Bitcoin Cash’s BCH volatility remains low despite the latest increase across the crypto space. It continues to gather momentum as trading stalled under $300 for months. However, it is still looking bullish on a monthly chart. After bouncing off $220 last month, BCH faced resistance at $244 and pulled back […]
Author: Michael Fasogbon
AVALANCHE PRICE ANALYSIS & PREDICTION (February 9) – Avax Shows Signs of Strength Amid Latest Market Recovery, Faces Monthly Resistance
Avax appeared to stall under a key resistance for two weeks but has managed to post 10% gains despite facing hurdles. Having seen a slight bounce this week, it is still finding it difficult to break higher. Last weekend, Avax rejected the $38 level after failing to sustain recovery. It […]
MANTRA PRICE ANALYSIS & PREDICTION (February 9) – OM Returns Over 1000% Profits In Three Months, Shows No Sign Of Slowing Down
Mantra OM continued to gain traction weekly, sparking a staggering 100% gain overnight as it reached a new milestone. The price looks strong on the daily chart with no signs of slowing down. More positive actions lie ahead. After taking a small break last weekend, OM pulled back into the […]
POLKADOT PRICE ANALYSIS & PREDICTION (February 9) – DOT Slowly Picks Up As Explosion Underways, Where Next?
Following recent price recovery across the crypto space, Polkadot DOT increased by 8% in three weeks but appeared to be struggling with volatility. However, it remains strong on a weekly scale and looks set to claim more highs. Most altcoins have stayed in the shadow of Bitcoin’s bounce lately as […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 8) – Link Faces Rejection After Breaking Out Of An Accumulation Phase, Pullback Lies Ahead
Chainlink recently broke out of an accumulation phase and is now up by 23% in seven days. It faced rejection and cooled off briefly. While the price remains strong, it may undergo a slight pullback to fuel a fresh increase. Following late January resurge from $13.3, Link climbed above the […]
TRON PRICE ANALYSIS & PREDICTION (February 8) – TRX Continues To Increase Daily As Price Doubled In A Year
While Tron ecosystem has attracted a lot of volumes in the past months, its price increased exponentially with over 100% gain in the past year. It is trending highly bullish this month following a recent breakout. The continuous increase in TRX’s price has gained a lot of traction amongst traders […]
LITECOIN PRICE ANALYSIS & PREDICTION (February 8) – LTC Remains Trapped Despite Recent Gains, Can It Break Above This Crucial Resistance?
Litecoin has shown little strength following the latest surge in Bitcoin’s price but it is still finding it difficult to push above its two-week high. An increase above $80 should bring the coin out of its short-term bearish phase. After rolling back to its local bottom in January, Litecoin saw […]
BONK PRICE ANALYSIS & PREDICTION (February 7) – Bonk Sets To Continue Correction As It Trades Around This Key Support
Bonk appeared to be resuming bearish correction again after staying calm for a week. A clear break below the key $0.00001 support level may trigger a huge drop. Selling pressure appears low at the moment. After correcting by more than 30% to $0.0000093 earlier this year, Bonk bounced and found […]
DOGECOIN PRICE ANALYSIS & PREDICTION (February 7) – Doge Stays Calm As Crackdown Lies Ahead, Watch These Key Levels
Doge’s trading has entered a crucial support zone after witnessing several losses in the past months. Amid the latest volatility shrink on the daily chart, it appeared to be preparing for a big expansion. The leading meme coin – Doge has halted selling for the past couple of days as […]
SHIBA INU PRICE ANALYSIS & PREDICTION (February 7) – Shiba Remains Firmly Above $0.000008 Despite Series Of of Lower Highs, Will It Break This Time?
Shiba SHIB has charted some notable loss in the past weeks and has continued to appear weak by the day. It recently initiated a drop, but the gravity is yet unknown if the price will go through or not. Despite a series of lower highs in the past weeks, Shiba […]
ETHEREUM PRICE ANALYSIS & PREDICTION (February 6) – ETH Poises For Gains After Forming Double-Bottom, Incoming Explosion?
Amid market calmness, Ethereum continued to recover but it is likely to face a key resistance soon. Failure to push above this resistance may lead to another drawdown. Its bullish trajectory remains intact from a short-term perspective. Ethereum has shown no sign of correcting lower with the latest price action […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (February 6) – BNB Remains Indecisive Following Multiple Rejections: Calm Before The Storm
BNB remained under bearish correction as it continued to respect a six-week resistance line. Despite multiple rejections, it has managed to stay above an important mark level. A drop below it could lead to more correction. Following a slight bearish close in January, BNB started this month with a consolidation […]
SOLANA PRICE ANALYSIS & PREDICTION (February 6) – SOL Remains Bullish Despite A Week Drop, Can It Reclaim This Psychological Level?
Solana has turned slightly weak since it rejected the $106 level in late January, although the trend remains bullish on the higher timeframe. A bounce above last month’s low could fuel an increase. Otherwise, it may break down. The recent indecisiveness in the market has made Solana’s next move unpredictable. […]
MANTRA PRICE ANALYSIS & PREDICTION (February 6) – OM Nears An Exhaustion Point After Posting Massive Gains, Potential Reversal At Hand
Mantra has been gaining traction for the past couple of days following a daily 30% increase. It has overcome a lot of obstacles in the latest surge as the price nears the buying target level. The surge may end soon. While most altcoins almost reached their top during the pre-bull […]
RIPPLE PRICE ANALYSIS & PREDICTION (February 6) – XRP Rolls Back To Bottom, Can It Foot A Fresh Increase?
After several crackdowns in the past two months, Ripple extended bearishness this week and traded back at the bottom. It bounced slightly in the mid-week but remained weak daily as it lost over 20% in two months. XRP has finally rolled back to the bottom following a steady decrease for […]
GALA PRICE ANALYSIS & PREDICTION (February 3) – Gala Shows No Signs Of Strength As It Continues To Lose Momentum Weekly
Gala remained in a bearish condition with no signs of recovery at the moment. It has seen more than 20% loss since the start of the year and is yet to locate firm support to initiate a buy. Going back to late 2023 when Gala started a bullish cycle with […]
CURVE DAO PRICE ANALYSIS & PREDICTION (February 3) – CRV Remains Indecisive After Locating Support Near Bottom, Where Next?
After shedding more than 40% loss in almost two months, Curve DAO fell back near its bottom and temporarily halted bearish. It has bounced slightly and now forms a bullish pattern on the lower timeframe. CRV entered this year so weak after ending a two-month rally at $0.73. It lost […]
FTX TOKEN PRICE ANALYSIS & PREDICTION (February 3) – FTT Bounces After Retesting A Key Level, Reaching Exhaustion Point?
FTT bounced off a key price level yesterday after retesting it as support. It has provided another big opportunity for a long-term buy after falling to its lowest price level in two months. The trend is likely to reverse soon. Following several drops in the past seven weeks, FTT extended […]