Ethereum (ETH) Price Analysis: Short-Term Correction Indicates Potential Bullish Breakout

The Ethereum (ETH) price has been falling since early April, after it deviated above an important long-term resistance level Although the price has yet to recover above that level, wave analysis and short-term price dynamics indicate that ETH will eventually do so. ETH price has fall ...

Bitcoin (BTC) Attempts Bullish Breakout After Bounce from Support

Bitcoin (BTC) pushed back from May 25 support and avoided a bearish breakout. Now the price is trying to make a bullish breakout of the corrective pattern Despite the bullish breakout attempt, it is more likely that BTC will decline again to complete the correction and only then continue the uptr ...

Bearish Signs for Cardano, Algorand, EOS, and DOGE in Cryptocurrency Market

If April was a " bull" month for the cryptocurrency market, then all of May was a "bear, confirming that the market is in correction While there is hope for a bullish reversal in June, bearish formations on these four cryptocurrencies warn that the worst may ...

Ethereum Price Faces Bearish Pressure as Resistance Holds

The Ethereum (ETH) price rebounded from a long-term resistance area and then made a bearish break of a short-term pattern. This could condition further declines in Ethereum, which could be either the final phase of a correction or the beginning of a new long-term downtrend. Ethereum: ...

Solana (SOL) Exchange Rate Breaks Key Support Line, Indicating Correction Ahead

The Solana (SOL) exchange rate has finally broken below the upward support line, which had previously persisted on the chart for 128 days This bearish breakout indicates that the Solana growth phase that began in January is now over. If that is indeed the case, we are looking at a correction in t ...

PEPE Memecoin Rebounds After Recent Plunge: Will it Rally to New Historical Highs?

Pepe memcoin (PEPE) made a splash on the crypto market, but due to the recent plunge it has lost the lion's share of points. Today, however, PEPE rebounded.. Let's see if we can hope for the beginning of the rally to new historical highs. PEPE pulled back after aggressive rally ...

MATIC Technical Analysis: The Fate of Polygon’s Long-term Trend Hangs in the Balance

Polygon (MATIC) is currently trading at a critical level, which may determine its long-term trend. As the native token of the popular Polygon network, MATIC helps to reduce transaction costs and speed up transactions using sidechains. These sidechains operate independently but are connected to th ...

Shiba Inu (SHIB) Technical Analysis: Can It Rebound from Multiple Support Levels?

Shiba Inu (SHIB) has been making a recovery following a sharp 30% decline, and is currently attempting to rebound from several key support levels. A successful rebound would confirm that the correction is complete. Technical analysis indicates that the value of the Shiba Inu project coin (SHIB) ...

Analysis of Polygon Price and MATIC Correction in March 2023

The potential for a Polygon price surge is imminent, although it may be followed by a final dip that could mark the end of the MATIC correction period. As the native token of the Polygon network, which serves as a popular second layer scaling solution for Ethereum blockchain, MATIC has been subje ...

Bitcoin Forecast for March: Technical Analysis Points Towards a Correction

Bitcoin (BTC) is expected to undergo a correction phase after a prolonged period of growth, possibly lasting through the entirety of March and even beyond. Technical analysis of the weekly BTC chart paints an encouraging picture for several reasons. Firstly, Bitcoin has broken out of a long-term ...