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Ripple (XRP) Strikes Bullish Breakout Above $0.15


The bullish price run of XRP has been halted with a correction The coin has just faced rejection at $0.1533; $0.1449 has acted as a strong support If we look at its YTD chart, Ripple shows an extreme downtrend after mid-February XRP has formed a falling wedge over the last few weeks; support...

XRP Manages a Bullish Breakout Yet Again; Ends the Pullback Spree


XRP has just reversed its downward price correction; uptrend may sustain The coin has breached the falling wedge pattern with a bullish breakout The support level for the coin stands at $0.2247 while resistance appears above $0.2400 XRP has recently faced rejection at $0.2414; however, the coin...

BTC Holds Strong Possibility of a Bullish Breakout in the Near-term


Bitcoin, at the time of writing this analysis, was trading at $8,647.05 on Bitstamp, seems to be preparing for another consistent higher high trend BTC/USD retains imminent support from the daily moving and hourly moving averages as it hits above $8,500 after testing supports around $8,200...

XRP Remains Stuck to $0.19 Area; Lacks Momentum to Have a Breakout


XRP, at the time of writing, was trading at $0.190. The coin has been maintaining this trading range for quite some time now. The stated price area is acting as both resistance and support, as the coin moves directionless at present. A further move will rightly help to justify the support...

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...

Should We Expect a Bitcoin Breakout in 2020?


Two years ago, Bitcoin reached stratospheric heights. In the years since the cryptocurrency market has undergone a significant correction. Industry-leading aficionados have termed it a bear market for crypto, as speculators tapered expectations during a strong consolidation of the industry....

Ethereum (ETH) Hits Below $150; Holds Risk of Downside Breakout


Ethereum price notably slips below $150; now remains inclined to the lower trading range, with the lower price being $146 and the upper one being $157. There happens to be an S/R flip, and as $150 remained the major support for seven days in a row, it will now act as the major resistance...

Bitcoin and Altcoins Move Below Major Breakout Levels


Yesterday, there was a recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above USD 7,200, but it struggled to break an important resistance near USD 7,350. At pixel time (09:43 UTC) it already trades below USD 7,000. Similarly, there was an upside correction...

Speculation Abounds Over the Cause of Bitcoin’s Recent Rally


Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady...

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