Weekly Cryptocurrency Market Analysis: Altcoins Revisit Previous Lows as Sellers Resume Selling Pressure
Cryptocurrencies are down as altcoins rebound to their respective previous lows. Altcoins face rejection as buyers fail to keep the price above the overhead resistance levels.
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Rebound as Bulls Breach More Resistance Levels
Altcoins rally as they break out above the moving average lines. Cryptocurrencies have returned to their overbought regions after the rally. Further upside is likely as cryptocurrencies hold above the…
Read More »Chainlink Reaches the Oversold Region as It Holds Above $6.42
The price of Chainlink (LINK) has fallen and hit the low of $6.42. On August 19 price collapse, buyers stopped the decline as the altcoin corrected upward.
Read More »Uniswap Turns from the Recent High as It Revisits the Previous Low at $4.25
The price of Uniswap (UNI) is in a downtrend as the altcoin has fallen to a low of $6.07. The cryptocurrency will continue to decline as the price bars are…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins May Attract Buyers as the Markets Reach Oversold Regions
On August 17, cryptocurrencies experienced a meltdown as altcoins fell back to previous lows. The worst-performing cryptocurrencies risk further declines if current support levels are breached. Cryptocurrencies will continue another…
Read More »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 »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 »Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Black Hat hackers are actively exploiting the cryptocurrency industry and its vulnerabilities. In the second quarter of 2022, the total loss of crypto projects due to hacks and fraud amounted…
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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