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With Christmas over, cryptocurrency markets at at a standstill. Traders are on the sidelines waiting for the next move. With New Year coming up, the sentiment is hopeful. However, as of right now there isn’t much momentum in either direction. XRP is staying above the $0.36 support but the real question is whether it will … Read more
Cryptocurrency markets were blessed with bullish momentum on Christmas eve. Unfortunately, once Christmas day hit the tables have turned and the bears made their presence known. Luckily the market has somewhat stabilized since then and crypto stopped bleeding for the time being. Dogecoin lost roughly 8% in the past 24 hours currently looking to establish … Read more
After rising heavily earlier this week, XRP is now correcting, heading down. On Xmas, Dec 25, the coin is trading around $0.3903. On H1, the ascending trend reached 61.80% Fibo, and may then continue rising to reach 76.00%, or $0.4936. However, the MACD is converging, meaning the price is likely to plunge, with the current … Read more
Ever since the bull run on December 17th various cryptocurrencies have been overtaking each other for their spots on the top 10 ladder. In the case of Stellar and EOS, the two have been fighting for the top position since last month. In mid November Stellar overtook EOS for the top 5 spot, then on … Read more
The grinch is in town. What started off as a bullish Christmas eve has turned into quite a bearish Christmas day. What we just experienced is a textbook bull trap. Let’s talk about it. They say a picture is worth a thousand words, that’s why one look at Bitgur’s cryptocurrency heat map is all you … Read more
Early Monday started off with a “Merry Christmas” and ended with a “Bah Humbug”. After sustaining significant bullish momentum earlier in the day and rising over 20% in price, the cryptocurrency market decided to pull back come Christmas. Most cryptocurrencies are seeing red, in fact, every single cryptocurrency in the top 25 is seeing pretty … Read more
Until just hours ago, Bitcoin and altcoin markets looked as promising as they have been in quite some time. After gaining over 30% from December 25 lows of US$3,200, Bitcoin is plunging downwards once again. As usual, the rest of the market has followed suit. After a series of short squeezes saw volume heavily increasing … Read more
What goes up must come down. The week started off on a good note, markets seemed to be recovering and most cryptocurrencies saw double digit gains. Unfortunately, it seems the Monday bull run is coming to an end as the market is correcting on Christmas eve, effectively erasing the gains sustained in the past 24 … Read more
As the markets seem to enter an upswing, how should traders react? Let’s look at the charts Go to Source Powered by WPeMatico
Cryptocurrency markets have been on a rise since last week, gaining over $40 billion in market capitalization. Ethereum has nearly doubled in price from its previous level of $80, currently trading at $147. Is the crypto bottom really over? Ethereum’s Co-Founder thinks it is. Joseph Lubin officially called the 2018 bottom on December 21st on … Read more