LBRY's native token has been in decline ever since it hit it's all time highs this time last year, since then we've seen it slowly drop back down close to it's all time low back at the beginning of 2017.
Fundamentally the token is sound, the project is one of the few innovative projects in the crypto space and the...
Monero increased a little but the failure to close above the lower median line (lml) and above the minor uptrend has signaled a potential drop.
We may sell it after a valid breakdown below the 151.260 level. The first targets will be at the 150% lines.
BCH/BTC dropped significantly today and could inalidate the breakout above the upper median line (uml) of the descending pitchfork. Price has found a very strong resistance at the 50% Fibonacci line of the ascending pitchfork. A failure to close above this line could signal that the rebound is completed and the price could start another leg lower soon.
XRP/USD has reach the 150% line which represent a very strong dynamic resistance. The price was send lower again as the all major crypto have dropped today.
Ripple will become strongly bullish after a valid breakout above the 150%. However, it could also increase between the 150% line and teh WL1. It is very important to see where it will close the day because it...
ETH/USD has made a valid breakout above the outside sliding line (SL) of the descending pitchfork. The breakout needs to be confirmed before we can think at a further increase. The rate could come down along the SL to retest the LML before will jump much higher towards the 50% line.
EDO/BTC is somehow expected to increase further on the short term after the gap up. It could be attracted by the confluence area formed between the wl1 and the 50% line.
Price has bounced back from the downside line of the major triangle and has managed to stay much above the 106.52 static support. I've drawn a minor ascending pitchfork, so a retest of the lower median line (lml) followed by a significant increase will signal a larger rebound in the upcoming period.
However, a valid breakdown below the wl4 of the former ascending...
PAYBTC changed little in the last days and seems undecided on the short term. Technically, it could drop towards the SL and towards the 0.00010500 static support after the breakdown below the lower median line (lml) of the major ascending pitchfork.
It will drop only if it will take out the 0.00011990 static support. A failure to drop further followed by a valid...
Price drops within a down channel and is almost to hit a major dynamic support. It is pressuring the 0.05915377 static support and the 61.8% retracement level. The perspective remains bearish as long as it stays within the down channel.
A valid breakdown below the warning line (w1) will confirm a further drop at least till the 76.4% level.
The crypto pair is trapped within a symmetrical triangle on the daily chart. A valid breakout from it will signal a furter increase on the short term. Only a valid breakdown below the 0.00002857 level will invalidate the bullish scenario.
