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Monero’s Recovery Sees Rejection at $0.40; Technicals Giving Mixed Signs


XMR coin has just found a support level at $26.06 Yesterday’s extremely bearish sentiment seems to be on a break; falling trendline halts Bollinger bands are heading for convergence; the coin is still below the EMA line Amid market volatility, MACD has formed a bearish crossover Monero price...

Monero (XMR) Trades at $50; Holds No Signs of a Quick Rebound


At the time of penning down this analysis, Monero’s price was trading at $50.83. Important to note that the price of XMR coin has hit the support around $50 after 60 days of resistance beyond it. The current trading price of the currency is 47% lower than the 90-day high price marked at...

Bitcoin and Altcoins Show Post-Crash Recovery Signs


Yesterday, we discussed the chances of more losses in bitcoin below the USD 9,200 and USD 9,000 support levels. BTC/USD did decline heavily and broke many supports near USD 9,000 and USD 8,850 level. It tested the USD 8,550 support area and it is currently (09:00 UTC) correcting higher. Similarly...

Bitcoin and Altcoins Showing Signs of Corrective Decrease


After yet another rejection close to USD 10,500, bitcoin price started a downside correction. BTC/USD broke the USD 10,350 and USD 10,200 support levels. It is now consolidating losses, with signs of a corrective decrease towards USD 9,850. Similarly, there was a minor decline in most major...

XRP Surges After Ripple Signs Deal with Large Egyptian Bank


XRP, the token associated with the U.S.-based fintech firm Ripple, today soared to its highest level in U.S. dollar terms since July 2019 after the company announced yet another partnership, this time with the National Bank of Egypt, known as the largest state-owned bank in the country. As...

Verge (XVG) Shows Positive Signs; Subtle Price Recovery Starts


Verge holds a mild bullish sentiment after it had a dip at $0.0034 The XVG coin has been forming lower high pattern since mid-January The coin is heading towards a volatile phase indicating a probable price recovery Technical indicators hold a bullish bias while the 2-day chart also exhibits...

Market Update: Top Cryptos Face Strong Resistance Ahead


On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased...

Bitcoin and Altcoins Showing Positive Signs


In the past few sessions, there were decent bullish moves in bitcoin price above the USD 7,250 and USD 7,350 resistance levels. BTC/USD even rallied above the USD 7,400 level, but it struggled to surpass the main USD 7,550 hurdle. The price trimmed gains and it is currently (09:00 UTC)...

The Digital Decade Signs Off with a Glimpse of the Future


___ Keld van Schreven is the Managing Director and Co-Founder of KR1 plc, the London listed cryptocurrency and blockchain investment company. ____ Wow that was quick, here we are at the end of 2019! The year for crypto markets and blockchain technology has been slow and steady. Large capitalized...

Crypto Market Sentiment is Finally Showing Signs of Recovery


After four weeks of tumbling down, the cryptocurrency market sentiment has finally seen a slight rise. The combined moving average 7-day market sentiment measure for the top 10 coins is up from last week’s 4.3/10 to this week’s 4.55, according to Omenics, a cryptocurrency market sentiment analysis...

Ripple (XRP) Predictions: Bulls in Sight, Early Signs of Reversal


Ripple prices were highly correlated to BTC/USD prices; as a result, it fell all the way down to the weekly critical support at $0.20. Early signs of price reversal are in sight, as explained below, with weekly and daily charts. Ripple Price Prediction Looking at weekly XRP prices against USD,...

Bitcoin and Altcoins Lack Important Signs For Reversal


Yesterday, there was a sharp upward move in bitcoin price above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even rallied above the USD 7,550 and USD 7,650 resistance levels. However, it turned out to be a fake rally and the price is now back below USD 7,400 (09:00 UTC). Similarly, there...

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