By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 8th, the XRP remains in a flat, slightly declining. It is generally trading at 0.2166 USD. On H4, XRP/USD is correcting the previous declining wave, moving in a mid-term ascending channel. The quotations rose to 50.0% Fibo but a divergence on the MACD proved the necessity...Read More
Monero(XLM) is 9% on a 24 hour trade price, the highest of all top 30 today. XLM/USD breaks the resistance at $64.40 and sustains at $64.93. Monero(XLM) turns out to have a good swing week, the price opened with $60.37 against USD and since then holds a bullish momentum. This Winner has gained 9.02% since...Read More
Binance Coin is currently positioned in a downward direction. BNB may regain momentum if buying volume continues to increase again. The price dropped beneath 7-month support following a considerable selling pressure from 0.0023 BTC. BNB/USD: Binance Coin Remains Under Correction Key Resistance Levels: $18.7 Key Support Levels: $16, $14.9 BNB/USD. Source: TradingView Following the latest...Read More
The price of bitcoin has been particularly unstable for the past days. It would seem as though market sentiments are yet to decide which side to back as the forthcoming halving sets swinging price emotions. After a short-term bull run on Monday which escorted the bulls towards the resistance at $9.5k area, bear markets took...Read More
Ehereum has been attempting to stay above the critical level at $200. After its April surprise action to $227, the bears crept back compelling Ether down through major support levels at $210 and $200. Support stabilized at $195 put an end to the selling pressure and deflected a logical dive under $190 and towards the...Read More
Tezos is starting to show strength, but the current gain is not enough to catalyze any bullish momentum. While Tezos saw a small increase for some days, the price continued to drop against Bitcoin. Tezos found weekly support at $2.6 after witnessing a small recovery. XTZ/USD: Tezos Locates Temporary Support At $2.6 Key Resistance Levels:...Read More
Chainlink (LINK) is one of the two cryptocurrencies that show a great correlation to the price of bitcoin with just a few days to the much-anticipated bitcoin blockchain reward halving. The other is Tezos (XTZ). As this price analysis focuses majorly on LINK, technicals reveal that the price of LINK falls whenever the price of...Read More
Currently, the entire cryptocurrency market is struggling to gain momentum. Bitcoin price is hovering within $10k resistance, while few altcoins demonstrate positive momentum. According to CoinMarketCap, the total capitalization of all digital coins in circulation hit $251billion. The leading coin with maximum growth is Digibyte with a 24% spike. According to Coinmarketcap data, the DGB...Read More
Despite the ongoing correction, Link remained relatively stable today. The price is likely to bounce back if the channel’s lower boundary continues to act as support. Chainlink would continue to correct downward as long as selling volume increases in the market. LINK/USD: Chainlink Struggles Under $4 Key Resistance Levels: $4, $4.5, $4.98 Key Support Levels:...Read More
Bitcoin today crossed $9k in early hours but failed to stall and sloped down to $8,876.73. The price drop may be the effect of US Treasury announcement asking $3 Tn more The Sudden drop creates a feary Index, but the Market sentiment still positive Will the bull returns to $9k level and stall and hit...Read More
Tezos undergoes a correction across its trading pairs as buyers wait to reiterate actions. A strong rebound at the ascending trend line would validate a continuation for XTZ bulls. The price is trading near a key psychological level, but bears are looking for more gains. XTZ/USD: Tezos Correcting At 7-Week Trend Line Key Resistance Levels:...Read More
Bitcoin Cash ( BCH ) drops to 6.37% low over 24-hour trade with a slight bullish correction, the price settles in $240 region With the Marker Cap of $4.47 billion valuations, BCH is on 5th rank and currently trading at $$242.27 against USD and 0.02769552 BTC against bitcoin with 24 hour low over -3.94%. The...Read More
Zilliqa ( ZIL) price has had good Progress this week, the ZIL traded at $0.005207 last Monday and has been performing well since then. Currently trading at 0.007293 against USD with 17% high over the last 24 hours, This Asset has an all-time high price of $0.231489 USD in May 2018 and all-time low was...Read More
Today’s crypto market is bleeding red but HOT Coin has a Bullish Wave 96% assets have slight bearish correction with lower support. The top-performing altcoin at the time of writing is Holo coin (HOT) which is getting a 26% pump taking it to $0.000545 USD trading value. This altcoin has pumped and dumped over the...Read More
Yesterday, Bitcoin price showcased a massive flood of buying pressure that enabled it to overcome its previous resistance levels, reaching $9,000. Since then, the BTC bulls were not capable to push it to a very high level of $10,000, which could indicate that it will face higher short-term selling pressure. Following the impressive rally, the...Read More
The MACD and other technical Reports lean towards a Bullish trend. Launched in March 2015 NEM(XEM) stands for NEW ECONOMY MODEL ( XEM) holds the 27 ran in coinmarketcap with a current market Supply worth $38,22,28,000 USD. It’s a two-layered blockchain with a POI (Proof of Importance ) Consensual model. NEM is also called as...Read More
Bitcoin Bitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension). This price increase...Read More
LINK the 12th Ranked Cryptocurrency with a $1.3 billion market was unable to make it to $4, currently trading at $3.85. Since it Kicked of $2.2 in April the market has bullish corrections and in 2 days it also managed to break the Resistance of $3.7. The market anyway shows a Significant momentum in today’s...Read More
The crypto market is recovering from yesterday’s bearish phase. At the time of writing, XLM is the leading in terms of growth with more than a 5.53% rise. whereas Crypto.com Coin is the biggest loser with more than 6% loss. Stellar, which was silent during the Bitcoin bull season has increased surprisingly today. According to...Read More
Chainlink hit $4 following a 5% gain, but buying pressure is getting weak by the day. A break below the 7-week channel could bottom Link straight to $2.5 Link returned gains after losing the 50000 SAT support-turned-resistance levels. The price is moving in the opposite direction across trading pairs. LINK/USD: Price Continues To Hold In...Read More
When Bitcoin price surged as a Pre-Halving effect, the altcoins followed the trend. The Bitcoin SV on Wednesday opened at $208.31 and is currently trading at $220.48 (11.63%) high in 24 hours. Since the 4 days of trading were tight, ranging from 187.16 to $203.40, the buyers and sellers were not placing any big bets...Read More
Litecoin is currently facing monthly resistance, but the future looks very promising for the bulls Against Bitcoin, the price continued to follow a bearish sentiment on a short-term perspective If a rebound fails at the 0.005575 BTC support level, Litecoin may roll back to March low LTC/USD: Litecoin Stuck At Resistance Key Resistance Levels: $47.68,...Read More
Ripple continues with the same pivot level of $0.22 after entering the day with $0.21 The ongoing bitcoin halving buzz also anticipates the rise of XRP to cross $0.30 candle. Wednesday is yet another good day for Ripple (XRP) which is currently trading $0.2143. Followed by the bullish trend of the Tuesday market that went...Read More
TezTezos price continued to increase after finding a rebound level yesterday. The bullish bias is still dominant, but XTZ needs to reclaim previous resistance. A mild correction could start for Tezos if the price drops below the previous lows. XTZ/USD: Tezos Recovers Above $2.7 Key Resistance Levels: $3, $3.3 Key Support Levels: $2.57, $2.37 XTZ/USD....Read More
As we have so far witnessed, Bitcoin is rising in an unprecedented way. Although some section of the market believes that this bullish trend is the effect of the upcoming Bitcoin mining reward halving, a lot of experts argue the halving may not have any effect on Bitcoin. But for the rest of us, it’s...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, April 28th, the TRX keeps growing smoothly. It is generally trading at 0.0145 USD; the market is positive. On H4, TRX/USD demonstrates a stable uptrend. The MACD has moved to the positive zone, i.e. factors are promising further growth. However, note that this growth is a correction...Read More
Cardano’s price is up by 3.9% but showing weakness in the current 4-hours chart. A correction is likely to play out if Cardano fails to reiterate bullish actions. ADA regained momentum at immediate support, although the price is now roofed at technical resistance. ADA/USD: Cardano Reaches Channel’s Resistance Key Resistance Levels: $0.0481, $0.05, $0.053 Key...Read More
Ethereum shot higher in the past 24 hours. The North American Market places the cryptocurrency above $189. Ethereum Price rallied after a buying demand emerged at around $184.97 earlier today in the market. Meanwhile in the Asian market the ETH/USD pair traded just around 183.30 below the 183.83 zone which represents the 23.6% retracement of...Read More
Today, the crypto market is showing mixed signals. Top currencies like BTC, ETH, XRP have seen a minor gain in their prices. However, some currencies are standing strong and have a steady growth rate. The Cosmos (ATOM) coin is one such currency. At the time of writing this, the Cosmos coin price has increased by...Read More
Bitcoin Bitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support...Read More
