Analysis

BTC and ETH Price Analysis: The Birth of a New Weekly High

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Introducing On-Chain Bitcoin Analysis

In collaboration with Glassnode, Bitcoin Magazine is introducing more Bitcoiners to the world of on-chain analytics. This article is a collaboration by Glassnode and Bitcoin Magazine to introduce Bitcoiners to the world of on-chain analysis. Our aim is to simplify, demystify and improve access to on-chain data, helping you take the first steps into using […]

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Bitcoin (BTC) price analysis after Bank of America labels it as ‘impractical’

Bitcoin (BTC) price action has continued to trade around the $60,000 handle. BTC price is up over 2% on the day as buyers set their sight on a fresh record high. Fundamental analysis: BofA analysts bash BTC Bitcoin is similar to other commodities in the sense that the cryptocurrency’s price action is influenced solely by […]

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Ethereum Price & Technical Analysis: ETH is Not Done Correcting

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Ripple Price Analysis: XRP breakdown could continue to $0.4 amid a worsening technical picture

Ripple breaks down from the resistance at $0.65, leaving open-air for bears to explore. XRP’s short-term analysis suggests that the least resistance path is downwards. Ripple will continue with the uptrend if the 50% Fibonacci level support holds. Ripple has been rejected from last week’s high of $0.65. This is the first time the cross-border […]

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XRP Price Analysis: XRP in Sideways Consolidation, XRP Longs ATH at Bitfinex, XRP Search ATH in Google Trends

Ripple has been through a wild ride the last 10 days as the XRP price exploded over 200% to fall nearly -55% shortly after. Support at $0.35 held XRP from dropping further after the -55% drop, which was also met with a 3 month downtrend line (black). With price holding above the downtrend for the […]

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LTC/USD Analysis: Litecoin Is About To Reverse The Trend

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Crypto Market Analysis: 25th January 2021

Global markets hit new heights last week, reflecting the dawn of Biden’s administration as the 46th US president was inaugurated on Wednesday. The S&P 500 was the leading beneficiary, whilst the FTSE 100 also climbed on the ‘Biden bounce’. Conversely, bitcoin struggled and spent much of the week on a slow but steady decline, but […]

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Altcoin Price Action Analysis – Coins That Are At Key Technical Trade Locations, Volatility Expansions Imminent (ETH, LINK, DOT, LTC & XRP)

Key Daily and Weekly S/R levels to monitor RSI Bullish and Bearish Control Zones indicating strength/ weaknesses Price Discovery Modes with increasing volume nodes The ALT Coins that will be covered in this article are all at key trade locations where further expansions are highly probable. Having an understanding of price action with a holistic […]

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ADA/USD Analysis: Cardano Is Officialy in DeFi

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Ethereum, Litecoin, Ripple price analysis roundup

All major cryptocurrencies have collapsed this Thursday and the ongoing sell-off is still not over. The price of Ethereum, Litecoin and Ripple is also pressured by this situation and more than $25 billion were wiped out from the market in less than 24 hours. Despite this negative news, it is important to mention that Russian […]

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Watch These Two Alts Closely: ETH and XRP Analysis

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Video: Fed Watch — Economic Crisis Analysis With Lyn Alden

On the latest episode of Bitcoin Magazine’s Fed Watch podcast series, the hosts are joined by one of the great macro pundits of the last few years, Lyn Alden. Alden has a fantastic grasp on the history of macro economics. In this interview, the groups focused on placing our current time into historical context, comparing […]

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Yearn.finance Technical Analysis: YFI rebound to $25,000 remains a challenge

Yearn.finance refreshes support at $20,000 but rebounds towards $22,000. On-chain data predicts increased selling pressure towards $25,000. Yearn.finance saw the rebound predicted at the beginning of the week invalidated after failing to close above the 50 Simple Moving Average (SMA) in the 4-hour range. The rebound came into the picture following the formation of a […]

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Binance Coin Technical Analysis: BNB Drawing Closer To Yearly Highs, DeFi Integration Spikes Interest

Binance DeFi integration causes a spike in network activity while creating interest in Binance Coin. BNB seeks support after rejection at $34; the buyer congestion at $28 to come in handy. Binance Coin dived to lows of $6.4 following the Black Thursday crash in March. The majority of markets around the globe were feeling the […]

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XRP Price & Technical Analysis: XRP Stuck In a Flat

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On-Chain Analysis Suggests There Are Few Bitcoin Sellers Preventing a Rally

Bitcoin has seemingly entered no man’s land, with the price ping-ponging between $11,000 and $12,000. A top analyst has corroborated this sentiment, recently noting that neither his bull nor bear case has been confirmed. Chances are that this consolidation will resolve upward, though, according to a new analysis. This analysis suggests that there is little […]

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Crypto Price Analysis July 29: Bitcoin Rose Above $11,000

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Ethereum May Form “Short Pullback” After Rallying 30% in 5 Days: Analysis

Ethereum has pulled back from its local high of $322 (margin exchanges). It now trades for $312 as of this article’s writing. Some analysts argue that the cryptocurrency is preparing for another leg higher, citing the momentum trade that ETH is. On-chain metrics, though, suggest that the asset may soon be subject to a “short-term […]

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What Technical Analysis Is All About In Analysing Stock Market.

Bitcoin has gained popularity and momentum as the world’s first truly digitalised currency, and we are almost sure that it is going to succeed as a commodity and a reserved currency. It is an instrument of disruption that gives back to people the control over their finances without the need for external management or protection. […]

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Crypto Price Analysis July 8: BTC, ETH, LTC, BCH, XRP

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XRPUSD Price analysis: XRP Prices Continue To Be In Downtrend With More Possible Declines

XRP Price has recently shown a downtrend where it is noted the lowest low at the 0.1785 level but this can not be the lowest low already because XRPUSD can show more decline. XRPUSD is trading in a possible descending wedge formation which is certainly a bullshit the reversal that can show to the upside with good potential. XRP Price […]

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Bitcoin Technical Analysis: BTC/USD Stalls Under $9,300, Volatility Expected As Bitcoin Futures Expire

Bitcoin price fails to sustain gains above $9,300; seeks balance above $9,200 during the Asian session. Bitcoin futures contracts worth over $1 billion to halt trading on Friday across major exchanges. Bitcoin price reclaimed its position above $9,000 following a minor and brief dip into the $8,000’s range on Thursday. The recovery pulled Bitcoin above […]

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