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Tag Archives: Analysis

Litecoin Price Analysis: Can LTC/USD Surpass $175?

Litecoin price is holding a major support at $160-162 against the US Dollar. LTC/USD must break the $175 resistance for further gains in the near term. Key Talking Points Litecoin price has settled above the $160 pivot for more gains (Data feed of Kraken) against the US Dollar. There is key connecting bullish trend line […]

Ethereum Price Weekly Analysis – ETH/USD Tumbles Below $560

Key Highlights ETH price was under immense bearish pressure and it declined below the $560 support against the US Dollar. There is a major bearish trend line forming with resistance at $575 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may continue to slide and it could even break the $500 […]

Nano Price Could Retest $10.00?

Nano price made a nice upside move recently and traded towards $16.00 against the US dollar. NANO/USD is currently correcting lower and it could retest the $10.00 level. Key Talking Points Nano price started trading higher this past week and moved above $12.00 against the US dollar. There was a break above a connecting bearish […]

Markets Update: BTC Prices Dip Below $10K

BTC prices and a vast majority of other cryptocurrencies have taken a significant dive over the past 24-hours as the entire crypto-economy shaved $75Bn from its recent highs this week. BTC/USD markets dropped to a low of $9,730. Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Media Crypto-Markets See Losses Between 3-20 Percent […]

Factom (FCT) to the New All-Time High

Factom has lost 85% since it reached an all-time high at $122, and found the support at $18. FCT/USD rejected previous support level as well as the downtrend trendline of the previously established triangle pattern. Considering the fact that buying opportunities appear once the coin has corrected around 80%, Factom could start picking up value in the […]

Altcoin Analysis: NEO, EOS, LTC, IOT and Lumens

It is likely that most altcoins will complete a 3-bar bull reversal pattern known as a morning star right at key support levels in the weekly chart. LTC, Lumens and EOS/USD will lead the charge and offer wonderful buy opportunities next week. My advice is for buyers to wait for meaningful entries next week and […]

Ripple Price Technical Analysis – XRP/USD’s Downsides Remain Supported

Key Highlights Ripple price traded as high as $1.1024 before starting a downside correction against the US dollar. Yesterday’s highlighted ascending channel with current support at $1.0080 is intact on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair may extend the current decline, but it is likely to find support […]

Can Nano Price XRB Gain Upside Momentum?

Nano price declined recently and failed to stay above the $10.00 support against the US dollar. XRB/USD is currently recovering, but there are many resistances on the upside. Key Talking Points Nano price declined sharply during the past few days and moved below $10.00 against the US dollar. There are two bearish trend lines forming […]

Bitcoin Price Watch; Keeping Between The Lines

We are closing in on the end of the day on Thursday in the European session and, for our bitcoin price analysis this evening, we are going to change things up a bit to try and incorporate the expense of overnight action as it plays out into tomorrow morning. Action today has been relatively strong, […]

Ripple Price Analysis: XRP/USD is Still in Bearish Trend

Ripple price has corrected higher above $0.7000 against the US Dollar. However, it seems like XRP/USD is still in a bearish trend as long as it is below $0.8500 Key Talking Points Ripple price is slowly moving higher from the $0.5500 swing low against the US Dollar. There is a declining channel in place with […]