Ethereum Price Analysis – DeFi apps continue to lock up the asset
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.
Tezos Price Analysis – Smart contracts and dapps have yet to take hold
The recent boom for DeFi related coins has likely temporarily sucked buy-side demand away from XTZ in the near term. Nonetheless, announcements this week that the French Central Bank plans to experiment with Tezos for a Central Bank Digital Currency have bouyed the project - and network fundamentals reflect a nascent chain with rising daily transactions and increasing active addresses over the past year.
Bitcoin Price Analysis – Bulls attempt recovery
A bullish recovery attempt has begun to form near the US$10,000 psychological support. In the months to come, Bitcoin may reach new highs swiftly as quantitative easing and global central bank money printing surge to unparalleled levels.
Dogecoin Price Analysis – back to range lows
While currently sitting near a cycle-low, the DOGE/BTC spot price represents a low-risk, high-reward trading zone for long participants.
EOS Price Analysis – Technicals reveal bearish trend metrics
Technicals for both EOS/USD and EOS/BTC reveal a bearish trend metrics with prices below both the 200-day EMA and the daily Cloud.
Grin Price Analysis – Bearish trend metrics
Both the GRIN/USD and GRIN/BTC pairs show bearish trend metrics, with spot prices below both the 200-day EMA and daily Cloud.
ChainLink Price Analysis – Price and on-chain metrics spike to record highs
On-chain metrics for the LINK token, Github dev activity, and Google Trends all show a strong or continuous uptick in activity over the past several months, which supports the recent bullish rallies and continuous bullish price trend.
Decred Price Analysis – A record number of active addresses despite bearish trend metrics
On-chain metrics have risen substantially since August, which may be due to a combination of DEX, privacy, and staking initiatives. Technicals for both the DCR/USD and DCR/BTC pairs show a bearish trend.
Augur Price Analysis – A bullish trend with V2 on the horizon
With the eventual full release of V2, a host of improvements have the potential to breathe life into what has essentially become a ghost town of a decentralized application.
Basic Attention Token Price Analysis – Technicals for USD and BTC markets are bullish
With the BAT price above both the 200-day exponential moving average and the daily cloud, a bullish trend is confirmed for the Basic Attention Token.
0x Price Analysis – DEX trading volumes top $500 million in August
0x relayer trades and trade volumes have increased substantially over the past few months and with staking now live the ZRX token has finally found a use case other than buy and hold.
Cardano Price Analysis – Transactions and Active Addresses hit record highs
Cardano transactions reached nearly 9,000 on August 4th, at the same time monthly active addresses have increased substantially since the beginning of the year and recently hit a new monthly all-time high of just under 20,000.
Monero Price Analysis – Transactions per day reach new all-time high levels
Monero transactions per day have recently breached new all-time-highs, while technicals for the XMR/USD pair are bullish. The XMR price is above the 200-day EMA and the daily Cloud, with a Golden Cross.
Stellar Price Analysis – Transactions per day on the rise
Transactions per day have increased dramatically over the past three months, reaching a new all-time high, as average transaction values have held near US$1,000 - USD$2,000 in the same period.
Ripple Price Analysis – Golden Cross in USD markets
A Golden Cross recently occurred in the XRP/USD markets, which last occurred in May 2019. Technicals indicators for the pair are broadly bullish, as the spot price has also crossed above both the 200-day EMA and the daily Cloud.
Litecoin Price Analysis – Golden cross forms as on-chain activity blooms
Technicals indicators for the LTC/USD pair show bullish trend metrics with the spot price above both the daily 200-day EMA and the daily Cloud. Fundamental indicators have begun to increase over the past few months after remaining stagnant for the prior two years.
