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Stellar Tests Support Levels to Initiate a Robust Price Recovery


Stellar price has tested support levels at $0.055 twice today; here, the bearish trendline has been stalled The XLM coin is still below the 38.20% Fib level The one-month chart of Stellar exhibits a surge of 48.47%; the downward correction needs a decent support level to stop the same The coin...

Bitcoin Projects a Trend Revision as it Trades Around $8.3k


Bitcoin, at the time of writing this analysis, was trading at $8,302.80 on Coinbase The current trading price loses short and long-term support from the daily moving averages The BTC/USD price trend fall below 61.80% Fib Retracement Level as it approaches to form the right shoulder around...

XRP is All Set to Ride the First Bull-run of 2020


XRP’s bullish trendline has been breached once after it started correcting down in its 1-month chart; faced rejection above $0.2483 The leading altcoin has recently formed a support level at $0.2140; recovery faces hurdles above its 200-day moving average line ($0.2247) XRP has kick-started 2020...

Cardano Rebounds to $0.043 After Testing Support at $0.041


Cardano (ADA), at the time of writing, was trading at $0.043741 on Kraken. The coin has exhibited an intraday rebound after hitting the low at $0.0411. This positive intraday move helped the ADA coin to gain medium-term support from the 50-day MA, followed by the short-term support from 10-day...

Verge Comes Under the Bearish Radar as it Corrects Downwards


Verge (XVG), at the time of writing this article, was trading at $0.00347 on Binance. The coin has lost support from the imminent daily moving averages after soaring above $0.0040 at $0.00415. XVG/USD is expected to face moderate volatility in the upcoming days. The coin is facing strict rejection...

Bitcoin Breaks the Bull Session as it Tests Support at $8,200


Bitcoin (BTC), at the time of writing, was trading at $8,261.99 on Coinbase The coin has been giving consecutive highs and took a leap above $9,000 after a persistent trade above $8,000 The current price is not supported by any of the daily MAs at present Lacks pace to have a constant trade above...

XRP Faces Correction as It Falls to Test Support at $0.21


XRP, at the time of writing this analysis, was trading at $0.219 on Coinbase The coin is currently correcting downwards as it approaches 38.20% Fib Retracement Level around the trading price area of $0.21 The current movement of the coin breaks the uptrend that is forming as there happens to be...

Dogecoin Retests Support at $0.0022 and Falls Under Selling Pressure


Dogecoin (DOGE), at the time of writing this analysis, was trading at $0.00223 Just when Bitcoin price rose temporarily above $9,000, DOGE price had also hit a fresh 30-day high at $0.00258 DOGE’s current trading price gains support from the 200-day MA as it is retesting support around $0.0022...

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