Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Market Analysis
  3. Multi Format Thursday - Volume 21
Market Analysis

Multi Format Thursday - Volume 21

Updated: Jul 25, 2024
Published: Dec 16, 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-185801

Bitcoin has overhead resistance at $53,000 and unless that changes then $45,000 would occur next.

Ether

aligncenter size-full wp-image-185798

ETH broke down from a lengthy consolidation as shown in the video above which tells us that $3,200 is on the cards.

If, however, $4,200 gets reclaimed then that would be a different story and bull-mode would be back on.

DOT

aligncenter size-full wp-image-185800

DOT is trading inside of the [$26-$28] liquidity area so it'll be a matter of seeing how this range resolves which obviously depends on where BTC and ETH head towards next.

A break from $28 leads towards $40 while a break of $26 leads towards $19.40.

SNX

aligncenter wp-image-185793 size-full

This range resolves via a break down from $5.50 which sets $4 next up.

RUNE

aligncenter size-full wp-image-185794

Tested $5.75 for support and found demand. The next move will depend on the majors and will dictate whether $5.75 holds and we test $8.85 next of if $5.75 breaks.

SOL

aligncenter size-full wp-image-185792

SOL broke structure and looks like $150 will likely break unless we see a reclaim of $200 soon.

SRM

aligncenter size-full wp-image-185791

We are of the same bias that a bottom would form in the [$2.50-$4.00] range.

MINA

aligncenter size-full wp-image-185795

MINA also broke structure just like ETH and SOL and it has support at $3 but could break that if the majors don't pull through in the coming weeks.

FTT

aligncenter size-full wp-image-185796

Since the $43.25 break, $35 was on the cards and it is approaching.

DYDX

aligncenter size-full wp-image-185799

DYDX is in a bearish market structure and we believe a bottom will occur at the junction between the end of Q1 2022 and the start of Q2 2022.

 

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.