Neironix

Neironix

Ripple / USD, looks interesting for buying. . Technically, we have updated a new low, at which an extra volume is observed, after which statistically in history we see at least short-term upward movements. In addition to this, the RSI indicator is confidently in the oversold zone, which also strengthens the position for purchases. . Considering the price-action, a...

Neironix

Bitcoin continues to decline. Its support level in the area of $ 7,200 - $ 7,400, which also coincided with the Fibonacci level of 0.618, could not restrain sellers, and the price rushed lower. Now the price has fixed below the support zone of $ 7,200 - $ 7,400, which tells us that really interested buyers haven`t yet appeared in the market — if they had, they...

Neironix

The price of bitcoin after a long systematic downwards decline over the past day has fallen sharply by $ 700 (-8%). The fall is due to the negative fundamental background and the weakness of buyers who have not stepped up in the support area of $ 8,200 - $ 8,400. . The fundamental causes of the fall: - “The surrender of miners” on the eve of halving: bitcoin...

Neironix

Last week, Ethereum held much better than many other top cryptocurrencies, and previously traded in the side corridor ($ 178 - $ 192), but buyers still could not go above it or even stay in it. The price moved down and broke through the formed support level of this side corridor ($ 178 - $ 192). Now the price is trading under the support level of $ 178, which is...

Neironix

Bitcoin continues to gradually descend in a formed downward wedge. In the classical understanding of technical analysis, this wedge should be broken up, but now every second trader sees this figure on the chart — because of this, it`s not a fact that everything will happen as simple as most people expect. . Technically, we trade under the Fibonacci level 0.618,...

Neironix

Monero, both technically and fundamentally, looks like a good asset to consider buying it. . Fundamentally: A hard fork is expected at the end of November (November 30). Monero is going to activate an update in its blockchain aimed at increasing the privacy of RandomX users (the new Proof of Work algorithm). The transition to the new RandomX algorithm is aimed...

Neironix

Bitcoin that has been recently traded in the side channel of $9,000 - $9,600, has broken through the support level in the area of $9,000 and rushed down, having reached the previously calculated 25% margin level for futures with CME exchanges. After that, we saw a rebound and a retest of the previously broken support level, which is acting as a resistance level...

Neironix Updated 

The price of many cryptocurrencies continues to go sideways. Ethereum approached the upper border of its price range. We see two paths of action: 1) Trade for a breakdown of the resistance level , set up buy orders by level and try to grab an impulse, if any; 2) Try short positions, open sales with a short stop order. We have a good bearish divergence on the RSI...

Neironix

After a good upward movement on the weekend, a huge gap has formed on the CME exchange. According to statistics, such gaps are covered in 90% of cases, therefore, we consider a short-term movement in the region of $ 8,500 - $ 8,700, where there is also a good local support level combining with the Fibonacci level of 0.618.