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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☠️ 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…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Risk Fresh Decline as Bears Target Previous Lows
UST, WAVES, KDA, MKR and HNT are the lowest performing cryptocurrencies this week. Altcoins failed to sustain their recent rallies as they are rejected at their respective resistance levels. The…
Read More »Luna Plunges Deeply into an Oversold Region as Buyers and Sellers Remain Undecided
Luna Coin is in a downtrend as the cryptocurrency crashed to a low of $0.00000100 on May 13. Prior to the recent plunge, the altcoin has dropped significantly over the…
Read More »TerraUSD Falls Significantly as Bears Gain More Grounds
TerraUSD (UST) is in a downtrend as the altcoin fell sharply to a low of $0.050 but has recovered. Today, the altcoin is trading at $0.073 at press time. The…
Read More »Weekly Cryptocurrency Market Analysis: Altcoins Consolidate at Recent Supports but Are Unable to Rally
WAVES, FTM, NEAR, CRV and AVAX have dropped significantly to the bottom of the chart. The bears have the upper hand as prices continue to fall after each sell at…
Read More »Binance Coin Reaches Bearish Exhaustion but Holds Above $250
Binance Coin (BNB) price is in a downtrend as it has fallen to a low of $207 but has recovered above the $240 support. The cryptocurrency has reached bearish exhaustion…
Read More »Weekly Cryptocurrency Analysis: Altcoins Continue Consolidation While Cryptocurrencies Reach Oversold Regions
The undervalued altcoins have all fallen well below their moving averages. In other words, cryptocurrencies are trading in the bearish trend zone.
Read More »Polkadot Reaches Oversold Region and Takes Aim at $15 Low
The price of Polkadot (DOT) has come under renewed selling pressure after the altcoin fell below the previous low of $17.
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