Altcoin Watch
SUI’s prevailing ascending channel and Fibonacci setup project $7.56 as the new record high target.
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Tech Analysis News
Technical analysis, often abbreviated as TA, is a method used in the cryptocurrency market to evaluate and predict price movements based on historical market data. Cryptocurrency traders utilize a range of technical analysis tools and techniques to make well-informed decisions. It mostly focuses on analyzing price charts and finding patterns and trends by using statistical measures. Moving averages, support and resistance levels, the relative strength index and Bollinger Bands are frequently used tools in technical analysis.
Technical analysts believe that historical price movements tend to repeat themselves, and certain patterns can indicate future market direction. For instance, a head-and-shoulders pattern might suggest an upcoming trend reversal. Traders also use chart patterns like flags, triangles and double tops to anticipate market movements. Moreover, indicators like the moving average convergence divergence help gauge the strength of a trend.
However, it’s essential to note that technical analysis is not foolproof and should be used in conjunction with other methods.
- Market Analysis
XRP traders say it has the potential to rebound to $3.40 as the SEC begins a formal review of WisdomTree’s spot XRP ETF application.
8204 - Market Analysis
The combined altcoin market cap (minus ETH) surged 1,400% and 200% following Ether's close above a certain Gaussian Channel threshold.
9230 - Altcoin Watch
XRP price risks a possible 16% plunge to $1.96 if the support at $2.31, provided by the 200-day SMA, does not hold.
4520 - Market Analysis
Data suggests that Bitcoin’s buyers are exhausted following the rally to $111K, but traders still say BTC has the strength to race toward $150K.
3760 - Altcoin Watch
Solana price is 86% higher than its $95 lows reached on April 7, as onchain data and a classic pattern suggest that SOL may continue climbing to new all-time highs.
2239 - Market Analysis
HYPE is echoing Solana’s 2021 breakout pattern, with technicals pointing to a potential 240% rally by July.
5081 - Altcoin Watch
Bitcoin’s breakout is reviving memecoin mania, with FARTCOIN, POPCAT, and others flashing technicals with massive upside potential for the current bull cycle.
4427 - Market Analysis
Bitcoin reached $108,000 for the first time in four months, prompting calls for new all-time highs above $110,000 and a possible top at $200,000.
4492 - Market Analysis
Most recent Bitcoin golden crosses have triggered major rallies, though not without notable failures like the February 2020 bull trap.
20234 - Market Analysis
A potential inverse head-and-shoulders pattern suggests Bitcoin could retest $91,000 before any meaningful bullish breakout resumes.
6220 - Altcoin Watch
XRP’s short-term technicals show signs of upside exhaustion, with some patterns pointing to a drop under $2.
16214 - Market Analysis
XRP price technical breakouts support a strong bullish continuation toward $3.69 in the short term and $17 in the long term.
3295 - Market Analysis
The US will cut tariffs on Chinese goods from 145% to 30%, and China will slash duties on US imports from 125% to 10%, boosting Bitcoin's breakout potential.
11021 - Market Analysis
Ethereum’s bullish fractals, emerging altseason signals, and strength over SOL, XRP fuel $10,000 ETH price target speculation.
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