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Tag: News 1

Should investors wait for a 60% comeback of SAND amidst market capitulation

Sandbox price is fast approaching a vital support zone that is likely to absorb the incoming selling pressure and kick-start a bull rally. The bullish perspective for SAND is backed by on-chain metrics, suggesting a similar outlook. A brief yet bullish future Sandbox price has crashed roughly 68% in the past four months and is […]

Evaluating the potential of this bullish case for Dogecoin

Dogecoin (DOGE) oscillated between $0.3261 and $0.1456 for over nine months until the bears flipped the $0.1456-mark from support to resistance on 22 January. This bearish phase continued its trajectory in a down-channel (white). Now, with the price approaching its long-term support and forming a falling wedge (reversal pattern), DOGE could eye at a recovery […]

Bitcoin Cash, Tezos, Axie Infinity Price Analysis: 15 March

Bitcoin Cash, Tezos, Axie Infinity Price Analysis: 15 MarchThe crypto market has been trading sideways for the past week but has offered traders opportunities. Bitcoin Cash has not seen much demand recently, although the buyers managed to defend a level of support at $277. Tezos and Axie Infinity also showed a lack of near-term trends on their charts. Bitcoin Cash (BCH) Bitcoin Cash […]

To HODL or not, what do Stellar’s charts really say

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After testing its 20-month trendline support multiple times, the bears finally breached it in December last year. Since then, Stellar (XLM) has been on a swift decline between its southbound parallel channels (white).  Now, a […]

Cardano: Why Hoskinson thinks ‘we ain’t seen nothing yet on TVL’

Many are admittedly experiencing a crisis of faith when it comes to Cardano’s price performance and DeFi progression. To better get a grip on what’s going on, here’s what some ecosystem metrics reveal. ADA-lts in the room At press time, ADA was trading at $0.81, having risen by 1.97% over the past 24 hours while […]

Breakout or fallback – BAT may finally be gearing up for a decisive trend

After painfully enduring the bearish market for four months straight, it seems like Basic Attention Token is finally gearing up to declare its next step in terms of price action.  Basic Attention Token breaks the bearish trend Since the end of November, BAT has been stuck within a downtrend wedge. Furthermore, it has consistently been […]

Do Messari’s transaction volumes for Cardano tell us the whole story

Santiment, Glassnode, Nansen, Messari, DeFi Llama – which one do you like best for gathering data about crypto-assets and their metrics? While some minor differences in stats can be expected between these platforms due to diverse ways in which they measure blockchain data, one platform has come under the microscope for the way it is […]

Will Immutable X’s 58% rally save its new found investors from losses

In a surprising turn of events, Immutable X was seen charting gains in an unfavorable market. The ecosystem developments coming from the Layer-2 scalability protocol for NFTs on Ethereum certainly have had a hand in its growth. Immutable X over the week On 7 March, the L2 protocol announced their $200 million Series C Funding […]

The much anticipated Ethereum merge with the Beacon chain might occur in…

One of the world’s biggest blockchains Ethereum is testing a new way to approve transactions. It will be merging the existing Ethereum mainnet with the Beacon chain of the Ethereum 2.0 system. It is scheduled for launch in the second quarter of 2022. However, an exact date has not been disclosed. Logical month for the […]

As retail interest spikes, investors can expect NEAR to rally at least 28% only if…

NEAR price set up a triple tap setup, signaling a bottom reversal in the near future. The third tap has already led to a quick upswing, but the bulls have a long way to go. Interested investors can capitalize on this run-up. A textbook bottom reversal pattern NEAR price set up a swing low at […]

Dogecoin to the moon again? Anomalies point to an explosive move favoring…

Dogecoin price is showing signs that a massive move is on its way. Well, on-chain metrics are also pointing at a similar outcome. Upon close inspection, this move could most likely favor the bulls. Dogecoin’s time to shine Dogecoin price has dropped roughly 83% from its all-time high and is currently hovering around $0.11. From […]

Zcash: Will it break the market structure to allow for a buying opportunity at this level

Zcash appeared to have broken a three-month downtrend- what next?Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice One of the largest privacy coins in the ecosystem, Zcash appeared to experience a revival in interest as prices soared in the past few days. The number of active addresses on the chain nearly tripled […]

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