Crypto analysts use different tactics to try and predict future price movements in Bitcoin and altcoins. Due to the speculative nature of the emerging asset class, the study of emotion-driven impulses and corrections – called Elliott Wave Theory – can be particularly insightful.According to one crypto analyst that focuses solely on the practice of Elliott…
The cryptocurrency known as Stellar has been a relatively poor performer over the last several years, however, throughout 2020 the once-booming altcoin has been showing signs of a strong recovery.Now, the asset has printed a TD9 on daily price charts, following an over 10% intraday rally. Is this a sign that an altcoin season may…
The crypto altcoin asset known as Stellar, or XLM, was among the worst performers during the bear market.However, a powerful fractal found on the asset’s price chart could show just how epic the next crypto bull market can be.Bitcoin Halving Triggered Massive Crypto Upsurge and Alt-Season Last CycleIn late July 2016, Bitcoin had its second-ever…
Stellar (XLM) has seen some notable underperformance of Bitcoin and the aggregated crypto market throughout 2019 and even 2020, largely being caught within an extended bout of sideways trading.Analysts are now noting that the crypto just broke above an important technical level that it has been caught beneath for many years, with the movement past…
Bitcoin and the rest of the cryptocurrency space is currently a sea of green after today’s rally added over $20 billion in market cap to the total cryptocurrency market.In less than 24 hours, the total market cap across all cryptocurrencies combined, grew by over 10% thanks to a massive surge from Bitcoin and continued growth…
Stellar Lumens’ native cryptocurrency, XLM, hit a fresh local high, up more than 190 percent in just one month.The extraordinary price rally lacks concrete market fundamentals and relies more on macro crypto trends.XLM reversed after testing a long-term resistance area, hinting it could extend its pullback move as investors shift their focus on Bitcoin ahead…
The altcoin known as Stellar, or XLM, has stood strongly alongside XRP as two of the worst-performing cryptocurrency assets of the last few years.But the asset’s woes could soon be turning around after a significant rally aginst Bitcoin took place right under investors noses. Is this another sucker’s rally, or is Stellar about to finally…
Earlier at the start of the year, the altcoin market broke through downtrend resistance spanning two years of crypto winter. The breakout caused an explosive rally that caused many crypto assets to double in value in just two months’ time. However, trading volume has only increased during the recent selloff, reaching a new all-time high…
A lot of proponents of so-called altcoins make a big deal about their favourite crypto project’s superiority to Bitcoin. Networks like BSV, BCH, and XRP have been especially tailored towards their associated assets’ use as a medium of exchange.Being distributed and largely pseudonymous, actual usage of a cryptocurrency is difficult to assess. One metric that…
Despite seeing a year of consistent losses and heavy selling pressure in 2019, the new year has been great for XRP so far, with the crypto posting massive gains alongside its competitor Stellar Lumens (XLM).XRP’s recent bullishness, however, may actually be a sign that XLM is about to see significantly further upside, with one analyst…