Altcoins

Shiba Inu (SHIB/USD) Stuck Below $0.00003100 – Price Analysis

Shiba Inu (SHIB/USD) Stuck Below $0.00003100 – Price Analysis

SHIB price analysis displays bullishness today. Massive resistance sits at $0.00003597. Shiba Inu's critical support is $0.00002961. Shiba Inu (SHIB) token seems to join a bull market with slight reversal chances. Indeed, bears dominated the meme coin over the last few weeks. However, bulls stepped up vigorously, recapturing the market. Now, market players wait to see whether SHIB will keep the upward momentum. Yesterday's price actions saw Shiba Inu on positive moves, rising from $0.00003094 to $0.00003069. On 15 January 2022, SHIB's price fluctuated near the $0.00003100 level. The canine-themed crypto seemed to keep the momentum today, wavering around $0.00003071…
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Decentraland (MANA) Encounters Resistance Confluence, Eyeing 15% Upsurge

Decentraland (MANA) Encounters Resistance Confluence, Eyeing 15% Upsurge

MANA price bounces off the daily demand region that extends between $2.20 and $2.82, hinting at upswings. Decentraland will meet the weekly resistance zone at 43.26 and liquidity beyond $3.39 on the upside journey. Breaching the demand region's bottom limit near $2.20 will form a lower low, canceling the bullish case. Decentraland (MANA) appears to retest a critical support levels confluence that might catalyze upward price actions. Nevertheless, the metaverse crypto will encounter several obstacles in its bullish rally. MANA Plans to Rise Higher MANA price retested a bear trend-line twice since 29 November 2021, the $5.24 swing high. The…
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Crypto.com (CRO) on a 20% Weekly Loss as UK Advertising Watchdog Bans Two Ads

Crypto.com (CRO) on a 20% Weekly Loss as UK Advertising Watchdog Bans Two Ads

com's price lost 4% within the last 24 hours and more than 20% in one week amid news of a ban. Advertising Standard Authority in the UK has banned two Crypto.com ads, deeming them irresponsible and misleading. Experts forecast further drops in CRO price as the alt prints lower lows. Crypto.com (CRO) price encountered plunges within the last week. The alternative toke has recorded losses in four successive weeks. Meanwhile, UK advertising regulators banned two advertisements by the exchange. CRO Responds to Advert Ban with Price Plunge The UK advertising regulator ASA (Advertising Standards Authority) banned two crypto ads from…
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Tezos (XTZ) Flashes Bullish Potential Near $4.3 – Price Analysis

Tezos (XTZ) Flashes Bullish Potential Near $4.3 – Price Analysis

XTZ highlights a bearish outlook today. The alt's support stands at $3.7 Tezos has a massive resistance at $5 Tezos (XTZ) remains bearish as the alternative coin saw massive devaluation within the past two days. Bears dominate the assets, and XTZ dropped from $4.49 on 6 January to value areas of $4.3 today, 8 January. As bears continue ruling the market, the coin might witness further drops today. Meanwhile, the market shows bullish potential amid bearish dynamics. While writing this news, XTZ's price stands at $4.30. XTZ/USD 4Hr Chart – Shift in Market Trend Tezos analysis suggests market volatility to…
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Axie Infinity (AXS) Prepares a Bounce to $170 – Price Prediction

Axie Infinity (AXS) Prepares a Bounce to $170 – Price Prediction

Briefly – AXS price movements highlight bullish continuation. Bulls remained dedicated, defending the alt from further downward pressure. Nevertheless, Axie Infinity has plunging risks. Axie Infinity (AXS) seems to stabilize in the value area within the $90 – $100 range. Moreover, the $5.0/three-box reversal Point &Figure exhibit shorting signals and massive buying. The altcoin can experience an over 40% surge towards $170. Axie Infinity boasts two powerful trade patterns for either market. Nevertheless, the long trade idea has chances of playing out as far as long-term sessions are concerned. The short entry has a higher possibility of emerging according to…
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Ripple (XRP) Encounters Multiple Obstacles before Returning to $1.25

Ripple (XRP) Encounters Multiple Obstacles before Returning to $1.25

Briefly – Ripple price has to battle technical roadblocks on the way up. XRP has massive bullish momentum signals. The bearish strength remains persistent, but it becomes weaker each day. Ripple (XRP) hikes higher regardless of the colossal selling momentum that dominated during 2021's final days. Bulls appear committed to securing some precise actions beyond two governing resistance areas. Success here will likely take Ripple to prior ATHs. Ripple Price Forms a Support Floor XRP has seen its price values oscillating beneath and beyond 38.2% FIB retracement around $0.84 and 100%FIB expansion of $0.82. Meanwhile, the remittance token closed within…
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Digital Assets to Be Taxed In South Korea

Digital Assets to Be Taxed In South Korea

“Whether anyone owns them or gets them as a donation or inherit them or even receive them as a gift, none of the digital assets will be exempted from tax”, says the National Tax Service of South Korea (NTS). For the purposes of imposing the tax, major crypto firms of the country have been given the responsibility of identifying the digital assets liable to be taxed by the authority. A new tax policy is going to be introduced in South Korea which entails bringing digital assets within the tax net. The policy will be implemented by the National Tax Service…
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Polygon (MATIC): Bulls Ready to Battle $2.5 ATH Resistance

Polygon (MATIC): Bulls Ready to Battle $2.5 ATH Resistance

The Polygon chart displays steady technical upsurges with new higher lows and highs. The previous 24hrs saw the alt gaining 10% and tried to break past an all-time high resistance level at $2.5. MATIC will witness a massive bullish rally if it reclaims this zone. Vital Technical Points 100-day exponential moving average (EMA) offers reliable dynamic support for MATIC's price. The daily RSI actions struggle to match the bullish price push. Polygon's 24hr trading volume gained 43.1% to $3.05 Billion. Polygon has resonated in a climbing parallel channel formation. The increasing bullish action by the alt has pushed the pattern's…
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