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.

Shiba Inu Recovers Amid Massive $36M Whale Transaction; Still Stuck in Downward Channel

SHIB outperforms BTC amid reports of a massive whale transaction.

By AI Boost, Omkar GodboleJun 6, 2025

SHIB/USD (CoinDesk)

Bitcoin Price Bounce to Near $104K, Though Encouraging, Falls Short of Bull Revival

BTC's bearish H&S breakdown from Thursday is still valid.

By Omkar GodboleJun 6, 2025

(sergeitokmakov/Pixabay)

SOL Recovers to $147 After Flash Crash Shakes Out Weak Hands

Despite heavy selling and an 8% drop, Solana held key support as buyers stepped in at $142, stabilizing price near $147.

By CD Analytics, Siamak MasnaviJun 6, 2025

Solana (SOL) price chart showing recovery to $147.40 after steep decline

SOL Slips Below $150 as Whale Outflows Weigh on Market Sentiment

Solana (SOL) breached key support after large inflows to exchanges triggered high-volume selling despite continued strength in network usage.

By CD Analytics, Siamak MasnaviJun 5, 2025

Solana price chart showing 24-hour decline from $157.98 to $149.79 with heavy sell-off in afternoon session

Filecoin Tumbles 5% After Breaking Below Key Support Level at $2.54

Momentum indicators point to continued weakness with further downside potential toward the $2.48-$2.45 range.

By Will Canny, CD AnalyticsJun 5, 2025

Filecoin tumbles 5% after breaking below key support level at $2.54. (CoinDesk Research)

UNI Slumps Below $6.21 as Rejection at $6.44 Triggers Fresh Sell-Off

UNI tumbles after strong intraday rally fades, with sellers regaining control and critical support levels now under pressure.

By CD Analytics, Siamak MasnaviJun 5, 2025

Uniswap (UNI) price chart showing decline from $6.44 to $6.20 on June 5, 2025

AVAX Drops 5%, Forming Bearish Pattern on Short Time Frame

The token underperformed the CoinDesk 20.

By CD Analytics, Tom CarrerasJun 5, 2025

AVAX

APT Slips 4% After Breaking $4.77 Technical Support Level

The price has now stabilized around $4.771, suggesting potential consolidation after a sharp decline.

By Will Canny, CD AnalyticsJun 5, 2025

Aptos

TON Surges 3%, Outperforming Declining CoinDesk 20

Telegram's native token is showing strength on lower timeframes amid broader market volatility, establishing new technical resistance levels.

By CD Analytics, Tom CarrerasJun 5, 2025

TON

Bitcoin's 50-Day Average Hits Record High, but There's a Catch

The spread between the spot price and the 50-day SMA continues to narrow in a sign of waning momentum.

By Omkar GodboleJun 5, 2025

Cryptocurrencies are likely to surge in the coming days. (lizzyliz/Pixabay)