Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In a previous article, the possibility of a bearish retest of the $75 level was explored. At press time, it appeared that such a retest might already have occurred for Avalanche. Even though some gainsContinue reading “AVAX fails to climb past the $75 level, can it head back to $50”

Shiba Inu had a larger market cap than Dogecoin a few weeks ago but that situation had changed as Shiba Inu saw intense selling. At the time of writing, the price held on to a support level but its grip appeared weak. Further downside appeared more likely than a bounce for SHIB. Based on theContinue reading “As Shiba Inu hovers above a support level, here is why this is likely”

Popular metaverse token SAND dipped briefly before $3 but has recovered in the past week. Well, the interesting question here is- Could SAND token push toward $4.5? Or was the rally in late January only a relief rally? The $4.5 area (cyan box) had been defended from the bears for all of December, but inContinue reading “SAND recovers quickly from $2.8 lows, but can the rally push prices past $4.2”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cosmos’ native token ATOM has been on a downtrend over the past week. Earlier in January, the price managed to hold on to crucial support levels at $34 and $30, despite the strong selling pressureContinue reading “Here’s what’s next after the latest near-term range lows for ATOM”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has registered steady gains over the past week, while Bitcoin’s dominance fell slightly from 42.6% to 41.6% over the past few days. This suggested that altcoins are primed to post good gains on lowerContinue reading “Polkadot rises strongly, but how high can it really rally”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Fear still hangs in the air, despite the relief rally of the past week for Bitcoin. The market structure remains bearish over higher timeframes. Right now, it is doubtful whether Bitcoin really has enoughContinue reading “Bitcoin: Recent gains, yes, but are they really enough to reverse BTC’s downtrend”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In the near-term, Bitcoin seemed to near a level of resistance at $40.6k. In fact, even the region from $38.9k-$39.2k has been a place where sellers have been strong in the past week. It isContinue reading “Fantom at a crossroads in the near term, but where can it go from here”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin was nearing a zone of resistance from $40.6k to $42k, while Bitcoin Dominance was also shedding some value in recent hours as it dropped from 42.6% to 41.8% in the 24 hours preceding pressContinue reading “Has Ethereum Classic finally broken out of a downtrend”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Axie Infinity, the blockchain-based monster battle NFT game, soared in popularity in 2021. Its token, Axie Infinity Shard (AXS), also registered massive gains over the past year. However, like many altcoins before it, AXS facedContinue reading “Axie Infinity has bounced from the $44-lows – Where to next for AXS”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and shouldn’t be considered investment advice On shorter timeframes, a bounce in prices for most of the crypto-market seemed to be inbound as Bitcoin registered some gains recently. Over the past few days, the stock markets across the globe have also seenContinue reading “XRP could see a short-term bounce but the downtrend remains unbroken”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A longer-term outlook for Chainlink remained bearish – the $19.67 and $22-levels remain unbroken. On lower timeframes, a recovery back towards these levels appeared possible. Bitcoin registered some gains in recent days. Moreover, Bitcoin’s DominanceContinue reading “Can Chainlink break out past the near-term supply area at $18”

Over the past few days, Bitcoin climbed back toward the $39k, where there is some short-term supply. This was the area where the previous lower high was made, and Bitcoin was at a place where it would have to make a decision once more- can bulls drive the price higher, or are the bears loadingContinue reading “TRON could see some upside as the broader market begins recovery”