, DOT will fall and resume its downward movement. Meanwhile, DOT/USD has fallen sharply to a low of $30.50 at press time. Buyers could not sustain the bullish momentum

The cryptocurrency space has been…

The cryptocurrency space has been seeing another boom lately, despite increasing regulatory scrutiny. In fact, according to an industry report by Crypto Parrot, there were 4,908 cryptocurrency launches over the past year. At the time of writing, the crypto-market had around 12,046 cryptos with a cumulative market cap of over $2 trillion. A 68.75% increase! A lot of the recent momentum in the space is the result of institutional investors now seemingly warming up to cryptocurrencies and DeFi. For instance, Fidelity Digital Assets’ 2021 report showed that 84% of U.S.

Solana, SUSHI, Zcash Price Analysis: 24 September

 Altcoins across the market benefitted as Bitcoin and Ethereum continued to trade in the green over the last few trading sessions. The likes of Solana, SUSHI, and Zcash also appreciated over the last 24 hours. Solana flashed a notable move on the upside by securing double-digit gains. SUSHI registered a hike of 8.1%, despite buying strength remaining low. Finally, Zcash noted a 3.8% hike in value after it recovered from the 19 September sell-off.  Solana [SOL]  SOL/USD, TradingView Solana surged by 11.7% over the last 24 hours and was priced

Fake News Moves Market | This Week in Crypto – Sep 20, 2021

 Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin and a statue for Satoshi. These stories and more this week in crypto. A press release claimed early this week that Walmart had partnered with popular altcoin Litecoin. The news was widely celebrated by crypto fans, and the price of Litecoin along with the rest of the crypto market surged heavily in minutes. However, within an hour, both Walmart and the Litecoin Foundation denied any relationship, that news quickly crashing the market. The cryptocurrency-infused financial

Digital Gold v. Legos – Can just Bitcoin or Ethereum do it all

Bitcoin v. Ethereum – The elephant in the room of most Bitcoin and altcoin analyses. During a recent episode of the Unchained podcast, host Laura Shin let the author of The Bullish Case for Bitcoin, Vijay Boyapati, and Ethereum Foundation Researcher Justin Drake take a stab at the question. Needless to say, it was the latest chapter in the debate between Bitcoin and Ethereum maximalists. According to Boyapati, Bitcoin was right to give importance to backwards compatibility, when compared to changing protocols or issuance volumes – as Ethereum has done.

With a ‘ready to go’ ecosystem, does Polkadot have a shot at the $250-$350 range

Polkadot, the 8th largest token has been surging for a while now. Steady development and strong fundamentals significantly contributed to a rally toward a new all-time high ($49.80). Consider this plot- DOT is up 356% YTD. Source: CoinMarketCap Meanwhile, the flagship token witnessed a 256% recovery over the last 56 days, as per Trading View. Although the token, at press time is trading just shy of the $37 mark (down by almost 23% from its ATH)- different analysts remain bullish. For instance, crypto analyst Lark Davis took to Twitter to shed

Tezos, Binance Coin, Cosmos Price Analysis: 02 September

As Bitcoin and Ethereum secured fresh gains, the altcoin industry mimicked their price actions. Tezos, in the midst of developmental news about Golden Goals introducing NFTs on the altcoin, pictured gains while eyeing its immediate resistance level of $6.05. Binance Coin surged by 5.2% as it steered clear of the crucial support level of $460.42. Finally, Cosmos rallied by 7.3% as it prepared to retest its all-time high.  Tezos [XTZ] XTZ/USD, TradingView XTZ rose up on its charts after Bitcoin pushed against $50k. Over the last 24 hours, XTZ registered

MATIC, Solana, BAT Price Analysis: 02 September

Bitcoin’s foray above $50k impacted the altcoin industry positively. Altcoins such as MATIC and Solana kicked off recent rallies. Amidst MATIC’s scalability news, institutional investments hiked pushing the coin up by 8.8%. Solana eyed revisiting its all-time high of $125.95 with a 7% appreciation over the last 24 hours. Finally, BAT retested its one-week high in 8 days after hiking by 4.6%.  MATIC MATIC/USD, TradingView MATIC surged by 8.8% over the last 24 hours and was trading at $1.51. The crypto touched this price level for the second time in

The Altcoin Evolution – Part IV: The Challenges – The Sales Pitch

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that require solutions.  This obviously provides more space for viable contenders to occupy in a crowded market. This provides a robust growth argument for many altcoins, but there is a catch. The giant growth gains are

Why XRP’s recovery and rally would depend on bridging the fair value gap

XRP’s price action has kept investors and traders on the edge of their seats over the last month. The altcoin’s move from $1.9 to under $0.5 and then up to $1.35 has been a remarkable journey, to say the least. However, at the time of writing, XRP was down by 2.5% in 24 hours and 13% in one week. Is the time to shine over for XRP after more than 100% gains over the last month? Or will the altcoin reclaim its ATH levels?  High social anticipation  The social anticipation