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Monero May have a Short-term Bullish Crossover Above $45


Monero, at the time of writing, was trading at $45.346 on Bitfinex. The coin is lacking active support around the current trading price area, except support foreseen by the 10-day and 50-day moving average. Therefore, we can project a bullish medium or short-term if the coin gains a definite...

XRP Faces a Strong Resistance at $0.1990 for a Persistent Bullish Crossover


Ripple (XRP), at the press time, is trading at $0.193 and is supported by the short-term and medium-term MA. XRP against USD is trading better than the marked 52-week low at $0.1784. The price zone near $0.20 remains a goal at present as the price of Ripple is facing strict resistance as it pushes...

Bitcoin and Altcoins Bullish Bias Intact Despite Recent Dip


Recently, bitcoin price trimmed most gains and declined below the USD 7,350 support. Moreover, BTC/USD declined below the USD 7,250 support and traded close to the USD 7,150 support. The price is currently (09:00 UTC) trading in a range and seems to be preparing for a fresh increase towards...

Market Update: Crypto Traders Search for Bullish and Bearish Trends


During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...

Bitcoin Throws Bullish Signals as it Gains Support from Daily MAs


Bitcoin currently trades stably around $7,200 and $7,300 price area; at the press time, BTC was at $7,286.55. Interestingly, the king of the cryptocurrencies is trading with total support from the daily moving averages and is under the ‘buy phase’. We are likely to see this influence on the altcoin...

Cardano Trades Moderately Bullish; Holds Risk of Downside Breakout


Cardano trades above the 52-week low that was exhibited in the previous week The constant lower highs formed in the past 6 months gave a fresh 52-week low in the previous trading week at $0.0308 ADA gains support from the 10-day MA, however, fails to gain long-term support Cardano has been only...

Bitcoin and Altcoins Start Christmas Week With Bullish Sentiment


This week, bitcoin price started a solid upward move above the USD 7,350 resistance. BTC/USD gained bullish momentum and surged above the USD 7,550 resistance. The upward move faced sellers near USD 7,650 and the price is currently (09:00 UTC) correcting gains. Similarly, many major altcoins...

Bitcoin and Altcoins Signaling Bullish Continuation


In the past few sessions, there was a decent improvement in the crypto market sentiment as bitcoin price climbed back above USD 7,000. BTC/USD even tested the USD 7,450 and USD 7,500 resistance levels. The price is currently (09:00 UTC) consolidating above USD 7,000 and it could start a fresh...

Ripple: Shall We See a Bullish Opening in 2020?


Ripple has nosedived in mid-December, needs to sustain the higher high pattern for a recovery Before XRP steps into 2k20, a robust market boost is crucial to get investors risk appetite back on track The coin is trading just slightly above the 52-week low; a steady uptrend above 23.60% Fib level...

Dogecoin Trades Marginally Bullish; Retains Around $0.0020


Dogecoin trades back around the previously formed support at $0.00202 DOGE/USD exhibits a bullish crossover as it rises away from $0.0019 The current trading price of Dogecoin approaches near the 10-day support zone As per the above daily movement of DOGE/USD on HitBTC over the past two years,...

Stellar (XLM) Trades on a Mixed Note; Technicals Head for a Bullish Bias


Stellar has recently found support level at $0.051; starts an uptrend on a mild note The lower high pattern has been halted; the XLM coin has come back to square one as it has managed to reclaim its opening price after a plunge Technical indicators are set to enter a bullish zone while Bollinger...

Cardano (ADA) Holds a Slight Bullish Crossover; Rises Above Oversold Region


Cardano price around the 7-day low at $0.0366 The current price is rightly supported by the 9-day MA In the past seven days, ADA/USD has hit the highest at $0.0392 ADA faces the inability to trade at and above $0.040—the major resistance price point Cardano News Today Cardano coin, just like...

Market Update: Despite Uncertainty, BTC Longs Skyrocket


Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...

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