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BTC ended up the day lower, showing an almost 4% loss against the US dollar. Volume keeps decreasing, intra-day range and volatility keep tightening. We are currently in an accumulation phase, hence the whipsaw of the prices. As long as volume remain low, buyers nor sellers won't get the necessary momentum needed to break through the near downtrend or the $11k...

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IOST ended the day with a strong +10% gain against Bitcoin. Momentum is currently showing some signs of weakness as we are heading toward IOST's downtrend. As many altcoins, IOST has been suffering since the beginning of the year. Despite this current rise, the pair remains near its yearly lows at 69 satoshis. The rise has been realized absent volume which...

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Ethereum keep drifting lower, making new lows on a daily basis. Currently sitting at 0.018, there is no sign of any reversal coming soon. Stochastic oscillator is now diving along with Ethereum prices. Bitcoin dominance keeps increasing, now at 68.8% vs 68% yesterday. As the total market capitalization is on the rise, this implies a wealth transfer from ethereum...

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Bitcoin rebounded today after diving yesterday toward the $11k level. Buyers and sellers are still offsetting each others attempts to take the upper hand. Volume has been slightly increasing but we are still far from the required levels in order to provide some trend's momentum. Stochastic is showing a bullish crossover on the short-term but volume being low and...

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MATIC soared against Bitcoin today, realizing a 40% gain. This increase in price was backed by a surge in volume, allowing MATIC to break through its short-term downtrend and 120 satoshis resistance level at the same time. The volume spikes clearly indicates new cash flowing into the pair, buyers stepping in and taking the control on the short-term. After such a...

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Ethereum keeps struggling against the Bitcoin with no sign of any attempt by the buyers that would lead us to expect some relief in the near-term. The pair keeps diving toward new year lows, for now sitting at 0.019 BTC. Sellers are fully in control as they have since the beginning of the year. Ethereum is strongly suffering from Bitcoin's dominance that keeps...

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Bitcoin started the day with a rally and tried to make a breakthrough its downtrend. However, sellers were able to defend the $12k level and brought bitcoin where it opened, This rejection confirms us in our previous forecast as we expect the following days to see Bitcoin's prices to whipsaw in a new accumulation phase. The stochastic indicator is issuing a...

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Quant is showing some strength against BTC (+7% over the day), a rare thing in this red ocean of altcoins. This upward movement is supported by a modest rise in volume. However we wouldn't give too much hope for bulls as we need to remind them that Quant recently broke its uptrend. We are seeing Quant rally after bouncing on a short term support at 70k satoshis...

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Ethereum broke through the 0.02 level, making a new year low at 0.0194. Since the beginning of the year, Ethereum has kept making lower lows and lower highs. Bitcoin dominance keeps growing is now at 67.7% vs 65.5% last week. Bitcoin's pumping phase is not over and sends a clear signal that investors are not yet inclined in transferring some of their funds in...

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Bitcoin broke though the 11k level and went all the way up toward the 12k level. This movement has been issued on a low volume basis. Indeed, the volume hasn't risen significantly in order to support a movement and allowing us to build a strong case for the buyers. It also important to take into account the fact that Bitcoin is now heading toward the downtrend...

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XTZ made the day with a strong 9% gain. Tezos is currently evolving in a bullish channel sustained by increasing volume momentum. However a word of caution as stochastic is in showing some overbought signal caused by the parabolic move over the last few days. We expect buyers to buy the dips and maintain a bullish pressure in the short-term. Raphaël Comte...

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ETH continues its lower drift toward the year lows and support level at 0.02. ETHBTC remains bearish and doesn't show any sign of reversal as BTC dominance keeps climbing. A bounce could be expected around the 0.02 level but buyers would have to reclaim the 0.023 level and hold it in order to bring some relief. Raphaël Comte Investment Analyst at Token Metrics ...

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Consolidation day for BTC following a breakthrough its short term downtrend on a rebound pre-fed decision to cut the rates. BTC retested and bounced off the 9.8k support level, former resistance. As the Fed has opened the path to more rate cuts and quantitative easing, we expect the uptrend to resume soon, BTC targeting the 11k on the short term. Raphaël Comte...

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ETHBTC bounce was short lived as the pair went back on the down road, following its downtrend. We are seeing some oversold signal on stochastic oscillator that let us believe that we could see a rebound in the short term but near resistance keeps capping any attempt to prop this pair up. We expect sellers to short the rebounds along with long covering, targeting...

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GXS showed much strength against BTC, up by almost 11% over the day. Volume soared also, giving momentum to the pair as it bounced off its support, making new highs. After such a rise, we could see some long covering as buyers take their profits, causing some pullback. However, we remain in a strong uptrend and we expect buyers to buy the dips and keep the...

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BTC is currently building some buying pressure, testing the 9.8k resistance level. In order to sustain this upward movement, bulls need to break through this level and hold it in order to target 10k+. Bitcoin is at the mercy of a spike in a decreasing volume environment where traps can oftenly occur. We are still in a no trade zone between 9.5k and 9.8k. We need...

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Lots of whipsaw, BTC being held captive between resistance at 9.7k - 9.8k capping upside. Volume decreasing, not giving momentum to any attempt to break out of the narrowing range. Even if an upside move is backed up by the upward trend, caution: support and resistance are both being tested, therefore weakening over time. Raphaël Comte Investment Analyst at...

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Continuing rebound after hit yearly lows at 0.02 btc level which became strong support showing a possible bottom island formation. Oscillating between downtrend and support while volume decrease. No signs of reversal to the upside. Raphaël Comte Investment Analyst at Token Metrics Disclosure: Token Metrics is a regular publication of information, analysis and...