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 Momentum Improves, Faces Resistance at $34K

Bitcoin is holding onto gains above $30K.

By Damanick DantesJul 23, 2021

Bitcoin daily price chart

Markets

Bitcoin Stalls at Resistance, Minor Support Nearby

Bitcoin buyers should remain active above $30K support.

By Damanick DantesJul 22, 2021

Bitcoin four-hour chart

Markets

Bitcoin Rebounds to Above $30K, Resistance Seen at $34K

Bitcoin buyers respond to oversold conditions.

By Damanick DantesJul 21, 2021

Bitcoin four-hour chart

Markets

Bitcoin Struggles Below $30K; Next Support at $27K

Bitcoin is down 5% over the past 24 hours.

By Damanick DantesJul 20, 2021

Bitcoin daily price chart

Markets

Bitcoin Drops Below $30K for First Time in 4 Weeks

Wall Street is seeing "too much froth" and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one analyst.

By Lyllah LedesmaJul 20, 2021

CoinDesk 20 Index

Markets

Bitcoin Trending Lower With Possible Break of $30K Support

If $30,000 is broken, the next level of support is seen around $27,000.

By Damanick DantesJul 19, 2021

Bitcoin four-hour chart

Markets

XRP Eyes 'Death Cross,' Has Support at $0.51

Previous "death crosses" have marked major or interim price bottoms.

By Omkar GodboleJul 16, 2021

XRP

Markets

Bitcoin Under Pressure, Faces Support at $30K

Contracting Bollinger bands suggest a big move is overdue.

By Omkar GodboleJul 15, 2021

Bear

Markets

Ether Erases Early Losses, Faces Resistance Above $2K

"We would add exposure if ether can confirm a breakout above its 50-day MA," one chart analyst said.

By Omkar GodboleJul 14, 2021

ether charts

Markets

Bitcoin's Range Play Likely to End With Bullish Breakout: Analyst

"Intermediate-term momentum has been improving based on the MACD histogram," one analyst said.

By Omkar GodboleJul 13, 2021

bull, run
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Latest Crypto News

Today
2:11 AM
Negative
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
Bitcoin’s onchain data points to supply overhang and weak participation, while gold’s breakout is priced by markets as a durable macro regime shift.
Yesterday
7:00 PM
Positive
Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante
The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.
5:48 PM
Negative
Bitcoin slips below $88,000 amid government shutdown risk and ahead of Fed's first rate decision of the year
Bitcoin and major tokens weakened Sunday as markets positioned ahead of the Federal Reserve’s next rate decision and a heavy slate of Magnificent Seven earnings.

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