Bitcoin’s dominance has not changed much since it lost the $70k level two weeks ago. However, the price is down by 6% weekly following the latest reductions. Its fear and greed index now stands neutrally at 55. Starting this month on a strong note, Bitcoin encountered resistance and halted buying […]
Author: Michael Fasogbon
LITECOIN PRICE ANALYSIS & PREDICTION (June 16) – LTC Consolidates After Locating Support, Where Is It Heading Next?
Following a recent breakdown from a two-month wedge, Litecoin LTC found a solid support level and remained indecisive ever since. It showed signs of strength yesterday but there’s not enough volatility to reiterate actions. During last week’s drops, Litecoin lost grip above the important $82 support level to a new […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (June 16) – BNB Reestablishes Support: Can It Initiate A Fresh Buy Above $600?
BNB witnessed a strong broke out last week but is now looking weak again after dropping off a new all-time high. It lost a key level during the week but is now back above the level following a small bounce. Breaking out from a two-month accumulation phase earlier last week, […]
NOTCOIN PRICE ANALYSIS & PREDICTION (June 15) – NOT Bounces After Locating Support Above $0.015, Are The Bulls Back?
After losing momentum for a couple of days, Notcoin found support and showed signs of strength in the last 48 hours, poising for another rally on the lower timeframe. Bearish actions may return if it fails to sustain buying pressure. Late last month saw NOT through a significant increase after […]
SOLANA PRICE ANALYSIS & PREDICTION (June 13) – Sol Is Aiming For $120 Again But Will It Hold This Time Following A 12% Weekly Loss?
Solana failed to advance bullishly above a key resistance trendline due to a rejection. This was triggered by a sudden sell-off, which generated a negative sentiment and similarly positioned the market in a bearish state. Last week, Sol signalled a bullish move after locating support above the $160 level. Unfortunately, […]
AVALANCHE PRICE ANALYSIS & PREDICTION (June 13) – Avax Remains Trap In A Range, Yet To Find A Breakpoint
Since Avax switched its bearish correction to a sideways movement in April, trading has remained in a tight range – looking for a breakpoint. Once it finds that breakpoint, we can expect a massive liquidity run. Amid low trading volatility, the last three weeks have been rough for Avax as […]
RIPPLE PRICE ANALYSIS & PREDICTION (June 11) – XRP May Breakdown From This Tight Range If It Loses $0.47
While most altcoins recently broke down to a new monthly low, XRP is still captured in a tight range as it slowly gathered momentum for a big move. While bias remains bearish, it is deciding on where next to head. In the middle of the storm, Ripple posted a small […]
TRON PRICE ANALYSIS & PREDICTION (June 11) – TRX Forms New Bullish Pattern Despite Market Drawdown, Up 5% Weekly
Against the latest market trends, TRX is up and strong on the daily chart following a consistent increase since last weekend. If trading volume increases, we can expect it to gain more traction in the next few days. Tron went through ups and downs in the past months but has […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 10) –ETH Eyeing $3,600 As The Next Crackdown Level, Can It Hold?
Ethereum’s ETH outlook remains bullish on the daily chart despite posting notable losses in the past week. However, it is currently on the verge of losing a key support level to retest a recently broken resistance line. The past month saw Ethereum through a sudden surge through the $3k level […]
BITCOIN PRICE ANALYSIS & PREDICTION (June 10) – BTC Stays Calm Under $70k To Negotiate Next Major Move, Where?
Following the recent shakeout in the global market, Bitcoin BTC lost a key psychological level and closed at a loss last week. It is still weak on the day, looking for solid ground to resume its bullish trajectory. Last Friday came with a big shockwave in the entire crypto […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 8) – LTC Signals Bearish Amid Latest Dip, Breaks Down From a Wedge
As expected last week, Litecoin initiated a surge yesterday and dropped below a wedge pattern, confirming a bearish pennant breakdown on the daily chart. it appeared weak and now follows a bearish sentiment. The last two months of trading have been an interesting period for LTC as it regained momentum […]
DOGECOIN PRICE ANALYSIS & PREDICTION (June 8) – Doge’s Bias Turns Bearish Following A 10% Loss In A Fresh Crash
While reaccumulating for the next leg up, Doge witnessed an unexpected move and dipped to a new monthly low in the latest clampdown. It has recovered slightly overnight but appears set for another drop as bias turned bearish. Doge has posted a substantial gain in the past month in continuation […]
SOLANA PRICE ANALYSIS & PREDICTION (June 6) – Sol Looks Set For A Massive Rally But Can It Surpass This Resistance?
Sol is up today and is currently prime for a big move on the daily chart. It has dropped slightly from a daily high, looking for a key rebound level. Sol went through a nice recovery phase last month, posting roughly 50% gains in the first two weeks. It encountered […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (June 6) – BNB Explodes 20% to A New High, Is $1k The Next Bull Target?
BNB finally ended its two-month accumulation phase with a breakout after registering an insane gain in a week. It printed a new high and now looks set to tap more gains, following a strong bullish sentiment. Last month saw Binance Coin through a successful break above the key $600 level […]
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (June 5) – ORDI Surges To A New Multi-Week High, Aiming For April’s High
Following a slow and steady monthly increase, Ordi initiated a notable surge today and flipped through a crucial resistance to a new multi-week level. It currently looks bullish, set for a strong recovery on the daily chart. Ordi went through a lot of volatility contraction in the past month but […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 3) – ETH Continues To Flat, Gathering Momentum For A Bigger Rally?
Ethereum ETH is up today but trading volatility remained low as it continued to consolidate despite the latest market increase. However, its bullish trajectory is still intact daily, gathering liquidity for a bigger rally. Looking back to last month’s trading, Ethereum saw a massive explosion near $4k after sitting well […]
BITCOIN PRICE ANALYSIS & PREDICTION (June 3) – BTC Shows Strength Again But Can It Overcome This Crucial Resistance Lines?
Bitcoin BTC has been undergoing a retracement for two weeks but it is now showing signs of strength following a slight surge in the past 12 hours. It found support and appeared to be resuming a bullish rally on the day. The past month marked a significant recovery phase for […]
POLKADOT PRICE ANALYSIS & PREDICTION (June 3) – DOT Poises For Buy Following This Bullish Pattern, Can It Retake Previous High
Starting this week on a bearish note, Polkadot DOT appeared to have found support but is yet to bounce back on the daily chart. A big price movement should be expected soon following a fresh bullish setup daily. Looking back, Polkadot has posted notable gains over the past weeks, but […]