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February 9, 2021
Charted: Ripple (XRP) Signaling Fresh Rally To $0.55, Dips Supported Reading Time: 2min read Ripple is up over 10% and it broke the $0.4500 resistance against the US Dollar. XRP price is showing positive signs and it is likely to continue higher towards $0.5000 and $0.5500. Ripple is slowly moving higher towards the $0.5000 resistance zone against the US dollar. The price is trading nicely above the $0.4500 pivot level and the 100 simple moving average (4-hours). There was a break above a key c...
February 4, 2021
TA: Bitcoin Price Revisits $38K, Why BTC Dips Turn Attractive Reading Time: 2min read Bitcoin price gained bullish momentum and cleared the $38,000 resistance against the US Dollar. BTC could correct lower, but the bulls are likely to remain active above $37,200. Bitcoin extended its rise and it even cleared the $38,000 resistance (as discussed yesterday). The price is now trading above $37,500 and the 100 hourly simple moving average. There are two major bullish trend lines forming with suppor...
February 4, 2021
Charted: Polkadot (DOT) Surges 20%, Why It Could Soon Test $25 Reading Time: 2min read Polkadot’s DOT started a strong surge and cleared $20.00 against the US Dollar. It is trading with a strong bullish angle and it is likely to accelerate higher towards $24.00 or $25.00. DOT rallied above $18.80 and $20.00 resistance levels against the US dollar. The price is trading nicely above the $20.00 support and he 100 simple moving average (4-hours). There was a break above a major contracting triang...
February 3, 2021
Bitcoin price started a steady increase above $35,000. BTC is showing positive signs and it could continue to rise towards the $38,000 barrier.
February 3, 2021
Charted: Ripple (XRP) Holding Key Support, Why It Could Rally Again To $0.45 Reading Time: 2min read Ripple corrected gains from well above $0.5000 against the US Dollar. XRP price is holding the key $0.3400 support, and it is likely to resume higher towards $0.4200 and $0.4400. Ripple started a fresh decline after it failed to clear the $0.5500 resistance against the US dollar. The price is still holding the $0.3400 support zone and the 100-day simple moving average. There is a major bearish t...
February 2, 2021
TA: Why Bitcoin Topside Bias Vulnerable If It Continues To Struggle Below $35K Reading Time: 2min read Bitcoin price made another attempt to clear $35,000, but it failed against the US Dollar. BTC is currently consolidating above the $33,000 support zone, with a few positive signs. Bitcoin is still facing a strong resistance near the $34,850 and $35,000 levels. The price is currently holding the key $33,000 support level and testing the 100 hourly simple moving average. There is a key contracti...
February 1, 2021
Ripple started a strong rally after it settled above $0.3000. XRP price is up over 50% and it even cleared the $0.5000 barrier to move into a positive zone.
January 29, 2021
Charted: Ripple (XRP) Broke Major Hurdle, Bulls Aim Close Above $0.30 Reading Time: 2min read Ripple is up over 10% and it spiked above $0.3000 against the US Dollar. XRP price is showing positive signs and it is likely to continue higher towards $0.3100 and $0.3200. Ripple is showing a few bullish signs above $0.2700 and $0.2800 against the US dollar. The price is trading nicely above the 100 simple moving average (4-hours), but it is facing hurdles near $0.3000. There was a break above a majo...
January 29, 2021
Bitcoin price started a fresh increase above $32,500 and $33,500. BTC is showing positive signs, but $34,500 and $35,000 still presents a major resistance.
January 28, 2021
Charted: Chainlink (LINK) Holding Key Support, Bulls Aim Fresh Test of $25 Reading Time: 2min read Chainlink (LINK) dipped below $22.00, but it stayed above $20.00, whereas bitcoin and Ethereum struggled. The price is now rising and it is likely to rise towards $24.00 and $25.00. Chainlink token price started a downside correction from the $25.89 high against the US dollar. The price is well bid above the $20.00 level and the 100 simple moving average (4-hours). There is a crucial rising channe...