Trend Analysis – Coinrule

How a USD Crisis Could Accelerate the Rise of Crypto

By Hendi Wishnu | October 7, 2024October 8, 2024 by Hendi Wishnu

The crypto market has grown significantly over the past decade, with Bitcoin and other digital currencies evolving from niche assets to mainstream financial instruments. As the global financial landscape continues to shift, many observers are asking: Could a USD crisis trigger a crypto boom? While this scenario remains speculative, it’s worth exploring how a weakening dollar might accelerate the adoption and value of cryptocurrencies. Understanding the US Dollar’s Role The US dollar is the world’s…

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Bollinger Bands are Live on Coinrule!

By Oleg Giberstein | October 28, 2022October 28, 2022 by Oleg Giberstein

Continuing with our new technical indicator offerings, Bollinger Bands are now live on Coinrule! What are Bollinger Bands? Bollinger Bands are among the most famous and widely used technical analysis indicators. They were created by John Bollinger in the early 1980’s. A Bollinger Band is a technical analysis tool defined by a set of trendlines traditionally plotted two standard deviations (positively and negatively) away from a simple moving average (SMA) of an asset’s price. The…

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Phew! No 10 In a Row

By Oleg Giberstein | June 8, 2022 by Oleg Giberstein

A sigh of relief could be heard resonating through the blockchain as the market’s down only streak of 9 consecutive weeks ended as the weekly candle closed green on Sunday night. This begs the question: have we found our bottom or is this a relief rally before another leg down? Bitcoin dominance has surged to 47% from the January lows of 40% – showcasing the flight to safety in the market over the past several…

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Trick or Treat

By Oleg Giberstein | October 29, 2021November 11, 2021 by Oleg Giberstein

If you look closely at the latest “spooky” Bitcoin’s dip, you will find many bullish elements as well. As anticipated, the market was looking for a retest of the first support area

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Mind The Gap

By Oleg Giberstein | October 23, 2021November 11, 2021 by Oleg Giberstein

Gaps are not common in the crypto market. But, as Bitcoin gain mainstream adoption, these elements can play a relevant role in how its price moves.

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Bad News, Good News

By Oleg Giberstein | October 1, 2021November 11, 2021 by Oleg Giberstein

China bans (once again) crypto activities, and only news outlets seem to care about it. The Crypto market reacted differently.

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The Great Flip

By Oleg Giberstein | September 3, 2021November 10, 2021 by Oleg Giberstein

Investors believe Solana, Cardano, etc will outpace the “old” Ethereum in the race of scalability of DeFi, bringing crypto to mainstream adoption.

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Back on Track

By Oleg Giberstein | August 27, 2021November 10, 2021 by Oleg Giberstein

The mood of the crypto market shifted from “a new bear market started” to “long live the bull market” in a matter of weeks.

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The Great Comeback

By Oleg Giberstein | July 24, 2021November 10, 2021 by Oleg Giberstein

An interesting chart to look at is ETH vs BTC. We see the last four years of the ETH vs BTC chart. We see that during crypto booms, ETH outperforms BTC .

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Make No Mistake

By Oleg Giberstein | July 16, 2021November 10, 2021 by Oleg Giberstein

Technical analysis is a handy tool for traders, but it is not an exact science. Chart patterns may appear different to each analyst based on their biases.