CoinEdition

CoinEdition Jan 30, 2023

From the chart above, we can observe that Binance Coin is trading above the 200-day moving average. After being in the bear market for months, BNB finally crossed over the 200-day moving average and traded above the line indicating the market has finished its bearish moments. However, if we zoom it out, it has been trading rangebound between its resistance and...

CoinEdition Jan 27, 2023

From the chart above, we can observe that Stratis (STRAX) has been in a bearish trend for a long time. However, STRAX has just crossed over 200-MA with a single wick. If the present bull run is continued, we can expect STRAX to rise up to $1. However, another possible scenario is that if STRAX cannot break its weak high, STRAX can reach back to its previous order...

CoinEdition Jan 26, 2023

Looking at the daily chart of BTC/USDT, the BTC price was swinging from $16,514 to $25185.29 within the past few weeks after going to its lowest of the month at $16,514. Bouncing back from the support level, BTC is trying to break out its previous order block placed at the previous strong high. If the bulls are able to break out of that order block, we can expect...

CoinEdition Jan 24, 2023

From the chart above, we can observe that Rich Quack (QUACK) has been inside a rising wedge. If QUACK follows the nature of the rising wedge, we can expect a break out to the lower trendline of the wedge and falls towards its support zone at its weak low, ranging from $0.0000000008896 and $0.0000000008391. However, another possible scenario is that if QUACK cannot...

CoinEdition Jan 23, 2023

The daily chart of APT/USDT shows that APT has been trading in bulls after bouncing back from its strong low forming at $3.0708 on 30, December 2022. APT will likely swing sideways for a while and an inevitable break out from the sideways and reach up to $34 . However, there is another possibility that it can dump back to its previous order block at $8 ....

CoinEdition Jan 19, 2023

The chart above shows the 1Day chart of Rocket Pool 200-day and 50-day Moving Average (MA). RPL is on a bullish trend, as indicated in the recent uptrend. Also, since the gap between the moving averages is small and within the recently formed candlesticks, the price of Rocket Pool (RPL) might experience a big rise or fall in the future. From the chart above, we...

CoinEdition Jan 18, 2023

From the chart above, we can observe that Ethereum (ETH) has been falling a lot since April 2023. Moreover, Ethereum has been trading inside an ascending triangle and now finally crossed over the 200-day moving average indicating a bullish era is starting. However, investors need to still wait for a clear breakout from one side of the ascending triangle for a...

CoinEdition Jan 18, 2023

Looking at the 1-hour chart of Solana, it has been trading in the bilateral pattern, descending triangle. If Solana breaks the upper trendline, it can reach up to $26. However, if the bears favor the market, we can expect Solana to reach back to the $18.56 price level. Upon examination of the moving averages, it appears that SOL is currently trading above the...

CoinEdition Jan 17, 2023

The daily chart of AMP/USDT is showing that the price of AMP has been fluctuating between $0.00313 and $0.00575, after reaching a support level of $0.00304. The price has now reversed from this support level and is approaching the 200 moving average, indicating a high probability of volatility in the market. Meanwhile, our long-term AMP price prediction for 2023...

CoinEdition Jan 16, 2023

The Relative Strength Index (RSI) shows a line at 39.58 and a rising gradient edging away from the 30-oversold boundary and steadily climbing to the 50-center line. If the RSI score remains stable, this can be a bullish indicator because it indicates that buying and selling activity is balanced. Above chart show that the MACD line has crossed below the signal...

CoinEdition Jan 16, 2023

If AGIX breaks the upper trendline and rises higher, we can see AGIX reach and break its previous weak high at $0.25560. But the Bollinger bands are not contracting at the moment, which means there is no high volatility in the market. The upper Bollinger band sits at $0.20274 while the lower Bollinger band is at $0.15107. Another scenario is that we can expect...

CoinEdition Jan 13, 2023

Looking at the daily chart of FET/USDT, the FET price was swinging from $0.08231 to $0.1683 within the past 30 days after going to its lowest of the month at $0.08231. Bouncing back from the support level, FET seem to aim towards to the previous order block at $0.31. If FET is able to break out of the order block and rises higher, we can expect FET to reach...

CoinEdition Jan 13, 2023

Looking at the daily chart of AGIX/USDT, the AGIX price was swinging from $0.04308 to $0.1207 within the past 30 days after going to its lowest of the month at $0.04308. Bouncing back from the support level, AGIX is now trading inside a bearish pennant. If AGIX tends to break out the upper trendline of the pennant, traders can take the long entry and hodl...

CoinEdition Jan 11, 2023

Looking at the 1-Day chart of LUNC/USDT, the LUNC price was testing the support level of $0.00016041 and $0.00014382 quite a few times. It reversed from the support level of $0.00014382 and now trading inside the symmetrical triangle. As soon as it breaks out of the symmetrical triangle, we can expect a huge rise or fall in the coming weeks. Meanwhile, our...

CoinEdition Jan 11, 2023

Illuvium (ILV)’s value on the 1-day chart of ILV/USDT is 70.32. This indicates that ILV is now inside the overbought region. There is a possibility to see a reversal/retrace forming soon. The above 1-day chart of ILV/USDT states that ILV has been in the bearish era since 2021 December. Looking at the chart, ILV is now in the descending triangle. Due to the nature...

CoinEdition Jan 10, 2023

Looking at the daily chart of ZIL/USDT, the ZIL price was swinging from $0.01541 to $0.03426 within the past 30 days after going to its lowest of the month at $0.01541. Bouncing back from the support level, ZIL is trading in the previous order block formed on 08 November 2022. If ZIL is able to break out of the order block and rises higher, we can expect ZIL to...

CoinEdition Jan 10, 2023

Stated above is the one-hour chart of Cardano price analysis. The above 1-hour chart states that Cardano is now trading above the major moving average line, 200-day MA. This is proof that Cardano is gaining its bullish momentum after breaking out of the previous flag within the past few days. Moreover, the resistance of Cardano lies at its weak high forming at...

CoinEdition Jan 10, 2023

This bearish daily chart shows that the price of ATOM has decreased since last month. If this price decrease continues, ATOM could break the $5.939 support level and move lower to $4, the bearish signal for 2023. Presently, ATOM is on a bearish trend as indicated in the recent downtrend. Since the 200-MA is above the 50-MA, we can deduce that the price is bearish...