Market Analysis
Bitcoin market participants saw the yearly open at $93,000 and above as particularly important heading into the weekly close.
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Tech Analysis News
Technical analysis, often abbreviated as TA, is a method used in the cryptocurrency market to evaluate and predict price movements based on historical market data. Cryptocurrency traders utilize a range of technical analysis tools and techniques to make well-informed decisions. It mostly focuses on analyzing price charts and finding patterns and trends by using statistical measures. Moving averages, support and resistance levels, the relative strength index and Bollinger Bands are frequently used tools in technical analysis.
Technical analysts believe that historical price movements tend to repeat themselves, and certain patterns can indicate future market direction. For instance, a head-and-shoulders pattern might suggest an upcoming trend reversal. Traders also use chart patterns like flags, triangles and double tops to anticipate market movements. Moreover, indicators like the moving average convergence divergence help gauge the strength of a trend.
However, it’s essential to note that technical analysis is not foolproof and should be used in conjunction with other methods.
- Market Analysis
MSTR could target $200 and extend toward $280 if supportive macro conditions and bullish technical momentum hold.
1385 - Altcoin Watch
Multiple bullish signals, including a double bottom and falling wedge breakout, are aligning to potentially lift the BNB price toward $1,000 in December.
1199 - Market Analysis
Ether risks a deeper sell-off toward $2,500–$2,200 as MVRV support weakens and a bearish pennant threatens to break lower.
1686 - Market Analysis
Bitcoin’s first monthly MACD rollover this cycle, alongside onchain data, raised the odds of a deeper pullback, as BTC price forecasts now include the mid-$60,000s.
4995 - Market Analysis
Bitcoin faces downside risks as a bear flag breakdown targets $77,400, while tensions between Strategy and MSCI may add new pressure on the BTC price.
3555 - Market Analysis
A Bitcoin bull flag on the price charts projected a rebound to $96,000 as the Puell Multiple indicator suggested that BTC is undervalued at current prices.
1965 - Altcoin Watch
XRP is rebounding strongly from $2, with multiple indicators suggesting upside toward $3.30–$3.50 is possible in the coming weeks.
3409 - Altcoin Watch
Analysts warn of “pump-and-dump” risks associated with ZEC’s sudden surge in hype, even as major crypto figures maintain a long-term bullish outlook.
1856 - Market Analysis
Bitcoin weakness persists as the BTC price drops to $86,000, alongside a US stock market sell-off and diminishing odds of a 50-basis-point Fed interest rate cut at the next FOMC.
4509 - Altcoin Watch
XRP ledger activity has slumped over the past four months, increasing the downside prospects for XRP price to drop to $1.55.
4093 - Altcoin Watch
Charts and onchain data suggest that SOL might have bottomed at $130. Should traders anticipate a rally back to $200?
3010 - Market Analysis
Bitcoin whales are accelerating their purchasing despite BTC’s short-term bearish outlook. Meanwhile, Wall Street analysts expect BTC to hit new all-time highs before the end of 2025.
5229 - Market Analysis
Ether neared a falling wedge breakout, eyeing a potential rally toward $4,400 by mid-December if the bullish setup is confirmed.
1715 - Altcoin Watch
XRP’s technical and onchain signals hint at a major breakout, with bulls eyeing a significant rally toward $5 by the year’s end.
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