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Tag: News 1

AAVE V3 launch triggers a 40% rally in the token but will it sustain

One of the leading Decentralized Finance (DeFi) protocols on the planet AAVE last week expanded its horizon by introducing AAVE V3 to the world. The reaction to this launch has been exceptional to the extent where the Dapp brought back lost investors and pushed the altcoin beyond expectations. AAVE reaches Stage 3 AAVE V3 was […]

Ethereum: Here’s the counter-argument to ETH’s bullish price action

Ethereum’s price has recorded impressive gains over the past week. Now, that might look promising at first glance. However, this outlook couldn’t be further from the truth as on-chain metrics reveal the possibility of stunted growth for the cryptocurrency market’s favorite altcoin – ETH. Problems and hurdles stacked against ETH Despite rallying by roughly 21% […]

Ethereum Classic: Here’s what’s next after ETC’s 31% rally

This week has seen the most unexpected cryptos rallying on the charts, including the likes of ApeCoin, Origin Protocol, and now Ethereum Classic. For ETC, this has been the first and most significant, consistent hike since June 2021. In fact, the effect of May’s crash was so immense that the altcoin failed to recover its […]

How XRP’s next ‘test’ will set it up for the next week

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After its latest bullish rally, XRP broke out of its down-channel (yellow) and entered the $0.75 to $0.82 range. However, it still stayed below its 200 EMA (yellow), maintaining its long-term view as a downtrend. […]

Is buying Shiba Inu at a discount worth the risk in this market

Inflation has been sabotaging the disposable income of investors across the crypto board. Portfolio value has skunked for many. Especially those holding Shiba Inu. The year-to-date (YTD)  price action of SHIB has gulped investors into a panic. This to a point that many have started questioning whether the meme token is alive or dead? Meme […]

Uniswap all ready to kick-start its rally thanks to these reasons

Uniswap price has set up a perfect bottom reversal setup that suggests a shift in trend favoring the bulls. This pattern comes at a time when BTC is consolidating, giving the possibility of a bullish breakout more chances. Moreover, the on-chain metrics also support an optimistic outlook for the bottom reversal pattern. Run it back […]

Why Spook Inu’s near 100% crash is spooking everybody in the space

How many times can you survive a near complete devastation of the self? This might sound like a spiritual question, but it has a lot to do with crypto as well. Today, we’re talking about one meme coin in particular. Please don’t pet me, I bite Emerging sometime in mid February 2022, Spook Inu [SINU] […]

Plan B’s Bitcoin at $100k has been pushed back by around…

If Sherlock Holmes ever decided to solve a mystery within the crypto community, his first one might be the curious case of PlanB and the $100k Christmas of 2021 that never came. Now, as the first quarter of 2022 slowly comes to a close, let’s check on the pseudonymous creator’s Bitcoin stock-to-flow model to see […]

Axie Infinity, Zcash, Aave, Dash Price Analysis: 17 March

Axie Infinity, Zcash, Aave, Dash Price Analysis: 17 MarchAxie Infinity had a bullish outlook in the short-term as it sought to flip $49 to support, while Aave zoomed past local highs. Bitcoin’s near-term bullishness and efforts to break past the $40.8k region have pushed up altcoin values such as Dash as well. Zcash was also on a good run recently as its longer-term […]

A rally awaits for LINK thanks to these tailwinds

Chainlink has had a good week in terms of development. The team announced the Chainlink Spring 2022 Hackathon scheduled to begin from 22 April, along with a slew of other integrations. But what stood out was its price action which registered a strong growth today. Chainlink saved from another dip LINK was among the best […]

Will $20 resistance dash hopes of recovery for Polkadot in the months ahead

Polkadot: Is the downtrend slowing, or will the $20 mark dash bullish hopes once more?Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On lower timeframes, there was some indication on the charts in the past couple of weeks that Polkadot saw some compression in its price action. This could continue for a few days to come, before […]

Ethereum, Cosmos, Near Price Analysis: 16 March

As the king alt finally found a close above the $2,600-level, it jumped above its 20/50 EMA. Now, as it flashed a bullish edge on its technicals, it endeavored to challenge its reversal pattern on the 4-hour chart.  Cosmos faced a strong rejection of higher prices at the $27-mark while its 20 EMA continued to […]

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