Price Analysis – Top 10 Crypto

Safemoon price analysis: SAFEMOON bounces back as market recovers
Analysis, Price Analysis - Top 10 Crypto

Safemoon price analysis: SAFEMOON bounces back as market recovers

The cryptocurrency market finally recorded a win this week after spending the first few days recording losses The cryptocurrency market didn’t start the week in an excellent fashion. The prices of most coins dropped by more than 10% in the past week, with some of them dropping from their all-time highs. Bitcoin lost its support above $47,000 and dropped below $42,000 earlier this week. The losses recorded by the leading cryptocurrency resulted in other coins also experiencing a bearish trend. Ether fell below the $3,000 mark for the first time in weeks after losing more than 10% of its value earlier this week. However, it is now up by 6% in the past 24 hours and is trading above $3,100 again. The bulls could look to push ETH towards the $3,500 mark over the coming hours and days. Cardano (...
Price analysis 9/22: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI
Price Analysis - Top 10 Crypto

Price analysis 9/22: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI

The crypto markets and United States equity markets are attempting recovery on Sept. 22 as fears of a widespread contagion due to Chinese developer Evergrande defaulting on its debt recede. Bridgewater Associates co-chairman and co-chief investment office Ray Dalio said on Sept. 22 that Evergrande’s debt was “manageable.”Ming Tan, a director at the credit rating agency Standard & Poor’s, said that the Chinese government may step in and restructure Evergrande.The Crypto Fear & Greed Index had plunged to 21 levels, indicating extreme fear among investors. However, while speaking on CNBC, Galaxy Digital CEO Mike Novogratz said that the crypto markets remain in good shape as long as Bitcoin (BTC) sustains above $40,000 and Ether (ETH) stays above $2,800. Daily cryptocurrency marke...
Tron price analysis: TRX slips below its 200 SMA on the 4-hour chart
Analysis, Price Analysis - Top 10 Crypto

Tron price analysis: TRX slips below its 200 SMA on the 4-hour chart

The cryptocurrency market hasn’t had a good start to the week, with Bitcoin and other major cryptos losing more than 10% of their value in the past few days The cryptocurrency market continued its poor start to the week with yet more losses recorded by the leading cryptos. Bitcoin dropped below the $43,000 mark and it is now trading above $42,000 per coin. The leading cryptocurrency has lost nearly 2% of its value over the past 24 hours. Ether’s losses are twice that of BTC as it is down by 4% during that period. ETH has finally dropped below the $3,000 level and could drop lower soon. Binance Coin, Solana, XRP and Dogecoin are also trading in the red zone. Tron has underperformed in recent days and could slip below the $0.090 level in the coming hours as the market continues to record los...
Chainlink price prediction: LINK could drop to sub-$20 levels
Analysis, Price Analysis - Top 10 Crypto

Chainlink price prediction: LINK could drop to sub-$20 levels

The cryptocurrency market continues its losing start to the week, with Bitcoin now trading just above the $43k level The cryptocurrency market started the week poorly, and it has now extended to the second day of the week. Bitcoin is down by 4% in the past 24 hours and is likely to drop to the sub-$42,000 level over the coming hours. Ether was also affected after the second-largest crypto by market cap lost 2% of its value in the past few hours. ETH is now struggling to defend its price above $3,000 and could drop to the $2,900 region if the current market conditions don't change. XRP, Polkadot, Dogecoin, AVAX and Uniswap are also some of the leading cryptocurrencies that are recording losses at the moment. Chainlink is down by nearly 6% and is looking likely to lose its support level abov...
Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX
Bitcoin, Price Analysis - Top 10 Crypto

Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX

The crypto markets and the U.S. equity markets sold off on Sept. 20 on fears that the collapse of Chinese property giant Evergrande could not only hurt China but also have wider implications in other markets.When the sentiment is bearish, traders dump positions that they perceive as risky in favor of safe-haven trades. This could be one of the reasons for the sharp fall in Bitcoin (BTC) and most major altcoins on Sept. 20.Daily cryptocurrency market performance. Source: Coin360Data from Bybt shows that Bitcoin held in Binance wallets has surged by 29,717 Bitcoin in the past 30 days. History suggests that an increase in the Bitcoin balance on Binance has resulted in a drop in Bitcoin’s price. The Bitcoin balance on Binance rose from 99,700 BTC on April 20 to 347,590 BTC on June 26. Dur...
Dogecoin price analysis: DOGE loses 9%, drops to 10th largest coin
Analysis, Price Analysis - Top 10 Crypto

Dogecoin price analysis: DOGE loses 9%, drops to 10th largest coin

The cryptocurrency market had a rough start to the week, with the prices of most coins currently trading in the red zone The cryptocurrency market has started the week in a negative fashion. The prices of most cryptocurrencies are down by 2% or more, with the total market cap dropping below the $2 trillion mark for the first time in weeks. Bitcoin has dropped below the $45,000 level again after being unable to mount a challenge to take it past the $50,000 resistance point. BTC is currently down by 6.5% in the past 24 hours. Ether is also one of the biggest losers, down by nearly 9% in 24 hours. ETH is trading above $3,100 and could drop below the $3,000 support level if the current market conditions aren't reversed. Dogecoin has underperformed in recent months, and its poor run has continu...
Cardano price dips after smart contract launch, Walmart working with Litecoin is fake news, Coinbase raises $2B from junk-bond sale: Hodler’s Digest, Sept. 12-18
Price Analysis - Top 10 Crypto

Cardano price dips after smart contract launch, Walmart working with Litecoin is fake news, Coinbase raises $2B from junk-bond sale: Hodler’s Digest, Sept. 12-18

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCardano launches smart contracts after successful hard forkAfter years of anticipation, Charles Hoskinson’s brainchild, Cardano, finally launched its smart contract functionality via the Alonzo hard fork on Monday. You’d think the result of this would be some bullish price action for ADA but, alas, its price dropped 10% following the rollout. While Cardano was keen to celebrate the milestone, it also emphasized in a blog post that it’s still in the “early days” of the project, adding that now is when “the m...
Price analysis 9/17: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA
Bitcoin, Price Analysis - Top 10 Crypto

Price analysis 9/17: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA

Bitcoin’s (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels. By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong floor on any declines.On the upside, analysts remain bullish. Bloomberg Intelligence chief analyst Mike McGlone has maintained his target of $100,000 for Bitcoin. McGlone said that a number of different charts underline the bullish potential for Bitcoin. Daily cryptocurrency market performance. Source: Coin360Along with Bitcoin, Ether (ETH) is also showing signs of accumulation. Crypto analytics provider IntoTheBlock said $1.2 billion worth of Ether was withdrawn within a 24-hour period from centralized exchanges on Sept. ...
Solana, Litecoin and Ethereum Classic price analysis: Bears retake control
Analysis, Litecoin, Price Analysis - Top 10 Crypto

Solana, Litecoin and Ethereum Classic price analysis: Bears retake control

After recovering from an earlier slump, the cryptocurrency market is heading into the red territory again as bears start to regain control The cryptocurrency market is trading in the red zone again after bouncing back from the early slump this week. Solana, Litecoin and Ethereum Classic are looking bearish at the moment. The three cryptocurrencies could suffer further losses over the coming days if the sentiment continues. Solana price outlook The SOL/USD 4-hour chart is currently bearish, with the coin down by 12% in the past 24 hours. The Solana network experiencing a blackout for nearly 24 hours contributed to the coin’s underperformance, and it has now lost the sixth position in the market cap rankings to XRP. SOL/USD 4-hour chart. Source: TradingView SOL is trading at $140 per coin a...
Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue
Price Analysis - Top 10 Crypto

Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.Regulatory noiseIn this week’s column, the Man in Shanghai is determined to squeeze all of the regulatory noise into one section, so as not to waste too much of your time. Let’s begin. It wasn’t much, just a warning from the Hebei Provincial government to announce it would put an end to cryptocurrency mining in the region. This is largely a non-story, since it’s essentially just restating a national level policy that went into effect months ago. Hebei was never much of a mining stronghold anyway, so the announcement is more procedural than anything else. ...