The cryptocurrency continues its growth, and the main idea was to grow by the width of the broken upward channel. As we see, the market has successfully fulfilled such a goal. At the moment, one can expect a decline and a test of the lower limit of the rising channel at $285. After that - continued growth with a potential target of $416. The MACD indicator...
The weekly chart details key support and resistance levels at $11,500 and $13,700, respectively, with the result that closing above or below these zones will determine the direction of the trend, either price rise or a rollback. Our yesterday scenario came true, as the expected rollback below $13,000 occurred. Since the beginning of the new year, there has been...
Ripple, as well as Ethereum keeps trading according to our yesterday prediction, locating in the range of $0.45 and $0.49. The price of XRP has almost not changed over the last day, increased by only 1%. Analyzing the long-term perspective of XRP rate, it is seen that the general mood remain bullish, and the asset has all chances to achieve $0.50 in the first...
Our recent Ethereum price forecast more than justified itself, as the asset has not just reached $320, but surpassed this market and could peak above $330, where it is located now. The chief altcoin is trying to keep up with Bitcoin, and it is succeeding in it to a certain extent. Analyzing the hourly chart, ETH jumped from $316 to $336 just in 1 hour....
The rapid growth of Bitcoin continues and it is not yet clear what can stop it. On the night of Wednesday, June 26, the price of the first cryptocurrency not only exceeded $12,000, but also came close to $13,000 (+ 13.5% in the last 24 hours). On the hourly chart, Bitcoin is looking overbought, which is confirmed by the RSI indicator, which has peaked above the...
Litecoin rolled back to the corridor $130-$135. On the 4-hour chart, LTC is looking bearish even when trading volumes are not going down. The lines of the MACD indicator are looking downwards, signaling the correction to around $130. The Fibonacci retracement is in the green zone and one can expect the bottom at $131 (23.6%).
Ripple is moving according to our yesterday forecast; its rate has increased by 1.6% over the last 24 hours. On 30 minute graph, Ripple is likely to locate in a sideways trend in the range between $0.4520 and $0.49. The technical patterns back such price movements of XRP. Mainly, the MACD indicator is near its local maxima, and RSI remains neutral. While the...
ETH quotes also moved higher, catching up behind Bitcoin; however, the leading altcoin is losing its value in correlation to BTC. According to the 4-hour chart, bulls are not going to give the baton to bears. Comparing Ethereum with Bitcoin, the second most popular crypto has lost around 50% of its price over the last year. Respectively, the current rate is not...
Currently, Bitcoin is not following our earlier scenario, as the quotes are located above $11,000. While trading above $10,000 the main cryptocurrency has not faced a correction, suggesting a possible rollback soon. On the daily chart, one can expect a sideways trend and fixing above $10,000. Such a movement confirmed by the trading volume which is in...
Ripple followed the scenario outlined in our recent forecast, as the $0.46 mark was reached. Even though the price of XRP is falling now by around 2%, it has shown an enormous 13% growth over the last 7 days. XRP is looking much stronger than Ethereum or Bitcoin on the 1-hour chart. After breaking the level of $0.40, Ripple quickly achieved $0,45 and could even...
If $10,000 is the critical level for Bitcoin, then $300 is the psychological point for Ethereum. Our earlier ETH price prediction came true, and the top altcoin could lift above the $300 mark. Even the recent news about upcoming the transition to the Proof-of-Stake (PoS) consensus mechanism could not stop the price from falling. On the hourly chart, Ethereum is...
After a strong rally, BTC was below $ 11,000 and $10,800. However, the level of $10,400 acted as a decent support, and the minimum level was formed at the level of $ 10,363. The price is currently moving higher, and BTC is trading at around $10,700. It is above the Fibonacci retracement level of 23.6% of the recent correction, from a maximum of $11,234 dollars to...
Over the past six days, Bitcoin 4 times (Sunday, Monday, Thursday and Friday) updated the annual maximum. Today, the price of a world’s top crypto has reached another thirteen-month high at the level of $9,820. Although Bitcoin is following our earlier scenario, the indicators are showing market overheating and if the trend is not strong enough to continue...
Ripple has been the least fluctuated asset over the last night compared to Bitcoin or Ethereum. Its quotes have increased by only 1%. On the 30 minute graph, Ripple is still under the bearish mood, locating below the peak at $0.46 formed on June 17. Regarding the short-term scenario, XRP is likely to be in a sideways trend in the yellow corridor $0,4360-$0,4410...
Our Ethereum price prediction came true and the leading altcoin has gone up by 6% over the last day. Currently, it is the biggest growth index out of the top 5 asset. Ethereum is looking more bullish than Bitcoin and the technical picture confirms this. On the 4-hour chart, ETH is located in the ascending channel and the current levels are not the peaks. The MACD...
It looks like Bitcoin is not going to follow our yesterday forecast, as the leading crypto has set new maximum of 2019. The rise has made up around 5% over the last 24 hours. On the hourly chart, Bitcoin has been located in the uptrend for more than 10 days without a serious correction. In this regard, one should expect a slight rollback to the nearest support...
Against the sideways trend on the market, Ripple is not giving up the acquired positions so fast. On the hourly chart quotes pushed off the resistance level. As the main trading idea, traders can expect a test of the lower boundary of the channel and continued growth. An additional signal will be the next bounce from the uptrend line on the RSI indicator. The...
Ethereum keeps trading above the upper boundary of the rising channel and our recent price prediction is justifying itself at the moment. On the hourly chart a harmonious trading model “5-0” is being formed. As part of this pattern, Ethereum is expected to drop and test the lower boundary of the channel at $255, and then a rebound and continued growth with a...