Market Analysis
Welcome to CoinEdition’s page for Market Analysis! On this page, we’ll compile all of our market analysis and price prediction content to help us all understand and discover the technical world of analysis. Market Analysis in the cryptocurrency space is no different from professional analysis for stocks, ETFs, and Forex. At CoinEdition, we make sure to provide market analysis and price predictions regularly to ensure that you, our readers, have a chance to compete with the ‘big players’. Therefore, grab your Trading View accounts and chart pattern cheat sheets, and let’s all dive into the wonderfully technical world of Market Analysis at CoinEdition.
APE Bears Regain Control, Traders Eye Buying Opportunity
APE price faces bearish pressure at a 1.91% drop, but traders remain active. MACD and EFI ratings indicate short-term bearishness for APE. KST reading of APE’s oversold condition may present...
LTC’s Bullish Momentum Falters as Overbought Signals Emerge
Litecoin price rises on bullish momentum and increased trading volume. BRC-20 tokens flooding into LTC-20 may increase Litecoin network activity. Overbought stochastic RSI and negative BBP suggest LTC market correction....
PEPE, LINK, and SUI May Lead the Charge in the Next Altcoin Rally
The crypto trader and analyst Altcoin Sherpa uploaded his latest analysis for several altcoins yesterday. Sui (SUI) and Pepe (PEPE) present good buy opportunities, according to the trader. He also...
LUNC’s Bullish Momentum Gains Strength Amid Increasing Volatility
LUNC sees over a 7% increase in price amid the bull run. Breaking the $0.0001 psychological barrier may catapult LUNC to new heights. MACD line suggests the tide is turning...
NFT Loan Volume Skyrockets to $67 Million as Blend Leads the Charge
NFT loan transaction volume reaches a six-month high of $67 million, with Blend capturing 75% of the market share. Blend’s introduction correlates with a short-term increase in the floor prices...
TOADY Burns Another 1.5% Buy Back; Hopes for Favorable Future
Memecoin TOADY takes out another 1.5% of their market supply. On Monday, TOADY secured the eighth position while trending on crypto.com. TOADY is currently valued at $1.95e-10. Toady (TOADY), the...
Upcoming CPI Data Could Push BTC to $26,300, Warns Traders
CryptoBusy, a crypto trading page, warned other crypto traders to brace for today’s CPI data. According to them, BTC will either crash below $27K today or rally for the next...
BTC Plunges: Will It Break Below $23K In The Next Few Days?
So far, the weekend has not been kind as most of the crypto market is in the red today. This comes following the release of strong US inflation and spending...
Crypto Prices Marketwide Nosedived as Dollar Hits a 7-Week High
The blockchain analytics firm, Santiment (@santimentfeed), tweeted today regarding the crypto market leader, Bitcoin (BTC). According to the tweet, BTC and the S&P 500 dropped Friday after the U.S. Dollar...
MKR Whale Made Its Biggest Moves in 3 Months as MKR’s Price Falls
Santiment (@santimentfeed), the blockchain analytics firm, tweeted today that a Maker (MKR) whale made “its largest whale moves in over 3 months” over the last 24 hours. According to the...
Crypto Trader States That BTC Will Drop Below $20K This Month
The crypto market leader, Bitcoin (BTC), experienced a drop in price over the last 24 hours according to CoinMarketCap. At press time, BTC’s price is down 0.85% and is trading...
Metaverse Will Hit $5 Trillion in Investments by 2030: McKinsey
According to research by McKinsey, a global management and consulting firm, the metaverse could generate up to $5 trillion across consumer and enterprise use cases by 2030. That is equal...
Crypto Analyst Shares The Best Altcoins To Buy At The Moment
In his newest YouTube video, the well known crypto trader and analyst Michael van de Poppe shared some of the altcoins he is keeping an eye on to buy. The...
China Could Be A Catalyst For Crypto Market In 2023
Popular crypto influencer Lark Davis believes that China could play a major role in the crypto market this year by inducing a bull market. According to Davis, the opening up...
Aptos (APT) Price Is Up By 3+% And Could Still Climb Higher
Aptos (APT) is one of the cryptocurrencies having a more pleasant Saturday as it is up by more than 3% at publishing time. According to the crypto market tracking website...
Crypto Gaming Set for Bull Run With Play-and-Earn: Crypto Influencer
Crypto trader and investor Lady of Crypto declares that Play-to-Earn (P2E) is dead in crypto gaming and Play-and-Earn is what’s on the rise instead. In a recent tweet, Lady of...
BNB Price Analysis: BNB Price Rises to $337.32 30-Day High Following Bullish Efforts
The BNB market has been bullish for 24 hours after establishing support at around $328.13. The bulls successfully raised the price to a new 30-day high of $337.32 due to...
Protocol Labs Dismisses 21% of Employees to Counter Crypto Winter
Protocol Labs, the open-source research, development, and deployment laboratory, announced that the company has decided to discharge almost 21% of its employees in order to tackle the unfavorable conditions of...
3D Factory To Release Collections After Successful Super Cup Launch
Following the success of 3D Factory’s RFEF SuperCup of Spain NFT Collection, which sold out in less than an hour on OpenSea, the metaverse company has announced the release dates...
‘Professional Crypto Traders Have Never Heard Of LBC’: John Deaton
Crypto Law founder John E. Deaton retweeted LBRY’s tweet addressing its victory yesterday. “We haven’t won yet,” said the LBRY, who claimed that it doesn’t matter if the judge says...
Crypto Analysts Challenge Each Other On Market Predictions
Celebrity crypto author, Ben Armstrong, disagrees with Blockworks founder Jason Yanowitz on his observations about how persevering through the bear market now will be worth their while in his recent...
Crypto Trader Identifies a Change in the Altcoin Market Trend
A crypto trader and influencer with the identity Pentoshi has identified a new pattern in the price behavior of altcoins. Pentoshi observed that the altcoin market moves quickly, without having...
White House: No Greenlight for Pension Funds to Enter Crypto Market
On January 27, the US White House issued a statement outlining steps the administration of President Joe Biden may take to reduce the dangers posed by virtual currencies. Much of...
Argo Blockchain Faces Class Action Lawsuit, Shares Down 7.5%
Investors of Argo Blockchain have brought a class-action lawsuit against the British Bitcoin mining firm. The lawsuit accused the Bitcoin miner of misleading investors and misrepresenting several key facts related...
FBI Infiltrates Hive Network, Foils $130M in Ransom Demands
On Thursday, the Federal Bureau of Investigation (FBI) issued a statement announcing its success in seizing the ransomware group, Hive Network. The agency saved 300 victims, preventing them from paying...
