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...

Crypto Regulation: 6 Key Takeaways from the Senate Hearing

Crypto Regulation: 6 Key Takeaways from the Senate Hearing

The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...

Day Trade Crypto Like a Pro: ChatGPT & Grok AI Secrets

Day Trade Crypto Like a Pro: ChatGPT & Grok AI Secrets

The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...

Senate Crypto Hearing: 3 Reasons Why the US is Losing the Blockchain Race

Senate Crypto Hearing: 3 Reasons Why the US is Losing the Blockchain Race

The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...

ChatGPT & Grok: Southeast Asia's Secret Weapon in Crypto Day Trading?

ChatGPT & Grok: Southeast Asia's Secret Weapon in Crypto Day Trading?

Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...

AI Tools Offer Crypto Traders an Edge in Fast-Paced Markets

AI Tools Offer Crypto Traders an Edge in Fast-Paced Markets

AI tools such as Grok are quickly becoming indispensable tools for crypto traders. They serve as a guide for traders to understand the volatility and nuances of the market. These platforms help traders cut through the noise, gain early sentiment alerts, and make informed decisions faster in the 24/7 world...

Beyond Tether & USDC: The Stablecoin Innovation You're Ignoring

Beyond Tether & USDC: The Stablecoin Innovation You're Ignoring

You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...