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 […]
Market Analysis
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. […]
CARDANO PRICE ANALYSIS & PREDICTION (February 6) – ADA Preps For Another Drawdown As It Signals Sell On Lower Timeframe
Cardano’s ADA recovery phase appeared ended following a recent rejection. It has formed a bearish pattern on the lower timeframe and is now looking set for a decrease, but selling volume seems low at the moment. The past 8 days have been a sigh of relief for Cardano’s bulls due […]
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 […]
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 […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 3) – Link Breaks Out Of An Accumulation Phase, Sets For A New Rally
After months of accumulating above $13, Link broke out today and registered almost 25% gains in the past week. It appears set for a new rally and is likely to post more gains in the coming day. Link started to show signs of strength last week and later became strong […]
APECOIN PRICE ANALYSIS & PREDICTION (February 3) – APE Remains Calm Amid Latest Decrease, Brewing A Surge
This week, Apecoin remained indecisive with no signs of major movements since the start of the week. Today, it showed strength and tapped 8% gains. However, the trend is still on a downward slope. During last week’s mini-recovery, Ape also joined other altcoins in the bounce to a week high […]
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 […]
ETHEREUM CLASSIC PRICE ANALYSIS & PREDICTION (February 1) – ETC Remains Strong Despite Latest Market Drops
As most top altcoins turn red today, Ethereum Classic remains strong on the daily but has retraced briefly. Buying pressure is still intact following a 10% gain in the last 7 days. This month, ETC witnessed a massive surge in volatility and tapped $32.4. The price pulled back from that […]