Price Analysis
Polygon Accumulates after a Bull Trap Triggered a 40% Dump
Polygon is solid, propped by solid fundamentals. However, like other tokens, MATIC remains under pressure visible in the daily chart.
Bitcoin Revival, BTC Bear Flag Breakout Valid, Support at $16.5k
Bitcoin is back to green, adding two percent in the last 24 hours. At spot rates, BTC has support at $16.5k.
Ethereum (ETH) Forms a Bull Flag below $1.35k “Sell Wall”
Ethereum buyers are upbeat, expecting more gains in the days ahead. However, there is a bull flag below the all-important sell wall at $1.35k.
Litecoin Up 105% in 5 Months, LTC Buyers Target $100
Litecoin prices are up 105 percent from June 2022 lows as LTC buyers set sight on $100, a psychological reaction line.
Bitcoin Breakout from Bear Flag, BTC Expansion Expected
Bitcoin prices are higher, bouncing from November low and trading above the bear flag. BTC resistance remains at $17.5k.
Ethereum Rallies 19%, ETH Bulls Set Sight on $1.35k
Ethereum prices are up 19 percent, bottoming up. ETH bulls are setting their eyes on $1.35k, triggering demand for the coin.
Ripple falls 45% from November High, XRP finds Support at $0.30
Ripple prices are down 45 percent from November peaks and XRP could slump to $0.30 in a bear trend continuation pattern.
Bitcoin (BTC) Stalls Inside a Trade Range, Bears Commanding
Bitcoin bulls are confident but prices are up six percent from this week's lows and inside a bear flag, pointing to weakness.
Ethereum (ETH) Up 6% as Bear Momentum Fades
Ethereum is up six percent in the last trading day though ETHUSDT is within a bear formation. ETH has support at $1.1k.
BNB on Bearish Flag, Primary Support at $250 Within the Third Quarter Lows of 2022
BNB prices are trading above $250 or the Q3 2022 support line. Overall, prices are bearish and could collapse in sessions ahead.
Cryptocurrency Price Analysis
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
