The next target to watch on the upside is $0.28132, which is the target objective of the inverted head and shoulders pattern. If the bulls can sustain above this level, a rally to $0.31500 will be on the cards. Our bullish view will be invalidated if the XRP/USD pair turns down from the current levels and breaks below $0.23250. The traders can trail the stops on...
The bulls purchased the minor dip on Feb. 4 and have today pushed the price above the overhead resistance at $197.75. If the bulls can sustain the price above this level, the altcoin is likely to pick up momentum. Above $197.75, the rally can extend to the next resistance at $224.00 and above it to $235.70. Both moving averages are sloping up and the RSI is in...
Bitcoin (BTC) dipped below the support of the tight $9,200 to $9,600 range on Feb. 4. However, the bears could not build up on the breakdown. This shows that bulls continue to buy the dips. The upsloping moving averages and the RSI in positive territory suggest that bulls are in command.Today, the buyers have carried the price close to the top of the range and...