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

Ether Tops $4.2K, Eyes Record High

Ether looks north, having breached a five-month downtrend line

By Omkar GodboleOct 21, 2021

Markets

Bitcoin All-Time High Breakout Could Target $86K, Price Charts Suggest

The world’s largest cryptocurrency’s price has now fully recovered from a near 50% correction earlier this year.

By Damanick DantesOct 20, 2021

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

By Omkar GodboleOct 20, 2021

Ether and bitcoin daily charts (TradingView)

Markets

Bitcoin Faces Resistance Above $62K After Record Weekly Close

Bitcoin has gained more than 40% this month on speculation the SEC will approve an exchange-traded fund.

By Omkar GodboleOct 18, 2021

Bitcoin's four-hour chart with relative strength index (TradingView)

Markets

Market Wrap: Bitcoin Reaches $61K as SEC’s ETF Deadline Nears

Bitcoin is inching closer to an all-time high as anticipation builds the U.S. regulator will finally approve one of the many applications it has received.

By Damanick Dantes, Tracy WangOct 16, 2021