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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


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XRP Price Analysis: Ripple Under Immediate Selling Pressure

XRP USD Short-term price analysis Ripple price under immediate selling pressure below $0.34 level. Early week decline has sent the XRPUSD pair below $0.3188 and to a fresh 2019 trading low Price trades below the neckline of a bearish head and shoulder pattern, August 2018 low may soon come into focus In the short-term, the […] The post XRP Price Analysis: Ripple Under Immediate Selling Pressure appeared first on Crypto Briefing. дальше »

2019-1-21 17:59


Dogecoin [DOGE] Price Slowly Declines Within Trading Range

Dogecoin traded in a descending triangle last week. A Descending triangle is a bearish continuation pattern that increases the likelihood that the next significant move will be to the downside. As bearish movements broke out across the market yesterday, Doge also broke below its descending triangle and entered an important range between $0. дальше »

2019-1-18 19:09


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02