UToday

UToday

On the bigger time frame, the bearish trend has just started. The Moving averages on the daily chart are starting to go down as well as the MACD indicator that has already located in the red zone. In this case, one might expect one more price decline to $0.006 before a correction wave upward.

UToday

Moreover, more liquidity is located above $8,100-$8,200. Respectively, the $8,200 mark serves a 'magnet' for traders in the short-term perspective. From the daily chart, one can notice that the bottom has not been reached so far. Applying the Fibonacci retracement, a very important is the 161.8% level. In addition, the sellning trading volume prevails over the...

UToday

Ethereum (ETH) still has not recovered from the recent sharp decline. The rate of the second most popular crypto has dropped by 0.39% over the last day. On the hourly chart, Ethereum (ETH) is trading sideways in the range between $195-$205. The situation is still bearish, however, the coin is unlikely to drop from its current levels.

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Bitcoin has broken through the resistance at $8,500 and is trading higher. In addition, a figure resembling a double bottom has formed, which is also in favor of growth. The short-term aim is to firmly gain a foothold above $8,500 and gradually push the price up to finally break through the resistance of the downward wedge. Currently, there are all prerequisites...

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Ethereum has shown positive price dynamics over the last week. The rate of it has increased by 2.53% which is the biggest growth index out of the top 5 coins. On the 4H chart, Ethereum is trying to fix above the resistance at $188. Currently, there are all chances for it to achieve this zone, as the colored EMA/SMA is bullish, as well as, the MACD indicator. The...

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The bearish trend is gaining momentum after the price has broken through the 200-day moving average (200 MA) on the daily chart. If in the near future the exchange rate does not quickly return to the zone above $9,000, sellers' pressure will increase, and the price may drop below 50 SMA and further to $ 8400 (this barrier served as a strong resistance for most of...

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Yesterday, trading volumes were low, and sellers could increase sales. The pair reliably kept the level of $ 289.51 from the decline. Today, Bitcoin Cash continued its growth and set a monthly maximum at $309.15. Until the end of the day, there is a possibility of a resistance re-test in the area of $320. However, on the daily chart, the market is quite...

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Sellers increased pressure yesterday and broke through the hourly EMA55, which has been serving a support level since last week. According to the indicators, the further recovery of Ethereum is possible, as buyers have already broken through the EMA55, however, they won’t be able to gain a foothold in the area of the daily maximum. Furthermore, the trading volume...

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For the fifth day in a row, the price of Bitcoin is located between 100- and 200-day moving averages, protruding levels of resistance and support, respectively. Buyers could restore the pair to the average price range, so consolidation in the narrowing range is still ongoing. Today, Bitcoin is about to will meet support near the lower border of the triangle, and...

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On the daily chart, bears are also controlling the situation. At the moment, Etheruem is unable to hit the vital mark at $200 as the trading volume has not come back to the positions of summer 2019. Although ETH rocketed by around 20% during the recent growth, the long-term scenario is bearish. Moreover, the Ichimoku cloud has not got out form the red zone which...

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A long Friday shadow indicates that a buyer is exhausted above $10,000, suggesting the possibility of the upcoming decline. The bearish divergence of the relative strength index on the 4-hour line chart indicates a depletion of buyers. As a result, in the next 24 hours, a retest check of the $8,820 might happen - the former support, which appeared on October 11....

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The recent bull run has already ended for XRP as the price of the coin has increased by less than 1% over the last day. According to the chart, the attention should be paid to support levels at $0.29 and $0.28. In terms of the closes price prediction, one should expect a decline after a recent market pump. The MACD indicator is about to form a reversal,...

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The quotes of Ethereum are moving almost in the same direction as Bitcoin. Meanwhile, our earlier ETH prediction has already come true as the price has risen from $166 to $180. The 2nd most popular crypto is about to face a rollback before a run to $200. Such a statement is confirmed by the divergence on the 4H chart. Thus, one can see two big candle shadows,...

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After a sudden pump, the price of Bitcoin has rolled back to $9,000. However, our earlier forecast is still relevant and a decline to $8,700 and below will happen this week. On the 1H chart, the $8,600 and $8,500 levels are critical support, as they previously acted as obstacles. In addition, the Fibonacci retracement rate of 61.8% from $7,425 and up to the high...

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Two days ago, Ethereum followed the bullish run of Bitcoin. The maximum at Bitfinex was fixed at around $199. Today, bears have already rolled back the rate to the value of around $180.Even though ETH was also dominated by bulls, Ethereum did not show such a huge rise as the leading cryptocurrency - the growth made up around 20%. On the 1D chart, Ethereum is...

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Bulls have not just got out of the bearish local trend but managed to come back to the prices of September 2019. The price stroke to $10,300 on some exchanges, rising by more than 40%. Meanwhile, the dominance rate of Bitcoin has increased by more than 3% and now makes up 68.4%. On the 4H chart, Bitcoin is oversold and a decline to the nearest support zone...

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After having traded sideways for around one month, the rate of Bitcoin SV has struck the roof, rising by almost 50%. As a result of the growth, BSV has rushed into the list of the top 10 coins and now located on the 9th place. The rise has happened unexpectedly from the perspective of technical analysis. On the 4H chart, the indicators are showing oversold of...

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On the 1D chart, Bitcoin is below the trend line and large volume according to VPVR. RSI has not crossed the oversold area yet which might indicate the decline to $7,200. Moreover, yesterday price drop has switched MACD to the bearish trend. Summing up, Bitcoin is unlikely to show a trend change soon. The price might show a revival, followed by a further drop.