Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
The Left Shoulder
A Beginner’s Guide on Head and Shoulder Patterns in Crypto Trading
We are over a decade now, and cryptocurrencies and blockchain technology are entirely in the limelight. However, one thing that remains a puzzle to many is how to maneuver this attractive nightmare. First, blockchain technology presents itself as one complex technology whose features unlock unprecedented capabilities across almost all sectors. Cryptocurrencies then take their place as a global topic for discussion as digital assets carrying the potential for creating overnight dollar millionaires. There's, however, one major downside, volatility, which is…
4 years ago