- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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.
Market Wrap: Altcoins Outperform as Sentiment Improves; Bitcoin Within 'Value Zone'
BTC was up by 2% over the past 24 hours, compared with an 11% rise in RUNE and LUNA.

Bitcoin Stabilizes Above $40K; Resistance at $43K-$46K
The recovery phase remains intact, albeit within a wide trading range.

Bitcoin Holding Support Above $37K; Resistance at $45K
BTC appears to be oversold on intraday charts.

Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coins Surge
During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings.

Bitcoin Neutral, Support at $37K and Resistance at $46K
Bullish countertrend signals require weekly price closes above $40K.

Bitcoin Holding Support at $40K; Resistance at $43K-$47K
Selling pressure has weakened, which could pave the way for a price bounce.

Bitcoin Stabilizes at $40K Support, Resistance at $43K-$47K
Selling pressure could fade over the next few days.

Bitcoin Approaches Support Zone at $37K-$40K
BTC is not yet oversold and is roughly two days away from a pause in selling pressure.

Bitcoin Stalls Below $48K Resistance; Support at $40K-$43K
The current pullback appears to be temporary ahead of seasonal strength.

Bitcoin Stabilizes at $43K Support; Resistance at $45K-$48K
Range-bound price action could persist for a few days.
