Ethereum Price Analysis – Technicals bullish as DeFi continues to lock up tokens
Technicals for Ethereum are bullish as the quantity of ETH locked in DeFi apps has increased significantly over the past year - potentially providing a new avenue to decrease the circulating supply.
Tezos Price Analysis – Technicals heavily bearish despite strong on-chain growth
The recent boom for DeFi related coins, and the related Tezos on-chain growth, has likely temporarily sucked buy-side demand away from XTZ in the near term. However, technicals for both the XTZ/USD and XTZ/BTC pair show bearish trend metrics.
Bitcoin Price Analysis – A strong bullish trend
Technical indicators for the BTC/USD market continue to show a strong bullish trend with the current spot price well above both the 200-day EMA and the Cloud.
Data Snippet – Price targets for the current Monero 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.
EOS Price Analysis – Technicals flip bearish
Technicals for both the EOS/USD and EOS/BTC markets are bearish, with spot prices below both the 200-day EMA and the daily Cloud.
ChainLink Price Analysis – On-chain metrics strong as oracle use increases
LINK run oracles have quickly become a mainstay of the DeFi universe. However, the flurry of on-chain activity is likely related to speculative demand and not necessarily organic use of the network.
Dogecoin Price Analysis – Market hits multi-year low
Any further lower lows on the DOGE/BTC pair will likely meet buyers who expect the high-reward, low-risk level to act as expected.
Litecoin Price Analysis – On-chain activity spikes with the release of a new decentralized game
Transactions per day rose 4x in September, after the release of LiteBringer, a PC-based fantasy game that uses Litecoin for microtransactions.
0x Price Analysis – DEX trading volumes reach nearly US$920 million
0x API activity has been dominated by the Uniswap v2 DEX with nearly US$920 million in trade volume through all tracked relayers in September.
Basic Attention Token Price Analysis – Publisher growth explodes as Ethereum fees hamper on-chain activity
Transactions per day have decreased substantially since June, which is likely due to the substantial increase in on-chain Ethereum fees.
Cardano Price Analysis – On-chain activity slumps after proof of stake transition
After years of development, Cardano recently enabled a staking testnet and mainnet. If a mainnet launch with staking is successful, exchange listings and exchange staking pools will continue to follow.
2020 Q3 Review – Decentralized Finance explodes
The on-chain effects for the boon in DeFi-related activities have been enormous, with a nearly 3x increase in the amount of Ethereum sent to DeFi contracts, and ETH transaction fees reaching stratospheric heights.
Monero Price Analysis – Bullish technicals and sound fundamentals
Fundamentals show active and continued incremental XMR network upgrades over the past two years, including decreased transaction costs, improved transaction efficiency, blockchain pruning, improved privacy, and improved custody solutions.
Stellar Price Analysis – Bullish trend coming to an end
Technicals for the XLM/USD pair reveal the end of a bullish trend with a pending bearish Death Cross.
Ripple Price Analysis – Death cross looms
Technicals for the XRP/USD pair are neutral to bearish, with the spot price above the 200-day EMA but below the daily Cloud.
Zcash Price Analysis – Shielded addresses underutilized
On-chain statistics show a rise in transactions per day and active addresses over the past few weeks. However, even with the integration of Sapling, shielded addresses are only being utilized by less than 20% of transactions.
