As we expected, BANKEX bounced off its support zone and its rate went up. During these days its highest peak was at the level of 1100 satoshi. Now the support zone is near 800 satoshi, when resistance is around 1000. Supposedly, the price will correct to 900 satoshi and then increase again. Another factor which forced the rate to increase is the news. And the...
BANKEX can gather its strength go up. That is backed by both, technical and fundamental analysis. Taking into account the first one the token's rate increased by more than 5 % to Bitcoin price. Thus, fibonacci retracement shows that ''bears'' have no more efforts to push the price down. Respectively, it is good opportunity to trade in short-run. Regarding the...
These days Bitcoin tried to touch its bottom line and after that bounced off the support zone and went up. So did Syscoin. Let's see it from the technical prospective. According to the 3 hours chart, the support zone is above the level of 800 satoshi. While resistance one is at 1446. Elliott triple combo wave predict that the asset is supposed to reach its...
As Bitcoin and all cryptocurrency market is touching its minimum rates in 2018, BANKEX is trying to show strength. Taking into consideration 3 hours bar chart, the support zone is around the level of 755 satoshi Resistance is at approximately near 1255. According to the current situation trades are taking place between 755 and 1000 satoshi. Analyzing the news of...
As the cryptocurrency market is in flat position now, most of tokens are following Bitcoin movement. So does BANKEX. Analyzing the asset from the technical prospective, strong support zone is at 738 satoshi, whereas resistance is around 1000. Thus, one can see a new bearish trend from November 15. In addition, fibonacci retracement shows that neither ''bears'' nor...
CIVIC decreased in its price as most of altcoins, however, it is one of the first who is about to come back to its previous levels. On the 3 hours bar chart, we see the figure ''head and shoulders''. The support and resistance zones formed at the levels of 1712 and 2024 satoshi respectively. From November 3rd, there is a bearish market, however the price bounced...
BANKEX rate came back to the position it was last month. Taking into consideration the 2 hours bar chart, ''bears'' have no more power to sell the asset. The support zone is at the level of 1010 satoshi, whereas the resistance is at 1182. The Fibonacci retracement shows that the token is oversold and the price can bounce to the resistance zone. According to the...
This Wednesday was a total catastrophe for the cryptocurrency market. Bitcoin dropped to $5500 and reached a new minimum in 2018. However, there is always an exception from the rule. In this case, GoChain is that exception. Its rate increased within 1 month from around 600 satoshi to more than 1000. Let's take a look at the bar chart. It is seen that support zone...
These days token BANKEX showed different spirits. It started with a little growth. However, today the rate crashed and went down. Now the support zone is at the level of 1000 satoshi. The resistance is at approximately 1143 satoshi. If Bitcoin keeps falling, supposedly altcoins will follow him. But if the main cryptocurrency stops its bearish trend, other assets...
These days, traders fixed their profits and the rate of token went down. Analyzing the 2 hours bar chart, strong support is at the level of around 1300 satoshi, whereas resistance is at the index of 1483. According to fibonacci retracement, now is a good opportunity to enter the market, as the price was decreased and traders got profits from recent selling. Taking...
QuarkChain supposedly shows potential after almost a month of falling down. Let's take into account both factors: technical and fundamental. According to the first one, the price of token was going down from October 17. The support zone is at the level of 600 satoshi, while resistance is at 790. In addition, fibonacci retracement shows us that in the short run,...
As the cryptocurrency market is going up and down, BANKEX shows potential on the background of technical and fundamental analysis. Taking into account the first one,
Token BANKEX is showing a little increase in its price after uncertainty on the market. The explanation of this is both: technical analysis and fundamental one. According to the first one, one can see that the highest peak was at around 1738 satoshi. Now the support zone is at the level of approximately 1150 satoshi. Taking into account fibonacci retracement, it...
October was a month when the crypto-makret was in ''flat'' or going down. However, there are always exceptions from the rule. Civic is that one. Considering technical analysis, over the period of 20 days the rate increased from 1800 satoshi to more than 2200 satoshi at its peak. Currently, important zones are at the levels of 2013 satoshi, which is a support zone...
Traders who had bought BANKEX few days ago and sold today could benefit more than 10 % according to the Bitcoin rate. Let's analyze the situation in details. Taking into account the 2 hours bar chart, the token started its bullish run on October 24 when the price was around 1000 satoshi, which is a strong support zone now. Today the price reached its peak, when...
Ambrosus, which is a token based on Ethereum blockchain has an intent to grow in its price. That is backed by both factors: technical analysis and fundamental one. According to the first one, from the beginning of October, the token has shown a bullish trend and the price was mainly increasing. Now, important levels are the support zone, which is near 2800 satoshi...
As we predicted, Bankex broke through the support line and went up. Analyzing the whole month, the token was traded at different levels, however the overall trend can be seen as bullish. On the background of the stagnation market, Bankex rate reached the index of more than 1250 satoshi today and then was corrected to the resistance level of 1125 satoshi. Now, we...
While crypto-market is in flat position, and most of coins are loosing their positions, BANKEX supposedly is not going to give up. Let's look at the bar chart. According to it, important levels are at 1000 satoshi, which is a support zone and 1063, which is a resistance one. In addition, according to Fibonacci retracement, ''bear'' have no more power to sell the...
