Is the Lightning Network’s Advance Supporting Bitcoin’s (BTC) Recovery?

The largest crypto by value, Bitcoin, saw a spectacular $60 billion recovery within a day after the crypto reclaimed the $30,000 mark. That meant a relief following nine successive weeks of plunges that had BTC extending its losing streak record. Amidst recovery, Bitcoin’s scalability partner, the Lightning Network (LN), got faster. The Lightning Struck Bitcoin … Read more

Shiba Inu (SHIB) Price Analysis: Reversals Inside Triangle Might Trigger 12.5% Decline

Shiba Inu’s 2-week consolidation printed a descending triangle formation. The canine-themed crypto retesting the resistance trend-line might catalyze another decline towards the lower neckline. However, to which side will the setup breakout? Vital Points Shiba Inu’s price narrows inside the triangle and might witness a significant breakout soon. The vortex indicator nears a bearish crossover. … Read more

Polkadot (DOT) Explores Value Area Lows; Where to Put Stop-Loss?

Polkadot prices somewhat stabilized since the Terra fall and market-wide fear on May 12 as it formed a range near the $10 level. Nevertheless, that remains far from the $50 highs DOT once explored. The extended decline held on higher timeframes and started dragging Polkadot price lows within the lower timeframes. Can DOT record surges … Read more

Loopring (LRC): Possible Ramifications Following the $5B Trading Volume Milestone

Loopring (LRC) is one of the leading gainers, following an over 27% surge within the past week. That came as most large-cap cryptos traded in constricted ranges. The rally emerges amidst a vital Loopring development, but the altcoin seems on the verge of more uptrend because of the massive milestones observed this week. The latest … Read more

Cardano (ADA): On-Chain Metrics Disclose Profit-Booking Spot for Holders

While the crypto community awaits the much-anticipated Vasil Hard fork, launching next month. The Cardano platform seems to have what it takes to keep its customers alert amid pessimistic market tendencies. Cardano Anticipated Change Cardano witnessed similar sensations shift in August last year when it launched smart contracts capabilities amidst the Alonzo hard fork. However, … Read more

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

Here’s Why Solana (SOL) Will Record Explosive Upsurges Beyond This Mark

Solana steadily moves towards the near-term target at $77. Enthusiasts can enjoy a 48% surge to $77.98, with a potential extension to $80. A 24hr candlestick closing under $44.91 will cancel SOL’s bullish thesis. Solana has had its price consolidating beyond a steady support barrier for around two weeks and gradually climbing higher. Patient market … Read more

Bitcoin’s (BTC) Color On May 22: Green or Red?

Bitcoin still appears to hide and recover from the somewhat exhausted bearish chase. Though the king crypto made several efforts to rally, the $30,000 mark proved challenging to crash. While publishing this content, BTC traded at $29,339. Nevertheless, Does Bitcoin plan to continue pleasing sellers or bulls regain their lost glory? Let us check what … 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