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Technical Analysis Weekly Anchor Protocol, Spell, Shiba INU, and More

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The crypto space since the beginning of the week maintained more or less a stagnant trend. The global market capitalization remained below $1.8 trillion, except the mid-week jump which uplifted the levels close to $1.85 trillion. The Bitcoin price yet again faked its surge beyond $40K with a strong rejection and inability to regain the lost positions. 

On the other hand, Altcoins performed slightly well compared to Bitcoin. Despite the current uncertain trend, the assets appear to be poised to rebound with strong bullish momentum in the upcoming week. 

Anchor Protocol(ANC) Technical Analysis for Short-Term 

Source: Tradingview

Spell Token (SPELL) Technical Analysis for Short-Term

Source: Tradingview

Read More: Spell Token(SPELL)/USDT Technical Analysis: 07 February 2022

Shiba INU(SHIB) Technical Analysis for Short-Term

Source: Tradingview

Read More: Shiba Technical Analysis: Will SHIB Price Break From the Descending Trend?

Uma(UMA) Technical Analysis for Short-Term

Source: Tradingview

Fantom(FTM) Technical Analysis for Short-Term

Source: Tradingview

Read More: Fantom(FTM) Technical Analysis: FTM Price Feared To Plunge Another 10%

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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to .
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


 

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