Coinpedia-Market-Insight

Coinpedia-Market-Insight

Recent Surge: SHIB has gained nearly 20% from its weekly low of $0.00001583. Golden Crossover Potential: The convergence of the 50-day and 200-day SMA indicates a likely golden crossover, supporting a bullish outlook. Double Bottom Formation: A double bottom reversal at the 23.60% Fibonacci level ($0.00001633) reinforces the uptrend. Fibonacci Targets: The...

Coinpedia-Market-Insight

Will CFX Price Reclaim $0.50? Fibonacci level Breakout Signals Major Recovery With a resurgence in buying pressure, the CFX price is back in action and ranks among the top 24H performers. Rising nearly 4% in the last 24 hours, Conflux approaches the $700M market cap. With a new recovery run in the daily chart, will the CFX price reach the $0.50 psychological...

Coinpedia-Market-Insight

Breakout Rally: SUI is showing a strong breakout from a falling channel, which has triggered a bullish rally. Support & Trendline: Price is finding reliable support at the 50-day EMA and a new ascending support trendline. Morning Star Pattern: The recent 16.82% jump formed a massive bullish engulfing candle, suggesting a bullish continuation. Fibonacci Levels: SUI...

Coinpedia-Market-Insight

Current Price at $68,217: Bitcoin trades above the $68,000 support level, suggesting sustained buying interest as it attempts to consolidate recent gains. Resistance at $70,000: BTC faces a crucial psychological resistance at $70,000. A breakout above this level could signify bullish momentum, targeting higher levels. Support at 61.80% Fibonacci ($66,167): The...

Coinpedia-Market-Insight

Resistance at $0.15: DOGE faces strong resistance at the $0.15 psychological level. Breaking above this could open the path for a sustained uptrend. Golden Crossover: The recent golden crossover between the 50-day and 200-day EMAs signals a bullish shift, with potential for an extended rally if the crossover holds. Fibonacci Resistance at $0.1432: DOGE struggles...

Coinpedia-Market-Insight

Resistance at $177: Solana's bullish momentum struggles at the $177 level, indicating a strong resistance, which, if breached, could signal further upward movement. Potential Drop to $150: If the bearish trend strengthens, SOL could slide down to the $150 support level, especially if it breaks below the key $164 neckline. Triple Black Crow Pattern: On the 4-hour...

Coinpedia-Market-Insight

Floki shows a breakout rally from a falling channel, gaining momentum. A new support trendline forms, reinforcing the higher low formation. An ascending triangle pattern is emerging, with the glass ceiling at the 38.20% Fibonacci level of $0.0001654. Floki is currently trading at $0.0001529, with an intraday gain of 7.43%. The bullish engulfing candle began from...

Coinpedia-Market-Insight

Dogecoin price has jumped 24.57% in 8 consecutive bullish candles. DOGE surged 62.64% from its recent low of $0.08049 on August 5th. The price action completed a rounding-bottom reversal after surpassing $0.1282. MACD shows a positive crossover with growing momentum and bullish histograms. The 50-day EMA uptick increases the likelihood of a golden crossover...

Coinpedia-Market-Insight

Litecoin surges 13.43% in five days, breaking the $73 resistance. LTC price forms a V-shaped reversal, leading to a rising channel rally. Currently trading at $72.27, Litecoin tests the overhead resistance trendline. The intraday candle shows price rejection at the 38.20% Fibonacci level near $76. A minor pullback is possible following rejection from the $76...

Coinpedia-Market-Insight

BNB price action is currently in a short-term recovery phase, with an ascending triangle pattern forming near the $600 psychological resistance. The altcoin has been consolidating between $464 and the $600 supply zone, with BNB trading at $583 after a 2.91% recovery. BNB is trading above both the 50-day and 200-day EMAs, signaling strength in the price action. The...

Coinpedia-Market-Insight

Helium (HNT) has a market cap of $1.14B and ranks #60 in the crypto market, with a 13.16% decline over the past week. Despite the drop, HNT has seen a significant 120% increase in the last 90 days, indicating a strong recovery phase. The price is currently trading within a symmetrical triangle pattern, suggesting consolidation between $7.782 (78.60% Fibonacci) and...

Coinpedia-Market-Insight

SUI price has dipped 2.66% in the last 24 hours, falling below the $2 psychological mark to $1.90, with a market cap of $5.29 billion. The daily chart shows a rounding bottom pattern, but the price faced resistance at $2.07, forming an evening star pattern after a 1.51% drop. Key EMAs (50-day, 100-day, 200-day) remain bullish, acting as dynamic support. MACD and...

Coinpedia-Market-Insight

Weekly Surge: NEIRO has jumped nearly 50% in the past week, largely due to its listing on Binance. Intraday Gain: It has risen by 3.79% today, marking three consecutive days of gains. The price action has created a triple-white-soldier pattern, a strong indicator of continued bullish momentum, with an overall surge of 76%. Key Technical Indicators Bullish...

Coinpedia-Market-Insight

Current Price: Trading at $8.91, with an intraday gain of 2.65% reflecting growing bullish sentiment. Market Breakthrough: Aptos has successfully surpassed the critical $7.42 resistance, confirming a bullish trend following a morning star pattern that suggests continuation of the rally. Fibonacci Levels: The next target is the $10 psychological level (38.20%...

Coinpedia-Market-Insight

Current Price: $2.04, reflecting a significant 7.55% increase in the last 24 hours. Weekly Performance: SUI has surged 8.29% over the past week, demonstrating strong resilience in a fluctuating market. Recent Chart Patterns: The formation of a bullish engulfing candle indicates heightened buying pressure, positioning SUI to challenge the $2.07 resistance...

Coinpedia-Market-Insight

Current BTC Price: Bitcoin is trading at $63,812 after a 2.17% drop, showing a bearish influence as it moves below the GETTEX:64K mark. Bearish Engulfing Pattern: The BTC price forms a bearish engulfing candle, which signals strong selling pressure and a potential continuation of the downtrend. Evening Star Pattern: The price action forms an evening star pattern...

Coinpedia-Market-Insight

60% Price Surge: The FTT token experienced a significant 60% surge in one day, driven by increasing speculation around FTX’s $16 billion repayment plan to creditors. Psychological Breakthrough: FTT has successfully broken above the critical psychological level of $2, indicating a potential shift in sentiment for the token. Bullish Engulfing Candle: The massive...

Coinpedia-Market-Insight

Bitcoin Nears $65,000 Target: Bitcoin is approaching the significant price level of $65,000, indicating strong bullish momentum in the market. Bitcoin Dominance at 57%: BTC's market dominance has reached 57%, suggesting that Bitcoin is leading the current crypto rally. Potential Altseason Arrival: The rising ETH/BTC ratio to 0.041 hints at a possible altcoin...