The Polkadot price analysis shows the coin is correcting today as it has retraced back to $52.6. Overall, DOT/USD is bullish as it continues to discover new heights every day, but today’s price function is on the bearish side. Yesterday’s price function was also bearish for the first half of the session, but the bulls regained control and took Polkadot to a new...
The Quant price analysis is showing bearish results for the day as the price underwent loss once again. The price has decreased up to $261, continuing the downtrend that started during the last week. The short-term trending line is going downwards, which means that the bears are in the leading position. The price is on a continuous decline and has reached the...
The Cosmos price analysis shows that the bulls are trying to recover once again. The price has been rising and is planning to breach past the $38.4 resistance. The recent uptrend has been quite encouraging, as, during the past week, the cryptocurrency remained under the bearish shadow completely. The bullish momentum is increasing gradually, and a further...
The Algorand price analysis shows that the ALGO/USD is correcting today. A decrease in price has been observed as bears are ruling the charts today. ALGO remained bullish for the last four days, and the price uplifted during that time but to a limited extent. Overall, ALGO has been following a wave pattern for more than a month and has been unable to break above...
Today’s Shiba Inu price forecast is bearish, as a new downside was established overnight, and there are no indications of slowing down today. As a result, we anticipate SHIB/USD to next test support at the $0.00006 level to determine if it can withstand the third time. Every time SHIB/USD tests this price, it bounces off of it. This level at which SHIB/USD failed...
Solana is now the 5th biggest cryptocurrency by market capitalization after toppling Cardano to position 6. Counting down the gains of the altcoin since the start of the year brings us to 12246%. Thereby making Solana the most profitable crypto investment in 2021. The price is also up by 11% in the last 24 hours.
Bitcoin Cash has experienced yearly gains of up to 180% since January 1st, counting down to the second-to-last month of 2021. Thereby suggesting significant returns for cryptocurrency traders from the annual price opening of $342 to today’s daily high of $619.
Sushiswap is presently in a bull market, although values dropped by roughly 20%. SUSHI/USD is currently upswing, following a considerably steeper high yesterday and a modest overnight retracement. Today’s price movement should be positive for both buyers and sellers. With today’s $14 level as the first resistance The price of SUSHI/USD rose to an overnight high...
The IoTeX price analysis reveals the IOTX/USD is strongly bullish at the moment, and the recent uptrend started on 28th October. But IOTX skyrocketed yesterday when it rallied high to $0.215 and continues the upside today as well. At one instance yesterday, the IOTX swang as high as $0.394 but capped at $0.215. The IoTeX has emerged as a winner of the IoT...
The Avalanche price analysis shows the coin is at an all-time high of $79 as the bullish progression still continues. Yesterday the AVAX/USD price capped at $75.5, just a dollar below the previous all-time high of $76.5, but today bulls took the price further high to a new record high level, and we hope that the bulls will maintain the upside today, marking a...
Today’s Shiba Inu price analysis is favorable since the $0.00006 mark should prevent further decline after a mild retracement from the $0.000077 mark. As a result, we may expect SHIB/USD to rise as a new high is established. We expect a key resistance to be located at $0.00009, in which a break will open up SHIB/USD towards the 200 Day EMA located at $0.00015,...
Dogecoin price analysis is pessimistic today, as a second decline was registered overnight, resulting in the next support at $0.26. We expect a reversal to follow if the support holds DOGE/USD from further depreciation, but we anticipate more downside until then. A downside break through $0.28 earlier today has led to further losses, with the price now at around...
The price of the Shiba Inu is bearish today because bullish momentum was unable to drive the market past $0.000075 overnight, resulting in another lower high set. As a result, we anticipate SHIB/USD to drop further later today, possibly below $0.00006 support.
Ripple price analysis is bearish today, as another somewhat lower high was established overnight after recovery from $1.07 support. As a result, we anticipate XRP/USD to surpass the $1.07 barrier and fall even more later today. After a few bullish days, XRP/USD experienced another slightly lower high yesterday as the digital asset rose to $1.098 before quickly...
Cardano price analysis is bearish today as the $2 mark prevented further upside after a quick rally in the morning. Therefore, we expect ADA/USD to move lower over the next 24 hours. Cardano price analysis begins by looking at the 1-hour chart. ADA/USD grew from $1.917 to $1.972 in early trade before retreating below the psychological level to around $2.02...
Polkadot price analysis is bearish today, as the market has approached significant resistance at $46 after a strong rally earlier in the day. As a result, we anticipate DOT/USD to decline and establish another higher low. A parabolic extension is drawn to indicate how far momentum may have carried DOT/USD during the impulsive wave. A secondary channel is drawn to...
The Sandbox price analysis report is in bullish color again as the token continues to move higher every day. SAND bulls have covered a good upwards range from $2.12, the point at which the price was capped yesterday, to $2.80. The bulls are taking the bar higher, and $3 seems to be their next target.
Chainlink price analysis is bearish today as the market has slowed down after reaching the $32 resistance. Therefore, we expect LINK/USD to reverse again and set another higher low.