After testing $180 two days ago, ETH / USD bottomed out at $171 on Bitstamp. Right when the price hit that level, decent buy volume pumped the Ethereum price to $175. Due to lack of volume, the market since then has been trading sideways, just like most other cryptocurrencies today. Let’s go over any Ethereum...Read More
Another boring day in crypto where the markets don’t seem to be moving much. Most cryptocurrencies are trading sideways after a brief bull run last night. Let’s take a look at some of our favorite altcoins and see if the indicators tell us what’s to come ahead. Ethereum Price Analysis (ETH/USD) On today’s hourly chart,...Read More
LEOcoin Price Analysis (LEO/USD) LEOcoin has drastically dropped from where it closed yesterday at $1.1419 and is now changing hands at $1.1250. The downside pressure seemed to have gained support from the moving averages that are now suggesting a bearish sign. This is since the long-term SMA (A) has been gravitating above the short-term SMA...Read More
Let’s kick off a slow Wednesday with technical analysis for the three big Bs: BTC, BCH and BNB. Even though crypto markets may look like they are snoozing, the indicators are very much alive. Bitcoin Price Analysis (BTC/USD) BTC/USD has corrected gains to trade above resistance level $10501.68. An attempt to break above $10718.57 (R)...Read More
Binance Coin has seen a decrease of around 3.76% over the past 24 hours which brought its price to $21.59. BNB has been struggling as of late after dropping by 14% over the past week and with 22% over the past month. Binance is the seventh-largest cryptocurrency with a market cap of $3.39 billion but...Read More
Binance Coin has seen a decrease of around 3.76% over the past 24 hours which brought its price to $21.59. BNB has been struggling as of late after dropping by 14% over the past week and with 22% over the past month. Binance is the seventh-largest cryptocurrency with a market cap of $3.39 billion but...Read More
After a week of being in the doghouse, Bitcoin has finally broken through the $10,000 level and is back above it once again. BTC made a big move today right after Labor Day ended, jumping by almost $1000 in mere hours. Bitcoin is currently trading at $10,411 on Bitfinex, attempting once again to hold the...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, September 3rd, the TRX cryptocurrency remains under pressure, but there is no more aggressive selling. The instrument is generally trading around $0.0158. Tron Price Analysis In order to understand what is going on with TRX (TRON), let us have a look at the daily timeframe. Here,...Read More
Binance Coin Price Analysis (BNB/USD) On an intraday chart, BNB/USD pair has dug deep to trade below the $25.0000 level. However, it has maintained a downside mode with a dip of about 0.98% over the last 24hrs. A high volatile movement was also encountered with price hovering between $21.6957 and $21.1765 (Support and resistance level). ...Read More
After dropping by over $1,000 in a single day last week, Bitcoin has been trading sideways around the $9,500 range this weekend. The past couple hours have been exciting for the market though, because the Bitcoin price broke upwards and tested $9,800. It’s clear that the market will test the $10,000 level once again, as...Read More
After peaking at $350 back in June, the Ethereum price has been on a steady decline ever since. After staying at the $200 level last month, ETH has bottomed out at $170, which is where we are today. Ethereum News Some awesome news today for Ethereum. Coindesk reported that Telegram’s new blockchain TON will be...Read More
Bitcoin Price Analysis (BTC/USD) BTC/USD pair is today correcting gains from yesterday’s massive fall that dropped its price down below the $10,000 level. However, the pair’s price is today, trading between support level $9381.81 and resistance level $9573.84. Additionally, the RSI indicator moved from the oversold level and is currently heading towards the positive area....Read More
NEO Price Analysis (NEO/USD) On today’s intraday chart, NEO/USD has noted a remarkable downside move with a strong bearish trend line formed that also signaled a bearish bias. NEO’s price tumbled from where it began the session at $9.5713 to where is presently trading at $8.6780. Additionally, the moving averages also suggested the downtrend since...Read More
Litecoin has been dragged through the mud recently after suffering a 13.55% price decline over the past week. This brought its price to $63.93 as it broke beneath a long-term rising support line. Litecoin has now dropped by a substantial 33% in the past 30 days alone as investors wonder how long this could possibly...Read More
Binance Coin has seen a major decline of 11.7% over the past 24 hours, as it currently trades at around $21.90. The drop is largely attributed to the 7% price decline seen in Bitcoin, however, BNB has also fallen further against BTC adding to its demise. Binance Coin has now plunged by over 17% throughout...Read More
Chainlink Price Analysis (LINK/USD) On an hourly chart, the current price of LINK/USD pair is hovering around $2.0635 having dropped slightly from yesterday’s closing price of $2.0286. This approximates to a drop of 1.7% over the last 24hrs. LINK/USD has also undergone through a high volatility trading up and down ranging between the key resistance...Read More
After peaking at $12,000 earlier this month, Bitcoin is once again hovering over the $10,000 level making everybody nervous. BTC/USD is currently trading at $10,290 on Bitstamp with relatively low volume. Overall the market is looking healthy which comes to no surprise since Bitcoin seems to love the current range. Bitcoin News When it comes...Read More
Stellar Price Analysis (XLM/USD) On an intraday chart, stellar has recorded a strong selling pressure that has led to a dip in the volatility level. XLM/USD pair began the sell-off yesterday trading at $0.0717 that was followed by a steep fall that fluctuated the price down to closed at $0.0680 where it later tested the...Read More
Binance Coin struggled this week after dropping by a total of 8.51% as it currently trades at around $26.31. Throughout the week, the cryptocurrency fell beneath the 100-days EMA and a long term rising support trend line. BNB has now dropped by a total of 21% over the previous 3 months. BNB remains the 6th...Read More
Over the last 5 day of trading, the market of IOTA/USD pair has exhibited a strong bullish outlook on a 4hr time frame. The bulls seemed to have been dominating the momentum as the volatility is getting higher. The upside move shifted the price action from a critical support level of $0.23423 to $0.25647. Additionally, a struggle to...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS sales continue, but on Friday, August 23rd, the market mood is too ambiguous. At the end of the week, the EOS is declining, trading at $3.62. Technical Analysis On the daily timeframe, the EOS remains inside the downtrend, the quotations inside the channel. The short-term situation in...Read More
At present, the crypto space retains bullish sentiments with major coins staying green. Also, Bitcoin price is showing minor gains of 1%, while altcoins demonstrate positive momentum. Tron is leading second among top 20 crypto market with 6% gains. TRON coin price has been on a roll for the past 24 hours. At Press time,...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Technical Analysis On the weekly timeframe, the Bitcoin remains in the correction phase, which may extend and bring the quotations to the psychologically important level of $7000.00. Upon the end of the correction, a new wave of growth may be expected, confirmed by the ascending dynamics of the...Read More
Chainlink Price Analysis (LINK/USD) Yesterday decline continues today as the market of LINK/USD pair records a down surge. LINK seemed to have succumbed to the selling pressure that has formed a strong bearish trend line over the last 24hrs. The downside move began the session trading at $2.2455, where it later escalated to $2.1496 that...Read More
Although the whole crypto market is bleeding red, few altcoins are gaining significant growth. One coin that stood out among the rest is the Basic attention Token (BAT). The coin received a major push with 11.80% spike and is currently holding 30th position. The Basic Attention Token price is continuously surprising investors and traders. Yesterday,...Read More
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure...Read More
Litecoin has seen a further 5% price decrease over the past 24 hours, which has brought the price of the cryptocurrency down to $70. This latest price drop is mostly a result of Bitcoin dropping back beneath the $10,000 region as things start to look bleak for the overall cryptocurrency market. Litecoin remains the fifth-largest...Read More
Cardano Price Analysis (ADA/USD) The price of ADA/USD pair has recorded an impressive price recovery over the intraday. The price-performance is bullish with an upsurge gain of 11%. The market escalated from where it closed yesterday at $0.04719 where it is currently trading at $0.05027. Additionally, the market began the session with a bullish pressure...Read More
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, a bullish engulfing candle started...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests...Read More
