Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin saw a bounce from the $37.5k level, and at press time was attempting to push past the $39k mark. This bounce saw the altcoin market post some gains in recent hours as well,Continue reading “IOTA sees a bounce from $0.5 amidst strong downtrend as investors…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin slipped beneath $38k, but sellers were unable to push prices any further south than $37.5k. It was unclear whether the buyers or the sellers are losing strength in the skirmish over the $38kContinue reading “Since BTC is likely to influence price of EOS, investors can take profit at…”

The altcoin market posted relatively high losses in the past few hours as Bitcoin saw a brief dip beneath the $38k mark, to post a low of $37.5k. This sent a ripple of fear across the market, but Bitcoin was attempting to flip $38k back to support at the time of writing. Litecoin, MANA, andContinue reading “Litecoin, Decentraland, Uniswap Price Analysis: 04 May”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. USDT Dominance, a measure of the crypto market cap possessed by Tether the stablecoin, has been rising toward 5% in the past month. The rise of this dominance metric indicated that market participants preferredContinue reading “This area can be used to buy Monero [XMR] with a longer-term time horizon”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. To be clear, the crypto market is at an especially risky area as Bitcoin floated just above a support level. In the weeks to come, fear could rear its head once more and forceContinue reading “TRON [TRX] investors could look out for buying opportunities at these levels”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin held on to the $38k level as support but has seen consecutive shallow bounces from the support level in the past ten days. If BTC falls beneath this support level, it could usherContinue reading “Would Shiba Inu descend lower on the price charts after a rejection at this zone”

XRP appeared to form a low timeframe range, while STEPN saw a strong bounce from an area of demand. However, the next day or two can be crucial for the crypto market as Bitcoin appeared to stand at a crucial juncture. PancakeSwap had a bearish leaning, but this could change if demand arrives following aContinue reading “GMT, PancakeSwap, XRP Price Analysis: 03 May”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Shiba Inu appeared to form a triangle pattern and has bounced weakly from the $0.00002045 support level in the past few months. At the time of writing, another level of support at $0.00002392 appearsContinue reading “As Shiba Inu bounces from long-term support, here’s what can happen next”

Dogecoin has been in a consolidation phase in the past few days, while STEPN and ApeCoin had a bullish outlook. Despite the bearishness in the crypto market in the past couple of days, GMT has managed to bounce from a region of technical importance. Dogecoin (DOGE) Based on DOGE’s surge from $0.122 to $0.171, aContinue reading “Dogecoin, Apecoin, STEPN Price Analysis: 30 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Stellar Lumens formed a range after a downtrend from last November, but in recent weeks buying pressure suggested a reversal could occur. There was a range formation on the charts, which can be thought ofContinue reading “Why XLM’s current accumulation phase presents a buying opportunity”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin rose from the $38k support level to trade at $39.7k at the time of writing. On the charts, $39.8k is a resistance level, as is $40.5k for BTC. Ethereum Classic has been on aContinue reading “Ethereum Classic [ETC] presents a good shorting opportunity thanks to this”

Bitcoin’s bounce from $38k has spurred many altcoins to see near-term bullish pressure as well. Chainlink was one such coin, while Solana also showed the possibility of a bounce. Cosmos faced strong resistance at $102. Solana (SOL) The Volume Profile Visible Range tool showed the Point of Control for SOL to lie at $102, basedContinue reading “Solana, Chainlink, Cosmos Price Analysis: 28 April”