New support line has been formed on 0.1297346. This was supported on 0.236 level from December run up to the peak on 12/18. This appears to suggest an upward momentum coming using this as the base support.
Floor was 0.00000363, established back in Nov/Dec 2017.
Highest peak was at 0.00031 until its recent price correction down to 0.000052, this is consistent with previous support lines from Dec 16-28 before the spike.
TRX likely appears to be rebounding up to 0.00007805. Next target will be at 0.000161 then 0.000198. 0.000251 will be last resistance before the...
Fluctuations between 0.0349 & 0.016702.
0.016702 appears to be a pretty stable support. Currently resistance line has formed around 0.029. Once the breakout happens, next resistance will form near 0.034
One can aim to buy it around 0.011052 and sell near 0.034073.
LTC/BTC continues to fluctuate between 0.0185 & 0.0152 as seen with blue lines.
Once can continue to follow this trend and try to buy at peak and valley.
Based on Fib analysis, likely will fluctuate between 0.0186 & 0.01609 for some time to come.
Currently market is down in price, likely a good time to look into buying in near bottom around 0.01529 and aim...
XRP/BTC peaked at 0.0002203 on 1/4/2018. Recent price correction was expected and it occured at 0.00015434.
The new support & resistance trend lines have formed at 0.000169 & 0.000158.
It remains to be seen if the new trendlines will remain bullish and stay ascending trend lines as seen in the bright neon green color.
Or it may continue to stabilize...
LTC generally traded between 0.014-0.019 in recent months. The same pattern has developed again! LTC/BTC is always so darn predictable. FYI, In 2017, LTC/BTC had a predictable run between 0.01 to 0.02 BTC. Take a look from Jan 2017 to Now. It is pretty amazingly reliable.
Latest resistance has formed around 0.0186...prior resistance was located at 0.019...
Based on my Fibonacci & Technical analysis, recent downward in price is a reflection of recent surge in price.
From Jan 2-5, TRX went from $0.006 to $0.28 during an explosive upward rise.
This has been followed by the predicted downward price correction before the next big run. My prediction is that the price will find its new support line located at $0.15...