ICE: FX_IDC:EURUSD in another world! If this happens, it will be very interesting as the euro exchange rate appears in a standard pattern of narrowing the fluctuation range.
Prices going up and down: it's called "price fluctuation" and use to be driven by financial speculation. Prices and rates change as supply or demand changes. If something is in demand and supply begins to shrink, prices will rise. If supply increases beyond current demand, prices will fall. If supply is relatively stable, prices can fluctuate higher and lower as...
The price has been respecting an increasing trendline since it has begun the bull run. On 22 February, the price has experienced a very strong rejection of this trendline, and also around 22 march, a rejection is noticed. All this adds confluence to the fact that this trendline has become support. From 20 February till 20 March the price has failed to break a...
On the 1H chart, Xrp looks like it is developing a Head and Shoulders pattern. With the CCI looking Bearish but still hovering around the 100 mark and not dropped dramatically to 200 as of yet, a big swing down could be coming. However, if good news from CNBC's 'Fast Money' has good things to say about Ripple and Xrp, it could consolidate sideways about $0.90 and...
The Pivot Point System in this idea is from yesterday. Inside the blue area: On Wednesday, the red dashed down-trend-line, the blue dotted uptrend-line and the Pivot Point at 11366 crossed in one point. Today, the red dashed down-trend-line and the green dashed uptrend-line will cross. It is very unlikely that BTCUSD can break these triple and double resistances...
Pivot point is at 8596. Below the Pivot point, there is a bearish scenario, above a bullish one. Fluctuating around Pivot point means an undecided scenario and a sideways movement. The price of Bitcoin has no direction right now. Already for the whole day, it is fluctuating around support S1 level. I expect this to continue for a while. Maybe in the evening that...