Synthetix (SNXUSD) Bullish Campaign Comes to an Abrupt End

Price Analysis – $13.500 Resistance Halts SNXUSD Bullish Campaign SNXUSD bullish campaign will have to wait another turn after it abruptly ended at the $13.500 key level. Bears initially plunged the market from this level on the 27th of May 2021. This was after the big drop had happened earlier on the 19th of May … Continued

Bitcoin Plummets Below $30,000, Drags Entire Market Along

As bears continue to dominate the crypto scene, Bitcoin (BTC) has breached the $30,000 support in an overnight crash. As expected, the rest of the cryptocurrency industry took a plunge as well, with double-digit losses across the crypto space resulting in about a $100 billion crypto market valuation decline. Bitcoin fell into a bearish row … Continued

UMA (UMAUSD) Falls After Bulls Suffer Rejection at $9.900

Price Analysis – $9.900 Proves Too Strong for UMA, Price Falls UMA falls after rejection from the $9.900 resistance. This comes after the price has bounced off the $7.500 demand level for the second time. The first time was on the 22nd of June 2021, when the price immediately dropped even before it got to … Continued

0x (ZRXUSD) Drops to $0.600 to Continue Its Lateral Movement

Market Analysis – 0x Continues Lateral Movement as the Price Drops Again to $0.600 0x drops to $0.600 support to continue its sideways movement. Ever since the major market slump on the 19th of May 2021, ZRX has been moving in a lateral direction. The coin was initially ushered between the $1.190 and $0.900 key … Continued

Ripple Records Whale Transactions Despite Bearish Market Tone

Top cryptocurrency Ripple (XRP) has recorded significant whale activities over the past few days despite the prevailing bearish market sentiment. According to a recent report by Whale Alert, a blockchain/crypto analytics platform, the cryptocurrency just recorded two massive XRP transfers involving over 124 million coins. Earlier today, a leading XRP wallet address transferred 84.3 million … Continued

Bancor (BNTUSD) Continues Cranking Movement

Market Analysis – Bancor Continues Cranking Between $3.530 and $2.840 Bancor cranking movement continues after it was rejected at the $3.530 supply level. Sellers have been steadily plunging the market since the 2nd of June 2021. However, the price drop was brought to a screeching halt at the $2.840 demand zone. From this zone, the … Continued