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Weekly Crypto Market Report – Week 26

Weekly Crypto Market Report

US stock market index Dow Jones has approached the resistance . The dip is being bought, now it
needs to sustain at this level to continue the uptrend.

GOLD


Gold is trading below the 21 EMA(Exponential moving average) on weekly charts. Weekly close
above the 21 EMA should be a positive sign for GOLD

BITCOIN


Bitcoin seems to be forming a rounding bottom on daily charts and close above $37K should be a
sign of trend reversal to uptrend.

ETHEREUM


Ethereum is following Bitcoin, daily close above $2300 should be a sign of trend reversal to
uptrend. Ethereum is looking strong as compared to Bitcoin, which indicates continuation of Alt
cycle in coming months.

In conclusion…


The Stock market is being held back by bulls, Gold should take some time to resume the uptrend
and Bitcoin looks ready for the uptrend. We should see Bulls coming back to crypto markets in
coming month if the stock markets sustains the current levels

This can be one of the best risk-reward to deploy fresh capital OR to add on to existing positions in
crypto markets.

As mentioned in our last report, the DEFI protocols outperformed the markets and delivered 40%
plus compared to Bitcoin gaining 2%

DEFI and NFT space look strong in terms of user’s growth and may surprise us as the tide turns.

XMINT token by MintingM looks very attractive, It retested the support levels around $300 and is
trading at $350

STF token – XMINT listed on Wazirx has consistently outperformed other financial assets and
delivered extraordinary returns for its investors.

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

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Weekly Crypto Market Report – Week 25

WEEKLY CRYPTO MARKET REPORT

US stock market index Dow Jones had broken down the Long-term trendline last week. The dip is
being bought, now it needs to sustain at this level to continue the uptrend.

GOLD

Gold is unable to sustain above the trend line, it needs to mark higher low to confirm the trend
reversal to uptrend.

BITCOIN

Bitcoin looks bottomed out, it is respecting the trendline support and weekly price close above the
trendline should be a positive indicator.

ETHEREUM

Ethereum is following Bitcoin and trades above the multi-week trendline support. If Bitcoins
sustains this level then we will see ETHER and crypto markets reviving from here.

In conclusion…

The Stock market is being held back by bulls, Gold should take some time to resume the uptrend
and Bitcoin looks bottomed out. We should see Bulls coming back to crypto markets in coming
month if the stock markets sustains the current levels

This can be one of the best risk-reward to deploy fresh capital OR to add on to existing positions in
crypto markets

DEFI protocol tokens like AAVE, MAKER, COMPOUND and also LINK should bounce back first as
the market recovers

XMINT token by MintingM looks very attractive, It is retesting the support levels at $300

STF token – XMINT listed on Wazirx has consistently outperformed other financial assets and
delivered extraordinary returns for its investors.


Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

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Weekly Crypto Market Report – Week 24

Weekly Crypto Market Report

US stock market index Dow Jones has broken down the Long-term trendline. The major support level is currently at 30,000. We could see two potential moves playing out. Either Dow Jones falls by another 5%, takes support at 30,000 and bounces back to the upside OR it fails to take support at 30,000 and drops by another 20%. (The likelihood of this happening is low)

GOLD

Gold is unable to sustain above the trend line and could further see sell pressure.

BITCOIN

Bitcoin would see weakness due to the dollar gaining strength and the potential drop in the Dow Jones. The main support level is at $30,000 for BTC, if broken could drop to $25,000

ETHEREUM

Ethereum weekly RSI is below 70 and it seems to be losing buying momentum.

In conclusion…


The Stock market, Gold, and crypto markets look weak and we may see further selling pressure and consolidation for a couple of weeks.

This can be one of the best risk-reward to deploy fresh capital OR to add on to existing positions


XMINT token by MintingM looks very attractive, It took support at $300 and bounced back to $600 and now trading around $380 levels

STF token – XMINT listed on Wazirx has consistently outperformed other financial assets and delivered extraordinary returns for its investors.


Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

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Weekly Crypto Market Report – Week 23

Weekly Crypto Market Report

US stock market index Dow Jones broke out of the megaphone pattern and is respecting the
support line since Nov2020, weekly close below the trendline can lead to 9-10% correction.
Markets should remain healthy as far as the markets retest the support of the megaphone pattern
and bounce back

GOLD

Gold consolidated for almost 10 months and broke out, it should stay healthy as long as the price
trades above the trendline

BITCOIN

As per the Dow theory, Bitcoin price is making higher highs and higher lows that keeps the uptrend or the Bull market intact. Weekly close below the previous HL of $28,989 may change the trend and we may enter 6-12 months of consolidation phase.

ETHEREUM

Ether follows the same trend as Bitcoin and weekly close below the previous higher low-HL of
$1728 should put Ether into consolidation phase.

In conclusion…

The Dow Jones Index is trading in the healthy zone, Gold looks bullish and uptrend shall be seen
in the coming weeks.
Crypto Markets look attractive in terms of risk-reward, we shall see markets consolidating in the
coming week. Some of the Alt coins shall gain if Bitcoin is trading between $30-40k

TRENDING TOKENS

The below token looks strong and may outperform the markets in the coming week.


LTC/BTC, Mcap – $10.9 Billion
LTC broke a long term downtrend and looks strong against Bitcoin. This could be a potential trend
reversal and we may see LTC outperforming Bitcoin in coming weeks/months.

XMINT token by MintingM looks very attractive, It took support at $300 and bounced back to $600
and now trading around $425 levels

STF token – XMINT listed on Wazirx has consistently outperformed other financial assets and
delivered extraordinary returns for its investors.


Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today

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Weekly Crypto Market Report – Week 22

Weekly Crypto Market Report


US stock market index Dow Jones is respecting this support line since Nov2020, Break below this
trendline shall escalate selling pressure. Markets should remain healthy as far as this trendline is
respected and price trades above the support levels

GOLD


Gold consolidated for almost 10 months and broke out, it restested the support and bounced back. Gold is ready to resume the uptrend.

BITCOIN


Bitcoin is consolidating in the triangle pattern and shall continue for a couple of days. However a
breakdown from this triangle pattern shall trigger the sell pressure.

ETHEREUM


Ether has a strong demand zone between $2 – 2.2k. Ether looks healthy as long as these levels
are not breached.

In conclusion…


The Dow Jones Index is trading in the healthy zone, Gold looks bullish and uptrend shall be seen
in the coming weeks.
Crypto Markets look attractive in terms of risk-reward, we shall see markets consolidating in the
coming week. Some of the Alt coins shall gain if Bitcoin is trading between $30-40k

TRENDING TOKENS

Below tokens look strong and may outperform the markets in the coming week.

  1. TRX/BTC
  2. EOS/BTC

TRX, Mcap – $5.5 Billion
TRX broke a long term downtrend and looks strong against Bitcoin. This could be a potential trend
reversal and we may see TRX outperforming Bitcoin in coming weeks/months.

EOS, Mcap – $5.6 Billion
EOS broke the resistance against BTC and retested the support last week, It has potential to
outperform Bitcoin in coming week

XMINT token by MintingM looks very attractive, It took support at $300 and bounced back to $600
and now trading around $480 levels

STF token – XMINT listed on Wazirx has consistently outperformed other financial assets and
delivered extraordinary returns for its investors.

Get deeper insights into the crypto market’s weekly trends discussed on our Spotify podcast.

Start your Crypto Investments with XMINT Bots today