BNB, the native token of Binance crypto exchange, extended its rally on Wednesday to hit its five-month high. The latest upside move came after Binance Launchpad announced its support for a $3 million IEO by the Sandbox Game. It flipped BNB above a crucial resistance level, with an analyst predicting a bullish continuation towards an…
Stellar (XLM) is trading in a bullish zone above the $0.1000 support zone against the US Dollar. XLM price is likely to accelerate towards $0.1200 or even higher if it stays above the $0.1000 support. There was a sharp downward move from the $0.1168 monthly high against the US dollar. The price found support near…
Ripple is trading with a minor bearish angle below $0.3020 against the US Dollar. XRP price must stay above $0.2850 to start a fresh increase in the near term. Ripple is declining steadily and it even broke the $0.3000 support zone against the US dollar. The price is currently testing the $0.2980 support zone and…
After months of consolidation, Bitcoin broke free from a tight, boring trading range and continued the uptrend that began in early April. Despite the cryptocurrency turning from bearish to bullish, a full break out into a new bull market won’t arrive until 2021. Here’s what past Bitcoin cycle data predicts for when the asset may…
VeChain has enjoyed an impressive bull rally thus far this year, despite the chaos caused by the ongoing pandemic. The VeChainThor technology continues to expand to a wide range of industries, providing solutions to real-world problems. For this reason, investors are seemingly giving VET their vote of confidence. This market behavior has been reflected in…
Bitcoin has seen an extremely strong performance over the past two weeks, even factoring in the Saturday flash crash that took BTC down $1,500. Despite this rally, Euro Pacific Capital chief executive Peter Schiff still thinks the cryptocurrency is still bearish. The prominent cryptocurrency critic commented on Twitter on August 2nd that BTC is still…
Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. Yesterday, however, bulls attempted to spark a fresh leg higher. They sent BTC to highs of $11,500 before losing their momentum. From here, it…
XTZ, the native token of Tezos – a multi-purpose blockchain, is looking to establish its quarter-to-date high, according to multiple analysts. Michaël van de Poppe, Jonathan Habicht, Karoush AK, amongst others see XTZ logging a bull run in the coming sessions. The analogy appears after XTZ/USD held strong support near $2.73 on multiple occasions. A…
Bitcoin price hit a year-to-date high at $12,134, notching a new milestone in a bull run that started in March 2020. The benchmark cryptocurrency, nevertheless, underwent a “flash crash” minutes after topping out. Its price fell towards $10,500, a support level that earlier served as resistance during the Bitcoin’s uptrend. Analysts at TradingShot.com now expects…
Chainlink has seen some volatile price action throughout the past couple of days, with its price oscillating between lows of $7.40 and highs of $8.80. This volatility has come as it decouples from the price action seen by Bitcoin and the aggregated crypto market – which, for the time being, is a positive technical development.…