Tag: Technical Analysis

Will Fed’s hawkish tone drive altcoin gains off a cliff?
Altcoin

Will Fed’s hawkish tone drive altcoin gains off a cliff?

DNNS February 2, 2023

MAGIC, Optimism and Stargate Finance have rallied beyond 20% after the US Federal Reserve’s policy meeting on Wednesday. While MAGIC and Optimism are entering price ... Read More

Can low market cap altcoins like COTI, INJ and DUSK continue to moon?
Altcoin

Can low market cap altcoins like COTI, INJ and DUSK continue to moon?

DNNS January 26, 2023

The recent rally in Bitcoin has caused the total crypto market cap to go from $800 billion to $1 trillion. Low market capitalization altcoins like ... Read More

XRP price fated to consolidate as investors ditch Ripple for volatile altcoins
Altcoin

XRP price fated to consolidate as investors ditch Ripple for volatile altcoins

DNNS January 10, 2023

XRP price continues to trade below the declining trend line connecting the string of lower highs formed since November 25, 2022. Although unlikely, Ripple bulls ... Read More

Bitcoin price might crash violently ahead of US CPI release, dragging altcoins with it
Altcoin

Bitcoin price might crash violently ahead of US CPI release, dragging altcoins with it

DNNS January 10, 2023

Bitcoin price seems to have formed a local top at $17,398 after a 4.3% rally. Investors should prepare for a correction to $16,000 or lower, ... Read More

Why LTC will be the first altcoin to rally in 2023
Altcoin

Why LTC will be the first altcoin to rally in 2023

DNNS January 2, 2023

Litecoin price shows a clear double top formation around $70.86, denoting a potential for a pullback. The $68.46 and $67.41 supports are inefficiencies formed on ... Read More