In this category of TheNewsCrypto, you will see an analysis of market trajectories and price movement. The analysis is offered by our industry experts on all major cryptocurrencies. To help you make informed decisions, our team offers you price analysis for trading and financial ideas based on extensive market research and the application of theory. Using this, financial choices may be made in a manner that is as near to the market as possible. However, please keep in mind that TheNewsCrypto does not necessarily share the author’s views on this topic. Analysis articles should not be used as a source of financial advice. Before investing in a cryptocurrency, NewsCrypto recommends all users do their own research.
LTCUSDT, the Litecoin to Tether trading pair, has experienced a notable journey in recent times. After showcasing impressive performance with a remarkable 750% return from January 2020 to April 2021, the cryptocurrency faced a significant hurdle in surpassing its recent high of $413. This resulted in a bearish trend lasting
VET (VeChain) has been exhibiting a Descending Channel pattern on the daily time frame, indicating a period of consolidation and potential price reversal. As the price approaches the upper boundary of the channel, a breakout above the resistance area could indicate a shift in the market sentiment and the start
ANKR is currently displaying a descending channel pattern on the daily time frame, indicating a consolidation phase in its price movement. However, traders and investors are closely observing the market as ANKR approaches a critical resistance area, as a potential breakout above this level could mark the beginning of a
Trading patterns provide valuable insights into the behavior of financial markets, helping traders identify potential opportunities for profit. One such pattern that has emerged on the daily time frame for the Solana cryptocurrency pair is the ascending channel. This pattern is characterized by a rising support line and a parallel
In this technical analysis, let’s examine the price action of CFXUSDT within a descending channel pattern on the daily time frame. Technical analysis is a method used by traders and investors to analyze historical price data and identify potential future price movements based on patterns, trends, and indicators. CFXUSDT is
MATIC token currently displaying an intriguing technical pattern known as the Ascending Triangle Pattern on the daily time frame. More so, this pattern has captured the attention of traders and investors as it suggests a potential bullish breakout in the near future. In addition, the price action is nearing the
In the exciting world of cryptocurrency trading, market participants are constantly on the lookout for potential breakout opportunities that can offer significant profit potential. More so, one such intriguing prospect has emerged for Optimism, the trading pair of the OPUS token against Tether (USDT). Even more, a notable technical pattern
Litecoin (LTC) forms an ascending triangle pattern, a bullish technical formation that has caught the attention of cryptocurrency traders and investors alike. Moreover, with a target price of $84.8 and an entry point set at $74.95, market participants are eagerly monitoring this pattern for potential price breakouts. Added to this,
Uniswap (UNI) has entered a consolidation phase, displaying a Horizontal Channel Pattern within the price range of $4.245 and $4.656. This pattern shows a period of price consolidation and suggests that UNIUSDT is currently trading within a specific range. Additionally, the presence of a Wyckoff structure adds further indicators to
My Neighbourhood Alice (ALICE) has entrenched in a bearish trend, characterized by lower highs and lower lows since mid-March 2023. According to CoinMarketCap, ALICE price is trading at $0.9049 with a 24-hour trading volume of $11,221,153, at the time of writing. In the world of cryptocurrency trading, identifying potential breakout
