At the back of 80+ drops, the altcoin market is priming for higher highs. From a new Tron wallet to impressive developments in IOTA, bulls stand a chance. Because of this and supportive technical developments, we recommend buying TRX and Litecoin at spot prices. Let’s have a look at these charts: EOS Price Analysis Binance,…
Key Highlights Ripple price traded towards the $0.5020 support during yesterday’s decline against the US dollar. There is a crucial bearish trend line formed with resistance at $0.5550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently correcting higher, but buyers are likely to struggle near $0.5520 and…
Key Highlights ETH price found support near the $213-214 zone after yesterday’s decline against the US Dollar. There was a break above a key bearish trend line with resistance at $221 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading with a positive bias above the $218 and $220…
Key Points Bitcoin cash price declined further and tested the $500 support against the US Dollar. There is a crucial bearish trend line in place with resistance at $530 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to face a strong selling interest near the $530 and…
Key Points Bitcoin price broke the $6,540 and $6,520 support levels to move into a bearish zone against the US Dollar. Yesterday’s highlighted important contracting triangle was breached with support at $6,520 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair tested the $6,400 support level and it is currently…
While ETH is up eight percent in the last week, volatility is low in lower time frames. ETH prices are stable in the daily chart but there is a strong ceiling at $250 popping bull attempts. As prices lack bullish support, the Austrian government is using Ethereum for auctioning their government bonds. Joseph Lubin in…
In the last day, altcoin prices were stable. Gains or losses were within a one percent range as sellers begin to clip back gains. The fact that there is failure by Cardano and EOS bulls to close above key resistance lines at 12 cents and $7 backs our bearish forecast. On the other hand, Litecoin…
Key Points Bitcoin price is trading in a tight range above the $6,540 support against the US Dollar. There is a key contracting triangle in place with support at $6,545 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is poised to make the next move either above $6,610 or…
Key Highlights ETH price remained in a tight range above the $222 and $223 support levels against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support at $224 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to climb higher slowly and it could even surpass…
Key Points Bitcoin cash price found support above the $500 level and started an upward move against the US Dollar. Yesterday’s highlighted connecting bearish trend line with resistance at $535 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to continue higher towards the $560 and…