Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin attempted to climb above the $44.4k resistance a few hours prior to press time. In the past couple of weeks, Bitcoin has made steady gains, and the altcoin market also piggybacked on this bullishContinue reading “Dogecoin hauls itself past $0.14, but can it flip the long-term downtrend”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP soared above the $0.64 level after it flipped this level from resistance to support in the past few days. Bitcoin’s bullish momentum in recent days has seen XRP climb back into a descending channel.Continue reading “As XRP reaches a level of resistance, can profit-taking kick in soon”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin Cash broke above the $315 level and retested it as support in the past week before climbing to the $350 extension level, which was also an area of significance for the price. In theContinue reading “Bitcoin Cash could be heading back towards this liquidity pocket”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin broke past multiple levels of resistance in the past few days and was trading above $45k at the time of writing. This has seen many coins across the altcoin space post sizable gains, includingContinue reading “MATIC looks very positive as it trades above a crucial former resistance level”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Loopring stood ranked #76 on CoinMarketCap with a market capitalization of $1.3 billion, at the time of writing. Like many altcoins, Loopring faced heavy selling pressure in late November and all of December as itContinue reading “LRC gains 20% in the past 24 hours and might climb past this level soon”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin’s gains in the past few days have seen Axie Infinity rise in value as well. The longer-term outlook has not yet shifted to bullish, despite the strong bounce from $44.59. There remained levels ofContinue reading “Axie Infinity closes outside a descending channel, here’s where it might head next”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In mid-January, IOTA plummeted from $1.18 to $0.68 in a matter of days. Since those lows, it has been quick to climb back above the $0.78 support level. Bitcoin has been surging in recent hoursContinue reading “IOTA climbing higher on the charts but $1 could pose some difficulties”

Decentralized storage platform Filecoin has not had a brilliant run on the charts in the past few months. Since October, it has shed nearly 72% in value, from $80 to $22.3 at press time. It had hinted at the beginning of a downtrend in late September and has slid steadily lower on the charts sinceContinue reading “With steady gain in the past two weeks, should you invest in Filecoin’s short-term bullishness”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The price action of NEAR Protocol has formed a range in the past week, and at the time of writing, it had found some demand at the $10.5 area. Bitcoin also neared some resistance nearContinue reading “NEAR token sailing on windless waters after establishing this range”

Bitcoin has been unable to climb past the 39k resistance in the past few days, although it did find some demand at the $36.4k level. In the last 24 hours preceding press time, Bitcoin Dominance has dropped slightly from 41.85% to 41.37% (at the time of writing). This suggested that the altcoin market has registeredContinue reading “MANA forms a bearish pattern after posting gains in the past week, but…”

The prominence of the Solana platform was highlighted once again recently when Coinbase decided to list Solana-based tokens, Bonfida and Orca. A bullish outlook for the Solana platform may be perking up as even the Bank of America noted Solana’s priority toward scalability which could help its growth as a settlement layer. On the charts,Continue reading “Solana was rejected in this area but could it break past on a second try”

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 strong downtrend since mid-November. Selling pressure has been relentless and the market structure continued to remain bearish. Bitcoin was also not in a pretty spot on the chart asContinue reading “Bitcoin Cash could climb to this level before its next leg downward”