Altcoin Watch
XRP could avoid another leg down if bulls hold the altcoin above the $2.40 support level and whales show signs of buying again.
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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.
- Altcoin Watch
Dogecoin’s price is climbing today, driven by the launch of a dedicated DOGE reserve and growing investor appetite for altcoins.
579 - Market Analysis
XRP price needs to stabilize above the $2.50 level for a continued move toward $3 and potentially higher levels.
2272 - News
Ether whale accumulation started rising at the beginning of March, suggesting that large holders are expecting an ETH rally in the near term.
13888 - Market Analysis
Bitcoin is paring recent losses but still struggles to sustain its uptrend, leading some analysts to predict another drop to as low as $65,000.
13003 - Altcoin Watch
Ripple still faces a legal hurdle with an injunction preventing XRP sales to institutional investors, but price chart technicals are showing promise nonetheless.
20688 - News
Investor sentiment hinges on the FOMC meeting and Fed Chair Powell’s signals, which may sway Bitcoin’s next price move, according to crypto analysts.
14082 - News
Stablecoin volatility and the incoming FTX repayments may further limit Solana’s price action as traders await the outcome of a key technical chart pattern.
2848 - Altcoin Watch
DOGE’s extremely oversold conditions hint at price reversals akin to its 400% price boom in 2024.
8471 - Market Analysis
Bitcoin’s price could surge to $120,000 by July or August as hedge fund accumulation further strengthens the bullish outlook for BTC price.
3858 - Altcoin Watch
TON price may rise toward the $5-6 range next as it bounces sharply from its lowest levels in a year following Pavel Durov's exit from France, technicals suggest.
1957 - Altcoin Watch
XRP price is testing a historically significant resistance level, whose breakouts have preceded a minimum 160% boom versus Ether in the past.
28731 - News
Ether’s decline below the $1,900 “robust” demand zone may bring significant new buying pressure for the world’s second-largest cryptocurrency.
5606 - Market Analysis
Ether has ignored oversold signals for two months already, raising concerns that a bottom against Bitcoin is still not in.
5160 - Altcoin Watch
DOGE price is down 8% on March 11, and rejection from a major resistance zone points to a deeper correction in the short term.
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