Bitcoin SV could move to $360 before retracing, with the alt having seen some demand at the $300-$330 region. Aave was strongly bullish on the charts and threatened a breakout past $460, while Status went parabolic in recent days. Bitcoin SV [BSV] Bitcoin SV registered a bearish divergence between the price and momentum on theContinue reading “Bitcoin SV, Aave, Status Price Analysis: 15 April”
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Stellar Lumens faced resistance around the $0.63-mark and was trading within an ascending channel, while BitTorrent Token consolidated above $0.0075. Finally, Theta formed a bull pennant and a breakout past $12.8 could see it move towards $15. Stellar Lumens [XLM] XLM has been trading within an ascending channel (blue) for the past few days. OnContinue reading “Stellar Lumens, BitTorrent Token, Theta Price Analysis: 15 April”
The large market capitalization of Chainlink, along with its growth in the past few months, has convinced many investors that it is a safe crypto asset to hold in the long term. Many large-cap altcoins have broken past their previous ATH and offered double-digit gains in recent weeks, and a similar run can materialize forContinue reading “Chainlink Price Analysis: 12 April”
Funding rates for many major altcoins were quite high, prompting that a shakeout to reset funding could occur sometime soon. On the spot trading side, Litecoin and Dogecoin saw heavy demand in the past few days as they flipped crucial levels of resistance to support. Chiliz continued to slide down the charts. Litecoin [LTC] OnContinue reading “Litecoin, Dogecoin, Chiliz Price Analysis: 12 April”
XRP formed a triangle pattern that could see it push toward $1.5 again, while FTX Token continued to trend strongly upward. Although it could see a dip, FTT had strong demand driving its surge. Waves defended the $15.14 support level and is likely to consolidate over the next few days. XRP XRP formed a descendingContinue reading “XRP, FTX Token, Waves Price Analysis: 12 April”
Uniswap was consolidating above the $30 mark while BitTorrent Token also showed signs of being in an accumulation phase. Elrond was strongly bullish and could target $245 in the coming days. Uniswap [UNI] Based on UNI’s move from swing low at $20.5 to swing high at $36, some levels of retracement were plotted. UNI facedContinue reading “Uniswap, BitTorrent Token, Elrond Price Analysis: 12 April”
Polkadot was consolidating beneath the $42 level. Aave was making some slow gains since the defense of $345, and Dash was in a strong uptrend and attempted to climb past the $300 psychological level. Polkadot [DOT] Polkadot has been consolidating between the $40 and $42 levels over the past few days. This is almost certainlyContinue reading “Polkadot, Aave, Dash Price Analysis: 12 April”
Is the top in for Bitcoin? Unlikely. Multiple on-chain metrics showed that, although strongly bullish, this was not the top for Bitcoin. Funding rates are high but the market is not driven solely by derivatives. The spot volume has been high as well and so the market is not yet at the point where theContinue reading “Bitcoin Price Analysis: 11 April”
Crypto.com Coin faced selling pressure at $0.23 but also had support in the $0.19-$0.2 region. Monero was in a strong uptrend and could break past $300, while Hedera Hashgraph would need to flip $0.4 to support to sway market participants’ sentiment toward bullish. Crypto.com Coin [CRO] The daily timeframe was chosen to show where CROContinue reading “Crypto.com Coin, Monero, Hedera Hashgraph Price Analysis: 11 April”
Cardano saw a trend of falling trade volume that showed a market possibly in a phase of distribution. However, in this bull market, another leg upward can not be discounted. Bitcoin SV formed a bearish divergence and Compound saw demand rise at the $440 area. At the time of writing Bitcoin was trading at $59,656Continue reading “Cardano, Bitcoin SV, Compound Price Analysis: 11 April”
Binance Coin chewed up all the technical targets presented to it recently as it posted a high at $487 before receding slightly. Decred looked to be forming a rising wedge pattern, and Tron signaled it could be ready for its move past $0.12 once more. Binance Coin [BNB] Binance Coin had formed bearish twin peaksContinue reading “Binance Coin, Decred, Tron Price Analysis: 11 April”
Ethereum showed a bearish divergence and dropped below $2100 but found good demand. VeChain could continue to climb higher after a pullback to $0.121-$0.13, and Synthetix tested $20 as resistance and was moving toward $17.95. Ethereum [ETH] ETH was trading above the area of demand at $2040 and faced resistance at the $2150 mark. ItContinue reading “Ethereum, VeChain, Synthetix Price Analysis: 11 April”