While the quotes of other altcoin are increasing by 1% and more, NEO is stagnating, showing only 0.3% growth. On the hourly chart, the price of the coin has been declining and, supposedly, the bottom has been achieved at 0.001260 BTC. In terms of the short-term scenario, NEO is likely to locate in the yellow corridor, fluctuating between 0.001250 BTC and 0.001350...
DASH is showing more positive tendencies than TRX, as its rate has increased by 2.65% over the day. On the hourly graph, DASH broke the support line at 0.0116 rushed to the previous resistance levels. At the moment, the coin is located in an uptrend; however, it is earlier to talk about an upcoming bull run before DASh reaches 0.013 BTC. Traders might expect...
Even though the rate of TRX has been increasing for 2 days, it is too early to think about a reversal in the long-term perspective. Currently, the coin is located under bears’ pressure, and the possible breakout might occur when the level of 270 satoshi is broken. The relative high index of trading volume is the confirmation of the upcoming price rise.
Ripple can be considered as the biggest loser out of the top 3; its rate has dropped by more than 15% over the previous day. If the current market dump is a pause before a run for Bitcoin and Ethereum, for Ripple the situation is much worse. According to the chart, the rate rolled back to the levels of the mid-May, having confirmed the absence of a potential...
Ethereum is trying to keep with Bitcoin; however, its rate is declining faster. Currently, the top altcoin has lost 12% compared to its yesterday level. Even though the price of Ethereum has gone deeper than of Bitcoin, nothing as changed in the long-term scenario. The asset remains dominated by bulls until $250 is broken, and the MACD pattern, which has changed...
After touching $13,000 on some exchanges, the rate of Bitcoin has sharply gone down, having lost around 15% over the less than 24 hours. However, nothing critical happened - the leading crypto came back to the levels it was 3 days ago. On the hourly chart, Bitcoin is struggling a bounceback after new levels have been reached. The current price can be considered...
During the day the leading crypto jumped out of the ascending channel, setting a bearish lower maximum at $12,700. The price, however, soon rebounded from the previous support, which was at the level of $ 12,061, keeping the bulls in the game. A break above $12,700 will further strengthen the bullish position and allow the rally to levels above $ 13'000 according...
After the breakdown of the upper boundary of the descending channel, the second declining minimum at $12,061, was formed. On June 28, the first such bearish pattern appeared at $12,448. An unsuccessful attempt to overcome the mark of $12,000 was due to the declining of trading volumes, which continued even after the breakdown of the channel. The breakdown of the...
Cardano is almost copying price movements of Tron, showing even the same 2% growth. Cardano is looking overbought on the hourly chart, suggesting a slight correction to the level of 690 satoshi. However, the general uptrend has not been broken and reaching higher levels in correlation to BTC in just a matter of time.
Even though the quotes of Tron have been trading in the downtrend for some time, the current level is hope for TRX holders that the price might go up. On the 30-min chart, TRX is showing a possible breakout which will be confirmed when the price reaches 300 satoshi. Thus, the relevant high trading volume and bullish RSI confirm such scenario.
EOS is showing more positive tendencies than Litecoin, even though its rate has increased by 2% over the day. o the nearest resistance at 53,000 satoshi. The Fibonacci retracement is located in the red zone, suggesting the rise to 0.0005380 BTC (50%) in upcoming days. Moreover, the lines of RSI are looking upwards, which means that bulls are still dominating on...
While ’’digital silver’’ is stagnating in correlation to US dollar, it is showing about 4% rise against BTC. On the 4-hour chart, the quotes were declining for around 2 weeks; however, bulls have not taken the initiative so fat. The nearest forecast is a consolidation in the orange corridor 0.01 BTC - 0.012 BTC. The neutral RSI indicator confirms such a prediction.
Yesterday the Litecoin price touched the support in the area of $112 and started to recover afterward. In the evening, the recovery continued and buyers tested the resistance of $120 in the end. Now the pair is consolidating near $120 and is likely to test the four-hour EMA55 before the end of the day. If the level of average prices deploys a pair to decrease,...
Ripple is the only coin out of the top 3 which has not followed our earlier prediction, and its quotes have dropped to the $0.40 mark. However, against the background of Bitcoin and Ethereum, Ripple is doing much better, showing only 3% decline. Even though Ripple is not decreasing so fast as other major coins, the current level is not the bottom. According to...
Ethereum needs only $10 to reach $285 and justify our forecast made a few days ago. Even a record of reaching 1 Mln transactions per day could stop the leading altcoin from a fall below $300. On the 4-hour chart, Ethereum is following BTC’s price movements, showing a decline from June 26. However, one should not expect a dump to $250, as the RSI pattern is moving...
Despite the spectacular growth, which pushed the price to almost $14,000, a reasonable correction is taking place now. Currently, Bitcoin is following our recent scenario, and, if the downtrend continues, the rate might drop top the area $10,000-$10,300, as we predicted before. On the daily time frame, Bitcoin is likely to locate in the yellow corridor trading in...
On a daily time frame, the situation is different. Bullish structures from rising highs are still relevant. Also, MA 5 and 10 are still directed to the “north”. Thus, in a longer period, the path of least resistance still lies up.
Ripple is falling even faster than Bitcoin or Ethereum; its rate has dropped by more than 5% over the last 24 hours. On the hourly chart, XRP price decline from $0.46 to $0.42 just in 1 hour. From the technical point of view, the asset has found a bottom, and a bounce back is likely to happen soon. However, one should not expect a fast price rise to previous...