Moreover, the downside pressure seems to be weakening, while the technical indicators are endorsing the bullish scenario. From the technical point of view, in the short-term timeframe, the MACD indicator is approaching the positive bullish crossover, while the RSI is moving slightly higher above the oversold zone. Also, the price has just hit the 200-Day EMA near...
The pair TIX/BTC tumbled aggressively in the last couple of days and the risk is still to the downside as price continues to move with weak movement. Also, the short-term technical indicators are bearish and point to more downside correction in the market. In the daily timeframe, the parabolic RSI indicator is signaling further losses. The MACD is heading down...
In the daily timeframe, the RSI indicator stands in the negative territory and is flattening near the 45 level, while the MACD is strengthening its bullish movement as it will create a uptrend crossover with its signal line. In addition, the 100-Day EMA now act as a strong support line. On the flip side, upside moves are likely to find resistance at 50-Day EMA....
I think, ARK will remain neutral and consolidate around 45k Sats in the short term. The market needs to make a sustained move above today’s high and above the 50-Day EMA in order to confirm whether the recent rebound off 45k is not just a corrective move of the downtrend from the January 25 high but rather the start of a bullish phase. The RSI is still in bearish...
Augur(REP) token price is testing the 100-Day EMA. As can be seen from the chart, 100-Day EMA has acted as a strong support for REP token price. AUGUR's price has repeatedly bounced back after testing the 100-Day EMA in past. 100-Day moving average is likely to continue as a strong support for REP token. Currently Augur’s RSI of 33.3 that is near oversold...
Decred(DCR) price has tested the 20-Day EMA on more than three occasions in the past week, but it has not been able to go beyond the 20-Day EMA line. The coin price is again likely to test the 20-Day EMA today. Every time coin price fails to break the moving average line, it makes it a stronger resistance level. However, now the coin has entered esistance zone...
PIVX has just breached 100-Day EMA. However, considering that the 100-Day EMA has been acting as a good support for PIVX over the last two months, With the RSI reading at 40, the PIVX is far from oversold and also indicates some room to the downside. The MACD also brings negative news for the coin price. The MACD line has crossed below the zero centerline,...
MonaCoin price is about to test 100-Day EMA line. The coin has fleetly bounced from 20-Day EMA which was a key support in the past days. The 100-Day and 50-Day EMA has been acting as a resistance since. Earlier the coin price tested these EMA lines but was not able to break above. MACD is currently below the ‘zero’ centerline, indicating a bearish trend, but I...
MACD is trying to do a bullish crossover which highlights the potential for uptrend in 1ST/BTC. RSI is in bearish territory below 50 although the decline has stalled, which suggests the market could enter a consolidation phase or bounce higher. 1ST price is currently finding support level at 4-5k Sats. Breaking below this would turn the focus back to the downside...
Unfortunately I don't see any potential in this digital asset. I don't understand why it is needed and where it will be applied. I expect that in next few months this coin will be delisted from Bittrex. But it's only my opinion. Please leave your comments if you don't agree with me.
Two months in a row, KMD has been unable to close below the great support level at 50-Day EMA, howbeit these attempts from the bears were crowned with success and the price found the strong support at 200-Day EMA. The bears are desperate to push the price below the support level at the price of 45k, but the bulls are too stubborn to allow that. Although the RSI...
The bull market that begins in 2018 when the ZCash rises through the 50-Day EMA, it was a sign of a new bull market. In addition, when the RSI rised through 50, it was another sign of a new bullish trend. When MACD line rised through the signal line, it confirmed another sign the bear trend is over. Also it should be noted that on 3 Day TF, the MACD Line moved...
The Relative Strength Indicator is 32 that is near the oversold area, indicating a downtrend is in place. However, it should be noted that the short term price increase for XEM after the coin touch the oversold zone is not what will drives the price. The Moving Average convergence Divergence is also below zero, we have entered to the strong bear market. The...
The daily time frame is the only time frame reflecting bullish clues. The 1D TF trend chart shows the formation of horizontal channel with resistance at the 200-Day moving average at the 0.001. There is support at the 0.0009 area. This is typical of a coins that is facing a slow growth after strong downtrend. RSI is below 50 a sign of an downtrend, but this is...
Long term, the trend of the Bitcoin Cash chart is still down. The 100-Day EMA provide significant resistance. The upper descending trend line also provide strong resistance. RSI is below 50, a sign of an down trend. The MACD turned down but earlier the MACD showed positive divergence indicating the uptrend would begin however it might possible to be a fake buy signal.
This is where the action was really interesting today. WAVES climbed above gap 50-Day EMA resistance while the MACD and RSI turning up to support price with divergences forming on the MACD. When the WAVES rises through the 100-Day and 50-Day EMA, we will have a buy sign. Long term the trend is still down, but we are likely to see consolidation at this level and...
Let's start with the long term view of the XVG. The Relative Strength Index is a good indicator of the cyclical bull and bear markets. In addition, the Exponential Moving Average acts as support in a bull market and resistance in a bear market. In January, we fell into a bear market as the RSI dropped below 50. The coin fell through the rising trend line and MACD...
Firstly, I think, that Vertcoin technical chart will flash a bullish MACD crossover in the next two weeks. A bullish MACD crossover occurs when the MACD rises above the signal line. It is an indicator of a bullish trend, indicating that Vertcoin price will be headed higher in the near-term, which is in alignment with the longer term uptrend on the chart....