Tag: cryptocurrency

Market Analysis

RAYDIUM PRICE ANALYSIS & PREDICTION (October 16) – Ray Breaks Above $2 Following 10% Surge Daily, Greenlights Buy

Following yesterday’s breakout of a key resistance level, Ray appeared bullish daily and ready for a bigger explosion. While charging for more gains today, it faced rejection and is now slightly down on the day. Several Solana-based projects have experienced major gains in the last 48 hours, witnessing their most […]

Market Analysis

BOOK OF MEME PRICE ANALYSIS & PREDICTION (October 16) – BOME Explodes 70% Weekly, Meets Rejections After Almost Reclaiming July High

As volatility flows back into the market, meme coins are notably posting larger gains along with Book of Meme (BOME), which exploded by 20% in the last 24 hours. This brought trading back to a two-month high. Like most meme coins, BOME started this month with a loss after failing […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 15) – BTC Foots Big Moves, Will It Break Out Of Its Channel This Time?

Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoin’s price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (October 14) – TRX Eyes $0.2 But This Resistance May Pose A Little Threat

Tron’s market structure is still looking bullish from a long-term perspective. After taking a little break in buying, it recently initiated another rally after going through a short retracement. After exploding massively to a peak of $0.17 in August, TRX lost steam and retraced in the late month. This retracement […]

Crypto, News

Understanding Token Unlocking And Circulating Supply Dynamics In The Crypto Market

In the world of cryptocurrencies, the relationship between unlocked tokens and circulating supply can often vary significantly, influencing market dynamics and investor perceptions. While circulating supply is a standard metric, it doesn’t always directly correlate with the percentage of tokens unlocked as outlined in project whitepapers. Let’s examine several notable […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 7) – BTC Resumes Bullish After A Short Pullback, Is $70k The Next Key Target?

Bitcoin fundamentally opened this month on a short after failing to push above $67k in the previous month. However, it appears to have found a strong footing and is now climbing back on a daily scale. The recent monthly drop in Bitcoin’s price was seemingly triggered by the new conflict […]