Applying the logarithmic growth curves to ADAUSD chart, we find the growth potential has been a bit limited, while it has shown tremendous growth post 2020, the overall top intercept hasn't moved much upward. Now if in the coming months, ADA can sustain the upward mometum, the growth ceiling will become higher and Ada should become an attractive investment with...
While there's not much data for Ethereum to back the log growth hypotheses yet(only 1 cycle top till date), I plotted the ETH weekly chart with a slight modification of BTC log curves( Bitcoin Logarithmic Growth Curves by Quantadelic). It might be fun to see how this turns out in the future.
While there's not much data for Ethereum to back the log growth hypotheses yet(only 1 cycle top till date), I plotted the ETH weekly chart with a slight modification of BTC log curves(Bitcoin Logarithmic Growth Curves by Quantadelic). It might be fun to see how this turns out in the future.
Errata: I had previously remarked that SOL's price is following a Parallel channel in log scale, it seems that t's price movement is described better as a rising wedge. After it's stupendous rise this year, SOL is now finding itself victim to the overall downturn in the crypto market. Like most other cryptos, it means without lack of any major price action in...
$ETH has somehow managed to buck the trend of current downtrend in the crypto market. It has also succeeded in crossing a significant resistance against BTC and if this trend holds, we might see a new cycle of ETH outperforming BTC crossing over to 5K. We even see that 4K is a pretty good support for ETH against USD. Now, I agree the market is a bit bearish at...
ADA is having a rough month. Due to recent downturn in the crypto market, things are looking bleak for ADA. It's currently at a major support now, if it breaks we might see a further drop to 1. The time is almost ripe for positive ADA news in form of projects updates (esp. SundaeSwap) , if it doesn't happen ADA will continue to suffer further drop.
A helpful chart to compare total alt market caps including and excluding ETH with BTC and ETH. This can provide a reasonable long term view of how the alt coins perform wrt BTC and ETH at different times.
$RUNE seems to be consolidating and is almost at it's bottom of it's upward parallel channel(on log scale). We can expect one more minor pump/retest before the breakout to it's ATH. Don't sleep on it :)
FLOW dubs itself as a 'fast secure and developer friendly' blockchain. It is primarily built for the purpose of NFT based games and dapps and has found some popularity with NFT marketplaces running on top of it. On coinmarketap it's currently ranked #49 with almost a $4 Billion market cap. Recently it has been on a downtrend after reaching it's ATH, back in May...
BTC remains well above the bull market support band (20W SMA,21W EMA) even with recent price declines. While short term macro-economic factors may cause some difficulty in breaking the ATH resistance of 64K, the trend going towards the end of year is still bullish. The fundamentals of demand and supply have not changed and even with some dollar strengthening a bit...
Trading setup for BTCUSD in long and short term. Also useful for keeping track of dominance and potential long term btc price action.
SOL has been spitting fire since the crypto markets went into a bullish mode. We have seen almost a 7x increase since the May dip and if the chart can be believed, it'll continue to post some major gains in the short term. As SOL is such a new coin, there's isn't much data to decide on the ceiling, but a guess of around1000+$ SOL isn't too wild if the current...
While ADA seems to be in a long consolidation after it previously pumped to it's ATH couple of months back, it is remarkably stable and has continued to hold support. This could be explained by low liquidity of ADA as majority of it is staked. At present, ADA seems to be hovering around the 2$ mark and almost seemed to have no effect due to it's smart contracts...
ETH looks quite bullish in Q4 2021 and Q1 2022 when it traditionally starts to actually run. Assuming the current rising channel on the log scale, we can look forward to a 15000$ + Ethereum in the long term.
Elrond's low supply dynamics and good momentum ensure that the price will rise very quickly once the altcoin bull run is in full force. In this chart, I've tracked Elrond chart on the log scale which allows us to chart the parallel channel which will take EGLD beyond $1000. Till date, EGLD has witnessed a stupendous ROI since inception and if momentum holds, this...
Tracking the charts for both Polkatdot and Kusama for both USD and BTC
Just a chart to track prominent dog meme coins. Drew some trend lines and S/R to highlight major zones.