Technical Analysis

Technical Analysis

Markets

Shiba Inu Tanks 6% But 'Inverted Hammer' Offers Hope to Bulls

he number of SHIB tokens on exchanges surged, suggesting potential whale distribution despite significant accumulation.

SHIB. (CoinDesk)

Markets

Filecoin Drops Over 6%, Breaks Key Support at the $2.38 Level

FIL encountered significant bearish momentum during the 24-hour period

FIL-USD Shows Sharp 6% Intraday Volatility with Strong Recovery After High-Volume Selloff

Markets

BNB Slides as Tariffs, Stronger Dollar and Fed Policy Weigh on Crypto Markets

Despite the price drop, BNB is seeing growing corporate adoption, with several companies announcing plans to invest hundreds of millions of dollars in BNB.

BNB Price chart (CoinDesk Data)

Markets

ETH Going to $16K in This Cycle? Analyst Explains Why This Could happen

Crypto analyst Edward says ether could surge to $15K–$16K this cycle, citing bullish technical patterns, ETF inflows and rising institutional demand.

Ether price chart shows 1% rise to $3,800

Markets

BTC Faces Golden Fibonacci Hurdle at $122K, XRP Holds Support at $3

BTC bulls need to overcome the 161.8% Fib extension, the so-called golden ratio.

XRP prone to profit taking. (shutterstock_248427865)

Markets

Filecoin Jumps 2% After Defending Support at $2.38 Level

Support has now been established at $2.38, with resistance at $2.55.

"Filecoin (FIL) rallies 2% on surge in volume and Avalanche partnership, confirming bullish reversal from $2.38 support"

Markets

BONK Rallies 8% Ahead of Trillion-Token Burn Milestone

Solana meme token gains momentum as deflationary pressure builds with 1T token burn on the horizon

BONK, July 31 2025 (CoinDesk)

Markets

ICP Rises 5% as Token Burn, AI-Powered Development Tools Fuel Rally

DFINITY burns 1M tokens while debuting tools that enable app creation using plain English, sparking institutional demand.

ICP, July 31 2025 (CoinDesk)

Markets

Shiba Inu Eyes Monthly Gain Despite 8% Price Loss

The token's failure to rally despite aggressive burn programs underscores investor preference for utility-driven projects over pure speculation plays.

SHIB's price. (CoinDesk)

Markets

BNB Breaks Below $800 as Volume Patterns Point to Lack of Sustained Demand Despite Corporate Interest

The drop comes after BNB hit a record high near $860, driven by aggressive moves into the token by public companies.

CoinDesk