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Despite deep drawdowns nearly every month of this bull run, Stellar’s XLM kept making new local highs.
It’s still well below its 2018 all-time high of 93 cents but that level no longer looks outrageous.
To check the trend, we’ve asked Hybrid Intelligence the following question:
“The cryptocurrency Stellar (XLM/USDT) settled at 0.64661 USDT at 08:40 AM UTC at...
The altseason goes on, BTC dominance to fall
As Hybrid Intelligence predicted, Bitcoin dominance declined as ETH and altcoins (DOGE!) outperformed the first cryptocurrency.
As usual, we’ve posted a question about the overall crypto market cap:
“The cryptocurrency Market Capitalization settled at 2242B USD at 12:00 PM UTC on Wednesday, May 5. Will the Market...
The Enjin Coin has already recovered some of the losses from the recent correction and the general altcoin setup looks favourable.
We’ve asked Hybrid Intelligence the following question:
“The cryptocurrency Enjin Coin (ENJ/USDT) settled at 2.68660 USDT at 10:18 AM UTC at the binance exchange on Friday, April 30. In your opinion, will ENJ/USDT trade above...
The total crypto market cap recovered to above $2 trillion and many assets recouped their losses from the latest dip.
But the dip and the recovery that followed brought BTC dominance to 50%, a level unseen since 2018.
Our regular question to Hybrid Intelligence illustrates the view on BTC dominance:
“Bitcoin crypto market share settled at 50.34% at 12:00 PM...
ADA has recovered already its loss in BTC terms from last week and it looks like it might be set to resume its upward trend. But ADA/BTC is well below its February high.
We’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002279 BTC at 10:02 AM UTC at the binance exchange on Monday, April 26. In your...
BAT or Basic Attention Token has lost about 35% since last week’s high. Most of its upward price action since the beginning of the year came in just a handful of green double-digit days. So it looks like there aren’t any strong levels of support.
To check if the bottom is in already, we’ve posted the following question to Hybrid Intelligence:
The recent dip spurred some fears but so far the sell-off didn’t spread beyond Bitcoin. ETH, BNB, and many other cryptocurrencies already recouped most losses.
The usual weekly questions to Hybrid Intelligence can help to gauge the trend:
“Bitcoin crypto market share settled at 51.91% at 12:30 PM UTC on Wednesday, April 21. Will Bitcoin's market share climb...
Cosmos token ATOM saw a lot of volatility over the past month and recently posted strong gains in USD terms.
Yet in BTC terms the price is well below the February high. And ATOM / BTC is now nearly 50% below the August high.
The recent positive news flow could spur even more price action so we’ve posted the following question to Hybrid Intelligence:
Coinbase IPO or, more precisely, direct listing is the most anticipated financial event this week.
Unlike with a traditional IPO, there is no pre-pricing ahead of the direct listing so trading might be very volatile in the first week.
The reference price of $250 would give Coinbase a valuation of $65 billion.
That’s about the market cap of the...
VeChain, a blockchain supply chain platform, has had a great start to the year in USD terms. In BTC terms, VET also broke last summer’s high and approached the 2018 all-time high.
It seems that test projects with SalesForce and several enterprises have added fuel to the rally that previously took off after collaborations with NFT-related projects.
Cardano’s ADA showed strong performance this year, beating the 2018 all-time high of $1.2 and surginng even higher.
Yet in BTC terms it was slightly less impressive. In March ADA even lost 20% in BTC terms.
We’ve asked Hybrid Intelligence the following question about ADA’s near-term prospects:
“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002086 BTC at...
Yesterday, the total crypto market cap hit $1.938 trillion. And went into a correction.
Every week we ask Hybrid Intelligence about what’s next for the crypto market. Here is the question:
“The cryptocurrency Market Capitalization settled at 1830B USD at 12:00 PM UTC on Wednesday, April 7. Will the Market cap climb above 1967.3B USD (+7.5%) earlier than drop...
ChainLink had a stellar run last summer, shooting to over 0.0016 BTC. Since then, however, the LINK/BTC pair went into a prolonged downtrend even though LINK continued to post gains in USD terms.
It seems that over the past week LINK/BTC once again turned the corner. So we’ve asked Hybrid Intelligence if the trend will continue:
“The cryptocurrency ChainLink...
In March, ENJ made 5x, thanks to the NFT boom.
However, the token has lost about 10% from the all-time high in USDT terms.
To check if the correction has ended, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Enjin Coin (ENJ/USDT) settled at 2.48765 USDT at 08:15 AM UTC at the binance exchange on Monday, March 29. In your...
3M Company rallied this month, gaining 10% and breaking its 52-week high.
It’s one of the companies we always follow at Cindicator and regularly post questions to Hybrid Intelligence.
Based on the recent volatility, we asked a question with the following targets:
“The shares of 3M Company (MMM) settled at 193.10 USD at 08:00 PM UTC on Thursday, March 25. Will...
ATOM, the token of Cosmos network, has performed well this year in BTC terms.
However, after hitting a USD all-time high of $26 in February, ATOM went into a correction. And even before that ATOM/BTC was well below its August 2020 high.
We’ve asked Hybrid Intelligence the following question to check the short-term trend:
“The cryptocurrency Cosmos (ATOM/BTC)...
After a sell-off in late February, WAVES traded in an upward trend, consistently showing higher lows. The price, however, has met resistance in around $11.
To see if the upward trend will continue, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Waves (WAVES/USDT) settled at 10.5627 USDT at 08:11 AM UTC at the binance exchange on...
Over the past few days the crypto market capitalization has set a new all-time high, thanks to Bitcoin’s surge.
While the market has somewhat corrected, this doesn’t look like a reversion of the bullish trend.
As usual, we’ve asked Hybrid Intelligence the following question:
“The cryptocurrency Market Capitalization settled at 1665B USD at 12:00 PM UTC on...