Price Analysis: XRP heading down, EOS preparing for a slump while ADA about to jolt up

2019-4-14 15:37

XRPUSD

On the daily XRP/USD chart, XRP is stuck in a sideways channel of long term support of $0.29 and resistance at $0.36.

Right now, the price is sitting at the MA200 that is acting as a support zone. On the 4h chart, XRP is moving in a very tight range with Bollinger Bands squeezing it narrower and narrower, foretelling a big move, up or down. Since the volume is very weak and secondary trend is down, it is more likely XRP sinks to the $0.29 hard support.

EOSUSD price analysis

Looking at the weekly chart, EOS has entered a long-term bull trend with the clear upwards moving trendline.

However, zooming in on the daily timeframe, EOS has seen a bullish cross of MA50 and MA200 and the price is currently floating around a long-term support/resistance zone of $5.15. There is a contraction on the BBands which in combination with a low volume indicates an imminent move downwards.

ADAUSD Price analysis

ADA has seen some nice gains in the recent couple of weeks and the price is in a both secondary and minor bullish trend. There is descending triangle formation on the 4h chart which could indicate a potential jolt up to the next resistance level of $0.10 which is a long term support and resistance zone for ADA.

The post Price Analysis: XRP heading down, EOS preparing for a slump while ADA about to jolt up appeared first on CaptainAltcoin.

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Ripple (XRP) на Currencies.ru

$ 1.3849 (-0.46%)
Объем 24H $2.268b
Изменеия 24h: -0.72 %, 7d: -3.05 %
Cегодня L: $1.3683 - H: $1.3934
Капитализация $84.797b Rank 5
Цена в час новости $ 0.3256 (325.34%)

xrp price support chart jolt eos preparing

Источник: captainaltcoin.com

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