Binance Coin Price Analysis – A strong bullish trend
Technicals for BNB/USD suggest a strong bullish trend with the spot price above both the 200-day EMA and daily Cloud. Immediate upside targets sit at US$51 and US$63 based on yearly pivots.
0x Price Analysis – Q4 2020 saw nearly $5.75 billion in trade volume through 0x exchanges
BTC and USD ZRX pairs show potential for a bullish reversal trade setup in coming weeks.
Basic Attention Token Price Analysis – Brave platform registers one million publishers
The Brave platform has over 1,000,000 registered publishers listed to collect BAT funds from Brave users on YouTube, Twitch, Twitter, Reddit, Vimeo, Github, SoundCloud, and other websites.
Dogecoin Price Analysis – DOGE/USD shows bullish Cloud metrics
The weekly DOGE/USD chart shows bullish Cloud metrics for the first time since 2018. In the near term, another move above 33 sats should be seen as a leading bullish momentum indicator.
Tezos Price Analysis – XTZ/BTC near all-time lows
XTZ/BTC sits near all-time lows with growing bullish divergence, which is suggestive of waning bearish momentum. Mean reversion targets could slingshot XTZ/BTC 3x over the next few months.
EOS Price Analysis – Dan Larimer resigns from Block.One
The EOS (EOS) platform was created by Block.One whose CTO Dan Larimer has announced his resignation. Technicals for EOS continue to show a bearish trend.
Monero Price Analysis – Google Trends up for the first time since early 2018
Worldwide Google Trends' interest in Monero has turned positive for the first time in years, as technicals for the XMR/USD pair remain bullish.
ChainLink Price Analysis – On-chain metrics and Google Trends near all-time highs
On-chain metrics for the LINK token, Github dev activity, and Google Trends previously showed a strong or continuous uptick in activity in early 2020, which supported the bullish rally and continuous bullish price trend. Over the past few weeks, all of these metrics have once again risen substantially.
Why decentralization matters
Recent events show that the more centralized institutions wield power and control, the more the world will react by moving towards decentralization.
Cardano Price Analysis – Transactions per day and active addresses hit new all-time highs
A quick comparison between coins using a staking mechanism shows ADA first in market cap, total daily transaction volume, and git commits on all repos over the past year. ADA is near the front of the pack in totally daily fees and in the middle regarding transactions per day, and daily active addresses.
Litecoin Price Analysis – Active addresses and google trends hit multi-year highs
Technicals for the LTC/USD pair reveal bullish trend metrics with the spot price above both the 200-day EMA and daily Cloud.
Ethereum Price Analysis – Technicals are bullish for the ETH/USD pair
Technicals are bullish for the ETH/USD pair based on current trend metrics, as the spot price is currently above both the 200-day EMA and the daily Cloud. Over the next few months, a target of US$1,220 is possible based on VPVR, yearly pivots, and a newly established bullish pitchfork.
Bitcoin Price Analysis – Active addresses near all-time highs
The Bitcoin network has far more active addresses than any other blockchain. A large uptick or sustained increase in daily active addresses can be seen as a bullish indicator for market prices as it suggests an increase in on-chain demand.
Zcash Price Analysis – BTC pair pushes all-time lows despite November block reward halving
On-chain statistics indicate a pickup in non-shielded active addresses over the past few weeks but a decline in shielded active address activity. Technicals for both ZEC/USD and ZEC/BTC show a bearish trend emerging for the pairs.
Yearn Finance Price Analysis – Bearish continuation likely in the near term
Although many copycat protocols have quickly been spun up in recent weeks, YFI will likely maintain its first-mover advantage in the months to come.
Data Snippet – Price targets for the current Ethereum bull run
Evaluating price discovery levels on a day-to-day basis can be difficult. Mapping out key levels of resistance in advance of any bullish price run can prevent shoot-from-the-hip decision making from creating a poorly planned trade.
