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 $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Technical Analysis
What is Technical Analysis in Crypto?
Technical analysis is a method of evaluating cryptocurrencies by analyzing statistics generated by market activity, such as past prices and volume. Technical analysts do not attempt to measure a cryptocurrency's intrinsic value but instead, use charts and other tools to identify patterns and trends that can suggest trade ideas. Technical analysis can identify patterns and trends in a particular cryptocurrency's price and trading volume. These patterns and trends can then be used to predict where the cryptocurrency's price might be…
Block Education
@BlockEducation
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