Analysis News

The SUI price struggled to replicate its early-year momentum over the past week despite the general market seeing renewed optimism. The altcoin’s price mostly moved sideways, oscillating between the $1.70 – $1.90 levels. According to a popular analyst on the social media platform X, this slight inactivity might be a bullish signal of what is to come over the next few weeks. Is SUI On The Verge Of A 30% Surge? In a January 18 post on the X platform, crypto analyst Ali Martinez shared an interesting chart setup for the SUI price. According to the market pundit, a break out of the current chart setup could see the altcoin reach the $2.29 level over the coming weeks. Related Reading: Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021? The rat...

Bitcoin recently failed to overcome the $97,000 resistance following its price surge seen in mid-January. At the moment, the leading cryptocurrency has taken on a state of inertia, with no significant movement in either direction seen. However, an investigation of on-chain dynamics has recently revealed that trouble might be looming for the flagship cryptocurrency. Related Reading: Bitcoin Holds Key Support As Weekend Liquidity Sets In — $98,200 And $107,500 In Focus Sudden Inflows: Caution Or Opportunity? In a QuickTake post on CryptoQuant, key opinion leader CryptoZeno shares a potentially foreboding observation on Bitcoin’s market dynamics, saying the premier cryptocurrency could be facing a risk of distribution in the near-term. This conjecture is based on the Bi...

The XRP market recorded a net negative performance in the past week, resulting in a minor 1% price decline. A very volatile market movement saw the altcoin trade as high as $2.17 before returning below the $2.10 resistance. As XRP investors eagerly await the next market move, recent on-chain data shows evidence of another impending price breakout. Related Reading: XRP Wave C Push On The Way: What Could Send Price Below $2? XRP Negative Funding Rates Fuel Positive Market Bias In exchange activity, funding rates refer to periodic payment mechanisms used in perpetual futures markets to keep the futures price aligned with the spot price. A positive funding rate suggests that long positions are overcrowded, which sees these long traders pay premiums to short traders to ma...

A warning signal is flashing on the charts, with market analysts predicting that the Bitcoin price could collapse again soon. According to technical analysis, if BTC fails to continue its uptrend, it could repeat the bear-market crash from past cycles, potentially dragging its price down by double-digit percentages.  Bitcoin Price To Repeat 2022 Bear Market Crash? Crypto analyst Tyrex believes that Bitcoin may be approaching a critical turning point if the current uptrend fails to hold. In his latest BTC price outlook on X, he compares the current market structure to the April 2022 cycle, when Bitcoin made an ATH and then crashed hard for weeks.  Related Reading: Ethereum On Fire: User Growth Sparks Massive Activity Spike Tyrex disclosed that Bitcoin dropped roughly ...

Ethereum continues to show resilience, holding its ground above key support levels even as price faces firm resistance near the $3,400 zone. The ability to sustain strength after recent gains highlights improving market structure, suggesting that buyers remain in control. As long as ETH stays supported above its critical trend levels, the broader upside narrative remains intact despite near-term hesitation. Daily Bull Market Support Band Holds As Key Reversal Zone Luca, in a recent ETH update shared on X, pointed out that Ethereum’s market structure has strengthened considerably over the past several days. The price has been able to hold above the 1D Bull Market Support Band, a level that has acted as a reliable reversal zone multiple times over the last couple of mo...

XRP’s price action is trading just above $2, but technical analysis of mid-term charts shows a more complex corrective structure for what comes next.  According to a technical analysis shared by CasiTrades on X, XRP may still have one more bullish push ahead before the structure turns lower. The chart showing the analysis outlines a developing Elliott Wave sequence that could first lift XRP’s price higher, then open the door to a breakdown if support levels fail. Related Reading: Ethereum On Fire: User Growth Sparks Massive Activity Spike B Wave Dips Hint At Coming Wave C Surge Technical analysis of XRP’s price action on the 1-hour candlestick timeframe chart by CasiTrade proposes an interesting outlook that shows XRP might end up correcting below $2 in the coming da...

Over the week, Ethereum struggled to sustain any significant move to the upside. Although the second-largest cryptocurrency reclaimed the $3,300 price level, it could not break above $3,400 to continue its path towards higher price levels. As it stands, it appears that the Ether token is taking on a short-term bearish structure. However, an on-chain evaluation has recently been put out, which suggests that market participants might be gearing up for a significant move in the near-term. Related Reading: The Ethereum MACD Crossover That Could Lead To A Massive Bull Wave Ethereum Futures Activity Reaches Monthly High Following Market Inactivity In a recent QuickTake post on the CryptoQuant platform, analytics group Arab Chain reveals that there has recently been a spike...

Bitcoin remains anchored above key support as weekend trading unfolds, keeping $98,200 and $107,500 in focus. Market participants are watching closely to see if the uptrend can continue or if the weekend liquidity will trigger a test of lower levels. The next few sessions could define BTC’s short-term trajectory. Key Support Holds: $94,630 Remains Crucial According to a recent post by Kamile Uray, Bitcoin is still holding strong above the $89,326 support level, and as long as it remains above this zone, the possibility for the uptrend to continue remains intact. This level continues to act as a critical foundation for bulls, keeping the market structure aligned with potential further gains. Related Reading: Bitcoin Flashes Near-Identical Fractal Before The 2021 Bull ...

AVAX, the native token of the Avalanche protocol, is ready for a potential price breakout following another week of significant mixed price action. In line with the widespread crypto market uplift, the altcoin had initially surged as high as $14.85 before retracing below the $13.50 price. According to analyst Ali Martinez, AVAX now lies at another critical price juncture, with the next price move likely to determine its short-term trend. Related Reading: SUI Reclaims Smart Money Zone, While Weekly Structure Signals Big Move Ahead Here’s Why AVAX Must Clear $14.83 Resistance  In an X post on January 16, Martinez shares an insightful analysis of the AVAX 12-hour trading chart, identifying a key price zone and an important chart formation. According to the presented tec...

The tariffs could strain US-European relations, potentially impacting global trade dynamics and geopolitical alliances significantly.
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