technicalanalysis

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...

XRP's Bollinger Bandwidth Hints at Impending Price Shift

XRP's Bollinger Bandwidth Hints at Impending Price Shift

XRP price is on the verge of a major breakout. The Bollinger Bandwidth indicator, a key indicator of market volatility, shows that a change is due. The indicator, which measures the percentage of the 20-day moving average, is gaining traction among analysts scrutinizing short-term price movements, particularly within the cryptocurrency...

Ethereum's 35% Surge: Falling Wedge Signals Bullish Reversal?

Ethereum's 35% Surge: Falling Wedge Signals Bullish Reversal?

Ethereum, the second-largest cryptocurrency by market capitalization, has recently exhibited signs of a bullish reversal. That’s all great technical news. These technical indicators, including the falling wedge pattern and bullish divergence in the Relative Strength Index (RSI), hint at the possibility of a major price breakout entering the horizon. It's...

Dogecoin Eyes $0.29 Target as Key Technical Indicator Emerges

Dogecoin Eyes $0.29 Target as Key Technical Indicator Emerges

Dogecoin DOGE is painter with bullish momentum over the chart. In addition, one of the market’s most important technical indicators, the 3-day MACD bullish crossover pattern, has just been confirmed. This pattern, combined with key support and resistance areas, points to a potential breakout for the favorite meme coin of...

Bitcoin's $90K Target: Technicals Meet Real-World Risks

Bitcoin's $90K Target: Technicals Meet Real-World Risks

So, Bitcoin's eyeing $90K again, huh? Everyone's buzzing about bullish engulfing candles and MA50 support holding strong, just like summer '24. Technical analysis is sexy again. The charts are telling you that it’s going up, and every trader on the delicate fence is looking for an entry point. But hold...

Bitcoin Blasts Off! Is $90K Next? TA Reveals Key Levels

Bitcoin Blasts Off! Is $90K Next? TA Reveals Key Levels

Bitcoin’s tumultuous path over the treacherous landscapes of the crypto world remains an alarming, yet fascinating reality for both traders and spectators. BlockchainShock is the place to go for intelligent market sentiment analysis. It provides in-depth technical analysis and pro coverage of the fast-changing digital asset environment. This article will...

XRP Price Momentum Builds with Bullish Technical Signals

XRP Price Momentum Builds with Bullish Technical Signals

XRP is exhibiting strong upward momentum, trading above $2.00 with both short and long-term technical indicators implying more room to run. As buyers have shown every time when price declined in the face of hawkish news, the cryptocurrency has proven to be remarkably resilient. Market experts are starting to get...

Bitcoin's 'Breakout' is a Mirage: 3 Hidden Technical Flaws

Bitcoin's 'Breakout' is a Mirage: 3 Hidden Technical Flaws

Moreover, Rekt Capital, and many others, are predicting a Bitcoin breakout and are shouting this news from the rooftops. Hold your horses. But out there in the crypto desert where the mirage of the ICO still shimmers, the optimism may be blinding me. So before you go betting the farm...

5 Reasons Atkins' SEC Could Unleash Bitcoin's Next Bull Run

Since then, Paul Atkins has taken the reins at the SEC, which represents a dramatically different leadership as well. If successful, this change would be a tectonic shift for Bitcoin’s future. Forget the typical bureaucratic relabeling – this is an actual paradigm shift in thinking. He is a pro-crypto advocate....

Bitcoin's Rise, Ethereum's Fall Africa's Crypto Game Changer?

Bitcoin’s blasting off like a SpaceX rocket, Ethereum sputtering on the launchpad. And when we look out, we see the headlines, the charts, the breathless pronouncements of a new bull run. But wait before you envision Lambos lining the streets in front of mud huts, let’s discuss what all this...

Bitcoin to $92K? Why Southeast Asia's Gen Z is Already There

Western analysts are salivating over Bitcoin possibly reaching $92,000. Okay, fine. Let’s be honest, that’s a whole lot of yesterday’s news in Southeast Asia. We understand that Wall Street is attuned to charting lines and price targets, and the like. In contrast, Gen Z in Indonesia, the Philippines and Vietnam...

Bitcoin's $90K Surge: Africa's Crypto Revolution is Just Beginning

$90,000 Bitcoin? So what? That’s probably your first thought. Another number, another headline. Allow me to say, this is not another price point. For Africa, a jump to $90K-$92K would be a tectonic shift kind of deal. Perhaps this new record will ignite the new financial revolution that has been...

Bitcoin to $90K? Decoding the Breakout & What it Means Now

Bitcoin (BTC) price has recently made powerful bullish momentum. This has left many individual investors scrambling to figure out whether it’s going to shoot up to $90,000 in the near future. This article unpacks the technical analysis behind TCX’s potential rally. That includes an overview of major support and resistance...

Trump's Bitcoin Reserve Fails Africa 3 Ways It Hurts Fintech

The hype was real. When Trump first indicated a pro-crypto position (most notably with the Strategic Bitcoin Reserve plan that sent Bitcoin’s value skyrocketing). The reality? That’s a huge disappointment, particularly to Africa’s rapidly growing fintech market. In the process, the often-forgotten continent is again, er, forgotten. We were sold...

Trump's Bitcoin Blunder: Southeast Asia's Crypto Dreams Crushed?

Southeast Asia was buzzing. You could feel it. The busy streets of Jakarta are clamorous with activity. In stark contrast, Singapore’s tech scene is abuzz with the latest wave of hopeful optimism. Bitcoin. This initiative is not only about profit. We seek financial inclusion to unshackle from the longstanding gatekeepers...

Trump's Bitcoin Reserve: Epic Fail or Strategic Pause?

The crypto space, as we all know, is a highly speculative environment driven by sentiment. Recent events involving Donald Trump’s plan to adopt a Bitcoin reserve give us a vivid example of this phenomenon. That first announcement sent a shockwave of excitement and speculation across the country. The grizzly details...