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Although Bitcoin still can’t break above $10,000, nor can Ethereum overtake $250, Chainlink continues to set new record high after high. Even today, the crypto asset keeps raising the stakes on its all-time high.But as new highs are set, the price action has not only triggered but perfected a sell setup on monthly timeframes. Could…
XRP continues to sink, as does the stomachs of investors who have held the altcoin as a loss for over two years running.All that loss and suffering could soon come to an end, due to a number of signals that could indicate the asset has finally found a bottom.Remembering The Ups and Downs of Ripple…
XRP spent the last several years as the worst performer in the cryptocurrency market. And even though the altcoin has been beaten and battered, it has recently sunk even lower compared to Bitcoin and Ethereum.Why exactly is the altcoin commonly referred to as Ripple, so severely crippled and unable to gain positive momentum?XRP Underperformance Against…
In 2017 and 2018, thousands of entrepreneurs were attempting to launch their own crypto project to capitalize on the bubble-like conditions. Due to the mania, there are now over 5,000 digital assets listed on CoinMarketCap — and there are likely thousands of others that failed to make the cut.Unsurprisingly, not everyone is convinced that all…
Binance Coin has been consolidating within a narrow trading range. Its price action has been mostly contained between the $15 support level, and the $18 resistance over the past two months.From a technical perspective, the ongoing stagnation phase forced the Bollinger bands to squeeze BNB’s 1-day chart. Squeezes are indicative of periods of low volatility…
You can’t teach an old dog new tricks, but apparently, listing an older cryptocurrency on a new exchange can bring back memories of the cryptocurrency bull market that once was.An altcoin being listed on Binance has resulted in nearly a 100% intraday pump – something that hasn’t been seen since crypto prices and exuberance peaked…
Decentralized finance has been branded as one of Ethereum’s — and crypto’s — killer use cases over recent months. But from a dollar perspective, this market segment has not seen as much market penetration as its proponents would believe is “fair.”Yet while DeFi continues to gain steam as other blockchains seemingly stall, Ethereum and its…
Chainlink, the seemingly unstoppable superstar performer of the cryptocurrency market for nearly the last two years running, may be finally out of steam.According to the asset’s price parabola, the long-standing uptrend could be approaching its end. If and when the parabola does break, massive profit-taking could cut the altcoin’s valuation down to size.Chainlink’s Astronomical Rise…
Although most investors are keeping a close eye on Bitcoin, some crypto assets have been seeing extremely strong performances as of late.In the past day alone, more than a dozen altcoins in the top 100 cryptocurrencies are up more than 10%. This is a performance that strongly outpaces Bitcoin’s 1% gain and Ethereum’s 1.2% move…
The crypto asset known as Theta was the hottest altcoin in the space during May, but false rumors of a partnership with Google led to a strong selloff.The downside in the cryptocurrency looks to continue, as two highly accurate sell signals have triggered on weekly timeframes on both the USD and BTC trading pairs.Theta Pumps…