nulltxmark

nulltxmark

It's a well known fact that there is a lot of Chinese money in cryptocurrency. With the recent Coronavirus outbreak, the CCP is destabilizing causing investors to lose faith in their country and subsequently the Chinese Yuan. As a result, to protect their capital, many are transferring their funds into crypto which will cause bullish momentum. My prediction is...

nulltxmark

Relative Strength Index: The RSI is currently at a relatively high 60 points, meaning the market is somewhat overbought and we should expect a slight correction downards. Bollinger Bands: The price is within the BB range, yet it's still above the MA. This also means a slight retracement in the next few hours is likely. Volume: There is moderate to low...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 41 points. This means the market is ready to recover and at the very least continue trading sideways. Bollinger Bands: The price is within range but is quite close to the lower bollinger band. This means that EOS can still drop a few percent before bouncing back up. Volume: The volume is still...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 55 points. That's better than most cryptos that are having a hard time holding current support. Bollinger Bands: ETH/USD is also well within the BB range. This also signals a healthy market that could start trading sideways. The bad news is that the current ETH price is still below the MA, if ETH can...

nulltxmark

Relative Strength Index: The RSI is currently at a low 35 points. After dipping below the 30 points threshold twice in the past few hours, it's heading back down once again. If it stays above the 30 points threshold it will continue to drive the market down, if it crossed below the RSI will signal an oversold market and a rebound will ensue. Bollinger Bands: ...

nulltxmark

Relative Strength Index: The RSI is currently at 34 points. That's definitely on the low side, meaning the market is approaching the oversold level. Bollinger Bands: The BNB price has been riding on the lower bollinger band for the past few hours. That's not a good sign as that means that bearish momentum is significant. Volume: There is moderate amount of...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 45 points. It has stayed mostly within range the past week meaning that the same trend will most likely continue. Even through the RSI is healthy, the market still seems to be on a downward trajectory. Bollinger Bands: The price is currently within the bollinger bands after crossing below the lower...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 41 points. This signals some sideways trading up ahead. Bollinger Bands: The price is also within the bands' range, however it's touching the lower band. This means the price will try to rebound slightly, at least until the MA line. Volume: There is very little volume for Ethereum at the time of...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 41 points. This means that the market will most likely continue to trade sideways for the next few hours. Bollinger Bands: The price is also within the bollinger bands range, meaning it will most likely stay at the same level. Moreover, the price is right on the line with the MA, further reinforcing...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 41 points. This means the market is neither overbought or oversold, meaning most likely XRP will continue trading sideways for the next day. Bollinger Bands: The price is within the bands' range, however it's below the MA which means that there is slight room for upwards correction. Volume: There is a...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 51 points and rising. We caught LTC/USD right at the rebound after it retraced down to $71.1. Bollinger Bands: Litecoin is currently within range of the two bands after briefly dropping below the lower band an hour ago. Volume: Unfortunately, the volume is extremely low right now which is...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 43 points. This means the market can go either way but will lean towards trading sideways. Bollinger Bands : After the most recent retracement, the price is currently touching the lower bollinger band. This means ETH/USD will try to rebound at least back to the $194 level. Volume: While there is...

nulltxmark

Relative Strength Index: The RSI is currently at a healthy 43 points. It’s a bit low, but that’s expected given the recent slight price decline. Bollinger Bands: The price is also leaning towards the low end of the band which most likely means it will stay at the current level for a few more hours at least. Volume: The volume is surprisingly high at the...

nulltxmark

Relative Strength Index: The RSI is currently at 78 points. This means the market is overbought and will be looking to retrace until its in range. Bollinger Bands: EOS/USD is also outside the range. This is another signal that the price will be looking to retrace in the next few hours. It looks like EOS/USD is not even close to being out of steam, so in this...

nulltxmark

Relative Strength Index: The RSI is currently at 59 points. It recently peaked at 65 which was a result of the rebound from the bear trap. At this point, the RSI will try to stay within range as we've seen previously. At the same time since the RSI is leaning on the high side, the market has plenty of strength to make another move. Bollinger Bands: The price...

nulltxmark

Relative Strength Index: The RSI at the time of writing is at a high 62 points. It just recently tipped over the 70 point threshold into the overbought market territory, rebounding shortly after. Bollinger Bands: As the price increased rapidly it crossed over the upper band, which caused the sharp rebound. Now that the price is within the range once again, it...

nulltxmark

Relative Strength Index: The RSI at the time of writing is at a healthy 51 points, this means the market is healthy and has enough strength to make moves in either direction. Unfortunately, since RSI's previous action was bullish, we might see a slight dip below 40 points which might cause a retracement on the market. Bollinger Bands: The price is currently...

nulltxmark

Relative Strength Index: The current RSI is at 65 points, it recently peaked at 75 when Ethereum’s price reached $176. Since then it has rebounded but is still looking strong. We could see some movement in the next few hours. Bollinger Bands: The price is currently close to the upper bollinger bad, but still has some room for upwards movement. The price also...