Ethereum Price Analysis: ETH/USD Sellers Back In Driver's Seat

Key Highlights ETH price declined heavily after it broke the $200 and $190 supports against the US Dollar. There is a short term contracting triangle formed with resistance at $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but upsides are likely to be capped near $180 or…

Read more »

Ripple Price Analysis: XRP/USD Nosedives, Turns Bearish Below $0.4600

Key Highlights Ripple price declined heavily and broke the $0.4860 and $0.4400 support levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.4720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is struggling to recover above the $0.4600 and $0.4700 resistance levels….

Read more »

Bitcoin Price Analysis: BTC/USD Must Dump before Bulls Reign in 2019

The Bitcoin FUD It’s a capitulation. It’s the end of Bitcoin. It’s a Bitcoin Sell-off. And it’s true; a typical Bitcoin investor is bleeding right now. But a critical look at price action and historical price movement paints a rosy picture: Prices will most likely recovery and print higher in the next few months. They…

Read more »

Monero [XMR/USD] Technical Analysis: Bear and bull engage in a tough fight

Monero [XMR], the tenth-largest cryptocurrency by market cap, has been struck by the bear’s strike just like all the other cryptocurrencies such as Bitcoin [BTC], Ethereum [ETH], XRP and Bitcoin Cash [BCH]. According to CoinMarketCap, at press time, Monero [XMR] was trading at $103.22 with a market cap of over $1 billion. The coin has…

Read more »

Ethereum Price Analysis: ETH/USD Extends Losses, $200 Holds Key

Key Highlights ETH price declined further and broke the important $206 support against the US Dollar. This week’s followed key bearish trend line is still in place with resistance at $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair is under pressure below $208 and $206, which could result in more…

Read more »

Ripple Price Analysis: XRP/USD Reject Lower Lows, Short Term Targets at 80 Cents

Latest Ripple News Aside from EOS and Stellar Lumens which are recent inventions, it still beat logic that CoinBase is yet to list XRP. While it is understandable that CoinBase can practice their discretion and list any coin that adheres to their listing framework, XRP is a liquid asset and far more than just being…

Read more »

Monero [XMR/USD] Technical Analysis: Cryptocurrency stays beaten and bruised under the bear regime

The cryptocurrency market’s bear run does not look to have ended, with many cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and Monero [XMR] all seeing red across the charts. Monero [XMR] was also in the news recently when Nouriel Roubini stated that the cryptocurrency will be “cracked down by the Feds” soon. 1-hour: The Monero one-hour…

Read more »

Bitcoin [BTC] Price Analysis: Will the Bears break down side of $6,286?

BTCUSD Medium-term Trend: Bearish Resistance levels: $6,366, $6,439, $6,509                                             Support levels: $6,286, $6,192, $6,092 The coin is in bearish trend on medium-term outlook. The bears returned to the BTC market with full force on November 8 after the BTC price reached its high of $6509 price level by the bulls’ pressure. Short consolidation was…

Read more »

Ethereum [ETH/USD] Technical Analysis: Cryptocurrency will be entertained by bull’s race

Ethereum [ETH], the second-biggest cryptocurrency by market cap, has continued to bleed red at the time of writing. The cryptocurrency has broken down to one of its lowest points ever since its all-time high at the beginning of this year. According to CoinMarketCap, the coin was trading at $209.02, with a market cap of more…

Read more »

Bitcoin [BTC/USD] Technical Analysis: Bears continue to hold cryptocurrency captive as prices stagnate

The cryptocurrency market’s rise and fall have been quite sporadic, with several coins shifting between the green and the red spectrum over the past couple of days. Major cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and XRP have all been trying to get out of the bear zone, but to no avail. 1-hour: The Bitcoin [BTC]…

Read more »

Bitcoin Cash Price Analysis: BCH/USD At Risk Of Break Below $500

Key Points Bitcoin cash price is struggling to recover above $530 and $540 against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $515 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the $500 and…

Read more »

Bitcoin [BTC/USD] Technical Analysis: Bearish doom awaits coin as it stands poised at cliff’s edge

Bitcoin [BTC] has recently been seeing movement within its tightly-defined trading setup, bouncing between the $6,300 and $6,700 marks. While this has not presented any opportunities for swing traders, market sentiment seems at a high as HODLers draw closer to the moon. 1-hour: The short-term outlook for Bitcoin shows that an uptrend is present from…

Read more »

Ripple (XRP) Price Analysis: Looming Bullish Spike ⋆ ZyCrypto

XRP/USD Medium-term Trend: Bearish Resistance Levels: $0.52, $0.53, $ 0.55 Support Levels: $0.49, $0.47, $0.45 XRP is bearish on the medium-term outlook. On November 5, enough momentum was gained by the   bulls, XRP price rose from the support level of $0.47 to the resistance level of $0.55 where the price was pushed back by the…

Read more »

Bitcoin [BTC/USD] Technical Analysis: Support levels hold as last bastion against bear’s attacks

Bitcoin [BTC] recently saw an attack of the bear move the price downwards to the $6,400 range, testing crucial support levels. Even now, the coin continues to rest on one of these supports, with bearish pressure threatening the precarious position of Bitcoin’s price. 1-hour: The short-term outlook for Bitcoin shows that there is an uptrend…

Read more »

Comparison of Bitcoin Price Analysis from 2017 to 2018

Bitcoin is notoriously unpredictable. Since its inception almost 10 years ago, this cryptocurrency has gone through boom and recession that often defy logic – with some people calling it the “magic internet money”. Unprecedented Rise Still, with this shaky history, bitcoin’s abrupt price rise on 12 April 2018 was exceptional. In about one hour, its…

Read more »

EOS, Litecoin, Stellar, Tron, Cardano Price Analysis: Early Stages of a Mega Rally

It’s back to profitability for most altcoins as they register double digit gains. Leading the pack is XLM/USD and ADA/USD trading above important resistance levels. We expect most altcoins to keep expanding throughout this week as they reverse 2018 losses as price action form the foundation of a mega-rally. Let’s have a look at these…

Read more »

Ethereum Price Analysis: ETH/USD Breaks Key Resistance, $230 Next?

Key Highlights ETH price traded higher and broke the $215 and $220 resistance levels against the US Dollar. Yesterday’s highlighted key breakout pattern was breached with resistance at $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $223 level and it remains well supported on dips near $216….

Read more »

Litecoin [LTC/USD] Technical Analysis: The bulls to thrive in the green zone

The cryptocurrency market has taken a volatile approach again where all the big coins are acting out in their way post a sideways haul. At the time of writing, Litecoin [LTC], the seventh largest coin in the world was trading at $54.22 with a market cap of $3.2 billion. The coin was floating in the…

Read more »

Cardano [ADA/USD] Technical Analysis: Bulls take over altcoins in the long-term

Cardano, like every other altcoin, is on a roll with a lot of volatility, resulting in its price trying to climb above the resistance. At the time of writing, Cardano was trading at $0.076, with a $1.9 billion market cap, and a 24-hour trade volume of $41 million. 1-hour Source: Trading View There is a…

Read more »

Altcoins Price Analysis: ADA/USD and IOT/USD Bull Breakout Pattern

As EOS bull momentum slow down, ADA/USD and IOT/USD are trading within a bull break out pattern and it is likely that prices will race towards immediate targets at 9.5 cents and 90 cents. Should there be higher highs today in these two pairs as EOS/USD and XLM/USD consolidate then it points to an existing…

Read more »