Technical Analysis

Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.

Markets

Bitcoin Rangebound; Initial Support at $40K

Indicators are neutral as BTC's latest price jump pauses.

By Damanick DantesFeb 16, 2022

Bitcoin four-hour chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Rally Stalls; Support at $40K, Resistance at $46K

BTC's price jump occurred on low volume, indicating weak buying strength.

By Damanick DantesFeb 15, 2022

Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Weighed Down by $46K Resistance; Support at $35K-$40K

Upside appears limited as buyers lose momentum.

By Damanick DantesFeb 14, 2022

Bitcoin daily price chart shows nearby resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Drops Below $43K; Support at $35K-$40K

Technical indicators are neutral, although oversold conditions could keep short-term buyers active.

By Damanick DantesFeb 11, 2022

Bitcoin daily price chart shows nearby resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

SOL, XRP Lead Altcoin Tumble as US Inflation Jumps to 40-Year High

Major altcoins could see further declines if they lose important support levels, traders said.

By Shaurya MalwaFeb 11, 2022

(Shutterstock)

Markets

Bitcoin Reverses Earlier Dip, Resistance Stands at $46K

BTC is approaching overbought levels, although pullbacks could stabilize at between $40K and $43K.

By Damanick DantesFeb 10, 2022

Bitcoin's daily price chart shows nearby resistance levels (Damanick Dantes/CoinDesk, TradingView)

Markets

Crypto Markets Remain Flat as Bitcoin Sees Institutional Buying

Price chart indicators show the cryptocurrency is still far from the overbought zone and may run further, according to analysts.

By Shaurya MalwaFeb 10, 2022

Bitcoin rompió la resistencia de $40.000 y continúa subiendo. (TradingView)

Markets

Bitcoin Recovering Between $40K Support and $46K Resistance

BTC trading volume is ticking higher as buyers defend intraday support levels.

By Damanick DantesFeb 9, 2022

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Stalls Near Resistance; Lower Support at $40K

Overbought signals on intraday charts preceded the current pullback.

By Damanick DantesFeb 8, 2022

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Shiba Inu’s SHIB Extends Surge, Bitcoin Breaks a Key Resistance Level

The meme coin rose sharply, even as major cryptocurrencies showed small gains and some losses.

By Shaurya MalwaFeb 8, 2022

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)
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Latest Crypto News

Today
6:40 PM
Neutral
BTC0.00%
Millions in crypto wealth at risk of vanishing when holders die. Here's how to protect them
Without proper planning, inherited crypto can easily be lost to delays, missing keys or fiduciaries unfamiliar with the asset class, experts warn.
5:35 PM
Negative
U.S. Marshals investigate claims that son of government contractor stole $40 million of seized crypto
The threat actor was captured on video flaunting millions in crypto allegedly siphoned from U.S. government seizure addresses, later traced back by ZachXBT.
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Negative
Crypto exchange WhiteBIT flagged by Russia as 'undesirable' over support for Ukraine military
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