Despite the majority of the crypto currencies that appear to be moving slowly but surely at lower prices, Tron is about to register the 7th consecutive week since the trend is on the rise. Thus, we could see how the price went above the 20-day moving average by mid-December, recording an increase of about 0.0069$ (or 34%) since then, based on some trading volumes...
After it's last failed attempt of crossing the 20 days Moving Average on the 20th of January, the price of Cardano seems to be set to continue it's bearish trend, influenced by the low demand for the coin despite it's very well looking project. Since the 1st of January, the coin has registered a loss of 0.0029$ (representing only 6.90% from it's initial value)...
As we have mentioned on the previous post about Ethereum, the price has registered a bearish trend since the 10th of January, once it crossed and stabilized below the 20 days Moving Average, with it's daily range movements decreasing as well. Like before, the RSI and the Stochastic still have "oversold" positions and on top of this, we can also add the position...
The end of the year has represented a good period for Iota, with it's price increasing from 0.2506$ on the 17th of December to 0.3726$ on the 10th of January, registering a total growth of 48.63%. Although the odds were looking favorable, the coin was pressured afterwards by the drop of the market capitalization, with the investors being concerned more about the...
Since the 10th of January, once the price has crossed the 20 days Moving Average and the Bearish trend on a daily chart has begun, the price of Ethereum has registered 12 consecutive days in which it has been moved sideways with an average daily movement of 11.2$. At this stage, it is traded below the Pivot Level (Average Price) of 125.53$ and it also had 2...
After 2 failed attempts (on the 20th and 21st of January) of changing it's direction, the price of Tron has bounced back from the 20 days Moving Average and it has registered 3 consecutive days of growth, continuing it's bullish trend. Another important thing to mention is that the price of Tron has failed to break yesterday the Resistance Level of 0.0275 but it...
In the last 18 weeks, the price of Ripple has lost almost all of it's growth registered on the 17th of September, (day in which it has doubled it's value) based on the trading volumes which have been inconsistent. And even if the evolution of the trading volumes oscillated, the trend of these ones remained negative and we can say today that the price of Ripple is...
After several failed attempts of crossing the 20 days Moving Average and changing the trend from bearish to bullish, we all remember the big drop which happened in November when the total market capitalization has significantly decrease and Bitcoin lost almost 44% from it's value. Since then, we could see a period in which the price has been moved sideways...
After 24 days of bullish trend, not only that the price of NEO has crossed back the 20 days Moving Average but this trend change has been also confirmed by the red candlestick which was created on the 11th of January. Since then, the price had 2 attempts of crossing the same level again but because of the low trading volumes both attempts were failed. On top of...
Out of the major coins, the one which had the most aggressive price drop was Bitcoin Cash by far. Based on a market capitalization which has decreased significantly, the fundamentals also played an important role and these ones were not good at all. In more than one month, the price of Bitcoin Cash has dropped from 627$ (value which was reached on the 6th of...
After a period in which the trend was considered bearish, because the price was between the lower standard deviation of the Bollinger Bands and the 20 days Moving Average, this one has crossed the latter and based on higher trading volumes it created a "break out" from the trend channel and also went through the first Resistance Level of 3463$. From the technical...
After 29 days of a bearish trend and a drop of 36%, the price is finally going through a better period and is about to register the 3rd consecutive day of growth. Another important detail is given by the crossover of the 20 days Moving Average meaning that, according to the Bollinger Bands, we are assisting to a trend change which can also be confirmed if the...
Based on the market capitalization which has started to recover from the ground which was lost, the Ethereum also followed the rest of the coins and it's price has increased with 64.21% since the 14th of December (from 82.99$ to 136.28$). The bullish trend has "officially" started on the 18th of December, as soon as the price has crossed the 20 days Moving...
Same situation with Cardano. Once the market capitalization has started to recover from the lost ground, it's price has started to increase since the 16th of December from 0.0268$ to 0.0430$ and has registered an growth of 60.44% until now. But the beginning of the bullish trend was registered on the 17th of December, once the price has crossed the 20 days...
Like the rest of the coins, EOS managed to recover some of the losses in the last 10 days, with it's price being stimulated by the total market capitalization which seem to go through slight recovery process, at least for the moment. The Bearish trend of EOS has started on the 13th of November and in more than one month, the price has dropped from 5.46$ to 1.56$,...
On the 14th of November, the Ethereum's price has started to decrease aggressively based on the massive sell-offs and it has also crossed the 20 days Moving Average, which from the technical perspective represented the beginning of a bearish trend. It's important to notice that this trend change has been clearly signaled by 2 technical indicators : * The "fast"...
Although in the last month the price of Litecoin has increased with almost 39% and it managed to recover from the losses registered in November, it seems that the odds have been favorable only temporary. After 25 days in which the price has been traded above the 20 days Moving Average, the latter has been crossed meaning that a Bearish trend is about to...
Although most of the cryptocurrencies have experienced oscillating developments over the last few weeks, caused mainly by the decline of the market capitalization, TRON seems to be one of the ones which had trading volumes above the average and it also managed to recover the losses registered in November. Therefore, the bullish trend which has started on the 17th...