Market Analysis

Market Analysis

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 […]

Market Analysis

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 […]

Market Analysis

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. […]

Market Analysis

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 […]

Market Analysis

INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (February 3) – ICP Reclaims Weekly High Following A Daily 9% Bounce, Signals Bullish

Following last week’s rejection that brought a quick recovery to price, ICP found another support this week and looks poised to break out of its two-week high. It appeared the bulls are back with 12% gains in 7 days. ICP retraced briefly some days ago after failing to push above […]

Market Analysis

POLYGON MATIC PRICE ANALYSIS & PREDICTION (February 3) – Matic Ends Recovery At $0.83, Slowly Resuming Bearish Impulsive Movement

Matic is down 3% today following a recent price rejection. This led to a slight decrease over the past hour as bearish actions slowly returned to the lower time frame. Matic further recovered this week and completed a retracement movement after testing $0.83. It faced rejection there and initiated a […]