As bitcoin touched its nearly 15-week low on 8 January, the crypto fear and greed index plunged to 10 points on the same day. As a result, the near-term technicals of XRP, Dogecoin, and Aave flashed a bearish bias. But now, after a bullish divergence with the RSI, they showed increased buying power. Only aContinue reading “XRP, Dogecoin, Aave Price Analysis: 09 January”
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Defying the broader sentiment, UNI poked above the 61.8% resistance level whilst Stellar formed a cup and handle pattern on its 4-hour chart. On the other hand, Litecoin continued its sideways movement. However, all the aforementioned cryptos flashed a weak directional trend. Uniswap (UNI) UNI’s long-term bearish streak reversed from the crucial 11-month support atContinue reading “Uniswap, Stellar, Litecoin Price Analysis: 05 January”
Although the market sentiment had not yet flipped, DOT’s 20 SMA crossed its long-term SMA’s, hinting at an increased bullish vigor. Corresponding with the market trajectory, Solana saw a descending triangle and needed to maintain the crucial $167-support to prevent a further breakdown. Further, LUNA broke down from the rising wedge and lost its 23.6%Continue reading “Polkadot, Solana, Terra Price Analysis: 05 January”
While Bitcoin still struggled to cross the $47,000-mark, Ethereum managed to breach the $3,766-level. Chainlink and Helium mark exponential gains and reclaim their lost supports. Also, Tezos saw an up-channel trajectory but faced resistance at the golden Fibonacci level. Chainlink (LINK) Since the up-channel (yellow) breakdown on 3 December, LINK bulls retested the $22.42-level fourContinue reading “Chainlink, Tezos, Helium Price Analysis: 05 January”
While the overall sentiment still lingered around the uncertain or the fear zone, Dogecoin and Bitcoin Cash refrained from committing to a trend and were rangebound. Dogecoin saw a recent spike in buying pressure, but the 50 SMA hurdle stood strong. On the contrary, Fantom swiftly upturned after registering a 35.4% ROI in the pastContinue reading “Fantom, Dogecoin, Bitcoin Cash Price Analysis: 05 January”
While the broader market struggled to ramp up a convincing rally to alter the bearish trend, Solana continued to show range-bound oscillation tendencies. Ethereum, however, crossed the $3,766-mark but still could not gather enough volumes. On the Other hand, Chainlink’s near-term SMA crossed its 50-200 SMA, indicating a strong bullish vigor. Ethereum (ETH) After aContinue reading “Ethereum, Solana, Chainlink Price Analysis: 04 January”
While the market-leading crypto failed to snap its immediate resistance near the $47,000 mark, its OBV upturned over the past week. This movement indicated a potential stalling of the sell-off. Meanwhile, Aave bulls strived to cross the 61.8% Fibonacci resistance. Cosmos, on the other hand, formed an inverse head and shoulder and reached an overboughtContinue reading “Bitcoin, Cosmos, Aave Price Analysis: 04 January”
While Bitcoin’s price action stayed below its 4-hour 20-50-200 SMA, Shiba Inu and MANA’s near-term technical indicators exhibited a bearish inclination. The meme coin seemed to hold the 61.8% Fibonacci support. Unless SHIB bulls dwindle, it headed toward a likely near-term consolidation. Algorand, however, kept its 20 SMA above the 50-200 SMA after indicating aContinue reading “Shiba Inu, Algorand, MANA Price Analysis: 04 January”
Now, the onus was on the king coin to flip the broader sentiment after re-entering the $46,000-zone. While ‘Extreme fear‘ lingered around the market at press time, Cardano and Litecoin flashed weak near-term technical indications. Buyers needed to ramp up volumes to skew the momentum in their favor. On the contrary, NEAR saw exponential gainsContinue reading “Cardano, Litecoin, NEAR Price Analysis: 04 January”
While the bulls endeavored to skew the sentiment in their favor, the bears refrained from giving up their edge as the crypto fear and greed index stood below 30 at press time. However, Avalanche kept its bullish tendencies alive after its near-term SMA stayed above the long-term SMA’s. Besides, Solana was range-bound after flashing low volatility. Contrarily,Continue reading “Avalanche, Solana, Fantom Price Analysis: 03 January”
While Bitcoin wavered near its 11-week Point of Control, XRP and SAND displayed range-bound oscillation tendencies after breaking down from their 61.8% Fibonacci resistance. To top that up, MATIC displayed a steady decrease in buying power. However, the directional trend for all the aforementioned cryptos stood quite weak. XRP Since its up-channel (white) breakdown, theContinue reading “XRP, MATIC, The Sandbox Price Analysis: 03 January”
Ethereum’s two-day recovery made way for Tron’s jump from its immediate demand zone. Further, Terra formed a reversal pattern on its 4-hour chart after displaying a slight bullish edge. Meanwhile, Binance Coin was rangebound and flashed low volatility signs. But all the above cryptos struggled to gather more volumes to commit to a convincing trend.Continue reading “Binance coin, Terra, Tron Price Analysis: 03 January”