2021 Altcoin Year in Review

2021 was a big year for altcoins as it was for Bitcoin. The altcoin season really began to heat up in January 2021 and extended into mid-May. The Altcoin index, which tracks the performance of 10 different cryptocurrencies, excluding Bitcoin, has gained over 566% during the first 4.5 months of 2021.

30 Dec 21

 

End of Year Roundup: How Bitcoin Fared in 2021?

Bitcoin (BTC), the world's largest cryptocurrency, started off the year soaring 129% to a new all-time high of $64,843 before experiencing the biggest crash in nominal terms. From April 14 high to June 22 low, Bitcoin lost over $36,000 of its value or 55.59%, before bottoming out.

30 Dec 21

 

The Breakaway Bullish – A Rare Pattern to Catch Bullish Price Reversals

The Breakaway Bullish is another candlestick pattern listed on our proprietary Cryptohopper Strategy Designer. If selected in the strategy designer, it will help traders catch bullish price reversals and would provide a buy signal.

30 Dec 21

 

How to Navigate the Crypto Bull and Bear Markets

While trading in cryptocurrencies, you have probably come across the terms “bull market” and “bear market”. Whether it is a stock exchange, real estate, or cryptocurrencies, bull and bear markets play a crucial role in defining the market trend and investor mindset.

29 Dec 21

 

Tron 32-Week Cycle Calls for Higher Price in 2022

The current 32-week cycle that is in play suggests that Tron's (TRX) price should rise at least until early July 2022. In this case, new highs are very likely to happen if the bulls can secure a daily break and close above the most recent intermediate swing high located at the $0.12 level, which can open the door for the 2021 high of $0.18 to be challenged.

27 Dec 21

 

YFI Starts New Bullrun!

Yearn.finance (YFI) crossed above the critical 200-day simple moving average, which is crucial for determining the start of a new bullish trend. This is the first daily breakout and close above the 200 SMA since the September failed attempt.

23 Dec 21

 

Ethereum Hashrate Close to Reach a New Milestone of 1 PH/s

The current Ethereum hashrate (ETH hashrate) is 966.48 TH/s (terahashes per second) at block height 13,815,060 with a difficulty of 11,597,818,274,026,348.00.

23 Dec 21

 

Types of Crypto Market States and What They Indicate

Over the past two decades, cryptocurrencies have created exponential growth in the digital world. Throughout the market’s development, one of its biggest challenges continues to be its price volatility. After all, the crypto market is still in its infancy and there is a lot to learn, especially for novice traders.

22 Dec 21

 

3 Ways to Tell if Dogecoin Has Bottomed

The price of Dogecoin (DOGE) has been down more than 82% from its all-time high of $0.74. One of the most challenging tasks for any crypto investor is to time the market and determine when the digital currency has bottomed.

20 Dec 21

 

Making Sense of AVAX Price through Elliott Wave Analysis

Avalanche (AVAX) has been one of the top-performing cryptocurrencies in the past 24 hours, with the price standing above the considerable psychological number of $100.

17 Dec 21

 

What Role do Crypto and NFTs Play in the Metaverse?

The Metaverse was recently thrust into the spotlight when Facebook’s parent company, which also owns Snapchat, Instagram, and Whatsapp, rebranded itself to “Meta”. That said, the Metaverse is not a new concept.

15 Dec 21

 

Will Chiliz Price Bounce Back After 63% Drop?

Looking at the daily chart, Chiliz's (CHZ) price is 63% below the previous swing high, but the price could bounce back towards $0.60 if the price action follows the same path it did after the mid-April sell-off.

13 Dec 21

 

GALA is getting ready for Another Bullish Run, This Pullback is a Bearish Trap

Gala (GALA) has gained over 415% in the last 30 days despite being down almost 50% from its most recent all-time high of $0.84.

10 Dec 21

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