Bears seem to push Litecoin lower and take control over the market. LTC/USD has lost nearly seven percent in the past 24 hours. The currency pair is close to the red midterm descending trend line and goes along it currently, trying to test. The upside correction to the downtrend seems to be stopped and the price is likely to resume its downside tendency in the...
Ripple seems to resume its downside tendency as the currency pair is close to the red midterm descending trend line. XRP/USD has lost nearly nine percent in the past 24 hours. The currency pair has ended its upside correction as it touched $0.7022 resistance area and is likely to develop its downside progress in the nearest future. Let’s have a closer look at...
Ethereum has lost over ten percent in the past 24 hours. The currency pair holds bearish moods in midterm as the price is below the midterm descending trend line (red). There was an upside correction, but ETH/USD seems to resume its downtrend as the currency pair establishes new local lows. Let’s have a closer look at the situation within the Fibonacci...
The general picture on the Hourly chart demonstrates that Sellers still have control of the situation. The price is close to the midterm descending trend line. BTC/USD is likely to develop its downside progress in the midterm as there are no signs of a global reverse. The currency pair establishes new local lows. The correction towards the higher border of the...
Lisk is the true “leader of today’s losers” as the currency pair has lost nearly eight percent in the past 24 hours. LSK/USD seems to hold general bearish moods as the currency pair has significantly fallen from its May highs. However, Lisk managed to leave the red descending midterm trend line and is trading higher at the moment of writing. Let’s have a closer...
Litecoin has lost nearly two percent in the past 24 hours. The situation still looks bearish in general as LTC price has ended its deep correction and seems to retake downside direction. We have redrawn the red midterm descending trend line as the situation has changed. Bearish midterm scenario is still actual. Let’s see what is happening on the hourly chart...
The currency pair has lost nearly three percent in the past 24 hours. It seems that XRP/USD has ended its midterm downside tendency as it fluctuates with no clear direction currently. Ripple has left the red descending trend line and the green ascending one. XRP price seems to stay within a horizontal channel in the moment of writing. Let’s see closer what is...
ETH/USD has lost nearly four percent in the past 24 hours. ETH price is above the midterm red descending trend line, but is not far from it. ETH/USD seems to have a deeper correction to the global midterm downside tendency. Ethereum price will fall even deeper this correction will be confirmed. Let’s have a closer look at what is happening within the Fibonacci...
Bitcoin has lost nearly three percent in the past 24 hours. The currency pair, in general, seems to hold its downside tendency despite the fact that it demonstrates signs of a deep correction currently. We have redrawn the red descending midterm trend line as the situation changes all the time. Let’s have a look at the situation within the Fibo retracement...
The currency pair is one of two today’s leaders as it added nearly six percent in the past 24 hours. Cardano seems to feel good as ADA price moves along the green ascending trend line. However, currently, it is in correction. ADA/USD has crossed the support area at $0.2523 and currently loses its positions. Cardano price is still above the Ichimoku cloud meaning...
NEO has crossed the midterm descending trend line on the Hourly chart. The currency pair shows intentions to move even higher. We have drawn an ascending trend line as the currency pair seems to change its direction. NEO price is above the support area at $62.29 currently. NEO is far from the Ichimoku cloud meaning buyers are controlling the market. The possible...
The currency pair is the “loser” of the day as Zcash has lost nearly two percent in the past 24 hours. In general, it is still fluctuating with no clear direction as ZEC price has left the Ichimoku cloud but has no momentum. Zcash is in the middle of two levels. ZEC/USD is above the support area at $325.81 and below the resistance area at $366.65. The possible...
Ripple has added nearly two percent in the past 24 hours and seems to be optimistic in the beginning of a new week XRP/USD jumped over the red descending trend line on Friday and started to move along a new ascending trend line aspiring to develop an upside tendency. XRP price is far above the Ichimoku cloud meaning buyers are controlling the market. The possible...
Ethereum follows the other allies as the price moves along the green ascending trend line. The cryptocurrency has added 0.61 percent in the past 24 hours. ETH/USD jumped off the red descending trend line on Friday and shows bullish moods since. The currency pair is far above the Ichimoku cloud meaning buyers are controlling the market. The possible scenarios for...
Litecoin has added its modest 0.77 percent in the past 24 hours. However, as for the situation in general, LTC/USD seems to be more optimistic than on Friday as LTC price is above the red descending trend line and moves along the green ascending trend line. Currently, LTC/USD tests this line and has an opportunity to move below it towards the Ichimoku cloud. The...
The currency pair took off the red local descending trend line on Friday and went upwards. Bitcoin has broken through the Ichimoku cloud and managed to move even higher. We have drawn a green ascending trend line which support the uptrend currently. BTC/USD has double tested the resistance area at $8,526 but still fluctuates below this level. BTC price is far from...
DASH is the second “leader” of the day as the currency pair has lost about 7.12 percent in the past 24 hours. DASH/USD has reached the local lows today and has found support at $374.77. The currency pair jumped off this line later. DASH has almost reached the local descending trend line (red) but is still below it. DASH price is below the Ichimoku cloud meaning...
The Internet of Things project’s cryptocurrency is one of two true “leaders” of the day as it has suffered significant decline and has lost about 7.62 percent in the past 24 hours. The currency pair reached new local lows at $1.68 area. IOTA jump off this support level later and almost touched the local descending trend line (red). IOTA price is far below the...