Avalanche price analysis: AVAX prices dip further downside as the market corrects lower
Avalanche price analysis has seen a lot of selling pressure in the past 24 hours as the market corrects lower. The cryptocurrency is now trading at $83.08 and is down by over 7% in the past 24 hours. The market has been correcting lower since the beginning of the week after setting new all-time highs […]
China’s crackdown on Bitcoin miners, a grave mistake – Michael Saylor
TL;DR Breakdown Michael Saylor lashes out at China’s crackdown on Bitcoin miners. Market prices continue to fluctuate. The move by China opens opportunities for other countries. Michael Saylor argued that China had made a grave mistake by cracking down on BTC miners and ousting them out of its borders. Dwindling prices and market instability – […]
Bitcoin volatility drops to 18-month lows
Since it was founded in 2009, Bitcoin has existed as a decentralized digital currency. Since time immemorial BTC has dominated the crypto world as the largest and the most popular digital asset. This virtual currency has excluded itself from intermediaries and only allows peer-to-peer interactions. However, since the end of 2021 in November, the leading […]
Ripple price analysis: XRP/USD pair is trading at $0.61 with strong bearish preasure
Ripple price analysis is bearish today. XRP/USD set another lower high at $0.60 yesterday. Reaction higher seen overnight to $0.63. Ripple price analysis is bearish today. XRP/USD set another lower high at $0.60 yesterday. Reaction higher seen overnight to $0.63. Ripple continues to face strong resistance around the $0.60 level, with its price currently hovering just […]
Chainlink price analysis: LINK prepares to resume uptrend as it corrects at $11.23
Chainlink price analysis today shows the prices are starting to oscillate near the $11.23 handle as the bearish market sentiment weakens. The LINK/USD pair had a volatile trading session on Tuesday but managed to find some stability around the $11.23 level. The market is currently in a corrective phase after the recent sell-off from the […]
Tezos price analysis: XTZ prices consolidate around $2.56 amid bearish winds
The Tezos price analysis for today shows a negative market sentiment as the prices set a lower high of $2.59 and a lower low of $2.51. The market is currently trading between the two levels of support and resistance as it looks to establish a new direction. The market is preparing to test the support […]
Polkadot price analysis: DOT/USD prices dip to lows of $15.07 after a major price jump
TL;DR Breakdown Polkadot price analysis shows a bearish market trend DOT prices have dipped to the $15 level, down by 2.54 percent Support for Polkadot is seen at the $14.06 level Polkadot price analysis today shows a negative market sentiment whereby DOT prices have been forced down to lows of $15. This follows a significant […]
Cardano price analysis: Bearish sweep marks price movement below the $0.840 level
Cardano price analysis confirms a decreasing trend for cryptocurrency today as the coin value has degraded. The market has been following a bearish trend after 5 April 2022 as the trend line has been going downwards since then. Bullish efforts observed during this time were weak and could not sustain the bearish pressure. The same is […]
Argentina’s largest private banks now support crypto trading
In Argentina, cryptocurrency is not a legal currency, although it has been used as a regional standard in the cryptocurrency industry. To safeguard inflation and avoid restrictions on the export of foreign cash outside the country, Argentina quickly became an adopter of digital currencies. The two largest private banks in Argentina, Banco Garlicia and digital […]
Tezos price analysis: XTZ prices prepare to enter a bullish phase after a brief consolidation below $2.47
TL;DR Breakdown Tezos price analysis is bearish today XTZ prices are currently down by 0.96 percent Support for XTZ prices is present at the $2.4 level Today Tezos price analysis shows a negative market sentiment seen in the market after opening the daily trading session at $2.47. The market has been trading in a descending […]
Cardano price analysis: ADA gets support at $0.754
Cardano price analysis shows cryptocurrency price action is in the bullish direction for today. The price of ADA/USD is slowly increasing as it has now recovered to $0.774 after the bullish help arrived. However, the price trend line is still in the downwards direction, but today’s recovery is a positive sign for the buyers as the […]
ChainLink price analysis: LINK suffer price devaluation in the last 24 hours
The ChainLink price analysis for April 25, 2022, reveals the market following a bearish movement, obtaining significant negative momentum, signifying a loss of positivity for the LINK market. The price of ChainLink has remained negative over the past few hours. On April 24, 2022, the price crashed and went from $13.6 to $12.9. As a result, the market continued […]
Solana price analysis: SOL breaks below $93
Solana price analysis shows complete bearish momentum with room for further bearish activities. The bears rule the SOL market but are not likely to maintain their momentum as the market suffers a breakout, and SOL now expects a further devaluation in the coming days. As a result, the bears appear to show firm footing for now […]
India will allow commercial use of the RBI digital currency in 2023
India’s finance minister has indicated that the government is exploring several commercial use cases of its digital currency. The Reserve Bank of India (RBI) will issue a new digital currency labelled the ‘digital rupee’ by 2023. The Indian government wants to position its digital currency as a regulated alternative to cryptocurrencies in the country. According […]
Digital yuan: Chinese cities accept CBDC for tax payments
TL; DR Breakdown Cities in China accept CBDC for tax payments China set to test digital yuan at Asian Games Chinese cities airdrop digital yuan to residents The thought process behind creating Central Bank Digital Currencies is now rapidly being brought to life. Although most countries are still in the testing phase, it is only […]
ChainLink price analysis: LINK in an extreme downtrend
The ChainLink price analysis for May 1, 2022, reveals the market following a bearish movement, obtaining significant negative momentum, signifying a loss of positivity for the LINK market. The price of ChainLink has remained negative over the past few hours. On April 30, 2022, the price crashed and went from $12 to $10. As a result, the market regained […]
Blockchain And Crypto are Becoming Tools for Tracing Financial Theft
TL;DR Breakdown: The immutability of the blockchain renders concealing transactions difficult. Cryptocurrency is used as a tool by cybercriminals. 0.15 percent of crypto transactions in 2021 were involved with illegal activities. According to critics, crypto is a medium for money laundering. Cryptocurrencies can come in handy for fraudsters to hide the source of their money […]
Uniswap price analysis: UNI prices trade sideways as bulls try to hold the $8.20 handle
TL;DR Breakdown Uniswap price analysis is bullish UNI prices are currently trading above the $8.2 level Support for UNI/USD prices is present at $8.0 The Uniswap price analysis reveals that Uniswap prices have been trading sideways over the past few days as bulls move above $8.2. The token has seen some selling pressure around this […]
Tezos price analysis: XTZ prices consolidate around $2.56
The Tezos price analysis for today shows a negative market sentiment as the prices set a lower high of $2.59 and a lower low of $2.51. The market is currently trading between the two levels of support and resistance as it looks to establish a new direction. The market is preparing to test the support for more […]
Dogecoin price analysis: Dogecoin set to test the $0.15 resistance in the next 24 hours
TL;DR Breakdown Dogecoin price analysis is bullish today. Next, resistance is found at $0.15. The closest Support is at $0.10. Dogecoin price analysis is currently in a bullish trend as it is trading above the $0.10 level. The price has recently found support at the $0.12 level and is now starting to move higher. If […]
Avalanche price analysis: AVAX set to break above $70.5
TL;DR Breakdown Avalanche price analysis is bearish today. Strong resistance is present at $84.6. Avalanche trades for $70.5 as of now. Today’s Avalanche price analysis shows a partial bearish trend regaining momentum with additional room for bullish activities. AVAX/USD is currently trading at $70.5 and has been up 2.41% in the past 24 hours, with […]
Litecoin price analysis: LTC prices lose value at $100.88
TL;DR Breakdown Litecoin price analysis shows a bearish market trend LTC prices have seen support at the $97.8 level Litecoin prices are down by 3.08 percent The most recent Litecoin price analysis reaffirms a strong bearish trend in the market, with the price plummeting to its lowest point after 17 December 2020. The cryptocurrency is […]
Dogecoin price analysis: DOGE is expected to shoot above $1 soon
TL;DR Breakdown Dogecoin price analysis is bearish today. Closest resistance at $0.5. Support is found at $0.09. Dogecoin is currently trading at $0.0027 against the US dollar, down around 2% on the day. The meme-based cryptocurrency has been on a rollercoaster ride over the past few weeks, seeing its price soar to highs of $0.25 […]
Polkadot price analysis: DOT prices recover at the $17.14 level as bulls step up to the plate
TL;DR Breakdown Polkadot price analysis shows a bearish trend DOT/USD prices are currently trading above the $17 level Major support for DOT prices is set at $16.5 Today Polkadot price analysis shows a slight recovery towards the $17.0 level as DOT prices had fallen below the $17.0 level yesterday. The prices had lost the upward […]
Uniswap price analysis: UNI faces a massive sell-off as prices seek to break below $8.0
TL;DR Breakdown Uniswap price analysis shows a downtrend UNI prices have sought support at the $7.6 mark Uniswap prices have declined by 5.47 percent Uniswap price analysis recently shows a prevailing downtrend as the prices look to break below the $8.0 support level. The digital asset is presently changing hands at $8.22 after losing 5.47 […]
Ripple price analysis: XRP/USD seller’s dominance on the ripple market to continue for the next 24 hours
Ripple price analysis is bearish today, as the market has failed to retrace after continuing to consolidate above $0.75 throughout the day. As a result, we expect XRP/USD to drop even more early next week and complete the overall retracement. On the 4-hour Ripple price analysis chart, XRP/USD is currently trading below the $0.75 support […]
Solana price analysis: SOL prices retrace below the $105.0 key support
TL;DR Breakdown Solana price analysis is bearish SOL prices have dropped by 4.85 percent Sol prices are currently seeking support at the $99.0 level The Solana price analysis reveals a continuous downtrend that has seen SOL prices tear up 4.85 percent in the last 24 hours. The market has had a bleak month with prices shedding over […]
Vechain price analysis: VET/USD set to spike higher in the next 24 hours
TL;DR Breakdown VeChain price analysis is bearish today. The strongest resistance is present at $0.071. VET currently trades at $0.057. The VeChain price analysis shows that the price of VET/USD has followed a declining trend in the last 72 hours. The price has shifted towards an antagonistic movement, decreasing significantly, dropping from the $0.063 mark. The price […]
Dogecoin Price Analysis: DOGE/USD set to break below $0.13355 soon
TL;DR Breakdown Dogecoin price analysis appears to be bearish. The strongest resistance is present at $0.1626. The strongest support is present at $0.1355. Dogecoin price analysis indicates that the market is entering a bearish trend, with significant potential for reversal action. On April 6, 2022, the DOGE/USD exchange rate fell dramatically after experiencing a substantial […]
Dogecoin price analysis: DOGE/USD set to dip further in the next 24 hours
TL;DR Breakdown Dogecoin price analysis is bearish today. The strongest resistance is present at $0.1591. The key support levels to watch out for are $0.1352 and $0.1250. The Dogecoin price analysis appears to be bearish and a further decline can be expected if the price breaks below the $0.1450 level. The next support levels are likely to […]
Tezos price analysis: XTZ prices bearish for the next 24 hours
TL;DR Breakdown Tezos price analysis is bearish Support for XTZ prices is seen at $2.8 Tezos prices are currently trading at $3.00 Cryptocurrencies prices heatmap, source: Coin360 Tezos price analysis today shows a bearish market sentiment established after an intra-day high was reached at $3.17. The coin has since pulled back to the $3.00 level and is […]
Ripple price analysis: XRP continued lower, tests $0.70 support
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD saw a steady decline overnight. Support at $0.70 is almost reached. Ripple price analysis is bearish today as we have seen a steady decline reach further downside over the last few days. Therefore, XRP/USD should continue even lower and move past the $0.70 support next. Cryptocurrency heat […]
Tezos price analysis: XTZ prices bearish for the next 24 hours
TL;DR Breakdown Tezos price analysis is bearish Support for XTZ prices is seen at $2.8 Tezos prices are currently trading at $3.00 Tezos price analysis today shows a bearish market sentiment established after an intra-day high was reached at $3.17. The coin has since pulled back to the $3.00 level and is currently trading within […]
Polygon price analysis: MATIC prices surge by 1.0% amid bearish winds
TL;DR Breakdown Polygon price analysis is bullish today. Resistance for MATIC is currently at $1.5 The support is present at $1.30 Today’s Polygon price analysis indicates MATIC price is $1.46, with $920,277,392 USD in 24-hour trading volume. In the previous 24 hours, Polygon has gained 1.49 percent. Polygon’s market capitalization is currently at $11,374,355,844 and […]
Polkadot price analysis: DOT prices retrace as the market stalls around $18.24
TL; DR Breakdown Polkadot price analysis reveals a downtrend Support for DOT prices is seen at the $20.0 level Polkadot prices are down by 4.99 percent Polkadot price analysis for today reveals DOT prices have retraced from the highs set around $19.37 as the market stalls. The general market trend is bearish, and it may […]
Litecoin price analysis: LTC prices dip below $109 previous support, further downside seems likely
TL;DR Breakdown Litecoin price analysis is bearish LTC prices have seen major support at $106.30 Litecoin prices are currently trading at$108.31 Today Litecoin price analysis shows a downtrend for the cryptocurrency as it dips below the $109 key level. This marks a move away from the highs seen yesterday at around $114. The cryptocurrency has […]
Solana price analysis: SOL gains value at $110 and set to continue surging
TL;DR Breakdown Solana price analysis is bullish today. The strongest resistance is present at $134.4. Solana trading price is $108 as of now The Solana price analysis shows rising signs as the market shows massive upside potential. The bulls have regained their control of the Solana market, which will change the course of the market for the […]
Ripple price analysis: XRP/USD set to break above $0.7638
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD found support at $0.745 yesterday. Quick spike higher seen over the last hours. Ripple price analysis is bearish today, with the cryptocurrency finding support at $0.745 yesterday. Over the last few hours, a quick spike higher has been seen, with XRP/USD currently trading at around $0.765. The […]
The Apecoin price analysis: APE losses value at $15.31
TL;DR Breakdown Apecoin price analysis is bearish today The strongest resistance is present at $17.43. APE is currently trading at $15.3 Apecoin price analysis for today reveals a downtrend for Apecoin as it fluctuates between $14 and $16. The market has begun to enter a period of consolidation as the bulls and the bears battle […]
Largest German bank Commerzbank set to offer crypto services
TL; DR Breakdown Commerzbank, the largest bank in Germany, has applied for a cryptocurrency license. The German government gained support from Commerzbank in support of cryptocurrency. One of Germany’s largest banks has applied for a license to provide cryptocurrency custody services. According to the bank’s representative, Commerzbank “applied for the crypto custody license in the […]
