-SOL is up nearly 28% over the last week -Price is dangling on its near 3 week support trend -40MA has continued to act as support Solana has outperformed nearly all other top 100 coins over the last few weeks as prices have risen from $70 to $220 in around 16 days. This price action has been fairly impressive as SOL is now a top 8 cryptocurrency by market cap....
-FTT has risen over 20% the last week -Price has formed an ascending channel over the last week -FTT is being held up by the 50MA FTX Token (FTT) is the backbone of the FTX ecosystem. FTX exchange has been rapidly growing over the last year along with its native token, FTT. FTT has experienced an immense amount of gains throughout the year as prices continue to...
-BNB has fallen over -18% the last week -Price has been forming a bearish pennant -The 25MA is now acting as resistance Binance Coin has been reviving fairly well ever since its low of $227 was set on June 22nd. Price revived nearly 140% in a little under 2 months as the overall market has attempted to regain levels traded at April/May of this year. The Binance...
-SOL has fallen over -35% from its ATH set this week -Price has formed a broadening wedge -30MA continues to act as support Solana has been one of the best performing coins over the last few weeks as prices have risen from $70 to $190 in a little over two weeks. This price action has been truly impressive as SOL is now a top 10 cryptocurrency by market cap....
-ADA has fallen over -30% the last week -Price has bounced off long term trend line -Price must regain $2.51 to be out of hot water Cardano has went on an amazing run over the last month as prices rose over 200% from $1.00 past $3.00. This price movement was largely credited to the anticipation of smart contract capabilities going live on the Cardano blockchain...
-DOGE has risen nearly 15% over the last week -Bulls are attempting to breakout of its descending channel -Price has been held up by the 200MA DOGE has been sluggish over the last few weeks as it can’t seem to hold above the $0.30 mark. Many other top 20 coins have outperformed DOGE the last month as it is only up 50% compared to others 100%+. DOGE may just be...
-Matic has risen nearly 15% over the last week -Price has been held up by the 200MA for nearly a month -Bulls must clear $1.70 for a large price surge Polygon (Matic) has been performing in an average way over the last month. Many coins have surged near their previous ATH but MATIC is still near 75% away. Over the last month, the overall cryptocurrency...
-XRP has risen over 20% the last week -Price just broke out of a 4 month downtrend -140MA is acting as support for this run XRP & Ripple have went through an immense amount of hate & troubles over the last year as an ongoing lawsuit with the SEC is putting pressure on investors & Ripple’s customers. Even though this has not affected the price of XRP over the...
-RAY is up over 30% the last week -Price has formed an ascending channel -RAY is being held up by the 40 MA Raydium is a new token that was launched in early 2021. RAY just underwent a Binance listing in mid August which has caused a healthy price spike since. The use case for RAY is very appealing to many investors as it is natively hosted on the Solana...
Bitcoin price slips under $50,000, following a temporary jump above $50,000. An increased network activity could keep Bitcoin on an upward roll in the coming sessions or days. Bitcoin's temporary step above $50,000 excited the entire market, with a breath of fresh air sweeping across. Most altcoins that had been dormant for nearly two weeks resumed recovery,...
-AXS is down nearly -10% over the last week -Price has formed a bullish pennant -AXS has been held by 120MA for 2 months Axie Infinity has experienced an amazing amount of growth over the last few months as the NFT market has surged to record highs. The game, Axie Infinity, is an NFT based online video game that uses the Ethereum based cryptocurrency, AXS. This...
-MANA has risen over 15% the last week -Price has been held up by the 100MA -MANA has formed an ascending channel Decentraland (MANA) has been underperforming the market over the last month. Although prices have successfully risen nearly 100%, ETH has been outperforming MANA since the bottom hit on July 20th. Decentraland defines itself as a virtual reality...
Cardano seems to be joining Ethereum in the altcoin-led weekly bull cycle. Cardano embraces price discovery above $3 while massively support between $2.81 and $2.8e, as the IOMAP reveals. Cardano is up nearly 9% and has reclaimed ground above $3. The token is the first among major cryptocurrencies to hit a new all-time high. ADA is on a path to hitting...
-AVAX has fallen over -30% the last week -Price has formed a falling wedge pattern -100MA continues to act as support Avalanche had an amazing run the last few weeks as prices surged over 200%. This price movement put AVAX at a new high for the first time in many months. Investors have been taking a bullish stance on AVAX as it aims to solve a major problem...
-FTM is up over 110% this week -Price has formed a potential rising wedge -FTM must hold the 20MA to continue rising Fantom had an amazing run over the last week as prices have surged over 100% to new ATH. A few days ago, Fantom announced a massive incentive program to reward DeFi developers. FTM committed over 300 Million US dollars to this fund to incentive...
Ethereum lifts above stubborn resistance at $3,400, opening a path to $4,000. Social media mentions surrounding ETH spike to levels seen in early August. Ethereum jumped to a 14-week high of $3,484 on Tuesday following a confirmed break above $3,200 on Monday. The gigantic smart contract token swung above the prevalent resistance provided by the 61.8%...
-UNI is up nearly 18% over the last week -Price just broke out of a falling wedge pattern -The 200MA has been acting as support Uniswap has brought an amazing solution to the crypto ecosystem as decentralization continues to become more & more used. The ability to trustlessly swap tokens with one another has gained a huge amount of traction over the last year as...
-LTC has fallen over 8% the last week -Price has formed a symmetrical triangle -200MA is acting as support Litecoin has been a laggard over the last month as it has still failed to regain the consolidation zone of late May / early June. LTC has revived nearly 22% of its entire downtrend from its high of $415 in May. Considering the total crypto market cap has...