Technical Analysis

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.27, $0.25, $0.23   The XRP price is still in the bearish trend zone as the crypto closed at a price of $0.29. From the daily chart, we are waiting to see when the price action will tell us about […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $2,500, $2,000, $1,500   On January 28, bitcoin’s price was dragged southwards past a low seen the past week, which saw it enter a new range. Bitcoin’s price is now trading between the $3,500 and $3,000 marks.   The cryptocurrency’s […]

BTCUSD Medium-term Trend: Ranging   • Resistance levels: $7,000, $7,200, $7,400 • Support levels: $3,500, $3,300, $3,100   The price of Bitcoin is in the bearish trend zone. On January 29, the crypto fell to the low of $3,430.10 and commenced a bullish movement. The bulls have broken the 12-day EMA but were yet to […]

ETHUSD Long-term Trend – Ranging   • Distribution territories: $160, $180, $200 • Accumulation territories: $90, $70, $50   Ethereum’s price this week has moved in an almost perfect way, compared to last week’s formation. The cryptocurrency has been consolidating around the $120 level, after a sudden decline that occurred on January 10. Currently, both […]

S&P 500 market (SPI:SP500) looks promising for a great bullish run this year. There was an uptrend in the market until October 2018, when price began to plunge heavily, reaching a yearly low in December and bouncing upwards to resume a nice bullish movement. Where price bounced upwards, it was seen that it successfully closed […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $4,500, $5,000, $5,500 • Accumulation territories: $3,000, $2,500, $2,000   Bitcoin has been trading around the $3,500 mark over this week’s trading sessions, and has been maintaining the $3,500 and $4,000 as the boundaries to its range since December 21.   The cryptocurrency’s price has been […]

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   The XRP price is in the bearish trend zone as the price is range bound at the $0.33 price level. As the crypto’s price is ranging, the exponential moving averages are trending southward. The crypto’s price […]

ETHUSD Long-term Trend – Bearish   Distribution territories: $200, $220, $240 Accumulation territories: $90, $70, $50   On January 10, Ethereum’s price went through a notable decline after it was trading along the $160 mark. The cryptocurrency failed to push past said mark after trading between the $160 and $140 range, and ended up falling […]

XRPUSD Medium-term Trend: Bearish   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.36, $0.34, $0.32   The XRPUSD pair had been range bound for days but fell to the bearish trend zone yesterday.The crypto’s price was in a bullish trend that resulted in a price rally. The bullish trend was short lived […]

BTCUSD Long-term Trend – Ranging   • Distribution territories: $5,000, $5,500, $6,000 • Accumulation territories: $3,000, $2,500, $2,000   Bitcoin’s price has kept on seeing a significant number of weak price swings, a trend that’s been going on since the last week of 2018. The cryptocurrency has maintained the $4,000 and $3,500 marks as well-defined […]