consolidation

Solana’s growth has been more than organic, but here’s a word of caution

Source Node: https://ambcrypto.com/solanas-growth-has-been-more-than-organic-but-heres-a-word-of-caution/
Time Stamp: October 9, 2021 3:30 AM - Modified On: October 9, 2021 - Published By:
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The third quarter of the year was both exciting and nerve-wracking for most in the crypto-community. And, while both Bitcoin and Ethereum saw positive quarters, the big winners were actually newer protocols. In fact, a significant surge in smart contract platforms outpacing the larger market was noticeable with the rise of projects such as Solana, Avalanche, and Terra. All of the aforementioned gained by at least 300% on the charts.  Even though the Ethereum network had a burst of new user adoption, mostly due to the rapid rise of NFTs,

The correlation between Bitcoin and S&P 500 has these implications

Source Node: https://ambcrypto.com/the-correlation-between-bitcoin-and-the-sp-500-has-these-implications/
Time Stamp: September 15, 2021 10:30 PM - Modified On: September 15, 2021 - Published By:
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The on-going corrections being witnessed in the U.S. stock market has managed to fuel in fear amongst people from the crypto space too. Even though they represent completely different spectrums of the financial landscape, both the markets have historically, maintained an on-and-off relationship. Source: TradingView Altering dynamics Interestingly, both markets have witnessed major bull and bear phases in synchronization. Earlier in March this year it was proved that the crypto space is not immune from big crashes witnessed in the traditional financial world. Right after that in April, it was

Supply dynamics suggest Bitcoin can make a run for $100k if… 

Source Node: https://ambcrypto.com/supply-dynamics-suggest-bitcoin-can-make-a-run-for-100k-if/
Time Stamp: September 14, 2021 4:00 AM - Modified On: September 14, 2021 - Published By:
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Bitcoin’s upward trajectory, after getting interrupted by an 18% dip last week, was met with a lot of consolidation. However, as Bitcoin holders looked reluctant to sell-off at a crucial time amid anticipation of a price rise, on-chain metrics offered an interesting insight into the current market sentiment.  Some interesting divergences in BTC’s supply dynamics posed a complex question – Are they projecting bullish or bearish divergences? Ergo, to gauge bullish/bearish signals, it is imperative to weigh the same against market sentiments to understand the crypto’s price trajectory.  Post-halving blast

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

Source Node: https://ambcrypto.com/why-xrps-recovery-and-rally-would-depend-on-bridging-the-fair-value-gap/
Time Stamp: August 27, 2021 6:30 PM - Modified On: August 27, 2021 - Published By:
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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

Source Node: https://ambcrypto.com/litecoin-iota-dogecoin-price-analysis-27-august/
Time Stamp: August 27, 2021 2:00 PM - Modified On: August 27, 2021 - Published By:
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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.

Polkadot in a Sideways Move, Struggles Below $27 High

Source Node: https://coinidol.com/polkadot-27-high/
Time Stamp: August 21, 2021 5:14 AM - Modified On: August 21, 2021 - Published By:
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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

What you need to know about Bitcoin’s revival rally

Source Node: https://ambcrypto.com/what-you-need-to-know-about-bitcoins-revival-rally/
Time Stamp: August 16, 2021 2:00 PM - Modified On: August 16, 2021 - Published By:
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Even though an all-over bullish rally is still evident on the king coin’s one-day price chart, Bitcoin faced a major consolidation at the $47,250 level. The same raised concerns among investors about its rally. What Next At this point though, the good news is that Bitcoin is still rallying. But for BTC’s price to continue on this bullish path, it is imperative to assess circulating supply metrics to understand the future flow of the market.  Bitcoin has managed to climb above the $47K level after a short trip to the

Litecoin Retraces as It Reaches the Overbought Region at $170

Source Node: https://coinidol.com/litecoin-overbought-region-170/
Time Stamp: August 10, 2021 7:22 AM - Modified On: August 10, 2021 - Published By:
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Aug 10, 2021 at 11:22 // News Litecoin (LTC) has been trading in the overbought zone for the past 48 hours. Sellers have emerged to push prices lower. Litecoin is falling as it breaks below the 21-day line SMA. A break below the moving averages will force the altcoin to fall to the $154 low. At the $154 support, the altcoin will resume its upward movement if the support holds. Otherwise, selling pressure will resume and the price will fall to the low of $146. The uptrend will resume if

Polkadot, WAVES, VeChain Price Analysis: 05 August

Source Node: https://ambcrypto.com/polkadot-waves-vechain-price-analysis-05-august/
Time Stamp: August 5, 2021 8:30 AM - Modified On: August 5, 2021 - Published By:
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As bigger cryptocurrencies like Bitcoin and Ethereum recovered, altcoins mimicked the same movements. DOT was on its way to test its immediate resistance level. WAVES, however, still flashed signs of sideways price movement. Finally, VeChain gained by 4% overnight.  Polkadot [DOT] DOT/USD, TradingView DOT was trading around $18.74 at press time after it registered a 9.4% hike overnight. The altcoin, in case of a further upward push, will push beyond the $18.75-level and a dip could cause it to fall at $18 and then subsequently to $16.77.  Even on a

How profitable is Ethereum in the current market

Source Node: https://ambcrypto.com/how-profitable-is-ethereum-in-the-current-market/
Time Stamp: July 28, 2021 9:00 AM - Modified On: July 28, 2021 - Published By:
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The recent 34.4% rally Bitcoin achieved stabilized the market after almost a month of a consolidated downtrend and the rally also reflected on Ethereum. When it comes to altcoins it is assumed they follow Bitcoin’s lead thus at the moment they should be rising as well. However, while Ethereum did follow BTC and jumped in value, at the moment it seems to be hitting consolidation again. Which way is ETH headed? Ethereum back into consolidation After registering a 28.8% rise in the past week, on July 27, ETH started showing

Chainlink Price Up 3.54% To $19.319 – How To Buy LINK

Source Node: https://insidebitcoins.com/news/chainlink-price-up-3-54-to-19-319-how-to-buy-link
Time Stamp: July 27, 2021 5:14 PM - Modified On: July 27, 2021 - Published By:
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Chainlink is one of the top crypto projects in the industry. The blockchain platform enables the use of real-world data from off-chain sources. This way, a crypto protocol can gather information from data pools, application program interfaces (APIs), and several other sources aside from its on-chain data. This unique attribute has made Chainlink the go-to source for all blockchain platforms. Its LINK token has had a stellar year after increasing more than 300% from its entry price of $11.87 on Jan. 1 to $52.70 on May 10. This has been

Ethereum Price Analysis: ETH reached $2,200 overnight, bears ready to take over?

Source Node: https://www.cryptopolitan.com/ethereum-price-analysis-2021-07-25/
Time Stamp: July 25, 2021 9:15 AM - Modified On: July 25, 2021 - Published By:
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TL;DR Breakdown ETH continued to rally yesterday.Resistance found around $2,200.Market set to reverse today. Ethereum price analysis indicates bearish momentum to follow later today as the market has reached a $2,200 resistance level and rejected further upside overnight. Therefore, we expect ETH/USD to decline over the next few days and try to retest previous lows. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with mixed results over the last 24 hours after a strong rally was seen yesterday. Bitcoin is up by 1.22 percent, while Ethereum has declined by