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
The price continued to increase after gaining momentum from the weekly support. Currently, the bulls are in control of the market across trading pairs. Tezos surged 11% to reach $2.66 today following a recent break above monthly high. XTZ/USD: Tezos Stays Bullish Above Weekly High Key Resistance Levels: $3, $3.3 Key Support Levels: $2.38, $2.07...Read More
Stellar reactivated a mid-term bullish trend following a 17% increase over the last 24-hours trading. After breaking out from a monthly resistance, XLM continued to increase and reclaimed last month’s high – $0.0618 Stellar is now targeting 8-month resistance following a monthly recovery from 600 SAT support level XLM/USD: Stellar Reactivates Bullish Above Monthly High...Read More
Chainlink continued to gain momentum in the channel. In the last seven days, LINK is up more than 15%. Against BTC, price and volume are in contrast, but LINK’s bullish trend remains valid on the 4-hours chart. LINK/USD: Chainlink Recovery Holds In a Five-Week Channel Key Resistance Levels: $3.8, $4, $4.5 Key Support Levels: $3.38,...Read More
Tezos is likely to correct downward to $1.6 if the price plunges below a five weeks wedge. Against Bitcoin, XTZ established resistance around 32840 SAT after gaining 27% in two weeks. Nonetheless, Tezos is still looking bullish across trading pairs despite the recent drops. XTZ/USD: Tezos Looking Bullish But Breakout Is Imminent Key Resistance Levels:...Read More
Zcash is technically looking bullish on a short-term across its trading pairs. It remains one of the biggest gainers following a 35% increase in the last seven days of trading. The increase in buying volume suggests more bullish momentum is underway. ZEC marked new monthly high after breaking out from a four-week ascending channel yesterday...Read More
Top cryptocurrency, Ethereum has recorded a remarkable market dominance in the early days of this quarter. As of today, Sunday 19th April 2020, the bitcoin rival cryptocurrency touched the 10% market dominance mark, signaling inbound upward waves in market traction and price momentum. In a landmark that could be described as one of the many...Read More
Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back...Read More
EOS touched $2.74 after bouncing back with a 10% gain over the last 12-hours Against Bitcoin, EOS price was rejected sharply after attempting to break-through the 3800 SAT resistance. If EOS fails to find a rebound level at $2.6, the bears may resume pressure inside the hourly descending channel. EOS bulls continue to weaken at...Read More
Yesterday April 15 Bitcoin traded around $6,700 no one could expect the cryptocurrency to break through to the $7,000 level. Bitcoin which currently trades at $7,021.73 increased by more than $500 in the past 24 hours alone. The cryptocurrency rose from $6,650 to $7,145 in a matter of one and a half hours. Liquidation on...Read More
Litecoin could start fresh increase if buying pressure increases above immediate resistance Against USD, Litecoin is following a lower low and lower high pattern on the 4-hours chart A break below 0.00585 BTC support may cause serious bearish action for the LTC/BTC pair, but a triple bottom pattern is much likely to play out. LTC/USD:...Read More
Ethereum is moving strong with a trading value of $155 against the US dollar. Ethereum price will be touching the peaks with the bullish breaks if it crosses the $160 and $162 resistance level. ETH prices are escalating higher and higher and are showing positive growth at $155. The bulls will be attracting audiences with...Read More
While Chainlink holds support at $3.3, a break down could lead to a massive drop in price. Against Bitcoin, Link is beginning to flag a bearish trend after dropping off a 4-day wedge. LINK/USD: Chainlink Holding Support At $3.3 Key Resistance Levels: $3.48, $3.6.2, $3.8 Key Support Levels: $3.3, $3, $2.8 LINK/USD. Source: TradingView The...Read More
Binance Coin surged 5% to reach a current daily high of $15.1 but facing strong resistance around that area. Against Bitcoin, BNB reached 0.0022 BTC after breaking a four-week high today The price action is looking bullish on the 4-hours chart, but BNB remained neutral since the wedge breakout against the US Dollar BNB/USD: BNB...Read More
Bitcoin Bitcoin is up by a small 2% this week after suffering a major setback when it dropped by 5.5% in today’s trading session. The cryptocurrency had surged from the $6,800 level last Friday to reach as high as $6,400 at the start of this week. However, in today’s trading, Bitcoin fell by over 5%...Read More
Tezos dropped by a sharp 9% today as the cryptocurrency falls from $2.18 to reach $1.91. Despite this recent price drop, Tezos is still up by a total of 12% on the week. The cryptocurrency also rolled over against Bitcoin as it falls to 0.00028 BTC. Key Support & Resistance Levels XTZ/USD: Support: $1.90, $1.85,...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog. On Friday, April 10th, the XRP price is declining. The cryptocurrency is generally trading at 0.1934 USD. On H4, the quotations remain inside an ascending channel. However, we must note that the ascending has reached 38.2% of the previous declining wave. and a divergence has formed on the MACD....Read More
Despite weak buying pressure across trading pairs, Bitcoin SV is still up by 2.8% at the moment following its halving. A break above the previous high is expected to keep buyers on track. Nonetheless, Bitcoin SV has reactivated a short-term bullish trend following recent sudden price movement. BSV/USD: BSV Aiming More Gains But Price Is...Read More
XRP dropped by a small 2.5% over the past 24 hours as it attempts to climb above $0.2. The cryptocurrency bounced from support at $0.17 and managed to surge by a total of 14% over the past 7-days. Against Bitcoin, XRP is attempting to break strong resistance at 2710 SAT. Key Support & Resistance Levels...Read More
LINK surged by a total of 10% over the past 2-days as it reaches $2.80. It has now reached resistance at the 100-days EMA as it sets its sights to head above $3.00. Against Bitcoin, LINK has also surged as it climbs from 0.00033 BTC to reach 0.00038 BTC. Key Support & Resistance Levels LINK/USD:...Read More
