Key levels Short term Supports—> S1: 190 & S2: 155 Resistances—> R1: 235 & R2: 275 Medium/Long term Supports—> S3: 145 & S4: 125 Resistances—> R3: 315 & R4: 350 Potential scenario Ethereum seems to have completed its retracement after the bull run we had during June. It bottomed at $190, therefore performing a pull-back of 47% after it reached...
Bitcoin remains with low volatility , although it is showing signs of recovery and the price is beginning to go up again. According to our indicator CH ATR, volatility levels in a 1-hour chart remain below 0.8%, our volatility threshold for this candle size. Even though the price seems to be slowly trending up, it still finds itself ranging between S1 and R1 ....
BNB , along with Litecoin, had one of the most spectacular beginnings of the year in the crypto space. Especially after such a strong bearish market in 2018, the Binance coin increased more than 600% in the first six months of the current year. Several weeks ago, MACD divergences started and decreasing OBV levels took over its chart to consolidate previous...
Key levels Short term Supports—> S1: $9,400 & S2: $8,800 Resistances—> R1: $9,800 & R2: $10,900 Medium term Supports—> S3: $8,000 & S4: $7,400 Resistances—> R3: $12,000 & R4: $13,000 Potential scenario Bitcoin still finds itself in a bearish channel since it has been making continuous lower maximums since it made its 12 months maximum at almost...
Bitcoin continues in a bearish channel that has already corrected 30% since it made its yearly high at almost $14,000. It is still hovering around $10,000 that is considered a key level for a potential bull trend. If this level is strong enough to hold the price and to avoid falls below $9,300, the bulls could take over again. It might be too soon to take...
Ethereum following the same pattern as Bitcoin. After the increases that most of the cryptocurrencies had during June, in which Ethereum reached $360, the retracement consolidating these gains took place. In the case of Ethereum, this correction was around 45%. Now, the price might have reached the bottom of the retracement at $190 and is performing an...
Key levels Short term Supports—> S1: 0.284 - 0.28 & S2: 0.26 Resistances—> R1: 0.325 & R2: 0.40 Medium term Supports—> S3: 0.25 & S4: 0.20 Resistances—> R3: 0.47 & R4: 0.49 Potential scenario Ripple has been trending down for 25 days already, exactly since Bitcoin made its yearly maximum at almost $14,000. A few days ago, XRP reached very key...
Litecoin had one of the best, if not the best, performance since the beginning of 2019, it reached a maximum increase of 540% on the 22nd of June. This maximum took place along with the bull run that Bitcoin had a couple of weeks ago. Afterwards, a double top at $140, bearish MACD divergences and retracement of 30% for the Bitcoin price, drove LTC back to $92....
Bitcoin suffered falls from $13,000 to $10,000 during the last few days. The is the second time in this month that the support at $10,000 shows its strength and prevents BTC from reaching lower levels. After bouncing on $10,000 yesterday, it has performed a retracement to almost $11,000. Despite this increase, the price still finds itself in a bearish channel...
Key levels Short term Supports—> S1: 11,100 & S2: 10,000 Resistances—> R1: 13,000 & R2: 13,500 Medium term Supports—> S3: 8,900 & S4: 7,600 Resistances—> R3: 14,000 & R4: 15,000 Potential scenario During the last week, bulls took over again with increases of around 30%, from $10,000 to $13,000. Once the Bitcoin reached $13,000, it performed a quick...
The Cryptohopper app has been recently lunched ! Make trading 24/7 even simpler to keep tabs on. Key levels Short term Supports—> S1: 0.378 & S2: 0.34 Resistances—> R1: 0.48 & R2: 0.49 Medium/Long term Supports—> S3: 0.28 & S4: 0.20 Resistances—> R3: 0.55 & R4: 0.62 Potential scenario XRP marked its post bull run lowest point in August 2018,...
Cryptohopper has launched today its official mobile app! Cryptocurrency, social and automated trading, altogether in one app. The Binance coin BNB has been one the coins that has increased the most since the beginning of the year, a 660%. Binance has made of BNB is a great example of an utility token. Binance is the world’s largest exchange and its...
Bitcoin is extending its retracement , it has been retracing for 7 days already. The crypto community as a whole agrees on that, after the last bull run in which Bitcoin increased around 300%, the Bitcoin price needs to have a healthy correction to maintain an upward trend. The strongest supports that can reverse the price direction to continue with the bull run...
Key levels Short term Supports—> S1: 11,130 & S2: 10,500 Resistances—> R1: 12,000 & R2: 12,900 Medium/Long term Supports—> S3: 9,400 & S4: 8,900 Resistances—> R3: 13,800 & R4: 14,200 Potential scenario Bitcoin has had its most volatile week since February 2018. In less than a week, the BTC price rose from $10,500 to $13,830, fell from $13,830 to...
Cryptohopper Analyses Bitcoin is unleashed . Back in January, February and March of 2018, the price tried to break $11,500 even 4 times, all of them were unsuccessful. Yesterday, Bitcoin was hovering around that level, an important part of the crypto community was expecting this level to be difficult to break and therefore taking a bit longer to break it...
Key levels Short term Supports—> S1: 9350 & S2: 8900 Resistances—> R1: 9750 & R2: 10000 Medium/Long term Supports—> S3: 8300 & S4: 7600 Resistances—> R3: 10200 & R4: 10400 Potential scenario Bitcoin is leading the whole crypto market to a bull run that can be historical. The community is highlighting the importance of the level $10,000 as the...
Bitcoin broke $10,000 and it did it more heavily than anyone expected, reaching levels above $11,000. Being precise, it reached $11,280, a price unseen since March 2018. And now? The BTC price is performing a symmetrical triangle . A pattern that normally, once it almost finished the triangle, the price makes a very sharp movement upwards or downwards. What...
Cryptohopper Analyses Bitcoin and the whole crypto market has had a bull run during the last month and a half that is very likely to continue. The next key resistance will be $10,000, which is a very important level that will lay the foundations to reach the all-time highs at $20,000. These three charts represent something that is essential to understand...