Technical CRYPTO Analyst
#OP , After reaching the highest historical price ceiling, the price started to decline and reached its trendline and hourly support. If the trendline line is not broken, growth will continue until resistance.
Here's the updated analysis of #OP :
Growth was again carried out until resistance. If it crosses the resistance, it can grow to the $2.77 area.
Growth was again carried out until resistance. If it crosses the resistance, it can grow to the $2.77 area.
#ENJ rejected hard from the major resistance level of $0.43 - $0.44. Price still maintaining the structure but sell-pressure is also heavy. Market starts to weaken a little, and might fall till strong support around $0.320 - $0.340.
#FIL broke the major resistance zone and took a retest back as major support around $4.8 - $5 . FIL maintaining the Bullish Market Structure. Setup already played out, so wait for the price to drop back inside it.
#BRISE
The downtrend line has broken. As the market continues to rise, this currency will probably continue to grow.
The downtrend line has broken. As the market continues to rise, this currency will probably continue to grow.
US institutions account for 85% of #Bitcoin buying in 'very positive sign'
Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.
Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.
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#ROSE moves inside an ascending channel, although it has a resistance in front of it, but due to its strong upward trend, it will probably grow to the top of the channel easily.
#CHR took a very sharp rejection over the resistance level from daily TF around 0.168 - $ 0.170. Closing is still pending and a close below will give a potential setups for shorts on 4H confirmation. Alternatively, price start breaking above zone again, will open the gates for next resistance around $0.184 - $0.187.
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#ATOM is kinda forming the the triangle pattern and overall market is ranging a bit. We marked the clear area for potential entries. Take the risk accordingly and targets will be the nearby zones.
Monthly #Bitcoin bull rallies of around 39% or greater have only occurred 10 times since 2014. On average, these rallies have seen continued positive forward performance over the next year.
#MDX
0.100 $ - 0.105 $ resistance is in front of it. It also has dynamic support which, if held, can reach $0.200 after breaking the resistance.
0.100 $ - 0.105 $ resistance is in front of it. It also has dynamic support which, if held, can reach $0.200 after breaking the resistance.
Coinbase stock surged 90% in January
The value of Coinbase’s stock (COIN) rose nearly 90% over the past month. As of Jan. 27, 2023, COIN’s market value was $61.47. That represents an 88.27% price increase from Dec. 27, 2022, when the asset was valued at $32.65. As such, it represents an approximate three-month high.
Coinbase’s recent performance is likely due to its strong and lasting reputation within the crypto industry. The company has been in operation since 2012 and regularly publishes reports.on its finances. As such, Coinbase has managed to maintain a certain amount of trust, even amidst the collapse of FTX and various other companies. Coinbase also settled with the NYDFS this month for $100 million, half of which the company will spend on compliance improvements. Though the case against Coinbase is not good news in and of itself.
The value of Coinbase’s stock (COIN) rose nearly 90% over the past month. As of Jan. 27, 2023, COIN’s market value was $61.47. That represents an 88.27% price increase from Dec. 27, 2022, when the asset was valued at $32.65. As such, it represents an approximate three-month high.
Coinbase’s recent performance is likely due to its strong and lasting reputation within the crypto industry. The company has been in operation since 2012 and regularly publishes reports.on its finances. As such, Coinbase has managed to maintain a certain amount of trust, even amidst the collapse of FTX and various other companies. Coinbase also settled with the NYDFS this month for $100 million, half of which the company will spend on compliance improvements. Though the case against Coinbase is not good news in and of itself.