Waves price analysis: WAVES/USD depreciates to $8.85 after strong bearish momentum
Waves price analysis is showing bearishness as the token has depreciated to $8.85 after losing momentum. WAVES/USD is currently trading inside a descending triangle pattern and is expected to further decline. The next support lies at $7.78, while the resistance lies at $9.29. Waves price analysis for today shows that the token has lost momentum […]
Dogecoin price analysis: DOGE bullish at $0.0874
Dogecoin price analysis reveals the market to enter a complete bullish movement showing massive room for further positive activity. DOGE/USD cost of the meme cryptocurrency had experienced a significant increasing trend which has caused the value of Dogecoin to rise to $0.0867 from $0.830 on May 31, 2022 and maintained a positive movement the next […]
Shiba Inu price analysis: SHIB crashes further to the $0.00001169 mark
Today’s Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost of SHIB experienced a spike and increased to $0.00001420, from $0.00001060; on May 13, 2022, SHIB/USD lost momentum and obtained a massive decreasing movement […]
Stellar Lumens price analysis: XLM/USD strongly bullish at $0.269
TL;DR Breakdown Stellar Lumens price analysis is bullish today. The strongest resistance is present at $0.300. The strongest support is present at $0.244 The Stellar Lumens price analysis for January 10, 2022, appears to be following a downwards movement, with a probability of a reversal soon. The price has been fluctuating heavily for the last […]
Neo price analysis: NEO/USD attains bullish momentum at $11.76
Neo price analysis is showing bullish momentum at $11.76 as the price is bouncing off the support. The next resistance is seen at $12.17 and a break out of this level could lead to a rally towards $13 levels. However, the major resistance for NEO/USD lies at $14.50 and a break above this level is […]
Litecoin price analysis: Bears overtake bullish momentum to push LTC below $69
The Litecoin price analysis is indicating a drop in price today, as the price has lowered to $68.15 after the continuation of the bearish trend since yesterday. The past few hours have been crucial for the cryptocurrency, as bulls have also tried to prevent price slippage but bears are yet in dominating position. The bears […]
Shiba Inu price analysis: SHIB/USD retraces back to the $0.00002900 mark
TL;DR Breakdown Shiba Inu price analysis is bearish today. The strongest suuport is present at $0.00002633. The strongest resistance is present at $0.00003878. The Shiba Inu price analysis shows the price of SHIB/USD maintaining a bearish trend over the last 48 hours. With the volatility declining, the price is less prone to experience increment or […]
Filecoin price analysis: FIIL/USD shows bullish potential at $8.17
Filecoin price analysis shows a bullish trend in the FIL/USD market. The prices are currently trading at $8.17, and they have shown an increase of over 4% in the last 24-hours. The market is trading above the $8.00 level, which is a key support area. The prices are facing resistance at the $8.34 level, which […]
LUNA Airdrop: Traders complain about a flaw in the process
The LUNA airdrop has encountered a slight issue after users complained about the total amount of tokens that the developers sent to their wallets. The developers of the token have been carrying out the airdrop as a means to cushion the effect of the crash on traders. LUNA (which has since been renamed LUNA Classic) […]
Zilliqa price analysis: ZIL/USD gains immense momentum towards $0.200
TL;DR Breakdown Zilliqa price analysis is bullish today. The strongest support is present at $0.05 Ziliqa trading price is $0.088 The Zilliqa price analysis appears to be following a strong upward movement, with the ZIL/USD price breaking the resistance. This may indicate a future reversal movement for the ZIL token. The Zilliqa price analysis reveals […]
Binance announces crypto awareness tour in Africa
Binance has announced an upcoming crypto awareness tour with the set location inside Africa. Africa has seen a massive spike in the volume of digital assets exchanged in the last two years, putting it close to 1,200%. This shows that the crypto market in the region has undergone massive adoption. With that, companies and firms […]
Vechain price analysis: VET breaks above $0.032 gaining a 2.7 percent value
The Vechain price analysis suggests a bullish trend for today. The price break-up was downwards at the start of today’s trading session, but later on, bulls took the lead back and the VET/USD pair price started covering the range upwards. The bullish momentum seems strong as the bulls made an impactful comeback, and enhanced the […]
New York Times’ Keven Roose sells NFT article for over $560,000
TL;DR Breakdown New York Times columnist Keven Roose has sold a digital article as NFT for $560,000. The proceeds will be donated to charities supported by the company. The NFT frenzy has continued to grow stronger with every proceeding day, as different contents are being tested and auctioned-off on blockchain as non-fungible tokens. On Thursday, […]
The Mining Break Through: Unlocking Nvidia’s LHR – NiceHash CEO Martin Škorjanc 
Nvidia, the worlds largest provider of GPU (desktop graphics cards – used for crypto mining) launched its LHR (Lite Hash Rate) technology in May 2021. Designed to combat the issue of shortages of GPUs for gamers due to the increase in crypto mining throughout 2021, Nvidia’s LHR anti-mining software ensured that strict mining limits were […]
Bitcoin Cash price analysis: BCH/USD pair set to dip further in the next 24 hours
TL;DR Breakdown Bitcoin Cash price analysis is bearish. Price has been reduced up to $266.5. Support for BCH/USD is present at $259. The Bitcoin cash price analysis is firmly bearish. The market has been reduced to the $266.5 level, and it is likely that we will see more downside soon. The support for BCH/USD is currently at […]
Tezos price analysis: XTZ falls below $2.10 as bears take over
TL;DR Breakdown Tezos price analysis suggests a downwards movement to $2.00 The closest support level lies at $2.06 LUNA faces resistance at the $2.22 mark. The Tezos price analysis shows that XTZ was rejected at the $22.00 mark and now moves downwards as the bulls show exhaustion while the bears take over. Currently, the price […]
Bitcoin, Ethereum, Chiliz, and Stacks Daily Price Analyses – 31 May Roundup
The global crypto market changed its direction soon after and speeded up its gains. Analysts expected that the ongoing bullish wave for Bitcoin and other coins in the market would continue unaffected. But it couldn’t stand the pressure and has begun losing intensity. Thus, the changes have been negative in the market as the momentum […]
Tezos price analysis: Bullish wave surpasses $3.89 hurdle after recent upturn
TL;DR Breakdown Coin value is standing at $3.89. Tezos price analysis shows uptrend. Support is strong at $2.563. The latest Tezos price analysis supports the buyers as the price covered an upward movement in the last 24-hours. This is being further indicated by the one-day price chart, where the price just crossed the resistance present […]
Bitcoin price analysis: BTC continues higher, tests $32,500
Bitcoin price analysis is bearish today as we expect bulls to be exhausted after a strong break higher and test the $32,500 mark. The $31,000 resistance will likely be retested as support before further upside can follow later this week. The market has turned increasingly bullish over the last 24 hours. The leader, Bitcoin, gained […]
Litecoin price analysis: LTC/USD breaks out at $68.14 as bullish succession continues
Litecoin price analysis is bullish today, with prices rising above $68.14 The cryptocurrency had found support at $65.90 yesterday and is now seeking to continue its bullish momentum. Litecoin price analysis reveals that the cryptocurrency has been on a tear over the past few days as it looks to continue its bullish trend. After finding […]
Polygon price analysis: Bullish run continues as the coin hits $0.6637
Polygon price analysis shows the market opened the daily trading session trading at lows of $0.6147 and currently trading at highs of$0.6685. The market has been on a bullish run as it looks to continue its uptrend. Resistance for the coin is present at the $0.67 level while support is at the $0.6147 level. The […]
Crypto survey reveals 80 percent believe Bitcoin will top $100k
A recent crypto survey carried out on Twitter had 80 percent of respondents predict that Bitcoin price would break above $100,000 by December. Many respondents in the crypto survey predicted Bitcoin would be above $100,000, with 33 percent predicting BTC would be above $288,000 by December. The crypto survey shows how several months can bring […]
Ethereum price analysis: ETH pivots at $2,000, swift drop incoming?
Ethereum price analysis is bearish today as we expect decline to follow after a strong rally to the $2,000 major resistance. ETH/USD will likely look to drop even further as another swing lower high has been set. The market still trades in the green over the last 24 hours. The leader, Bitcoin, gained 2.71 percent, […]
Polkadot price analysis: DOT enters bullish territory for the next 24-hours
Polkadot price analysis reveals a relatively positive approach today; the price has gained most of its lost value. In the last few days, the price of DOT has received much positive attention and has increased to a significant degree. On May 30, 2022, the price suddenly increased and went from $9.79 to $10.35. However, the […]
Bitcoin, Binance Coin, Uniswap, and Stellar Daily Price Analyses – 31 May Morning Price Prediction
The global crypto market has remained blooming as it was affected by any negative changes. The performance of Bitcoin and other leading coins remains unaffected as the influx continues. The mentioned changes have helped these coins gain considerable value compared to other days. The changes this time have been different as the losses have remained […]
ChainLink price analysis: LINK suffers from short-term inflation at $7.4
Chainlink price analysis for 31 May 2022 implies the market is following a solid bullish movement. The price of Chainlink has remained stable over the past few hours; however, the trend has shown inflation dynamics now. On 30 May 2022, the price spiked and went from $6.69 to $7.4 and gained positive momentum soon after, […]
Shiba Inu price analysis: SHIB starts to gain positive momentum at $0.00001242
Today’s Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a slightly upward direction, raising the price of SHIB little by little. After that, however, the cost of SHIB experienced a flash crash and declined to $0.00002159, from $0.00001193; on May 16, 2022, SHIB/USD lost further momentum and […]
Axie Infinity price analysis: Bullish rally drives AXS/USD prices to $24.81
Axie infinity price analysis shows that the market is currently in a bullish trend. The cryptocurrency has been on an upward trend for the past few days and is currently trading at $24.81. The resistance for AXS is present at the $27.82 level, and support for the cryptocurrency is at $19.68. The market is expected […]
Crypto hedge funds gains fueled by institutional adoption and rising bitcoin price
Crypto hedge fund records good performance Rising Bitcoin price and increase in crypto adoption plays a part Crypto hedge funds have performed better than non-crypto hedge funds. This was achieved by through the increase in the number of institutions that have adopted crypto assets in recent months. According to a Hedge Funds Index tracker, cryptocurrency […]
Chainlink price analysis: LINK gains positive momentum at $16.5
TL;DR Breakdown Chainlink price prediction appears to be bullish. The strongest resistance is present at $23.9. The strongest support is present at $15.3. The Chainlink price analysis for February 4, 2022, reveals the market following a strong emerging bullish movement. The price of Chainlink has been fluctuating over the past few hours, more to the […]
Gemini exchange, TaxBit partners to optimize crypto tax reporting
Gemini exchange is set to automate crypto tax reporting for its customers with TaxBit partnership. Investors can be able to track and optimize their trades that can incur high tax implications using the tool. Crypto tax reporting is becoming an issue for many investors, as most people do not know how to accurately calculate and […]
Algorand price analysis: Can ALGO recover to $1.00 key level?
TL;DR Breakdown Algorand price analysis suggests sideways movement below $1.00. The closest support level lies at $0.9018. ALGO faces resistance at the $0.9565 mark The Algorand price analysis shows that the asset’s volatility has plummeted significantly since crashing to the $0.800 mark. Moreover, while the asset swiftly recovered the $0.900 mark, it is unlikely to […]
Bloomberg: The Merge can save DeFi TVL
Bloomberg has mentioned that the much anticipated ‘Merge’ by Ethereum could be what turns DeFi TVL around drastically. In the report, market traders and investors are hoping that it could push the entire crypto market back from bearish grounds. As per new data obtained by DeFiLlama, the TVL of the DeFi market has reached a […]
Wrapped Bitcoin market cap exceeds $1.5B, now sixth-largest on Ethereum
Wrapped Bitcoin has surpassed a market cap of $1.5 billion Currently, the tokenized Bitcoin is ranked the sixth-largest token on Ethereum. The largest cryptocurrency by market capitalization, Bitcoin (BTC), recorded immense price growth in the past few days. Just recently, the crypto broke past the $13,700 price level, making a new yearly high. Amidst Bitcoin’s […]
Avalanche price analysis: AVAX declines below $30 as the market bearish momentum continues
Avalanche price analysis reveals a prevailing downtrend as AVAX prices set to lows of $26.85 in the early hours of the day. The market has seen a general sell-off, with AVAX price declining by a significant value of 23.50 percent in the last 24 hours. Minor support was set at the $30 range but it […]
Cardano price analysis: ADA bulls rallies towards $0.660 after a swift revival gaining 26 percent value
The latest Cardano price analysis reveals a strong bullish trend as it shows the cryptocurrency price function is headed steeply upwards for today. The price of ADA/USD is continuously going up as it has now touched $0.660. The trending line was downwards since 22 April 2022, but the bulls have been trying to elevate the […]
Ryoshi leaves the Shiba Inu project
Ryoshi, the anonymous founder of Shiba Inu, has left after removing all his posts today. Mirroring Satoshi Nakamoto, the identity of Ryoshi has been hidden perfectly, with no one knowing what he looks like to date. This has been made possible by the hands-off approach that he and his team of developers have taken since […]
Tezos price analysis: Bullish sentiment mounts as XTZ/USD prices near $2.0
Tezos price analysis reveals XTZ prices are up by 3.14 percent in the last 24 hours. The digital asset is currently trading at $1.95 after opening the day at $1.87.The digital asset is currently dominating 0.15 percent of the entire cryptocurrency market while it ranks at position 35.XTZ prices have been trading in a range […]
Solana price analysis: Bears maintain downtrend as price slipstreams to $149
TL;DR Breakdown The Solana price analysis is bearish. Bears have taken the price levels down to the $149 range. Support for SOL/USD is present at $142. The Solana price analysis is bearish as a decline in the price level has been observed today; the price levels have moved down to meet the $149 range. As […]
Uniswap price analysis: Bulls charge as UNI/USD spikes by 10.36%
Uniswap price analysis indicates UNI opened the daily trading session trading at intraday highs of $4.89 as bulls looked to continue the UNI/USD pair’s recent journey north. The first few hours of the session were very much in favor of the bulls as prices climbed higher and higher, reaching an intraday high of $5.39 before […]
