Weekly Cryptocurrency Market Analysis: Altcoins Face Sharp Declines as They May Resume Bottom Formation
Cryptocurrency markets have been facing heavy selling pressure since Monday, June 13. The altcoins listed below are the worst performing cryptocurrencies this week. Convex Finance and the other altcoins have…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Face Stiff Rejection at the Overhead Resistance
The cryptocurrencies below have picked up another round of selling pressure. The upside corrections led to further downside in altcoins. The resistance levels posed a challenge to the recovery of…
Read More »Ethereum Is in a Tight Range as It Is Prone to a Price Rebound or Breakout
Ethereum (ETH) is in a downward correction and fluctuating in a tight range below the moving averages. On May 30, bulls tried to break out above the 21-day line SMA…
Read More »Cardano Struggles below $0.70 High as It May Rally to $1.00
The price of Cardano (ADA) has made impressive moves as the altcoin breaks out above the 21-day line SMA and retests the 50-day line SMA. Buyers are on the verge…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Pause above Current Support, Battle the Next Resistance Levels
Cryptocurrencies are taking an upward correction as altcoins break out above the 21-day line SMA. Since May 31, cryptocurrencies have failed to break above the 50-day line SMA, hence the…
Read More »Polkadot Drops within Range Bound Zone as It Faces Rejection at $10.79
The price of Polkadot (DOT) has come under renewed selling pressure after being rejected at $10.79. The altcoin could have risen to the high of $12 if the resistance was…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Revisit Previous Lows, Resume Selling Pressure
The cryptocurrencies listed below are still deep in the downtrend zone. The bulls have failed to break the 21-day moving average line, hence the downtrend. The altcoins continue to face…
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WHAT CAUSE FLUCTUATIONS IN CRYPTOCURRENCIES PRICE AND WHAT IS CRYPTO TRADING?
Cryptocurrency is a digital currency that is not linked to any country or government. Instead, records of who owns what are held on computerised databases secured by strong cryptography using…
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☠️ ALTCOINS ARE DEAD! ☠️ Time for NEW Bear Market Crypto Strategy
Today we discuss altcoin strategies in the bear market
Read More »Chainlink Continues Selling Pressure as It May Find Support above $5.50
Chainlink (LINK) has continued its downward movement after the price regained the previous low at $5.50. On May 26, the bears broke below the current support at $6.56 as the…
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