Cryptocurrency Market Analysis: 5 Biggest Losers of February, 2021
It looks like February was a bullish month for most of the top 100 cryptocurrencies in the market. In the past 30 days, out of 100 top coins, there are…
Read More »Russian Is Cautious About Cryptocurrency; Prefers Centralized CBDC
The digitalisation of the financial industry and the economy at large as well as the development of fintech increased public demand for cryptocurrency and advanced payment methods in Russia. However,…
Read More »Dogecoin Declines to $0.050 Support, Resumes Range-bound Movement Between $0.050 and $0.060
Dogecoin has been in a downward move after attaining a peak price of $0.0888. After rejection from the recent high, the coin fell to $0.0505 low as price corrected upward….
Read More »Ripple Shows Sign of Strength as It Attempts to Break the Resistance at $0.50
Following the recent breakdown, the XRP price corrected upward but the uptrend was repelled at the $0.50 high. The altcoin resumed a downward move as a result of the resistance.
Read More »Bitcoin Consolidates Above $45,000 Support, Struggles to Sustain Above $52,000 High
Yesterday, Bitcoin rebounded above the $45,000 support and rallied above the $50,000 high. Buyers are still struggling to push the price to the previous highs. In the previous price action,…
Read More »Bitcoin Cash Hovers above $500, Amidst Bullish Expectation
Bitcoin Cash has pulled above the $500 support and attempts to resume an upward move. Today, the upward move is facing some resistance as the altcoin resumes a range-bound movement…
Read More »Litecoin in a Downward Correction, Can Bulls Reverse the Downturn?
Litecoin plunged to $155 low after the bulls were unable to sustain above the $240 high. Initially, the altcoin fell to $180 low and pulled back. The pullback was overridden…
Read More »Ripple Breaks above $0.55 High as Sellers Threaten to Short
Ripple has been in a downward move since February 13, after its rejection twice from the $0.65 overhead resistance. After finding support above $0.50, the market moved up to $0.57…
Read More »Litecoin Bulls Sustain Recent Rallies but Struggle to Break $230 Resistance
For the past week, Litecoin attained a peak price of $230 and a further upward move resulted in a downward correction. Buyers have made concerted efforts to push LTC’s price…
Read More »3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Many countries are shifting towards introducing their own state-backed digital currencies. Central banks are exploring the potential of CBDCs. But is this effort really a good move on the rest…
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