by Koinat | Jan 29, 2024 | Market News, Technical Analysis
Bitcoin’s recent retracement to $38,000, accurately predicted by analyst Markus Thielen of 10x Research, has led him to identify levels above $43,000 as optimal for new bullish positions on the cryptocurrency. Thielen emphasizes that reversal indicators are...
by Koinat | Jan 15, 2024 | Technical Analysis
Bitcoin (BTC) has experienced a more than 5% decline to $42,600 since the introduction of spot ETFs in the U.S. last Thursday, signaling a possible “sell the fact” reaction in the market. Analysis by 10x Research suggests that this sell-off may continue in...
by Koinat | Jan 4, 2024 | Technical Analysis
As the broader forecast for XRP suggests a potential retest of the $2 price level, many are curious about the timeline for this anticipated bullish rally. XRP, closely tied to Ripple Labs Inc., experienced a diverse year of ups and downs. A notable highlight...
by Koinat | Dec 19, 2023 | Technical Analysis
Bitcoin’s extraordinary surge of over 150% this year has left some investors cautious, fearing an impending price correction. However, key indicators tracking blockchain activity, miner flows, and the 200-day moving average suggest that Bitcoin is far from...
by Koinat | Nov 7, 2023 | Technical Analysis
Bitcoin, a type of digital money, is facing some problems and getting support from big investors. Right now, it’s worth about $34,901, which is a little less than before. The US Securities and Exchange Commission (SEC) is having trouble finding people who...
by Koinat | Jun 26, 2023 | Technical Analysis
Ethereum’s on-chain movements show that bullish pressure is developing around Ether, as exchange balances have reached an all-time low and staking deposits continue to rise. Eth technical indicators indicate that the commodity can recoup $3,000 if buyers...
