Technical Analysis

Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.


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XRP Moves Into the Weekly Spotlight, Dwarfing Other Crypto Assets

Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory

CoinDesk Market Indices weekly performance. (CoinDesk Indices)

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Bitcoin, Ether Maintain Their 2023 Decoupling from Traditional Finance

As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned

(Getty Images)

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Bitcoin Shrugs Off Solid Inflation Report, Holds Steady Over $30K

While hourly data showed increased volatility, bitcoin’s daily price movement was relatively calm

Bitcoin 07/12/23 (CoinDesk Indices)

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Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI

Crypto traders anticipate a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.

(AhmadArdity/Pixabay)

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Bitcoin Quiets Down in July After a Tumultuous First Half of 2023

While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.

Bitcoin's price has been in the doldrums. (Pixabay)

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FOMC Minutes Show Uncertainty, Cautious Optimism. Large Bitcoin Investors Are Taking Divergent Paths

The largest and smallest bitcoin whales have added to their holdings, but the group in between has jettisoned some of their tokens.

(Tom Parsons/Unsplash)

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Bitcoin Remains Range-Bound, Despite Bullish Sentiment

Bitcoin prices have paused with support at $30,000

(Getty)

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Bitcoin May Be Forming a 'Bull Flag' on Price Chart: Technical Analysis

A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.

Bitcoin may be forming a "bull flag" (CoinDesk/Highcharts.com)

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Bitcoin, Ether Hold Steady as Investors Shrug Off Upbeat Economic Data, Rekindled Inflationary Concerns

Risk markets appear to have already priced in rate hikes, and remained largely unstirred by today’s unexpectedly strong economic data.

Bitcoin and other major cryptocurrencies have been riding along relatively flat terrain.  (Marianna Lutkova/Unsplash)

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CoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance

Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.

(Unsplash)