Author: Granit.M

DOT Key Highlights Polkadot battles the resistance at $28.5 high as it reaches overbought region The altcoin is in a sideways move below the $28.5 resistance zone DOT has a target price of $36 if the altcoin encounters a breakout DOT Current Statistics as It Reaches Overbought Region The current price: $28.52Market Capitalization:$31,467,861,602Trading Volume: $2,281,701,949Major supply zones: $48, $52, $56Major demand zones: $32,, $28, $24 Polkadot (DOT) Long-Term Analysis: Bullish Polkadot’s (DOT) price is in a smooth uptrend as it reaches overbought region. DOT price has traded and reached the high of $28.5 but could not sustain the bullish momentum…

Ripple retested a lower price level to move above $1.06400. The coin has similarly retested $1.06400 to climb above 1.31700. A successful breakout will see XRP/USD ascend to the next resistance at 1.64800. XRP/USD has retested the $1.06400 price level in a bid to keep up its bullish campaign. Ripple has had to face off with many hurdles on its way up, but the current level looks to be the toughest encounter. Today marks one week since Ripple have been trying to break above the key level. The bullish campaign began on the 21st of July 2021 when the coin…

Coinbase will be investing $500 million from its profits into digital assets; only platform delisting of assets will prompt divesting. 10% of the net profits per quarter will also be channeled into the digital asset portfolio of Coinbase, the largest US cryptocurrency exchange, aside from the $500 million investment coming from the current holdings. Brian Armstrong, the co-founder, and CEO of Coinbase tweeted today that the percentage allocated to crypto investments will grow alongside the maturity of the economy. https://twitter.com/brian_armstrong/status/1428489591665856512 Coinbase communicated to Medium that it is committed to investing in the cryptocurrency market. This investment would make Coinbase the…

EOS Key Highlights AS It Could Reach $8 EOS targets above $7.6 as it could reach $8 EOS faces rejection at the $5.25 high, uptrend likely EOS Current Statistics The current price: $5.27Market Capitalization:$5,436,134,338Trading Volume: $1,623,326,539Major supply zones: $5.4, $5.6, $5.8Major demand zones: $3.6, $3.4, $3.2 EOS Price Long-Term Prediction: Bullish On August 16, EOS/USD rallied to a high of $6 as it could reach $8. Sellers were attracted at the recent high as the bullish move was repelled. The altcoin has retraced to the low of $4.8 and resumed consolidation above the current support. After two days of consolidation,…

Cryptocurrencies have become one of the most profitable investments of the 21st century. With their volatility, traders have managed to gain huge profits. While it all started with Bitcoin (BTC) as the first cryptocurrency, Ethereum (ETH) fully utilized the concept of decentralization by providing various daily-life services. While Ethereum has been a wonderful investment as a cryptocurrency, it has also excelled at providing the space for developers to launch their projects in the Ethereum network. In this article, we are going to cover the essentials of Ethereum and look at what its future entails, especially after the full implementation of…

• BTC/USD trade has been able to make rebounding motion, having suffered a slight setback.• A bullish candlestick keeps a beefing-up manner from around the point of $45,000.• Expectation is on a higher note that the BTC/USD market bull will regain its momentum very soon.BTC/USD trade rebounds, having witnessed a setback in the last couple of days’ sessions. The daily chart shows that the bullish channel trend lines drew still play a relevant role. The recent downturn in the crypto’s valuation couldn’t successfully breach the lower bullish channel trend-line for sustainability underneath it. Currently, the market percentage rate is about…

ETH/USD market attempts correctional movement. The crypto economy still keeps a bullish trend outlook. There are indications suggesting some upsides for the market operations. The ETH/USD market operation attempts correctional movement around $3,000 and $3,500 after variant featuring price actions convergence. As of writing, the crypto’s price trades around a percentage rate of -0.87 to trade at about $2,989 level. The current downward formation of trading Japanese candlestick against the first value mentioned showcases that the crypto economy now faces the risk of more declines in the near time. The bullish trend-line drew to mark the point that price needs…

MATIC/USD is breaking up $1.50 level Buyers’ pressure increases Bears lose momentum The buyers may push the price above the resistance level of $1.50 which may increase to the resistance levels of $1.87 and $2.21. Inability to break up the resistance level of $1.50 may lead to price consolidation within $1.50 and $1.23, below the current price level are $0.89 and $0.21 support levels. Polygon Key Levels: Resistance levels: $1.50, $1.87, $2.21 Support levels: $1.23, $0.89, $0.31 MATIC/USD Long-term Trend: Bullish MATIC/USD remains under the control of the bulls. The buyers gained more pressure after the ranging movement within…

Bulls increased their momentum after violating $1.50. Cardano failed at the $2.25 resistance level and dropped to a lower price. ADA/USD has recovered to have another go at the $2.25 resistance. ADA/USD falls short of attaining its all-time high after fluffing at the $2.25 resistance level. This is on the back of a very impressive rally by Cardano which began last month, on the 21st of July. The rally itself is following the generally bullish outlook of the coin. This means that, despite the May 19 setback in the market, ADA/USD has remained in a general uptrend, with the market…

NEO Key Highlights as Crypto Shows Strength Above $48 NEO faces strong rejection at $59 as it shows strength above $48 NEO is in a downward move, may extend to $46 low The crypto is consolidating above the $48 support NEO Current Statistics The current price: $50.68Market Capitalization: $5,065,760,122Trading Volume: $387,856,650Major supply zones: $60, $70, $80Major demand zones: $40, $30, $20 NEO Price Long-Term Prediction: Bullish NEO/USD has resumed a downward move but shows strength above $48. On August 15, the crypto rallied to a high of $59.83. The upward move was stalled because the market has reached the overbought…