Uniswap Is in a Fresh Uptrend but May Face Rejection at $8.00
The price of Uniswap (UNI) is in a downtrend, but the cryptocurrency fell to a low of $5.71 on August 28. Last week, UNI was in an upward correction. Today,…
Read More »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 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…
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 »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…
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