Technical Analysis

Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.


Markets

Bitcoin’s Shrugs Off Positive Economic Data as Slow-Moving July Continues

Further confirmation of a slowdown in inflation failed to push prices higher on Thursday.

(Cedric Fox/Unsplash)

Markets

Bitcoin is Behaving as the Uncorrelated Asset That Some Investors Want, if Only Its Price Would Increase

Bitcoin’s recent decoupling from traditional finance keeps it on the sidelines as other asset prices have surged.

Anne Nygard (Unsplash)

Markets

Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts

A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.

BTC's daily chart (TradingView/CoinDesk)

Markets

Bitcoin Breaks Below Key Technical Indicator, but Appears Poised to Continue Its Flat Trajectory

Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets

(Getty Images)

Markets

Bitcoin, Ether Headed Toward Losing Months in Usually Upbeat July

BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.

(Getty Images)

Markets

Initial Jobless Claims Suggest Continued Fed Tightening, but Investors Appear Unfazed

Bitcoin investors have been unmoved by recent macroeconomic data. Muted reactions suggest that they’ve already priced in much of what has occurred

(Getty Images)

Markets

XRP Moving Above 'Cloud' Resistance Is Bullish Precedent for Bitcoin: Analyst

We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.

Wing plane, cloud (xuuxuu/Pixabay)

Markets

Can Bitcoin Break Out of Its Funk? The Answer Appears to Be No

While overall bitcoin and ether price performance have been strong in 2023, it’s largely been a first quarter story

(Sebastian Huxley/Unsplash)

Markets

Are Bitcoin Miner Sales Preventing Breakout to Higher Prices?

Today’s downside breach below the current low point of Bollinger Band bears watching for even weaker prices in the near future.

Bitcoin miners (Shutterstock)

Markets

XRP Moves Into the Weekly Spotlight, Dwarfing Other Crypto Assets

Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory

CoinDesk Market Indices weekly performance. (CoinDesk Indices)