EOS reached June lows but retreated from there as bulls have built strong support line. The currency pair seems to start a correction currently. EOS/USD has added more than two percent in the past 24 hours. The currency pair tested the support area at $6.65 but failed to decline lower. EOS reversed and moved higher. The currency pair managed to jump over the...
Ripple reached June lows and makes a U-turn there. The currency pair has lost less than one percent in the past 24 hours as its downside tendency slows down significantly. We think that bulls are now in the game and they are going to develop this upside correction in the nearest future. Ripple Has reached the support area at $0.4232, but bullish defensive line...
Bears were trying to develop their progress in the past couple of days but had not enough power to do it. The price remained almost unchanged in the past 24 hours meaning bulls have built strong support line there. Ethereum reached the support area at $417.28 but retreated from there. The price returned above the $31.42 line. The bearish Flag worked, but we think...
The currency pair went downwards according to the bearish scenario but failed to reach June lows and makes a U-turn currently. Bitcoin losses for the last 24 hours are non-significant and BTC/USD shows signs of a correction. Bitcoin has successfully broken through the support area at $6,329 in the past couple of days and moved lower. The currency pair reached...
Qtum has broken through the support area at $8.2628 on Tuesday and developed its decline later. The currency pair has lost more than one percent in the past 24 hours. There is no clear direction currently as the price is close to June’s lows and we think bulls have prepared a huge support there. The currency pair fluctuates close to the support area at $7.4706 in...
IOTA fluctuated within a narrow range on Wednesday and remains neutral and Thursday. The situation is unclear as the currency pair is close to June’s lows. Neither bears nor bulls control the market. The currency pair has broken through the ascending trend line on Tuesday and has successfully tested the support area at $1.0145 on Wednesday. There is no clear...
NEO stopped to decline on Thursday. The currency pair is in flat currently. NEO/USD has lost almost two percent in the past 24 hours. However, the situation remains neutral as bulls and bears have found balance. NEO has broken through the ascending trend line and declined towards the support area at $32.31. The currency pair attempted several time to test this...
Litecoin fluctuated in a wider range on Wednesday. Litecoin added half a percent in the past 24 hours, but situation remains neutral. Neither sellers nor buyers control the market currently. Litecoin has successfully tested the ascending trend line on Tuesday and has broken through the support area at $78.62 later. The currency pair stays below this level...
Bitcoin Cash has broken its uptrend during Tuesday-Wednesday and declined. The currency pair added almost nothing in the past 24 hours as we have a very narrow flat situation on the chart. It is hard to say whether bulls or bears are going to take control over the market. The currency pair has broken through the green ascending trend line and successfully tested...
NEM has lost almost seven percent in the past 24 hours. The currency pair has broken its uptrend and seems to target June’s lows. Bears control the market currently and are able to develop their progress. The currency pair went downwards on Tuesday and retreated from $0.1873 area. XEM/USD reached the next support at $0.1682. It fluctuates there in the moment of...
EOS has lost almost seven percent in the past 24 hours and looks bearish. The currency pair changed its tendency and is able to reach June’s lows in the nearest future. EOS/USD follows its the allies as the whole market suffers from negative news. EOS has broken through a couple of support areas at $8.29 and $7.65 and seems to develop its downtrend. The currency...
Ripple follow the other major cryptocurrencies on its way downwards. The currency pair has lost more than four percent in the past 24 hours but shows some signs of further downtrend to develop. XRP/USD targets June’s lows and is able to reach them in the nearest future. Ripple went downwards on Tuesday and crossed a couple of support areas at $0.4744 and $0.4495....
Ethereum went downwards on Tuesday as the currency pair has lost nearly seven percent in the past 24 hours. This is a bad news for buyers as Ethereum targets June’s lows currently. The uptrend was broken and we can see that Ethereum still has some potential to develop its downtrend. The currency pair has made a breakout of the green ascending trend line without...
Bitcoin loses more than five percent in the past 24 hours. The currency pair has broken the uptrend and targets its month lows. Sellers are controlling the market currently and are able to push BTC/USD even lower as we can see some upcoming bearish signals on the chart. As for the current situation, Bitcoin successfully tested the ascending trend line from the...
QTUM follows the other cryptos and feels bad on Tuesday, but we think that the currency pair still looks promising and is able to change the tendency in the nearest future. The currency pair has lost more than six percent in the past 24 hours. QTUM tested the resistance area at $9.23 on weekend but bears were stronger than bulls and prevented them from...
IOTA made significant progress last week but lost its positions. The currency pair looks negative currently as it losses more than five percent in the past 24 hours. However, we think that bulls still have power to resume the uptrend. The currency pair reached the resistance area at $1.1321 during the weekend but failed to hold those positions and went downwards...
Litecoin stopped to develop its upside progress during the weekend and started a correction. The currency pair still have potential but bears hold their position preventing buyers from getting higher. However, we think that LTC/USD is able to resume its growth in the nearest future. Litecoin reached the resistance at $84.44 during the weekend but failed to break...
Bitcoin Cash develops its correction on Tuesday as the price loses more than two percent in the past 24 hours. Bulls seem to take a rest for a while but they are still holding their positions giving no room for bears to reverse the trend. The currency pair reached the resistance area at $783.7 during the weekend, but retreated from there. BCH/USD reached the...