Analysis

Altcoin Price Analysis: Bears Slowdown, IOT/USD May Recover Today

The meltdown continues and even though fundamentals are strong, altcoin prices including those of ADA/USD and IOT/USD could consolidate after the last two day’s losses mostly because of yesterday’s high volumes and tight trade ranges. Needless to say, our forecasts remain constant. That’s unless there are sharp gains above immediate resistances nullifying this stand. Let’s […]

Analysis

Bearish Sentiment Mounts As Bitcoin (BTC) Plunges Below $4,400

When an overwhelming number of cryptocurrency investors thought it couldn’t get any worse, it did. Bitcoin (BTC), after falling under $ 5,800 on November 14th, continued lower on Monday and Tuesday morning, moving under a multitude of supposed support levels at $ 5,000, $ 4,800, and, most recently, $ 4,400. Altcoins, save for XRP, followed close behind ‘big daddy Bitcoin’, […]