Jan 08, 2020 at 15:27
Cryptocurrency Market Revives, Bitcoin Surges to $8,400
Today the cryptocurrency market has marked a turnaround and this could be because of ongoing US-Iran political turmoil. In fact, most cryptocurrencies have the positive (+) sign. Starting with Bitcoin, whose dominance not only resists, but is currently more than 69%, therefore growing. Investors are wondering if this is a "physiological" retracement or if the sector is benefiting from an effective recovery.
Jan 07, 2020 at 11:54
Litecoin Recovers, Uptrend Uncertain
Litecoin has made a convincing bullish move and it is approaching the overhead resistance. Despite its previous disappointing moves, the coin has proven every wrong right. Meanwhile, the coin is facing initial resistance at $46. LTC upward move may continue if price finds support after a retracement.
Jan 07, 2020 at 11:10
Ripple Rallies Sharply, yet to Break Key Resistance
About 24 hours ago, the bulls took a bold step and broke the $0.20 resistance. XRP jumped to a high of $0.2250 and was halted. Our earlier estimation was that XRP will rise above the $0.23 price level.
Jan 06, 2020 at 17:45
Bitcoin in Price Tussle but Gets Stuck at $7,600 Demand Zone
Bitcoin faces another price rejection in the New Year. Undoubtedly, the $7,600 has become a strong resistance which has been the biggest hurdle to jump over. Two days ago the coin suffered another fall, as the market continues to depreciate. In the previous fall, BTC was sent to a low of $7,000 on January 2. Regrettably, Bitcoin would have been in danger, if the $7,000 support also cracks.
Jan 06, 2020 at 16:25
Ethereum Bounces Sharply, Breaks the First Resistance at $136
Finally, buyers made a successful attempt to overcome the resistance at $136. The present move is not substantial as ETH is facing resistance at $140. The pair is retracing and if it is allowed to continue, it will wipe away all the bullish gains. Possibly, the price could drop to $128 low. The bulls are to ensure aggressive buying so that the price is sustained over $136.
Jan 06, 2020 at 08:53
Cryptocurrencies Slowly Recover Amidst Sleepy Markets
Undoubtedly, the coins under review were in consolidation in December but are making a surprising bullish move. DASH, Dogecoin, Monero, and Cosmos broke over EMAs which is a positive sign that the coins are going to rise. Meanwhile, Stellar is consolidating above $0.045low and it has failed to rebound.
Jan 04, 2020 at 12:22
Ripple Bounces above $0.18 but Stuck At $0.20 Resistance
Fluctuation has continued unabated as the resistance at $0.20 becomes unyielding. In the last 48 hours, the bulls were repelled at $0.19500 as the coin dropped to the low of $0.18500. It is a fact that the coin fluctuates between $0.18 and $0.20 but the bulls no longer penetrate above $0.19500 resistance. The bears no longer give the bulls’ space to move upward to the overhead resistance.
Jan 03, 2020 at 13:01
Bitcoin Cash Moves Up, Uptrend Uncertain
Surprisingly, the uptrend in the preceding week was foiled by the bears as the bulls failed to sustain the price above the $200 demand zone. Meanwhile, today BCH has moved up above the demand zone. Can the bulls sustain the upward move? In the previous analysis, BCH was trading at $205 and it was indicated that an urgent move must be taken or else BCH will go down. Expectantly, the bears took undue advantage and brought the pair to its low at $195.
Jan 03, 2020 at 12:10
Litecoin Plummets as Bulls Fail to Hold $42 Demand Zone
Disappointingly, Litecoin has dropped to a low of $39 at the time of writing. In the previous analysis, it was stated categorically that if the support at $42 failed to hold, Litecoin will face another session of a downward move. The fact is that the pair made a remarkable move in the previous week to the high of $44 but was later repealed.