Axie Infinity is a blockchain-based trading and battling game in which you can collect, breed, raise, battle, and trade NFT token-based creatures known as Axies. Anyway, after the super upward wave of AXS finished, it entered into a correction, a long one. Now, it seems AXS is trying to break the downtrend line. If successful, the next impulse wave might have begun.
PEPE is a meme coin launched on Ethereum that gained popularity and resulted in high-volume trades. If Pepe maintains this high-volume trade, future growth will happen; most probably. Currently, Pepe is in a downtrend move and has to wait for the price to break the downtrend line. Two possible scenarios are depicted on the chart. Let's see what happens. P.S. PEPE...
It seems FTT is oscillating in a wide sideway channel. Price is currently at the bottom and have to wait to breaks the downtrend line in order to goes up. Let's see what happens. P.S. Be careful, Since the FTX Token crashed due to the fraud news.
Why it is so hard to believe that Bitcoin next upward phase has started. The bearish advocators don't want to, those who have missed the 15K bottom don't want to, and many others too don't want to believe; I myself wanted Bitcoin to have another downtrend wave. It is most likely a mental trap. Anyway, Bitcoin (market) don't care how we feel, it proceeds as it...
Ripple needs no introduction, an open-source, permissionless and decentralized technology which offer low-cost, speed, scalability and inherently green attributes as well as featuring the first decentralized exchange. Also, Ripple news about legal battle with the SEC increased its popularity; although, the final outcome of these courts battle can determine its...
Fetch.ai is another AI crypto-based platform that provides access to AI technology. Anyway, it seems FET moving in an ascending channel, a wide one. Currently, FET's corrective wave reached a horizontal area on which the price bounced off several times; both as a support and resistance area. We have to wait and see if this horizontal area can act as a support...
SingularityNET is a blockchain-powered platform that allows anybody to easily utilize various AI services. Anyway, as it can be seen from the chart, AGIX been in a downward and when AGIX broke the downtrend line, a strong upward wave started. After AGIX's price reached an all-time high, it went into a corrective phase that seems reached a horizontal support area...
XEN Crypto, like many crypto project, been in a downtrend move since the birth. However, XEN's price behavior have changed in the past 2 months and significant growth occurred. After the upward impulse wave finished, price entered a corrective wave which unfolded in a downtrend channel; Now, it seems price may breaks this channel. Let's see what happens. Note;...
Ethereum—some call it the silver of cryptocurrencies; obviously, Bitcoin is the gold. Anyway, continuing from the last ETH analysis, ETH is still moving in a wide ascending channel. Currently, ETH is oscillating in a triangle pattern that is sloped slightly upward. At the same time, there is a horizontal resistance/support area that acts like a magnet. Also, the...
One usually refers to altcoins and mems flying high when talking about big profits and pumps. So, when the next alt season could happen? To answer this question, analysts usually examine ETH and the Crypto Total Market Cap (excluding BTC and ETH) charts to make a prediction. Moreover, I think it is worth analyzing the Dominance of altcoins (excluding BTC and ETH)...
The Frax Protocol is the first fractional-algorithmic stablecoin system. Its FXS governance token analysis is straightforward: an impulse wave followed by corrective wave which seems ended at 0.618 Fibonacci retracement. Then price consolidated in a box for a long time and finally breaks upward. Let's see if FXS can breaks the major downtrend line.
ICP project was announced with great fanfare and promised great features. However, ICP's price was in a long downtrend until recently when price broke the downtrend line and made a higher high and a higher low. It's too soon to surmise the major trend reversal has happened since at least another higher high and higher low is needed. Let's see what happens.
Bloktopia which gained popularity as its price went up, is a decentralized metaverse as a virtual reality skyscraper made up of 21 levels. However, after the fanfare ended, so did the BLOK upward wave, then BLOK entered into a corrective phase; a long one. Recently, BLOK broke the major downtrend line, then pulled back down again and now it seems trying to break...
Arweave is a decentralized storage network that offers a platform for the indefinite storage of information. Anyway, after AR broke the major downtrend line. it went down further, and now it seems AR wants to break the minor downtrend line too. Let's see what happens.
ApeCoin been in a downtrend almost since birth, and it seems it formed a descending triangle pattern. Recently, APE bounced off the bottom line of this triangle and started an upward wave. Let's see if APE can break the triangle pattern upward or not.
Solana needs no introduction as this coin has already proven to be on many people's popular lists. Besides its high-volume trading and great features, its technical analysis is also interesting. After Solana's upward wave finished, a corrective wave, a long one, started. Now, it seems the corrective wave has ended at 0.5 Fibonacci retracement. Also, the correction...
Hooked Protocol is a new Web 3.0 crypto project. As is it can be seen from the chart, HOOK been in a downtrend and recently price shown sign of reversal. Clearly, there is a downtrend line, and we have to wait and see if HOOK can break it or not. Let's see what happens.
DODO which makes DeFi liquidity more accessible, uses its own proactive market-maker algorithm to offer better liquidity and price stability instead of automated market makers, which many other DEXs use. Anyway, DODO has been in a downtrend for a while. However, recently the price has broken the downtrend line upward and then retracted to make another minor...