Altcoin

Uniswap Resumes Downward After Retesting the $21 High

Sep 25, 2021 at 12:12 // News Uniswap's (UNI) price has continued to fall after dropping below its moving averages. Uniswap has fallen to the low of $18 and there is a tendency of further downward movement of the cryptocurrency. The price of UNI first broke the previous low at $21 and then retreated to retest it. The retest of the previous low suggests that the downward movement will continue. The altcoin will continue to fall to the low of $10. However, the cryptocurrency asset will first find support above

Polkadot Declines, Faces Stiff Resistance at the $34 Level

Sep 25, 2021 at 10:07 // News The price of Polkadot (DOT) has made impressive moves as the altcoin attempts to break above the $34 resistance zone. In the last 48 hours, buyers have retested the $34 level in an attempt to break it. The market will rally above $38 if the current resistance level is broken. However, if it is rejected, DOT will fall and resume its downward movement. Meanwhile, DOT/USD has fallen sharply to a low of $30.50 at press time. Buyers could not sustain the bullish momentum

Fake News Moves Market | This Week in Crypto – Sep 20, 2021

 Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin and a statue for Satoshi. These stories and more this week in crypto. A press release claimed early this week that Walmart had partnered with popular altcoin Litecoin. The news was widely celebrated by crypto fans, and the price of Litecoin along with the rest of the crypto market surged heavily in minutes. However, within an hour, both Walmart and the Litecoin Foundation denied any relationship, that news quickly crashing the market. The cryptocurrency-infused financial

Digital Gold v. Legos – Can just Bitcoin or Ethereum do it all

Bitcoin v. Ethereum – The elephant in the room of most Bitcoin and altcoin analyses. During a recent episode of the Unchained podcast, host Laura Shin let the author of The Bullish Case for Bitcoin, Vijay Boyapati, and Ethereum Foundation Researcher Justin Drake take a stab at the question. Needless to say, it was the latest chapter in the debate between Bitcoin and Ethereum maximalists. According to Boyapati, Bitcoin was right to give importance to backwards compatibility, when compared to changing protocols or issuance volumes – as Ethereum has done.

With a ‘ready to go’ ecosystem, does Polkadot have a shot at the $250-$350 range

Polkadot, the 8th largest token has been surging for a while now. Steady development and strong fundamentals significantly contributed to a rally toward a new all-time high ($49.80). Consider this plot- DOT is up 356% YTD. Source: CoinMarketCap Meanwhile, the flagship token witnessed a 256% recovery over the last 56 days, as per Trading View. Although the token, at press time is trading just shy of the $37 mark (down by almost 23% from its ATH)- different analysts remain bullish. For instance, crypto analyst Lark Davis took to Twitter to shed

Tezos, Binance Coin, Cosmos Price Analysis: 02 September

As Bitcoin and Ethereum secured fresh gains, the altcoin industry mimicked their price actions. Tezos, in the midst of developmental news about Golden Goals introducing NFTs on the altcoin, pictured gains while eyeing its immediate resistance level of $6.05. Binance Coin surged by 5.2% as it steered clear of the crucial support level of $460.42. Finally, Cosmos rallied by 7.3% as it prepared to retest its all-time high.  Tezos [XTZ] XTZ/USD, TradingView XTZ rose up on its charts after Bitcoin pushed against $50k. Over the last 24 hours, XTZ registered

MATIC, Solana, BAT Price Analysis: 02 September

Bitcoin’s foray above $50k impacted the altcoin industry positively. Altcoins such as MATIC and Solana kicked off recent rallies. Amidst MATIC’s scalability news, institutional investments hiked pushing the coin up by 8.8%. Solana eyed revisiting its all-time high of $125.95 with a 7% appreciation over the last 24 hours. Finally, BAT retested its one-week high in 8 days after hiking by 4.6%.  MATIC MATIC/USD, TradingView MATIC surged by 8.8% over the last 24 hours and was trading at $1.51. The crypto touched this price level for the second time in

The Altcoin Evolution – Part IV: The Challenges – The Sales Pitch

With the ever-changing landscape of tech development and crypto innovation, regulation tends to lag behind in order to have time to react to what’s happening. Many altcoin projects are currently growing exponentially as they are exploring largely untouched use cases. As the tech continues to proliferate and expand, more and more “problems” are arising that require solutions.  This obviously provides more space for viable contenders to occupy in a crowded market. This provides a robust growth argument for many altcoins, but there is a catch. The giant growth gains are

Why XRP’s recovery and rally would depend on bridging the fair value gap

XRP’s price action has kept investors and traders on the edge of their seats over the last month. The altcoin’s move from $1.9 to under $0.5 and then up to $1.35 has been a remarkable journey, to say the least. However, at the time of writing, XRP was down by 2.5% in 24 hours and 13% in one week. Is the time to shine over for XRP after more than 100% gains over the last month? Or will the altcoin reclaim its ATH levels?  High social anticipation  The social anticipation

Litecoin, IOTA, Dogecoin Price Analysis: 27 August

It has been a mixed trading day for the altcoin market despite Bitcoin breaking above $47k. Litecoin lost 2% of its value and was trading close to the $163.24 support line while IOTA declined by 5% and moved closer to the $0.795 price floor. Finally, Dogecoin flashed signs of consolidation with chances of a price reversal according to its technicals.  Litecoin [LTC] LTC/USD, TradingView Litecoin was trading at $169.49 after it lost 2% over the last 24 hours. The coin was trading close to the immediate support level of $163.24.

Uniswap Fluctuates in a Tight Range, Attempt to Break $30 High

Aug 21, 2021 at 11:00 // News Uniswap (UNI) loses its previous high as the altcoin picks up a new uptrend. UNI is approaching the $29.13 high at the time of writing. Uniswap (UNI) price long term forecast: bullish Uniswap price is rising to retest the $30 resistance level. It has peaked at $30 since August 11, but the bulls have been unable to sustain bullish momentum above the recent high. As a result, UNI fell to the previous low of $26.  Today, the altcoin is rebounding to reach the

Polkadot in a Sideways Move, Struggles Below $27 High

Aug 21, 2021 at 09:14 // News Polkadot's price has traded and retested the $27 price level twice. On the second retest, the price of DOT is fluctuating below the $27 resistance zone. The price consolidates above the $26 support and retests the resistance level. Traders believe that consolidation below a resistance level increases the chances of a breakout. Currently, a breakout is not possible as the altcoin is trading in overbought territory. The coin does not have enough room to move higher. Since August 7, DOT /USD has been