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The Ripple price has plummeted to the lowest level since February as the stocks and cryptocurrency market fell. XRP is trading at $0.7161, about 23% below the highest point this month. It remains about 47% below the highest point in 2021, bringing its total market cap to about $33 billion. Other coins like Ethereum, Bitcoin, Solana, and Cardano have plunged. The...

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Stellar Lumens’ price has been on a steady decline since April 4, 2022, when it has lost over 20 percent of its value. However, in today’s trading session, the cryptocurrency is showing signs of a bullish trend, gaining around a percentage point. Unsurprisingly, in the last 24 hours, the cryptocurrency has seen its trading volume fall by 28 percent. This has...

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Woo Network is a fast-growing blockchain platform that offers a quality trading platform. The network is known for its fast execution and significantly lower fees than other popular platforms. It offers hundreds of pairs to trade and deep liquidity. The Woo Network price has crawled back after its sharp decline during the weekend. WOO is trading at 0.66 USDT,...

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The 26 support level is under threat due to the intraday violation shown on the 4-hour chart. A breakdown of this level allows the 24.00 support level to become the immediate target for the bears. 22.47 and 20.12 remain additional support targets in the near term. Conversely, the bulls need to resist the intraday violation to preserve the sanctity of 26.27 as...

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The daily candle has violated the 427.6 support level. However, the bulls have fought back and the candle’s market price is tangling with this support. If the candle closes above this support, its sanctity is preserved and there could be an opportunity for a bounce towards 450.9. Any further recovery depends on the break of this resistance, targeting 481.2 and...

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Ethereum’s prospects for 2022 are encouraging. Considering ETH gained 430% in 2021, a 155% increase to $10,000 next year is easily achievable. Furthermore, if ETH repeats this years’ performance, the Ethereum price could reach $20,000 in 2022. Whilst we expect the cryptocurrency market to grow next year, volatility will likely remain high. Therefore, the Ethereum...

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Polygon’s native token, MATIC reached a new all-time high (ATH) of $2.9 on December 26 as the festive season bullishness pushed the larger market. That said, MATIC’s recent price discovery was not on the back of larger market movements, but the increased action and interest in the network. Driven by sustained network growth and high active addresses, MATIC’s...

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In isolation, Polygon’s prospects look constructive. However, my concerns are regarding the market as a whole. Bitcoin’s price action is sluggish and is likely to remain that way for the foreseeable future. Furthermore, due to the FOMC’s hawkish taper timeline, broader macro conditions are breaking down. Subsequently, the tailwind for crypto prices is dropping...

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DOT has edged lower after pulling back from Thursday’s high of 27.79. The altcoin has been on a downtrend since early November when it hit its all-time high at 55.28. Currently, Polkadot's price was down by 3.77% at 25.35. On a four-hour chart, it is trading below the 25 and 50-day exponential moving averages. It is also below the long-term 200-day EMA. In the...

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LTC has crept higher subsequent to bobbing off Wednesday's low. As a response to the hawkish Fed interest rate decision, the altcoin dropped to 142.33 prior to switching the misfortunes. Temporarily, the horizontal channel between December's help level of 141.38 and the resistance level at 167.26 will stay a pivotal one for the crypto. Eminently, it has generally...

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The Vulcan Forged Price responded promptly to the news, as you would anticipate. The SPY token lost over 30% intraday prior to ricocheting to $22.00 (- 18%). Be that as it may, regardless of the bounce back, selling tension might continue when US brokers arise today. The most significant risk for longs is on the off chance that the value breaks underneath the...

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XRP has remained above the psychological level of 1.0000 despite the recent downtrend. After hitting a six-month high of 1.3487 mid-last week, the altcoin has since dropped by about 22.97%. Currently, Ripple trades at $1.06. On a three-hour chart, it is trading below the 25 and 50-day exponential moving averages. Based on both the fundamentals and technicals, the...

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The 4-hour chart shows that the Enjin cost has opposed odds in the past few days. While most coins have slammed, Enjin has kept a somewhat bullish pattern. It is even only a couple of points beneath its most elevated level this year. The coin has additionally moved over the rising, It also seems like it is forming an ascending triangle pattern. This pattern is...

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DOGE is trading sideways in the wake of dipping under key levels prior in the week. On Tuesday, the altcoin expanded its week's misfortunes; falling beneath the critical help zone of 0.2500. On a three-hour chart, it is trading below the 25 and 50-day exponential moving averages. In the near term, I expect the prior support zone of 0.2500 to be a key resistance...

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ADA has extended the week’s losses in Wednesday’s session. Since mid-August, the psychological 2.0000 has been a crucial support level for the altcoin. However, by plunging further on Tuesday, it is now trading considerably below this zone. Currently, Cardano's price is down by 2.65% at 1.8. Since hitting its highest level in close to two months in the past...

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The 4-hour chart shows the FLOW price has turned higher in the last week. Furthermore, trading volume increased dramatically in the previous two days, which could suggest accumulation. As a result, the price is approaching trend resistance at $14.00. Successful clearance of the trend could provide a bullish catalyst targeting the October high of $21.28. Of...

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The daily chart shows that Kadena has gone vertical in the last couple of days. As you can see, the KDA token flat-lined for most of the year and only started to catch a bid in October. As a result, the Relative Strength Index reads 86.71, indicating the rally is incredibly overdone. Logically, an RSI of 86.71 suggests an imminent reversal. However, since when...

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The four-hour chart shows that the VeChain price has been in a relatively steady bullish trend in the past few weeks. The coin has risen by about 81% from its lowest level in September. It is now approaching its key resistance level, which was also the highest level in September. At the same time, the coin has moved above the 25-day and 50-day moving...