Cardano remains in a red on the daily but has managed to recover briefly above the $0.45 level since yesterday. It lost 14% in the past week, but it may continue to dip until it finds strong footing for an increase. Two weeks ago, ADA rejected the $0.617 level and […]
Author: Michael Fasogbon
POLYGON MATIC PRICE ANALYSIS & PREDICTION (January 24) – Matic Trades At Critical Support, Brewing For A Bigger Drop
The past few weeks saw Matic through a steady decrease, bringing the market to a critical support area. While it decreases by more than 20% in a month, these losses are just a tip of the iceberg as a bigger drop lies ahead. Looking back, Matic started to lose momentum […]
POLKADOT PRICE ANALYSIS & PREDICTION (January 24) – This Break and Retest May Trigger More Dips, Bearish Party Not Over Yet
After sliding by 27% to $6 in the last 30 days, Polkadot saw a recovery overnight and trades calmly above this price level. It is currently taking a break as it retests a crucial level. Likely to resume bleeding shortly. From around $9.3 at the top, DOT saw a roller […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (January 23) – BNB Faints Buying After Steady Build-Up, Now Charging For A Big Drop
BNB lost buzz yesterday after witnessing a consistent increase for more than a week. However, there’s still hope for the bulls in the mid-term but it appears the bears are now back considering the last down surge. The recent build-up for bullish continuation turned out invalid with a bearish engulfing […]
AVALANCHE PRICE ANALYSIS & PREDICTION (January 23) – Avax’s Correction May End At $16 If This Key Level Breaks Down
The latest crackdown has sent most altcoins to a new monthly low with Avax shedding over 12% loss since yesterday. It is in a serious red zone with no attempt to recover at the moment. Avax has witnessed a back-to-back decline in the last 48 hours with no key level […]
RIPPLE PRICE ANALYSIS & PREDICTION (January 23) – XRP Resets Back To Three-Month Low Amid Meltdown, Can It Bounce Back?
Ripple’s XRP has extended bearishness today, registering a total loss of 18% in a month. It is trading near support with no signs of stopping yet. More sell-offs should be expected if the price continues to melt down. After cracking below a crucial demand zone over the weekend, XRP further […]
BITCOIN PRICE ANALYSIS & PREDICTION (January 22) – Bitcoin Resumes Bearish After A Brief Relief, Is $40,000 Next The Target?
Bitcoin went through a serious decline in the past weeks after testing a two-year high earlier this month. It has shown no signs of stopping yet as it may witness a bigger bloodbath in the upcoming weeks. Last weekend came with a small relief for BTC after losing momentum throughout […]
ETHEREUM PRICE ANALYSIS & PREDICTION (January 22) –ETH Is Losing Momentum But Aims This key Level For A Rebound
Ethereum has been significantly down in the past week with a current 17.9% share of the market. Although, it remains bullish on the higher timeframe, looking for a support line to foot a fresh increase. After breaking higher to a multi-month high of $2,717 two weeks ago, Ethereum initiated a […]
SOLANA PRICE ANALYSIS & PREDICTION (January 22) – SOL On The Verge Of Cracking Monthly Low Following 30% Drops In A Month
Sol initiated a fresh drop Last Thursday and lost almost 15% of its valuation in the last five days. It continued bleeding today and is on the verge of breaking into a new monthly low. It is currently down by 6%. Following a series of lower low and lower high […]
ARBITRUM PRICE ANALYSIS & PREDICTION (January 22) – ARB Slips Below $2 After Losing Momentum For A Week, Can It Recover?
Yesterday saw ARB through a major crack below a psychological level after losing steam for a week. Although, it has charted a notable loss in three days. It may retake the cracked level if the market recovers. Last week, ARB reached its highest price level of $2.42 after witnessing a […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (January 22) – BNB Remain Strong Amid Latest Market Weakness, Defying The Odd With 3% Gains
While the latest meltdown has driven most altcoins lower, BNB remained in the green zone and trades well above the $310 level with no signs of dropping yet. The price is up 3% in the last 24 hours. Following a pullback all the way from $338.3 some weeks back, BNB […]
CHAINLINK PRICE ANALYSIS & PREDICTION (January 22) – Link Recovers From Recent Low As It Forms Bullish Pattern on Hourly, Where Next?
Link saw a notable recovery today and returned 6% profits in the past hours. It has held yesterday’s low as support and quickly bounced back. The bulls seem to be stepping back with a surge on the 4-hour chart. Towards the end of 2023, Link’s price topped out at $17.6 […]
LITECOIN PRICE ANALYSIS & PREDICTION (January 22) –LTC Holds Above $70 In Preparation For Fresh Break, Where Next?
Litecoin went through a serious fluctuation this month but has managed to stay above a key level following a notable recovery in the last few hours. It currently looks bullish and at the same time poised for an increase. During the recent bullish rally, which led most altcoins to a […]
TRON PRICE ANALYSIS & PREDICTION (January 22) – TRX Rebounds After Locating Support Inside This Triangle, Incoming Surge?
Despite past days of negative sentiments across the crypto space, TRX recently initiated a fresh buy and is now plotting to advance higher. It remains bullish and may continue to show strength in the coming days. TRX is not showing any sign of stopping bullish yet as the price keeps […]
APECOIN PRICE ANALYSIS & PREDICTION (January 22) – Ape’s Bulls Are Trying To Come Back Amid Bearish But No Strong Commitment
Apecoin looks weak on the daily chart but has seen a little recovery in the last 24 hours after initiating a drawdown this week. It is more likely to resume selling as soon as the bear steps back. Following a decline from $1.88 in the past weeks, Ape tested a […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (January 18) – Matic Targets A Crucial Buying Zone, What’s Next After That?
After declining from a 21-month high in the past month, MATIC activated another drawdown a few days ago and approaches a two months support. A huge price movement should be expected if the price drops below it. MATIC slipped below the $0.83 level yesterday in continuation of its bearish trajectory […]
CARDANO PRICE ANALYSIS & PREDICTION (January 18) – ADA’s Bears Target This Key Support Level After Losing 20% In A Month
Cardano lost buzz in December and initiated a drop below the $0.6 level. It attempted this level last week but the price fell back and continued to dip. Now facing a minor support level after shedding a 5% loss in a week. ADA’s short-term bullish ended last month after testing […]
RIPPLE PRICE ANALYSIS & PREDICTION (January 18) – XRP Signals More Drops But Trapped In This Demand Zone, Down 7% Weekly
Since Ripple entered a crucial demand zone this month, the price has remained trapped. However, it paints a gloomy picture on the daily chart with a potential breakdown. The price may roll back to the bottom. Following past months of bearish, XRP has lost over 30% of its valuation in […]