Daily Analysis: ADA Faces Crucial Test: Could Cardano Suffer a Further 30% Drop?
Cardano (ADA) has been one of the most exciting cryptocurrencies to follow recently. Its current trading price stands at $0.36, which represents a slight decrease of 3% in the last 24 hours. However, this only tells a fraction of the story. Looking back a bit further, we see that ADA has lost about 20% of […]
CORE Token Gearing Up for 40% Rally: Here’s Why You Shouldn’t Miss It!
In the world of cryptocurrencies, opportunities for impressive returns are not limited to just Bitcoin or Ethereum. Smaller tokens, such as the CORE token, offer intriguing setups that can lead to substantial profits if played right. The potential of CORE to make a comeback after a significant loss, and its readiness for a relief rally, […]
Harmony (ONE): Riding the Bearish Wave for a Potential 30% Profit!
The crypto space can be a roller coaster, and Harmony (ONE) seems to be amid a significant downturn. The digital asset has lost a substantial chunk of its value in the past month, and various indicators suggest that this trend might continue. So let’s dive into the details to ascertain the future prospects of ONE. […]
Enjin Coin: Bearish Times Ahead — Anticipating a 5-8% Drop!
Enjin Coin is currently fighting a heavy downward trend. The token, which trades at $0.3228, broke through its support level at $0.3311. This article provides a technical analysis of the most relevant indicators (4-hour chart). Furthermore, it discusses why we expect a further price drop in the 5-8% region over the next few days, pushing […]
Expecting a Fall: Today’s DASH Analysis Foresees 4-5% Drop
DASH coin is approaching a critical price point, and a closer look at its technical indicators offers fascinating insights into possible trading setups. So let’s dive right into it! About DASH Dash, originally known as Darkcoin, is an open-source cryptocurrency and decentralized autonomous organization (DAO). It was forked from Bitcoin and designed to offer faster […]
NEO’s Mixed Trends: An Opportunity or a Trap? A Comprehensive Analysis
Today, we turn our gaze towards NEO, a unique blockchain platform for smart contracts, often seen as the “Ethereum of China.” Trading at $10.4, NEO is currently about 30% down from its yearly peak in March. However, there are indications that it may be poised for a rebound. Let’s dive deeper into a detailed NEO […]
Is Chainlink Poised for a Bounce? In-Depth Technical Analysis Reveals Surprising Insights
Today, we focus on Chainlink (LINK), a digital token making waves in the crypto space. With the ongoing volatility in the market, it is essential to analyze LINK’s current status and trade setup. Therefore, you will find a detailed analysis of the current status and a promising trade setup in this article. So, let’s dive […]
Binance Coin Analysis: Why BNB is Poised for a Run Towards $340
In today’s article, we look closely at Binance Coin (BNB), its current status, indicators, and potential trade setup. Moreover, we will provide a detailed trade setup and discuss why we believe that BNB is ready for a run toward $340. All information in this article is based on BNB’s 1-day chart. About Binance Coin (BNB) […]
XRP: Next Stop $0.60? A Comprehensive Technical Analysis
The world of cryptocurrencies is as exciting as it is unpredictable. As a result, the digital currency market has seen a surge in activity, with coins like Ripple (XRP) showcasing significant growth. In May alone, XRP has added 25% to its value, currently trading at a promising $0.50. This blog post aims to provide a […]
Ethereum’s Promising Path: Uptrend Momentum and A Potential Revisit to $2K
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has consistently garnered the attention of traders and investors. Ethereum’s decentralized, open-source blockchain boasting smart contract functionality has not only spurred on the advent of the Decentralized Finance (DeFi) and Non-Fungible Tokens (NFT) ecosystems but also paved the way for various technical trading strategies. In this article, […]