Ripple Declines as Bears Attempt to Breach the $0.92 Support

Ripple (XRP) Long-Term Analysis: BearishRipple’s (XRP) price declines to $0.87 low after consolidating above the 50-day SMA for two weeks. XRP/USD is trading in the bearish trend zone. The altcoin is capable of falling on the downside. For the past 24 hours, the XRP price has been retesting the previous low at $0.92 to break … Continued

Synthetix (SNXUSD) Fails to Break Out and Instead Breaks Down

SNXUSD Analysis – Price Breaks Down After It Fails to Break Out SNXUSD fails to break out past the upper border of its ascending triangle formation. This has led to a total breakdown in price in which the market falls back to $10.450. This comes as a setback for the market, which has been trying … Continued

Bitcoin Market Analysis: Market Bleeds as BTC Sheds $8,500

Following a relatively slow weekend for Bitcoin (BTC) around $49K, the benchmark cryptocurrency suffered a debilitating blow over the past 24 hours. As expected, with BTC declines, most altcoins recorded significant drops likewise, causing the market value to fall by over $200 billion. As mentioned earlier, Bitcoin had a quiet weekend and even attempted to … Continued

Litecoin (LTC/USD) Price Declines, Touching a Significant Line

Litecoin Price Prediction – September 21The LTC/USD price declines, touching a significant line at $150 during the recent volatility. The crypto market’s percentage rate is around 2.38 positive, trading around the level of $160 as of the time of writing. The overall assumption now backs that the market will soon be witnessing potential upsides. LTC/USD … Continued

Compound (COMPUSD) Keeps Falling Under Bearish Pressure

Compound Analysis – Price Keeps Falling as Sellers Keep Plunging the Market Compound keeps falling under pressure from sellers. After falling abruptly out of its upward channel, the coin has failed to hold on above the $380.00 support level. This has paved the way for bears to step in and exert pressure on the market. … Continued

Binance Coin Continues Its Bearish Run, May Decline to $289 Low

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) has continued to fall down after the recent breakdown. Before the recent price fall, the coin has been consolidating between the moving averages. The selling pressure is likely to continue as price breaks below moving averages. The market has fallen and it retesting the previous price level … Continued

ZRXUSD Is Approaching a Significant Price Level

ZRXUSD Analysis – Price Is Approaching $1.000 Significant Level ZRXUSD is approaching a significant price level of $1.000 as the market keeps falling. The bearish tendency became evident after the price reversed at $1.300 following the appearance of a hanging man candlestick. Following that, there was a significant decline in liquidity to $1.000. The market, … Continued

Ripple Not Ready to Settle In Ongoing Legal Battle With SEC

In an interview with Fox Business’s Charles Gasparino, the Ripple (XRP) legal team asserted that they had no plan to settle the ongoing lawsuit with the United States Securities and Exchange Commission (SEC). The journalist tweeted on Friday that: “Ripple’s legal team tell Fox Business they have no plans to settle with SEC over a … Continued

Chainlink (LINK) Breaks Below $27 Support, Resumes Downtrend

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) price has resumed a downward move by breaking below the moving averages. For the past week, the LINK price has been consolidating above the 50-day SMA. The breakdown below the moving average signals the resumption of the downtrend. The selling pressure is reaching bearing exhaustion as the market reaches … Continued