Category: Analysis
Cryptocurrency Analysis
Price Analysis October 17th, 2024 – BTC, DOGE, ETH, SOL, TON, and BNB
Bitcoin rallied above $67,000 on Wednesday, clearing the final barrier on its journey to $69,900. The latest price action has boosted confidence that BTC could…
Price Analysis October 14th, 2024 – BTC, SOL, BNB, ETH, and AVAX
After dropping to $60,328 on Sunday, Bitcoin has recovered massively, crossing $63,500 as of this writing. The latest price action suggests aggressive purchasing of the…
Price Analysis October 8th, 2024 – BTC, BNB, ETH, DOGE, TON, and SOL
A positive job report published by the US Bureau of Labor Statistics on Friday fueled Bitcoin to rally above the $62,034 resistance. The coin has…
Price Analysis October 3rd, 2024 – BTC, DOGE, SOL, BNB, and ETH
Rising tensions in the Middle East caused Bitcoin to trend downward, reaching near the $60,102 psychological support on October 1st. While the bulls have sustained…
Price Analysis September 29th, 2024 – BTC, BNB, DOGE, ADA, and ETH
Bitcoin crossed the $66,000 mark on September 27th, suggesting the resumption of an uptrend. The bullish move, which started on Thursday, appears to have boosted…
Price Analysis September 24th, 2024 – BTC, DOGE, BNB, ETH, XRP, and SOL
Bitcoin bears mounted resistance near $65,000 on Sunday, suggesting that they aim to keep the coin’s price within the lower half of the $55k -$73k…
Price Analysis September 13th, 2024 – BTC, ETH, DOGE, SOL, and AVAX
On Wednesday, the US government announced that the consumer price index (CPI) for August had risen 0.2%, matching analysts’ estimates. In response to the report,…
Price Analysis September 9th, 2024 – BTC, DOGE, ETH, AVAX, and SHIB
The current price action suggests that Bitcoin bears are looking to seize control. Over the weekend, BTC crossed below $54,000 after breaking out of the…
Price Analysis September 3rd, 2024 – BTC, BNB, ETH, and SOL
As the S&P Index closed last week with gains of 0.26%, Bitcoin, on the other hand, came under selling pressure, recording 7-day losses of about…
Price Analysis August 29th, 2024 – BTC, BNB, ETH, TON, and SOL
Bitcoin has been subject to extreme volatility within the $55,739 – $73.654 trading range in the past two weeks. While most analysts remain bullish on…
Price Analysis August 26th, 2024 – BTC, TON, SOL, ETH, BNB, and XRP
Bitcoin crossed the $63,000 overhead resistance late last week, suggesting the bulls were ready to propel the coin higher. The sudden surge came after Fed…
Price Analysis August 20th, 2024 – BTC, SOL, BNB, ETH, DOGE, and XRP
Despite BTC trading sideways for numerous months, long-term investors have continued to hold their coins. According to Glassnode’s latest report, over 73% of Bitcoin hasn’t…
Former Ripple Engineer Reveals Strategies To Foil XRP Thefts
An Urgent Call For Improved Security Measures Yesterday, Chris Larsen, the co-founder of Ripple, experienced a high-profile security breach of his personal XRP holdings. After…
A Comprehensive Guide to Supply and Demand Zones
Introduction to Supply and Demand Zones Supply and demand zones are areas that indicate trend reversal or consolidation. When it comes to investing, cryptocurrency investors…
Bitcoin Achieves Hash Rate Milestone: Here’s What To Know
In a groundbreaking development for cryptocurrency, the Bitcoin network has recently achieved an all-time high hash rate, surpassing the 500 exahashes per second mark. This…
XRP Surpasses BNB, SOL, And ADA in Liquidity – Kaiko Research
Crypto Market Liquidity Rankings A recent report from leading analytics platform Kaiko has unveiled that XRP outranks Binance (BNB), Solana (SOL), and Cardano (ADA) in…
Dow Theory And Its Relevance To Cryptocurrency: What To Know
Initially conceived to analyze conventional financial markets, researchers are looking into how the Dow Theory can be used for cryptocurrency analysis, specifically Bitcoin (BTC). What…
Ripple Labs’ 310 Million XRP Unlock Sparks Reaction: Here’s Why
Ripple Labs’ surprise unlocking of 310 million XRP tokens from its escrow wallet has signaled a substantial shift in the XRP market. Accordingly, the remaining…
Expert Urges Early Altcoins Purchase, Forecasts 250% Price Spike
Prominent crypto analyst Michael Van de Poppe reveals that now is a good moment to invest in altcoins after the crypto market had a strong…
Shiba Inu Burn Rate Surges By 420%; Here’s Why
As the burn initiative keeps seeing spike after spike, the Shiba Inu community is riding high on burning SHIB. Millions of SHIB tokens were sent…
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