Market Analysis

24th May 2023 | ZebPay Trade-Desk A diverse range of stakeholders, including cryptography scholars, privacy advocates, public authorities and technology companies were involved in the Second Crypto War as was the…

Ether has been trading near the 20-day EMA ($1,833) for the past few days. Although the bears successfully defended the level, the bulls kept the pressure up. This improves the prospects for a break above the 20-day…

Bitcoin and other major crypto tokens continued to weaken on Friday, ahead of a low-volume weekend. Much weighs heavily on Bitcoin, and macroeconomic uncertainty continues to plague traders. Concerns over a debt ceiling…

LTC is gearing up for an eventful period over the next eight weeks. Litecoin halving is approaching, an event that has caused significant market activity in the past. The scarcity factor could theoretically increase the…

Ether rallied from the 50% Fibonacci retracement level of $1,754 on May 12th and after a few days of consolidation, the bulls pushed the price to the 20-day EMA ($1,854). The bears will attempt to vigorously protect the…

Bitcoin appeared to regain $27,000 at the weekly close on May 14th as volatility surged in after-hours trading. The asset hit its highest level in several days, reflecting a rise of around 7.5% from local lows set in…

Crypto markets traded mixed this week after consumer price inflation rose at a slower-than-expected rate in April. Cardano, Solana and Polkadot traded for gains while Bitcoin, Ethereum and Polygon traded for declines.…

Bitcoin begins a new week at the centre of fresh drama which has put pressure on price action. Traders are faced with Downside volatility thanks to a full memepool and explanations pointing fingers at multiple parties.…

Polygon (Matic) bounced off the $0.94 support on May 2nd, suggesting that the bulls are aggressively trying to protect the level. The 20-day EMA ($1.02) is turning down and the RSI is in the negative territory,…

The bulls are struggling to push and sustain Ether’s price above the 20-day EMA ($1,896), which indicates that the bears are attempting to turn this level into resistance. The 20-day EMA form is gradually turning down…