BitTorrent / USD Short-term price analysis BitTorrent has a bullish short-term trading outlook, with the BTT / USD pair staging a strong recovery from major technical support on the four-hour time frame. The four-hour time frame is showing that a large head and shoulders pattern has taken shape following the recent technical rejection from the BTT / USD pair’s...
Fundamental Analysis Binance Coin continues its trend up as the exchange accelerates its pace of developments. Binance is already actively testing margin trading and opening more fiat on-ramps for the BNB token. This will further attract users and liquidity to the exchange which should have a positive effect on its token price. Binance Coin / USD Short-term...
Fundamental Analysis Zcash is likely growing in anticipation of the Zcon Annual Privacy Conference which will take place in Croatia on June 22-24, 2019. The event is organized by the Zcash Foundation and will encourage collaboration of privacy projects inside the Zcash ecosystem. Zcash / USD Short-term price analysis Zcash has a bullish short-term trading...
Cardano / USD Short-term price analysis Cardano has a bullish short-term trading bias, with the cryptocurrency staging a strong recovery from its 200-period moving average on the four-hour time frame. The four-hour time frame is showing that the ADA / USD pair is attempting to ignite a small inverted head and shoulders pattern, while an even larger bullish...
Fundamental Analysis Zilliqa continues its move up after the project announced that it has enabled smart contracts. This opens the platform for a wide community of dApp developers, and could catalyze ecosystem growth with dApps development. Zilliqa / USD Short-term price analysis Zilliqa has a bullish short-term outlook, with the cryptocurrency still trading...
Basic Attention Token / USD Short-term price analysis Basic Attention Token has a bearish short-term trading bias, with the BAT / USD pair now trading below its 200-period moving average on the four-hour time frame. The four-hour time frame is currently showing an inverted head and shoulders pattern, with BAT / USD sellers working hard to invalidate the bullish...
QTUM / USD Short-term price analysis QTUM has a bullish short-term trading bias, with the cryptocurrency recovering above its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a large head and shoulders pattern has formed, with QTUM / USD bulls needing to rally the cryptocurrency towards the best levels of 2019 to...
Fundamental Analysis NEO has gained bullish momentum after the company released an upgraded consensus mechanism ahead of schedule. The platform is planning to move to a new blockchain, NEO 3.0, in 2020 and is currently working on increasing its global presence. In February, the company opened a regional office in Seattle, Washington led by former Microsoft...
Fundamental Analysis GXChain has surged after the project announced a second round of buy-backs for the amount of 500,000 USDT. The team’s reasoning behind the buy-backs is that the project “has been undervalued by the market”. Although it is hard to predict the price movement after the end of the buy-back program, the GXChain has been ranked in the top-10...
Zilliqa / USD Short-term price analysis Zilliqa has an increasingly bullish short-term outlook, with the cryptocurrency testing towards the April 2019 trading high. The four-hour time frame is showing that a large inverted head and shoulders pattern has formed, with the recent advance invalidating a bearish head and shoulders pattern. Technical indicators...
Tezos / USD Short-term price analysis Tezos has a bearish short-term bias, with the XTZ / USD pair trading below its key 200-period moving average on the four-hour time frame. The four-hour time frame continues to show a bearish head and shoulders pattern, with the XTZ / USD pair staging a strong rebound from neckline support. Technical indicators are rising on...
Ripple / USD Short-term price analysis Ripple has a bullish short-term outlook, with the XRP / USD pair still holding price above its 200-period moving average on the four-hour time frame. The four-hour time frame shows that the inverted head and shoulders pattern has reached its full upside objective. The mentioned time frame also shows that a bearish...
0x / USD Short-term price analysis 0x has a bullish short-term bias, with the cryptocurrency still trading above its 200-period moving average on the four-hour time frame. The four-hour time frame also shows that an ascending triangle pattern has now formed, with the ZRX / USD pair attempting to move away from key trendline support. Technical indicators on the...
Binance Coin / USD Short-term price analysis Binance Coin has a bullish short-term trading bias, with the cryptocurrency still trading above its key 200-period moving average on the four-hour time frame. The four-hour time frame shows that the bullish inverted head and shoulders pattern has now reached its full upside projection. The mentioned time frame is also...
VeChain / USD Short-term price analysis VeChain has a bullish short-term bias, with the cryptocurrency holding above its 200-period moving average on the four-hour time frame. The four-hour time frame is showing that a head and shoulders pattern has formed, with the VET / USD pair currently carving out a right-hand shoulder to complete the bearish...
Verge / USD Short-term price analysis Verge has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a large inverted head and shoulders pattern has now formed, with sellers working hard to invalidate the bullish pattern. Technical indicators...
Fundamental Notes Chainlink launched its mainnet on May 31st. Although its price declined soon after the launch, fundamentally LINK remains strong. The project has announced that the first oracles on its platform will be retrieving cryptocurrency market prices and feeding them into smart contracts. Later the project plans to add more oracles to its network, and...
Ethereum / USD Short-term price analysis Ethereum has a neutral short-term trading bias, with the cryptocurrency falling back towards its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a head and shoulders pattern has now formed, with the ETH / USD pair trading close to the neckline of the bearish pattern. Technical...