-DOGE has risen nearly 40% the last week -Bulls are attempting to break the 100MA -An ascending channel has held the price in an upward trend DOGE has been struggling to gain traction over the last few weeks as many coins in its class have surged twice as much. Many anticipate DOGE is just a bit behind & will soon surge back to mid $0.30s. With the overall...
Bitcoin price trading remains mundane above $45,000 while upside limited under $47,000. Closing the day above the 200-day SMA would cement the bulls’ influence in the market. Bitcoin price slipped marginally under $45,000 during the American session on Thursday. The move was accentuated by the loss of the 200-day Simple Moving Average (SMA). However, the...
-MATIC has risen nearly 150% off its July low -The 100 MA has acted as support for almost a month now -Price continues to respect bullish ascending channel MATIC has shown great strength the last week as prices finally cleared the $1.20 range. This comes along with a raging crypto market as the last few months seem to have been an accumulation for prices to go...
-Luna has risen over 200% this month -Price has been supported by the 50MA -LUNA has respected an ascending channel the last 23 days LUNA has shown immense strength over the last month after price hit lows in May. The large cap cryptocurrencies have been on a steady uptrend the past weeks which has allowed many alts to surge. Terra has outperformed almost all top...
XRP price extends the bullish leg, stepping above $1 for the first time since May. Ripple’s ongoing breakout seems unstoppable, especially if bulls hold firmly to $1. Ripple has been one of the best-performing cryptocurrencies in almost three weeks. The international money transfer token currently trades 96% higher than the low in May and July. Support at...
-DOGE has risen nearly 40% the last week -Bulls are struggling to fully break its resistance zone -500MA is holding as support for the first time in almost 2 months DOGE has been fairly slow compared to its performance in the beginning of the year. Even though it has revived nearly 77% from its low, you would expect a stronger move to occur sooner or later. The...
-XRP has risen over 50% the past week -Bulls reclaimed $1.00 for the first time in over 2 months -XRP fully cleared its long term trend XRP bulls came out of hibernation the last few days after a long 2 months of downtrending. BTC & ETH experienced strong revivals the last 2 weeks & XRP followed the last few days. The overall cryptocurrency market has completely...
Cardano explodes over 20% to trade at $1.8, leading altcoins in mid-week recoveries. Development activity on the Cardano network surge ahead of the launch of smart contracts functionality. Cardano breakout has continued to make headlines this week. Data by CoinGecko shows ADA trading 20% in 24 hours, following an announcement that the blockchain network will...
Bitcoin price slows down the new parabolic recovery slightly above $55,000. The 200-day SMA provides Bitcoin with the much-needed support to prevent a correction from wiping the gains to $40,000. Bitcoin seems to have started another bull cycle following a lengthy battle in June and July to break the barrier at $40,000. Following the selloff from $65,000 in...
-Theta has risen 25% the last week -Price just confirmed a 2 month long downtrend -100MA is now holding as support Theta had an astonishing run the last year as prices rose 1000s of percent. The use case for THETA around decentralized media is one of great utility & investors has shown their interest in it. Once a few more resistances clear, THETA will likely...
-MATIC has revived nearly 90% off low in July -Price has been battling major resistance zone -100MA is now acting as support Matic has been overall flat the last two weeks as it attempts to regain a major resistance zone. The majority of the cryptocurrency market has fully broken out of its downtrends & have been aiming towards levels traded at in May. This is a...
Ethereum price sustained the hard fork momentum last week to trade at $3,200. A correction is underway, with Ether looking forward to the next support at $2,800. Ethereum has been on the investors' favorite list since last week. The Ethereum London hard fork put Ethereum back on the global map as it hit the headlines, with an upgrade that will see gas fees...
-BTC has revived nearly 55% off its low -Price has just kissed the 200 day MA -A long term trend line may cause rejection Bitcoin has finally broke out of its 2 month range that bears has continuously kept price within. This is a great sign for the overall crypto market as the majority of coins have followed BTC’s lead and have revived strong off their lows....
-XRP rises 68% off July low -Price is attempting breakout of major resistance zone -1 day RSI has just entered overbought territory XRP has been through a-lot of hate & troubles over the last year, but it has still managed to keep its place in the top 10 cryptocurrencies by market cap. Over the past few weeks the overall market has started a strong revival off...
-ETH has risen nearly 85% since low in late July -Price has reached 8 month trend line -EIP-1559 had a successful launch Ethereum has been on a terror run ever since price formed a triple bottom at the $1700 support. The last sweep of this support was nearly 3 weeks ago & now ETH is up 85% since. The NFT market has been exploding the last few weeks as well with...
Bitcoin price regains strength above $40,000 as bulls look toward starting a new rally. Fidelity’s director of global macro, Jurrien Timmer, says that BTC is not done with the current bullish phase. The 50 SMA protects Bitcoin’s immediate downside on the four-hour chart. Bitcoin price firmly held to support at $38,000 this week, with calls for losses to...
-Cake has risen 23% over the last week -Price has been respecting an ascending channel the last 2 weeks -30MA continues to hold as support Pancake Swap has been a laggard over the last few weeks as it has still yet to break over its major resistance zone (shown in grey). After much hype around this platform in April & May, the talk has since died down, along...
-AAVE has risen over 25% the last week -Price has finally cleared multi month resistance -Bulls are firmly holding the 100MA AAVE has finally shown some strength after months of being stuck below the $350 resistance. The overall cryptocurrency market seemed to push higher after news that the scheduled “London” upgrade occurred on the Ethereum blockchain. AAVE is...