Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Last week, a weighted sentiment report by Santiment showed that despite prices rising, the sentiment behind Polkadot was in negative territory. In the past three weeks, Bitcoin Dominance has been dropped slightly, which suggested capitalContinue reading “DOT: Is bullish impetus imminent? Yes, only if flipping the $23 area to…”
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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 Terra has had a solid run on the charts in recent weeks. In early March, news emerged that $30 billion worth of LUNA was staked across various platforms, compared to Ether at $27 billion. ThisContinue reading “Assessing LUNA bulls’ leverage to push past this order block”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice 1inch Network does not command a large share of decentralized exchange space, however, it was also not prey to large fluctuations in price. Indeed, on longer timeframes, the token 1INCH has been in a steadyContinue reading “1INCH breaks past March’s swing high, this is where it’s headed next”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin Dominance has been falling slightly in the past three days, from 44.04% to 43.05%. This meant that altcoins have gained some market share compared to Bitcoin. At the same time, Bitcoin saw a short-termContinue reading “Basic Attention Token: Pay attention to these demand zones for bullish prospects”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice RUNE has climbed past the $6.56 level and could retest the $6-$6.5 area in search of demand on a bullish run toward $10 in the days or weeks to come. The $5 level was brokenContinue reading “RUNE: A pullback before a resumption of rally seems imminent”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum had been consolidating beneath the $2600 level in the past week, and three days ago the price broke above this level to test the next resistance zone at $2800. It has been rejected, atContinue reading “Can Ethereum breach the crucial $2800 resistance and sustain a rally”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Avalanche has broken out of a descending channel recently and had a bullish outlook in the days to come. The trading volume behind AVAX was quite high in late February, touching the $600 million markContinue reading “Avalanche: Watch out for a breakout over $82 from this bullish pattern”
The past couple of days have seen Avalanche register strong gains in the market and reach a zone of supply. A retest of a former resistance level at $77.3 could be seen in the next few hours. NEAR has been trading within a range during March, while Algorand has seen some buying pressure recently andContinue reading “Avalanche, NEAR, Algorand Price Analysis: 18 March”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Candlewicks on daily charts into an area of former supply, currently demand zone can see a bullish impulse move away from the liquidity pocket. Such a scenario could be brewing for Litecoin on the dailyContinue reading “Going long on Litecoin might be a good idea if it touches these lows”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin always has a massive impact on the long-term trend of most altcoins. In the case of Cardano, the downtrend of Bitcoin from its highs near $69k has had a brutal effect on Cardano’s ownContinue reading “Cardano: The if and how of reclaiming this major level”
Axie Infinity had a bullish outlook in the short-term as it sought to flip $49 to support, while Aave zoomed past local highs. Bitcoin’s near-term bullishness and efforts to break past the $40.8k region have pushed up altcoin values such as Dash as well. Zcash was also on a good run recently as its longer-termContinue reading “Axie Infinity, Zcash, Aave, Dash Price Analysis: 17 March”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On lower timeframes, there was some indication on the charts in the past couple of weeks that Polkadot saw some compression in its price action. This could continue for a few days to come, beforeContinue reading “Is this a roadblock to Polkadot’s recovery in the months ahead”