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, Ethereum Classic had a bullish bias. It flipped a former area of supply at $31 into an area of demand and  repeatedly tested the $33.5-resistance level over the past week. Moreover,Continue reading “Ethereum Classic broke out of a long-term downtrend; here’s where you can buy in”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and shouldn’t be considered investment advice Polygon saw the price of its native token drop by nearly 16% over the last couple of days, but some demand was seen in the vicinity of the $2-support level. When the price was at $2.42,Continue reading “MATIC finds support at $2, but buying right now might not be the best idea”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP has been on a strong downtrend since November when it hit highs of $1.34. The weeks that followed saw the $1 area lost to the bears. At press time, the $0.76 area of formerContinue reading “XRP is caught in a wave of selling that could take it to…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice For Ethereum, the fundamentals remain positive even though the price has been strongly bearish. The on-chain data on Ether holders is encouraging and the Ethereum 2.0 upgrade is eagerly awaited. On the charts, traders seemContinue reading “Ethereum: Strong sellers on each bounce as critical area emerges as supply zone”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In early January, Cosmos was on a strong uptrend and approached the $44 supply area with strong momentum. Alas, since then, the price has been rejected and found demand at the $34-level. A range hasContinue reading “ATOM is stuck below its ATH, but this level might come into play”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana has traded within a range over the past couple of weeks, a range that is yet to be broken. Recently, a Coinshares report noted that Solana has been a favorite of investors, having seenContinue reading “Solana is trading within a range, but here’s what you could be missing”

Dogecoin fell beneath an area of demand, but just as it appeared poised for further losses, the price bounced from a level of support that was last tested in April of the previous year. At the time of writing, despite the nearly 35% gains that Dogecoin registered in the past week alone, the downtrend remainedContinue reading “Dogecoin sees a brief rally, but here’s what it needs for a recovery”

Bitcoin Cash has not looked particularly strong in the past two months. Since November, the price has been in a bearish trend and had some support at the $416 level. That level was decisively lost earlier this month, which signaled buyer exhaustion. This drop could see Bitcoin Cash register more losses in the coming days,Continue reading “BCH drops below crucial support, here’s how much farther it can fall”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On a short-term basis, Axie Infinity has seen some demand step in around the $68-$70 area. This is an important demand zone, stretching all the way south to $64. It is not yet clear whetherContinue reading “What to expect next after Axie Infinity trades over a strong demand area”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and shouldn’t be considered investment advice Over the past few days, Fantom has climbed strongly above the $2.75 area. It climbed as high as $3.35 but was rejected sharply. At the time of writing, a bearish reversal pattern was forming on theContinue reading “Fantom: After a brief pullback, these are the odds of bullish sentiments returning”

Throughout the whole of 2021, Aave had visited the $160 area only twice (after climbing past it in early January), until December. In December alone, the price tested this area on two separate occasions, a candlewick on a strong sell-off and a more rounded test of this demand region in mid-December. At the time ofContinue reading “AAVE recovers over $200 level, but critical resistances still lie up ahead”

Shiba Inu had a strong demand zone at $0.0297 (prices are multiplied by 1000 times the current prices to reduce decimal places). It dipped beneath this area to a support level but has seen some demand at that level. However, the price has not formed a higher high, nor has it formed equal lows. ThisContinue reading “Shiba Inu finds support at this level and could head into an accumulation zone”