CND | CryptoNetDaily
The crypto market has received a breath of fresh air over the past week as Bitcoin begins to finish its 9 day rally back to the $40,000 range. But there is one crypto that has been seeing new highs each week while most of the market continues to lull. Quant Network, the world’s first provider […]
Despite heavy sell pressure and declining prices in the crypto market on Tuesday, Quant is seeing healthy dip buying and daily volume on KuCoin that exceeds the entire average volume seen over the last 20 days. Bitcoin declined 6% on Tuesday, bringing most altcoins down with it, including Quant, which fell from $69 to $55 […]
As monthly consolidation continues to loom in the crypto market, retail investors are growing less confident every day as their portfolios contiune to lose value. There appears to be no safe haven, as the US stock market took a dive on Monday, it brought the crypto market down even further. Short term traders on the […]
The crypto market has been in the process of monthly consolidation for nearly a quarter, with many investors beginning to wonder if their portfolio values will return to March levels by the end of the year. We’ve seen some increased volatility over the past month, which to me is signaling accumulation. While we wait for […]
Quant has some of the best tech and is one of the most scarce coins on the market right now. It has been quietly mooning while the market dumps. It corrected nearly 20% since yesterday’s close and could see another leg down in the short term. Those looking to accumulate might be interested in the […]
This is a brief continuation of our Coinbase (COIN) price analysis from 4/22/21. In the previous post, we were watching a newly developed falling wedge with an apex at around the $280-$290 range. The stock market took a hit Thursday after President Biden hinted toward raising the capital gains tax on those making $1M or […]
This is a brief continuation of our Coinbase (COIN) price analysis from 4/19/21. In the previous post, we were watching the symmetrical triangle on the 30 minute chart which was predicted to break to the downside with a target of $300 based on fib tools. The triangle did break yesterday and the price target of […]
We don’t usually cover traditional stocks at CND but Coinbase (COIN) is a special-case since the exchange currently does not offer a token like most others. The current market capitalization at the time of writing is roughly $64.29B according to MarketWatch, placing it between XRP and BNB if it were listed on CoinMarketCap right now. […]
Ethereum Logarithmic Weekly Regression shows targets of $2271, $3124, and $4375. Based on prior support, $3124 seems likely. What about Bitcoin you ask? Well, the Weekly Regression indicator doesn’t quite work but fitting it to a 4D chart reveals a potential price target of $61,734. The chart below shows how the bands look when applied […]
With Coronavirus all over the news and the Fed printing money at unprecedented levels, its not surprising to see a re-surging interest in Gold over the past couple of months. Is it possible that Gold now has the momentum it needs to push new highs? If so, what are some potential price targets? For the […]