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 MACD Indicator Flips Bearish, Scares Crypto Twitter

The MACD histogram is a technical indicator widely used to gauge trend strength and trend changes.

(Joa70/Pixabay)

Markets

Jobs Data Offers Faint Hope for Digital Assets Even as Investors Fret Over Binance, Coinbase Suits

Initial jobless claims reached their highest levels since October 2021, ahead of next week’s rate decision

BTC regional supply change (Glassnode)

Markets

Funding Rates for Bitcoin, Ether Remain Positive, Indicating Bullish Sentiment

Investors remain bullish about crypto in derivatives markets, as the CoinDesk Indices Ether Trend Indicator signals “significant uptrend”

(Getty)

Markets

Why Isn’t Bitcoin Falling More? Cryptos Are Acting More Like Commodities Than Securities

Oil is Oil, Gold is Gold, Bitcoin is Bitcoin. The market reaction to SEC enforcement is mild compared to historic price action after other tumultuous events in the crypto industry.

(Zbynek Burival/Unsplash)

Markets

DeFi Tokens Rose in a Turbulent Week: CoinDesk Market Index

Lesser known altcoins had a strong week as bitcoin and ether wrestled with macroeconomic headwinds

(Getty Images)

Markets

On Heels of First Losing Month of 2023, Bitcoin and Ether Flash Differing Signals

While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.

Keiron Crasktellanos (Unsplash)

Markets

Inflation Concerns, Strong Jobs Data Put Bitcoin on the Defensive

A strong May jobs report on Friday could set the crypto up for further declines.

The exterior of the Federal Reserve Board building (Alex Wong/Getty Images)

Markets

Dogecoin Chart Pattern Suggests Volatility Explosion Ahead

A technical analysis indicator called Bollinger bandwidth suggests dogecoin's unusual calm could soon end with a pronounced move in either direction.

Dogecoin (KNFind/Pixabay)

Markets

Bitcoin Moves Little on the Week Despite Debt Deal, Inflation Concerns

Bitcoin trades flat to move one step closer to logging its first losing month of 2023. Ether rises slightly but also seems headed for a negative May.

(Getty Images)

Markets

The Relationship Between Economic News and Crypto Prices May Be Improving

The good news equals bad news relationship between economic data and crypto prices may be changing.

(UnSplash)