Chainlink (LINK) has finally undergone some price weakness after a record-setting rally. The asset plunged 20% in the span of 30 minutes according to data from TradingView.com. The asset moved from just shy of its local highs at around $18.80 to a low of $14.50 in the span of that 30 minutes. The data suggests…
EOS has surged 15% in the past 24 hours, making it one of the best-performing cryptocurrencies in the top 20 aside from Chainlink. The cryptocurrency, with this latest rally, is reaching multi-week highs. While the ongoing move is still nascent, analysts think that EOS has fuel to surge even higher in the weeks ahead. The…
Stellar Lumens (XLM) has retraced against Bitcoin over recent days, failing to follow other leading altcoins higher. Indicators suggest the altcoin may soon outperform Bitcoin — a sentiment in line with those shared by crypto traders. Related Reading: “Rich Dad Poor Dad” Author: Bitcoin Could Soon Become the “Fastest Horse” Stellar Lumens Could Bounce Against Bitcoin…
Bitcoin and major altcoins have been breaking out all across the crypto space. Several other top altcoins across the top 100 by market cap also saw strong rallies, but a handful of top altcoins like Tron and Litecoin have lagged behind. Chart patterns had shown similar price action as other alts ahead of major breakouts,…
XRP’s recent rally has taken a pause, leaving crypto investors scratching their heads wondering which way the altcoin will turn next. Will it fall deeper into the throes of the bear market, or will the asset finally repeat the performance that took it to over $3.50 per token? If a strength measuring tool is any…
Matic Network (MATIC), a popular altcoin, has surged 9% in the past 24 hours. The asset’s strong price performance comes in spite of Bitcoin and Ethereum stagnating, giving altcoins the opportunity to break higher. While the ongoing move is nascent, analysts are optimistic about MATIC’s long-term price prospects. These analysts cite technical factors and the…
Chainlink (LINK) is ripping higher once again, despite a stagnation in the price of Bitcoin and other top cryptocurrencies. The altcoin is up 20% in the past 24 hours, surging as high as $18.40, a new all-time high price. LINK has since seen a slight retracement to $18 as there are some that are selling…
Following Bitcoin’s big breakout weeks ago, its never been easier to make money across the crypto market. The same is being said by JP Morgan analysts about the stock market, based on one key strategy. Could the same strategy the investment firm advocates for stocks also work well in the cryptocurrency space? JP Morgan: It’s…
While Bitcoin and Ethereum have stalled over the past 24 hours, Matic Network (MATIC) has broken out. The prominent altcoin, currently the 96th largest by market capitalization, is up 15% in the past 24 hours alone. This means the asset is outpacing BTC by 13.9% and ETH by 13.7%. Analysts expect more upside for the…
Multiple decentralized finance (DeFi) focused cryptocurrencies have seen parabolic performances in the past few days. This comes in spite of the fact that Bitcoin finally broke out on Monday morning, surging from the $11,700 it was holding at to $12,100 in a rapid rally. Analysts expect this interest in coins like Band Protocol (BAND), Balancer…