On Thursday, December 19, we could not see a continuation of the good performance by the XRP and the coin once again corrected its price, this time to $0.187. The last day of the workweek brought another positive session for buyers as neither they nor bears were able to establish a trend. The XRP/USD pair closed at $0.194, right in the middle of the $0.20 -$0.19...
Bitcoin coin hit the $7,000 support on Saturday, December 14 for the first time since November 27, but managed to keep above this important support level. It successfully rebounded from the above-mentioned level on Sunday and closed the week in green, at $7,113. Still, it was 5.5 down on a weekly basis. The most popular cryptocurrency opened the new trading...
The trading session on Thursday was quite volatile and the coin was moving in the wide range between $0.223 and $0.213. It finally stopped at the previously mentioned support of $0.218. Sellers made another attempt to break towards $0.214 on Friday, December 13 but without success. The XRP token ended the workweek with a green candle to $0.22. The weekend of...
The Ethereum Project token moved North to $151 on Sunday, December 8 and successfully returned to the $150-$152 support zone. The coin started the new trading period on Monday with a correction to $147. It formed the exact same candle, but in the opposite direction, erasing all gains from the previous day. The ETH/USD pair continued dropped further to $145 on...
The XRP/USD pair peaked at $0.232 on December 8, but could not confirm its position in the middle of the $0.23-$0.235 zone. The "ripple" was rejected around $0.231 on December 9, which led to a break below the short-term uptrend channel. Looking at $0.218 as next point of support before $0.214 - a level that triggered the last upward movement
The “ripple” dropped to $0.214 on Wednesday, December 4 after trading in the $0.226 - $0.209 zone. The efforts from buyers were not enough to help re-enter the uptrend channel and the XRP/USD pair continued with its disappointing performance. Things started to change on the fourth day of the workweek when the popular cryptocurrency finally showed some signs of...
The BTC/USD pair opened the new seven-day period with a third consecutive red candle on the daily chart. The coin erased another 1.5 percent of its value and dropped to the $7,300 zone. If we draw a Fibonacci grid taking as a starting point the last low we hit in December 2018 (which was $3,122) and follow-up the last bull run all the way up to $13,860 in June...
On Thursday, November 28, BTC bulls did not have enough to escape from the downtrend channel and were rejected at $7,674, which led to a drop to the newly established support around $7,425. The coin found stability there and avoided further decline. On Friday, November 29, bitcoin added 4.4 percent to its value and moved all the way up to $7,753. The situation was...
Bitcoin lost another 6 percent of its value on Sunday, November 24 and stepped down to $6,898. The coin closed the week 19 percent lower compared to the previous seven-day period. The trading session on Monday, November 25 started positively for bulls as the BTC/USD pair climbed up to 7,133. It successfully regained positions above $7,000 and added 3.4 percent...
The Ripple continued to slide and made another step-down, this time to $0.243 on Thursday, November 21. The Friday session was a little catastrophe for XRP as it followed the general crypto market trend and fell to $0.23. The 5.3 percent drop resulted in a third-consecutive red candle on the daily chart. The coin briefly touched $0.222 during intraday. The last...
On Thursday, November 21, Bitcoin formed its fourth consecutive red candle and lost 5.9 percent to close at $7,611. Bears smashed through the $8k barrier as the whole crypto market was bleeding severely. The last day of the workweek came with yet another disappointment for buyers. The most popular cryptocurrency dropped to $7,269 and erased another $342 from its...
The most popular cryptocurrency fell off a cliff on Monday, November 18 and started the new seven-day period with a drop to $8,172. It lost 3.9 percent of its value and almost broke below $8,000 during intraday. The 50% Fibonacci level at $8,454 cracked under bear pressure and we were already eyeing the above-mentioned level as the next line of defense. On...
The support line of $0.27 was finally broken on Thursday, November 14 when the XRP token fell to $0.267. The move was followed by another losing session on the last day of the workweek as the popular cryptocurrency lost 2.6 percent of its value and stopped at $0.26. Even though bears managed to push the price all the way down to $0.251, they were later rejected...
We were not expecting big moves in the green zone for the coin unless a proper consolidation was in place to trigger an escape from the $180-$190 area. This was even more obvious on Thursday, November 14 as the Ethereum token continued to slide and retreated to $184. We witnessed another sharp drop in price on the last day of the workweek. The coin closed at...
Bitcoin remained in its downward channel on Thursday, November 14 and erased another 1.4 percent of its value closing at $8,631. The BTC/USD pair continued to slide on Friday, November 15 and ended the day with a loss to $8,454, perfectly hitting the Fibonacci 50% as previously predicted. The first day of the weekend brought back some positive vibes to the charts...
Bitcoin climbed above the $9,000 mark on Sunday, November 10 and ended the session at $9,029 with a 2.5 percent increase for the day. Still, it was 1.9 percent down on a weekly basis. The most popular cryptocurrency opened trading on Monday, November 11 with a huge red candle on the daily chart after bulls were once again rejected around the above-mentioned...
On Thursday, November 7 it was bear's turn to act on ETH. The coin dropped to $186 while erasing 2.6 percent as it was unable to hold above $190 for too long. The last day of the workweek came with further decrease, this time to $183. The ETH was trading as low as $180 during the day session. The ether was moving in the $180-$190 range since October 26 as both...
The most popular cryptocurrency opened trading on Monday, November 4 with a 2.3 percent increase and a green candle to $9,423. It peaked at $9,597 during intraday and successfully broke above the 38.20% Fibonacci level. Bulls, however, were not able to hold their territory and retreated to $9,311 on the next day, Tuesday, November 5. We saw the BTC/USD pair...