BTCUSD continues to put in higher lows on the hourly chart. Is this signs for another push upwards towards 100k?
Here are a couple potential ADAUSD prices if it can reach the ≈0.00006 level of the prior two bull runs. 150k BTC = $9 ADA 200k BTC = $12 ADA These ADA prices are most likely at the high end of probable tops for ADAUSD. ADABTC very well may not reach its prior highs, but once BTCUSD slows down similar to early 2021 expect ADA to gain a lot ground. Cardano is a...
After a long, long time LINKUSD has broke out of its $5 - $9 sideways consolidation. This has been over 500 days ! Quite the achievement! It's hard to stay patient but if you trust in the future of your investment you don't need to check it all the time and those days fly by. Going forward (depending on BTC), LINK has built a strong foundation for itself and...
- Don't rush to put your bull market pants on. I'm just as excited as the next guy to finally see some green candles after a full year of what felt like only red. But, BTCUSD has a lot to prove and one thing that is for certain is there lies a bumpy road ahead. - After the bear marker of '18, 2019 started off with a bang with a bull market lasting for 6...
BTCUSD is up over 25% since the start of the year. Key notes: - Bitcoin is attempting to break its previous high of $21,500 - Price is above both the 20W SMA and 21W EMA - A test of the Bull Market Support Band is necessary before any presumptions of the bear market bottom can be made For now, it feels good to be back in the green.. but for how long will this last?
Before looking at any altcoin, we must look at the status of Bitcoin. BTC is in a healthy short-term uptrend after having a 75% drop to below $18k. - If Bitcoin is able to make a move to $27,500 - $30,000 we can see alt coins like LRC following suit. BITSTAMP:BTCUSD Loopring has been in a comfortable uptrend from $.30 to $.50 for the past 2 months,...
In a blink of an eye, assets like loopring can skyrocket. - at the same time they can go down just as fast, if not faster. lets see if loopring can hold it's macro trend line of support.
The Loopring x Gamestop announcement is finally here and official. - link to tweet: twitter.com - link to GameStop Marketplace Beta: nft.gamestop.com Macro: Loopring continues an overall large uptrend when looking at weekly candles. With a market cap of ≈ $1.3 Billion, Loopring has a lot of room for big gains. Short Term Chart: Loopring...
Bitcoin has been in a squeeze building up in the past few months. We've had lower highs and higher lows but bitcoin is trying to make up its mind as it attempts to break this trend and move to higher evaluations.
There is uncertainty in the market. - bitcoin recently has been putting in higher lows and lower highs . - If bitcoin breaks downwards we could be waiting a whole lot longer for a market cycle top, and alt coins will get hit harder than they already have been. - On the flipside bitcoin is facing numerous bands of resistance (notably rejected by the...
After hitting almost $4, loopring has retraced -80%+ and looking to hit bottom in the near future. Where will that bottom be? or have we already hit at .65¢? - my guess is between .40¢ to .60¢ Then we continue the uptrend. (as long as bitcoin does well)
Here we are, back at $1. 2021 had its ups for ADA but in short has been long sideways accumulation. (In 2017, ADA only stayed above $1 for 5 days) - If BTC can do well in the coming months, I expect a large breakout for ADAUSD.
White line: tested support Red box: resistance ranging from $33 to $54 2022 Goal is to break above the highlighted red area, retest, and start the climb to triple digits.
LRC does not want to stop here. Shooting to break $4 in the short term (1-2 days) and head towards $5. Compared to other established projects, loopring has a relatively small market cap which means there is a ton of room for the price to grow. - Remember : everything has to correct at some point and we can not put in large green weekly candles forever so when...
LRC is looking to push pass $3 and beyond. At some point loop will have a pullback but it doesn't look to be happening soon.
LRC has recently had a 300%+ move! (following leaked news about a partnership with gamestop to release a line of NFT's.) As we've said in the past the tech is there. Things to note / look out for: - Loop can potentially have another pump in the near future but a much healthier option is for LRC to adjust to an evaluation of over $1. It's likely that the price...
Earlier this month, ada had a wick down to $2 that was gobbled up by buy orders. Now, ada is looking to hold $2 as support yet again. - In case ada can not hold $2, look towards the 200D MA as the next likely area of support.
All depends on Bitcoin and if it can hold it's current levels. - If BTC holds support such as the 20W MA and pushes for higher prices expect ADA to soar. - But, if BTC breaks lower expect ADA and the entire market to break down even worse. BTC looks strong right now but be ready for anything!