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.
Bitcoin $40-$48k in View as NUPL Heads to Orange in Four to Six Weeks
A renowned analyst disclosed that the Bitcoin NUPL will transition to the orange zone within weeks. He cited that Bitcoin market conditions are similar to…
Solana (SOL) Price Analysis: How Feasible Is the Rise to $39?
With increasing strength, SOL may hit $39, according to Michaël van de Poppe. A correction to $26 is likely as indicated by the MFI and…
Elon Musk’s Halloween Surprise: Will DOGE Price Retest Highs?
Elon Musk's Halloween history sparks DOGE price anticipation. Dogecoin holds steady above $0.055 support, hinting at a potential rally to $0.0775. Twitter's crypto venture with…
BTC Could Suffer Further Losses if It Fails to Close Above $31.7k
Ali tweeted yesterday that BTC needs to close a weekly candle above $31.7K to avoid further losses. At press time, BTC was trading at $26,063.76…
Twitter Users Want Death Sentence for Corrupt US Politicians
Wall Street Silver shared a video as an example of how US politicians should be treated. In the video, Marou Amadou, a former Niger government…
SUI Stands Strong Despite Latest Market-Wide Selloff
Sui (SUI) made its way onto CoinMarketCap’s trending list - occupying the 4th position. The altcoin had printed a 0.75% gain and was trading at…
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…
