Weekly Cryptocurrency Market Analysis: Altcoins Rise Steadily In A Bull Market

The cryptocurrencies described below are in a bull market as their price breaks through the overhead barrier.<br />

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Zilliqa staking rewards adjusted to reduce inflation

From January 16, 2024, staking rewards will begin to be reduced in line with the staking reward reduction proposal passed through a formal governance vote last year. Staking rewards are…

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Uniswap Is In A New Uptrend As Buyers Re-Enter Above $6.00

Uniswap (UNI) is currently trading in the bullish trend zone after the end of the initial uptrend.

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Weekly Cryptocurrency Market Analysis: Altcoins Regain Bullish Momentum but Fail to Break Recent High

Cryptocurrencies have regained bullish momentum after rising above their previous lows. The bullish momentum has stalled after breaking above the 21-day line SMA. Altcoins failed to continue their upward movement…

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Polkadot Declines Sharply Above $19 as It Resumes Sideways Move

After strong resistance at the high of $23, the price of Polkadot (DOT) has fallen into the bearish trend zone. Over the last four days, buyers have been trying hard…

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Polkadot Hovers above $18 Support as Buyers Fail to Breach the $23 High

The price of Polkadot (DOT) resumed its downward correction after the price fell below the moving averages. Today, the DOT price fell to the low of $17.

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Uniswap Reaches Bearish Exhaustion as Sellers Threaten to Short

Uniswap's (UNI) price has fallen to $19.58 low and pulled back. The downtrend has reached bearish exhaustion as buyers emerge in the oversold region. The current downturn has been ongoing…

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Bitcoin Breaks above $60,000 Support, Struggles to Resume Upside Momentum

BTC price has again broken above the $60,000 overhead resistance. This will be the second breakout within the past 48 hours. However, buyers are yet to sustain the bullish momentum…

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Ethereum Shows Positive Signs of Uptrend as It Attempts to Break $366 Resistance

In the last 24 hours, Ethereum has made impressive bullish moves as it rallies to $364 high. Presently, the market stands the chance for a further upward move after a…

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