Cryptocurrencies

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.36, $0.34, $0.32   The XRPUSD pair had been range bound for days but fell to the bearish trend zone yesterday.The crypto’s price was in a bullish trend that resulted in a price rally. The bullish trend was short lived […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $5,000, $5,500, $6,000 • Accumulation territories: $3,000, $2,500, $2,000   Bitcoin’s price has kept on seeing a significant number of weak price swings, a trend that’s been going on since the last week of 2018. The cryptocurrency has maintained the $4,000 and $3,500 marks as well-defined […]

XRPUSD Medium-term Trend: Ranging   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.36, $0.34, $0.32   On December 24, 2018, the 12-day EMA crossed over the 26-day EMA to trend horizontally. Similarly, within the same period, the XRPprice had been range between the levels of $0.34 and $0.38. The bears had not […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $5,000, $5,500, $6,000 • Accumulation territories: $2,500, $2,000, $1,500   Bitcoin’s price has been going through a series of ranging movements in the last few days, after it fell from a high seen on December 24. Currently, the flagship cryptocurrency’s trading has been seeing it range […]

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.36, $0.34, $0.32   The XRPUSD pair is still in a bearish trend as the price retraces from the recent high. From the price action, the XRP price had been retracing consistently. On December 25, the crypto’s price retraced and […]

BTCUSD Long-term Trend – Bullish   • Distribution territories: $5,000, $6,000, $7,000 • Accumulation territories: $2,500, $2,000, $1,500   Bitcoin’s price has seen a notable swing upward against the trend line of its 14-day SMA on December 17, after dropping below it on November 14. Currently, the cryptocurrency’s price has been trading around the $4,000 […]

ETHUSD Medium-term Trend: Bullish   • Resistance Levels: $230, $240, $250 • Support Levels: $100, $90, $80   The price of Ethereum is still in a bullish trend as price approaches the $120 resistance level. The crypto had earlier broken the 12-day EMA, 26-day EMA and the $100 resistance level to reach the bullish trend […]

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BTCUSD Long-term Trend – Bearish   Distribution territories: $5,500, $6,500, $7,500 Accumulation territories: $2,500, $2,000, $1,500   The price of Bitcoin against the US dollar has been pressured down over the past few weeks. The cryptocurrency saw double top shadow Japanese candlesticks between December 9 and 10 at the $3,600 mark, signaling the bulls weren’t […]

RPUSD Medium-term Trend: Ranging   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   The XRPUSD pair has continued to consolidate at the $0.30 price level. There has been no significant price movement in the last 24 hours as the crypto made a bullish movement to the high of $0.31. […]