Bitcoin has been on an impressive bullish streak for the past nine months, maintaining a consistent upward trajectory within a defined range. Extending the historical resistance and support lines only reinforces the strength of this bullish trend. As of both today and yesterday, Bitcoin has remained steady at the support level. While minor corrections have...
NEAR appears to be undergoing a corrective phase after experiencing a significant surge from $1 in October to $4.49 in late December 2023 – an impressive upward movement within just three months. A correction is not only expected but quite fitting. There's a possibility it may dip to $2.5 before making its way back up toward its previous all-time high (ATH),...
I wouldn't consider buying Injective at the moment. The price surged sharply from $6 to $40, and a pullback after such a steep increase is only logical. The presence of a yellow horizontal line above two peaks suggests an upcoming downtrend, which indeed occurred. While the fundamentals of Injective are sound, there's a possibility it could experience a further...
Ethereum has been exhibiting more significant price fluctuations than Bitcoin recently. It often stands out as one of the top preferences for newcomers entering the cryptocurrency realm. When delving into the world of crypto, acquiring some Ethereum is considered a fundamental step. It maintains a solid position as the second-largest cryptocurrency by a...
Bitcoin is currently displaying notable strength in the market. Despite encountering several sell walls recently, the leading cryptocurrency has successfully broken through each one. The buying power has proven to be stronger than the sell walls, even after experiencing a significant drop from 49,000 to 38,500. This decline aligns with the expectations of most...
The downtrending line in the graph ends exactly with the value of numerai today, 20,04. While I was making the chart and writing about it, it crossed the fibonacci line and raised higher. We can see a clear upline trend in the last months. That one ends at 27.00 That is around 30% higher and would be a great gain. Followng the uptrend, this can happen in a couple...
Avalanche looks to be in a downtrend, but in this trend it still has a target to go up to the 45usd region, which is 30% up from today. From there, a break-out can be virtually limitless. Under perfect market circumstances, like in a bullrun which many analists will take place later this year, I won't be too surprised when it reaches above 500 or even 1000....
The steady upward trend of Tron might interest many investors who like the combination of creativity and earning money with internet content. Because that is the main goal of Tron: to facilitate creative people to earn income with various content. The fundamentals of Tron are quite nice. The price action of Tron is a steady upwards flow, accompanied by some...
Sia is the first data storage on the blockchain. It exists quite long. You can safely store data on the blockchain, against a very competative price. People can act as hosts to earn coins. You can easily earn 30k coins per year, using the overcapacity of your own computer. For a long time investments in Sia didnt seem to realize interesting profits. That is until...
Cartesi drives investors wild, though the fundamentals are very steady. Cartesi is basically a virtual machine with roll-ups to side chains that improve scalability of computations, and therfor improves the quality and speed of blockchain technology, without giving in on security. The PA movements of Cartesi are extreme, and in many times they don't follow BTC....
The crypto bull market of last week has been somewhat nervous, because of a major downtrend, from 49k till 38500. UMA skyrocketed though. There was some great news of a solution for lending protocols that can save lenders of money 10s of millions during a year. While all crypto went down hard, some more then bitcoin itzelf, UMA went up 21% on some days. Then it...
There are no bears, just as there are no bulls. There is a pre bull market going on though, and like every pre bull market it has extreme bearish weeks. Just as it is the other way around. At least BTC price action is always interesting and hardly ever crabbing. Whales can make it fly like an eagle or drop down like the same bird. In both flight patterns we always...
After making high gains in november and december 2023, Storj has been falling to lower levels because of profit taking. Profit taking is a healthy, natural reason to lower the value of any asset, but the fundamentals are unchanged. So there is still a higher price to be expected. First target is usd 1.22, its high from end of 2023. That means it doubles the price...
0x (ZRX), speak out: zero-x, is a decentralized exchange (DEX) protocol on Ethereum facilitating peer-to-peer trading of ERC-20 tokens. It enables decentralized exchanges, liquidity aggregation, and off-chain order relaying, improving speed and reducing slippage. The ZRX token serves as the native utility token for governance and protocol upgrades, allowing...
With Tezos you have many opportunities to buy low and sell high. It is defintely riding an upwards trend, but in a choppy kind of way. Tezos follow BTC, but mainly in bigger moves. When BTC goes down 1 percent, sometimes Tezos goes down 2, and the other way around. It is a very volatile coin. As investor in this coin you have to be rational and look at your...
When you look for a new coin to invest in, Stacks (stx) might be a good option. Many influencers, analists and coin traders think it will rise high. Some even talk about 1000% within 1 year, but let's keep in real and in the short term. Now stacks is moving down, while t has gone up for quite a while. The price is consolidating. Every rise in price of an asset,...
ENS has been going up now for a while. Today it goes down, amidst other coins going up. It might even go down all the way to 20 or just under. Then new investors will step in. After 20, it will go up with a new first target of 30.
A pre bull run is recognizable on the chaotic pattern it makes. We have bull run in the morning, bear dumps in the evening, and the other way around on the next day, This is a sign we enter the bull market though. Many investors are caught by fear and take profits. They will step in later. Other people fomo to buy the bottom, just to see a lower bttom in the next...