technical analysis

After surpassing $45,000, Bitcoin (CRYPTO: BTC) has now soared past the $47,000 mark, marking a 16% increase since Jim Cramer's Jan. 22 tweet that it is "unlikely to find its footing." Analysts see potential for further gains ahead of the halving. What Happened: Bitcoin...

Solana (CRYPTO: SOL) defied an outage and is up 5% on the day, underscoring bullish sentiment among cryptocurrency traders. What Happened: While the Solana outage caused prices to drop briefly, it marked a local bottom. Santiment data indicated quickly improving sentiment to lead the 5.4%...

Cardano’s (CRYPTO: ADA) 9% single-day rally prompted more bullish projections from analysts. The Cardano Foundation highlighted significant achievements during the year 2023. What Happened: In the past 24 hours, Cardano surged 9.3%, reaching its highest levels since August 2022...

Cryptocurrency trader and analyst Moustache indicated the technical altcoin chart has changed to green, signaling a 70% potential upside. What Happened: The analyst noted the Gaussian channel, which changed to green in 2016 and 2020, has historically provided a positive signal for...

A New York judge ordered Ripple Labs (CRYPTO: XRP) to provide specific financial statements for 2022-2023 and information on the institutional sale of XRP tokens. Despite the news, technical analysts remain bullish on XRP. What Happened: A Monday court filing requested...

Bittensor (CRYPTO: TAO) hit a new all-time high at $516 and is up 13% on the day. Analysts remain bullish on Bittensor's performance and anticipate it flipping Shiba Inu (CRYPTO: SHIB) and Cardano (CRYPTO: ADA). What Happened: Bittensor is trading at around $500 at the time...

Dogecoin (CRYPTO: DOGE) is down 1% on the day but outperformed its memecoin rivals due to statistics highlighting robust metrics and speculation fueled by Elon Musk. What Happened: Based on IntoTheBlock data, the number of holders in profit for Dogecoin stands at 46.94% compared to 27.1% for Shiba...

Technical cryptocurrency analyst DonAlt has expressed optimism about Bitcoin (CRYPTO: BTC), stating that the cryptocurrency is just one resistance level away from rallying to $60,000. He emphasizes that revisiting the $30,000 level is unlikely. What Happened: According to DonAlt's latest video...

Avalanche (CRYPTO: AVAX) surged by 7% in Friday's trading session, joining the altcoin rally ahead of its largest token unlock scheduled for the last week of February. What Happened: Token Unlocks data reveals that on Feb. 22, 9.5 million AVAX, equivalent to around $322 million at...

A Navigating Narratives report by K33 Research, led by DeFi analyst David Zimmerman, outlines the crypto trading strategies for investors in Bitcoin (CRYPTO: BTC) and altcoins post the Spot Bitcoin ETF approval. What Happened: The report notes that the Spot Bitcoin ETF approval was a "...

The Bitcoin (CRYPTO: BTC) halving, scheduled for April 2024, has technical cryptocurrency analysts speculating about a bull run following the event. What Happened: Crypto chart analyst Ali Martinez outlined four key points to be considered ahead of the highly-anticipated Bitcoin...

Bitcoin (CRYPTO: BTC) is up 5.8% week-over-week on lukewarm bullish momentum, but former ARK Invest cryptocurrency lead Chris Burniske predicts more downside to come. What Happened: Burniske shared his prediction on X (formerly Twitter), saying: “Down to...

Ethereum (CRYPTO: ETH) is up 8% week-over-week with analysts expecting more upside shortly. However, the currency continues to underperform Bitcoin (CRYPTO: BTC).  What Happened: The ETH/BTC chart printed 11 red candles in a row, prompting traders to call for...

Solana (CRYPTO: SOL) surged 8% on Monday, trading once again above the psychologically important $100 threshold. Fundamental factors for the rise are increasing daily active addresses and a rise of meaningful applications on the Solana network. Technical indicators point...

Despite Bitcoin (CRYPTO: BTC) cracking the $43,000 mark, a survey found that 39% of retail investors expect a price drop below $20,000 by the end of the year. Technical analysts, however, continue to be bullish. What Happened: Bitcoin was up 2.5% in the past 24 hours and 6...