Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ranked 93 on CoinMarketCap, Anchor Protocol has a market capitalization of $852.4 million. The lending and borrowing protocol’s token has appreciated by nearly 30% from the $2.41 lows to trade at $3 at the timeContinue reading “Anchor Protocol: The technicals to bear in mind before buying”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Harmony dipped to $0.135 lows, but was quick to bounce in recent hours and signaled that further upside was possible in the next few days. The indicators noted that momentum and selling pressure had beenContinue reading “Harmony [ONE]: With the value area lows breached, will the buying pressure continue”

The altcoins analyzed appeared to have dropped to a logical area of demand, based either on retracement levels or a higher timeframe bullish order block. At the same time, coins like Algorand and The Sandbox appeared to form a bearish chart pattern even though they had a bullish near-term structure that could see nearly double-digitContinue reading “Algorand, The Sandbox, Fantom Price Analysis: 08 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Uniswap was on a relentless downtrend as the bears sought to drive prices below $8.22, and a lack of demand was evident. The bearish trend hinged on two levels at press time. Even though theContinue reading “Uniswap: Analyzing the why behind UNI’s recovery that halted at $13”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Data from Messari showed that in the past week the trading volume has been quite high and hovered around the $400m per day mark for Cosmos. This was in stark contrast to the earlier weeksContinue reading “Cosmos: How likely a recovery is as ATOM slips below support amid intense selling”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Binance Coin is the exchange token of the largest cryptocurrency exchange by volume, Binance. On the charts, Binance Coin has had a bullish outlook in the past couple of weeks as it climbed past theContinue reading “BNB saw a bounce from a demand zone, can $460 be the next target”

The crypto market saw a large drop the previous day as Bitcoin fell by around 5%. Coins like MATIC and Dogecoin had been near strong support levels just as Bitcoin, and the wider crypto market, accelerated their fall in recent hours. This saw them pull back further, to areas that had significance on higher timeframes.Continue reading “MATIC, NEAR, Dogecoin, Avalanche Price Analysis: 07 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin rallied as high as $48k last week before seeing a pullback to trade at $44.8k at the time of writing. Even though Bitcoin was back in a zone of demand, it was unclear ifContinue reading “XRP holders can look to bid at these two support levels”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The movement of Litecoin on the price charts has a +0.96 correlation (30-day) with the movement of Bitcoin. This meant that the bullish phases of Bitcoin would also see price appreciation for Litecoin. Yet, whileContinue reading “LTC flips structure to bullish but why the macro trend is still bearish”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Is it a range or is it a consolidation? Was the Filecoin short-term price action bullish or bearish? The market structure in the near-term, which had been so bullish previously, appeared to be ranging forContinue reading “Decoding whether Filecoin is ranging, compressing, or pulling back”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice MATIC was trading at the lows of a short-term range that the price has traded within for nearly two weeks. The range lows also have the presence of a bullish order block. This meant thatContinue reading “MATIC buyers in the $1.57 area can manage their positions if…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The token of the decentralized exchange PancakeSwap, CAKE, has had a good run in the past week or two as the price appreciated by nearly 60% once the price retested $6 as support. At theContinue reading “CAKE could taste yummy after a flip of $11.1 to support”