Tron TRX has recovered significantly from the recent dip and is now displaying signs of strength. While looking strong, it is set to reclaim its previous high following a reverse bullish formation on the daily chart. While painting bearish scenarios for two months, TRX reaccumulated along the way down and […]
Author: Michael Fasogbon
JUPITER PRICE ANALYSIS & PREDICTION (May 8) – JUP Stays Strong Amid Latest Market Drops, Up 4% Daily
JUP is up 4% today amid the overall market deduction. However, it appeared to be facing a key resistance as it stages a new swing high. Failure to push through could invalidate the current bullish signal. Jupiter’s native token – JUP has been gaining traction for a straight week as […]
RAYDIUM PRICE ANALYSIS & PREDICTION (May 8) – Ray’s Bulls Sustain Pressure Despite Market Drops, Will They Last Long?
Despite the latest drop, Ray remains bullish and continues to show signs of strength daily. It appeared strong today following a 5% increase in the last 24 hours. The continuous increase in Ray’s price can be traced to Solana, which has been notably gaining strength since last week. Although its […]
ETHEREUM PRICE ANALYSIS & PREDICTION (May 6) – ETH Bears In Disbelief Amid Recovery As It Revisits $3,200 Range With Rejection, What’s Next?
After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 6) – BTC Retests $65k Following 15% Weekly Gain But Now Losing Steam, Will It Regain Strength?
Bitcoin recently underwent a serious reduction as it dipped to a two-month low. However, it has regained some lost ground in the past few days following a monthly recovery. It is facing resistance at the moment. Last month was an ugly period for Bitcoin, witnessing a notable break below the […]
SOLANA PRICE ANALYSIS & PREDICTION (May 5) – Sol Is Footing Fresh Bullish Move But Can It Close Well Above $150 This Week?
Despite registering several losses in the past weeks, Solana’s ecosystem continued to grow and expand monthly as new tokens are birthed. Due to this week’s surge, it has regained momentum and is now bouncing back on the daily chart. Most larger cap altcoins have recovered well since the mid-week, including […]
FLOKI PRICE ANALYSIS & PREDICTION (May 5) – Floki Forms Bullish Pattern: Signals A Fresh Buy Following An Impressive 14% Daily Surge
After recovering above a key psychological level some weeks back, Floki pulled back and found another support this week. It later showed signs of strength and slowly built up as it formed a fresh bullish pattern. The meme coins industry is slowly coming up again following consistent growth in the […]
DOGECOIN PRICE ANALYSIS & PREDICTION (May 5) – Doge Regains Strength After Weeks Of Decline, Are The Bulls Back?
Dogecoin went up 15% today following the latest recovery across the crypto space. It saw a rejection a few hours ago but is still looking strong on the daily scale. An increase above March’s high could bring the bulls back in control. In the ongoing surge in volatility, Dogecoin increased […]
POLKADOT PRICE ANALYSIS & PREDICTION (May 2) – DOT Signals A Reversal Following 5% Daily Gains: Incoming Bullish?
Yesterday, Polkadot DOT found a temporal support after falling consistently for a week. The price increased and broke slightly above a crucial resistance line, suggesting a possible bullish reversal pattern on the daily chart. Last week saw DOT through another decline after retesting the $7.58 level as resistance. It rolled […]
RIPPLE PRICE ANALYSIS & PREDICTION (May 2) – XRP Recovers 2% Overnight Amid Market Meltdown, Signals A Potential Buy?
Amid latest bloodbath in the overall market, XRP registered some losses as it dipped below $0.5 yesterday. Hence, it has seen a slight increase over the past hours and is now attempting to climb back on the daily graph. XRP has been subjected to a consolidation mode for the past […]
PEPE PRICE ANALYSIS & PREDICTION (April 30) – Pepe Trades Flat As Big Surge Lurks Around The Corner, Where Next?
Amid recent bearish sentiments across the space, Pepe remained calm as it gathered liquidity for the next major shift. It may resume its lower low and lower high pattern if the bulls fail to sustain recent momentum. After locating support two weeks ago, Pepe recovered from a dip and climbed […]
SOLANA PRICE ANALYSIS & PREDICTION (April 30) – SOL Remains Bearish Amid Market Uncertainty, Eyes Monthly Low
Solana SOL saw a nice recovery in the mid-month but quickly lost steam after retesting a key price level. It is currently in the red following a 15% cut in the last eight days. Now looking for another solid ground to halt selling. Last week, Solana traded as high as […]
ETHEREUM PRICE ANALYSIS & PREDICTION (April 29) – ETH Encounters Resistance After Days Of Recovery, Signals Sell
After witnessing a two-week bounce from the monthly low, Ethereum ETH encountered resistance yesterday and initiated a drop. Losing grip above $3,200, the price is currently down 4%, looking weak on the day. Ethereum started the second quarter with a loss but has seen a nice recovery in the past […]
BITCOIN PRICE ANALYSIS & PREDICTION (April 29) – Post-Halving: BTC Continues To Bleed After Posting Small Gains, Targets $60k
The aftermath of the halving event has led to more bloodbaths for Bitcoin BTC as it continued to follow a negative sentiment in the past week. It may lose the crucial $60k level if it bleeds throughout this week. Posting a moderate gain a few days after the halving, Bitcoin […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (April 28) – BNB Rejects This Crucial Resistance Line Again, Slips Below $600
Binance Coin BNB has recovered nicely from the monthly dip but has faced rejection again and now appears weak daily. However, it has formed a new bullish pattern – finding a nearby support to initiate a fresh increase. BNB has held well above the $500 level since the market recovered […]
LITECOIN PRICE ANALYSIS & PREDICTION (April 28) – LTC Struggles To Increase Amid Low Liquidity, Big Move Lies Ahead
Following this month’s global market meltdown, Litecoin LTC found support some weeks back and slowly climbed back as it experienced low volume inflow. While struggling to push higher, it encountered resistance and lost 5% today. Despite facing a lot of hurdles in the past two weeks, LTC appeared to be […]
AVALANCHE PRICE ANALYSIS & PREDICTION (April 26) – Avax Initiates Fresh Weekly Drop: Can It Find Support Again?
After posting notable losses for weeks, Avalanche AVAX found a solid support level and went through a slight retracement this month. But it faced rejection again and showed signs of weakness earlier this week. Last week marked a moment of relief for the bulls as Matic took a short break […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (April 26) – Matic Tests This Wedge’s Lower Boundary, Is Rebound Possible?
While some top coins have recovered nicely alongside Bitcoin, Matic still finds it difficult to regain strength as it trades at around wedge’s support. The price is weak as it enters an oversold area on the daily chart. The FUD (Fear Uncertainty and Doubt) surrounding the crypto market lately has […]