Altcoins

This Upgrade May Make Terra Classic (LUNC) Holders Happiest Investors

This Upgrade May Make Terra Classic (LUNC) Holders Happiest Investors

Terra Classic lately stole the show from various digital coins after staying in the backbench over the past few months. The digital token gained approximately 20% yesterday, making it among the most debated digital assets on August 26. While publishing this blog, LUNC traded at $0.00011816, with 6,907,072,876,045 overall supply. The primary reason behind this sudden uptick is the LUNC network update release, which catalyzed new investor hopes. Heightened Community Excitement The price surge saw LUNC supporters flooding Twitter, reacting to the swift price surge following months of dormancy. Moreover, the overjoyed community commented on potential upsides for LUNC to…
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Quant (QNT) Falls Beneath $100 Following Corrections

Quant (QNT) Falls Beneath $100 Following Corrections

Briefly – Quant broke out of a descending resistance. Resistance and support stand at $150 and $45. QNT follows an ascending support Quant has printed declines since 8 August and might complete its close at $88. QNT has seen its value plummeting below a descending resistance since the September 2021 all-time high of $429.69. The downside trend triggered plummets towards June lows of $40.60. However, uptrends emerged, and the token broke out of a descending resistance on 19 June. The rebound that catalyzed an upside action also helped validate the horizontal line at $45 as support. The weekly Relative Strength…
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Theta (THETA) Nears Yearly Lows – Losers of the Week

Theta (THETA) Nears Yearly Lows – Losers of the Week

Brief GRT and THETA follow ascending support levels. CVX broke down from an ascending channel. CRV completes A-B-C corrective setup. This analysis evaluates digital assets that saw the most decline over the previous week. Precisely, between 12 August and 19. Convex Finance – 28.57% down Oasis Network – 27.14% down The Graph – 25.67% drop Theta Network – 25.20% loss. Curve DAO Token – 25.05% Convex Finance (CVX) 13 August sessions saw CVX breaking down from an ascending channel that prevailed since 18 June. Breakdowns from these long-term patterns generally trigger substantial downside actions. CVX has its price retesting the…
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Flow (FLOW), Neo (NEO) Drop Again as Chronoly (CRNO) Extend Upside

Flow (FLOW), Neo (NEO) Drop Again as Chronoly (CRNO) Extend Upside

Neo, Flow, and Chronoly.io projects joined the cryptocurrency marketplace with new concepts. FLOW and NEO concentrate on creating a network for developers to build dApps, while CRNO wants to enhance the watch NFT market. Meanwhile, CRNO has gained 560% in three months of pre-sale as NEO and FLOW. Let us check what it takes to overcome negative sentiments (according to these projects). Will NEO Try Recovery Again? Neo is among the alts that received support from the cryptocurrency community regardless of pessimistic market sentiment. The altcoin launched upside when the overall market attempted revivals. Nevertheless, NEO couldn't sustain the upside,…
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1INCH: Why Near-Term Bearish Retracement Remains a Possibility

1INCH: Why Near-Term Bearish Retracement Remains a Possibility

The bearish performance in the overall crypto market during the 2022 first half had 1INCH extending its downsides from its ATH by a staggering 93%. Despite that, the platform maintained impressive development activity. That has been the narrative with most crypto projects targeting long-term growth. However, can that aid recovery in 1INCH? The alternative token shows revival signals despite the massive fall. 1INCH has (so far) gained around 67% from June's lowest price level. Furthermore, 1INCH experienced some selling strength during this publication. That came after the alt encountered resistance at the 23.6% FIB retracement area. The FIB retracement retest…
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Binance Coin (BNB): Why Another 20% Decline Isn’t a Surprise

Binance Coin (BNB): Why Another 20% Decline Isn’t a Surprise

Binance Coin left uncollected downside liquidity, suggesting further decline for the token. Violating the demand region at $253 - $308 will see bears sweeping $222 for liquidity. Recoveries beyond the $336 range low will cancel BNB's bearish thesis. Binance Coin sees its price rebounding from a steady demand region that paused its bleed. Nevertheless, untapped downside liquidity might attract bears to ruin the support floor. For now, BNB seems primed for further declines. Binance Coin Indecisive The past five days saw Binance Coin losing approximately 31% of its value to explore the $276 mark. The downside spiral paused as the…
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Should You Continue Shorting IOTA in The Upcoming Days?

Should You Continue Shorting IOTA in The Upcoming Days?

The past couple of months had IOTA's action backing a bearish thesis. An extended downside wave since September 2021 peaks showed a bull cycle end. Meanwhile, the current dominant bears saw the alternative coin plummeting towards a multi-month baseline near $0.389. Considering the liquidity range, IOTA needed to overcome the 23.6% obstacle to reignite any massive bull run chances. While publishing this content, IOTA traded near $0.4372, surging 1.81% within the past day. IOTA Daily Timeframe IOTA witnessed a significant breakdown from its long-term downward channel's upper trend-line. After barely hovering beyond the 20 Exponential Moving Average and 50 Exponential…
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Tron, Decentraland, ApeCoin Price Analysis – May 10, 2022

Tron, Decentraland, ApeCoin Price Analysis – May 10, 2022

The cryptocurrency market saw a massive sell-off within the past couple of days as Bitcoin as stock indices recorded heavy losses. TRON was among the few tokens that recorded upswings over the previous week, but it declined below critical support. Decentraland and ApeCoin might present shorting or selling opportunities in the coming hours. Tron (TRX) According to the 1hr chart, Tron maintained upside actions over the previous day but could not rise beyond the resistance level at $0.089. While writing this content, the past 72 hours also witnessed the A/D indicator starting to decline even with bulls attempting to catalyze…
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