Ripple price continues to decline to crawl towards 0.30 level, reinforcing the expectations of continuing the recently suggested bearish trend, which depends on the price stability below 0.42 level, reminding you that our main waited target is located at 0.24. Expected trading range for today is between 0.28 support and 0.36 resistance. Expected trend for today: Bearish
Ripple price keeps fluctuating within tight track, settling around 0.36, which keeps our bearish overview valid as it is for the upcoming period, supported by stochastic move inside the overbought areas now, waiting to target 0.24 level as a next station, reminding you that holding below 0.42 is important to continue the expected decline. Expected trading range...
Litecoin price succeeded to break the neckline of the head and shoulders’ pattern mentioned yesterday, to rally downwards strongly and begin testing the key support 27.74 that forms 61.8% Fibonacci correction level for the last bullish wave, waiting to surpass this level to confirm opening the way to achieve our waited negative targets, which begin at 25.65 and...
Litecoin price shows sideways trading in the previous sessions and test the key support 29.40, and by taking a deeper look at the chart, we find that the price drew a head and shoulders’ pattern that its confirmation line located at the mentioned support, which means that breaking this level will push the price to return to the main bearish track, targeting...
Price of Ripple attempted to breach 0.42 level but it could not hold above it. To lean on the EMA50 again, noticing that stochastic provides positive signals that we are waiting to motivate the price to resume the bullish bias, to keep the bullish trend scenario valid for the upcoming period conditioned by the price stability above 0.34, reminding you that our...
The 20-day EMA is gradually turning up, and the RSI has climbed above the 50 level. This gives us confidence that the short-term trend has changed in favor of the bulls. However, the long-term trend is still down as the 50-day SMA continues to slope down. After a long downtrend, we expect the ETH/USD pair to form a basing pattern before starting a new uptrend. On...
Ripple price continues to fluctuate within sideways and tight track and keeps its stability below 0.42, to keep the bearish trend valid for the upcoming period, noting that breaking 0.33 will ease the mission to achieve our main waited target at 0.24. Expected trading range for today is between 0.30 support and 0.40 resistance Expected trend for today: Overall Bearish
Since this past Saturday, EOS has been in the green, blasting off by 56 percent before coming under resistance at the 0.236 Fibonacci level. Considering the stochastic RSI and the resistance levels above, EOS looks to be quickly losing steam. After some cooling off, EOS should be ready to smash through the $3 resistance to test the 0.382 or 0.5 Fibonacci level...
Cardano price finally settled above the $0.0300 resistance level. Price of ADA gained more than 15% and traded above the $0.0320 resistance. The next stop for buyers could be near the $0.0350 level.
Cardano price finally settled above the $0.0300 resistance level. ADA price gained more than 15% and traded above the $0.0320 resistance. The next stop for buyers could be near the $0.0350 level.
The LTC/USD pair has been in a strong downtrend since peaking out at $370 in December of last year. Though there was an attempt to form a base at $47.246, the bears broke down on Nov. 13 and resumed the downtrend. There was another attempt to defend the support at $29.349, but it did not hold even for a week. Currently, the downtrend has resumed and the next...
EOS’ price has seemingly been starting to hold on to a specific price level this week. Prior, the cryptoasset was seeing its value decline against the US dollar over various successive trading sessions. The crypto’s current range is marked by the $2 and $1.5 territories. The 14-day SMA is currently above the upper limits of the range, while still being underneath...
From yesterday’s open at $6.12 the price of Neo has fallen by 6.94% as its currently trading at $5.71. Looking at the hourly chart you can see that the price action created a descending triangle from which unlike in the case of Bitcoin Cash the price still hasn’t broken out off. We can see that the price is back on the levels of the prior low like in the case of...
Expected trend for today: Bearish Ripple price fluctuates around 0.30 level, and it continues to crawl calmly downwards, on its way to visit our main waited target at 0.24, supported by stochastic and the EMA50 negativity. Therefore, the bearish trend will remain suggested in the upcoming sessions unless breaching 0.42 level and holding above it. Expected...
At spot prices, ADA is down 15 percent and 30 percent in the last day and week but still hanging on at 10th. At this rate, prices are not only trending at new 2018 lows but are confirming the bear breakout pattern of early August. We expect this draw down to continue as long as BTC prices dump and deadlines extended. Everything else constant, ADA has been on a...
The bears successfully defended a retest of the breakdown level at $0.184 and the XLM/USD pair has turned down once again. A breakdown of $0.13427050 will resume the downtrend. The next level to watch on the downside is $0.08. If the bulls defend the $0.13427050 level, the digital currency might remain range-bound for a few days. We shall turn positive on it if...
EOS falled down(10.66%)This was the most significant fall in the value of cryptocurrency since November 19. The fall also triggered a reduction in the market capitalization of EOS to $ 2,4739B, or 1.90% of the total capitalization of all cryptocurrencies. While earlier on the peaks, the EOS capitalization was $ 17.5290B. Over the past 7 days, the EOS...