Cardano Reached Its Bottom, 3 Ways It Can Recover: Crypto Market Review, September 20

2022-9-20 17:59

Altcoins are showing some strength against first cryptocurrency

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STEPN (GMT) Struggles To Hit $1, Is The Price Running Out Of Steam?

STEPN (GMT) has struggled to show its move in recent months after ranking as the top gainer for several weeks against tether (USDT). The price of STEPN has struggled to rally to $1 despite the market seeing relief bounces across the market, with many altcoins producing double-digit gains, with the price of STEPN (GMT) showing little or no steam left for a major rally.

2022-9-16 01:40


TA- The Price Of Axie Infinity Struggles Despite Crypto Relief Rally

The price of Axie Infinity (AXS) has struggled recently with a few bullish signs against Tether (USDT) despite market sentiments around the project. As a result of the “Merge” sentiments, this has led to many altcoins showing relief rallies and newer altcoins making all-time highs; the price of Axie Infinity has struggled to rally despite many expectations on AXS holders.

2022-8-14 23:41


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Ethereum is Showing “Exceptional Signs of Strength” as Bulls Defend Crucial Level

Ethereum has been holding up somewhat well as of late despite the weakness seen across the aggregated crypto sphere Bitcoin’s slide to $30,000 has caused most major altcoins to tank, with ETH struggling to maintain the massive momentum it built over the past week Because BTC is firmly leading the markets for the time being, […]

2021-1-28 19:00


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Analyst: Ethereum Likely to Begin Outperforming Bitcoin as Strength Mounts

A trend of underperformance against Bitcoin has plagued Ethereum as of late, which has caused buyers to show signs of capitulation Where the ETH trends in the mid-term should depend largely, if not entirely, on whether or not BTC continues rising in isolations Bitcoin’s massive rise as of late has not done much to boost altcoins, as many are still showing signs of weakness at the moment This weakness has been apparent while looking towards […]

2020-12-24 01:00


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Altcoins are About to See a “Capital Rotation” Event as Bitcoin Rally Heats Up

Altcoins are currently lagging far behind Bitcoin, which is in the process of showing the markets why it is king The benchmark cryptocurrency’s rally has provided tailwinds for other altcoins, but they have yet to reach parity with the momentum currently being seen by BTC One trader spoke about this in a recent tweet, explaining that he is now watching for there to be a capital rotation event out of Bitcoin and into altcoins He […]

2020-12-18 01:00


Why This Trader is Optimistic That Ethereum Will Spark a Massive Altcoin Rally

Altcoins have been closely tracking Bitcoin and Ethereum’s price action as of late, which is a positive sign showing just how far the markets have come over the past few weeks. While in the past, Bitcoin rallies occurred independently from the rest of the market, with altcoins trailing it or rallying during consolidation phases, the […]

2020-12-1 02:00


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Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level

Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […]

2020-11-21 23:00


This Indicator Shows Ethereum is Structurally Similar to Where BTC Was in 2016

Bitcoin and the aggregated cryptocurrency market have been leading altcoins higher, with Ethereum showing some immense signs of strength as it once again breaks $470 The broader crypto market is getting stronger, as altcoins are now rallying in tandem with BTC or closely following it If this trend persists, then investor sentiment and risk appetite may continue growing, leading more investors to rotate capital into higher beta assets This possibility is already coming to fruition, […]

2020-11-14 23:00


Analyst: DeFi Assets Likely to “Nuke” 50%+ if Bitcoin Doesn’t Moon

Bitcoin has been consolidating throughout the past few days while altcoins continue losing value This trend has been well-defined throughout the past few weeks, showing that investors and traders alike are all currently focused on the benchmark cryptocurrency Although many analysts expect there to be some sort of capital rotation event out of BTC and into altcoins at some point, it’s unclear when this may take place DeFi assets have been hit the hardest by […]

2020-11-1 19:00


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Analyst: Altcoin Downside Extremely Limited as Bitcoin Remains Stable

Bitcoin has been stable in the time following its $13,800 rejection, with bulls gaining some momentum as the cryptocurrency flashes continued signs of strength Although it is not showing any overt signs of weakness at the moment, altcoins have been capitulating throughout the past few days and weeks, with many posting immense losses Analysts are now noting that altcoins may be in the process of forming mid-term bottoms One trader is noting that downside on […]

2020-10-31 21:00


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Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff

Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to ETH’s Renko chart with a Guppy indicator, noting that it appears to […]

2020-10-21 23:00


Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher

Bitcoin has been able to stabilize over $9,300 following the upswing seen yesterday This is the first time the crypto has been able to hold over this price level for an extended period in many weeks The aggregated market is showing some signs of strength, as the downturn seen yesterday was erased by many individual altcoins \One analyst is now noting that there are several factors currently playing into Bitcoin’s favor He notes that the […]

2020-7-23 21:00


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Cardano (ADA) is Flashing Bearish Signs as Rally Stalls; Factors to Consider

Cardano (ADA) has been one of the best performing top altcoins seen throughout 2020, only trailing the gains posted by Chainlink and Tezos The crypto has been seeing heightened momentum in recent weeks due to the launch of the highly anticipated Shelley mainnet upgrade This update’s rollout coupled with a few positive news developments have bolstered its buyers Despite showing signs of overt strength, ADA is currently pushing up against a significant resistance level This has […]

2020-7-5 22:00


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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190

Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […]

2020-5-23 23:00


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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”

Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […]

2020-5-8 02:00