fockstrot

fockstrot

XRPUSD price moving within narrow short-term range-block formation, via 15-minute. XRPUSD is moving within a narrow range across most time frame views, breakout imminent.

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ETHUSD is currently trading at $153.33, after setting a relative high at $163.74 yesterday. The time to consolidate the 80% price increase from the 2018 lows has come. In the medium and long-term, ETHUSD continues to be strongly bullish. Above the current price, the first target is $170. The second resistance level is $180. The third resistance level is at $190....

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BTC/USD is demonstrating several vulnerabilities to another breakout to the downside. Bears appear to be gunning back towards a retest of the December low area.

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The 4-hour chart view demonstrates just exactly how strong of an area the $0.40 territory is.

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A breakout to the upside is required from the bulls from this recent range-block, for a larger wave of buying pressure.

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XRP price on Friday is trading back in negative territory, down around 1.5%. XRPUSD bears smashed through $0.3000 in the back-end of Thursday's session.

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BTCUSD is currently valued at $3,360 following a 2% loss on the day. Marginally above this value, BTC is facing resistance at the SMA50. The next resistance at $3,400 will be an uphill task to break considering the asset was rejected at the same level yesterday. Another hurdle exists at $3,500. Further up, additional movement will encounter a hurdle at $3,600 -...

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We need to see the price growth at least above $30.00 to get some technical improvement. This level is guarded by SMA100 (1-hour) and followed by SMA200 at $31.67. On the downside, a sustainable move below $25.00 will send the coin in the tailspin with the next aim at $23.43 (the lowest level since June 2017) and to $20.00.

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1h range chart shows a descending channel that has formed. A recovery was rejected at $0.4 as the bullish trend turned bearish with a bounce towards the channel support at $0.33. A support can be observed in the mid-section of the channel, however, the bears are likely to push the price further south. On the other hand, the RSI has revamped the trend after XRP...

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Weekly candlestick is looking very attractive for a big potential reversal to come. September 2017 produced a similar candlestick in the week of September 18th, 2017, before the huge bull run up until December. Fingers crossed.

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Resistance has been seen over the past few sessions around the $4100 mark, a break above will likely invite much buying pressure.

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The clarity of the descending channel formation can be seen via the 60-minute chart view, subject to a potential breakout to the upside.

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Price action over the 60-minute chart view has formed a near-term range block, subject to an extended move north.

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This view demonstrates the importance of the $30 area holding, or a fast fall, down to $20 territory, would likely be seen.

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If the ETHUSD fails to regain the current support level at $125, the next support level of $94.5 awaits. The third support level is at $80. If the ETHUSD reaches this support, it will complicate the long-term scenario a lot. Above the current price, the first resistance is at the price level of $125. The second resistance is between $153 and $155. The third...

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Above the current price, the first resistance at $4,924. Above this level, the EMA50 appears at $5.147. If the BTC/USD manages to overcome this exponential average, we could begin to think of a stabilization scenario and a bullish turn. In the meantime, the danger of new lows will be present. Below the current price, the first support at the price level of...

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If XRP overcomes the critical level at $0.504, it could start a new bullish surge to take it above $1.00 and further. On the other side, the relative minima it could reach is at $0.409.

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Ripple has remained considerably stable amid the worst selloffs in 2018. Besides, there has been a quick correction from today’s lows that tested $0.41. Ripple price currently exchanges at $0.4486 with $0.46 being the immediate hurdle. The bulls have eyes at $0.5 but will have to face the resistance at the 50 SMA (15’ range) and the 100 SMA. Ripple has shown...