By Dmitriy Gurkovskiy, author at RoboForex Blog After a lengthy phase of growth, the ETH rate started consolidating near its 13-months peak. On Tuesday, July 28th, it is generally trading at 317.12 USD. On D1, ETH/USD keeps developing an uptrend. After swift growth, the quotations are testing the upper border of the ascending channel. The MACD...Read More
Bitcoin Bitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, July 24th, the XRP is declining after previous growth, trading near 0.2036 USD. On D1, XRP/USD keeps declining. The quotations have bounced off the upper border of the channel and now rest near 38.2% Fibo. The nearest aim of the decline is still 23.6% Fibo; if the...Read More
Link resumed its bullish trend after breaking above a crucial resistance line. Buyers may continue the trend if the price increases above the current monthly high. LINK/USD: Link Starts Fresh Increase From $7 Key Resistance Levels: $8.2, $8.6, $8.9 Key Support Levels: $7.6, $7.3, $7 Last week, Chainlink almost hit $9 after breaking above a...Read More
Chainlink’s price decreased by 7% overnight. It may resume the uptrend if the previous monthly breakout level can hold as support. LINK/USD: Price Holding Above $7.1 Key Resistance Levels: $7.83, $8.2, $8.9 Key Support Levels: $7.11, $6.86, $5.7 LINK/USD. Source: TradingView Earlier this month, Chainlink saw an impressive 95% surge to reach $8.9 on July...Read More
While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms. Chainlink (LINK) continues to impress with its performance,...Read More
Bitcoin Bitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern. Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog An unexpected forecast on the XRP was made by a legendary blackjack expert and billionaire Stephen Wynn. He states that the XRP may reach 10000 USD per coin if in the future, it will be widely used in retail sales and transborder transactions. In an interview to John Navin...Read More
Chainlink continues its bullish sentiment after seeing some correction on Monday. Current ATH around $9 The price is likely to reach $10 in case the bullish momentum proceeds. LINK/USD: Chainlink Resumes The Buy Pressure Key Resistance Levels: $8.9 – $9, $9.5, $10 Key Support Levels: $7.83, $6.86, $5.7 After climbing above $5 earlier this month,...Read More
Cardano found support slightly above $0.12 after losing 8% in two days. Despite the bearishness, it remained bullish on a short-term perspective. ADA/USD: Cardano Trapped Inside A Triangle Key Resistance Levels: $0.133, $0.14, $0.16 Key Support Levels: $0.121, $0.11, $0.1 ADA/USD. Source: TradingView Cardano’s price has dropped by almost 6% following the last 24-hours decrease...Read More
The price of bitcoin keeps rejecting higher heights as the top cryptocurrency fails at major support levels. Bitcoin is expected to attain a lower price altitude within the next few days if the sellers continue to pressure hard. In the long run, buyers stepping in to reverse an inbound bear market will have to conjure...Read More
Tezos’s recovery is quickly approaching the March level of $3.3 after gaining almost 33% in 7 days. It has resumed a mid-term bullish trend following a break above a crucial resistance line across trading pairs. XTZ/USD: Tezos Charging Towards June Resistance Key Resistance Levels: $3.3, $3.5, 3.9 Key Support Levels: $2.85, $2.75, $2.69 XTZ/USD. Source:...Read More
Bitcoin Bitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction. Looking ahead, if the buyers can rebound from the lower boundary...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After growing for two days in a row, the XMR is stepping back: on Friday, July 10th, it is trading at 65.82 USD. Since last week, not much has changed on the XMR/USD chart. The pair behaves as other coins do, demonstrating little volatility. The price is moving between...Read More
Stellar jumped above a 12-month high following 21% daily gains. Against Bitcoin, it’s currently trading just below 1000 SAT. XLM/USD: Stellar Facing Channel’s Resistance Key Resistance Levels: $0.1, $0.135 Key Support Levels: $0.0864, $0.077 XLM/USD. Source: TradingView Stellar saw impressive growth over the past four days, with almost 33% gains since the beginning of the...Read More
ADA is now trading above 2019’s high following a 58% growth in 7 days. The price is now approaching the 1500 SAT level with strong bullish momentum. ADA/USD: Cardano Surges 28% After Crossing $0.1 Key Resistance Levels: $0.16, $0.2 Key Support Levels: $0.11, $0.094 ADA/USD. Source: TradingView The second half of the year is again...Read More
The price broke a crucial resistance line after seeing a month-long downward correction to around $0.002274. After gaining 20% in less than 24-hours, DOGE is currently trading at $0.027. DOGE/USD: Pulling Back After Insane Rally Key Resistance Levels: $0.0029, $0.0030, $0.0035 Key Support Levels: $0.00269, $0.00259, $0.0025 DOGE/USD. Source: TradingView The latest surge in the...Read More
The price jumped to $0.0178, following a 6% growth over the last 24-hours. Against Bitcoin, TRX broke out and slowly gained momentum after staying bearish for five months. TRX/USD: Tron Charges Back At March’s Resistance Key Resistance Levels: $0.0186, $0.0215, $0.023 Key Support Levels: $0.0168, $0.0149, $0.014 TRX/USD. Source: TradingView After establishing a three-weeks low...Read More
VET saw a massive price surge over the past 24 hours as the cryptocurrency reached $0.0168. The coin has been on a rampage this week after exploding by a total of 65%. Against Bitcoin, VET created a fresh 19-month high as it reached the 180 SAT level. Key Support & Resistance Levels VET/USD:Support: $0.0136, $0.011,...Read More
Bitcoin Bitcoin pretty much moved sideways this week after slipping by a small 1%. While predominantly trading in a tight range, BTC did slip beneath a critical level on a couple of occasions but has managed to recover. Last week, Bitcoin fell beneath a rising trend line formation that had been in play since mid-March....Read More
Binance Coin lost 3% over the past hours following a quick drop in Bitcoin’s price. The price continues to face rejection at a crucial resistance line after seven days of recovery. After the breakout, BNB consolidated and dropped back inside a demand zone of 0.0165 BTC BNB/USD: BNB Rejects At Resistance Line Key Resistance Levels:...Read More
Cardano starts the monthly opening on a bullish foot with a total of 13% gains over the past hours. The price is increasing following a huge daily buying volume. Against Bitcoin, ADA surged above last month’s high after seeing 11.11% gains today. ADA/USD: Cardano Signals Fresh Increase Key Resistance Levels: $0.095, $0.97, $0.1 Key Support...Read More
The price slowly recovers after finding small support around $4.27. The daily decrease in volume shows that bears may be around the corner. LINK/USD: Trading Volume Is Fading Away Key Resistance Levels: $4.9, $5, $5.5 Key Support Levels: $4.27, $3.9, $3.5 LINK/USD. Source: TradingView Chainlink’s performance has been quite impressive during the second quarter of...Read More
After witnessing a five-days correction, SNX recovered almost 6% over the last 48-hours trading. Sellers may resume pressure if the price fails to increase above the previous resistance. The trend is still looking bullish in the short-term despite the five-day selling. SNX/USD: It Maintains Lower High Lower High Pattern Key Resistance Levels: $1.83, $1.92, $1.964...Read More
Bitcoin Bitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back...Read More
After a two-week correction, LRC recently found a bottom and bounced back with 10% gains under 24 hours. It may start a new bullish cycle if the weekly low continues to hold as support. LRC/USD: Loopring Forming Bull Flag Pattern Key Resistance Levels: $0.089, $0.95 Key Support Levels: $0.72, $0.62 LRC/USD. Source: TradingView Earlier this...Read More
Matic is trying to bounce back, but the buying volume is currently low. It is now holding a previous break level as support after losing almost 4% of its value overnight. The price is targeting $0.027 level in the next few days if Bitcoin continues to consolidate. MATIC/USD: Buyers Showing Interest After 3.12% Discount Key...Read More
Tezos has been quite dramatic in the last 24 hours. The cryptocurrency underwent a drastic price movement within a long-wicked bull candle with which prices tried to conduct a bull attack beyond the $2.7 area. However, selling pressure took turns consequently and drove the price back downwards towards critical points. Prices met stiff opposition at...Read More
After a slight weekly rebound, VET resumed selling pressure with 4% losses over the last 24-hours. A slip beneath the monthly low could cause more troubles for the 28th ranked crypto by market cap. The market is currently looking bearish on the hourly time frame. VET/USD: VeChain Trades At Crucial Support Line Key Resistance Levels:...Read More
Bitcoin Bitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support. So long as BTC can continue above this rising trend line, the...Read More
