Arbitrum’s price has reached a critical trading level again in the latest dip. But it appeared to have found a temporal support and now trades calmly. A major move at this support will determine the next direction. After a three-week break from a low of $0.56 in July, Arbitrum retraced […]
Author: Michael Fasogbon
PEPE PRICE ANALYSIS & PREDICTION (August 4) – Pepe Rolls Back To Key Support Zone Due To High Supply, Big Potential Break
In the current dip, meme coins are charting the most losses weekly along with Pepe, which has registered a 24% loss so far. It is trading back at a multi-month support zone, where a fresh breakdown could occur. Following a major retracement to the $0.0000076 low in July, Pepe saw […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 4) – LTC Sees 2% Recovery But Daily Bias Remains Bearish, Where Next?
Litecoin saw a notable 10% weekly drop in the latest dip and lost a key level. While the trend looks highly bearish on the daily chart, it has seen a slight increase in the past hour. Last week was a bit calm for Litecoin as it stayed in a consolidation […]
CARDANO PRICE ANALYSIS & PREDICTION (August 4) – ADA Slowly Reaching Previous Low, Potential Breakdown Ahead
Last month saw Cardano through a small relief period after undergoing a two-week bounce off a key low level. However, it later encountered resistance and slowly resumed bearish momentum daily. ADA’s market structure has continued to turn bearish on a daily scale due to a lot of deductions in the […]
DOGWIFHAT PRICE ANALYSIS & PREDICTION (August 2) – WIF Loses $2 In Another Dip, Can It Bounce Off This Support?
Most meme coins have experienced significant reductions in the past few days with Dogwifhat which is now back in a downward range after a short retracement. It is currently one of the top losers with an 8% drop. Following a little suspense in the bearish correction, which came after locating […]
AAVE PRICE ANALYSIS & PREDICTION (August 2) – Aave Breaks Out To A New Multi-Month High, Signals Bullish Move
While most altcoins are currently weak amid latest dip, Aave appeared highly bullish following a recent monthly price break. However, it has lost buzz a bit today, but the price still looks strong on a weekly scale. Breaking below the crucial $80 support near $70 in July, Aave saw a […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (August 1) – Will Matic Break Lower As It Nears Oversold Condition Daily?
This week has been a tumultuous period across the crypto space as most altcoins continued to turn weak. Matic decreased by 3% since yesterday and is now looking weak daily, gathering momentum for a breakdown. Last month’s trading saw Matic through a small bounce (at $0.42) after reinitiating drops in […]
POLKADOT PRICE ANALYSIS & PREDICTION (August 1) – DOT Advances Bearish Following 6% Weekly Loss, Where Next?
Polkadot has reached a crucial trading level again after posting a huge loss in the past two weeks. It has reclaimed key support and is now on the verge of breaking lower. The 2023 bottom is the next low to watch. The last two weeks have seen Dot’s price through […]
RIPPLE PRICE ANALYSIS & PREDICTION (July 31) – XRP Signals Buy Following A Fresh Price Break, Targets $0.7
While most altcoins have been relatively down over the past 48 hours, Ripple has posted a nice gain with a break above the monthly high. This signals a fresh buy and is likely to see bigger rallies in the next few days. Taking a short recap of this month’s trading: […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (July 31) – BNB Shows Signs Of Strength Amid Market Drawdown, Resuming Bullish?
After briefly losing its position to Solana on Monday, BNB’s price fell sharply but later found a solid ground. However, it has reoccupied its spot with a 2% recovery while the overall market continues to shed losses. Last week’s trading was a bit ugly for BNB as the price fell […]
SOLANA PRICE ANALYSIS & PREDICTION (July 30) – SOL Loses Grip Above $190 Following This Pin Bar Close, Incoming Sell?
Sol is significantly up weekly, but it appears to have reached an exhaustion point after breaking through several resistance in the past weeks. The price is currently down following a 2% loss overnight. Two weeks ago, Sol’s price broke out of a four-month resistance line following a monthly bounce off […]
AVALANCHE PRICE ANALYSIS & PREDICTION (July 30) –Avax Sets For Another Crash Following Weekly Double-Digit Loss
Avax saw a small recovery this month but appeared back in a downward range after rejecting a key resistance level last week. Following a huge loss over the past week, it is now trading near the monthly low. This month’s trading has been a period of relief in the mid-term […]
ETHEREUM PRICE ANALYSIS & PREDICTION (July 29) – ETH Rebounds After Short Retracement, Is $4k The Next Target?
Ethereum is showing strength again after seeing a slight retracement last week. It appeared strongly bullish today, charging back to its recent high where a potential price breakout is likely to occur. Since last week, Ethereum has seen notable ups and downs after seeing about 30% recovery in the preceeding […]
BITCOIN PRICE ANALYSIS & PREDICTION (July 29) – BTC Sees 20% Monthly Increase Near $70k, Set To Break Out Of Channel
After a short pullback last week, Bitcoin found support and resurged near a crucial resistance overnight with a 3% gain. It is currently on the verge of breaking out of a channel, poising for a massive run. Bitcoin has continued to take the bears by surprise with the latest price […]
TONCOIN PRICE ANALYSIS & PREDICTION (July 29) – TON Turns Bearish Despite Recent Market Recovery, Correction Time?
TON decreased by 1% today in continuation of the monthly drawdown, but it is still trading in the buying zone on the monthly timeframe. A drop below the May low may fuel huge selling pressure in the coming week. Last month, TON reached a new milestone after rallying by 3x […]
MAKER PRICE ANALYSIS & PREDICTION (July 29) – MKR Finds Support But Can It Hold Strong Following A 2% Daily Surge?
Maker is currently in a downward range after rejecting a key level two weeks ago. However, it appeared to have found temporal support and is now gaining traction following a small increase since yesterday. After dropping for almost three months, Maker reached an exhaustion selling point and bounced briefly above […]
JUPITER PRICE ANALYSIS & PREDICTION (July 18) – JUP Rejects $1.2 But Can It Overcome Following This Bullish Pattern?
Following a short break in buying, JUP took a little downturn this week and resumed positive actions after finding support nearby. It appeared bullish and ready to tap more highs but faced rejection at a key level. Last week appeared more volatile across the crypto space following a two-week recovery […]
BITCOIN CASH PRICE ANALYSIS & PREDICTION (July 27) – BCH Sets To Break Out Of Multi-Week Resistance Following A Strong Rebound
Mirroring Bitcoin’s movement, BCH is now gaining traction again after witnessing a short pullback earlier this week. The price currently appears strong daily as it sets to break out of a key resistance level. After bouncing nicely from a four-month low earlier this month, BCH faced tough resistance at the […]