Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice. In the hours prior to the time of writing, Bitcoin rallied sharply from $34.8k to $39k – but was unable to breach this resistance level despite pushing as far north as $39.8k. Following in its footsteps,Continue reading “$15.86 or $17.54? Can DOT traders expect to see demand in the next week”
Latest Articles from Akashnath S
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice The trend in recent months for Solana has been firmly bearish. In 2021, Solana and its native token SOL experienced tremendous growth. The price climbed from $1.5 at the beginning of 2021 to $259.9 at itsContinue reading “Could Solana see a bounce here as it approaches a demand zone”
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice. USD Tether’s dominance rose past the 5% mark. It was at 5.3% in mid-July, when Bitcoin traded at $29k and Cardano at $1. This all-important psychological level of support has given way in recent days, andContinue reading “Cardano: Should you buy the dip or sell the rip in the weeks to come”
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice Algorand took a turn to the downside following Bitcoin’s rejection at $39k. This was amidst turmoil in global markets as fear mounted in response to Russia’s moves in Eastern Europe. Some people argue this is aContinue reading “Algorand: How an old demand zone might give investors some respite”
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin faced rejection at the $39k resistance level and fell 11% in a matter of hours. WAVES followed the same path and also saw losses of 15%. However, it was climbing at the time of writingContinue reading “WAVES: Assessing if this support level will hold after retests”
There was an argument to be made that an XRP fractal could push the price past the $1 mark, as the coin went appeared to be in an accumulation phase on lower timeframe charts. On the longer timeframes, there were multiple levels of strong resistance to the upside for XRP bulls to overcome. In particular,Continue reading “XRP: Understanding where price is likely to face strong selling pressure”
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice Macroeconomic fears regarding inflation were reflected on the charts in the past couple of months as Bitcoin headed into 2022. The past few weeks have, once again, halted the momentum that bulls had built up. ThisContinue reading “Appraising the probability of Bitcoin staying above $37.5K”
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice LUNA has been on fire over the past couple of days as it rocketed from $48 to $57, at the time of writing, backed by steady demand. In fact, it has been one of the fewContinue reading “Up by 16% in 2 days, LUNA traders need to know this”
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice In late January and early February, Ethereum Classic appeared to break its long-term downtrend as it climbed from its $21.9 lows to $37.5 highs. This was a little more than 70% in gains over a timeContinue reading “This Ethereum Classic level could see further demand only if…”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice These have been uncertain times on the lower timeframes for Bitcoin and the entire crypto-market. The latest bullish move north was strongly reversed and the emotion that rules the market right now appears to beContinue reading “Avalanche [AVAX]: Can incoming demand flip market’s bearish bias”
Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin fell below the $39k area in the past few days as fears over inflation and invasion grew. In late January and early February, the short-term market structure flipped bullishly- but a crucial level of resistanceContinue reading “Ethereum: The different ways ETH’s price action can play out on the charts”
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin lost the $38k-level less than 48 hours ago. And, although market participants have seen high volatility, the overall direction has been to the downside. Fantom has followed Bitcoin’s footsteps and the price of FantomContinue reading “Fantom: Where to next after another support level bites the dust”