Thinking of break out trades? If so, it’s time to buy Lumens. Why? First, prices are reversing from key Fibonacci retracement levels and secondly, at the moment Lumens coin is hot property. As such, riding with positive vibes-or anti-FUD news is always a good move. Alternatively, if you are thinking...
Safe for IOTA bears ranging with an accumulation, most other alt coins are low in volatility. LTC leads the pack and for some times now, price action has been so uneventful as the horizontal accumulation and pump continues. Yesterday, we saw Lumens prices testing $0.70 but even though it looked promising,...
Litecoin price is slowly moving higher and is currently trading above $180 against the US Dollar. LTC/USD has to move above $210 and 100 hourly SMA to gain momentum. Key Talking Points Litecoin price made a decent recovery so far and is currently trading above the $180 resistance (Data feed of...
Key Highlights ETH price succeeded in moving higher this past week to trade above $900 against the US Dollar. There is a key ascending channel forming with support at $880 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair may continue to rise as long as the mentioned $880...
Key Highlights Ripple price struggled to move above the $0.9500 resistance area and declined again against the US dollar. There is a major bearish trend line forming with resistance at $0.8000 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently trading near a major support...
Key Highlights Ripple price tumbled sharply and moved below the $1.0000 support against the US dollar. There is a crucial bearish trend line forming with resistance at $1.0200 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is likely to extend declines and it could even break...
Key Highlights ETH price is correcting lower, but it is holding the $900 support area against the US Dollar. There is a short-term bearish trend line forming with resistance at $920 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now below the 100 hourly simple moving average...
Bitcoin Price Key Highlights Bitcoin price is still in correction mode but appears to be bouncing off the trend line support. Applying the Fibonacci extension tool shows how high price could go if the trend line holds. Technical indicators are signaling that the uptrend is about to resume. Bitcoin price is finding support...
Key Highlights Ripple price declined below the $0.9500 support area yesterday against the US dollar. There are two important bearish trend lines forming with resistance at $0.9400 and $1.00 on the hourly chart of the XRP/USD pair (data source from SimpleFx). The pair is currently correcting higher, but it is likely to...
Key Points Bitcoin price made a nice upside move and traded above $9,000 and $10,000 against the US Dollar. There is a major ascending channel forming with current support at $10,150 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair may continue to rise and the next...