Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Market Analysis
  3. Multi Format Thursday - Volume 12
Market Analysis

Multi Format Thursday - Volume 12

Updated: Aug 23, 2024
Published: Oct 14, 2021
0
Share:

Welcome to Multi-Format Thursdays where we analyse the cryptocurrency market in both text & video formats.

Post Feature Image

Bitcoin

aligncenter size-full wp-image-159556

Perfect rise all the way from the [$39,500-$40,650] liquidity area to the [$57,000-$57,500] liquidity area - absolute perfection.

From here, BTC's move will be highly dependent on the ETF because price has been rising in speculation of an approval. A breakout from $57,500 would be the last big resistance before price discovery.

Ether

aligncenter size-full wp-image-159561

We've been relentlessly stating that as long as $3,200 is support for ETH then the next target would be $4,200 and that's exactly what we are seeing come to fruition.

DOT

aligncenter size-full wp-image-159558

DOT rallied on the parachain news and has now turned $40 from resistance into support, next up is the previous high at $50.

SNX

aligncenter size-full wp-image-159567

As stated in the video, no interest until either $7.50 is tested or $14.10 is reclaimed on the weekly.

RUNE

aligncenter size-full wp-image-159566

RUNE is the same story as SNX, interest will only arise on a test of $5.75 or reclaim of $11.50.

SOL

aligncenter size-full wp-image-159568

Too much playing around $150, bulls must show strength soon if they want another leg on the SOL rally.

SRM

aligncenter size-full wp-image-159564

Weak price action with $6.40 probable as a next step.

MINA

aligncenter size-full wp-image-159565

$4.90 is resistance and that sets the next target at $3.

FTT

aligncenter size-full wp-image-159562

Still in the same [$50-$60] range awaiting a breakout.

DYDX

aligncenter size-full wp-image-159560

Holding support at nicely at $21.50 - maintaining the bullish market structure, target is $28 next.

 

 

Disclaimer: Not financial nor investment advice. Any capital-related decisions you make are your full responsibility.

Get started for free

Create your free account or log in to read the full article.

​

Germany

By signing up, you agree to our Terms & Conditions
Recommended from Cryptonary
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupOver the weekend, geopolitics replaced macroeconomics as the market’s primary catalyst. A major esca...
11 min read
Mar 2, 2026
BTC, ETH and More: Relief Rally Fizzles, Downside Bias Persists
PRO
Market Direction
BTC, ETH and More: Relief Rally Fiz...Relief rallies often feel convincing in the moment, but structure determines direction. Despite stro...
12 min read
Feb 27, 2026
Market Update: Nvidia Selloff Signals Market Pullback
PRO
Market Updates
Market Update: Nvidia Selloff Signa...After months of volatility, markets are moving into a different kind of challenge. The immediate pri...
8 min read
Feb 27, 2026
Market Update: Bitcoin Soars Amid Spot Demand
PRO
Market Updates
Market Update: Bitcoin Soars Amid S...Markets are currently being pulled between two powerful forces: escalating geopolitical conflict in ...
9 min read
Mar 5, 2026
Market Pulse: Circle Soars on Earnings Beat
Market Pulse
Market Pulse: Circle Soars on Earni...Circle stock skyrocketed after crushing earnings and as the CLARITY Act odds rise. But with overboug...
2 min read
Mar 5, 2026
BTC, ETH and More: Neutral Stance as Upside Liquidity in Play
PRO
Market Direction
BTC, ETH and More: Neutral Stance a...Price action last week challenged our downside thesis in an important way. While supports were brief...
10 min read
Mar 3, 2026
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupOver the weekend, geopolitics replaced macroeconomics as the market’s primary catalyst. A major esca...
11 min read
Mar 2, 2026
BTC, ETH and More: Relief Rally Fizzles, Downside Bias Persists
PRO
Market Direction
BTC, ETH and More: Relief Rally Fiz...Relief rallies often feel convincing in the moment, but structure determines direction. Despite stro...
12 min read
Feb 27, 2026
Market Update: Nvidia Selloff Signals Market Pullback
PRO
Market Updates
Market Update: Nvidia Selloff Signa...After months of volatility, markets are moving into a different kind of challenge. The immediate pri...
8 min read
Feb 27, 2026
Market Update: Bitcoin Soars Amid Spot Demand
PRO
Market Updates
Market Update: Bitcoin Soars Amid S...Markets are currently being pulled between two powerful forces: escalating geopolitical conflict in ...
9 min read
Mar 5, 2026
Market Pulse: Circle Soars on Earnings Beat
Market Pulse
Market Pulse: Circle Soars on Earni...Circle stock skyrocketed after crushing earnings and as the CLARITY Act odds rise. But with overboug...
2 min read
Mar 5, 2026
BTC, ETH and More: Neutral Stance as Upside Liquidity in Play
PRO
Market Direction
BTC, ETH and More: Neutral Stance a...Price action last week challenged our downside thesis in an important way. While supports were brief...
10 min read
Mar 3, 2026
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupOver the weekend, geopolitics replaced macroeconomics as the market’s primary catalyst. A major esca...
11 min read
Mar 2, 2026
BTC, ETH and More: Relief Rally Fizzles, Downside Bias Persists
PRO
Market Direction
BTC, ETH and More: Relief Rally Fiz...Relief rallies often feel convincing in the moment, but structure determines direction. Despite stro...
12 min read
Feb 27, 2026
Market Update: Nvidia Selloff Signals Market Pullback
PRO
Market Updates
Market Update: Nvidia Selloff Signa...After months of volatility, markets are moving into a different kind of challenge. The immediate pri...
8 min read
Feb 27, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.