technicalanalysis

XRP Price Analysis: Will a Bullish Pattern Drive a Surge?

XRP Price Analysis: Will a Bullish Pattern Drive a Surge?

XRP, like most crypto, is still reeling from a recent bear market that has caused it to fall more than 36% from its highs this year. Even with this downward streak, a possibly bullish setup has formed on the charts providing some hope to investors. As of today, July 2,...

XRP to $5? Why This Technical Analysis Has Crypto Twitter Buzzing

XRP to $5? Why This Technical Analysis Has Crypto Twitter Buzzing

Alright, let's talk XRP. We know you’ve heard about it all over the trade press, the cup and handle this, collateralized bullish pennant that. I’ve seen this crypto Twitter phenomenon of XRP to $5, and to be honest, I understand why. Let’s not completely ignore the hype. We need to...

XRP's Price Plunge: The Technical Breakdown You Need To See

XRP's Price Plunge: The Technical Breakdown You Need To See

Let's cut the fluff. After all, you wouldn’t be here if you didn’t want to know why XRP is down, and more importantly, what to do about it. This isn’t an advertising/sales brochure/white paper/Hypey new hotness. It really isn’t random noise. The recent dip, dropping more than 10% and briefly...

CRV's Bullish Breakout: Is $1.62 the Next Stop?

CRV's Bullish Breakout: Is $1.62 the Next Stop?

Traders and investors are excited about Curve DAO Token (CRV). Its recent price surge will have definitely caught their attention though! BlockchainShock.com, the world’s primary source for deep, penetrating market sentiment analysis, reports an unprecedented spike in bullish market sentiment. This surge has been fueled by a bullish technical formation...

Dogecoin to the Moon? Technicals Hint at 200% Rally!

Dogecoin to the Moon? Technicals Hint at 200% Rally!

The original meme coin, Dogecoin has become a worldwide sensation and a favorite of the internet. Now, it’s making headlines once again – this time in crypto circles! New bullish technical analysis indicates a very strong setup for a massive rally. If sustained, this rally would push the price higher...

Altcoin Analysis: XRP Faces Potential Pullback While Monero Sees Overbought Conditions

Altcoin Analysis: XRP Faces Potential Pullback While Monero Sees Overbought Conditions

XRP, Monero, and Mantra are currently showing very different trading patterns that will need to be crossed examined delicately. XRP is trading around $2.29 and hovers near the upper boundary of a rising wedge pattern, suggesting potential vulnerability to a sharp pullback. Monero had an impressive breakout, hitting a multi-month...

JASMY to $0.2785? Wedge Pattern Points to Massive Breakout!

JASMY to $0.2785? Wedge Pattern Points to Massive Breakout!

A new cryptocurrency project that’s attracting the interest of traders and analysts is JASMY, a blockchain infrastructure initiative aimed at democratizing data. Recent market activity indicates a significant breakout, leading to speculation about substantial price increases. Technical patterns along with strong growing attraction to the market have left this poised...

XRP to $5.2? Analyzing the Bull Cycle Potential & Key Levels

XRP to $5.2? Analyzing the Bull Cycle Potential & Key Levels

XRP is the digital asset that powers great payment solutions. It has led to mountains of speculation and analysis in recent times. Investors and traders are scratching their heads and glued to its price movement. They are waiting to see if it can pull that off at ambitious targets, including...

Bitcoin's Death Cross: Is a Deeper Downtrend Inevitable?

Bitcoin's Death Cross: Is a Deeper Downtrend Inevitable?

Bitcoin has just recently flashed a death cross, a bearish technical pattern that usually sends shivers down the spines of investors. Whenever the 50-day simple moving average (SMA) crosses below the 200-day SMA, it establishes a powerful bearish market signal. Traders fervently view this crossover as a bearish signal. If...

XRP's Secret Weapon: The Technical Chart Pattern You're Ignoring

XRP's Secret Weapon: The Technical Chart Pattern You're Ignoring

Technical analysis. Some say it’s voodoo, others are true believers. To dismiss it completely is to ignore the new weather forecast before sowing all your seeds. You might find a way to succeed without it, but your chances of success go off a cliff. In the rapidly developing space of...

5 Reasons Why Crypto's $543M Liquidation is Good For You

5 Reasons Why Crypto's $543M Liquidation is Good For You

Okay, I know what you're thinking. "$543 million liquidated? How can that possibly be good for anyone?" Trust me, I get it. Nobody likes seeing that much money evaporate. Every once in a while, it takes a controlled burn to remove all the deadwood and open up space for a...

Crypto Wipeout: $543M Liquidated! Is Greed Blinding Traders?

Crypto Wipeout: $543M Liquidated! Is Greed Blinding Traders?

Last week’s dramatic plunge in the cryptocurrency market saw more than $543 million in positions liquidated. More than enough to underscore the serious risks associated with crypto trading, this event marks the … It’s particularly treacherous when you throw in market volatility, margin trading, and psychological drivers such as fear...

Crypto Greed's $543M Wake-Up Call Southeast Asia Must Heed

Crypto Greed's $543M Wake-Up Call Southeast Asia Must Heed

$543 million. Gone. Poof. Gone into the tempestuous flotsam and jetsam of the crypto markets in less than 24 hours. Greed’s price tag to more than 122,000 traders, that was the price tag of greed — a painful lesson imparted with cold and lethal efficiency. Bitcoin recently reached Bermuda Triangle-like...

Qubetics 950% Surge: Genius Move or Beginner's Trap?

Qubetics 950% Surge: Genius Move or Beginner's Trap?

Picture this: Siti, a young mother from Jakarta, juggling two jobs and dreaming of a future where her kids can go to better schools. She just cannot stop hearing the chatter and buzz around crypto, around how average people are becoming crypto millionaires overnight. She happens to discover Qubetics, notices...

Qubetics Skyrockets 950%! Crypto Beginners, Read This First

Qubetics Skyrockets 950%! Crypto Beginners, Read This First

Qubetics has featured widely on the crypto news circuit of late…thanks to a jaw-dropping 950% pump. For those new to the cryptocurrency scene, understanding what Qubetics is, its potential, and its risks is crucial before considering any investment. BlockchainShock is committed to teaching neophytes the fundamental concepts of Qubetics. Here,...

Qubetics' 950% Jump: Data Reveals a Risky Foundation

Qubetics' 950% Jump: Data Reveals a Risky Foundation

A 950% surge in one hour? Qubetics certainly grabbed headlines, and understandably so. The appeal of get rich quick schemes often draws everyone in. Such frustration is particularly pronounced among those who are new to the crypto space. Before you full send it, let’s soberly stand back and examine the...

Is Trump's Fed Pressure Fueling Bitcoin's Explosive New High?

Is Trump's Fed Pressure Fueling Bitcoin's Explosive New High?

Is it really that far-fetched? Let's be honest, the world of crypto often feels like a parallel universe, but it's increasingly interwoven with the "real" world of politics and economics. Seeing Bitcoin blast past $112,000 is mind-blowing. And while everyone's talking about ETF inflows and short squeezes, I think we're...

ETH's Last Stand? Analyst Predicts $4K Ethereum Breakout!

ETH's Last Stand? Analyst Predicts $4K Ethereum Breakout!

Ethereum (ETH) has been on an incredible run lately, sending positive breakout signals in all directions and gaining the interest of investors and analysts across the board. Ethereum had an exceptional week, as ETH price surged by 36% in the last seven days. Just over the past month, it has...