Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The sentiment behind Axie Infinity has gone to a whole new level in the past few days. Smooth Love Potion is a token used to breed Axies within Axie Infinity, and the token saw aContinue reading “Axie Infinity breaks out of a bullish pattern, but this is how far it can rally”
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The altcoin market was bullish on lower timeframes, as Bitcoin and Ethereum led the crypto rally. Demand drove the rallies, and bullish market structures seem to be established for many altcoins on lower timeframes. Apecoin was an exception and was unable to push past previous highs and appeared to establish a range. Cardano and MATICContinue reading “ApeCoin, Cardano, MATIC Price Analysis: 25 March”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Stellar Lumens has seen steady demand in recent days. Interestingly, despite the bullish advance, trading volume and transactions count (daily basis) has remained pretty much unchanged in the past month, according to data from Messari.Continue reading “As XLM breaks out of a compression phase, here’s where its headed next”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin Cash has been in a steady downtrend since November last year, but in the past week, the coin showed some evidence that this trend could be broken, or at the very least stalled. ThereContinue reading “BCH: Why despite flipping a resistance, it remains tough to buy into”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Why has Ethereum Classic seen a wild surge in prices in the past week and a half? It could be down to many factors. One of them was the anticipation of the “fifthening” on 15Continue reading “Ethereum Classic is on a strong uptrend, but these lows could be revisited”
Solana broke above the $90 level and showed some near-term bullish strength as it headed into a bearish order block in the $95 region. Loopring saw enormous demand the previous day, and the large buying volume drove the price to test a significant resistance level at $1.23. ApeCoin has a bullish market structure as well.Continue reading “Solana, Loopring, ApeCoin Price Analysis: 24 March”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The Polygon chain has hit some bumps on the road over the past few months. The “critical network vulnerability” that cropped up in December was subsequently fixed, and the Total Value Locked on the chainContinue reading “MATIC: This is key to flipping the bearish market structure”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin Dominance had found a bottom at 39.5% in January and has slowly been rising. This indicated that the capital flow was directed toward Bitcoin and away from altcoins. Moreover, the USDT (Tether) Dominance hasContinue reading “What Bitcoin trading in this consolidation phase holds for the future”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Decentraland is the largest metaverse coin by market capitalization, standing at $4.49 billion at press time. It has registered gains amounting to nearly 8% in the past week alone. Even though the coin has beenContinue reading “MANA: A breakout over this resistance region could bode well”
The altcoin market reacted well to the bullishness of Bitcoin in recent hours. Polkadot and XRP climbed past significant short-term levels, while Zcash presented areas where buying opportunities could arise. Dogecoin hinted at a possible lack of demand in the rally of the previous day. Polkadot (DOT) Polkadot formed an ascending channel pattern (white) onContinue reading “Polkadot, XRP, Zcash, Dogecoin Price Analysis: 22 March”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has been in a consolidation phase in the past month two months, as the price faced stiff resistance in the $45k area. At the same time, Bitcoin has registered higher lows on the dailyContinue reading “Here’s why Solana’s downtrend is going to be difficult to reverse”
The markets had a bullish tinge in recent hours as heavy bidding pumped Bitcoin to $43k. Binance Coin and much of the rest of the altcoin market followed suit and registered strong gains. Stellar Lumens and Shiba Inu had a bullish leaning as well, while ApeCoin also suggested that its market structure flipped to bullish.Continue reading “Binance Coin, Shiba Inu, Stellar Lumens, ApeCoin Price Analysis: 22 March”