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Tag Archives: Technical

Technical Analysis March 23, 2018

According to data from CoinMarketCap, a 2.5% drop in BTC prices led to a 6% price erosion of Stellar Lumens by end of March 22. This goes on to tell us how dependent altcoins are on BTC volatility and how the correlation is direct. However, even in the midst of all these reds and price erosion, it’s EOS which stood ...

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Ripple Price Technical Analysis – XRP/USD Poised for More Gains

Key Highlights Ripple price is holding a major support level near $0.6550 against the US dollar. There is a short-term declining channel forming with resistance near $0.6900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains supported on the downside above the $0.6500 level and the 100 hourly simple moving average. Ripple price is ...

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Technical Analysis March 22, 2018

Our highlight of the day is EOS.  Even if most altcoins as NEO, LTC, Lumens and IOTA didn’t record impressive gains, that surge and close above the middle BB is important. Because of that and the fact that momentum is generally positive for most altcoins including EOS, bulls may as well look for buying opportunities in lower time frames. Let’s ...

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