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Weekly Crypto Market Report – Week 21

Weekly Crypto Market Report

US stock market index Dow Jones trades in the upper zone of the channel pattern and we have
seen a selling pressure whenever the price tried to touch the upper line of the channel.

GOLD

Gold has successfully broken out of the flag pattern and shall continue the uptrend. We may see
gold surpassing its previous ATH(All Time High) in the month of June 2021.

BITCOIN

As per our previous 2 week’s reports, correction was due in Bitcoin and overall crypto markets. As
per the below channel pattern, Bitcoin is trading on the support levels and may see a bounce back from here.

ETHEREUM

Ether had a supply zone between 4k-4.5k, It saw a selling pressure right in the supply zone and
corrected around 59% in the last 2 weeks. Ether bounced back right from the support of the
channel pattern.

In conclusion…

The Dow Jones Index appear in supply zone and may see selling pressure in coming week, on the
other hand Gold has broken out and crypto markets are back to the buy zone, If the stock markets
crash, we may see further selling pressure in crypto markets else we may see recovery and Bulls
shall dominate in June 2021


TRENDING TOKENS

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

ENJ, Mcap – $1.3 Billion
ENJ Formed a bullish engulfing candle which shows that Bulls have come back ferociously after
the previous week correction

ADA, Mcap – $52 Billion
ADA 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 $450 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 20

Weekly Crypto Market Report

US stock market index Dow Jones trades in the upper zone of the channel pattern and we have
seen a selling pressure whenever the price tried to touch the upper line of the channel

GOLD

Gold has formed a classic cup and handle pattern on a multi week time frame. It has broken out of
the handle and that is a bullish move, once the price action breaks the previous all time high(ATH)
of 2089 gold will hit the price discovery mode.

BITCOIN

As per our previous 2 week’s report, we were anticipating correction in Bitcoin and overall crypto
markets. We saw 50% correction in last 2 weeks and Bitcoin has hit the BUY zone and we can see
price bouncing back from the lower line of channel pattern

ETHEREUM

Ether had a supply zone between 4k-4.5k, It saw a selling pressure right in the supply zone and
corrected around 59% in the last 2 weeks. Ether bounced back right from the support of the
channel.

In conclusion…

The Dow Jones Index appear in supply zone and shall see selling pressure in coming week, on the
other hand Gold has broken out and crypto markets are back to the buy zone, If the stock markets
crash, we may see further selling pressure in crypto markets else we shall see recovery and Bulls
coming back to crypto markets

TRENDING TOKENS

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

WRX, Mcap – $473 Million
WRX bounced back from the support against BTC and trades above 50 EMA on weekly timeframe

BAT, Mcap – $1.1 Billion
BAT has broken out of triangle pattern against BTC, 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 $461

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 19

Weekly Crypto Market Report

US stock market index Dow Jones trades far above weekly 50 EMA (Exponential Moving Average)
from the last few weeks. We may see a rally slowing down in US and global stock markets and a
10% correction is on cards to test the strength of bulls.

GOLD

Gold has formed a classic cup and handle pattern on a multi week time frame. It is trading above
50 & 20 EMA which is bullish, once the price action breaks the handle gold will hit the price
discovery mode.

BITCOIN

As per our previous week’s report, Bitcoin is consolidating above 20 EMA on a weekly time frame.
Markets stay healthy till Bitcoin holds these levels

ETHEREUM

Ethereum saw selling pressure between 4-4.5k levels as predicted in last week’s report. Ethereum
shall consolidate for 4-8 weeks and this could be local top for Ether.

In conclusion…

The Stock markets and Crypto markets look overbought and we may see correction in the last
week of May or mid June 2021. Defi and small cap tokens below $5B market capitalization may
continue to outperform Bitcoin and Ether in the coming weeks.

TRENDING TOKENS

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

SXP, Mcap – $372 Million
Swipe is trading strong against BTC above 50 EMA on weekly timeframe

COTI, Mcap – $311 Million
COTI has broken out of triangle pattern against BTC, It retested and confirmed the upper trend line of triangle pattern

XMINT token by MintingM shall benefit from the trending Alt season.

STF token – XMINT listed on Wazirx has consistently outperformed over all 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 our advanced XMINT Bots today

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Weekly Crypto Market Report – Week 18

DOW JONES

US stock market index Dow Jones trades far above weekly 20 EMA (Exponential Moving Average)
from the last few weeks. We may see a rally slowing down in US and global stock markets.

GOLD

Gold trades within the Flag and Pole pattern. Weekly candle close is above 20 EMA and this may
lead to buying momentum resulting in the breakout of the bull flag.

BITCOIN

Bitcoin trades above weekly 20 EMA which is a strong support level. Bitcoin shall continue to
consolidate for a couple of weeks and Alt coins shall push the crypto markets to new highs.

ETHEREUM

Ether has gone parabolic, $4-4.5K may act as resistance. Ether may slow down now and the
money shall flow to small cap Alt coins.

In conclusion…

The Stock markets and Crypto markets look overbought and we may see correction in the month of May-June 2021. Defi and small cap tokens below $5B market capitalization may continue to outperform Bitcoin and Ether this week.


TRENDING TOKENS

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

  1. COTI
  2. FRONT
  3. ADA

XMINT token by MintingM shall benefit from the trending Alt season.

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