Crypto Market Analysis

Altcoins
Undervalued Altcoin: NEO Makes a Bounce, Attempts Recovery After Hitting Year-Low Levels – Technical Analysis

Going down with Bitcoin’s price drops, NEO has suffered greatly in terms of price action. NEO has hit its year-low level, which was last seen last December 2017. As of the moment, NEO is trading over Bitcoin at 0.0031 BTC…

Altcoins
Top 3 Undervalued Altcoins Based on Fundamental Analysis – ADA, NAS, ZIL

With the bleeding cryptomarket still apparently far from recovery, many altcoins have shed so much in terms of value. If you are looking for investment opportunities, here are the top 3 undervalued altcoins based on fundamental analysis. 1. Cardano (ADA)…

Bitcoin
Undervalued Altcoin: Ethereum Price Action Struggle, Attempts Recovery from Key Oversold Level – Technical Analysis

Since the cryptomarket bloodbath that began on the start of the year and got extended up to now, altcoin prices have struggled to stay afloat. Most altcoins in the market have lost more than 70% from their all-time high levels.…

Altcoins
Bitcoin Holds Support, Struggles to Spark Recovery – Technical Analysis

In the past week, after a sharp drop to the $5,800 level, Bitcoin shows signs of resilience holding strong support and consolidating around the $6,300. As of press time, Bitcoin trades at the $6,350 level, total market capitalization is at…

CRYPTONEWSBYTES.COM ETH Top 20 Coins Weekly Sentiment Analysis: The Drops Pertain in the Second Week of August
Crypto Market Analysis
Top 20 Coins Weekly Sentiment Analysis: The Drops Pertain in the Second Week of August

Although slight rises have been noted during the previous week, the market still seems to be acting sluggish, with some minor improvements visible in the market throughout the top 20 coins. While some of the toppers are missing out on…

Bitcoin
Bitcoin Records Another Year-Low, Struggles for Recovery – Technical Analysis

Just last week, Bitcoin has suffered yet another huge decline, generally attributed to the rejection recent SEC rejection of the Bitcoin ETF proposal by the Winklevoss twins and the pushback of the decision for the VanEck and Solid X ETF.…

Bitcoin
Bitcoin Price Pulls Back Due to SEC Decision While Altcoins Tumble, Wall Street Crypto King Still Bullish

Bitcoin is currently undergoing massive pull back after recording gains around the $8,400 level last week. This is after the news that the SEC rejected the ETF application by the Winklevoss twins. As of press time, Bitcoin is trading at…

Bitcoin
Bitcoin’s Case for Reaching $50K by the End of 2018 is Still Alive

A hedge fund trader and Bitcoin researcher recognised for his online alias “Spook”recently released a simple Bitcoin prediction making a solid case for $50,000 by the end of 2018. Bitcoin has experienced the same bear cycles for the past nine…

Bitcoin
Bitcoin Continues Bullish Rally Due to Pending ETF Approval, Price Breaks Major Resistance Levels But is Ripe for a Correction – Technical Analysis

The bullish move for Bitcoin continues as price action managed to break major resistance levels in the past three days. As of press time, Bitcoin is trading at the $8,335 level. Total market capitalization is now at $300 billion and…

Altcoins
Bitcoin Struggles to Hold Key Fibonacci Level, Altcoins Tumble – ETH, XRP, BCH, EOS Technical Analysis

When Bitcoin rallies, altcoins retreat. Three days ago, Bitcoin price recorded more than 10% gains and is currently consolidating around the $7,450 level, which is the 0.382 Fibonacci level. As of press time, Bitcoin price is at $7,478, total market…