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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Cosmos (ATOM) Appear to Rally; What to Consider Before Buying In

Cosmos (ATOM) Appear to Rally; What to Consider Before Buying In

Though cryptocurrency investors might concentrate on the top 10 tokens by market cap, drastic changes unfolding in somewhat smaller but significant projects are could impressive to ignore. Cosmos (ATOM), ranking 25th by market capitalization (during this publication), is among the small projects worth your consideration. While writing this content, ATOM changed hands near $18.57, following a 5.57% increase within the previous day. Nevertheless, the alternative token stayed 14.63% down over the past seven days. For now, the alt appears on a recovery road. Detailed ATOM Outlook Though Cosmos volumes remained far lower from upticks registered even after January 2022 and…
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Polkadot (DOT) Delivers Upside Following Bearish Run – Here’s What to Consider

Polkadot (DOT) Delivers Upside Following Bearish Run – Here’s What to Consider

Polkadot registered an impressive 6% surge on May 1 after ending April's bearishness that had the token extending downside. The leg-up may show the alt plans substantial upside rallies. Nevertheless, the current price performance shows current uncertainty holding the alt back. For now, DOT trades around the $15.23 mark, dropping 36% from the April peaks, transacting to an attractive discount. Such narrative poises the alt for attractive uptrends and analyzing the market shows significant accumulations after the token plummeted towards April's lowest level at $14.18. FIB retracement zones show price levels to consider during Polkadot's upside rebound. They comprise $16.57…
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Litecoin (LTC): Can ‘Dip-Buying’ Call Attract Investors’ Attention

Litecoin (LTC): Can ‘Dip-Buying’ Call Attract Investors’ Attention

As things stand, crypto enthusiasts nowadays are only interested in opportunities to join the bandwagon. That has had the 'buying the dip' narrative trending each time BTC plunged within the past two months. The same case appears to develop this time, with Bitcoin and other alt tripping the market capitalization, triggering a 5.66% slump that erased about $103 billion from the cryptocurrency marketplace. Buying LTC Dip? Surprisingly, most demand comes from Twitter, which has had its share of turmoil since Elon Musk purchased the social media site for $44 billion. Nevertheless, can this demand support Litecoin to record some upside…
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Dogecoin, Chainlink, Litecoin Price Analysis – April 27, 2022

Dogecoin, Chainlink, Litecoin Price Analysis – April 27, 2022

The past few days saw BTC snapping to $40.6K from $38.2K before plunging towards the $38K mark again. Such volatility had the alt market weaving on the charts. For instance, Dogecoin experienced a sharp uptick following several days of range accumulations. Chainlink and Litecoin extended their downside trends. Dogecoin (DOGE) Dogecoin pumped towards $0.171 from $0.122, and analysts used the move print Fibonacci retracement areas. Meanwhile, DOGE slipped below the supply zone at $0.14 over the past day. That came as the broad market displayed a bloodbath. Nevertheless, DOGE secures some support around the $0.134 barrier. Momentum indicators displayed bearishness,…
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Top Ethereum Killers to Consider in 2022

Top Ethereum Killers to Consider in 2022

Investors have heavily grilled the Ethereum network over the past couple of years. That is due to congestion, slow speeds, and high gas fees. As this competitive field sees constant innovation, users and developers look for blockchains that meet demand without hassle. This article highlights some leading blockchains that enthusiasts believe will overcome Ethereum's TVL with time. Solana (SOL) Solana tops our list. Backed by billionaire Sam Bankman-Fried, it is a decentralized network created to ensure user-friendly, scalable apps for the market, and Solana gained increased popularity. Solana attracted many developers looking for Ethereum alternatives due to high fees and…
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Here’s Why ApeCoin (APE) Can Surge 20% Soon

Here’s Why ApeCoin (APE) Can Surge 20% Soon

ApeCoin (APE) presents an interesting technical picture as crypto nears a critical obstacle. A swift move past this barrier may trigger uptrends for the alt, an upside that will likely print a base before rallying towards ATHs. APE Price Prepared for Recovery? ApeCoin's price saw massive drops since the alt touched the $17.46 record high on March 18. Though the first hype dwindled, the token cauterized near $10.60. APE surged towards the $15 level (after creating a swing low), printing a local high on March 28. However, the barriers between $10.68 and $15 have held the ApeCoin price hostage since…
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MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

The crypto market sustained a massive plummet over the past 24 hours as Bitcoin lost about 5%. Alts such as Dogecoin and MATIC hovered around stable support floors before BTC, and the broad crypto market accelerated downward in the latest hours. That had them plummeting further to explore levels that remained substantial on higher time-frames. Can these assets push higher? Polygon (MATIC) The past 24hrs saw Polygon falling into a demand zone on higher time-frames (12hr and daily). Previously, the alt traded inside the $1.56 - $1.74 range but selling momentum appears lucrative for bears to keep the range lows.…
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Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive Bitcoin (BTC) plunged to $45K support on Wednesday morning. That's despite on-chain data showing positive buying activity. The crypto exhibits weakness, changing hands near $44,767.71 at this publication, reflecting a 4.21% 24-hour decline. BTC declines emerged amid a global crash following hawkish comments by the US Fed Reserve. Lael Brainard, Fed Governor, hinted at central bank balance sheet trimming in May as he stated that curbing inflation remained paramount. That triggered sell-offs within the market as traders worried a restrictive atmosphere might lead to economic downturns. The tech-heavy NASDAQ lost…
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Polkadot (DOT) Price and Possibilities of 70% Upsurge

Polkadot (DOT) Price and Possibilities of 70% Upsurge

DOT price appears prepared for new upswings after the alt flipped a critical resistance zone at $22.50 into the support floor. Enthusiasts can expect a 33% upsurge towards $30.48 soon. A daily candle close under $20.17 will cancel Polkadot's bullish case. Polkadot price exhibits surging signals following the latest reaction that flipped a long-standing hurdle into a foothold. This development will likely propel the alternative token higher, exploring the nearest resistance level. DOT to Capitalize on Bullish Effort Polkadot attempted to surpass the resistance barrier at $22.50 for seven days without success on each trial. Moreover, the obstacle means pain…
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Zilliqa (ZIL) Hints at 25% Discount: Price Forecast

Zilliqa (ZIL) Hints at 25% Discount: Price Forecast

Zilliqa technical price chart displays multiple higher rejection candlesticks around the resistance barrier at $0.211. The constant upside rejection might catalyze bearish reversals and drop the alternative token towards the $0.136 level. Should you hold ZIL during this correction? Key Points Zilliqa price chart displays multiple high-tail rejection candlesticks at the $0.221 resistance. ZIL might see its price falling to the 0.5 FIB retracement level. Zilliqa's intraday trading volume of $3.4 billion reflects a 32% drop. The sudden price surge in ZIL/USDT followed the ZIL metaverse, Metapolis launch, and latest partnerships with different companies. That saw Zilliqa surging 371% within…
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ApeCoin (APE) Should Keep This Area for New Highs

ApeCoin (APE) Should Keep This Area for New Highs

ApeCoin has its price grappling with the supply zone, extending between $14.23 and $15.98. A rejection might push the token towards the $12.28 support floor, whereas overcoming the obstacle might result in new highs. A daily candle close under $12.28 might catalyze a massive crash to $9.64. ApeCoin (APE) has witnessed a substantial upward move within the previous ten days. Nevertheless, the latest move to the supply territory proves challenging for the alt bulls. Enthusiasts should be alert since failure to trigger upswings might translate to a sharp fall. APE Price at Break or Make Level ApeCoin's price arrived at…
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Terra (LUNA) Gains More Than 20%, Nearing its ATH

Terra (LUNA) Gains More Than 20%, Nearing its ATH

Terra's native token LUNA saw remarkable upswings within the past 24 hours, gaining more than 20% to hover at $99, beneath its lifetime peak. That comes as the broad crypto spectrum sees bullish moves. However, two other factors contribute to Terra's current surge. They are stablecoin UST demand and consistent LUNA tokens' burn. LUNA was among the best-performing alt since last month, gaining 47%. Contrarily, the leading alternative coin, Ethereum, lost nearly 12% within the timeframe. High-Yield Seeker Drive UST Demand UST, via Terra's Anchor Protocol (ANC), offers depositors an almost 20% yearly percentage yield, making it one of the…
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