Polkadot, Loopring, Tron Price Analysis – May 24, 2022

Bitcoin climbed towards $30,600 yesterday but plummeted towards the $29K value area as the broad market remains indecisive. The past couple of days had some alts, including Loopring and Polkadot, surging. It remains unclear whether the altcoins would continue the near-term uptrend and demand. Polkadot (DOT) The past ten days had Polkadot climbing beyond the … Read more

Stellar Lumens, Tezos, Polygon Price Analysis – May 18, 2022

The previous week had between hovering between $30,600 and $28,800, and the altcoin market imitated the sideways action by the king crypto. MATIC and Stellar Lumens struggled to overcome massive overhead resistance levels, whereas Tezos recorded waning buying momentum in recent days. Stellar Lumens (XLM) Crypto experts plotted Fibonacci retracement spots based on XLM fall … Read more

THORChain (RUNE): Why Current ‘Bullish’ Doesn’t Reveal Everything

THORChain attempts recovery following extended plummets within the past couple of days. Recently, the alternative token retests the structural support around the $3 price mark. RUNE traded near these levels on February 23 and July 21 last year, following colossal bearish runs. Things appeared somewhat similar this time as the token’s plunge emerged amid massive … Read more

Three Tokens to HODL Now – Avalanche, Algorand, and Calyx Token

Market players know Algorand (ALGO) and Avalanche (AVAX) as Ethereum competitors, but there’s Calyx Token (CLX), currently in the 2nd presale phase. This article analyzes three tokens with profitability potential amid uncertain times in the cryptocurrency world. Avalanche (AVAX): Top Choice for DeFi Followers Decentralized finance (DeFi) has been looking for protocols that solve Ethereum’s … Read more

11 May Crypto Prices: LUNA Drops 80% in 2 Days, SOL and SHIB Rebound

The cumulative crypto market capitalization hovered lower near $1.43 trillion, gaining 1% over the previous 24 hours. On the other side, the total crypto trading volume declined by 14% to $156.55 billion. Top large-cap cryptos rebounded today after the massive sell-offs that dominated the previous sessions. Nevertheless, the upswings stayed limited, indicating weak sentiments within … Read more

What for AAVE Investors amid a 98% Drop in Monthly New Accounts?

The massive crypto market crash on May 9 didn’t space any token, including Aave. The crypto market lost more than 186 billion within a day. While writing this content, the marketplace seemed primed for bearish runs, while panic-selling remained the dominant mode for cryptocurrency investors. AAVE and Its Painful Run Besides the spot market, AAVE’s … Read more

Algorand (ALGO) Surges as Bulls Target the $0.75 Value Area

Algorand’s outlook presents a bullish picture today. ALGO faces resistance near $0.7723. Algorand’s price established stable support near $0.6796. Algorand’s price outlook reveals bullishness today, following a 4.43% 24hr increase to $.7126. That comes after the alternative token plummeted towards the $0.6893 lows. For now, the token trades inside the two crucial levels between $0.7723 … Read more

Bitcoin (BTC): Evaluating Possibilities of Touching $372K Following Latest Retracement

Bitcoin has struggled within the previous six months. BTC’s sluggish performance kept most alts subdued. Moreover, the world’s dominant crypto has led the overall market down as all its recovery attempts encounter rejections almost immediately. The previous 30 days illustrate such developments. Bitcoin Price Action April remains the only month in 2022 to mark consistent … Read more

Philipp Plein Expects Clients to Make More Cryptocurrency Payments

Philipp Plein, a German fashion designer, predicted that cryptocurrency transactions might see its company generate up to $21m in revenue this year. Celebrated fashion designer, Philipp Plein, forecasts that more customers will utilize crypto when buying the firm’s products in 2022. He envisioned virtual coins to account for $15 million to $21 million of the … Read more

Can Demand Propel ApeCoin (APE) to $20?

Altcoins attempts recoveries following the latest slump in the overall marketplace. Meanwhile, most alts corrected their massive climbs from the past day, and APE is among the latter. APE Drops Before Upswings Though morning sessions of April 25 had ApeCoin on a 4.64% drop, the altcoin recovered and surged throughout the day, translating to a … Read more