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Ripple Price Analysis: XRP/USD At Major Crossroads Above $0.4600

Key Highlights Ripple price is consolidating above the $0.4600 support level against the US dollar. There is an ascending triangle pattern formed with resistance at $0.4740 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
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Bitcoin Price Watch: BTC/USD’s Upside Drift, Reversal And Tether’s Decline

Key Points Bitcoin price rallied above the $6,600 and $6,700 resistances and later reversed gains against the US Dollar. There was a break above a major bearish trend line with resistance at $6,310 on the hourly chart of the BTC/USD pair (data…
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EOS Price Analysis: Trouble Brew in Cardano as Tron Outperforms other Altcoins

Of all the coins under review, Tron is a top performer adding two percent in the last day. Regardless, sellers are in control. As a result, at spot prices, EOS, Litecoin, Stellar Lumens and Cardano traders should be shorting on every high in…
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Bitcoin Price Weekly Analysis: BTC/USD Could Test $6,390 Before Lower

Key Points Bitcoin price found support near the $6,100 level and corrected higher against the US Dollar. There is a major bearish trend line in place with resistance at $6,325 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The…
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Litecoin Price Analysis: Gemini Announce Litecoin Support, Boost Bulls

Despite Gemini support and yesterday’s two percent gain, sellers are in control. In fact, we may see prices sliding below $50 confirming the trend resumption phase of the bear break out pattern that begun in early August. Generally, we are…
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Bitcoin Cash Price Analysis: BCH/USD Bears Eyeing $400

Key Points Bitcoin cash price extended losses and broke the $440 swing low against the US Dollar. There is a key declining channel in place with resistance at $440 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is…
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Bitcoin Cash Price Analysis: BCH/USD Nosedived Below $475

Key Points Bitcoin cash price failed to bounce back and broke the $500 support against the US Dollar. There was a break below a declining channel with support at $495 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair…
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Ethereum Price Analysis: ETH/USD Losing Momentum Below $230

Key Highlights ETH price failed to hold gains above $230 and $227, and declined against the US Dollar. Yesterday’s followed important ascending channel was broken with support at $226 on the hourly chart of ETH/USD (data feed via Kraken). The…
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Cardano Price Analysis: ADA/USD Showing Positive Signs Above $0.080

Key Highlights ADA price is trading with a bullish angle above the $0.0800 support against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0.0820 on the hourly chart of the ADA/USD pair (data…
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Monero Price Analysis: XMR Collapses ahead of Update, Litecoin to be relisted at CEX.IO

Besides Tron which is up 13 percent in the last week, most altcoins are in consolidation and in loss making territory. Most notably are deep losses in Stellar Lumens which despite announcement from BitGo continue to register reds. Following…