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Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42


XRP Technical Analysis: XRP Price is “Bitcoin Proof” Says Wirex CEO

Technically, Ripple (XRP) is bearish and that’s despite news of Wirex support or coin listings in different exchanges around the world which is of course supportive of price. Following yesterday’s high volume XRP bull candlestick reversing from support, chances are we might see a follow through today but that won’t be enough to warrant XRP. дальше »

2018-7-25 03:04


Bitcoin Price Up Nearly 3 Percent, Is the Market Turning Bullish?

Ever since December 2017 when the price of Bitcoin reached its all-time high of $19,511, Bitcoin and other cryptocurrencies have been stuck in a very bearish market. Over the last six to seven month’s, the top-ranked cryptocurrency‘s value fell approximately 70 percent and even fell below $6,000 during the end of June 2018. However, despite […] дальше »

2018-7-24 13:28