Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin Cash has seen pretty low trading volume over the past few days, according to data from Messari. This suggested a lack of interest in the coin, and unless this trend changes, sideways movement onContinue reading “Bitcoin Cash: How far will BCH go in search of demand?”
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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 Axie Infinity has followed Bitcoin’s price movement pretty close on the charts, in terms of the timing and the direction. It has been more volatile than Bitcoin, which is usual for altcoins. It appears thatContinue reading “AXS in a low timeframe consolidation could mean this for traders”
The crypto market saw some relief on the price charts over the previous day after a strong drop in the past week. Litecoin saw a minor bounce from $102. and Algorand saw a bounce as well. Only ApeCoin had genuine demand in the past couple of days. Litecoin (LTC) Litecoin has a bearish outlook onContinue reading “Litecoin, Algorand, ApeCoin Price Analysis: 13 March”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum Classic has a bullish outlook for the next few weeks. Even on a longer timeframe, Ethereum Classic is at a place that offers a great risk-to-reward buying opportunity. The $34-$36 area presents an areaContinue reading “Ethereum Classic [ETC]: The next buying opportunity can be found at…”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has recorded losses of 16% in sixteen days. The market appears to be fearful once more, especially as BTC dropped below $40k. The Crypto Fear and Greed Index, at press time, stood at 20Continue reading “Bitcoin: Assessing the true soundness of BTC’s market structure”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Last week, a close look at on-chain metrics suggested that investors could be losing faith in Chainlink. Mid-March had seen investors exit the market and on-chain transactions drop, yet the price of the token hadContinue reading “What LINK’s momentary bounce means for its downtrend”
The crypto market saw a huge wave of selling over the past two days. Bitcoin fell by nearly 10% from $43.3k to $39.8k, and Solana and Tezos also posted similar losses. Solana has been in a near-term downtrend since the bearish retest of $136. EOS and Tezos also had a bearish outlook on the shorterContinue reading “Solana, EOS, Tezos Price Analysis: 12 April”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The inability of Bitcoin to hold on to the $44k area induced strong selling pressure across the crypto market, and The Sandbox was one of the coins affected. As Bitcoin plunged below the $44.4k level,Continue reading “Can SAND’s bullish structure and sustained demand pull it back from sub-$3 levels”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Data from Coinglass showed that, in the past few days, the percentage of short positions has been slightly greater than that of long positions. The long/short ratio has been climbing in the past week toContinue reading “MATIC sees a weak bounce inside a demand zone, what can it mean for traders”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Enjin Coin has been bullish for the latter half of March, but the recent sell-off saw a deep retracement. Can ENJ recover? The lower timeframe charts such as 1-hour presented a bearish picture. The priceContinue reading “Enjin Coin needs to flip this area to demand for bulls to push higher”
Bitcoin slipped beneath the $44k area and retested it as an area of supply the previous day, and there was selling seen across the crypto market. Terra and STEPN have been on a downtrend on the lower timeframes, while Waves has seen a severe drop that erased a significant chunk of the gains of theContinue reading “Terra, STEPN, Waves Price Analysis: 09 April”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin rallied from $37.7k to $48k in mid-March and Aave rallied alongside as it climbed from the $115 lows to $250. At the time of writing it had pulled back to $190. However, despite theContinue reading “Aave gets rejected at $205 but here’s why all hope isn’t lost yet”