Although the market recovered pretty quickly after 24 February, the bears continued to circle around. The likes of Solana, ETC and FTM projected similar trends on the 1-hour chart. Solana (SOL) SOL lost its advantage as it fell from the $105.40 mark to gain support at $77.50 on 24 February. However, the buyers came to […]
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After picking itself up from the golden Fibonacci level, Terra (LUNA) grew in an up-channel while marking rampant gains. Going forward, any close below the trendline support (white) would brace LUNA for a 23.6% Fibonacci […]
Though blockchain-enabled consortia became the modus operandi for enterprises, today, they are in a different Web3-infused landscape and it’s vital that they adjust well.
When a cryptocurrency makes a name for itself in the market, it is because of the positive price action usually. However, Algorand seems to have defied that narrative. Instead of making the investors optimistic, ALGO has kept them down in losses. On closer inspection, it appears that ALGO’s journey to the south is not over yet. […]
Fantom was being considered a good investment option during the bear market of 2021. By marking its ATH in January 2022, Fantom seemed to be in a good spot. However, the FTM holders witnessed a shock when the coin fell by almost 50%. To add to the woes, the token’s price trajectory of late has […]
Projecting similar patterns of development over the past week, AXS and AlGO were most likely to see a further drop in prices while MANA seemed to be a bit more stable than the rest. Axie Infinity (AXS) Axie Infinity dropped down from the $65.68 mark during mid-February to gain crucial support at the $42.63 level, […]
Chainlink investors were hopeful that February would turn the tide around for the market. Although that didn’t happen. Consequently, there was a high hope from March. However, investors were disappointed within the first five days of March as LINK invalidated all of February’s recovery. Chainlink wedged It’s been ten months now since Chainlink hit its […]