-XRP has risen over 140% in a month -Price is attempting to clear 4 month downtrend -If XRP fails to hold $1.20, a retracement may be underway XRP has stalled over the past few days as price has been getting rejected at XRPs 4 month downtrend line. After a strong push to nearly $1.35 last week, bulls haven’t been able to pull off a breakout to the upside....
-ETH has risen nearly 100% over the last month -Price has been forming an ascending channel -The 20MA has been holding as support for over 3 weeks Ethereum has shown immense strength after it successfully launched its “London” upgrade earlier this month. One of the advancements with this upgrade is that now ETH is burned from each transaction, essentially...
-XRP has been stuck within an ascending channel for 3 weeks -Price is being held up by 60 MA -Bulls are attempting to break 4 month downtrend XRP has been showing a great amount of strength over the last few weeks as prices have risen over 120% off the low set in July. A pressing lawsuit with the SEC has not stopped Ripple from continuing business or XRP from...
-SOL reached a new ATH of $80 this week -Price has formed an ascending channel -Bulls must break $77 to have a chance at another high Solana has been on an immensely strong bull run over the last week as prices have risen nearly 80%. With no end in sight, bulls have yet to lose their power. This comes along with two other major alt coins hitting a new ATH (all...
Bitcoin price regains ground above $47,000 after testing $44,000 crucial support mid-week. Roughly 111,000 BTC withdrawn from known exchange wallets, creating a perfect environment for Bitcoin to swing higher. Bitcoin has scared investors this week as it descended to $44,000. Earlier, the flagship cryptocurrency bounced off support at $45,000 and closed the...
-ADA has risen over 40% the last week -Price has been supported by 60MA -ADA has now formed an ascending channel Cardano has been one of the best performing crypto assets in the top 10 cryptocurrencies by market cap. Since the low of $0.017 was set in March of 2020, ADA is up nearly 14,000%. This is very impressive for a project that has yet to fully release the...
-Price has risen nearly 120% this week -The 50MA has held price up the entire run -Bulls now have to battle major resistance zone AVAX was consolidating within an ascending channel over the past 3 weeks before bulls came out & pushed price above the top trend line. Since the trend line break, AVAX has exploded to multi month highs. As BTC has been consolidating...
Cardano price extends recoil from recent support at $1.92, coming face to face with the stubborn hurdle at $2.2. The MACD is about to flip massively bullish, triggering gains to the record high at $2.5. IntoTheBlock’s IOMAP model reveals immense resistance ahead of ADA, likely to hinder the recovery. Cardano is trading in the green toward the end of the Asian...
-SUSHI has risen over 30% the last week -Price has been respecting an ascending channel -75MA will act as support if necessary Sushi Swap experienced great hype in the earlier months of this year but has since fallen a bit under the radar. Its main competitor, Uniswap, has still been holding well throughout the market as platform visits have been increasing over...
Ethereum price gradually loses ground to $3,000 as the MACD flashes a sell signal. The SuperTrend indicator spots a bearish signal, adding credence to the pessimistic outlook. Firm support at $3,000 will avert the potential losses to $2,800, thus allowing another recovery attempt to $4,000. Ethereum price continues to lose more ground mid through the week’s...
-ADA is still up 25% over the last week -Price has formed a descending channel formation -60MA is a potential bounce zone Cardano has had an amazing month as prices rose over 70% since the 1st of August. After such a strong push, ADA has started to retrace off near ATHs. BTC & ETH stayed steady the last few days which allowed many alt coins to go parabolic....
-ATOM is up nearly 20% on the week -Price has been stuck in ascending channel for weeks -50MA has been holding as support ATOM has been attempting a breakout over the last week as many alt coins have went parabolic. BTC & ETH allowed alt coins to begin a stronger revival as they both broke out of major resistances & downtrends. The market has been rising for...
Ripple price loses over 7% of the accrued gains in 24 hours, revisiting support at $1.1. XRP must surmount the resistance at $1.4 and $1.6 to pave the way for an upswing to $2. The MACD could flip bearish anytime as the 12-day EMA crosses below the 26-day EMA. Ripple closed last week at $1.35, a move that had spurred investor interest and speculation for...
-Price has surged nearly 60% in the last 24 hours -A new ATH was just set at $69 -RSI is extremely overbought SOL has had an amazing week as bulls have pushed price nearly 80%. This price movement comes as not much of a surprise as Solana was one of the strongest coins before the market started falling in May. Over the last two weeks BTC & ETH surged nearly 50%...
-LUNA has risen nearly 50% the last week -Price has been in an ascending channel for 3 weeks -50MA has been holding as support for 3 weeks LUNA has had a wild ride the last month as prices have risen nearly 350%. BTC breaking above its major resistance mark of $40,000 allowed Terra & other alt coins to explode off their lows. The overall cryptocurrency market has...
Bitcoin price rises to a three-month high at $48,000. Settling above the 200-day SMA seems to have braced the bulls for gains above $50,000. A conformed break past $50,000 will see bulls quickly shift attention to $60,000. Bitcoin price made another stride toward $50,000 during the weekend session. The trading last week came to a halt at $47,000, where bears...
-XRP rises nearly 77% over the last week -Price has just touched a 4 month trend line -RSI is becoming extremely overbought Ripple & XRP have been through a tough year as they have battled a lawsuit from the SEC & constant hate from other community members. Despite all of this, it has outperformed BTC & ETH along with many other cryptocurrencies the past month....
-BTC has risen nearly 65% off its low in July -Price has finally cleared the 200MA -RSI is printing a bearish divergence Bitcoin has finally broken out of its near 2 month range below $40,000. After nearly 3 months of boring downtrend, the bulls have awoken from their slumber & pushed BTC to nearly $50,000. The overall market has followed BTC’s lead as some alt...