Cryptousd
We are back in a downtrend!Price heading to $21,387 it could take just a couple days to get there!
Could this be the end of this rally?
cryto.com cro is still on the trackcro is on the track pairing with btc
for long term. untul 2023.
its considers lower to own this currency.
Rank #30
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Crypto.com Coin Price (CRO)
$0.1103
2.15%
0.00000341 BTC2.15%
0.00005446 ETH2.15%
CryptoTotallMarketCap ($)_DailyA time Estimation to reach
1900 $ Crypto Market Cap
105/161 = 0.69
x / 105 = 0.69
FIND X ?!
x = 0.69 * 105
x = 77
x = 12 March 2021
CryptoTotallMarketCap ($)_WeeklyCrypto Total Market Cap is moving forward the midline of the specified upward channel.
Right now it is on the correction to about 800-815 level.
After that we will see crypto market cap continue the upward trend to these targets in midterm:
Target I : 1500-1595 $
Target I : 1900-1915 $
It will be about the mid of March 2021, except in the increasing Intensity and acceleration of the upward trend; we will reach the mentioned target in a sooner time.
BTC on track for bearish breakdown before bullish 5th wave!?Seems like Bitcoin could be headed for 7.9k to finish wave 4 before making it's way back up for a final 5th wave to nail 10k! Of course we could easily have wave failure if we drop below 7.7k. We could find ourselves very bearish if BTC turns south and heads to low 7ks. This would put us on a crash course for 5.5k!
ZCash: The Final Frontier (Does Support Hold or Break?) Hey, everyone; so I'll explain to you all below why I'm actually very neutral on ZCash.
As you can see from the picture above, the price has been getting throttled as of recent.
However, more importantly, the price is nudging right up against a really solid support for Zcash.
Now, if the support can hold and the price bounces from here, then the gains will more than likely be decent.
However, if the support breaks, that’s probably going to be a problem.
Remember, this is on the daily chart.
A Positive Sign on the Chart
One positive sign is the fact that the RSI is entirely oversold at this point and its on the support.
This is positive because:
a) It means that (based on prior price data), the RSI is indicating to us that the bears have potentially reached their max threshold on $ZEC and may be ready to ease up.
b) At some point, the momentum will carry back upward, which will result in an increase in the price. How much? Who knows.
So, the setup looks good.
EMA Indicators
The good news (for bulls) in the chart above is the fact that the EMA indicators (on the daily) are far above where the price is now.
The nearest overhead EMA indicator (EMA-12), is sitting at $174.85 currently, which is +10% over the current price, giving it room to move.
Of course, what’s bearish about this setup is the fact that the EMA-50>EMA-26>EMA-12.
That’s actually about as bearish as it gets.
Conclusion
The price doesn’t seem to really be responding to any fundamental news surrounding Zcash.
And based on those technicals, it’s almost impossible to make a serious inference about the price action of $ZCash until we observe the price either bounce or fall below the support point that it is at currently.
