Arbitrum has shown a sign of strength in the last 24 hours, but the price still looks bearish from a short-term perspective. Though, it is currently consolidating above a key support level. Since the price dropped to a key psychological level of $1 in May, ARB took a breath and […]
Author: Michael Fasogbon
Lido DAO Price Analysis & Prediction (June 5th) – LDO Gains 17% Weekly After Bouncing Off a Solid Level
Lido resumes bullish after successfully breaking above a crucial resistance trendline. It retested the trendline as support yesterday and now surging toward a key resistance level. But it seems to be facing resistance. After losing momentum for three months, LDO found support above the $1.5 level and bounced off to […]
Avalanche Price Analysis & Prediction (June 5th) – AVAX Forms Double-Bottom Pattern Above Two-Week Support, Potential Bullish?
Avalanche (AVAX)’s price increased by 2% overnight after failing to sustain negative actions below the previous low. It held as support and formed a double-bottom pattern. A potential bullish reversal is in play. Following the last 24 hours’ gains across the crypto space, Avax appeared to have suspended selling pressure […]
Litecoin Price Analysis & Prediction (June 2nd) – LTC Continues to Foot Bullish, Builds up For a Potential Break
As most altcoins dropped to their bottom following past months of bearish, Litecoin remained bullish and continued to show signs of strength. It has gained almost 13% in a week. The price of Litecoin has continued to increase over the past few weeks following a bullish formation on the daily […]
Ethereum Price Analysis & Prediction (June 1st) – ETH Signals Bearish, Targets $1,700 as Next Swing Low
Ethereum and most top altcoins have suffered a substantial loss amidst the latest crypto market’s downfall. The bears are stepping back to pull the price to $1,700 in the next few days. It lost 2.5% overnight. Following last week’s recovery that pushed the price above the $1900 level last weekend, […]
Cardano Price Analysis & Prediction (June 1st) – ADA Retests This Channel’s Lower Boundary, as it Negotiates For a Break or Bounce
After witnessing a series of drops in the past weeks, Cardano reached a critical trading area where a major bounce or breakdown may come into play. Now negotiating for the next direction. The price of Cardano looks overstretched following past weeks of negative actions across the market. Due to the […]
Binance Coin Price Analysis & Prediction (May 31st) – BNB Attempts More Breakdowns After Testing Crucial Support Line
Binance (BNB)’s price depreciated by almost 20% in the last two months due to strong bearish actions. This dragged the price to a crucial support line, where it currently negotiates for a sigh of relief. Following past weeks of fallout, which saw the price through several breakdowns, BNB found support […]
SingularityNET Price Analysis & Prediction (May 26) – AGIX Establishes Support After 60% Correction, Is The Bottom in?
Just today alone, SingularityNET price went up by 13% following a significant volume inflow in the past hours. It has formed a bullish pattern on the lower time frame, looking set for a rally. In the first quarter of the year, the price of AGIX rallied by over 1000% to $0.668. It […]
Render Token Price Analysis & Prediction (May 26) – RNDR Continues to Surge as Crypto Market Loses Over $20 Billion, Jumps 14% daily
Render Token restarted bullish a few days ago after weeks of retracement. It has posted roughly 70% gains since it bounced back last week and shows no signs of weakness at the moment. As most altcoins dropped to their two-week low yesterday, RNDR remained calm and further added a few […]
STEPN Price Analysis & Prediction (May 26th) – GMT’s Recovery Halted Amid Latest Drop, Holds 3% Gains Weekly
Stepn saw a small increase in the last 15 days, but the price looks down today due to the latest drop in the entire crypto market. It lost 1% overnight but still held weekly gains. Two weeks ago, GMT’s price bottomed at $0.25 after initiating a second leg down from […]
Gala Price Analysis & Prediction (May 26th) – GALA Forms Bullish Pattern, Looking Poise For Increase
The gaming cryptocurrency – Gala surged by roughly 2% today following a slight bounce yesterday. The monthly bullishness seems to be suspended as it now forms a bullish pattern on the daily chart. Unlike larger-cap coins that rolled back to the bottom last two weeks, GALA looks a bit far […]
Bitcoin Price Analysis & Prediction (May 25th) – BTC Gains 2.5 Daily But Next Move Looks Dicey, Traps in a Range
The FUD surrounding Bitcoin lately is very much intact, but its recent sideways trend appeared to have kept traders in suspense of the next major movement. However, the price has increased by 2.5% earlier in 24 hours. After initiating a drop from $29,800, Bitcoin declined steadily for a week and […]
Dogecoin Price Analysis & Prediction (May 25th) – Doge Looks Oversold But Sellers Are Still Present, Down 0.33%
While some meme coins gained traction during the recent correction, Dogecoin remained weak as it slipped near a major support level. It currently faces an important resistance line on the daily chart. From the yearly high, Dogecoin fell heavily and lost more than 27% of its price to the low […]
Polkadot Price Analysis & Prediction (May 25th) – DOT Signals Fresh Decrease Amid Consolidation, Targets Demand Zone
Polkadot suffered a lot of losses in the past months. It looks set up for another dip while the price oscillates around $5.3 for some days. Currently, the price is down 2% daily. DOT has been in the middle of consolidation for close to two weeks now. But the sell-off […]
Binance Coin Price Analysis & Prediction (May 24th) – BNB Slips Back After Rejection, Can This Support Hold?
Earlier last week, Binance (BNB) bears had a stopover above a crucial level following a consistent roller coaster since late April. It recovered a bit and now resumes selling towards that level. Despite the relative calmness across the crypto space for some days now, the bears are not letting go […]
Kusama Price Analysis & Prediction (May 24th) – KSM Enters Oversold Zone, Looking for a Rebound Following 1% Daily Increase
Kusama dropped to a key support area last week and suspended bearish pressure after shedding a huge loss in the past three months. It showed signs of recovery today after consolidating for more than a week. One of the biggest losers in the past months of trading, Kusama saw a […]
Arbitrum Price Analysis & Prediction (May 24th) – ARB Remains Calm Following a Wedge Breakout, Incoming Bullish?
Arbitrum’s bear took a break since the price dipped to a marked level last week. The buyers pushed briefly from that price level but faced a pivot resistance due to a series of rejections. The recent drop in ARB’s price appeared to have caused serious pain for the bulls as […]
Shiba Inu Price Analysis & Prediction (May 23rd) – SHIB Enters Oversold Zone Following $3 Billion Cut in Market Cap
Since the price rolled back near the previous bottom last week, Shiba Inu (SHIB) remains indecisive and has shown no sort of recovery. It looks extremely oversold after depreciating by roughly 24% in the past month. A few meme coins like Pepe and Floki have gained a lot of traction […]