marketanalysis

Discover more about marketanalysis.

Tag: marketanalysis

Bitcoin's Big Test: Can It Break Resistance Amid Regulatory News?
• Stories

Bitcoin's Big Test: Can It Break Resistance Amid Regulatory News?

Bitcoin enters a critical consolidation phase, testing critical resistance levels as regulatory environments continue to shift and evolve. Erik Lundström, an experienced blockchain editor, offers his perspective on the importance of this moment. He follows that up with a technical analysis of Bitcoin’s likely trajectory going forward. This analysis will...

IMX Breakout: A Calculated Gamble or Just Another Crypto Mirage?
• Reviews

IMX Breakout: A Calculated Gamble or Just Another Crypto Mirage?

I’ve watched enough crypto “breakouts” go wrong to fill a Web 3.0 cemetery. And the Immutable X (IMX) chart is still flashing green. I know everybody wants to get up and dance about a trendline break, but this is something we need to pump the brakes about greatly. One WorldOfCharts1...

Immutable (IMX) Demonstrates Bullish Momentum Amidst Trendline Break
• NFT Market

Immutable (IMX) Demonstrates Bullish Momentum Amidst Trendline Break

Immutable (IMX) is showing the strongest bullish signals right now as we are breaking through downward trendlines. What makes this development notable is that it shows statistically significant breaks for IMX. If rates continue to rise, that would suggest a longer-term change in market conditions. Coupled with elevated trading volume,...

Bonk's 300% Surge: A Solana Shot in the Arm or Fool's Gold?
• Reviews

Bonk's 300% Surge: A Solana Shot in the Arm or Fool's Gold?

A 300% surge for a meme coin? That’s what grabs headlines, and Bonk’s historic run this summer is no different. Given crypto’s propensity for cherry-picking narratives, it’s been splashed across crypto news as the story of a Solana resurgence, driven by a dog-themed pump. Before you jump in, let's pump...

PENGU Token Soars 143% Amid $45M Exchange Transfer: What's Next?
• Stories

PENGU Token Soars 143% Amid $45M Exchange Transfer: What's Next?

The PENGU token has witnessed a meteoric rise in price recently, making waves across the crypto community. The net gain at one point peaked at a remarkable 143% increase. This sudden surge in interest happened during a massive transfer of tokens to the top exchanges, creating concern and speculation about...

Hayes' Ethereum Season Call: 3 Reasons It's Different This Time
• Reviews

Hayes' Ethereum Season Call: 3 Reasons It's Different This Time

Arthur Hayes wants an Ethereum season to come. Again. We've heard it before, right? This time, something feels different. This isn’t hopium powered by crypto Twitter. There should be no shortage of reasons, grounded in data, to think that Hayes might be on to something. But let's not get carried...

XRP to $5? The SEC Case's REAL Impact on Crypto
• Reviews

XRP to $5? The SEC Case's REAL Impact on Crypto

The million-dollar question on everyone's mind: Will XRP actually hit $5? Look, I'm not a fortune teller, and anyone promising you guaranteed riches in crypto is probably selling something you don't need. Here’s where you get to the actual effects of the SEC’s case, which are more insidious and dangerous....

Dogecoin to $23? Why This Analysis Misses the Mark
• Reviews

Dogecoin to $23? Why This Analysis Misses the Mark

I've seen the headlines. Dogecoin to $23? A 2,272 extension based on Fibonacci retracements? On the surface, it’s thrilling, a digital siren song luring the naïve and unprepared to gold rushes of speculative fortune. Cantonese Cat (@cantonmeow) did the legwork, plotting out those Fibonacci levels and predicting where future resistance...

Dogecoin's 36,000% Spike? The Sobering Truth No One Wants To Hear
• Reviews

Dogecoin's 36,000% Spike? The Sobering Truth No One Wants To Hear

Let's be blunt. You've seen the headlines. Dogecoin is “ready” for another huge surge, potentially all the way up to $1, or some such silly number like $2.40. Some are even murmuring about a second coming of the mythical 36,000% increase. Before you eff your whole life and YOLO into...

Dogecoin Surges Past $0.2, Echoing 2020 Trends Before Massive Rally
• NFT Market

Dogecoin Surges Past $0.2, Echoing 2020 Trends Before Massive Rally

Dogecoin (DOGE) has recently experienced a notable surge, exceeding the $0.2 mark and sparking discussions about its potential for further growth. This unprecedented surge has piqued the interest of investors and analysts everywhere, particularly in light of the cryptocurrency’s past trajectory. This current market behavior is a very similar situation...