Market Analysis
Welcome to CoinEdition’s page for Market Analysis! On this page, we’ll compile all of our market analysis and price prediction content to help us all understand and discover the technical world of analysis. Market Analysis in the cryptocurrency space is no different from professional analysis for stocks, ETFs, and Forex. At CoinEdition, we make sure to provide market analysis and price predictions regularly to ensure that you, our readers, have a chance to compete with the ‘big players’. Therefore, grab your Trading View accounts and chart pattern cheat sheets, and let’s all dive into the wonderfully technical world of Market Analysis at CoinEdition.
Crypto Market Sees Lowest Spot Trading Volume Since 2020 Amidst AI Shift
In May, the in-house spot trading volume in the crypto market hit a new low, says Blofin. The market experienced a severe lack of liquidity…
BTC’s Price Drop May Continue if It Loses the Support of $26.8K
BTC’s price dropped 0.31% over the past 24 hours according to CoinMarketCap. The market leader’s price had rebounded off of the $26,882 support in the…
Apple WWDC Event Sparks Momentum for AI-Backed Crypto Token $RNDR
Apple’s WWDC event generates anticipation for the AI-backed Render token. The launch of Apple's VR sparks rumors of increased RNDR demand. AI-backed Render (RNDR) token…
ETH’s Mean Block Size Reached A 1-Month High: On-Chain Data
Glassnode announced in a tweet this morning that Ethereum’s Mean Block Size has reached a new 1-month high. At press time, the leading altcoin was…
Bitcoin LTH Drive Surge In Profitable Transfer Volume: Glassnode
Glassnode tweeted Bitcoin transfer volume sent by long-term holders in profit has surged by almost 2000% YTD. Current profitable transfer volume for BTC is $1.24B,…
BTC’s Network Activity Has Started Recovering From Its May Lows
Santiment recently tweeted that the number of active addresses for BTC has climbed back to 960K. BTC was able to flip the key resistance level…
AGIX May Flip Another Key Resistance Level in the Next 24 Hours
AGIX has made its way to CoinMarketCap’s list of trending cryptos. The altcoin’s price climbed more than 15% over the past 24 hours. Technical indicators…
Community Warns Against Sending Funds to BEN.eth in $LOYAL Pre-Sale
Crypto influencer issues a cautionary message about Bitboy’s pre-sale project. He expressed disbelief at the $10 million funds amassed so far. Bitboy defends BEN coin,…
Worldcoin, the Biggest Onramp to Crypto; Says Blockchain Capital
Blockchain Capital commented that Worldcoin would be the biggest onramp to crypto. The firm added that World App would become the most widely adopted crypto…
ChatGPT’s Sam Altman Raises $115M for Worldcoin Crypto Project
Sam Altman, has raised $115 million in Series C funding for crypto project, Worldcoin. Zach Pump says the fundraising event marks Altman’s entry into the…
