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Tag Archives: Analysis

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, DASH: Price Analysis, Nov. 16

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin saw its third worst drop of 2018 on Nov. 14, as it broke ...

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Cardano Price Analysis: ADA/USD Could Resume Losses Below $0.062

Key Highlights ADA price fell sharply and traded below the $0.0700 and $0.065 supports against the US Dollar (tethered). There is a key bearish trend line formed with resistance at $0.0640 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to decline once again if sellers push the price below the $0.0620 support. ...

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Ripple Price Analysis: XRP/USD Facing Uphill Task Near 100 SMA

Key Highlights Ripple price recovered nicely and moved above the $0.4500 and $0.4600 resistances against the US dollar. Yesterday’s highlighted key bearish trend line with resistance at $0.4660 was breached on the hourly chart of the XRP/USD pair (data source from Kraken). The pair will most likely face a strong selling interest near the $0.4860 and $0.4900 resistances. Ripple price ...

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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests …

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017: Figure 1: BTC-USD, Daily Candles, Broken Support Bitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. The high volume and ...

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Ethereum Price Analysis: ETH/USD Sellers Back In Driver’s Seat

Key Highlights ETH price declined heavily after it broke the $200 and $190 supports against the US Dollar. There is a short term contracting triangle formed with resistance at $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but upsides are likely to be capped near $180 or $185. Ethereum price declined heavily ...

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Ethereum Classic Price Analysis: ETC/USD Tumbles To New 2018 Low

Key Highlights Ethereum classic price declined sharply and broke the $8.00 and $7.00 supports against the US dollar. There is a short term consolidation pattern forming with resistance at $7.70 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is in a major downtrend and it could decline again towards $7.00 or $6.70 in the ...

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Ripple Price Analysis: XRP/USD Nosedives, Turns Bearish Below $0.4600

Key Highlights Ripple price declined heavily and broke the $0.4860 and $0.4400 support levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.4720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is struggling to recover above the $0.4600 and $0.4700 resistance levels. Ripple price fell sharply below ...

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