Cardano ( CRYPTOCAP:ADA ), a cryptocurrency, experienced a 10% decline in value over the week. This was due to Grayscale Fund's announcement that it would be removing the token from its portfolio. The decision has raised concerns among analysts that Cardano ( CRYPTOCAP:ADA ) may face further price consolidation or a drop in value. Grayscale Digital Large Cap Fund...
Rocket Pool is one of the largest Eth liquid staking platform. Billion in total value locked, but market cap still below 1 billion. Currently back to the weekly support and the demand zone. If we see the volume we can see huge accumulation of RPL at this zone. We can get a good risk to reward entry at this levels. It will be very interesting to see when it...
Ripple Labs Inc., an American blockchain payments firm, has recently announced its intention to launch a stablecoin that could potentially compete with Tether ( CRYPTOCAP:USDT ) and other similar stablecoin assets in the market. The firm aims to offer transparency in its reserves, which will be pegged on a 1:1 ratio with the United States Dollar and will be...
1INCH has broken the bearish structure on the monthly chart and made a new high for the first time in two years, which could signal the start of a bullish medium-term trend. Currently, the market cap of 1inch (1INCH) is $700M, ranking #127 among all cryptocurrencies, with a circulating supply of 76.33%. I'm targeting the unmitigated monthly FVG around...
Comparing Solana price action to this Wyckoff schematic known as "Re-accumulation After Decline" and it matches up beautifully. We should currently be in the LPS stages right before the next markup. Be careful with your entry obviously, because crypto doesn't always follow the rules, however we are definitely in a bull market and I'm looking long all day until...
Horizen (ZEN) appears to be one of the HTF's stronger setups heading into April, after breaking out and testing its rounded bottom neckline. Currently, the market cap of Horizen (ZEN) is $223M ranking #307 among all cryptocurrencies and with a circulating supply of 70.63% Horizen. Long-term target is between $80 and $130. Weekly chart presented in logarithmic scale.
Mina is a lightweight blockchain (22kb) that uses zero knowledge proofs for secure, scalable decentralized applications (zkApps). Mina Protocol's monthly commits by Full-Time Devs are at the highest level it has been. The team is building something special. Definitely one to keep on the radar for a breakout entry.
The weekly logarithmic chart from Algorand reveals a textbook bullish Inverse Head and Shoulders pattern about to brake the neckline. Worth adding to your watchlist.
Nice Adam and Eve reversal pattern visible on the macro Inverse Head and shoulders Quant Seems to like round psychological numbers - 50, 100, 150, 200, 400 Ascending triangle testing $150 level a few times now, A break would setup for $200 next Best case bull long term prediction would be $750 - $1000 looking at the chart along, but that would take some...
NYSE:FET - One of the most profitable cryptocurrencies YTD seems to be setting up for another leg up after breaking out of the resistance around $3 that held back the rally for a few weeks. As long as the price consolidates above $3, I expect the bullish trend to continue.
SUI exhibits excellent relative strength on a day when the cryptocurrency market is bleeding, ranking among the top gainers of the day with +15% so far. At +150% YTD, SUI is also among the top-performing cryptocurrencies so far this year and seems to be unstoppable after breaking out this reaccumulation range with a massive volume spike during the breakout.
The weekly chart of SushiSwap (SUSHI) shows a breakout of a Cup and Handle pattern, indicating the potential start of a bullish long-term trend. This could soon go up in smoke!
After breaking out the $15 barrier, which acted as strong resistance for a year, and successfully testing the level as support, it seems ready to head towards the next potential supply zone between $25 and $30.
This will pop soon. Don't expect too much, it's already at 35m MktCap