Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice LUNA plunged from its all-time high at $119.55 on Binance, and it fell beneath the $84 area where the price saw a strong bullish impulse move in mid-March. However, the bulls would have some ropeContinue reading “LUNA establishes a temporary range but could it slide further down”
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice There was some fear in the market as Bitcoin hovered around the $40k mark. The stock markets have also not been extremely bullish. In fact, it can be argued that Bitcoin is following in theContinue reading “Loopring: Why this level has the potential to halt its long-term downtrend”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The XRP lawsuit notwithstanding, the token saw a bounce in prices as it touched the $0.8. The short-term downtrend from late March appeared to have been broken as the price broke the previous lower high.Continue reading “XRP: These are the levels to beat if XRP has to continue this bullish momentum”
The crypto market has been sideways in the past few days after an intense wave of selling. Binance Coin and Litecoin have also been moving sideways after a bounce in the past few days, however, the market structure still had a bearish outlook. Dogecoin has formed an ascending channel, while Waves also has a bearishContinue reading “Binance Coin, Dogecoin, Litecoin, Waves Price Analysis: 16 April”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A recent report explored whether Polkadot formed a cup-and-handle pattern and was preparing for a sharp move upward. The selling pressure across the market in the past few days ensured that such a move didContinue reading “How Polkadot managed to remain bullish while broader markets saw fear”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A large portion of the circulating Cardano supply is held by whales, and there was some evidence from an NVT spike that suggested that the token could be undervalued. ADA’s trading volume has also beenContinue reading “Cardano broke out of a falling wedge; the results have been…?”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The crypto market has been moving sideways in the past few days as Bitcoin established some near-term support at $39.4k, but at the same time was unable to climb past the $41.4k-$41.8k area of resistance.Continue reading “Zilliqa: Consolidation or a short term downside, here’s what the charts say”
Bitcoin was trading at $40.1k, just above an area of support at $39.5k. If Bitcoin sees a drop in the next few days, most of the rest of the altcoin market can be expected to follow. Terra and Solana appeared to be trading within a short-term range, although Solana had a more bullish outlook. TerraContinue reading “Terra, Solana, Shiba Inu Price Analysis: 15 April”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Chainlink did not see a strong bounce in recent hours, even as Bitcoin attempted to climb toward $42k. On higher timeframes, the price action of Chainlink has been bearish, although it did see respectable bullishContinue reading “Chainlink investors should watch out for a bullish reaction at these levels”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Avalanche has a market capitalization of $31.5 billion and stands tenth on CMC, ranked according to market cap. Since February, the price has traded within a range, and at press time, it appears to haveContinue reading “AVAX is expected to have a hard time recovering thanks to…”
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 $39.3k to $41.4k and posted some losses in recent hours to trade at $41.1k at the time of writing. TRON also reflected this minor bounce of Bitcoin on its ownContinue reading “TRON sees a relief rally; here’s what traders should know”
XRP has seen a low timeframe shift in momentum toward the bullish side, but the market structure remained bearish for XRP and some altcoins. The bounce in the price of Bitcoin the previous day spurred many tokens in the altcoin market to post some gains in recent hours. However, Axie Infinity and SushiSwap still hadContinue reading “XRP, Axie Infinity, SushiSwap Price Analysis: 14 April”