Author: Dren.H

DOT Technical Analysis – September 2021 Monthly Analysis Over the last 30 days, DOT has increased by around 90%, reaching a price of $38. This resistance structure might be retested in the coming days if DOT maintains its bullish nature.  Weekly Analysis  Over the last 7 days, DOT has increased by around 70%. Since it encountered resistance at $38, DOT might retrace before continuing its price journey upwards. Daily Analysis Over the last few hours of the intraday chart, DOT has decreased by 17%. This showcases how volatile DOT has been, and it might continue to go further down in…

EGLD Technical Analysis – September 2021 Monthly Analysis EGLD has been one of the most profitable investments in the last few weeks. Its price has increased by 360% since July 20th of this year. EGLD has been extremely bullish, and signs suggest that it may still keep going in this manner. Weekly Analysis  In just the last 7 days, EGLD has increased by about 120%. This increase was marked with an all-time high at $297. Because of that, it is expected that the price might retrace before continuing its bullish run in the coming days. Daily Analysis In terms of…

DGB Technical Analysis – September 2021 Monthly Analysis Over the last 30 days, DGB has increased by 50%, reaching as high as $0.078. After that, the price declined to $0.055, where it also found support. This support level can be crucial in the upcoming days for DGB. Weekly Analysis  On a weekly basis, DGB increased by more than 20%, but then it was followed by a decrease of 30%. Based on this, the short-term trend for DGB is bearish.  Daily Analysis In the intraday chart, we can notice that the recent price correction has formed an ascending triangle pattern. Such…

SC Technical Analysis – September 2021 Monthly Analysis Over the last 30 days, SC increased by more than 75%. This increase was marked with a price of $0.027. Nonetheless, the price dipped after that to $0.0168. After this decline, SC has been attempting to increase again. If SC is now in a downtrend, this increase might just be a correction, but SC could as well attempt a rebound and retest resistance at $0.027 this month, other things equal. Weekly Analysis  Over the last 7 days, SC increased by 35%, but then it declined by 38%. In the last couple of…

There have been many price predictions on Bitcoin, and many have suggested that the $100,000 milestone might be reached by the end of this year. While the recent dip on Tuesday created panic in the cryptocurrency market, some experts suggest that this decrease might be a “false dip.” The cryptocurrency research unit of Standard Chartered, one of the biggest financial services companies in the world, predicts that BTC might hit $100,000 by the end of this year or at the beginning of 2022.  Furthermore, they suggest that this growth of BTC could see ETH soar in price as well. They…

LTC Technical Analysis – September 2021 Monthly Analysis LTC reached a high of $232 over the last 30 days, after increasing by about 70%. After that, LTC started declining and went as low as $161 recently. This decrease alarmed investors that the bullish run might be over and that LTC might be in a downtrend. LTC has slightly increased to $189, but support levels are going to be key for determining whether this downtrend can continue. Weekly Analysis  Over the last 7 days, LTC increased by about 40%, but then it was followed by a price decline of 30%. The…

HNT Technical Analysis – September 2021 Monthly Analysis In the last 30 days, HNT has increased by more than 30%, reaching a price of $26.7 on August 23rd. After that, the price was in consolidation and has recently declined to $17.30. Based on this recent decline, the short-term trend for HNT is downward. Weekly Analysis In just the last 7 days, HNT has decreased by more than 30%. This decrease in the price of HNT tells how the sellers have taken over Helium. Moreover, support at $16 is going to be crucial to determine whether this downtrend may continue or…

XRP Technical Analysis – September 2021 Monthly Analysis Over the last month, XRP increased by more than 100%. Reaching a price of $1.42, XRP started declining after that, and it broke the support level at $1.05. This might indicate that XRP might have reversed and now is looking to go further down based on the recent price pattern. Weekly Analysis XRP increased by 23% in the last 7 days, but then it decreased by more than 30%. This decrease, marked by a big red candlestick in a daily chart, shows that sellers have taken over and that XRP might be…

LINK Technical Analysis – September 2021 Monthly Analysis Over the last month, LINK has increased by more than 60%, reaching a price of $36. While still a long way to go from the all-time high, LINK is in an uptrend, and its ascending channel suggests that it may keep increasing in the following weeks. Weekly Analysis Over the week, LINK has increased by more than 35%. This increase was stopped at $36, and this level might be the key resistance in the following days. LINK is now decreasing, but it may soon find support at $31. Daily Analysis The intraday…

BCH Technical Analysis – September 2021 Monthly Analysis Over the last 30 days, BCH has increased by almost 50%, reaching a price as high as $802. After reaching this height, BCH is now facing a pullback, but its uptrend may continue in the coming weeks of this month, other things equal. Weekly Analysis In the last 7 days, BCH has increased by almost 30%. This has brought plenty of profits for investors who bought BCH at support. The last BCH breakout was a result of a cup and handle pattern forming, but now the price might dip for a little…