The term Altcoin stands for “alternative to Bitcoin'' or “alternative coins”, basically these are digital currencies similar to Bitcoin. Altcoins are profitable and have their own goal but these are not as costly as Bitcoin. Due to the lower value and higher ROI, altcoins have become the favourite of investors. One thing that needs to be mentioned here is that...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.000269). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETCBTC is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (6.35). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETCUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
ETH / USD Short-term price analysis Ethereum has a bearish short-term trading bias, with the cryptocurrency now trading below its 200-period moving average on the four-hour time frame. The four-hour time frame shows that a bearish head and shoulders pattern has taken shape, with the ETH / USD pair now testing towards the neckline of the pattern. Technical...
Ripple(XRP/USD) Ripple Overview Ripple(XRP/USD) has suffered about 91+% correction(drop) since all time high-level price($3.3+) reached in January’18.It has seen significant upward movement in the month of September’18(110+%) and is now retesting a major support level. Let us continue to analyze price action for Ripple(XRP/USD) over the long term and proceed...
Insight pattern I reveals is ABCD pattern for ETH WE wait for correction to Fibonacci and prepare for next middle bull of Ethereum. The target is zone of D. Thank for reading and leave a LIKE for more TA and encourage me !
ETC EMERALD project is on its way and is a good sign to buy now. What Problems do the Emerald Project Solve? The first and most obvious problem solved by the Emerald Project is that there is currently no wallet for the Ethereum Classic community that verifies transactions for users in a trustless way. Other problems that the Emerald Project aims to solve is...
Immutable Price Soars by 18%: A Bullish Turn in Sight? Immutable recorded an impressive 18% surge in its intraday value, eclipsing the performance of major cryptocurrencies like BTC, ETH, and SOL. Immutable (IMX) was exchanging hands near a critical zone, surpassing this threshold may ignite its trajectory, potentially ranking it among the top gainers in the...
In recent times, the Ethereum network had experienced significant changes, with its price structure also showing notable fluctuations in line with the overall market. The recent Dencun upgrade, also called Cancun-Deneb, was rolled out a couple of weeks ago on Ethereum (ETH) with the aim of enhancing the functionality and performance of the network, (which...
The price action of Ethereum showed a massive upsurge in the past, which favored the bulls. The price rose from the demand zone near$1535 by the October 2023 support level and rallied spectacularly up to $4100 by March 11th, 2024. After reaching the peak, the price fell into a wedge and started making lower lows and highs after the 12th of March, as bulls lost...
The price of Polygon (MATIC) is $0.562405 today with a 24-hour trading volume of $222,986,726.76. This represents a 0.97% price increase in the last 24 hours and a 1.35% price increase in the past 7 days. With a circulating supply of 9.3 Billion MATIC, Polygon is valued at a market cap of $5,244,059,951. Polygon (Previously Matic Network) is the first...
In this technical analysis, we delve into the current market trends of the ETH/USDT trading pair. The Ethereum cryptocurrency has shown promising signs of bullish momentum, with key buying and selling levels identified for traders to consider. Buying Area at 1760-1780 Levels:- Ethereum's recent price action reveals a strong support zone between the 1760-1780...
Polygon (with ticker MATIC) is a complete multi-chained system, a framework as well as a protocol. It connects Ethereum-compatible blockchain networks and is built to solve the scalability issues on the current Ethereum network. It is a layer 2 solution, i.e it works on top of Ethereum's primary blockchain..This is matic technical analytics.
Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. mazor take away--> 1) took 3supports 2) 3 resistances 3) double bottom 4) buy only when the break out candle This is purely for educational purpose. Happy Learning. DO...
If you personally ask me which one of them to buy, I would say 'none'. They both are very risky, and are memecoins to be very particular. But still, if you want me to do the analysis on both, then continue reading this article. Dogecoin’s market capitalization is $35.04B currently, whereas Shiba Inu’s market capitalization is $34.77B as of now. Shib crossed Doge...
Starknet (STRK) StarkNet (STRK) is a decentralized ZK-Rollup. It operates on Ethereum as an L2 network, offering dApps the ability to scale computations infinitely while maintaining Ethereum's security and composability, thanks to its reliance on the robust STARK cryptographic proof system. Starknet crypto has been on a constant decline since April. The long term...
Injective (INJ) Injective Protocol stands out by offering robust foundational financial primitives that applications can utilize. It includes an on-chain order book that is fully decentralized and resistant to Miner Extractable Value (MEV). Moreover, it supports a comprehensive range of financial markets spot trading, perpetual contracts, futures, and options all...