Ripple started the month with the right foot, with it’s price crossing the 20 days Moving Average and creating a green candlestick above the later, which is often considered as a confirmation of the bullish trend. Unfortunately, what was expected to be a good sign for the following days has turned out to be just an illusion because the trend has...
As we have already been accustomed to, any aggressive movement like the one registered in mid-February, is followed by a period in which the price is searching for a new direction. These alternating intervals, which are already common for the entire sector, are making this market to be more interesting. From the technical perspective, we have the Stochastic...
Even if the price of Bitcoin has moved more sideways in the last 4 months, there are several interesting aspects that can lead us with the thinking to a positive scenario. Therefore, since the last week of November and until today, we could see that the price moved between the Support Level and the Resistance Level 1 on a 1W chart, but what is the most important...
Even if the first 2 days of this month have been promising, it didn't take long for the price of Litecoin to cancel it's good start and for the bullish trend to be under pressure one more time. In the last 8 days, the inconsistency of the trading volumes have determined a slow down of the price and we could see how the latter has surrounded the 20 days Moving...
Like in the other the cases, the total market capitalization drop has put pressure over the price of BNB as well, with the latter being about to register the 4th consecutive day of decrease. One of the major factors is represented by the inconsistency showed lately by the trading volumes, the same ones which can be considered "guilty" for the price increase which...
Another coin which went through a very good month of February is NEO, with it's price registering a total growth of 29% based on the increased consistency of the trading volumes. The month started slow, there have been registered sideways movements in the first days, but on the 7th the MACD and the Stochastic have announced the beginning of a bullish trend which...
Even if in the last 7 days the price lost almost 19% from it's value, February can be still considered a very good month for EOS, as the total growth is close to 56% today. The beginning was hard, with the price moving sideways in the first week, but once the trading volumes have gained consistency, the price has found the necessary strength to cross the 20 days...
So far, it seems that February has been great for Litecoin as it's price has managed to cross the 20 days Moving Average, it consolidated it's position at the top and also registered a growth of 55% until today. Of course, this huge price change was stimulated by the higher trading volumes than before and also by the market capitalization of the...
Just like in the case of the other major coins, the price of Ethereum has also managed to position itself above the 20 days Moving Average on the 8th of February, being stimulated by the increased trading volumes after 1 month of losses. It's important to notice that the indicators which have announced the 45% increase which was registered since then are the...
After 30 days of bearish trend, the price of BTC has changed it's direction and it seems decided to fully recover the losses which were registered in the same interval. Therefore, on the 8th of February the trading volumes have significantly increased and stimulated the price's "jump" above the 20 days Moving Average which leaded to a radical trend change and a...
After 21 consecutive days, period in which the price of Litecoin has moved in a range between the minimum of 29.82$ and the maximum of 34.67$, has finally found the strength to cross the 20 days MA and to stabilize above it. In the last 3 days, since the Bullish trend has started on a 1D chart, the price has been increased with 6.37% based on promising trading...
If we go back in the days in which the whole sector used to go through amazing times, a movement like the one registered by the price of Ethereum on the 8th of February would have had less chances to be considered impressing. But nowadays, after the market drop we could see in 2018, a price movement from 105$ to 121$ is huge and for sure it brought back some of...
As with Ethereum, the price of Iota has followed the same pattern with 3 different occasions : 1. The price increase which was registered on the 15th of December has been announced by the MACD's crossover on the 10th, the RSI's level of 48 registered with one day before and confirmed by the Stochastic with it's "fast" line coming above the "slow" one on the...
After 2 days in which the trading volumes have increased, the price of Ripple has manage to stabilize above the 20 days Moving Average and new bullish trend on a 1D Chart has started. A similar price evolution like the one from today has been registered 2 times in the last 3 weeks but in both cases, the price lost it's ground afterwards, as it follows : * On...
After a period in which it has crossed multiple times the 20 days Moving Average, the price of BNB has finally settled above this one on the 2nd of February and the bullish trend which has started was also confirmed by the green candlestick which has been created in the same day. This growth of 2.7$ which means about 40% was caused by the increased trading...
Supported by the increase of the total market capitalization and by the positive trading volumes registered in the last 6 consecutive days, the price of NEO has followed the evolution of most of the coins and has registered a growth of 1.61$ or almost 23%. It's important to notice that after the price has crossed the 20 days Moving Average, the first candlestick...
Like with the rest of the coins, the increase of the total market capitalization and the higher trading volumes than usual, have brought the price of EOS above the 20 days Moving Average on the 8th of February and a bullish trend (on a 1D chart) has begun. This growth of 0.70$ (or 29%) was registered in only 5 days and it was announced on the 8th of February by...
As we have mentioned on the previous post, the price of Bitcoin seems to delay it's so much expected recovery as long as the trading volumes are still showing the investor's skepticism in regards with this sector. Like in January, the beginning of the month was promising, with the price having a growth of 2.22% in the first 2 days but the optimists have been...