Price Analysis 26/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
Can the altcoins stage a comeback? Let’s consult the charts Go to Source Powered by WPeMatico
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Can the altcoins stage a comeback? Let’s consult the charts Go to Source Powered by WPeMatico
Over the last 5 day of trading, the market of IOTA/USD pair has exhibited a strong bullish outlook on a 4hr time frame. The bulls seemed to have been dominating the momentum as the volatility is getting higher. The upside move shifted the price action from a critical support level of $0.23423 to $0.25647. Additionally, a struggle to … Read more
Which altcoins are offering short-term trading opportunities? Let’s consult the charts Go to Source Powered by WPeMatico
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS sales continue, but on Friday, August 23rd, the market mood is too ambiguous. At the end of the week, the EOS is declining, trading at $3.62. Technical Analysis On the daily timeframe, the EOS remains inside the downtrend, the quotations inside the channel. The short-term situation … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Technical Analysis On the weekly timeframe, the Bitcoin remains in the correction phase, which may extend and bring the quotations to the psychologically important level of $7000.00. Upon the end of the correction, a new wave of growth may be expected, confirmed by the ascending dynamics of the … Read more
Chainlink Price Analysis (LINK/USD) Yesterday decline continues today as the market of LINK/USD pair records a down surge. LINK seemed to have succumbed to the selling pressure that has formed a strong bearish trend line over the last 24hrs. The downside move began the session trading at $2.2455, where it later escalated to $2.1496 that … Read more
What are the key levels to watch out for in Bitcoin? Let’s consult the charts Go to Source Powered by WPeMatico
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure … Read more
Cardano Price Analysis (ADA/USD) The price of ADA/USD pair has recorded an impressive price recovery over the intraday. The price-performance is bullish with an upsurge gain of 11%. The market escalated from where it closed yesterday at $0.04719 where it is currently trading at $0.05027. Additionally, the market began the session with a bullish pressure … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests … Read more