Following the aggressive movements when the whole market has dropped, the price of Ethereum has started it's sideways movements since the 23rd of November. The Pivot Level (or the average price) for this interval is 116.88 and at this stage the coin is traded nearly below it. Considering the RSI's level of 29 (oversold), the Stockastic's crossover below the...
After the big drop of the market capitalization and negative fundamentals, the price of Bitcoin Cash also had an aggressive movement and became one of the coins which are leading the drop. Looking at the chart, we can easily compare the current decrease of the price with the ones we could see the US Stocks having in the middle of the previous financial...
After the market capitalization has been decreased a lot, the prices of the major coins have dropped aggressively with Bitcoin breaking the previous "bottom" and reaching the Support Level of 4295$. Well, the price decrease of almost 29% since the beginning of the month has made a lot of people to be confused about the future of the crypto currencies. We can...
Based on a trading volume which is constantly decreasing, the price of Ethereum has dropped with 11.17% so far, just like all of the major crypto currencies. For now, there are 3 indicators which have registered "oversold" positions and are indicating a possible "correction" of the price : * The RSI is 23; * The lower standard deviation of the Bollinger Bands...
Excepting the 15th of October when the price of Bitcoin has registered a "spike", reaching the level of 7803$ and having also a quick retrace, we could see a long period of 67 days when this one has oscillated between the minimum of 6119$ and the maximum of 6896$, with many traders who rushed with their optimist scenarios. And here we are, finding ourselves in...
Like most of the cryptocurrencies, Ripple was also affected by the drop in the market capitalization we could see today, losing 9.83% of it's value so far. Based on this higher volatility, we could see the price crossing the 20 days Moving Average and ending the 10 days interval in which the trend was bullish. At this stage, the RSI is heading slowly towards...
Based on the market capitalization which has dropped below $200 Billion for the first time in November, we can see again the market having an aggressive movement with Litecoin being one of the coins which are leading the drop. What can we see now from the technical perspective is the price which has reached the lower standard deviation of the Bollinger Bands...
Based on higher trading volumes, the price of Ripple has registered the 3rd consecutive day of growth, leading the “recovery process” of the major cryptocurrencies with an increase of 14.87%. Today we can see that the price has left behind the period in which has moved sideways and it also broke the Resistance Level of 0.5250$. At this stage, The RSI and the...
After the Bullish trend which started on the 2nd of November, it seems that we have a crossroads again, as long as we are about to register the 3rd consecutive day of decreasing and the price is now "testing" the 20 days Moving Average which has the same value as the Support Level 1 of 0.2435$ For the ones who will consider a higher level of risk, the basic...
The bullish trend has started on the 4th of November, once the price has crossed the 20 days MA and it was stabilized between the latest and the upper standard deviation of the Bollinger Bands. This trend was also confirmed once the price has failed to cross back the same 20 days MA, which in this case acted as a support level. From the technical perspective, we...
After it was dropping since the 8th of November, the price has managed to break the 20 days Moving Average for the first time in 4 days and it seems to start a slight sideways movement for the short term. From the technical perspective the RSI has a neutral position, the Stochastic is indicating that the price may decrease while, according to the MACD, we can...
After an increase of almost 56% since the 29th of October, it seems that the price of Bitcoin Cash has created yesterday another "peak" at the value of 648$. Although it didn't bounce back from the Resistance Level of 658$ the drop which started yesterday it's based on lower trading volumes and it seems to continue, as there are 3 technical indicators which are...
Since the 30th of October, the price of Litecoin has registered a growth of 17.98% but it has failed to break the Resistance Level of 57.47$, meaning that another "peak" has been created. So far, we have a similar situation with the one for Iota, where excepting the MACD which is still indicating that the price may continue to increase, the rest of the indicators...
After 3 consecutive days of growth, in which the price has been increased with 9%, the latter failed to break the Resistance Level of 0.5229$, meaning that another "peak" has been created. Excepting the MACD, which is indicating a possible continuation of the price increase, the rest of the technical indicators are showing the opposite scenario as it follows...
After after the price has reached yesterday a 10.10% growth it failed to break the resistance level of 218$ and it bounced back, finishing the day with 6.06% higher than it started. Looking to the upper standard deviation of Bollinger which has been crossed by the price, we can consider normal to have a slight decrease for now, as a "correction". But on the...
After the market went through a hard period, it seems that we are assisting to a slight "come back", with Iota being one of the coins which are leading the recovery process. The Stochastic's crossover on the 31st of October and the RSI's "oversold" position indicated these 3 consecutive days of growth but even if we had a price increase of 8.14%, the trend cannot...
After 2 consecutive days of growth in which it has tested twice the Support Level of 419$, the price has bounced back, following the sideways movement that started after the drop on the 11th of October. Even if the trading volumes are still very low, Bitcoin Cash remains one of the most volatile assets from the major cryptocurrencies, with a daily moving average...
Based on very low trading volumes, the price has started to decrease since 21st of October and it has also crossed the 20 days Moving Average, consolidating the bearish trend. At this stage, it seems that the RSI is heading slowly towards the "oversold" area while the Stochastic is indicating that there's no possible change of the direction for now. Also, the...