Litecoin is the current market leader. Forget about Bitcoin or Ethereum, they are lagging behind.
There's a new kid on the block and it's kicking ass. SINCE 2011!!!
Litecoin has done what no other coin did this past week... a BREAKOUT!
HOLY CRAP. This is important.
I hear rumors that LTC and similar proof of work coins may get some positive regulation on...
Despite the news articles calling crypto dead, there is one coin that is NOT IN THAT CATEGORY.
It's called Bitcoin.
Bitcoin is not crypto, there is a big difference here. Rather, crypto could be seen as a spin-off from BTC. In many ways crypto failed to deliver for quite a lot of people, particularly in this bear market. Traps, scams and rugs everywhere.
ADA just made a lower low. Moreover, it broke BELOW a key support from May 2018!!!
This spells disaster for the price which could fall all the way to 17 cents!
This would make ADA correct almost 95% which is similar to ETH in 2018...
The chart is extremely bearish and based on this latest price action, ADA seems to have been late to correct by over 90% in...
Bitcoin's price action suggests the market may be transitioning towards a new trend, one which could put an end to the current bear market.
The price has been consolidating above the $18k support level for over three months. Is this the start of a reversal?
The indicators on the weekly and monthly timeframes suggest that the worst is behind us which could...
XLM is lagging behind XRP in terms of price action. You can call it the little brother of XRP.
XRP consolidated in a similar channel and then broke out with a 50% pump.
I expect XLM to rally hard once it breaks this channel. The price action and volume show that buyers are interested.
My bias is bullish on this price action. Not sure why XRP and XLM are...
"Duo, ATOM price looks juicy, should I buy?"
"But why - I want to FOMO!"
Do you see that uptrend? The price broke below it... it's over. What you can expect is a... DOWNTREND or a significant correction.
Not only did ATOM break its uptrend, it also broke below the key support at $13.
Also, check the MACD on this 3-day timeframe. It's about to flip...
Do you see that 1-2-3-4-5 Elliot wave structure?
Wave 5 is not completed and the price hangs by a thread before disaster hits if this support at 18k falls.
Such a breakdown is likely in my opinion and could quickly take BTC towards 14k before the price bottoms and it reverses.
If that happens, panic and blood will be on the street. This is when YOU BUY. An...
Vertcoin has done a fine job testing that resistance at $0.23. If it continues to put pressure on it, I expect it to break and open the way towards 40 cents, which is the next key target.
The indicators are bullish on this weekly timeframe and the price action is making higher lows and highs... which is exactly what you want to see.
Miners also jumped on VTC...
XRP broke its range and rallied hard ever since.
Now facing resistance at $0.50 level. Break that and we have a runner.
But let's not get ahead of ourselves, this is a major resistance level, won't go down without a fight and looking at the macro... XRP is an outlier.
Unless the bankers are planning to FOMO into XRP or some central bank will use Ripple for...
Bitcoin failed to reclaim the 200 Week Moving Average (dotted line in blue). That can't be good, can it?
Hence, BTC has continued down ever since with lower lows and lower highs. This is BEARISH.
The price is now at a critical level. It may try to reclaim $20k, but if it fails, then the price will likely retest the all-time low this year at $17,622...
KuCoin Token lost the bullish momentum in mid-August and since then it's been a non-stop downtrend for its price.
After being rejected at $11, KCS crashed to the key support at $9.3. Later, it failed to recover and fell back lower to $8.8 which is our current support.
If buyers can't stop the downtrend here, then the next key support is at $8.3.
Momentum has been fading for some days now and Bitcoin is at a critical point. Can it hold on or will it fall under this bearish wedge?
Both the price action as well as the indicators give a bearish bias in my opinion and a drop is likely. Buyers would need to come in force to turn this price action around.
For now, volatility remains low, but this will likely...
As expected KuCoin Token has lost the uptrend after some clear bearish signals earlier this week. See below the past idea.
Now the price is expected to test the support at $10. If that can't hold sellers, then the next key level is at $9.3. The resistance remains at $11....
KuCoin Token attempted to move above $11, but failed to break this level.
For this reason, the uptrend appears in danger now which has lasted since July.
If buyers don't step up soon, then the price could fall to the key support at $9. The momentum is also fading as shown by the indicators.
MACD + RSI is showing a bearish divergence. Volume is not great, but...
Vertcoin is starting to move after finding good support just above 10 cents.
With the ETH merge due in a month (15 September). Proof of Work coins may have their own rally, this includes Vertcoin.
Why? Because billions worth of mining equipment will point to new coins after September. One of them can be VTC.
The price action support this hypothesis and the...
I hear some SOL wallet providers got their database compromised and lost the private keys to thousands of their users.
Hackers were then quick to proceed and liquidate the funds by draining said wallets.
Welcome to crypto.
As for SOL's price. It took a beating, if it won't hold inside the triangle, it will go to $35, possibly lower.
Gold appears ready to break away and enter a new rally toward $2,000.
If China invades Taiwan, then a similar price action can follow like February / March when Russia invaded Ukraine.
At that time Gold rallied 10%!
MACD about to flip bullish on 3-Day timeframe...
Looking juicy. Bias is bullish.
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