As anticipated, Bitcoin closed last week’s trading well above the $66k level and remained calm following a slight drop. It is charging back at last week’s high. A rejection there could trigger a short pullback. So far, this month has seen quite imbpressive as Bitcoin increased nicely after experiencing a […]
Author: Michael Fasogbon
ETHEREUM PRICE ANALYSIS & PREDICTION (May 20) – ETH Faces Key Resistance Line After A Week Recovery, Can It Breakthrough?
Ethereum ETH continued to lag but has managed to post a double-digit gain in a week, increasing significantly above the key $3k level. It retraced slightly due to a rejection but is now bouncing back following 2% gains. After re-establishing support at the $2,860 level last week, ETH regained strength […]
TONCOIN PRICE ANALYSIS & PREDICTION (May 19) – TON Signals Bearish Following This New Double-Top Formation, Down 8%
Earlier this month, Toncoin found support and started to increase after undergoing a short correction in April. That increase brought a full price recovery but it appeared to be rolling back following this bearish pattern. From $7.6 during last month crypto clampdown, TON took a sharp downturn and slowly declined […]
BITCOIN CASH PRICE ANALYSIS & PREDICTION (May 19) – BCH Faces Resistance After A Week Bounce, Can It Scale Through?
Bitcoin Cash increased by 13% in the past week after establishing base support above a key level. It has formed a bullish pattern on the daily chart, negotiating the next major rally as it faces a minor resistance. Ending a three-week correction at precisely $400, which is now serving as […]
INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (May 17) – ICP Bulls Push Back After Short Pullback, Can They Sustain Pressure?
ICP is slowly picking up again after witnessing a huge reduction in the past weeks. Showing signs of strength in the past hours, the price is now up 15% following a sharp bounce off a key level this week. More gains lie ahead! The past month’s recovery appeared to have […]
CHAINLINK PRICE ANALYSIS & PREDICTION (May 17) – Link Breaks Out Following A 17% Surge Overnight, Targets $17
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
ARBITRUM PRICE ANALYSIS & PREDICTION (May 16) – ARB Rejects $1 Amid Recent Surge, Is More Drops Around The Corner?
Following a quick bounce from a two-month low, ARB climbed above a key psychological level and later lost momentum due to a rejection. It quickly turned weak again and now trades back near its recent low. Arbitrum went through a lot of reductions in the last two months, losing more […]
POLKADOT PRICE ANALYSIS & PREDICTION (May 16) – DOT Tests $7 Following A Short Bounce, Can It Scale Through?
After taking a two-week downturn, DOT located a threshold and initiated a fresh increase following a sudden 5% surge yesterday. It paused buying and now looks indecisively weak on the daily chart. Since the price bounced sharply from $5.7 last month, DOT has remained in a consolidation phase, looking for […]
RIPPLE PRICE ANALYSIS & PREDICTION (May 16) – XRP Signals Bullish But Remains Trap In A Range, Breakout Lies Ahead
While trading in a range-bound, Ripple showed signs of strength today as it tapped a 4% gain. Despite a steady decline in the daily volume indicator, it found support again and continues to foot a fresh increase. Ripple’s XRP has reacted positively to the latest increase across the market, bouncing […]
SOLANA PRICE ANALYSIS & PREDICTION (May 16) – Sol Resurges Near This Critical Resistance, Will It Break This Time?
After locating solid support for two weeks, Sol resurged today and flipped through the $150 level to where it trades near a key resistance level. Breaking through this resistance should foster a fresh bullish sentiment. Following this month’s recovery from a low of $120 to a high of $159, Solana […]
FLOKI PRICE ANALYSIS & PREDICTION (May 16) – Floki Faces Rejection Again After Rising 10% Weekly, Can It Scale Through This Tough Resistance
Following another rejection, Floki paused buying earlier today and pulled back on the lower timeframe. But it appeared to be rising back after increasing by 3% increase in the past hours – looking for a breakout. So far, Floki has registered notable gains since it started to show signs of […]
PEPE PRICE ANALYSIS & PREDICTION (May 16) – Pepe Fakes Out Following Over 100% Gains In A Month, New Potential Rally In Play?
The recent performance in Pepe’s price has signalled a notable shift in the trend as it set a new bullish tone for other meme coins. Sentiment has changed and the bulls are now prepared for a massive gain. Increasing by 30% in a week, Pepe fake-out of a crucial monthly […]
ETHEREUM PRICE ANALYSIS & PREDICTION (May 13) – ETH Faces Resistance At $3k Following Latest Surge, Will It Overcome?
Ethereum ETH appeared to have found firm support as it failed to advance bearishness over the past month. It remained stagnant for days but is now showing signs of strength following a 1% gain since yesterday. Rolling back under the crucial $3,000 level last week, Ethereum became weaker and looks […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 13) – BTC Surges 2% Daily To Retap $63,000 Range In A Fresh Increase, Are The Bulls Back?
The latest surge in Bitcoin’s price seemed to have restored bullish hope as it bounced off a key level last week. It reiterated positive actions today and is now looking poise for a shift amid a fresh surge. Starting this month on a bullish note, Bitcoin recovered nicely from a […]
LITECOIN PRICE ANALYSIS & PREDICTION (May 13) – LTC Signals Bullish But Not Clear Enough Due To Low Volatility
Despite a month’s bounce back from a correctional phase, Litecoin LTC is still trading in a bearish zone as it struggles with volatility. Although it shows signs of bullish, but not clear enough to initiate an entry. During last month’s recovery across the crypto space, LTC managed to stay above […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (May 13) – BNB Remains Flat As It Faces Confluence Resistance, Can It Break Above $600?
BNB’s bullish trajectory remained intact on the daily chart, although it has faced a key psychological resistance for over a week. A clear cross above this resistance could set the crypto for a massive explosion. Unlike many altcoins in the past months, BNB did not see many losses during the […]
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (May 12) – Ordi Remains Weak, Still Finding A Key Solid Level
Ordi is still following a negative sentiment due to recent bearish market behaviour. While searching for a solid support level, it has shed roughly 53% loss so far, occupying the top losers’ spot on a weekly scale. The past two months have been an ugly moment for Ordi as it […]
AKASH NETWORK PRICE ANALYSIS & PREDICTION (May 12) – AKT Sees Full Recovery, Looking Set For A Massive Explosion
AKT has registered a notable gain since the start of the month, gaining traction in the continuation of its recent recovery from a short correctional phase. Following the latest increase, it is currently the market’s top gainer following a 45% weekly jump. The past two months saw AKT through a […]