Once BTC’s rate has gone up, the price of Monero has lost around 2% of its price compared to its yesterday position. Monero has touched the bottom on the 1D chart, and a slight recovery might occur. The rising MACD indicator confirms such price movements. Analyzing the historical background, XMR suffered two bearish waves, followed by a sideways trend. The price...
Zcash is the only coin from our list which is located in the green zone. Its rate has gone up by 1.7% over the last 24 hours. From the technical point of view, the price is not going to recover due to the rising RSI indicator. Moreover, the trading volume keeps decreasing, suggesting the upcoming decline to the support at 0.0068 BTC.
Basic Attention Token is showing much more positive price tendencies, as its rate has almost not changed since yesterday. On the hourly chart, BAT is trying to get out from bears’ dominance and reach the nearest resistance at 0.000025 BTC. The technical pattern indicates the possible bounceback. Mainly, the lines of MACD have changed from bearish to bullish....
Bitcoin Gold has shown the biggest price decline out from the top 50 coins. Its rate has decreased by around 10% over the last day. On the 1H chart, BTG is facing a downtrend, and the coin has lost 10% of its price once Head and Shoulders pattern is formed. Although today’s price decline is a dump, Bitcoin Gold is not likely to recover fast. The RSI indicator...
Ripple is the ’top gainer’ today, as its rate has decreased by 4.6% over the last day, which is the least decline compared to other top coins. On the 1H chart, XRP is about to finish the formation of the Head and Shoulders pattern. In this case, the coin is going to retest the support at $0.30 in a few days. The declining trading volume confirms the bearish...
Ethereum is falling even faster than Bitcoin, going down by 4.5% over the last 24 hours. Currently, it is the biggest loser compared to other top 3 coins. The chief altcoin broke the support at $220 and now moving to retest the vital $200 mark. Analyzing the hourly chart, nothing can stop Ethereum from a further decline. The lines of the RSI indicator are going...
The leading cryptocurrency could not fix above $10,500 and now moving towards the psychological $10,000 mark. On the 1H chart, Bitcoin is looking bearish due to the low trading volume and declining MACD indicator. Respectively, there are no prerequisites for further growth. In terms of a short-term scenario, the price will be located between the support at...
Yesterday, July 18, sellers managed to drive the price into the yellow side corridor and set a local minimum at the point of $0.305 during the confrontation at the upper limit of the range $0.310. However, buyers were able to seize the initiative and the bullish impulse pushed the pair above the level of $0.320. At the moment of the writing, the trading volume...
Bitcoin SV is showing better price movements than BCH, although its rate has reduced by around 1% over the last day. On the 4H chart, BSV is trying to break the bullish trend and fix above 0.0140 BTC. In terms of the short-term scenario, the quotes might reach this resistance, however, Bitcoin SV is likely to go down afterward due to the low trading volume.
Our yesterday Bitcoin Cash forecast justified itself, and the price dropped below the 0.030 BTC level. On the daily chart, BCH has updated the bottom against, as the support at 0.030 BTC was broken. Regarding the nearest price analysis, Bitcoin Cash is likely to bounce back to the resistance at 0.035 BTC until mid-August. Such analysis is supported by the MACD...
Litecoin is the biggest gainer, as its price has increased by around 15% over the last day, which is the biggest index compared to other top 10 coins. On the 1H chart, LTC remains bullish and might reach the vital resistance at 0.01 BTC soon. The rising lines of the RSI indicator confirm such a scenario. On the other hand, Litecoin might retest the support at...
Our earlier Bitcoin Cash prediction came true, as the coin confirmed its bullish trend to the nearest resistance at 0.03050 BTC. Analyzing BCH against Bitcoin on the 1D chart, the asset is still located under bearish tendencies, which is confirmed by the declining MACD indicator. The nearest scenario is a consolidation in the yellow corridor between 0.028 BTC...
The quotes of EOS is trading in a similar pattern to TRX, however, it has lost its position in the global cryptocurrency ranking and now located on the 7th place. On the 4H chart, EOS does not show any reasons for growth due to the relatively low trading volume. In a short-term scenario, one might expect the coin in the range between 0.00037 BTC and 0.00046 BTC....
Tron confirms our recent price analysis, as it is too early to think about the reversal on the long-term perspective. TRX is not going to change its current trend, and one should expect a further decline. Although there is a rising RSI indicator on the 4H graph, the general market mood remains bearish with an upcoming downtrend to the level of 150 Satoshi.
On the 4H chart, the rate of Bitcoin Cash has been declining since the beginning of July, breaking all support levels. According to the current situation, the asset is about to enter the recovery phase with a bounceback to 0.035 BTC. The increasing trading volume and bullish MACD indicator confirm the positive tendencies of BCH against Bitcoin.
On the 4H chart, Ripple has touched the bottom and unlikely to drop below $0.29. The bullish MACD indicator confirms such a statement. Thus, RSI is on the verge of the oversold area, suggesting that sellers have run out of steam. In this regard, the quotes might reach the nearest resistance at $0.35 in a few days.
On the hourly chart, the rate of Ethereum has already faced two waves of correction since the beginning of July, when each time the price plummeted by more than 10%. Applying the current situation to the graph, one can expect a sideways movement in the range between $215 and $230 in a few days. The leading altcoin should not go the psychological $200 mark due to...
The quotes of IOTA is trading in a similar pattern to NEO. The price has increased by around 1% over the last day. Analyzing the hourly chart, IOTA has been dominated by bears with a slight rollback. Concerning the nearest forecast, the price might increase to 0.00003100 BTC, which is confirmed by the rising RSI indicator. In addition, trading volumes are also...