Weekly Cryptocurrency Market Analysis: Altcoins in Downward Correction as They Move Close to a Price Rebound
The altcoins listed below are in a downward correction as cryptocurrencies fluctuate below their moving average lines. In other words, they risk further decline while facing rejection at the 21-day…
Read More »Altcoin Apocalypse: How to Safely Profit from Crypto Aftermath with PrimeXBT
Altcoin season is long over before it ever truly started. Unlike previous cryptocurrency bull markets, the crypto industry only saw a handful of mega performers.
Read More »Ethereum Rebounds and Breaks $1,280 Resistance as Its Eyes the $2,013 High
Ethereum (ETH) has risen above its moving average lines. In other words, the largest altcoin is trading in the bullish trend zone.
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Face Rejections at Recent Rallies, and May Attract Buyers at Lower Levels
BAT, ATOM, XEC, ENJ, and Kava sink to their respective lows as altcoins face rejection on their respective rallies. The 21-day line SMA has put the brakes on any further…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Extend Their Recovery as They Attract Buying at Lower Levels
GNT, ICP, and MATIC have been exceptionally positive as cryptocurrencies trade in bullish trend zones. Altcoins are still dealing with selling pressure as they consolidate above moving average lines. AAVE…
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Read More »Weekly Cryptocurrency Market Analysis: Altcoins Resume Downtrend as Cryptos Attract Buyers at Lower Price Levels
The worst-performing altcoins have failed to hold their previous support levels as cryptos have fallen below their moving average lines. The downtrend has eased as some high-profile cryptocurrencies have resumed…
Read More »Polkadot Is in a Tight Range As It Risks Decline to $4.23 Low
Polkadot (DOT) is in a downtrend and has fallen to a low of $6.53. On June 25, the upward correction was staved off at the 21-day line SMA. This caused…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Revisit Previous Lows As Selling Pressure Resumes
Altcoins are in a downtrend as the price falls below the moving averages. Recent recoveries have all been staved off as cryptocurrencies face renewed selling pressure. Some of the altcoins…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins in Recent Rallies as Bulls Continue to Purchase on Dips
Cryptocurrencies are making positive moves as altcoins break out above 21-day moving average lines. However, demand is drying up at higher price levels. Bears are relentless as they sell on…
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