The integration provides a high-level overview of both ecosystems, allowing cryptocurrency teams to run their own queries and get insights from the raw data.
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.
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DOGE's price surge is driven by increased whale accumulation, X payment platform's license approvals, and heightened interest in the derivatives market.
3100Today's Litecoin price surge comes after a significant influx of LTC supply into circulation and a rising hash rate ahead of Bitcoin's halving event.
704DOGE's bullish fractal also gains support from expectations of interest rate cuts, the upcoming Bitcoin halving, and Elon Musk's influence.
9770Bitcoin's previous bull market correction has witnessed declines ranging from 20 to 40%. Could the history repeat in 2024?
20894XRP’s price is trailing the broader crypto market’s gains, but fractal analysis suggests it may soon gather upward momentum.
11154Rising Bitcoin ETF inflows and increasingly favorable technicals suggest that the BTC price might rise above $90,000 in the coming weeks.
9513Bitcoin price seesaws above $62,000 as U.S. spot Bitcoin ETFs hit record net inflows and trading volumes on Feb. 28.
3335In recent quarters, Solana's increasing on-chain activity points to a strong underlying demand for SOL tokens.
25743Network capacity is a growing issue for Ethereum. The Dencun upgrade may help, but the broader solution lies in multi-chain solutions — appchains and rollups.
5958The ETH/BTC pair is showing weakness today. Cointelegraph explains why.
10222Ethereum may have spot ETFs in a few months, but Solana has superior speed and UX design. Its market dominance is inevitable.
12318BNB’s price has reached its highest point since November 2022, with an underperforming Bitcoin and a gaming platform launch on Binance Launchpool serving as primary catalysts.
1106Chain development kits (CDKs) are expanding the universe of possibilities open to developers on the Ethereum network.
16166Broader market uptrends and Solana's network outage have triggered this week’s rise in ADA price.
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