ETH broke above its November 2021 record high, and analysts say a dovish Federal Reserve and institutional adoption will send Ether well above $5,000.
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.
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ChatGPT and Grok are becoming the go-to tools for crypto traders, offering faster context, sentiment and strategic clarity, all through conversation.
8832 - Altcoin Watch
XRP data highlights investor profit-taking and reveals reasons why the altcoin’s price could continue to fall.
19174 - Market Analysis
Bitcoin rebounded from a swift drop to $112,380, but liquidation heatmap data suggests the worst of the selling has yet to pass.
3599 - Market Analysis
Some large traders are raising the stakes and putting money on ETH price avoiding a trip below $4,000 and rebounding toward $4,300 soon.
10630 - Altcoin Watch
Cardano bulls make a strong case for an ADA price rally toward $2 or even higher, once the resistance at $1 is decisively broken.
5084 - Altcoin Watch
Low demand-side volume and weakening price technicals could spell trouble for the XRP price, as bulls must reclaim $3 support or face a deeper correction.
9642 - Market Analysis
Multiple technical indicators and recent whale activity raise Bitcoin's odds of declining below $100,00 in coming weeks.
12899 - Altcoin Watch
XRP price could drop by over 20% in the coming weeks due to multiple onchain indicators hinting at a local top formation.
17634 - Altcoin Watch
Over 15 billion ADA has not moved for a year, signaling holder confidence as “altcoin season” momentum builds and Cardano price rises to multimonth highs.
16549 - Altcoin Watch
XRP prices have multiplied at least 10x in previous bull cycles, fueling hopes for a similar big breakout toward $30 by mid-2026.
37358 - Market Analysis
Ethereum bulls make a strong case for an ETH price rally toward $10,000 or above in the next six to eight months.
37357 - Altcoin Watch
XRP price may continue to climb toward $4.50 over the next few months as it breaks out of a classic bullish continuation pattern.
20431 - Altcoin Watch
XRP may stay structurally weak unless whale wallets see daily inflows above 5 million tokens, one analyst warned.
15553 - Market Analysis
ETH is retesting a multiyear distribution resistance zone that preceded a 66% drop in December 2024.
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