Technical Analysis

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.29, $0.27, $0.25   On February 8, the XRP price made some bullish gains but thereafter the price pulled back to the low of $0.30. The downward correction has made the crypto’s price fall into the bearish trend zone. The […]

BTCUSD Long-term Trend – Ranging     • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500   The price of Bitcoin has been seeing the $3,500 support keep on holding its price since January 11. After it was breached southwards the cryptocurrency notably sprung up, an impact reflect in most cryptocurrencies on […]

Royal Bank of Scotland stock (LSE:RBS) has assumed a bullish trend, and it is set to recover its recent loss. The current pullback is only a pause in the bullish momentum, after which it is expected to continue. The ADX period 14 is at the level 20, showing some decrease in the market momentum. The […]

IBM shares (NYSE:RBS) have also started moving northwards in recent times and it would also recover some of the losses sustained in the last several months. Price is above the EMA 21, which supports the bullishness in the market. The Williams’ % Range period 20 is in the overbought region, which means the bullish momentum […]

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.27, $0.25, $0.23   The XRP price is still in the bearish trend zone as the crypto closed at a price of $0.29. From the daily chart, we are waiting to see when the price action will tell us about […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500   On January 28, bitcoin’s price was dragged southwards past a low seen the past week, which saw it enter a new range. Bitcoin’s price is now trading between the $3,500 and $3,000 marks.   The cryptocurrency’s […]

BTCUSD Medium-term Trend: Ranging   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $3,500, $3,300, $3,100   The price of Bitcoin is in the bearish trend zone. On January 29, the crypto fell to the low of $3,430.10 and commenced a bullish movement. The bulls have broken the 12-day EMA but were yet to […]

ETHUSD Long-term Trend – Ranging   • Distribution territories: $160, $180, $200 • Accumulation territories: $90, $70, $50   Ethereum’s price this week has moved in an almost perfect way, compared to last week’s formation. The cryptocurrency has been consolidating around the $120 level, after a sudden decline that occurred on January 10. Currently, both […]

S&P 500 market (SPI:SP500) looks promising for a great bullish run this year. There was an uptrend in the market until October 2018, when price began to plunge heavily, reaching a yearly low in December and bouncing upwards to resume a nice bullish movement. Where price bounced upwards, it was seen that it successfully closed […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $3,000, $2,500, $2,000   Bitcoin has been trading around the $3,500 mark over this week’s trading sessions, and has been maintaining the $3,500 and $4,000 as the boundaries to its range since December 21.   The cryptocurrency’s price has been […]