The current situation resembles a lot the one we had about two weeks ago. For now BTC re-tested the critical support at $3600 and managed to climb up a bit.
Possible targets could be the significant support turned resistance $3700 (along with 200 days moving average line and Fibb retracement level 38.2% of the last decline), or even $3800.
The next support...
Price is facing multiple substantial resistance areas.
Unlike most other cryptocurrencies, the price has fallen below all major support areas and is currently in uncharted territory.
The RSI went below 30 for a month, indicating oversold conditions, but there is no bullish divergence yet.
As it was expected from the technical indicators Bitcoin Cash went down...
VET is gradually recovering after the mid December fall, it shows signs of becoming the future of IoT.
VET has seen over 6% price increase in the last 24hrs, and it is traded at $0.00446 USD. There is expectation that the digital asset will go beyond the present 26th position. With all indications, VeChain has a space among the top 20 cryptocurrencies.
IOTA climbed back after correcting higher from the recent lows slightly below $0.32. IOTA has tested the resistance at $0.38 several times since the drop during the Christmas period and now it seems to successfully break it. A break above this level now is opening up the road for higher corrections above $0.4.
As long as BSV stays above the red area, the signal to go long is alive.
Price coming back below will mean a false breakout and will be a legitimate signal to go short.
FCT declined by 4.36%, touching levels below $10.
Somehow, it seems FCT is looking upward for the $11 goal.
According to some analysts it could reach $26.
For a month, coin went up 16.34% from $8.6 for coin.
For 100 days FCT is up 121.84% from $4.51.
FCT traded above $16 not long ago and that might be a realistic level to get back to.
Zilliqa has been added to Coinbase Pro.
The mainnet upgrade is scheduled for January 31, 2019 implemented updates should improve the network’s security and throughput.
Support moving forward: $0.01605, $0.01539, $0.01431, $0.01233, $0.010.
Resistance moving forward: $0.018, $0.02029, $0.022, $0.02499, $0.02627, $0.02799, $0.03044.
While most top 100 cryptos...
Over the past 24 hours, there has been a notable 20% increase in USD value, as well as increase in BTC value. Both of trends are obviously bullish.
This gives Waves a significant edge over the competition at this time, although other markets may show similar momentum moving forward.
Although the current movement is bullish, it can take time for the price surpass $2.
The bullish moth for FACTOM came to an end with it's price sinking more than 15% in the last hours. A sell-off ended an amazing outperformance and halted the further possible price growth.
The most likely movement from now on is further down.
DASH/USD bounced over the past three sessions, a promising change from the bearish sentiment seen before.
Through November Dash dropped over 65%.
The price however, managed to find a bottom most recently just below $60, within the $57 territory. (the lowest level seen since April 2017)
Given the recent stabilization, it gives the DASH/USD bulls something to...
The bullish market from Monday.
Price goes up, over 8% in 24 hours. Might not seem a huge growth, but considering the drop for other cryptos, quite impressive.
The tendency shows no signs to change during the nearest future.
BTC has been trading in a narrowing range since it hit the rock-bottom level of $3,456.
The consequent recover to $4,400 set clear borders for the triangle, or wedge. According to textbooks, the price should explode after this narrowing.
The question remains is whether this explosion will lift the price up or drag drastically down.
The Relative Strength Index is...
Bitcoin has been suffering greatly as of late, but is it for it to sink even lower? Bitcoin is not showing any signs of momentum, nor does it appear poised for a strong recovery, so probably the worst is yet to come.
Unless we see a quick move up to retest the $6,000 breakdown level, the volume on these drops will not slow down.
If the price drops below $4,000,...
