Tag: Altcoin News

Polkadot Price Prediction: DOT Eyes Breakout To $5 After Bouncing Off Key Support

Polkadot bounces off support at $4.2 as buyers regain control of the price. DOT/USD must clear the resistance at the 50 SMA for gains to $5.00 to materialize. Polkadot has lost more than 7% of its value in the last 24 hours, making it one of the biggest losers in the market. A recent recovery […]

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Ethereum Price Forecast: ETH Back To The Drawing Board As $370 Calls

Ethereum dives from highs above $400 to refresh support at $380. ETH/USD is mainly in the bears’ hands and could resume the downtrend to retest the 200 SMA. The smart contract giant has traded above $400 a couple of times this week. The initial time, ETH tested the resistance at $420 but retreated to $380. […]

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Only These Few Altcoins Have Managed to Keep up With Bitcoin

Bitcoin prices have surged to equal the 2019 high of $13,850 as it leaves its crypto brethren in the digital dust. Only a few altcoins have managed to keep up, and they seem to be related to the PayPal announcement according to one analyst. There is one clear driver of crypto market momentum at the […]

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Compound Technical Analysis: COMP Awaits Ultimate Liftoff To $125

Compound lifts off from recent lows above $92 to retest $120 before gaining ground to $125. Bulls are fully in control of the trend and likely to push the throttle forward to complete the remaining part of the journey to $125. Compound is one of the most-improved decentralized finance (DeFi) tokens in terms of price […]

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JPMorgan’s Native Cryptocurrency JPM Coin is Ready For Commercial Use, Execs Say

The long-awaited launch of investment giant, JPMorgan’s ‘JPM Coin’ is reportedly being used for the first time this week by a “large technology client” to execute payments commercially that is using it for round-the-clock cross-border payments. The company has, however, not yet disclosed the name of the major tech firm which will be leveraging the […]

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Yearn.finance Price Prediction: YFI Yearns For A Bottom, Breakdown Under $10,000 Seems Imminent?

Yearn finance attempts to build a breakout above the $13,000 support but hits a barrier at the 50 SMA. YFI/USD could resume the breakdown aiming for levels beneath $10,000 especially if the triangle support is shattered. Yearn.finance has lost a great deal of its value since it last hit the all-time high at $44,000. Despite […]

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Ethereum Price Forecast: ETH Thrusts Through $400 Resistance as $500 Calls

Ethereum price tops $400 since late September and extends the price action to $420. ETH/USD has a smooth ride to $500 but bulls must be aware of the minor hurdles likely at $440 and $480. The smart contract cryptocurrency has been on an upward roll since late September. Support embraced at $320 played a key […]

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Altcoins Lose Over $4 Billion In Market Cap As Bitcoin Bulls Take Charge

Over the last 24 hours, the altcoins’ market is in deep red with some top cryptocurrencies losing between 4-10%. As per the charts on CoinMarketCap, the altcoins have lost over $4 billion in combined market cap over the last 24 hours. Source: CoinMarketCap Among the top ten cryptocurrencies, Chainlink (LINK) has lost the most in […]

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Ethereum Price Forecast: ETH Loses Steam As Reversal Looms, Eyeing $340

Ethereum is hammering at the resistance highlighted by the ascending triangle and the $380 zone. A breakdown cannot be ruled out because of the formation of the triangle pattern. The smart contract token seems to have hit pause at $380 following a steady but gradual recovery from $360. Gains above $380 are required so that […]

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