It has been a while since Cardano’s price rallied. Way back in September, it peaked at $3.101. Post that, however, things have only gone downhill for this altcoin. Towards mid-September, ADA’s price entered a symmetrical triangle on the charts. And, by mid-October, it broke below the lower support line to continue its extended downtrend. AfterContinue reading “Cardano, its downtrend, and what can stop it”

The DeFi’s market movement has been quite dismal over the past few weeks. Right from MKR, AAVE, and COMP to UNI, SUSHI, and YFI, almost all the top tokens from this space have been incurring losses. Amidst the larger downtrend or ‘winter’ phase going on, the aggregate value locked in DeFi slipped to $85 billionContinue reading “Is Ethereum in any position to trigger a DeFi summer right now”

The crypto-market has subjected itself to quite a few strong corrections since the beginning of this month. Notably, the one witnessed on 4 December was the deepest. On that day, most large-cap coins saw their market caps registering losses of 20%-30%. XRP, the market’s eighth-largest crypto, was no exception to the aforementioned correction phase. OnContinue reading “Assessing the odds of a possible XRP breakout towards $1”

Uniswap is one of the most well-renowned names in the DeFi space. It as such plays a dual role, as both a cryptocurrency [UNI] and and a decentralized exchange [DEX]. Based on the Ethereum blockchain, Uniswap allows anyone to swap ERC20 tokens. And over time, the underlying token has witnessed its own fair share ofContinue reading “Uniswap on its way to a bright future thanks to these factors backing its growth”

Volatility is the name of the game in the crypto-verse. Over the years, tokens have seen unconventional price fluctuations in short spans of time. While a few market participants have been able to make profits and capitalize on the same, most others choose to remain cautious and stay away from the market during such periods. Now, among theContinue reading “Solana’s price is expected to head in this direction in the next 24-hours”

2021 has been an action-packed year for Graph token. The current 51st largest crypto by capitalization, begun its northward journey in the mid-of January earlier this year. At that point in time, its price was hovering around the $0.2 mark. The next couple of weeks were quite lively, and by 12 February, this token createdContinue reading “Why this token is likely a great long-term pick for investors”

10 December was quite a gloomy day for the crypto market. Almost all the coins had registered losses and were seen trading in the red. Fast-forward, 24-hours later, the market is still recovering from the dip’s after-effects. In fact, at the time of this analysis, the global crypto market cap merely reflected a value ofContinue reading “NEAR performs better than Solana on this front, holders have nothing to worry about”

Friday started off on quite a pessimistic note. It was more like a ‘don’t check your portfolio’ kind of day. Along side Bitcoin and Ethereum, tokens from almost all the categories took the fall. Meta-tokens were no exceptions to the broader dump. In fact, their wounds seemed to be deeper than most coins. While topContinue reading “How next few days could pan out for SAND, what to expect”

It’s time for yet another options expiry, and the Ethereum market this time too stands divided. Given the chaotic state of the broader market, traders from both the sides of the spectrum have their own set of reasons to be biased at this point. ETH’s price has been going downhill for more than a weekContinue reading “Why Ethereum MUST stay above $4k for the next 48 hours, at least”

December’s bearish streak, yet again, decided to prolong its stay in the crypto market. The past day has been quite devastating for most of the coins. Barring a few exceptions, almost all of the large, mid, and small-cap coins were trading in red during the early hours of Friday. The broader dip, to a fairContinue reading “Here’s what to expect from Bitcoin over the next few hours”

The past few weeks have been nothing less than a roller coaster ride for Fantom. Since October, every uptrend has more or less been followed by a downtrend and vice versa. However, this time around, things have been a little different. December has been quite merciless to most of the coins. FTM, in effect, wasn’tContinue reading “Fantom may be looking at an uphill climb in the near-term; here’s why”

The year 2021 has been quite phenomenal for Axie Infinity. On 1 January, this gaming token was merely valued at half a dollar. Fast forward to December, AXS has appreciated by more than 250 times. The initial few days of every month have been quite intriguing for Axie of late. For instance, on 4 SeptemberContinue reading “Will Axie Infinity’s fundamental demand aid its stride to the top on its price chart”