Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
Algorand Price Analysis: Launch Preparations At $0.091, Will ALGO Price Reach $0.16?
ALGO Prices fail to fuel momentum into the falling wedge breakout rally, resulting in a bearish continuation. Algorand falls under the crucial psychological mark of $0.10, creating the lowest daily closing price of $0.0934. The ALGO price action shares a trend similar to Bitcoin moving as it moves sideways. The lower price rejection in the …
Sohrab Khawas·29 Aug 20231 min
Bitcoin Cash Price Analysis: With 11% Bounce From 200-Day EMA, Will BCH Price Cross $200?
Following the 200% rally in June, Bitcoin Cash lost almost half its value, falling under $200 and a falling wedge pattern. However, breaking under the support trendline, Bitcoin Cash finds a footing at the flat line of 200-day EMA. With a YTD growth of 99.18%, BCH coin price inches closer to triple-digit growth in 2023 …
Sohrab Khawas·28 Aug 20231 min
Ethereum Price Analysis: Is A Bearish Dominant Move Ready To Plunge ETH Price?
The markets hope for a recovery with the Bitcoin ETF deadline this Friday, but Ethereum remains dormant in a range. With 37.25% YTD growth, the recent correction plunges the ETH price to $1639, a 23.68% discount from the 2023 high of $2142. Failing to form an inverted head and shoulder in the 4-H chart, the …
Sohrab Khawas·28 Aug 20231 min
BTC Price Today: Trapped In The Longest Bear Market EVER, Will Bitcoin Bounce From $26K?
Bitcoin maintains silence over the radio with a sideways trend close to $26K following the sharp fall last week. With limited price movements, the BTC price trend reflects a trapped underlying momentum, which could lead to a sharp move on the breakout. Despite the 2023 bull run, Bitcoin has yet to exceed 50% of its …
Sohrab Khawas·28 Aug 20232 min
Bitcoin Price Analysis: BTC Bulls Must Defend Support Level Around $25K To Reclaim $28k Soon
Bitcoin (BTC) price continued to precariously hang around $26k on Friday ahead of today’s Fed Chair Jerome Powell’s speech at the Economic Policy Symposium, which is held in Jackson Hole, Wyoming. The event that will be attended by high profile figures including ECB president Christine Lagarde is expected to shed light on the measures taken …
Sohrab Khawas·25 Aug 20231 min
PEPE Price Analysis: With PEPE Coin Price Crashing This Week, Is A Reversal On The Charts?
Despite 78% of holders in the red, PEPE becomes a highly affected meme coin in the bear market. With the recent correction, the PEPE prices undermine the bullish dominance at the demand block of $0.000001050 with a head and shoulder breakout. With the reversal from 50 EMA in the 4H chart, the PEPE prices nosedive …
Sohrab Khawas·25 Aug 20231 min
Ethereum Primed for Holesky Launch Though Prices May Dip First
The Ethereum price chart shows an interesting historical summer pattern that crypto expert Benjamin Cowen has identified as repeating since 2018. The trend sees ETH rise in an ascending channel marked by short bursts of decline. Cowen noted that this pattern emerged again in the summer of 2022 and appears to be materializing this summer …
Sohrab Khawas·25 Aug 20231 min
DOT Price Analysis: Back At The Base, Will DOT Price Reverse To Reach Breakout Velocity?
With the declining , DOT price falls drastically to form a descending triangle pattern in the 1-day chart. The minimal YTD growth in Polkadot is a result of this triangle pattern. The solid use case and development activities, with USD Coin from Circle soon to be available on Polkadot project a bullish future. Following the …
Sohrab Khawas·24 Aug 20231 min
Ripple and XRP Face Uncertain Future: An Insight into BIS Project Mariana
Despite early promises, the latest developments around the Bank for International Settlements (BIS) Project Mariana have cast a shadow of uncertainty on XRP’s future. JC Collins, an expert in Geopolitics, Macroeconomics, and Crypto Philosophy, recently weighed in on these developments. The post I made yesterday about XRP and Ripple not being a part of the …
Sohrab Khawas·24 Aug 20232 min