Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP climbed past a descending trendline resistance that has been in play since August. A recent report highlight how on-chain volume had been relatively low, despite the uptick in price. A technical indicator also reflectedContinue reading “XRP continues its newfound uptrend but there are some conflicting signs”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Aave has been a strong performer in the market in the past two weeks. Its market structure was flipped to bullish once the $150 level was broken and flipped to support. Data from Messari showedContinue reading “Can AAVE’s breakout over this resistance trigger a further rally”

Ethereum saw some selling pressure in the past couple of days, but this was not indicative of the end of the uptrend. Rather, it was likely only a minor pullback toward $3315 before another leg higher. Axie Infinity saw a pullback to a logical demand zone, and Waves was in up-only mode. Ethereum (ETH) EthereumContinue reading “Ethereum, Waves, Axie Infinity Price Analysis: 30 March”

The altcoin market has performed strongly in the past week, with Ethereum gaining nearly 15%. Axie Infinity, Cosmos, and Decentraland all followed the footsteps of Bitcoin and ETH and flipped former near-term resistance areas to support. Ethereum (ETH) At $3411, in orange, lies a level that marked yet another swing high on ETH’s downtrend. ThisContinue reading “Ethereum, Axie Infinity, Cosmos, Decentraland Price Analysis: 29 March”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cardano has broken out of a falling wedge that has been in play for many months now. The $1 resistance level, and the area of supply just above it, have been broken. Moreover, the $1.22Continue reading “What next for Cardano now that $1-resistance is broken”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In a single hourly session the previous day, Waves had traded a million tokens on Binance. This has been a relatively common occurrence for Waves in the past month, as there have been multiple hourlyContinue reading “With WAVES skyrocketing to a new ATH, is altcoin season around the corner”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Chainlink has been trading within a range from June 2021. In the past month, the price has dipped beneath these lows, but demand was sufficient to push it back higher. In other news, Chainlink becameContinue reading “Chainlink climbs back above $15, can it go higher in search of liquidity”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Filecoin stood #44 on CoinMarketCap, ranked by market capitalization. It has had an average trading volume of only around a hundred million per day in the past month, compared to multi-billion dollars in volume inContinue reading “Filecoin: Traders should watch out for this resistance before taking positions”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The market structure for Waves in recent weeks has been strongly bullish, although the past few days have seen a pullback for WAVES. Bitcoin also pushed toward a resistance zone at $45k and could seeContinue reading “How high can WAVES go at the back of this recent demand”

The altcoin market posted remarkable gains in the past week, but many hit resistance levels on their own charts as Bitcoin also stalled in a resistance zone. A pullback before another leg upwards appeared likely for Avalanche, while XRP continued to be in an uptrend. XRP In the past few days, XRP has registered aContinue reading “XRP, Avalanche, Polkadot Price Analysis: 26 March”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Has Solana broken the long-term bear trend? Technically, not yet. The highs at $106.4 and the band of supply at $120 could offer resistance to the bullish advance. Price is always attracted to liquidity, andContinue reading “Solana pushes towards $115 but here are some levels that can act as roadblocks”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Algorand has posted gains of nearly 20% in the past five days. The charts showed that there was some resistance to be found at $0.93, $1, and $1.1 according to an analysis of higher timeframes.Continue reading “Algorand: These support levels are a good place to look for buying opportunities”