Technical Analysis

XRPUSD Medium-term Trend: Bullish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   The XRPUSD pair is now in the bullish trend zone. Yesterday, it was assumed that a price breakout will enable the bulls to break the $0.32 and $0.33 resistance levels. Today, the crypto’s price encountered a […]

BTCUSD Medium-term Trend: Bullish   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $3,900, $3,700, $3,500   On February 25, the bulls broke the 12-day EMA, the 26-day EMA, and the $3,800 price level to reach the bullish trend zone. The BTC price had been trading between the levels of $$3,800 and $4,000 since […]

ETHUSD Long-term Trend – Ranging   • Distribution territories: $170, $190, $210 • Accumulation territories: $100, $80, $60   Ethereum’s price has in the long run seen its outlook remain ranging around the same zones. Currently, ETH is fluctuating around the $140 mark, and has been since the first few trading sessions of the week. […]

Twitter stock (NYSE:TWTR) is not currently an attractive market. The market has not been attractive for the past several months. Price action is simply a series of large upswings and downswings, with no real protractedly directional movement. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color […]

Tesla shares (NASDAQ:TSLA) have been going southwards systematically, especially since October 2018. The market has been experiencing a series of higher lows, lower highs and lower lows. Price has recently broken below the Lower Trendline, showing a continuation of the bearish trend. At the same time, the RSI period 14 has gone below the level […]

XRPUSD Medium-term Trend: Ranging   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   The XRP price is still in a tight range between the levels of $.30 and $0.33. While in its tight range the $0.32 price level is now a strong resistance level. The crypto’s bullish candlesticks above […]

BTCUSD Medium-term Trend: Ranging   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $3,800, $3,600, $3,400   On March 25, the price of Bitcoin had been in the bullish trend zone. The crypto’s price was above the 12-day EMA and the 26-day EMA which indicated that the price was going to rise. The price […]

XRPUSD Medium-term Trend: Ranging   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   Yesterday, March 13, the XRP price was in a bullish trend. In the previous day, the bulls and the bears were struggling below the 12-day EMA and the 26-day EMA at a price of $0.31. Yesterday, […]

Research shows that extreme optimism coincides with market tops. The question is, where are we now in the cycle? Has the mood reached extreme optimism? Possibly if we refer to some sentiment indicators. Let’s not forget the S&P 500 is up 19% since the December low, this surely can be described as an optimistic move. […]

ETHUSD Long-term Trend – Ranging   • Distribution territories: $180, $200, $220 • Accumulation territories: $100, $80, $60   Ethereum’s price is seeing various ups and downs, as it has been doing in the last few weeks. The cryptocurrency is trading between the $140 and $120 zones. On March 5, it managed to move up […]