Just like the BTC, we haven't anticipated any major movement on the XRP too.
The price is still in-between the zone that I covered on prior analysis. We have a similar situation as on the BTC chart, upon falling we hit the support region of .24 cents last week, this week resulted with a significant spike towards 26 cents and an instant reversal...
Here's a little update on BTC:USD, we haven's seen much movement on the BTC this week so I'll keep this on the weekly time-frame only as a quick update on what to expect next.
So as you can see, after the sharp reversal that we had on BTC, we haven't really had any major moves next. Since falling back to around 7600 level the price spiked to the...
Here's a quick update on XRP too.
Surprisingly XRP on the other hand, is maintaining to stay above 24 cents even though BTC took a deep dive and the dominance's still around 60%.
Now, as you can tell, it's been forming a some type of consolidation zone on the weekly, which seems that sooner or later would break either to the above or below.
Big moves in the market this week. After months of moving back and forth in between 11500 and 9500, BTC broke below 9.5k support which resulted with a drastic sell-off, taking us to the likes of 8000 once again where its currently being traded at.
Even though the long term perspective still looks bullish, knowing that we came up from 3k this...
Here's a quick update on XRPUSD daily time-frame.
The chart is very similar to the BTCUSD. We've broken above the descending trend-line, which resulted with an explosion toward the 0.32 level which is acting as a pretty good resistance level.
Now, with BTC dominance just above 67%, and with XRP exploding while BTC melted towards 9700 - could...
Here's a quick update on BTC USD. As you can see I'll be using the 4 hour and the Daily time-frame for this analysis.
There's a similar setup with the last week's analysis on BTCUSD, because it seems like everything is still going according to the main analysis we made.
After reaching our first downside target of $9700, it looks like it...
Here's a XRP USD chart on a 4 hour time-frame. After posting the BTC analysis and knowing that the BTC dominance has raised tremendously (around 70%) I'd liked to make an update about how that can affect XRP.
While having a slow week so far, xrp has managed to keep moving in-between 2 key levels 0.265 and 0.255.
The price is currently sitting just...
Here's a BTC:USD chart on daily and 4 hour time frame. We've been anticipating a slow market this week with not much of a movement so far.
I wanted to update you on whats going on at the moment and where we think the price could go up next so you'll always be prepared to capitalize off the markets.
After going from 9600 level all the way up to...
Here's a BTC chart on daily and weekly time-frame. On the weekly as you can see we are still stuck in-between two levels of support and resistance that were covered weeks ago, and it looks like we still are failing to break either above or below this area, thus forming some pattern that it appears to be a double-top or a "M" formation.
After last week's surge from the trend-line that was covered, lets look for other opportunities to profit off the market.
Keeping this on the daily time-frame only as the weekly time-frame has already been covered on the prior analysis, so let's get to it.
After that third touch of the trend-line at the 9600 region the price spiked all the way up...
Keeping it plain and simple on the $XRP chart. Since there's not much prior data history on this one I will be analyzing the Weekly and Daily time-frame for long term targets.
So, as you can already tell the last week's bearish movement resulted in XRP breaking below the weekly trend line that was never really been broken before. Which took us to...
Hello traders, I hope you're all having an amazing Saturday.
Here's a Bitcoin chart on weekly and daily time-frame, as you can see we've had a bearish week after last's week surge to 12,000 USD.
On the weekly time-frame looks like BTC is still moving in-between two key levels that were covered in the past analysis. Last week we had a surge to the upside and we...
We have a similar situation to XRP on the BITFINEX:ETHUSD pair. The XRP analysis will be mentioned below, so take a look at it if you haven't already.
On the weekly time-frame, we have an ascending trend-line which seems to hold pretty well and it's never been broken since March 2019.
After a huge reversal from the $360, we came back to retest...
Since BTC is moving in sync with our prior analysis, I wanted to do an update on XRP.
Here you have a side by side Weekly and Daily time frame of BITFINEX:XRPUSD pair. On this pair we have to pay attention to two key level, the baseline of 29 cents and the resistance of around 36-37 cents. These two levels are hugely respected on the weekly...
Hello traders, I hope you're having a great start of the week.
In terms of trading we left behind a great profitable week if you managed to get involved into the last weeks trade analysis we posted here.
Starting up this new week it looks like we finally had a major move and a break of resistance on the BTC:USD. After weeks of moving back and forth in between a...
Even though we did not really have much movements on the market this week, XRP is looking more bullish than any other alts.
On the weekly time-frame, after a huge upside push to .50 cents, the price reversed all the way down to the baseline of .29-.30 cents.
As covered on prior analysis, this level is so crucial for XRP as it correlates with the...
Not much activity on the Bitcoin chart this week.
As covered on the prior bitcoin article, we had a great breakout from a descending area on the 4 hour time-frame. Upon breakout we retested the zone and since then BTC is showing weakness, anticipated a stop hunt to the mentioned area of 9200 that turned out to be a huge indecisive candle on the...
On this analysis I'll be focusing more on a short term perspective of BTC against US Dollar so I have chosen to break down the Daily and 4 Hour time frame.
We need to keep in mind that Bitcoin is currently being traded at around 9800 USD which is a weekly level of support, for BTC to reverse higher is mandatory to have a weekly closure above this...