The forecast for the calendar year is around $ 650. Furthermore, the five-year forecast is around $ 2000. This ensures that from the present level as well, the appreciation which can be attained in this cryptocurrency is significant.
The main reason why such an appreciation is possible is owing to the fact that it is actually a completely anonymous cryptocurrency...
On Sunday there was a chance to break the 4100, make a (short) term reversal but even though everything was in reach the bulls were too weak and lost the fight. Since that rejection at 4100 we started to drop again and the bears slowly took control again. However this time the bulls stepped in around the 3500 several times the past few days defending that level...
It is difficult to predict, but may be a point to get back the believe in NEO and its stabilisation in the nearest future. Long time NEOBTC show free fall. It reached support zone - accumulation zone. So, it is time to start flying from this zone. First it should break out resistance line of the wedge, let´s see. Any more ideas in this regard?
ETHUSD is approaching our first resistance at 121.77 (horizontal overlap resistance, 100% Fibonacci extension , 23.6% Fibonacci retracement ) where a strong drop might occur pushing price down to our major support at 102.58 (horizontal swing low support, 100% Fibonacci extension).
Stochastic (55,5,3) is also approaching resistance where we might see a...
After dropping in excess of 40% in the last two weeks, with very little news to drive the move, Bitcoin is trying to build a base around the $3,500 - $3,700 level in the last three days. While the longer-term chart set-up remains negative - with a test of $2,970 likely - in the short-term the charts are showing the crypotcurrency heavily in oversold territory –...
Bitcoin has today jaggedly veered between below $4,450 and $4,630; as of press time, the top coin is at $4,517, down 0.4 percent on its 24-hour chart. After a further sell-off brought Bitcoin to as low as $4,300 Nov. 20, the asset has traded over the past couple of days circling the $4,500 mark.
On the week, Bitcoin is almost 18 percent in the red; monthly losses...
Ethereum extended its fall on Nov. 21 and broke below the support of $135. The RSI has reached deeply oversold levels, which previously resulted in a pullback. Currently, the bulls are attempting to pullback from the $126.20 level, which is likely to face a stiff resistance at $167.32. The downtrending 20-day EMA will also be a difficult hurdle to cross.
If the...
Bitcoin and Ripple - the two largest coins by market capitalization – still languish near their multi-month lows as the expected ‘buy the dip’ crowd remain noticeable by the absence. Over the last few months, most sharp falls in the cryptocurrency market have been followed by a reasonable rebound – dip buyers – before the market stabilized and moved lower again....
For so long some people were praying for crypto to go down and then buy it, but with such market conditions, it is visible, that for now they are not even sure, that it way be a good investment. It is visible, that for now investors are taking their time to figure it out. Let´d s give them a week, as we can see a small rase. Would say, that crypto will get some...
