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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Ripple’s XRP Surges to Meet Key Resistance Area, Can it Continue Higher?

Ripple’s XRP started the week surging above the range it had formed from $0.29 to $0.31. It continued past resistance at $0.35 and currently trades around $0.38. $0.39 to $0.4 is the next important area to monitor, being an area of significant trading activity in the past and also being at a key psychological point for […] Ripple’s XRP Surges to Meet Key Resistance Area, Can it Continue Higher? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-19 18:19