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

27.1.2020
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: Yesterday’s Surge Corrects Down; Price Slowly Recovers

27.1.2020
XRP coin’s one-day chart shows how it has been declining since today morning. XRP spent a bullish yesterday, which ended with a head-and-shoulder pattern. The coin has recently started a not-so-vigorous price rebound according to its 4-hour chart. Ripple Price Analysis Yesterday, XRP maintained...

Stellar’s Uptrend Sees a Short Term Price Plunge

27.1.2020
Stellar’s price recovery has just come across hurdles; bearish candles have been formed The XLM coin may soon start looking for support levels is it breaches below $0.057, its immediate support The higher-low pattern has been halted after today morning’s price consolidation RSI seems extremely...

XMR Faces a Slight Bearish Divergence, Yet Expected to Rebound

27.1.2020
Monero, at the time of writing, was trading at $63.75, having experienced a falling wedge breakout The current price of XMR is approaching the daily support at $56.29, i.e., 100-day Moving Average and is surrounded by daily 10-day Moving Average at $64.07 Currently, trades slightly below $38.20%...

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

27.1.2020
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...

TRON Faces Rejection, Although Trades Moderately Bullish

27.1.2020
TRON faces rejection above $0.0182 as it falls in $0.016 trading zone after oscillating midways The relaxing slide that the coin is facing has immediate support awaiting at $0.0162 i.e., the 100-day daily MA TRX against USD breaches through the selling pressure as it had hit a fresh 30-day high...

Indian Prime Minister Modi Awards Young Entrepreneur for Cryptocurrency App

26.1.2020
India’s Prime Minister Narendra Modi has awarded a young entrepreneur for her cryptocurrency price tracking application while the government is still deliberating on the country’s crypto policies. News.Bitcoin.com caught up with the award recipient to find out more about her app....

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...

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

25.1.2020
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

25.1.2020
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

25.1.2020
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...

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