Analysis of THETA, DOT, UNI on 8th June 2023
Summary After a strong beginning of the week, the crypto market has worsened, with THETA, DOT, and UNI all seeing significant price decreases. While THETA continues to hold above $0.75, DOT and UNI have fallen below key support levels, with UNI at just over $4.50. The overall market trend remains down, though there are some […]
Daily Analysis of ADA, BNB, LTC on 8th June 2023
Summary After a strong beginning of the week, the crypto market has taken a turn for the worse, with ADA, BNB, and LTC all seeing significant price decreases. While ADA continues to hold above $0.30, BNB and LTC have fallen below key support levels, with LTC sitting at just over $0.80. The overall market trend […]
Daily Analysis of BCH, AVAX, and DOGE on 8th June 2023
After a strong beginning of the week, the crypto market has taken a turn for the worse, with BCH, AVAX, and DOGE all seeing significant decreases in price. While BCH continues to hold above $100, both AVAX and DOGE have fallen below key support levels, with DOGE sitting at just over $0.06. The overall market […]
Daily Analysis of XLM, ALGO and XTZ on 8th June 2023
XLM Stellar Lumens (XLM) is currently trading at $0.087, down 3.23% in the last 24 hours. XLM has followed a similar trend to other major altcoins in recent weeks, falling sharply from its all-time high of $0.11 reached in early March. The sell-off has brought XLM below its 200-day MA, though it has so far […]
Daily Analysis of AAVE, ETH, and XRP on 8th June 2023
Summary After a strong beginning of the week, the crypto market has taken a turn for the worse, with AAVE, ETH, and XRP all seeing significant decreases in price. While AAVE continues to hold above $50, both ETH and XRP have fallen below key support levels, with XRP sitting at just over $0.50. The overall […]
Tron (TRX): Rising Against The Tide – A Comprehensive Analysis of TRX’s Resilience Amidst Market Correction
Tron’s Current Status: A Steady Ascent Amidst a Volatile Market Despite a minor dip of -1.09% in the past 24 hours, Tron (TRX) currently trades at $0.077, showcasing a bullish trend. TRX emerges as a standout asset, maintaining an uptrend despite an overall market correction indicative of robust buyer demand. A keen observation of TRX’s […]
Litecoin: Embracing the Bull Run – An Extensive Analysis of LTC’s Current Status and Its Future Potential
Litecoin’s Current Status: The Bullish Rebound Litecoin (LTC), one of the original altcoins, is currently trading at $90.38. While it witnessed a minor drop of -0.59% in the last 24 hours, the overall trend leans towards the bullish end of the spectrum. A closer look at LTC’s price action reveals significant zones of support and […]
Ethereum’s Bullish Ride: An In-Depth Exploration of ETH’s Current Surge and What Lies Ahead
Ethereum’s Current Status: Sailing the Bullish Waves Ethereum (ETH), the second-largest cryptocurrency by market cap, is trading at $1877, experiencing a minor 0.36% decrease in the last 24 hours. Despite the little dip, the overall trend remains bullish. The critical points on Ethereum’s chart revolve around a sharp run-up that saw the price touching the […]
ALGO’s Current Dip & Its Future Prospects — What’s Next?
ALGO Overview — Charting the Downfall ALGO is trading at a humble $0.13, a slight dip of -2.27% in the last 24 hours. The token is on a clear bearish trend, starkly contrasting its previous highs. A detailed look at the chart reveals that the price was twice rebuffed at the $0.30 resistance, coinciding with […]