The hourly chart of the XRP / USD pair shows a short-term decline with resistance at $ 0.3270. The pair may start a significant downward movement if in the near future the value drops below the support level of $ 0.32. The cost of the Ripple XRP is currently being adjusted, given the position of the US dollar. Raising can not take place in case of a breakthrough...
Yesterday Ethereum broke several support zone, particularly an important one of $168. On the 1-hour chart we see a correction below $160 in the short term perspective. Positions of buyers now look rather weak. Even a slight increase in sales, may cause a decline to support $160. If the bears succeed in pushing through this level of support, then there is a danger...
The BTC’s rate has dropped below $5,100 this morning and now on the way the $5,000 mark. From a technical point of view, the BTC / USD pair has broken through the short-term trend line, which was at $,5246. If the course does not return above this area, in the near future, the sale may continue up to psychological $5,000, reinforced by simple moving averages SMA50...
Analyzing the 1-hour chart, one can see a pattern ’’Head and Shoulder’’, as the rate reduced to the level $0.085. However, the coin has a strong support at $0.082 and it is unlikely to break it. There is possibility of a come back to $0.09 as there are quite high trade volumes
The crypto market decline influenced the most the rate of Tron. Its price has been reduced by almost 10% over the past 24 hours. The quotes reached the positions of the previous week and now constitutes $0.0273. As we see, the TRX’s rate completely depends upon the mood of the market. In case of a bounce off, a level of $0.03 can be achieved again.
The price of EOS rolled back to the quotes of the beginning of the week, which are located in the corridor $5,5-$5,6. Despite the fact that Coinbase Pro added the coin to its listing service, it could not consolidated and followed the pattern of other coins. In the short term, the following main resistance is near $6. The price of EOS is trading at $5.64 at...
After the deviation near the level of $0.3780, the wave price was adjusted lower against the US dollar. The pair XRP/USD fell below the levels of $0.3700 and $0.3600. Later, the price bounced back and made several attempts to consolidate above the resistance levels of $0.3710 and $0.3740. However, buyers failed, and the price fell below the Fibonacci retracement...
A key bullish trend line was broken through with support of $177 on the ETH/USD hourly chart. The pair even rose below the support level of $175 and formed a new intraday minimum of $170.06. Analyzing the chart, the price of ETH clearly began a serious downward correction from the resistance of $184. Thus, there is a risk of a long fall below the support of $171....
Bitcoin was able to continue to grow after it dropped below $5,200. Although the price of the main cryptocurrency is rapidly growing, its significant jump over the past few days has brought it closer to the formation of the world's first intersection of simple moving averages (SMA) for 20-200 days from October 2015 - a formation that usually occurs with a massive...
Like the whole market around it, DOGE severely suffered from the crypto winter. After the recent outbreak on April 4, 2019, the price seems to be back for retesting the previous zone of resistance. It’s also worth noting that at the time of this review the price moves in a falling wedge, which is a bullish pattern. Although the price seems to be stabilized at...
Despite the fact that over the past 24 hours the price of Cardano has increased by 3.75%, the asset could not achieve $0.0900 and fixed at the support level of $0.0870. If the overall growth of the market continues, the price of ADA can comeback to its previous highs of $0.09 and above. The price of ADA is trading at $0.087 at the time of the writing.
Wednesday has started for EOS much better than for other top coins, as its rate increased by almost 4% just in 1 hour. Buyers even managed to push the price up to $5,80 which serves a strong resistance Their next goal should be a mark of $6. However, that's not how it always works. In order to keep the balanced growth, it would be better for the coin to...
The cost of the Ripple XRP is now in the resistance corridor between $0.3500 and $0.3540. The Ripple XRP price adjustment was previously downward, but still remained above the main support level of $0.3480. There are two possible price predictions for the rate of Ripple. If the price drops to $0.3480, then it can rebound and advance to $0.3700. In addition, there...
The Ethereum scenario is similar to the Bitcoin pattern. Buyers confidently control the situation after the pulse growth of the entire crypto market. The liquidity of control of customers is in the area of $151, while the key support at the current time is $160 - $155, this level is confirmed by the test and volumes after the fall and the rapid buy-off. Also an...
The imbalance of purchases after a pulse of growth remains, buyers confidently control the market. Key liquidity is concentrated within the following levels $4,900 - $4,750. This zone was successfully tested and kept up to date. Currently, prices are being pressed to the upper limits of local peaks within the control of buyers. Further growth is expected with...
The price of Bitcoin Cash fell by 6% to $301 and soon can return to the support level of $280, where we can expect to continue the growth rate with a potential goal near the line of $400. However, in order to reach that point, BCH first needs to fix above $300.
Litecoin keeps fighting against Bitcoin Cash for the 4th top cryptocurrency. Yesterday, Litecoin overcame the resistance level of $90, but failed to consolidate above the level of average prices EMA55, which on the hourly chart passes through the $91 mark. This morning, on small volumes, the LTC price rolled back slightly below support $87, reducing the total...
XRP has already tried to break through resistance at $0.37 three times in recent days. Now the coin is in the range where the resistance level is $0.375 and the support level is $0.345. The rate continues to consolidate within this level for the next breakthrough, which is likely to be a jump on growth, as the course is in an uptrend and the indicators indicate an...