Price action in the Enjin market may have just found suitable support after moving 1.88% on the day as of the time of writing. Consequently, its price action seems to continue with an upside retracement. However, we should try to examine how this may occur. ENJ Statistics ENJ Value Now: $0.2598 Enjin Market Cap: $260M […]
On July 7, 2014, XRP (XRPUSD) was worth $0.0028. XRPUSD reached the all-time high (ATH) of $3.84 on January 4, 2018. That means you would have made a profit of more than $137,000 if you invested just $100 in XRP in July 2014. Wow! That kind of return was massive. Wasn’t it? However, the chances […]
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Price action in the TAMA/USDT market had recently visited the $0.012100 region, which seems to have awakened the bulls. Consequently, a steep upside retracement occurred, and price action quickly reclaimed support above the $0.013100 price level. Furthermore, price behavior suggests that more upside retracement may still be seen in this market. Tamadoge Data: June 17, […]
The Skale Network price movement had previously fallen through multiple support levels when downward forces took control of the mark. But recently, buyers started a resistance near the $0.2375 price mark, which failed. However, this resistance seems to be holding, as price action has started retracing upward from three trading sessions ago. SKL Statistics Skale […]
Chainlink is set to recover from the SEC’s interference as whale activities increase has been noticed by Santiment, a major analytics firm in the cryptocurrency industry. As per Santiment, the notable increase in activity is currently the highest since the beginning of the year. As of now, addresses with over 10,000 LINK tokens have been […]
Yield farming serves as the backbone of the DeFi ecosystem, attracting substantial investment and offering lucrative returns. Despite a decrease in the number of DeFi protocols, the sector retains a significant value of $47.3 billion in TVL. Leading the way in yield farming is Ethereum, followed by Tron and Binance Smart Chain. Investment Perspective: Investors […]
TAMA/USD Bulls were awakened as the price hit very strong support near the $0.013150 mark. This has initiated a significant upside retracement of price action. In addition, signs coming off technical indicators support the opinion that we may witness yet more upside price increases. Tamadoge Data: June 11, 2023 Tamadoge Value: $0.01361 TAMA Market Cap: […]
The ongoing battle between the SEC and Binance seems to have significantly affected the cryptocurrency sector. This seems to be the reason why most of the coins on this week’s list of trending coins are on a downtrend. Let’s zoom in to see how these cryptos may fare shortly. ChitCAT (CHITCAT) Major Bias: Bullish The […]
The STORJ/USD has experienced a significant price movement yet remains more prone to downward retracement. Also, price action in this market seems to have entered a volatile storm. This makes it more challenging to analyze where prices may head soon. Nevertheless, let’s give it a try. Storj Analysis Data Storj Value Now: $0.2700 STORJ Market […]
