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Altcoins

cryptocurrency February 5, 2022

As the broader sentiment deteriorated in the last 24 hours, Chainlink fell toward the $15.6-mark. Moreover, the king coin’s movement would be critical to ETH’s trajectory. Should the bulls dwindle, a test of $2,340 would not be of a surprise. On the other hand, MANA saw a bullish divergence with its 4-hour RSI.  Advertisements Ether […]

cryptocurrency February 3, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Since striking its ATH on 10 November, the king alt has been on a steep downtrend in the last 11 weeks. The descent saw a clash between the buyers and sellers at the $4,000-mark Point […]

cryptocurrency February 2, 2022

Ethereum‘s infrastructure for smart contract-based decentralized applications has so far been unmatched in the blockchain industry, primarily due to its first-mover advantage. However, this dominance has been waning significantly over the past couple of years with the emergence of several alternative layer 1 networks that offer similar features to Ethereum, often at a lower price […]

cryptocurrency February 1, 2022

The month of January has spooked the market amid a larger sell-off that has kept the sentiments damp. As per the latest CryptoCompare report, Bitcoin and Ethereum fell by 23.3% and 36.9%, respectively, during the month until 27 January. Advertisements The downward spiral of price Most of the tokens were trapped in a downward spiral […]

cryptocurrency January 28, 2022

Following the king coin’s footsteps, ETH oscillated in an up-channel (reversal pattern) whilst trying to retest the $2,550-level. Further, Dogecoin also formed a reversal pattern after displaying a decent recovery. But it lacked trend-altering volumes. Advertisements On the other hand, Waves saw a noteworthy breakout and pulled back from the $11-mark.  Ether (ETH) Source: TradingView, […]