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.
Solana Ecosystem and Price: What to Expect in Coming Days
According to a report by Electric Capital, Solana’s developer ecosystem has surpassed 2,000 total developers by 2022, making it the fastest-growing crypto in the blockchain industry. The report also shows...
UAE Introduces First Regulatory Regime For Virtual Assets
UAE has announced the introduction of a new federal-level regulation governing virtual assets. This framework is the state’s first-ever regulatory regime set up for the web3 space in UAE. According...
$1 Billion Fund to Bet on Abu Dhabi Global Market Web3 Start-ups
After obtaining a formal license to issue utility tokens from the Abu Dhabi Global Market (ADGM), Venom became the first blockchain to fall under the jurisdiction of a regulatory body....
MATIC Price Is Up More Than 10% After Hardfork Announcement
Polygon took to Twitter on January 12 to share some exciting bits about the network’s upcoming hardfork. One of the main issues that will be tackled by the hardfork is...
Solana’s Price Is Now up More Than 77% Over the Last Week
The price of Solana (SOL) has printed the biggest gain in the top 10 crypto list over the last 24 hours. According to CoinMarketCap, the price of SOL has risen...
Bulls Reassert Hold on LUNC Market, Raising the Price to 0.0001638
Bulls in Terra Classic (LUNC) have been resilient throughout the market decline, despite strong opposition at an intra-day high of $0.0001695. As of press time, the bulls have managed to...
Market for Polkadot (DOT) Rebounds After Hitting $4.56 Support
After bears pushed Polkadot (DOT) to a low of $4.56 throughout the trading day, bulls regained control of the market. As the price of Polkadot has dropped significantly, bulls may...
Grayscale, DCG: Looming Bankruptcy Full of Downside Possibilities
While DCG is one of the main reasons the crypto market emerged and reached $2 trillion in valuation in 2021, it could also become the reason for the rapid descent...
Can Bulls Support ALGO to Make the First 200-day MA Breakout for 2023?
Algorand (ALGO) opened the market for the week with its price of $0.168. For the first couple of days (December 27 and 28), ALGO traded in the green zone fluctuating...
SBF’s Meetings With White House Aides Raise Concerns
Before the downfall of his cryptocurrency enterprise and his arrest in the Bahamas this year, disgraced cryptocurrency magnate Sam Bankman-Fried met with four officials from the Biden administration. Scrutiny has...
‘Pharma Bro’ Martin Shkreli Weighs in on SBF’s Trial and Prison Life
Controversial entrepreneur Martin Shkreli, also known as ‘Pharma Bro’, appeared on the YouTube channel Unchained podcast hosted by Journalist Laura Shin, to voice his opinion about the trial of FTX...
After a Dip to $16,408.48, BTC’s Bullish Momentum Drives the King Coin to $16,578.96
Following a plunge and sell-off in the early hours of the day, Bitcoin (BTC) bulls repudiated the negative trend by finding support at $16,408.48. This upbeat atmosphere pushed BTC prices...
Crypto YouTuber Crypto Michael Predicts Another Bitcoin Underway
Crypto YouTuber Crypto Michael released a new video predicting another potential Bitcoin crash. He started the video by looking at the leading cryptocurrency’s price section which continues to project a...
1inch Network Price Analysis Start To Lose Value At $0.3811
1inch Network price analysis shows a bearish trend for the cryptocurrency as the bears have been at the winning edge for the last 24 hours. The value of 1INCH/USD has...
Fantom Rallies to $0.2049 as Bulls Continue Progress
Fantom price analysis reveals FTM/USD has recovered fine during today’s trading session. The digital asset has been range-bound within the last 24 hours and is currently trading at $0.2049 as...
XRP Overtakes BUSD by $300M; Becomes 6th Biggest Crypto by Market Cap
In an exciting turn of events, data available on CoinMarketCap shows that XRP has flipped the Binance stablecoin (BUSD) to become the sixth most significant cryptocurrency by market capitalization. The...
TRON Fails to Capitalize on Three Break Outs, Will It On the Fourth?
TRON(TRX) has been rallying in the green zone since the start of the last week. It started rising exponentially earlier during the week. It started the week with an opening...
ADA Price Plummets to New lows of $0.24; What’s In Store for ADA?
The recent market activity of Cardano (ADA) has facilitated speculation of a potential fresh low, as bearish activity has increased substantially. This top 9th cryptocurrency is now trading below the...
After 3.93% Drop, Bears Still in Control in Terra Classic (LUNC)
Terra Classic (LUNC) is ranked #43 with a market capitalization of $799,532,639 and a 24-hour trading volume of $84,230,936. The digital currency has had a 3.93% slump in the last...
Global Search Identifies Top Countries Interested in Proof of Reserves
From worldwide research on the countries interested in Proof of Reserves, carried out by the prominent cryptocurrency data aggregator CoinGecko, Singapore and Nigeria secured the first two positions in the...
Cosmos Omni-Chain DEX Sifchain’s RedStarling Validator Shutting Down
The core developer of Cosmos Omni-Chain Decentralized Exchange, Sifchain, said that the RedStarling validator will be shutting down. As per a message on RedStarling’s website, Sifcore employees have been abruptly...
Basic Attention Token Price Analysis: Whales Sway a Bullish Trend
Today, BAT has been among the top 10 most purchased tokens and also among the 1000 largest ETH whales in the past 24 hours. Whales have influenced BAT’s upswing to...
Cardano Tops the List of the 10 Coins With Daily Github Activity
ProofofGitHub, a GitHub development activity tracker has released the list of the top 10 coins with daily GitHub activity and Cardano in the first position. ProofofGitHub is known to provide...
The Turmoil For Cardano (ADA) MIght Not Be Over Just Yet
Things are not looking positive in the crypto markets today, and one of the cryptocurrencies that struggled over the last 24 hours is Cardano (ADA). According to CoinMarketCap, ADA is...
These Are the Three Reasons the Crypto Markets Are Down This Week
The global crypto market cap is down 5.37% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. There are three main driving factors that have dragged...
