We invite our readers (especially those, who follow our recommendations) to celebrate- another goal has been executed with perfect accuracy. By the end of the week, Ripple has reached $0.75 and $0.86 and now deserves a break for the weekend. For continued growth, the asset will probably need to stay at lower levels for a bit. It is possible that after breaking...
As we expected, the prolonged lateral trading in the range $490-$530 ended with Ethereum’s growth to the first of its short-term goals - $580. The error was less than one percent, as the previous day's high was in fact $588, followed by the expected fallback. With the bullish sentiment still prevalent on the market, the depth of the fallback should not be too...
Bitcoin has not yet earned back the love of investors, the best confirmation of which in the cryptocurrency market are, of course, volumes- they remain at an average level. Therefore, the buyers only managed to fulfill the minimum goal set for yesterday, keeping the price above $8,200. At $8,380 there is a mirror resistance level, which exerts more pressure on the...
Yesterday's forecast for Monero was exactly on point, and the bulls’ target of $220 was executed with high accuracy. However, even we underestimated the amount of capital that flowed into the asset after leaving the long-term descending channel. Thanks to the strong support of investors, on Wednesday the price went up to $230, where it remains now. On the way,...
Unlike Monero, NEO is behaving very predictably, so we can be brief. The gently inclined ascending channel which we outlined yesterday remains relevant - the price is testing its upper boundary, but there are not enough resources to break through yet. However, growing volumes confirm the interest of investors, so growth is very likely to continue. The nearest...
Compared to other altcoins, Ethereum is looking pale for the last two days, but the devil is in the details and, despite first impressions, investors have not been wasting time. First of all, without any unnecessary fuss, the range $490 - $530 has been traded, now becoming a a launching pad for further price movement. Second, the ascending channel received another...
Despite repeated breaks through $8,000, buyers still managed to keep the main asset from falling, which reduced the likelihood of correction here and now. We are also noting an increase in trade volumes. They may be quite modest for now, but judging by the shape of the candles, these are real trades that confirm the interest of a large number of participants,...
Ripple is showing us another bullish figure. It’s an isosceles pendant, and the target of its full activation - $0.88. The maximum activation time for this formation is by the middle of the day on April 20, but we believe that the break will happen sooner. If only half of the figure’s height is realized, which happens quite often, a more modest target is...
What the Litecoin investors still have to do, Monero fans are doing right now: the first thing that catches the eye on the chart is the lateral trade in the range of $190 - $205. Because of it, the price has formed a beautiful bullish flag, which is practically resting against the boundary of a long-term descending channel. Of all the possible scenarios of...
In the past two days, Litecoin has been feeling more confident than the rest of the market. The reason for this - being listed on the Korean stock exchange Korbit. Thanks to this news, the asset is seeing trade volumes that inevitably lead to a change in price. Indeed, it increased by 11 percent, but disappointment with Bitcoin's lack of growth seeped into the...
The psychology of the market is a curious thing. A week ago, Bitcoin at $7,900 seemed like a heaven-sent miracle, and today this price for the main asset is making players if not panicked, then certainly discontented and irritated. It’s understandable: when you are expecting a sharp rebound, and instead get a prolonged flat, plans for quick enrichment must be...
Just as we supposed yesterday, the bulls could not withstand the tempo they imposed on themselves, and as a result, NEO fell out of the ascending price channel, marked in green. Still, there are no causes for concern- for now, the asset just moved into a more gently inclined growth channel. Its slope is much more suitable for a long run- the only question is...
After receiving reversal signs from the market, Ripple showed good growth, and, what’s equally important, attracted trading volumes. The current price chart does not allow us to construct a reliable channel- there are not enough points to build its lower boundary. Perhaps, these points will appear in the case of a mini-correction led by Bitcoin. Despite the...
Like some other coins from yesterday's review, Ethereum has formed a growth channel and has been moving inside it for more than 10 days. After breaking the downtrend on Friday, April 12, the price moved into the upper register of the channel, which gives the asset points for investor interest. Due to the width of the channel, a significant safety margin has been...
At the time of writing, Bitcoin is actively testing the $8,000 mark, finding itself alternatively above and below the psychologically important line. Buyers and sellers are not showing much activity, taking a break after the eventful weekend - trading volumes are below average again. If $8,000 doesn’t hold, we are likely to see a decline not only to $7,800 where...
Unlike its parent, Litecoin has not yet formed an ascending channel which could be relied upon. Instead, we see a cascade of rising minimums that are forming a section of a parabola. Even the news about partnership with the TenX payment system could not help the asset- the memory of LitePay’s failure is still fresh in investors’ minds, and they are hesitant to...
Once again, Monero’s chart reminds us of Litecoin- the main conclusion here is the same: bulls have not yet managed to form an ascending channel. At the same time, we see periodic bursts of purchases, not accompanied by strong subsequent fallbacks, which may indicate that big players are entering long positions. A slight correction to the level of $190...
Compared with other assets, NEO is demonstrating the most confident growth. On the chart, we see a clear growth channel, in which the price has been moving for 10 days straight. At the same time, the steepness of the channel imposes certain demands on the bulls, which will not be easy to fulfill. Therefore, we believe that in the near future the channel will be...