Jun 16Memecoin Predictive Analysis for June 16, 2022 — They Reminisce Over YouOn Monday, the overall value of the cryptocurrency market had for the first time dropped below the $1 trillion level, reaching $926 billion. As early as November of last year, this metric equaled $2.9 trillion. Major cryptocurrencies Bitcoin and Ethereum, as well as the other top 10 coins and crypto…Cryptocurrency5 min read
Published in Coinmonks·Jun 15Crypto Predictive Analysis for June 15, 2022 — “The Killing Moon”The great bloodbath occurred, the price of Bitcoin (BTC) has dropped by almost 30% in the last 7-days. The general trend across global markets seems to point to the downside. As Bitcoin and Ethereum sank to the lowest level in years, the BitMEX co-founder predicts more incoming losses if the…Bitcoin8 min read
May 20Analysis of the Terra Ecosystem CrashThe crypto market experienced a shock when the stablecoin UST and LUNA of the Terra ecosystem fell flat to zero. On the 10th of May, the price of LUNA started falling, this made a lot of traders see the asset as a good deep to buy — not knowing it…Cryptocurrency8 min read
May 16Crypto Predictive Analysis for the Week of May 15, 2022 — Eating My FeelingsA huge move lower from $69,000 in November 2021 to around $24,300 in May 2022 in Bitcoin’s (BTC) price has resulted in a sell-off turmoil across the crypto market. Unfortunately, the bearish sentiment has not even spared stablecoins, so-called crypto equivalents of the U.S. …Crypto7 min read
May 10Crypto Predictive Analysis for the Week of May 8, 2022 — Bat CountryBitcoin and all other crypto are still trending downwards while fear surrounding the global macroeconomic environment escalates. Losses could accelerate as cryptocurrencies appear to breach vital demand zones. Many traders and investors are at a great loss right now. The market fear and greed index is now in extreme fear…Cryptocurrency7 min read
Apr 27Memecoin Analysis for April 27, 2022 — Party Like its 1999 (Prices)Bitcoin bulls are attempting to reclaim the $40,000 level and if this happens, memecoins will also rally up from their previous position. The bearishness that the market displayed last week has made a lot of traders fearful, the fear and greed index is in the fear zone. …Bitcoin7 min read
Published in Coinmonks·Apr 25Crypto Predictive Analysis for the Week of April 24, 2022 — The HangoverBitcoin continues to struggle as it stays under $40,000, the majority of traders are having a bearish sentiment about the market that bitcoin may bottom at $37,000 before we see any relief rally. Bitcoin Analysis The fallout from the three-month-old rising channel teases further correction in Bitcoin(BTC) price. A successful retest to the breach resistance trendline has plunged the coin price below the $40000 support. However, a positive divergence in the RSI chart raises doubt about a genuine breakdown.Crypto7 min read
Apr 20Meme Coin Predictive Analysis for April 20, 2022 — Extinction Level EventThis is the question every trader and investor is asking as the bitcoin dipped a few days ago and a lot of analysts were predicting bitcoin reaching the $34k support line. Investors have pulled back to look at the market movement before entering again. The fate of the altcoins is…Cryptocurrency6 min read
Apr 18Crypto Predictive Analysis for the Week of April 17, 2022 — SchadenfreudeExpectations remain that Bitcoin (BTC) will continue to decline in the short term, as price compression has become the dominant chart feature of the Easter weekend thus far, saving worried traders another plunge below $40,000. The majority of cryptocurrencies are traded downward. …Cryptocurrency7 min read
Published in Coinmonks·Apr 14Important Considerations before Investing in CryptocurrencyIntroduction The cryptocurrency industry has grown and many people are now joining the industry because of the many things that it has to offer. There is a lot of hype in the cryptocurrency trade and many people are itching to buy cryptocurrency coins hoping to gain profits in the future…Cryptocurrency4 min read
