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Analysis

cryptocurrency January 8, 2022

Although the entire market has been facing a downtrend along with Ethereum, the altcoin king holders have surprisingly been in a better position when compared to other coins in the market. Advertisements Ethereum investors are safe? Indeed they are. The reason behind this is Ethereum’s quick recovery post a price fall. Other altcoins usually fail […]

cryptocurrency January 5, 2022

While the broader market struggled to ramp up a convincing rally to alter the bearish trend, Solana continued to show range-bound oscillation tendencies. Ethereum, however, crossed the $3,766-mark but still could not gather enough volumes. Advertisements On the Other hand, Chainlink’s near-term SMA crossed its 50-200 SMA, indicating a strong bullish vigor. Ethereum (ETH) TradingView, […]

cryptocurrency January 3, 2022

With Bitcoin wavering between $47,000-$48,000, the market has not yet been able to propel a strong recovery. Ethereum seemed to recover from an oversold position but struggled to gather enough volumes. Besides, Dogecoin consolidated in a range that offered the highest liquidity while flashing mixed signs. Advertisements Solana, on the other hand, headed to test the […]

cryptocurrency January 2, 2022

As Ethereum struggled to cross the $3,766 resistance, most alts found it difficult to sustain an uninterrupted rally. The overall sentiment still remained in the ‘fear’ zone. Advertisements While gathering hefty volumes was a substantial hurdle, SAND and NEAR exhibited an increasing bearish influence.  Ethereum (ETH) Advertisements Source: TradingView, ETH/USD Following a massive sell-off, ETH […]

cryptocurrency December 31, 2021

Key Takeaways Despite ever-stronger fundamentals, DeFi blue chips underperformed Ethereum by over 110%. The DeFi Pulse Index, a benchmark tracking the performance of 18 DeFi blue chips, has retraced over 55% from the all-time high price it made this year. Curve was the only blue chip protocol to outperform Ethereum in 2021, up over 900% […]

cryptocurrency December 31, 2021

As the crypto fear and greed index dipped into the ‘extreme fear’ zone, ETH and Dogecoin fell below their 20-50-200 SMA. Ether struggled to cross the $3,766-level while SAND looked at $5.4 as testing support.  Advertisements The overall near-term technicals for these cryptos were skewed towards the bears. Ethereum (ETH) Advertisements Source: TradingView, ETH/USD After […]

cryptocurrency December 29, 2021

As the crypto fear and greed index saw a 14 point plunge in the last 24 hours, the fear sentiment surged. Thus, on account of a broader sell-off, Ether and Filecoin dropped below their 20-50-200 SMA.  Advertisements The king altcoin lost the vital $4,000-mark while Terra lost the 23.6% Fibonacci support.  Ethereum (ETH) Advertisements Source: […]

cryptocurrency December 27, 2021

Key Takeaways Sushi has risen 17% amid rumors of an internal restructure. Daniele Sestagalli, a DeFi developer known for spearheading the “DeFi 2.0” wave, is rumored to be joining the project. Sushi has faced internal issues for several months. The SUSHI token has also trended down throughout the year. Share this article URL Copied Advertisements […]

cryptocurrency December 26, 2021

The last week marked a reasonable recovery while Ethereum and Chainlink poked their two-week highs on 24 December. Ethereum seemed to hold the $4,000 mark and now strove to test its immediate resistance. Advertisements SAND touched its three-week high on 26 December after forming a rising wedge (reversal) pattern. Ethereum (ETH) TradingView, ETH/USD Advertisements Over […]

cryptocurrency December 25, 2021

As Bitcoin re-enters the $51,000 zone, Ethereum crossed the $4000-mark again while Dogecoin managed to breach the 23.6% Fibonacci resistance. Also, MANA snapped off the $3.64-mark.  Advertisements However, the overall trend still needed to be supported with high volumes to confirm a strong reversal.   Ethereum (ETH) Advertisements Source: TradingView, ETH/USDT On its 4-hour chart, ETH […]