The cryptocurrency market as a whole has been on a severe downturn of late. Considering the first half of 2022, this isn’t something new either. The market capitalization of the larger crypto-market has fallen by over 14% in the past week alone. And, recent CPI numbers from the U.S have been nothing short of aContinue reading “-12%, -8.3%, and -7.5% – Why Cardano, Solana, XRP were hit the hardest today”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The entire cryptocurrency market is still reeling following the crash triggered by Terra UST’s depegging fiasco. As explained in one of our earlier articles, even the flagship Bitcoin has been stuck in a narrowContinue reading “Ethereum: To buy or not to buy? The third point might save your portfolio”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin for almost the past month has been consolidating within a very limited range, roughly between $28k to $31k. The tragic fall after Terra UST’s depegging fiasco has hit every coin inContinue reading “How close are we to the end of Bitcoin’s [BTC] sluggish consolidation phase”

Loopring, the poster boy of scalable Ethereum-based solutions is having a tough time of late. Back towards the end of ‘Uptober’ 2021, LRC had rallied just shy of 1000% in a matter of two weeks. But since then, it has had a huge fall. It practically slid down a slope of valuations and is currentlyContinue reading “Is Loopring [LRC] beginning to show underlying strength despite…”

Bitfinex’s LEO token has become the talk of the town, quite literally. Especially ever since it became the latest entrant into the top 20 cryptocurrencies list. However, quite frankly, it didn’t reach here by its own merit. It just managed to somehow retain its value while the rest of the market around it has beenContinue reading “LEO: Why investors need to be wary of hype behind Bitfinex’s token”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The cryptocurrency market crash over the past few weeks has been brutal. In fact, none of the asset classes have survived the onslaught from the central bank interest rate hikes happening across the globe.Continue reading “How Bitcoin’s [BTC] consolidation phase can yield profits for traders”

Bitcoin price seems to have found its stable footing at $29,100 after a recent flash crash below it. This quick recovery and retest will be a testament to the bulls’ power and determine the next course of action for BTC. Bitcoin price to provide temporary gains Bitcoin price created a bearish continuation pattern known asContinue reading “Bitcoin [BTC]: Here are a few signals that point to a strong possibility of a recovery”

Shiba Inu price has dropped down to levels that were last seen in late September 2021 before the altcoin began its well-known exponential run-up to new highs. This massive crash comes at a time when the entire market is plagued with fear and where investors are panic selling their holdings in a frenzy. Shiba InuContinue reading “Shiba Inu: Why a near 35% crash might be on the cards for SHIB”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum price has been hovering inside a trading range since the sell-off in January. The recent downswing caused around the FOMC meeting on 4 and 5 May seems to have triggered a massive sell-offContinue reading “Important buy-the-dip levels for Ethereum price you should know”

Bitcoin price has continued its descent after breaching an extremely bearish continuation pattern. The recent sell-off seems to be happening after the FOMC meeting and suggests that is mainly driven by long-term holders that purchased BTC in 2021 and 2022. Bitcoin price in search of stable footing Bitcoin price has created a bearish continuation patternContinue reading “Bitcoin: How BTC’s recent crash has aggravated its chances of touching $20k”

Binance Coin price shows signs of an upward move as it recovers above a crucial support level. This potential upswing is likely to evolve into reality as Binance exchange has acquired a $500 million stake in Twitter. This news comes as Twitter’s board accepted Tesla CEO’s bid to buy the company at $44 billion. InvestorsContinue reading “Binance coin: Can Binance’s acquisition of a stake in Twitter trigger a run-up to $500”

Dogecoin price has been on an extensive downtrend since its all-time high in May 2021. As mentioned in previous articles, this corrective phase is a blessing in disguise since it has formed a popularly bullish setup that shows the promise of an upcoming bull rally for DOGE. Dogecoin price on the verge of breakout DogecoinContinue reading “As Dogecoin [DOGE] treads in the ‘opportunity zone’, is it a wise idea to go long”