Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Massive short positions on Bitcoin were opened on Bitfinex in the hours prior to press time. This could be a hint that smart money was building a position in expectation of a large drop inContinue reading “To ATH or not to ATH; here’s what’s next for Maker in the weeks ahead”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Waves continued higher on its wild rally of the past month. It reached a local high at $31 before pulling back to trade at $26.2 at press time. The announcement of the migration of WavesContinue reading “HODL or sell? Can WAVES hold on to these two levels for a next leg upwards”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The 2021 hype behind Cardano saw the price register enormous gains. Yet, the majority of the newly arrived investors of the past year appear to be at a loss. The inability to hold on toContinue reading “Cardano holders can expect these outcomes if buyers remain elusive”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The dominance of Tether, measured by the USDT Dominance metric, stood at 4.66% at press time. It has been rising over the past few months too. In fact, this has gone hand in hand withContinue reading “AVAX: Here’s where all the buying opportunities will be in the near term”

In the past few days, there has not been a clear trend for the crypto market. The trend has been bearish but when Bitcoin broke above the $39.4k, the near-term outlook appeared to have shifted to a bullish bias. Now, BTC was trading at $39.2k at the time of writing, and certain altcoins like PolkadotContinue reading “Polkadot, Cosmos, Gala Price Analysis: 10 March”

Bitcoin faced resistance at $42,000 in recent hours. One might ask, where was it headed? How would the altcoin market react? Well, the near-term outlook for the market was bearish- the next couple of days could see some losses. Chainlink struggled to hold on to a support level. Chainlink (LINK) Chainlink had appeared to flipContinue reading “Chainlink, Ethereum Classic, Filecoin Price Analysis: 10 March”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Last month, a report found that XRP supply distribution charts showed whales were accumulating more of the token, even as the XRP lawsuit dragged on. Over the last few weeks, Bitcoin Dominance has been climbingContinue reading “XRP needs to fulfil these conditions to confirm a bullish bias”

Over the past couple of days, Bitcoin‘s Dominance metric has been on the rise. Alongside the same, Bitcoin has also been making steady gains after hitting a local bottom of $37.3k. The altcoin market reacted positively to Bitcoin’s gains as Binance Coin broke out of its short-term range and Ethereum Classic rose past its resistanceContinue reading “Binance Coin, Ethereum Classic, Waves Price Analysis: 09 March”

Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice The past few hours have seen Bitcoin and many altcoins make strong gains, with LUNA being one of the strongest performers. Bitcoin’s move above $39k has sparked life into the bulls in the near term onceContinue reading “LUNA – To ATH or not to ATH; here’s what’s next for the in-demand alt”

In the hours preceding press time, Bitcoin climbed from $38.5k to $41.5k. This saw the altcoin market climb as well. Solana and EOS were just two of the coins whose short-term market structure appeared to flip from bearish to bullish. VeChain managed to hold on to a support level and looked to climb towards $0.051Continue reading “EOS, Solana, VeChain Price Analysis: 09 March”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana has emerged as the faster network in terms of transaction speed, according to a recent investigation. On the contrary, it is also a statement of fact that unique daily active signers have dropped sinceContinue reading “Here’s the to-do guide for Solana’s market bulls”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In November 2021, news came out that the U.S Consumer Price Index (CPI) rose by 6.8% when compared to the year prior. This signalled that inflation was higher than expected. Smart market participants asked aContinue reading “What risk-on asset Bitcoin should expect before smart money arrives”