Bitcoin bounced from the $38k level in the past couple of days, and this saw some altcoins bounce as well. However, for many of them, the downtrend remains unbroken. XRP and Waves are prime examples as their market structure remained bearish. STEPN, on the other hand, was pushing higher on the back of strong demand.Continue reading “XRP, STEPN, Waves Price Analysis: 28 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On shorter timeframes, announcements of technical improvements could be argued to have a positive impact on the price. A recent proposal to increase the block size of the Cardano mainnet appeared to be greeted byContinue reading “Cardano [ADA] could bounce to $0.9 in the next few days only if…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In March, Axie Infinity tokens were trading at $45, which was also a long-term support level for the price on the charts. As the month of March progressed, the bulls were able to initiate aContinue reading “Axie Infinity [AXS] slipped beneath $43, here are the next targets”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice According to data from Coinglass, more market participants were shorting the asset than longing MANA. That means the majority of the market participants had taken a bearish stance on the coin than the bullish side.Continue reading “MANA holders intone ‘could you find a way to let me down slowly’ as…”

Bitcoin has snapped from $38.2k to $40.6k and is back again at the $38k range in the past couple of days. This volatility has seen the altcoin market weave on the price charts as well. Dogecoin saw a sharp rally after multiple days of accumulation within a range. Litecoin, as well as Chainlink, continued toContinue reading “Dogecoin, Litecoin, Chainlink Price Analysis: 27 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Earlier in April, TRON broke out past a critical level of resistance on the price charts. News of the release of its native stablecoin, USDD, saw the coin surge by nearly 20% after this resistanceContinue reading “Tron’s [TRX] latest rejection might have the following implications”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Avalanche has been trading within a range for the most part in 2022, but the AVAX buying activity indicated the coming weeks could see gains. At the same time, daily trading volume has fallen heavilyContinue reading “How Avalanche [AVAX] investors should navigate this price range”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice MATIC dived toward $1.26, but its reversal was just as quick in recent hours. There was not sufficient demand to suggest that the bulls can drive further gains. However, a lot would depend on Bitcoin.Continue reading “MATIC could rise toward opposite end of this range and investors should…”

Bitcoin dipped briefly beneath the $39k mark but was quick to reverse on Monday and the trapped short positions fueled its bounce past $40k. This meant that the altcoin market also saw some temporary respite, even though the near-term outlook of many coins remained bearish. Tezos and Ethereum Classic appeared to have a strong zoneContinue reading “Tezos, Ethereum Classic, NEAR Protocol Price Analysis: 26 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin faced strong selling pressure around the $42.8k area, and another wave of fear rippled across the crypto market. This was not the case for ApeCoin, which occupied the 30th spot on CoinMarketCap, ranked byContinue reading “As ApeCoin breaks out of a range, can it push toward $20”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cardano saw a huge spike in recent days in the “age consumed” metric. This meant that a large amount of ADA changed hands after being dormant for a long time. This could be a bullishContinue reading “Cardano: Buyers kiss toodles on the bulls’ cheek thanks to…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Shiba Inu has fallen beneath a level of support and continued on its downtrend, but the slight rise in buying volume could be important. This was because, even though the market structure was bearish, thisContinue reading “What SHIB shillers should expect- Accumulation phase or steady downtrend”