Tag Archives: trend

Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally

Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance, the widely-followed analyst cryptoamd is expecting the dominant cryptocurrency to dump below $10,000 and then be tapping resistance of $10,500. That’s the trader’s short-term view on the digital asset. Continue reading Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally

Dubbed Crypto’s Hot New Trend, Staking Raises Major Security Risks

During what has become the longest bear market to date in cryptocurrency, it’s no surprise that anxious investors are eager to find alternative strategies to continue making gains during the downturn. One of those strategies, which has become a hot trend in crypto, is the practice known as staking. Continue reading Dubbed Crypto’s Hot New Trend, Staking Raises Major Security Risks

Annotation on Nano Coin’s Unfaltering Market Trend

Nano cryptocurrency is a replacement to Fiat currency which looks out to revolutionize the blockchain technology completely by bringing in the Zero-fee transactions in real time and removal of energy consumption along with work intensive overhead characteristics of bitcoin. It was introduced into the market as ‘Raiblocks’ in 2015 and later in 2018; it was rebranded to Nano. Continue reading Annotation on Nano Coin’s Unfaltering Market Trend

Litecoin bullish trend under threat: Reaction to double-top pattern imminent

Litecoin joined the rest of the market yesterday to record slight gains above the short-term support at $31.50. The entire market correction to the upside, however, most assets are still trading closer to their key support levels. Litecoin, for instance, brushed shoulders with $32.50 but reversed the trend towards the above-mentioned support. Continue reading Litecoin bullish trend under threat: Reaction to double-top pattern imminent