Unlike the stock market, Bitcoin and the larger cryptocurrency market trade 24 hours a day. However, while investors can trade at any time, the price action isn’t equal or uniform at all times of the day. There are periods of high volatility followed by little or no price action. This process takes place every day,Continue reading “Bitcoin’s price and how U.S, Asian trading sessions affect it”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin’s price was forming lower highs on the charts, suggesting the end of an uptrend in the medium-to-long term. However, in this lower high set up, the price formed a bullish pattern. A bounce/closeContinue reading “Litecoin Price Analysis: 29 January”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum was valued at around $1,300 at press time, after dropping by 11% from its all-time high [ATH] of $1,476 on 25 January. Interestingly, the world’s largest altcoin might be due for more downwardContinue reading “Ethereum Price Analysis: 29 January”

Elon Musk, popular tech entrepreneur and Tesla CEO, is making waves yet again after he changed his Twitter bio to include “Bitcoin.” Right now, the said bio shares a distinct similarity with the one owned by Twitter CEO Jack Dorsey, who himself is a Bitcoin proponent. What is even more newsworthy, however, is the factContinue reading “Bitcoin pumps by 10% in minutes after Elon Musk’s bio update”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP was trading at $0.255 with a market cap of $11.6 billion, at press time. After the SEC’s lawsuit, the crypto’s price has remained more grounded than usual. Being unresponsive to this bull runContinue reading “XRP Price Analysis: 28 January”

Institutional investors are clearly interested in cryptocurrencies. This is evidenced by the fact that institutional money is drying up the sell-side liquidity, pushing Bitcoin prices higher. However, it won’t be long before these investors get a taste for the volatility and superior returns that Bitcoin and the cryptocurrency markets offer. Hence, it will only beContinue reading “What happens to Chainlink’s price if Grayscale lists it?”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano’s price seemed bullish over the medium to longer timeframes. However, switching to a lower timeframe of 1-hour highlighted the opposite. Although ADA was stuck inside a bearish pattern, a bullish breakout can beContinue reading “Cardano Price Analysis: 28 January”

UPDATE: The price of the meme cryptocurrency was on a rise since the developments that occurred on Thursday, pushing its price well above $0.02 to hit a new all-time high. The Reddit community WallStreetBets’ drama with main street hedge funds has now permeated the cryptocurrency sector with Dogecoin’s price pumping by 90% in a matterContinue reading “Dogecoin pumps by 90% amid WallStreetBets drama”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink’s price was highlighting the promise of a surge, one that could range anywhere between 18% to 40% over the next month. This surge will be pivotal to the project’s prospective listing by theContinue reading “Chainlink Price Analysis: 27 January”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin‘s price was noting consolidation around its press time price of $31,500, although it did breach lower from its bearish pattern on the charts. From the looks of it, BTC seemed to be headingContinue reading “Bitcoin Price Analysis: 27 January”

Bitcoin‘s price might due for another correction after CryptoQuant’s Exchange Whale Ratio hit 0.87, a level last seen when BTC dipped to its yearly open at $28,956. While Bitcoin did see a surge yesterday as the price pumped to $34,800, the surge was met by holders waiting to sell their BTC. This sell-off is gettingContinue reading “Bitcoin: Another reason why it’s due for a correction”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero’s price was hovering just above the lower trendline of a bearish pattern at press time, with the crypto anticipating a bounce higher. A successful bounce could push the privacy coin’s price up byContinue reading “Monero Price Analysis: 26 January”