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Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
Bitcoin Price Caught Between Key Support Levels as Bearish Sentiment Grows
27.5.2020
Bitcoin price is struggling to reclaim $9,000, leading investor sentiment to turn bearish on BTC’s short-term price action
Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide
14.3.2020
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto...
Stellar Tests Support Levels to Initiate a Robust Price Recovery
25.1.2020
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...
Cardano (ADA) May End the Year on a Bearish Note; Support Levels Shift Downwards
20.12.2019
ADA has largely been bearish in the later half of this year; lower high pattern accompanies the lower low pattern Above the 38.20% Fib level, Cardano holds strong resistance zone and continues to break the key support levels It was in June when the last time the crypto market was on a bullish spree...
Ripple (XRP) Witnesses Intense Bearish Slip; Trades Towards Key Support Levels
11.12.2019
Ripple has stopped the massive price fall in November end after it formed a lower low at $0.20. The leading altcoin calls for a price boost as it lacks momentum. The investors are eagerly waiting for a rapid price rally, which can again take the XRP coin above $0.40. Notably, a similar kind...
Ethereum (ETH) Loses its Bullish Vibe; Tests Key Support Levels
6.12.2019
ETH seems to have a support level at $146; tested a few times The coin is down as compared to its opening price; however, yesterday’s lows are intact Technical indicators give mixed signals; SMAs have recently traced a Death Cross Ethereum has been dropping with a bearish bias for the better part...
Litecoin (LTC) Looks for a Bottom; Support Levels Shift Downwards
3.12.2019
Litecoin is forming lower lows; fails to catch a bullish momentum The bearish trend line is still intact as the coin is yet to find a decent support level The LTC coin has recently formed a bullish candle; currently below the major support level Litecoin is set to enter the volatile zone...
Bitcoin Cash (BCH) Approaches Key Support Levels; Declines by More Than 9%
19.11.2019
BCH coin formed a support level at $243 yesterday; currently heading towards the same Bitcoin Cash trades well below $250, which was above $265 two days ago Technical indicators are yet to step into the bullish zone BCH trades under selling pressure; gives no signs of recovery Cryptocurrencies...
Bitcoin and Ripple Make Continuous Efforts to Trade Above Nearest Support Levels
4.11.2019
Bitcoin and Ripple, the major drivers of crypto market have been seen dealing with profit after BTC price has been pushed beyond $9,000. The 24-hour movement of both the coins have been quite satisfactory as BTC and XRP currently trade around $9,200 and $0.29 respectively. However, important...
Bitcoin Price Returns to $7.6K as Markets Reaffirm New Support Levels
25.10.2019
Bitcoin shows signs of life with $7.6K uptick
Bitcoin Price Faces Drop to Support Levels Below $10K
9.9.2019
Bitcoin may slide further toward $9,750 this week unless the bulls can force a move above $10,350 in the next few hours
IOTA Price Analysis: MIOTA Goes All Bearish, Breaks Below Major Support Levels
12.8.2019
IOTA extends yesterday’s bearish price trend, approaches $0.2500 The coin went above $0.27 yesterday, but could not fight resistance there, and returned down IOTA has breached major support levels near $0.2700 and $0.26, traced a bearish trendline Market cap of the overall crypto space shows...
Ethereum Price Analysis: ETH Trades Below Major Support Levels, Currently Correcting Up
9.8.2019
Ethereum recently knocked the bottom at $207, correcting up from there ETH has traced a steady bearish price path since today morning, broken below major support prices ETH is steadily shedding its valuation against the U.S.Dollar since today morning. The coin even had a close near $207. Meanwhile...
Ethereum vs Bitcoin: ETH Remains Above $200, BTC Trades Much Below Support Levels
24.7.2019
Bitcoin has recently gone all bearish as the coin has dropped significantly since the last two days. The coin is still heading downwards and its bearish price momentum seems to be affecting major altcoins too, such as Ethereum. Ethereum, however, was mildly affected by the BTC bull-run as its price...
Ripple vs Ethereum: XRP Nosedives, ETH Ranges Below Key Support Levels
12.7.2019
Yesterday happened to be an unpleasant day for BTC (fell below $12000) and many other altcoins as they kept trading in a bearish manner. The price action has put a notable impact over the crypto market and due to that major crypto coins, XRP and ETH appear severely and negatively affected. ...
Ethereum Price Analysis: ETH Bearishly Dips Below its Key Support Levels
11.7.2019
Ethereum has recently broken its key support near $285 and even had a fall below $265 Yesterday’s price fall has caused ETH to trade below $300 The coin seems to resonate with Bitcoin price trend, as BTC has also lost its price position above $12000 In the last 1 day, Ethereum has traded bearishly...
Ripple Price Analysis: XRP Trades at $0.33, Even Below Its Major Support Levels
11.7.2019
XRP long with its major coins such as Bitcoin and Ethereum tried gaining momentum in the past 3 days when Bitcoin and Ethereum went beyond $13,000 and $310 respectively. But, inevitable to note that, XRP couldn’t really make enough leaps and bounces and kept ranging around $0.40. Today, the market...
Ripple vs Bitcoin: XRP and BTC Heavily Breaks Below their Support Levels
27.6.2019
Bulls in the crypto market seem to be at rest today, as the leading cryptocurrencies are witnessing heavy price losses. Since the last couple of weeks, Bitcoin prices were growing by leaps and bounds. Yesterday, Bitcoin surged above $13k price mark which was ranging around $9000 a week ago. ...
Markets Update: Crypto Prices Sink Lower Finding New Support Levels
9.6.2019
On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also...