Chainlink has been severely underperforming Bitcoin throughout the past few weeks, with the crypto remaining well below its 2020 highs despite Bitcoin’s strength Many altcoins have seen similar performance, as the proverbial ‘altseason’ that investors are watching for remains elusive The crypto has seen a notable rebound throughout the past …
Read More »Dangerous Dollar Fractal Could Bring Return Of Bear Phase To Bitcoin
Bitcoin is trading at over $20,000, but the start of what might be the first real correction since the uptrend first began could be forming. However, looking more closely at the DXY Dollar Currency Index, the leading cryptocurrency by market cap could be in for another extended bear phase if …
Read More »Chainlink Could Soon Rally Higher as Bulls Defend Key Trendline
Chainlink has seen some mixed price action over the past few days, with buyers and sellers both struggling to gain control of its mid-term trend as its price hovers within the mid-$12.00 region. This has long-been a consolidation channel for the cryptocurrency, with the resistance at $13.00 often proving to …
Read More »Chainlink Could be on the Cusp of Rocketing Higher as Strength Against BTC Grows
Chainlink has seen some mixed price action over the past few days and weeks, with sellers previously taking control of its price The cryptocurrency is now showing some signs of strength as the entire market begins to rebound and climb higher One trader believes that a move higher could be …
Read More »This Bitcoin Whale Trend Suggests a Serious Selloff Could be Imminent
It has been a rough past few days for Bitcoin, with the cryptocurrency seeing immense sell-side pressure as bears aim at erasing the gains that have come about as a result of the recent uptrend. Where the cryptocurrency trends next will depend largely on whether or not it sustained its …
Read More »Analyst: XRP Posts Failed Breakout as It Loses Its “Coil Power”
XRP has been caught in the throes of volatility as of late, with much of this greatly favoring bulls The crypto saw a parabolic upswing earlier this week that caused its price to multiply over the past few days This intense upswing has slowed down, and the lack of any …
Read More »Ethereum May Soon See “Open Skies” and Surge Towards $800, Claims Analyst
Ethereum, much like Bitcoin and the rest of the crypto market, has seen significant buy-side pressure throughout the past couple of weeks that has allowed it to post some massive gains. Its uptrend reached a boiling point last night when buyers sent its price rocketing up to highs of nearly …
Read More »Yearn.finance (YFI) Could Soon “Moon” as It Forms Highly Bullish Pattern
Yearn.finance’s YFI governance token has seen some immense volatility throughout the past few days and weeks, with buyers sending it rocketing over 100% from its recent lows while now attempting to hold it above a crucial resistance level. The selling pressure at this resistance had held strong throughout the past …
Read More »Bitcoin Tests Key Parabolic Trendline as Uptrend Shows Signs of Slowing
Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with a brief dip down to $15,700, while those panic shorting were then liquidated by a sharp rebound. This price action has allowed the cryptocurrency to begin inching higher and moving to retest …
Read More »Ethereum May Soon Help Altcoins to Rocket Higher; Here’s How
Ethereum and the aggregated cryptocurrency market have been consolidating for the past few days, with Bitcoin’s recent swing past $16,000 helping to provide a base of support for ETH and other altcoins. The crypto market’s ongoing uptrend is driven almost entirely by Bitcoin, but ETH and most other major altcoins …
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