By Dmitriy Gurkovskiy, author at RoboForex Blog At the end of the week, the XMR activity is minimal – investors are accumulating power, waiting for fresh drivers. The cryptocurrency is generally trading at 63.97 USD. This week on the XMR/USD, nothing has changed significantly. The pair behaves as other coins do, demonstrating no significant volatility. On...Read More
Cardano is performing relatively well following a sharp bounce from $0.0637 The bounce was followed by a break out from a two weeks resistance line ADA/USD: Cardano’s Price Rejects Near $0.085 Key Resistance Levels: $0.0846, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 ADA/USD. Source: TradingView Cardano recently broke out from a two-week downtrend to...Read More
Tezos found a bottom around $2.45 after a steady two weeks decline. The overall market is starting to recover the loss with about 0.8%. Against Bitcoin, the price dropped back after a sharp rejection at 28000 SAT level, although it may resume buying short. XTZ/USD: Tezos Is Primed For Recovery Key Resistance Levels: $2.68, $2.71,...Read More
Ethereum price has broken a key support level at $235 following a time of consistent sell-off which occurred between June 16 to date. At the moment, Ethereum is changing hands at $232 as the top cryptocurrency attempts to gain velocity upwards again. Ethereum was trading at $242 as of June 15, 23:00 hours UTC, the...Read More
Bitcoin has seen major price instability for the past few days. As of now, it seems the market sentiments are yet to determine which side to back in the light of the most recent bear attack which saw prices plunging below $9,500 area. After a short-term bull rush on Monday, June 15 which accompanied the...Read More
CRO found support around $0.1, but it is still shaky to provide a strong rebound. It is now ranked 11th by market cap, following 260% growth in three months. Against Bitcoin, CRO buyers appear exhausted after five weeks of parabolic movements. CRO/USD: CRO Exhausting Bullish Momentum Key Resistance Levels: $0.1165, $0.1176, $0.1193 Key Support Levels:...Read More
Chainlink broke down from a channel after reaching $4.9 during a three-month rally. Against Bitcoin, it started to form a symmetrical triangle pattern after recording a yearly high at 56739 SAT in March. LINK regained momentum with an 8% surge overnight. LINK/USD: Chainlink Dropped Off Short-Term Channel Key Resistance Levels: $4.25, $4.5, $5 Key Support...Read More
A weekly close beneath $0.075 and the 3-month trend line suggest a strong correction. The price dropped by 8.5% following a weekly bearish close around $0.07. XLM/USD: Stellar Broke Below 3-Month Trend Line Key Resistance Levels: $0.0738, $0.080, $0.086 Key Support Levels: $0.0627, $0.0523, $0.045 XLM/USD. Source: TradingView The latest dump in the entire crypto...Read More
The price of bitcoin is undoubtedly undergoing hard times at the moment. Presently, the BTC/USD trading pair has fallen below the major support level at $9,500 and now heading for prices at lower lows. Although about 24 hours back, bitcoin tried to put up a bull rally to inject some liquidity into its markets, such...Read More
The trajectory remained bullish on the daily chart, although bears are currently showing strong interest. The price dropped after marking a new yearly high around $0.0107 on June 4. VeChain lost 9% today after rolling back under 100 SAT. VET/USD: VeChain Signals Short-Term Sell Key Resistance Levels: $0.01, $0.0107, $0.01167 Key Support Levels: $0.0087, $0.0075,...Read More
Cardano looks for a rebound after losing 10% in the last seven days. The price is currently looking indecisive across trading pairs. It may breakdown if the immediate support fails to hold incoming pressure. ADA/USD: Cardano Looking For A Rebound Key Resistance Levels: $0.085, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 After breaking out...Read More
Ripple’s XRP is facing an imminent price plunge amid intense selling pressure keeping its price below the key resistance at $0.2. At the moment, prices have successfully touched down the Bottom of the Bollinger band indicator at $0.19. Sliding further below, XRP/USD found support at the $0.183 level on June 11, 21:30 hours UTC. The...Read More
The LTC/USD pair looks currently trapped in a falling wedge pattern with a $7 price margin. The wedge is contained within an upper limit capped at $49 attained on June 2, 17:30 hours UTC and the lower price level at $42 which was recently touched on June 11, 21:30 hours UTC. Although the general market...Read More
Bitcoin Bitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday. Luckily, it found support at...Read More
After reaching $0.03 mark yesterday, ZIL for support around $0.024 and bounced back. Zilliqa’s parabolic move looks strong, but it’s maintaining higher highs and higher lows on the 4-hours time frame. ZIL/USD: Zilliqa Bouncing Back Key Resistance Levels: $0.03, $0.032, $0.034 Key Support Levels: $0.024, $0.0226, $0.0198 ZIL/USD. Source: TradingView Zilliqa saw an impressive performance...Read More
Ethereum met with a brisk downfall in which about 8% of its price was lost in the last 24 hours. The fall which transpired in prices plummeting below critical support at $235 happened after bitcoin failed the resistance at $9,900 about 48 hours ago. Ethereum price is immediately roaming around the $235 area as the...Read More
Cardano exhausted buying pressure after marking a new yearly high near $0.092. It maintained the same trend across trading pairs as sellers slowly take over in the short-term. The price is currently down by 4%. ADA/USD: Cardano Eyeing $0.070 For Short-Term Correction Key Resistance Levels: $0.085, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 ADA/USD....Read More
The price of LINK remains steady above the $4 mark despite market sentiments which have generally turned highly unstable. Amid sudden price range-bound experienced in the markets early on into the week, LINK remained steady and traded sideways through the turmoil. However, it seems LINK will have to respect an inbound bear tantrum that might...Read More
The price is currently up by 2.2% as bulls continued to gain control over the short-term. After gaining support around 45000 SAT, Link bounced back and charge towards last week’s high of 47267 SAT level. Link is now consolidating around $4.5 after rejecting $4.9 (February’s resistance) last week. LINK/USD: Link Remains Neutral Above $4 Key...Read More
Litecoin is holding up strong above the $45 level. The buyers have been able to mark that area as a territory and are now aiming to make a strong move towards $50. Although its however unknown how effortlessly buyer pressure may push price upwards, there exist some levels of major resistance as the price travel...Read More
Tron reached $0.0185 ~ 192 SAT after gaining almost 30% in a month. It may reclaim yearly high if buyers continue to show commitment in the mid-term. The increase follows Justin Sun’s announcement about the upcoming TRON 4.0 launch in July. TRX/USD: Tron Faces March’s Resistance Key Resistance Levels: $0.0214, $0.0227, $0.0265 Key Support Levels:...Read More
Ethereum has broken a major resistance at the $220 level as the cryptocurrency stabilizes its price above that resistance level. The popular cryptocurrency began an assault to surge higher on June 8 and has now successfully climbed through major barriers while the bulls are demanding to run for the $250 mark. In the short term...Read More
After losing $35 on Tuesday, Bitcoin Cash slowly bounced back to about $256. Against Bitcoin, it is trading nicely above 0.026 BTC following a recovery from a four-week low. The mid-term target for BCH lies at 495 if it successfully breaks above the crucial $280 level. BCH/USD: BCH Charging Towards Key Resistance Again Key Support...Read More
Ripple bull seems to have temporarily vacated the markets as XRP tests lower prices below the critical $0.2 mark. After days of struggling to stay afloat the $0.21 area, XRP has finally given up its dreams of breaking the strong resistance level and is now looking to find support at 0 Fibonacci levels. Although support...Read More
Bitcoin Bitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high. Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week...Read More
Ethereum is trying to break a resistance at the $245 mark to continue an uptrendFurther resistances lie at $246 and $249 respectively Ethereum will most likely break the resistance at $245 amid present preparations towards a $250 run. The top cryptocurrency surged quite quickly to its present point at $244.5 after recently crashing below $235....Read More
Cardano recorded 7% gains to reach $0.0917 in two days as bulls remain in charge The price is now facing a crucial resistance line on the hourly chart ADA/USD: Cardano Holds Weekly Support At $0.074 Key Resistance Levels: $0.0917, $0.095, $0.1 Key Support Levels: $0.082, $0.074, $0.07 ADA/USD. Source: TradingView Last week, Cardano saw an...Read More
The price increased by 7% to reach $265 today after facing tough resistance at $230 Bitcoin Cash is ready for a long-term move, but it would need to surpass crucial resistance at $281 Against Bitcoin, the price breaks away from a bearish zone after a 3% increase BCH/USD: BCH Is Slowly Rising Back Key Support...Read More
Ethereum is spitting fire currently. The top cryptocurrency first took us by a surprise when the Eth/USD pair set sail for $220. As Eth blasts through that long-respected resistance level at $220, the coin gathered momentum in order to overcome a major hurdle between $225 and $230. As all became stories thereafter, Ethereum yesterday was...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 2nd, the ADA remains positive, looking upwards. It is generally trading at 0.0816 USD. Last week, the ADA attracted the attention of the market, growing significantly. On Friday, May 29th, its price increased by 14%, having fundamental reasons for such growth. On D1, ADA/USD keeps developing...Read More
