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Cardano Price Analysis: January 1, 2020 – ADA: Last Support Ahoy!

1.1.2020
Bears are in full control, and downtrend seems to be continued for the Cardano. Weekly ADA prices are moving towards critical support, and bull needs to defend this last support. Weekly ADA prices are trading below the 9 days SMA, and 21 days SMA denoted by the blue line and white line...

Bitcoin Trades with a Considerable Support After Nosediving to $7,195

1.1.2020
Bitcoin, at the press time, was trading at $7,194.57. After having consolidated around $7,200 for the longest time now and facing rejection at $7,500, BTC has now slid down, giving an intraday dip. The end of the bygone year was quite calm for the BTC holders as compared to the altcoin investors....

Monero May have a Short-term Bullish Crossover Above $45

1.1.2020
Monero, at the time of writing, was trading at $45.346 on Bitfinex. The coin is lacking active support around the current trading price area, except support foreseen by the 10-day and 50-day moving average. Therefore, we can project a bullish medium or short-term if the coin gains a definite...

XRP Faces a Strong Resistance at $0.1990 for a Persistent Bullish Crossover

1.1.2020
Ripple (XRP), at the press time, is trading at $0.193 and is supported by the short-term and medium-term MA. XRP against USD is trading better than the marked 52-week low at $0.1784. The price zone near $0.20 remains a goal at present as the price of Ripple is facing strict resistance as it pushes...

Dogecoin Embarks on Bearish Run as it Trades Around $0.0019

1.1.2020
Dogecoin (DOGE), at the time of writing, was trading at $0.00194. The beginning of the new year has not been that impressive as Bitcoin price was seen consolidating around $7,200 after having corrected from $7,500. Moreover, Dogecoin, in the second half of the bygone year, was seen nosediving only....

Bitcoin (BTC) Trades Under the Big Falling Wedge

31.12.2019
Volatility is incoming as daily prices may see a rise in value to test the trendline at $7600. Weekly BTC prices are still trading inside the declining channel and can go down further to complete this pattern. Bitcoin Price Prediction Weekly prices are trading at a 61.8% Fib level and it...

Ethereum Holds a Bearish Crossover as it Hovers around $130

31.12.2019
Ethereum, at the time of writing, was trading at $130.96 after having bottomed out at $119.78 in the past three weeks, having marked a fresh 90-day low. All the major coins of the market viz., BTC, ETH, and XRP are seen settling at the year-end. After soaring as high as $364 earlier this year,...

Cardano Trades with a Steep Fall; Appears Bearish at $0.0333

31.12.2019
Cardano (ADA), at the time of writing, was trading at $0.0333. Important to note that the many altcoins were seen soaring yesterday, but ADA price seems to have experienced an intraday fall. The movement of the coin is not supported by any of the imminent moving averages at present. If observed...

Bitcoin’s Next Decade Will Be Shaped by Derivatives

31.12.2019
The last five years have been a test phase for bitcoin derivatives, which began tentatively when Bitmex eased into life in 2014. Now, as the cryptoconomy prepares to enter a new decade, derivatives products will play a pivotal role in price discovery. 2020 will be a big year for bitcoin and for...

Stellar Appears Bearish as it Trades at $0.045 with a Negative Crossover

31.12.2019
Stellar trades at $0.0453 at the press time and is seen as having a plunging momentum. However, as observed, it was a pleasant day for the altcoin’s traders and investors yesterday, like ETH, BCH, BSV was trading at amazing figures. On the last day of the decade, we rightly embrace the soaring...

Does Ripple (XRP) Hold a Possibility of a Price Rally Any Soon?

31.12.2019
XRP trades stagnantly around $0.19 for a fortnight now, with a few traces around $0.18 price area. The major resistance for the coin lies around $0.20, which was last hit by XRP/USD on December 17, 2019. With this, the market cap has been seen consolidating around $8.5 billion. The major resistance...

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