Analysis Archives - KogoCrypto | Latest & Breaking News from Cryptocurrency | Bitcoin | Altcoin | Blockchain

Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move. Bitcoin (BTC) has...

Analysis

Did you catch the Bitcoin drop? Bitcoin’s price has recovered some of its losses with a new surge to $57,500.

October 13, 2021

The downside does not last long, as Bitcoin price action quickly returns to mid-May levels. Bitcoin (BTC) was back at $57,000 on Oct. 13 after...

Analysis

The price of bitcoin is correcting, but what does futures data show?

October 13, 2021

Bitcoin's price was rejected near $58,000, but derivatives data show traders were neutral-to-bullish, allowing for a new all-time high in 2021. Bitcoin had been underperforming...

Analysis

Axie Infinity: Why shorting may be a better option for traders right now

October 12, 2021

Axie Infinity's position was further weakened by a descending triangle, as the alt continued to lose ground after a remarkable run up to an ATH...

Analysis

China’s crypto ban: Should you buy the dip or be concerned?

October 12, 2021

China's regulatory policies towards cryptocurrency were once a major driver of market activity. The People's Bank of China (PBoC), China's central bank, issued a memo...

Analysis

BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI Price Movement Analysis for 11th October, 2021

October 12, 2021

According to analysts, Bitcoin has begun its journey towards a new all-time high, and the sideways movement of altcoins indicates that traders are shifting funds...

Analysis

The US debt ceiling crisis: A driver of crypto’s ultimate decoupling?

October 11, 2021

Many people in and out of the crypto industry believe that the political standoff over raising the debt ceiling will make digital assets more appealing...

Analysis

Bitcoin’s $100K price target resurfaces as the price of BTC breaks out of a bull pennant.

October 11, 2021

The bullish analogy appears as Bitcoin reserves across all crypto exchanges fall to their lowest level in the previous 12 months, indicating traders' holding sentiment....

Analysis

Cardano, Binance Coin, Solana Price Movement Analysis for 10th October, 2021

October 11, 2021

Cryptocurrencies continued to trade in the green on 10 October. The global cryptocurrency market cap noted a 0.69% increase to reach $2.29 trillion, however, the...

Analysis

This week’s top five cryptocurrencies to watch are: BTC, DOT, UNI, LINK, and XMR.

October 10, 2021

Bitcoin could gain traction above $56,100, attracting investment in DOT, UNI, LINK, and XMR. Bitcoin (BTC) has remained close to the $55,000 mark. Bitcoin's market...

Analysis

Shiba Inu is now a top-20 cryptocurrency, with the SHIB price increasing by 300 percent in just 9 days.

October 10, 2021

The Dogecoin fork outpaced popular blockchain protocols such as Stellar and Polygon to become a $11 billion cryptocurrency project. The rise in the price of...

Analysis

Why do bulls continue to hold all of the aces in the Ethereum market?

October 10, 2021

As ETH gained a foothold above $3,500, the appearance of short-bodied candlesticks signalling a period of indecision among buyers. The world's largest altcoin was now...

Analysis

Filecoin will rise to the occasion by attempting a breakout.

October 9, 2021

The altcoin market has relived some of the buying pressure that accumulated during the first week of October. Most altcoins have entered a lull as...

Analysis

Binance Coin: How can traders profit from shorting this setup?

October 9, 2021

Given the lack of on-chain activity and the lack of development progress, it is safe to assume that retail interest is the primary driver for...

Analysis

Protocol Labs Wants to Help Clean Up Crypto’s Negative Environmental Image

October 9, 2021

The claim that mining new currencies such as Bitcoin is bad for the environment and contributes to climate change is a significant issue that continues...

Analysis

BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI Price Movement Analysis for 8th October, 2021

October 8, 2021

Bitcoin and a few altcoins are seeing increased selling, indicating that short-term traders may be taking profits after the recent rally. According to JPMorgan in...

Analysis

Ethereum risks fall below $3.2K as the ETH price encounters significant resistance.

October 8, 2021

On Ethereum's multi-timeframe charts, a convergence of at least three different bearish indicators appears, indicating that the current bull run may be coming to an...

Analysis

Crypto and pension funds: a match made in heaven, or perhaps not?

October 8, 2021

Pension funds, the most conservative institutional investors, are now taking a closer look at the burgeoning crypto and blockchain sector. There are several compelling reasons...

Analysis

Why is Dogecoin still shaky below this critical price zone?

October 8, 2021

The first week of October was a good one for Dogecoin. The popular'meme coin' leader began a rally from $0.193 and increased by 36%, aided...

Analysis

Price options for Ethereum: All $250 million in bearish bets for Friday are in the red.

October 8, 2021

Bears are in big trouble because ETH bulls are expected to pocket $115 million from Friday's option expiry. Since September 1, Ether (ETH) has been...

Analysis

CME Bitcoin derivative traders had ‘paper hands’ as BTC surpassed $55,000 — Source

October 7, 2021

Traders sold long Bitcoin derivatives contracts ahead of the October price rally, ignoring solid on-chain fundamentals. Bitcoin (BTC) derivatives traders on the Chicago Mercantile Exchange...

Analysis

According to a study, cryptocurrency exposure has a positive impact on investment portfolios.

October 7, 2021

The study also concluded that a temporary decline in the crypto market and volatility are insufficient to diminish the importance of cryptocurrencies in investment portfolios....

Analysis

Bitcoin bears risk becoming trapped if the price of BTC remains above $50,000 — here’s why.

October 7, 2021

The causes of the BTC rally are most likely the hash rate, supply shock, and credit risk in the United States. As Friday's $860 million...

Analysis

BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI Price Movement Analysis for 7th October, 2021

October 7, 2021

Bitcoin has broken through the overhead resistance, which has pushed several altcoins higher. On Oct. 6, Bitcoin (BTC) surpassed the $1 trillion market capitalisation, bringing...

Analysis

The long game: Institutional interest in cryptocurrency is just beginning.

October 6, 2021

A growing list of mainstream financial entities have continued to increase their exposure to crypto over the last year or so. The old adage “The...

Analysis

BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, LUNA, UNI Price Movement Analysis for 4th October, 2021

October 5, 2021

Bitcoin bulls have set their sights on $50,000, and this renewed push is driving up the prices of large and small-cap altcoins. Bitcoin (BTC) is...

Analysis

Ethereum Classic, VeChain, Tezos Price Movement Analysis for 4th October, 2021

October 4, 2021

Altcoin industry depicted mixed trading sessions with some coins losing their value and others securing fresh all time highs. Ethereum Classic dipped and was nearing...

Analysis

Cardano, Solana, Algorand Price Movement Analysis for 4th October, 2021

October 4, 2021

Over the last 24 hours, the cryptocurrency market saw a drop in prices as several industry altcoins met with lower buying strength. Cardano was trading...

Analysis

XRP, Terra, Avalanche Price Movement Analysis for 4th October, 2021

October 4, 2021October 4, 2021

After a few good days of trading at the beginning of the month, most major altcoins were seen trading in the red today. XRP, Terra,...

Analysis

Current week’s top five cryptocurrencies to watch are BTC, LUNA, ATOM, XTZ, and AXS.

October 3, 2021

Bitcoin's strong recovery to $49,000 has boosted bullish sentiment, which may provide additional impetus for LUNA, ATOM, XTZ, and AXS to rise in the short...

Analysis

XRP, Solana, OMG Price Movement Analysis for 3rd October, 2021

October 3, 2021

The cryptocurrency market was mostly trading in the green with some coins registering rallies and others positively consolidating on their respective charts. XRP could revisit...

Analysis

Bitcoin Cash, Terra, Binance Coin Price Movement Analysis for 3rd October, 2021

October 3, 2021

Altcoins such as Bitcoin Cash, Terra and Binance Coin experienced revivals owing to a substantial increase in buying strength. The coins mostly consolidated over the...

Analysis

Aave, Maker, and Compound: This is the correct way to assess their worth.

October 3, 2021

The TVL, or total-value-locked, is a technical metric that has been widely used to assess the performance of DeFi lending platforms. Simply put, it calculates...

Analysis

These factors will pave the way for XRP to reach $1.30.

October 3, 2021

XRP avoided a bullet after a symmetrical triangle appeared on its chart. Bulls were able to seize control and fight for higher ground after a...

Analysis

What to Expect in the Next 48 Hours for Bitcoin Cash

October 3, 2021

After rebounding from the $470-support level, Bitcoin Cash appeared poised to challenge some significant price levels. A crossover between the 4-hour 20 and 50 SMAs...

Analysis

AXS has gained more than 150 percent in the last 12 days, but is this rally too good to last?

October 2, 2021

To say Axie Infinity has been on a tear would be an understatement. Its price increased from $48 to an all-time high of $120 in...

Analysis

Bears intend to keep Bitcoin below $43K until Friday’s $700M expiry.

October 1, 2021

On Friday, $700 million in Bitcoin options expire, and derivatives data indicates that bears are well-positioned to profit from a Bitcoin price of less than...

Analysis

LUNA Price Movement Analysis for 29th September, 2021

September 29, 2021

LUNA appeared to be nearing an important crossroads on its chart, as a double bottom formed at $33 had the potential to materialise into a...

Analysis

BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA Price Movement Analysis for 27th September, 2021

September 28, 2021

Bitcoin and most major altcoins have recovered from last week's sell-off, but they continue to face selling at higher levels, implying that the market may...

Analysis

Current week’s top five cryptocurrencies to watch are BTC, AVAX, ALGO, XTZ, and EGLD.

September 27, 2021

Bears continue to put pressure on the BTC price, but any signs of consolidation could lead to an AVAX breakout. ALGO, XTZ, and EGLD China...

Analysis

Cardano, AVAX, Dogecoin Price Movement Analysis for 26th September, 2021

September 26, 2021

The month of September has, all in all, proved to be a difficult month for the crypto market. The market encountered yet another round of...

Analysis

Cardano, BitTorrent, Dogecoin Price Movement Analysis for 25th September, 2021

September 26, 2021

Many altcoins have shown consolidation and slight gains in the last 24 hours as they recover. Cardano advanced and targeted its immediate opposition. Despite technical...

Analysis

This could pave the way for XRP to rise above $1, possibly to $1.29.

September 26, 2021

The month of September has not been kind to XRP. As a result of multiple mini-crashs during the month, XRP's 30-day ROI fell to more...

Analysis

Binance Coin, Sushiswap, DASH Price Movement Analysis for 25th September, 2021

September 25, 2021

As a result of the broader market recovery, several coins, while recording minor gains, were mostly trading sideways. Binance Coin, Sushiswap, and DASH all experienced...

Analysis

Litecoin Price Movement Analysis for 25th September, 2021

September 25, 2021

The cryptocurrency market has seen a number of mini-crashs in September. While some alts have weathered multiple waves of selling pressure, others have struggled to...

Analysis

Tron, Algorand, VeChain Price Movement Analysis for 25th September, 2021

September 25, 2021

Tron, Algorand, and VeChain have all consolidated in the last 24 hours. Although the coins showed signs of recovery, this had yet to be reflected...

Analysis

LUNA Price Movement Analysis for 25th September, 2021

September 25, 2021

Since it fell by 35% during 7 September’s sell-off, LUNA has done well to recover ground on the charts. A 100% jump was observed in...

Analysis

EOS, BAT, Ethereum Classic Price Movement Analysis for 25th September, 2021

September 25, 2021

The last 24 hours saw buying pressure dip across the board. This contributed to major altcoins dipping on their respective charts. While EOS was close...

Analysis

Bitcoin Cash, AAVE, Verge Price Movement Analysis for 25th September, 2021

September 25, 2021

As buying pressure entered the market, the broader market gradually moved north. Bitcoin Cash, AAVE, and Verge quickly followed. Bitcoin Cash gained 3.7 percent but...

Analysis

All of them bark and some of them bite. China’s Bitcoin ban places traders in a state of ‘fear.’

September 25, 2021

Bitcoin derivatives markets shifted from neutral to bearish following China's 'crypto ban' announcement, which caused the BTC price to fall to $40,600. China has once...

Analysis

With new regulations, Ukraine joins the ranks of crypto-friendly countries.

September 24, 2021

In contrast to Russia, Ukraine has passed legislation that will facilitate the adoption of cryptocurrencies within the country. Depending on the jurisdiction, the legal status...

Analysis

Binance Coin, AAVE, Decred Price Movement Analysis for 23rd September, 2021

September 24, 2021

The likes of Binance Coin, AAVE, and Decred all gained on their respective charts over the last 24 hours. BNB saw a considerable 7% hike...

Analysis

Ethereum Price Movement Analysis for 23rd September, 2021

September 24, 2021

So far in September, Ethereum has presented both bullish and bearish arguments. At the beginning of the month, ETH rose nearly 30% to a 16-week...

Analysis

XRP, Waves, VeChain Price Movement Analysis for 23rd September, 2021

September 24, 2021

XRP recorded gains right after Bitcoin and Ethereum surged on their own charts. In fact, the altcoin was eyeing a breach of its immediate resistance...

Analysis

Dogecoin Price Movement Analysis for 23rd September, 2021

September 24, 2021

Dogecoin has had a rough month and a half, battered, bruised, and possibly overshadowed by its smaller counterparts. Since mid-August, the meme coin has lost...

Analysis

Monero Price Movement Analysis for 23rd September, 2021

September 23, 2021

The altcoin market was seeing some recovery after recent sell-offs, buoyed by Bitcoin's resurgence to $44k. Monero, which has historically had a strong correlation with...

Analysis

Bitcoin Cash, Cosmos, Maker Price Movement Analysis for 23rd September, 2021

September 23, 2021

Leading cryptos such as Bitcoin and Ethereum gained over the last 24 hours. Many altcoins also logged some form of price appreciation. COSMOS, however, hiked...

Analysis

EOS, BAT, Zcash Price Movement Analysis for 23rd September, 2021

September 23, 2021

The wider cryptocurrency market has been extremely weak over the past few days. The same, perhaps, can be said for the likes of EOS, BAT,...

Analysis

Evergrande crisis: Should you buy the dip or avoid it? Experts weigh in

September 22, 2021

Marty Bent, co-founder of Bitcoin mining firm Great American Mining, is relieved to be holding Bitcoin as the legacy financial system faces uncertainty. As the...

Analysis

Bitcoin Cash Price Movement Analysis for 21st September, 2021

September 22, 2021

Despite a strong start in September, Bitcoin Cash appeared to have taken its foot off the gas. Between the 7th and 20th of September, the...