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

Here Are Two Reasons Why XRP Price May Slide: Godbole

CME's denial of XRP futures contradicts the optimism seen earlier this month, as technicals point to weakening of the uptrend.

Slide. (GuentherDillingen/Pixabay)

Markets

Monero's 'Basing Pattern' Breakout Points to Price Gains Ahead

Monero has topped $200, confirming a bullish shift in market trend.

XMR's price appears headed north after bullish breakout. (beasternchen/Pixabay)

Markets

Is Bitcoin Bottom In? BTC's Price Action is Inverse of December Peak Above $108K

BTC's latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.

BTC's price slide may be over. (xing419/Pixabay)

CoinDesk Indices

Bitcoin's Outlook: Short-Term vs. Long-Term

Despite signs of short-term bearish signals, the long-term outlook for bitcoin remains bullish from a technical analysis perspective. By Katie Stockton.

Viewing the world with an old perspective

Markets

Bitcoin’s Potential 'Head and Shoulders' Pattern Points to a Sell-Off to $75K: Godbole

BTC’s latest price drop might be setting the stage for a major bearish reversal pattern.

Ether bears have an upper hand following the trendline break (Shutterstock)

Markets

Beware of Bitcoin's 'Shooting Star' at Record Highs: Godbole

The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher.

Bitcoin's shooting star candle signals a need for caution among the bulls. (gustavito1917/Pixabay)

Markets

SOL's Evolving Throwback Pattern Makes It Enticing for Breakout Traders: Godbole

The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.

Tennis, ball. (anais_anais29/Pixabay)

Markets

This Bitcoin Indicator Echoes Early November Vibe That Presaged a 40% Price Explosion

BTC's range-bound trading might be over soon, according to a widely tracked volatility indicator.

Stablecoin inflows have stalled ahead of the CPI report.(sergeitokmakov/Pixabay)

Markets

XRP Price Raises Bull Flag as $5 Call Options Heat Up: Godbole

XRP's price pattern is teasing a major bullish pattern alongside increased activity in the $5 strike call options on Deribit

XRP looks north. (StockSnap/Pixabay)

Markets

FOMO Traders Beware, Bitcoin's 'High-Wave' Price Action Points to Confusion: Godbole

BTC's latest price action signals considerable confusion in the market in a shift away from the recent dominance of the bulls.

The next wave of bitcoin corporate adoption is here. (dimitrisvetsikas1969/Pixabay)