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Posts published in “Analysis”

Ripple Price Technical Analysis – XRP/USD Facing Barrier at $0.7250

Key Highlights Ripple price recovered nicely from the $0.5180 swing low against the US dollar. There was a break above yesterday’s highlighted crucial bearish trend line with resistance at $0.6100 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair faced a major barrier on the upside near $0.7250 and is … Continue reading Ripple Price Technical Analysis – XRP/USD Facing Barrier at $0.7250

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Bitcoin Price Technical Analysis for 02/07/2018 – Another Trend within a Trend

Bitcoin Price Key Highlights Bitcoin price is trending lower on its 4-hour time frame but is bouncing off support. A pullback to the channel resistance could be underway, but there are also nearby inflection points. In particular, a descending trend line connects the highs since the start of the year and lines up with Fib … Continue reading Bitcoin Price Technical Analysis for 02/07/2018 – Another Trend within a Trend

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Alt coin Analysis: NEO, EOS, LTC, NEM and Lumens

There are several developments across most of these high cap alt coins hinting of price recovery. Of course that is dependent on price action and it shall come to pass if at all there will be a follow through of yesterday’s bullish pressure. Besides LTC, NEM looks likely to recovery after its 95% of its … Continue reading Alt coin Analysis: NEO, EOS, LTC, NEM and Lumens

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Ethereum Price Technical Analysis – ETH/USD Struggling Near $780

Key Highlights ETH price after declining further, formed a low at $553 and started an upside recovery against the US Dollar. There is a major bearish trend line forming with resistance at $780 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is struggling to break the $780 resistance level and it … Continue reading Ethereum Price Technical Analysis – ETH/USD Struggling Near $780

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Bitcoin Cash Price Technical Analysis – BCH/USD Recovers Above $900

Key Points Bitcoin cash price declined as low as $748 and is currently recovering against the US Dollar. There was a break above a bearish trend line with resistance at $890 on the hourly chart of BCH/USD (data feed from SimpleFX). There is another bearish trend line on the upside with resistance at $1060 on … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Recovers Above $900

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Bitcoin Price Watch; Here’s What’s On Tonight

Come on bitcoin, you can do it. Things are very very gradually starting to pick up in the bitcoin space right now. Having suffered a series of substantial downside runs over the last 72 hours or so, we headed into this morning’s session out of Europe with one key aim – to see bitcoin form … Continue reading Bitcoin Price Watch; Here’s What’s On Tonight

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Ethereum Technical Analysis – Is a Floor in Sight for ETH/USD? 06/02/2018

Key Highlights Ethereum fell through today’s $590.1 support level against the U.S Dollar this morning, following Monday’s 18.68% fall to a closing $697.95. A major bearish trend continues with the next major support level for ETH/USD sitting at $511.33. At the time of writing, ETH/USD is sitting close to its intraday low $555.56 at $568.82, … Continue reading Ethereum Technical Analysis – Is a Floor in Sight for ETH/USD? 06/02/2018

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Bitcoin Price Watch; Here’s How To Trade This Morning’s Levels

It’s almost becoming monotonous at the early start of the European session to cover a dip in the bitcoin price but, over the last few weeks, that’s all we’ve been able to do. Things keep falling and anytime we do see something of a reprieve, the markets tank almost right away. The thing is, whatever … Continue reading Bitcoin Price Watch; Here’s How To Trade This Morning’s Levels

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Ethereum Classic Price Technical Analysis – ETC/USD Bearish Towards $10

Key Highlights Ethereum classic price was crushed recently as it moved below the $15.00 support against the US dollar. There is a key bearish trend line forming with current resistance at $16.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may continue to decline and ETC could even test … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Bearish Towards $10

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Ethereum Classic Price Technical Analysis – ETC/USD Bearish Towards $10

Key Highlights Ethereum classic price was crushed recently as it moved below the $15.00 support against the US dollar. There is a key bearish trend line forming with current resistance at $16.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may continue to decline and ETC could even test … Continue reading Ethereum Classic Price Technical Analysis – ETC/USD Bearish Towards $10

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