Ripple is the exact opposite to Ethereum, as XRP is the biggest loser today, its rate has decreased by more than 14% over the last 24 hours. On to the 30-minute graph, one can notice a formation of a Triangle pattern, according to which, the current level is the decisive one in terms of the trend formation: bullish or bearish. However, the RSI indicator is...
Although Ethereum is following the market decline, it is the only coin showing growth in correlation to BTC. Our Ethereum prediction came true, a correction to the broken channel boundary occurred. Ethereum quotes are looking similar to BTC movements, as ETH also corrected below its support level. Applying technical indicators, RSI is located in the neutral zone,...
A correction was predictable, as price volatility and volume dropped decently in recent days. We wrote about such a scenario in our yesterday BTC forecast, and, as a result a break in parabolic growth happened and the rate declined below $7,600. On the 1-hour chart, the quotes have gone below the support level at $7,320, where they are are located now. The RSI...
In terms of the technical analysis, our today BTC price prediction has already come true, due to the $7,900 decline. On the 4-hour chart, we see that yesterday Bitcoin suddenly left the level just above $ 8,300 to $ 7,600 with a sharp reversal. Thus, the leading crypto set a higher minimum, which is very pleasing to the bulls. If BTC/USD can set a new maximum,...
No one thought that Stellar Lumens would rise by more than 20% over the night - however, it happened. One of the possible reason for such a jump is that XLM holders can get an additional reward if they keep their coins on the Poloniex exchange. On the 1-hour chart, XLM has shown an abnormal growth, which is confirmed by the RSI indicator, that is overbought now....
Ethereum is not going to follow BTC’s example and continues giving profit to its investors. At the moment, the asset is trading 14% more than yesterday. Surprisingly, no vital news background has been announced. Regarding the technical analysis, our yesterday ETH forecast almost came true; only $2 needed for the quotes to reach $275. Quotes have struck the upper...
Our earlier forecast came true, and the main crypto could achieve the $8,300 mark. The formation of a bullish rectangle is now observed, with a yield above $8,400. But before that level is reached, BTC should touch $7,900 once again. A move up is also backed by the RSI indicator, which is in the neutral zone. Against this, the bitcoin dominance index is falling...
If we look at RSI, we will see that it is directed upwards above 70, which indicates a strong bullish movement. When the RSI is above 70, a large volume of purchases occurs on the market. We have a slight resistance of about $300 ahead, but since BTC was able to overcome many resistance levels without problems, the second largest cryptocurrency ETH follow the...
Ripple remains the biggest gainer, as its rate has increased by another 10% overnight. One of the possible reasons for such a rise is that Coinbase opened XRP trades for the state of New York. This news along with the overall market growth has pushed the coin capitalization to more than $18 bln. card Fortunately, our XRP forecast for yesterday did not come true,...
Influenced by the rather stable and rapid rise of Bitcoin, Ethereum is trying to keep up. The main altcoin is growing even faster than BTC. According to the daily chart, we continue to observe the development of an upward trend. Quotes reached the resistance line of the current corridor. Overcoming it will allow quotes to rise to the resistance level of the...
In terms of the technical analysis, our BTC price prediction has partially come true, as the price managed to reach $7,785, however, then a fast bounceback occured to the $8,000 level. On the 1-hour chart, we are still dominated by bull, despite the fact, that the trading volume has slightly decreased. The RSI indicator is neutral, meaning that a rise up might...
On the short time frames, Bitcoin is overbought to a certain extent, its quotes are looking down according to the MACD indicator. The formation of a Triangle figure is another figure that shows a possible rollback to the nearest support level as $7,785. The RSI indicator is between the 50 and 75 points, which is close to the overbought zone. Overall, we should...
Ripple is the altcoin of the day, as its price has increased by more than 20% when the trading volume has more than doubled over the last 24 hours. On the possible reason for such a jump is that German stock exchange Börse Stuttgart has added stock notes based on Litecoin and XRP to the listing. Regarding the technical factors, the coin is trading at the...
Our yesterday price forecast came true, and Ethereum broke the resistance at $200 and went even higher. Slowly but surely ETH is following the growth of Bitcoin. On the hourly chart, the asset shows steady growth after each movement down, and the quotes are trading in the ascending channel now. However, applying the RSI indicator, ETH needs to be corrected to...
The world’s top crypto has recovered about 25% of its market value, which for 12 months has decreased from near $ 20,000 (December maximum 2017) to $ 3122, reached December 15, 2018. At the moment, Bitcoin is testing the psychological $8,000 mark. In terms of the 1-week graph, Bitcoin may repeat the scenario of September 2017, when the price of BTC soared by...
When almost the whole crypto market was growing, the price of BNB went below $20, however, today, the situation is the opposite. At the moment, BNB is the leader among top 10 coins, as its quotes rocketed by more than 9% over the last 24 hours. On 4-hour time frame, the situation does not differ a lot, as BNB is still under bullish tendencies. The shows the...
Bitcoin Cash showed one of the most significant growth over the last weekends; its price soared by more than 30%, as it is outlined on the hourly graph. The highest peak was at $386 at the Bitstamp exchange. BCH is one of the best coins for manipulation, as its quotes are extremely volatile during any market movements. Regarding the possible price prediction,...
The most popular altcoin is not far behind Bitcoin. Last week, a testnet launch for Ethereum 2.0 took place, which contributed to the growth of cryptocurrency. The price of Ethereum achieved the $180 mark, as we forecast last week. Respectively, new support and resistance levels have been created, at $184 and $200 accordingly. Currently, the asset is located...