Market Analysis

For the past few days, Bitcoin has been trading within a tight and limited range. One positive aspect is that this range has formed near a recent local high, indicating that the bulls are not in a rush to exit and are…

The recent market dip had an impact on Solana's SOL token, which was facing resistance at the $20 level at the beginning of the month. Furthermore, following the recent favourable outcome of the XRP case, where the U.S.…

The price action of Ether (ETH) on July 23 indicates a tug-of-war between the bulls and bears. After bouncing off the 50-day simple moving average (SMA) at $1,852, the bulls attempted to push the price above the 20-day…

Bitcoin has been facing challenges in breaking above the $31,000 resistance level, while also finding support near the $29,500 mark. The lack of a decisive breakout indicates a consolidation phase, with the price…

This week the market was more or less dominated by bears. The recent price action of Bitcoin (BTC) shows that it struggled to maintain the $30,000 support level after a brief rally.  The inability of Bitcoin to…

The price of COMP has recently shown two higher highs on July 2 and July 15 at $71 and $76, respectively. While this might appear to be a normal uptrend at first glance, a closer examination suggests that the uptrend…

Ether is currently showing signs of support as it tries to maintain a position above the 20-day Exponential Moving Average (EMA) at around $1,897. This indicates that buyers are showing interest at these lower levels,…

The recent legal victory of Ripple over the SEC initially sparked some excitement in Bitcoin, on July 13. However, this enthusiasm was short-lived as sellers brought the price back into its previous sideways range on…

Crypto coins experienced a rise in value following a federal judge's decision in the SEC's lawsuit against Ripple Labs, which was seen as a victory for the industry in terms of defining securities. Today, the broader…

On June 30th, the price of Bitcoin Cash (BCH) reached a new high for the year, continuing its impressive rally that began on June 10th. The price of BCH has surged by an impressive 200% during this period without…