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Tag Archives: Price Analysis

Crypto Price Analysis & Overview December 6th: Bitcoin, Ethereum, Ripple, Raven, and Matic

This week Bitcoin attempted to halt the previous bearish trend but failed to advance above the resistance at $7,800. The cryptocurrency has lost a total of 21% over the past month after it plummeted beneath the 100-days and 200-days EMAs in November.To break higher, we must see Bitcoin rising above the resistance at $7,800. If the bulls are successful in this, further resistance lies at $8,000 and $8,265. Alternatively, if the sellers bring the price below $7,400 and start to push the market...

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Enjin (ENJ) Surges 60% Following Partnership With Microsoft

Enjin Coin surged 60% today after a successful partnership announcement with Microsoft.ENJ broke above the 1000 SAT level and looks to continue.Enjin is now ranked as the 72nd top cryptocurrency with a market cap of $50 million.Enjin Partners Up With MicrosoftMicrosoft and Enjin have teamed up to create Azure Heroes – a project that rewards contributors to the community for posting content, creating demos, building sample code, and blogging about Azure.Creators are nominated and receive a...

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Tezos Spikes 8% As Binance Announces Zero-Fee XTZ Staking

Tezos is back on the bullish note after increasing with 8% and attempts to break the November highs.The cryptocurrency is holding strong above 0.00016 BTC against BTC.The move-up comes as Binance announced that its users can now stake XTZ and receive profits. Key Support & Resistance LevelsXTZ/USDSupport:  $1.23, $1.17, $1.12, and $1.00.Resistance: $1.34, $1.47, and  $1.56.XTZ/BTC:Support: 0.0001685 BTC, 0.000158 BTC, 0.000138 BTC, and 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195...

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Crypto Price Analysis & Overview November 29: Bitcoin, Ethereum, Ripple, Tron, and Matic

This week, Bitcoin saw a small correction from the previously seen bearish trend in November. The cryptocurrency managed to rise by a total of 7.67% to reach the current trading level of $7,768. Bitcoin has a long way to recover, and for this market to be considered bullish again, we would need to see the coin break above the November highs at $9,600. If Bitcoin was to drop back beneath $7,000, we could then consider the market as bearish. Bitcoin now faces initial resistance at $7,915. Above...

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Tezos Price Analysis: XTZ Up 52% In November, How Much Higher Can It Get?

SummaryTezos has been surging this month after increasing by 52% to reach the current price of $1.25.The momentum is certainly on the side of the buyers against Bitcoin.Tezos must pass a 7-month falling resistance line to be able to continue this bullish run higher.Key Support & Resistance LevelsXTZ/USDSupport:  $1.12, $1.06, $1.00.Resistance: $1.40, $1.44, $1.56.XTZ/BTC:Support: 0.000115 BTC, 0.00015 BTC, 0.000127 BTC.Resistance:  0.0001828 BTC, 0.000195 BTC, 0.000206 BTC Since our last...

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Tron Price Analysis: Following 6% Gains, TRX Is Close To Enter The Top 10 Cryptocurrencies

SummaryTRON saw a 6% price increase over the past 24 hours. The cryptocurrency is close to entering the top 10 projects by market cap, as it’s currently occupying the 11th spot. The cryptocurrency is looking promising against BTC as it attempts to break October highs.TRX is poised for a leg up as the technical indicators suggest bearish pressure is fading.Key Support & Resistance LevelsTRX/USDSupport: $0.0136, $0.0125, $0.0118,.Resistance: $0.01580, $0.018, $0.020.TRX/BTC:Support: 200...

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Ripple Recorded Today Its Lowest Price Since 2017: Can XRP Recover From Here? Analysis & Overview

XRP saw a steep price decline of around 5.15% over the past 24 hours and it currently trades at $0.22. During the day, the cryptocurrency dropped to as low as $0.19 creating a fresh low that hasn’t been seen for almost 2 years.Despite this, there are still some positive developments within the Ripple ecosystem. For example, Mercury FX, a global currency exchange provider, has recently announced its plans to expand the use of On-Demand Liquidity (formerly xRapid) – an XRP-based payment...

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Lonely In Green: Tezos Sees 35% Weekly Spike Against Bitcoin (XTZ Price Analysis)

Tezos saw a sharp increase of 16.66% over the past week and it currently trades at $1.33. More impressively. the cryptocurrency is up by 35% against Bitcoin. Over the past month, XTZ managed to gain more than 70% and it’s the best-performing altcoin amid this rather bearish market. Tezos is now ranked in the 14th position with a market cap of $903 million.Since our last analysis, Tezos fell below the 100-days EMA at $1.10 and continued to decrease to as low as $0.75 in October. However, after...

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Litecoin Price Analysis: LTC Fell Below $50, is $40 Next?

Litecoin saw a sharp price decline of around 12% over the past 24 hours and it currently trades at $46.34. LTC is now down by a total of 21% over the past week which is largely a result of Bitcoin dropping by 10% in a day. LTC remains the sixth-largest cryptocurrency with a market cap of $2.96 billion.LTC has plummetted pretty aggressively over the past 24 hours as it dropped below the support at $50 to reach the current support at $46.41. Litecoin has been on a bearish trend since late June...

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Binance Coin Price Analysis: BNB Saw A Weekly Loss Of 13%, Can It Remain Above $18?

Binance Coin saw a small price decline of around 0.48% over the past 24 hours and it currently trades at $18.34. However, the cryptocurrency is now down by about 13% over the past week and by 30% over the past 90 days, making it the weakest performing altcoin out of the top 10 projects.Binance Coin is now the eighth-largest cryptocurrency with a market cap of $2.88 billion.Since our previous analysis, BNB rolled over at the resistance provided by the 200-days EMA and started to fall. It...

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