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Ether is slightly moving down on Friday, Dec 21, trading at $117.18, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Technically, an upward correction is coming. Previously, the price made a new low, although not a key one, then it converged and broke out the previous descending channel resistance. On H4, the ascending trend reached 23.60% … Read more
As most of the top cryptocurrencies and digital assets face a bit of an impending setback right now, it may prove challenging to find coins which can hold their own. Stellar Lumens, or XLM, is usually one of the more stable assets on the market. It still clings to some early morning gains, but it … Read more
As Bitcoin continues its very bullish trend, one would expect all altcoins and digital assets to note spectacular gains in the process. In the real world, that situation is often very different. The XRP price, for example, is not necessarily noting any real gains right now. Instead, it has slipped into sideways trading action, which … Read more
Mark Dow, a former IMF economist, recently tweeted that he covered his sort positions. How has recent news affected crypto markets? Let’s consult the charts Go to Source Powered by WPeMatico
When the cryptocurrency markets start to show signs of bearish momentum, there is a good chance things will get pretty interesting. In the case of Bitcoin Cash, the current price momentum seems to favor this altcoin right now. With a value just above $100, the coming days will get pretty interesting moving forward. Sustaining the … Read more
When it comes to Ethereum, the future price momentum remains in question. After hitting an all-time high of over $1,200 in 2017, the value has plummeted to the double-digit range one year later. This usually doesn’t bode well for any asset or cryptocurrency in the long run, although Ethereum might be one of the more … Read more
The hourly charts for most cryptocurrencies start to show signs of weakness, which might signal some incoming bearish momentum. Although no real damage has been done so far, some of the early morning gains have been wiped out in the process. For Dogecoin, these small setbacks will not result in any real changes, primarily there … Read more
It has been a very positive start to the week for all cryptocurrencies and digital assets. That in itself is rather surprising first and foremost, although it is also a positive overall trend. In the case of XRP, things are looking rather swell right now, as the gains continue to pile up across the board. … Read more
Miners have been attributed to much of the price decline from the US$6,000 range, and they may very well be responsible. When miners flocked to Bitcoin Cash before the SV fork to chase double rewards, Bitcoin started to tumble. As prices continued to drop, so did the number of miners forging blocks. However, they still … Read more
One year after Bitcoin reached a high of $20,000, how is the coin faring and is a recovery in sight? Let’s consult the charts Go to Source Powered by WPeMatico