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.
Trader Shares His Short-Term Price Targets For Cardano (ADA)
In his recent YouTube video, Dan Gambardello shared some of his expected targets for ADA. The trader also explained that although he expects the price of ADA to drop soon,...
Bitcoin (BTC) Is on the Verge of a Bullish Breakout, Says Analyst
The technical analyst CryptoCon believes that it is only a matter of time before BTC starts to “take off.” At press time, BTC’s price had printed a slight 24-hour gain...
Trader Predicted LTC May Post Near 4X Gains in the Next Few Weeks
A trader and analyst Christopher Inks predicted that LTC will challenge $400 soon. LTC’s price was trading at $92.52 after printing a 24-hour gain of 1.78%. The altcoin’s price closing...
Two-Week Bitcoin Super Trend Analysis Points Towards Higher Prices
BTC price encounters resistance; experts foresee a future bullish surge. Two-week Bitcoin Super Trend analysis reveals positive signs. Investors are advised to exercise patience as higher prices are expected. The...
Trader Believes Now Is a Good Time to Buy Into Dogecoin (DOGE)
Crypto Rover, a trader and analyst, shared in a tweet this morning that he is stacking up on DOGE. The meme coin’s price had printed higher lows over the past...
BTC Will Experience a Strong Move This Weekend, Says Trader
The crypto trader and analyst Crypto Rover predicted that BTC will experience a breakout this weekend. BTC’s price continued to trade below the key $27K mark at press time. Technical...
Keystone, UniPass Merge to Form Account Labs to Simplify Web3 Accounts
Keystone and UniPass merge to establish Account Labs. The focus is developing Account Abstraction (AA) for a simplified Web3 adoption. AA will allow users to engage seamlessly with Web3 services....
2024 Presidential Candidate To Start Accepting Bitcoin Donations
Robert Kennedy Jr. has announced that he will start accepting Bitcoin for his political campaign donations. The 2024 Presidential election candidate expressed solidarity with the Bitcoin community at the Bitcoin...
3 On-Chain Metrics for ETH Recently Reached New Milestones
In a series of tweets, glassnode alerts highlighted 3 on-chain metrics for ETH which recently set new milestones. The decrease in the amount of ETH exchange inflow suggests that traders...
Recent Data Showed the Impact of Halving Events on BTC’s Returns
Glassnode recently highlighted the consistent growth in BTC’s realized cap over the past few halving events In their post, Glassnode also shared that BTC’s returns have diminished with each historical...
ZkSync Outperforms Polygon in Terms of Total Value Locked
ZkSync has been outperforming Polygon in terms of TVL over the past few weeks. Since the launch of zkSync’s Era and Polygon’s zkEVM, the zkSync ecosystem has been growing rapidly....
Terence Chain Emphasizes Importance Of LMD-GHOST Fork Choice
Terence Chain expressed a newfound appreciation for blockchain liveness, specifically LMD-GHOST fork choice. Ethereum experienced two instances of finality disruption within 24 hours, raising security concerns. Despite the disruption, Ethereum...
Solana (SOL) Records Impressive Gains Amidst Market Recovery
SOL was one of the biggest gainers of the top 10 cryptos after a more than 5% increase over the past 24 hours. The altcoin’s price was able to break...
BTC Makes a Comeback After Recently Losing the $27K Support Level
Many cryptos were able to print gains over the past day according to CoinMarketCap. The market leader Bitcoin (BTC) also printed a daily gain for the first time since breaking...
Data Shows Long-term BTC Holders Have Become Less Active in Market
BTC hits a 10-month low in the number of spent outputs with a 1 to 2yrs lifespan. The metric suggests that long-term holders are selling or transferring their coins. Bitcoin...
Analyst Warns About Buying Memecoins: Memecoins Are Risky
A crypto investor withdrew 174 ETH and bought 2 trillion LADYS $0.0000001504. Later, the trader sold the memecoins just for 73.5 ETH at $0.00000006142. Lookonchain shared the details and warned...
PEPE Gains 75% in 24 Hours Bouncing Off Psychological Support
PEPE gained 75% in 24 hours for the first time since reaching its ATH. The Price surge fulfilled a MACD divergence that formed on PEPE’s hourly chart. PEPE bounced off...
Crypto Influencer Faces Continuous Backlash for Memecoin Promotion
ZachXBT tweets a 17-part thread on Ben Armstrong aka BitBoy Crypto’s previous involvement with scam projects. BitBoy Crypto continues promoting BEN Coin, calling it more than just a memecoin. The...
Celebrate Mother’s Day by Educating Your Mom About Cryptocurrency
Imagine sitting at the dinner table and enjoying a delicious spread with your mom when she suddenly asks, “What’s this cryptocurrency thingamajig?” You’ve tried explaining it before, but the crypto...
PEPE May Experience Second Sell-off in the Short Term: Report
Santiment shared their latest insights report for PEPE via a tweet this morning. According to the report, on-chain metrics had foreshadowed the recent PEPE sell-off. The insights revealed that there...
Regolith Unveils Exclusive Investment Opportunity in DexCoyote
Regolith announced an exclusive investment opportunity for its verified users to invest in DexCoyote. DexCoyote has issued 90,000 tokenized shares for sale at $1 per share. Sales will commence on...
Ethereum Beacon Chain Issues Settle: Finality is Restored
Ethereum Protocol Developer Preston Van Loon tweeted the positive outcome of the developers’ investigation on the Ethereum mainnet issues. Users’ transactions had been blocked, and transactions were not finalized for...
APE Bears Regain Control, Traders Eye Buying Opportunity
APE price faces bearish pressure at a 1.91% drop, but traders remain active. MACD and EFI ratings indicate short-term bearishness for APE. KST reading of APE’s oversold condition may present...
LTC’s Bullish Momentum Falters as Overbought Signals Emerge
Litecoin price rises on bullish momentum and increased trading volume. BRC-20 tokens flooding into LTC-20 may increase Litecoin network activity. Overbought stochastic RSI and negative BBP suggest LTC market correction....
PEPE, LINK, and SUI May Lead the Charge in the Next Altcoin Rally
The crypto trader and analyst Altcoin Sherpa uploaded his latest analysis for several altcoins yesterday. Sui (SUI) and Pepe (PEPE) present good buy opportunities, according to the trader. He also...
