Ethereum has lost nearly two percent in the past 24 hours, meaning the currency pair slows down its downside tendency. There is a possibility of a bullish correction. However, the price still stays below the descending trend line and we have a general downside tendency. Midterm outlooks still negative. The price is able to reach $453.24 support area at least. ...
Bitcoin still goes along the red midterm descending trend line and shows no sign of recovery. The currency pair established new lows on Monday meaning sellers still have control over the market. BTC/USD seems to aim at $6,510 in midterm. Let’s have a closer look at what is going on the Hourly chart. The price has jumped below $7,199 support area and is...
Zcash has lost nearly 9 percent in the past 24 hours. The currency pair is in a deep downtrend showing no signs of recovery. It slides down the red descending trend line and breaks one support area after another. Alternative text: ZEC/USD Hourly FIBO Let’s have closer look at ZEC/USD’s fluctuations. The currency pair seems to be unstoppable and falls down...
EOS has lost nearly four percent in the past 24 hours. The currency pair seems to be in a correction to a midterm downtrend. However, bears seem to control the market as the price is close to the descending trend line. EOS has tested the resistance area at $12.80 but failed to break it through and went downwards. The currency pair crossed 0.236 retracement...
Ripple has lost nearly six percent in the past 24 hours. The currency pair is above the descending trend line but bulls still seem to be unable to change the situation significantly as the price continues to slide down. Let’s have a closer look at the situation on the Hourly chart. Ripple followed the Orange scenario during the weekend, but started this new...
ETH/USD has lost over eight percent in the past 24 hours. It is still below the descending trend line meaning bears dominate the market. There is even not a single sign for future reverse as the price is unable to cross this midterm trend line. Let’s have a closer look at what is happening on the Hourly chart within the Fibo retracement. The price jumped off...
Bitcoin is still unable to get off the ground as the price continues to slide down the trend line establishing new lows. There are no significant losses in the past 24 hour as BTC/USD falls down for less than two percent. The currency pair managed to cross the descending trend line on Friday and followed the Green scenario. BTC/USD reached 1.618 retracement...
Hi there! IOTA has added more than six percent in the past 24 hours and is the true leader of Friday. The currency pair still holds bearish moods as the price is not far from the red descending trend line. Bulls are trying to change the situation by making a soft correction. The currency pair has managed to cross the red midterm descending trend line and...
Hi there! Litecoin still holds a downside tendency as the price is close to the red midterm descending trend line on the Hourly chart. LTC/USD has added nearly two percent in the past 24 hours as bulls have finally managed to make a correction. However, we still believe that Litecoin has some further downside potential. Litecoin had a correction on...
Ripple is one of the few currencies that is currently above the red descending midterm trend line. XRP/USD had a correction started on Wednesday, but it was not a deep one as the currency pair still has negative moods. Midterm tendency is still downside. Let’s have a closer look at what is happening within the Fibonacci retracement graphic tool. The price...
The currency pair is still below the red midterm descending trend line meaning sellers still control the situation. However, bulls are trying to counter attack and to develop a correction at least. Will sellers’ Great Wall prevent bulls from going higher? ETH/USD has negative moods generally and this scenario seems to be impossible in short and mid term...
Hi to everybody! Bitcoin still holds negative moods in general and the price is below the red descending trend line on the Hourly chart. BTC/USD went on correction yesterday and reached this trend line. However buyers are still unable to make a difference. We think that this negative tendency is likely to prevail in general in the next several days. Let’s...
The currency pair follows the others allies as it is in the downtrend now below the red midterm descending trend line. Zcash loses over ten 10 percent in the past 24 hours meaning this is the biggest loser of Thursday. Midterm moods remain bearish. Alternative text: ZEC/USD Hourly Fibo The currency pair is neutral in the short term as it stays between two...
The currency pair has lost nearly seven percent on Thursday and this is one of the worst results from Top 20. ADA/USD is below the red midterm descending trend line meaning bears still have the control over the market. Midterm moods still bearish. Alternative text: ADA/USD Hourly Fibo The currency pair has recently jumped off 2.618 retracement level targeting...
The currency pair still develops its midterm downtrend as it is close to the red descending trend line. However, it “feels” better than the most of its “colleagues” from Top-20 as XRP/USD declines for nearly two percent on Thursday. It seems like the currency pair has no clear short term tendency. XRP/USD had a bullish correction yesterday but buyers were...
Ethereum has suffered big losses again as the crypto declined for over than eight percent on Thursday. ETH/USD still holds its downside tendency as the price is below the midterm red descending trend line. There was a bullish correction on Wednesday, but buyers failed to develop its higher and retreated later. The currency pair established new local lows. The...
The currency pair still develops its negative midterm tendency as the price is below the red descending trend line. Bulls seem to be smashed down. Buyers had made an attempt to start a correction yesterday, but it was limited by $7,739 resistance area. BTC/USD has crossed 1.618 retracement level later and established local lows. Total losses in the past 24 hours...
The currency pair has lost more than 17% in the past 24 hours and is the greatest loser of the day from the Top 20. Bytecoin seems to follow its global downtrend as the currency pair returns to its historical lows. Let’s see what is going on within the Fibo retracement. The price has reached the red midterm trend line and jumped off it. IT is below the 1...