Tag Archives: Altcoin Price Analysis

Alternative coins or altcoins have been slowly bleeding over the last two years. This is especially true for altcoins in their bitcoin (BTC) pairs. Many are down by over 90% from their all-time highs. Some mid-cap coins have even breached their historical support levels and are printing fresh lows on an almost daily basis. The drop was so deep that some retail traders had to cut their losses after months of HODLing. OrangeDog Tweet. | Source: TwitterFor experienced traders,...

Many traders have turned bearish on Ethereum way too soon, according to a leading technical strategist. | Source: Shutterstock Ethereum (ETH/USD) has gone through a corrective period over the last two months. Since posting a 2019 high of $363.30 on June 26th, the cryptocurrency lost more than 50% of its value. The sentiment has become so bearish that some traders...

Ethereum continues to languish against bitcoin. Here's what it needs to break the downward spiral. | Source: ShutterstockTo say that Ethereum is weakening against the king of cryptocurrencies would be a huge understatement. The ETH/BTC pair is down by nearly 50% year-to-date as it languishes in bear territory for 17 months and counting. The sentiment is so overwhelmingly bearish that some traders are happy to short the crypto pair.$ETH / $BTC 4Hethbtc short setup pic.twitter.com/2vH5M25M3W—...

Binance Coin has surged twice as fast as any other cryptocurrency over the past year, including bitcoin. Here's why BNB is leading the pack. | Source: REUTERS / Darrin Zammit LupiBinance Coin suffered one of its worst losses this year on May 7th after hackers took off with 7,000 bitcoins. The heist cost cryptocurrency exchange giant Binance a total of $40 million.Four months later, it appears that everyone has forgotten about the security breach. Binance is just as popular as ever, and its...