ICP project was announced with great fanfare and promised great features. However, ICP's price was in a long downtrend until recently when price broke the downtrend line and made a higher high and a higher low. It's too soon to surmise the major trend reversal has happened since at least another higher high and higher low is needed. Let's see what happens.
Curve Finance is an Automated Market Maker based Decentralized Exchange (DEX) that focuses on allowing users to swap between assets that have very similar underlying value at the lowest slippage. Anyway, it seems CRV is oscillating in a wide sideways channel. Currently, CRV is at the bottom of this channel, a good place for both spot and future traders to...
JUST is a decentralized finance ecosystem built for the TRON blockchain. It is a decentralized stablecoin lending platform known as JustStable in which users can deposit supported collateral tokens and then mint and withdraw USDJ. Anyway, JST behavior is straightforward: an upward phase followed by a correction phase, which ended at 0.618 Fib retracement. After...
After AUCTION broke the downtrend line, went up 1000% and now correction is unfolding in a triangle pattern. It seems, AUCTION is aiming for the ATH area that definitely will act as a major resistance. AUCTION would be free If break this area successfully, as there are no resistances. Let's see what happens.
Chumbi Valley is an RPG Play-to-Earn blockchain game based on NFT creatures. Though at first, it was very popular; but as its price continued the downward path so did its popularity. Anyway, it seems price has broken the downtrend line and now a harmonic pattern might be forming. Let's see what happens. Note: the 24h volume is very low thus trading this coin is...
Core is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications. The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake. Anyway, CORE...
SingularityNET is a blockchain-powered platform that allows anybody to easily utilize various AI services. Anyway, as it can be seen from the chart, AGIX been in a downward and when AGIX broke the downtrend line, a strong upward wave started. After AGIX's price reached an all-time high, it went into a corrective phase that seems reached a horizontal support area...
Fetch.ai is another AI crypto-based platform that provides access to AI technology. Anyway, it seems FET moving in an ascending channel, a wide one. Currently, FET's corrective wave reached a horizontal area on which the price bounced off several times; both as a support and resistance area. We have to wait and see if this horizontal area can act as a support...
XDC Network chart is simple: a huge impulse wave followed by a corrective wave that ended at the 0.382 Fib level. Then, XDC broke the downtrend line, and an upward move started. Let's see how high XDC can go.
Recently, Bitcoin Cash has been pumping so strongly that everyone is puzzled why. Technical-wise, not important why. The important thing is the pattern or patterns that happened before the pump. There is a pattern that occurs not very often, but when do, a strong wave can follow after that. It's called a double triangle pattern; as in the case of BCH, we can see...
Ankr technical analysis is straightforward; almost. An impulse upward wave is followed by a corrective downward wave. After the corrective wave finished at Fibonacci retracement of 0.5, the price broke the downtrend line and it seems the next impulse wave has started. It is worth mentioning that Ankr has partnered with Microsoft, so there is a bright future for...
Basic Attention Token is an advertisement-based reward platform on which users can watch ads through the Brave Browser and receive BAT rewards in return. Anyway, BAT's start was not like most crypto projects, which went downtrend immediately, though later BAT entered a downtrend move anyway. Recently, BAT broke the downtrend line, made a double bottom as well as a...
Aptos is a new project in crypto market with a lot of attention as well as features to offer. There is not much price candles to tell the big picture pattern; but as can be seen after APT made a harmonic pattern, it went into a corrective phase which seems unfolded in a complex two a-b-c pattern. Please note that this corrective wave might take longer to finish...
The SUN.io platform is the first integrated platform for stablecoin swap, yield farming, and self-governance on TRON. The new SUN token redenominated from the old SUN; see chart below for recalibration ratio. Anyway, it is clear that SUN was in a downtrend, and when SUN broke the downtrend line, it went into a consolidation zone; in the shape of a sideways...
My Neighbor Alice is a farming-themed play-to-earn builder game built on Chromia. In the game, players can buy and own virtual islands which are represented as NFTs, collect and build exciting items while also making new friends. Anyway, it is clear that ALICE was in a downtrend. After breaking the major downtrend line, it seems ALICE has made a reverse Head and...
WAX been in a downtrend move for a while. Recently, WAXP broke the downtrend line, made a double bottom and then broke the minor downtrend line too. It seems every thing is set for an upward move. Let's see what happens.
BTT is a token for the famous BitTorrent peer-to-peer (P2P) file-sharing and torrent platform. After being purchased by Tron organization and relaunching the new BTT on the TRC-20 network, price dropped drastically. Anyway, it seems BTT has been correcting in a downward triangle-shaped pattern. Have to wait and see if price can break this pattern upward. P.S. Be...
Siacoin is one of the first pioneers in the field of blockchain-based distributed decentralized cloud storage platforms. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. As can be seen, in the past, SC has grown a lot. SC has been oscillating in a huge triangle pattern. Recently, it seems...