Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Market Analysis
  3. Multi Format Thursday - Volume 20
Market Analysis

Multi Format Thursday - Volume 20

Updated: Jul 25, 2024
Published: Dec 9, 2021
0
Share:

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

Post Feature Image

Disclaimer: Not financial nor investment advice. Any capital-related decisions you make are your entire responsibility and yours only.

Bitcoin

aligncenter size-full wp-image-183973

BTC has fallen and broke the $53,000 level of support which was based on the previous high made. From here, $45,000 is support which could be tested again and $53,000 is the level to reclaim for further upside.

Ether

aligncenter size-full wp-image-183974

Very surprising that ETH has barely flinched during this downfall in BTC. From a pure key levels perspective we're maintaining a $10,000 target as long as:

  • $4,200 holds on the daily
  • $3,930 holds on the weekly

DOT

aligncenter size-full wp-image-183975

DOT has held support at $28 but now it is a matter of seeing whether $40 can be reclaimed.

SNX

aligncenter size-full wp-image-183976

Ranging between [$5.50-$7.50].

RUNE

aligncenter size-full wp-image-183978

$7.50, the intermediate level, has been reclaimed with a bullish daily engulfing candle. If RUNE is able to reclaim $8.85 then problem solved, otherwise $5.75 is on the cards.

SOL

aligncenter size-full wp-image-183979

SOL has been setting lows lows in recent weeks and is trading under $200 on the daily. If $175 is lost on the weekly that'd be the last straw as that is what's maintaining a bullish market structure.

SRM

aligncenter size-full wp-image-183980

Found support at $3.79, now it's a question of where the breakout happens from in the [$3.79-$4.50] range.

MINA

aligncenter size-full wp-image-183982

MINA broke $4 and is retesting it as resistance so far which means $3 is likely next.

FTT

aligncenter size-full wp-image-183983

$43.25 is holding on the daily but if it breaks then $35 becomes likely.

DYDX

aligncenter size-full wp-image-183984

Downside price discovery.

Disclaimer: Not financial nor investment advice. Any capital-related decisions you make are your entire responsibility and yours only.

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 Pulse: Inflation Undershoots Forecast, Rate Cut Odds Rise
PRO
Market Pulse
Market Pulse: Inflation Undershoots...Inflation prints delivered a slight downside surprise, opening the door for Fed cuts sooner than exp...
3 min read
Feb 13, 2026
Market Pulse: Jobs Data Surges, Rate Cut Odds Recede
PRO
Market Pulse
Market Pulse: Jobs Data Surges, Rat...Nonfarm payrolls smashed expectations, sending traders scrambling to reprice rate cut timelines. Wit...
3 min read
Feb 11, 2026
BTC, ETH and More: Relief Rally Stalls, Downside Risks Emerge
PRO
Market Direction
BTC, ETH and More: Relief Rally Sta...Last week’s relief rally played out with precision across majors, but the follow-through never came....
10 min read
Feb 10, 2026
BTC, ETH and More: Downside Risks Grow Across Majors
PRO
Market Direction
BTC, ETH and More: Downside Risks G...Relief rallies are becoming weaker. Each push into resistance is seeing less expansion, shorter foll...
12 min read
Feb 17, 2026
Market Update: What We're Watching This Week?
PRO
Market Updates
Market Update: What We're Watching ...This is where patience pays. Macro conditions are slowly aligning, but price action is still trapped...
7 min read
Feb 16, 2026
BTC, ETH and More: Relief Bounce in Play
PRO
Market Direction
BTC, ETH and More: Relief Bounce in...Downside targets across majors have been fulfilled, and price is attempting to hold key support zone...
10 min read
Feb 13, 2026
Market Pulse: Inflation Undershoots Forecast, Rate Cut Odds Rise
PRO
Market Pulse
Market Pulse: Inflation Undershoots...Inflation prints delivered a slight downside surprise, opening the door for Fed cuts sooner than exp...
3 min read
Feb 13, 2026
Market Pulse: Jobs Data Surges, Rate Cut Odds Recede
PRO
Market Pulse
Market Pulse: Jobs Data Surges, Rat...Nonfarm payrolls smashed expectations, sending traders scrambling to reprice rate cut timelines. Wit...
3 min read
Feb 11, 2026
BTC, ETH and More: Relief Rally Stalls, Downside Risks Emerge
PRO
Market Direction
BTC, ETH and More: Relief Rally Sta...Last week’s relief rally played out with precision across majors, but the follow-through never came....
10 min read
Feb 10, 2026
BTC, ETH and More: Downside Risks Grow Across Majors
PRO
Market Direction
BTC, ETH and More: Downside Risks G...Relief rallies are becoming weaker. Each push into resistance is seeing less expansion, shorter foll...
12 min read
Feb 17, 2026
Market Update: What We're Watching This Week?
PRO
Market Updates
Market Update: What We're Watching ...This is where patience pays. Macro conditions are slowly aligning, but price action is still trapped...
7 min read
Feb 16, 2026
BTC, ETH and More: Relief Bounce in Play
PRO
Market Direction
BTC, ETH and More: Relief Bounce in...Downside targets across majors have been fulfilled, and price is attempting to hold key support zone...
10 min read
Feb 13, 2026
Market Pulse: Inflation Undershoots Forecast, Rate Cut Odds Rise
PRO
Market Pulse
Market Pulse: Inflation Undershoots...Inflation prints delivered a slight downside surprise, opening the door for Fed cuts sooner than exp...
3 min read
Feb 13, 2026
Market Pulse: Jobs Data Surges, Rate Cut Odds Recede
PRO
Market Pulse
Market Pulse: Jobs Data Surges, Rat...Nonfarm payrolls smashed expectations, sending traders scrambling to reprice rate cut timelines. Wit...
3 min read
Feb 11, 2026
BTC, ETH and More: Relief Rally Stalls, Downside Risks Emerge
PRO
Market Direction
BTC, ETH and More: Relief Rally Sta...Last week’s relief rally played out with precision across majors, but the follow-through never came....
10 min read
Feb 10, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop Reports
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.