Price Analysis Jan 22: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA
The price action of most major cryptocurrencies suggests a minor correction or consolidation for the next few days Go to Source Powered by WPeMatico
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The price action of most major cryptocurrencies suggests a minor correction or consolidation for the next few days Go to Source Powered by WPeMatico
After two days of declining, the XRP stabilized, and on Tuesday it is trading at $0.2364. On D1, the XRP/USD quotations remain inside the long-term bearish channel. However, after a convergence on the MACD, the resistance line of the mid-term channel was broken out. This situation means the development of a mid-term correctional phase which … Read more
Bitcoin price is holding up well, which suggests that the uptrend might resume and a move to $10,000 is likely Go to Source Powered by WPeMatico
After an amazing week which saw numerous cryptocurrencies notch double-digit gains, traders can wait for the current dip to playout before initiating fresh positions once again Go to Source Powered by WPeMatico
Though altcoins are spearheading the rally, Bitcoin is also likely to pick up steam and rise above $10,000 in the next few days Go to Source Powered by WPeMatico
On Friday, January 17th, the Dash cryptocurrency is trading at $122.40. On D1, DASH/USD demonstrates a confident impulse of growth. These dynamics are quite logical. The first reason is the decline of the quotations to a very low level of $38.12. The second signal of the growth was a divergence on the MACD. The third … Read more
Minor corrections driven by profit booking within major cryptocurrencies is likely to occur over the next few days but with the current market setup, dips can be viewed as buying opportunities Go to Source Powered by WPeMatico
The LTC cryptocurrency preserves the impulse of growth formed at the beginning of the month. On Tuesday morning, January 14th, the LTC is generally trading at $53.46. On D1, after a convergence on the MACD, the quotations have started to rise, breaking out the resistance line of the descending channel. This signifies the beginning of … Read more
The pullbacks in most cryptocurrencies has been shallow, which indicates a possible rally in the next few days Go to Source Powered by WPeMatico
A sharp rally in top crypto performers of the past seven days suggests that altseason has arrived and the sentiment has turned from sell on rallies to buy on dips Go to Source Powered by WPeMatico