StevenWalgenbach

StevenWalgenbach

XRP managed to surpass a medium-term upward price channel that had formed over the past few weeks. Additionally, the altcoin maintained its position above this range at the current moment, indicating the possibility of a significant upward move for XRP within the next 24-48 hours. This optimistic scenario could be confirmed if the cryptocurrency closes today's...

StevenWalgenbach

Over the past few days, the Pepe price has formed a negative price channel characterized by a series of lower lows and lower highs. However, on November 3, it rebounded from the $0.0000010290 level, initiating a multi-day positive sequence that allowed it to breach the $0.0000011570 resistance earlier today. Despite this breakthrough, sellers have pushed the Pepe...

StevenWalgenbach

XRP’s strong positive trend may just be starting as the daily Moving Average Convergence (MACD) indicator suggests a continuation of XRP’s bullish trend in the next few days. The cryptocurrency’s price rise over the past 2 weeks has elevated it to the $0.06800 barrier, which XRP is currently looking to flip into support. If XRP is able to close today’s daily...

StevenWalgenbach

A symmetrical triangle pattern seen on DOGE's daily chart indicates a potential breakout in the coming days. However, the coin's recent failure to breach the $0.07195 resistance level and several technical indicators on the chart suggest that DOGE's price might experience a significant downward movement in the short term. In recent days, the daily Relative...

StevenWalgenbach

Over the past few days, LINK has maintained a consolidation phase, trading within the range of $10.635 to $11.785. Earlier today, there was a breakout on the 1-hour chart, causing LINK to briefly move out of this sideways price channel. However, bears swiftly pushed LINK's price back into the channel. Nevertheless, there is still potential for the altcoin to...

StevenWalgenbach

A symmetrical triangle has emerged on the weekly MATIC/USDT chart, signaling the potential for an imminent breakout. Should this breakout be to the upside, MATIC's price may embark on a medium-term bullish trajectory, possibly propelling it to achieve a new all-time high (ATH). However, it's important to note that this optimistic scenario could be negated if MATIC...

StevenWalgenbach Updated 

BTC finds itself at a critical juncture, resting precariously on the $34K support level. After recently reaching a peak of $35,280 in the past few days, the market leader's price has steadily declined over the last 48 hours. This decline puts the cryptocurrency at risk of potentially correcting down to the $31,400 support level in the coming days. The validity of...

StevenWalgenbach

XRP's price faced resistance at the $0.5670 level in the past three days. This resistance occurred after the price of the remittance token reached the upper boundary of the Bollinger Bands (BBANDS) indicator within the last 48 hours, a signal typically interpreted as a sell signal by traders. If this sell signal materializes, there is a potential risk for XRP to...

StevenWalgenbach

TRB's recent price increase in the last 24 hours continued the upward trend it has experienced in the past few weeks. Since August 22, the cryptocurrency has consistently achieved higher highs and higher lows, forming an ascending price channel on its daily chart. This positive trend allowed TRB's price to surpass both the resistance levels of $50 and $79.35. As...