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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Price Analysis: The Bulls Are Taking the Tron Market to the Next Level as TRX Targets $0.03

Distribution Territories: $0. 023, $0. 025, $0. 027 Accumulation Territories: $0. 021, $0. 019, $0. 017 TRX/USD Medium-term Trend: Bullish The cryptocurrency remains bullish on the 4-Hour chart. The coin has been making higher highs on the medium-term outlook since December 17 when the coin broke out from the consolidation which lasted for more than six trading days. дальше »

2018-12-24 18:15


OmiseGo (OMG) price hit bottom, forms higher highs while the team responds to the faultfinding Coindesk article

The OmiseGo platform may have been somewhat forgotten but some of the recent developments suggest that the team has decided to lay low and work hard on building the OmiseGo ecosystem. They are in the process of developing the wallet SDK and DEX that will be vital to the utility of the overall network. дальше »

2018-11-12 15:45


Stellar (XLM) Price Analysis: Retesting the Broken Price level of $0.25 to Continue its Uptrend Movement

XLM/USD Medium-term Trend: Bullish Supply levels: $0. 26, $0. 27, $0. 29 Demand level: $0. 25, $0. 24, $0. 23 Stellar continues its bullish trend on the 4-Hour chart. The cryptocurrency started making ‘Higher Lows’ (HL), “Higher Highs” (HH) on the 4-Hour chart since November 1st after the formation of bullish pin bar on the demand level of $0. дальше »

2018-11-7 18:23


Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control?

Bitcoin has formed lower highs and higher lows on its 1-hour time frame to create a descending channel pattern. Price is bouncing off support and might be due for a test of the resistance soon. Applying the Fibonacci retracement tool on the latest swing high and low shows that the 50% level lines up with […] The post Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control? appeared first on Ethereum World News. дальше »

2018-10-29 05:16


Ripple XRP Price Recovers Since 0x Project [ZRX] Listing

Ripple’s digital currency XRP was on a downward spiral at the start of this month. The downward spiral was catalyzed by a bearish divergence which took place between price and RSI. The bearish divergence resulted in price forming higher highs while RSI formed a lower high, indicating that price continued to increase despite buying pressure […] Ripple XRP Price Recovers Since 0x Project [ZRX] Listing was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-24 17:04


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines). дальше »

2018-10-20 01:31