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.


Markets

Crypto Markets Analysis: On-Chain Data Shows Short-Term Bitcoin Holders Turning Profits

Ether prices breaking above the upper range of Bollinger Bands is a hopeful sign; bitcoin appears poised to trade flat.

(Getty Images)

Markets

Crypto Markets Analysis: Bitcoin, Ether Respond Positively to Falling Economic Data

Ether's price breaking above the upper range of Bollinger Bands is a hopeful sign; bitcoin appears poised to trade flat.

(Rob Mitchell/CoinDesk)

Markets

Ether-Bitcoin Ratio on Bullish Path After Triangle Breakout, Trader Says

We could see a bears in disbelief rally in ether in coming weeks, Decentral Park's Lewis Harland said.

(Jazella/Pixabay)

Markets

Crypto Markets Analysis: Bitcoin Muddles Along; Consumer Credit Debt Could Present Problems

Increasing consumer debt levels could reduce investment capital for crypto markets.

Bitcoin faces macro hurdles. (Josh Boak/Unsplash)

Markets

Crypto Markets Analysis: Prices Trade Quietly Despite Surrounding Noise

Price action for bitcoin and ether is relatively flat as markets become quieter near year end.

(Getty Images)

Markets

Crypto Markets Analysis: Strong Economic Data Is Bad News for Bitcoin Bulls

As U.S. initial jobless claims come in lower than expected and 3Q GDP gets revised higher, bitcoin traders might not want to fight the Fed.

(Getty Images)

Markets

Crypto Markets Analysis: Bitcoin and Ether’s Flat Trajectory to Continue, Technical Indicators Suggest

Momentum for both BTC and ETH remains in neutral territory, using the Relative Strength Indicator (RSI) as a proxy for momentum.

(Midjourney/CoinDesk)

Markets

Rotation Within CoinDesk Market Index Sectors Bears Similarities to Tradfi Trend

As investors in crypto and traditional finance alike run for cover, one form of analysis finds that bitcoin and health care stocks fit in the same risk bucket.

Crypto traders are rotating their positions. (Caleb Woods/Unsplash)

Markets

Crypto Markets Analysis: Bitcoin Correlations Show Dollar Still Rules (in the Inverse)

Bitcoin's relationship with the U.S. Dollar Index returns to form, with macroeconomic factors continuing to drive crypto prices.

(Midjourney/CoinDesk)

Markets

Crypto Markets Analysis: Bitcoin Finishes Roller-Coaster Week Near Where It Started

An unusually high number of altcoins set off Bollinger Bands technical signals.

BTC reverses course after an early decline. (Michele Tantussi/Getty Images)