analysis

Five Biggest Altcoin Gainer Showcase — Sept 19-26

BeInCrypto breaks down the five biggest altcoin movers and shakers from the previous week. Will their momentum continue this week?Sponsored Sponsored The five altcoins that increased the most last week were:  Celer Network (CELR) : 96.76%COTI (COTI) : 47.74%XDC Network (XDC) : 40.08%Ren (REN) : 38.10%Terra (LUNA) : 21.34% CELR CELR has been increasing since breaking out from the $0.093 resistance area on Sept 15. While it deviated below the area (red circle) on Sept 21, it resumed its upward movement at an accelerated rate afterward. Sponsored Sponsored This led to an

Ethereum, Uniswap Price Analysis: September 27, 2021

By John Isige Published 8 hours ago Updated 6 hours ago Ethereum leads altcoins into recovery after rebounding from last week’s crash to the 100-day SMA. Uniswap gains 35% in 24 hours, testing the $25 hurdle after leaving support at $17.5 in the rearview. The crypto market is making a comeback in the green with a bang as the week takes off. Trading over the week mainly favored the bulls after they defended crucial support levels last Friday. Volatility shot up following news that China has revolutionized crackdown on crypto

Dogecoin Fluctuates Above $0.20 Support, Can Bears Resume Selling Pressure?

Sep 26, 2021 at 08:59 // News The price of Dogecoin (DOGE) has fallen over the past 24 hours. Since the bears have crossed below the moving averages, the selling pressure will continue to the downside. Today, the market has fallen to the low of $0.20 after retesting the high of 0.23. Further downside is possible to the lows of $0.165 or $0.18. The price of DOGE has already fallen into oversold territory. The altcoin will continue its upward movement if the market finds support above the low of $0.18.

Uniswap Resumes Downward After Retesting the $21 High

Sep 25, 2021 at 12:12 // News Uniswap's (UNI) price has continued to fall after dropping below its moving averages. Uniswap has fallen to the low of $18 and there is a tendency of further downward movement of the cryptocurrency. The price of UNI first broke the previous low at $21 and then retreated to retest it. The retest of the previous low suggests that the downward movement will continue. The altcoin will continue to fall to the low of $10. However, the cryptocurrency asset will first find support above

Polkadot Declines, Faces Stiff Resistance at the $34 Level

Sep 25, 2021 at 10:07 // News The price of Polkadot (DOT) has made impressive moves as the altcoin attempts to break above the $34 resistance zone. In the last 48 hours, buyers have retested the $34 level in an attempt to break it. The market will rally above $38 if the current resistance level is broken. However, if it is rejected, DOT will fall and resume its downward movement. Meanwhile, DOT/USD has fallen sharply to a low of $30.50 at press time. Buyers could not sustain the bullish momentum

Steve Cohen Invests in Crypto Trading Firm Radkl

The hedge fund magnate and owner of the New York Mets continues his support, vocally and financially, for the crypto industry. Sponsored Sponsored Cryptocurrency trading frim Radkl has secured a high-profile investor in Steve Cohen. Cohen has invested an undisclosed about of financial support for the new firm, which launched on Tuesday. According to the Wall Street Journal Cohen is investing with his personal assets rather than using capital from his Point72 Asset Management LP.  According to a spokesperson from Radkl, Cohen “won’t be involved in Radkl’s day-to-day operations.” The move

Cardano, Synthetix, VeChain Price Analysis: 07 September

Quite a few altcoins in the market experienced bearish momentum. The likes of Cardano, Synthetix and VeChain noted a decline on their respective charts. Cardano fell by 2.5% and was expecting to rest near its support zone of $2.49. Synthetix traded right above its support level of $12.49 and threatened to fall below it over immediate trading sessions. VeChain too, experienced loss while consolidating and was moving south towards its one-week price low of $0.124 Cardano (ADA) ADA/USD, TradingView ADA noted downward movement as it registered a 2.5% decline over

Gold, Stocks, and Bitcoin: Weekly Overview — September 3

This week’s price movements for Bitcoin (BTC), gold, and our stock picks, Visa and Coinbase.Sponsored Sponsored BTC Bitcoin seems to have fared middling-well over the past two weeks, as it achieved $50,000 again for the first time since May but seems to have met resistance at this point since then.  Trading around $45,000 on August 19, BTC then rose to $47,000 by the next day, $49,000 the day after that, finally surpassing the $50,000 mark on August 23. Having hit a target price point, BTC naturally met with selling pressure

Litecoin: Is it time for the market’s buyers to take a breather yet

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low. However, a resistance zone seemed to have the potential to trigger the next

Tezos, Binance Coin, Cosmos Price Analysis: 02 September

As Bitcoin and Ethereum secured fresh gains, the altcoin industry mimicked their price actions. Tezos, in the midst of developmental news about Golden Goals introducing NFTs on the altcoin, pictured gains while eyeing its immediate resistance level of $6.05. Binance Coin surged by 5.2% as it steered clear of the crucial support level of $460.42. Finally, Cosmos rallied by 7.3% as it prepared to retest its all-time high.  Tezos [XTZ] XTZ/USD, TradingView XTZ rose up on its charts after Bitcoin pushed against $50k. Over the last 24 hours, XTZ registered