ADA coin fell below its 50-Day EMA a few days ago. The next level of support would come from ADA's 100-Day EMA. The coin is also far from oversold territory, which means that there's sufficient room on the downside. The bear case is further boosted by the fact that the MACD indicator is still bearish for the coin. I expect that ADA's price will find the support...
Will the price rise further? Most likely yes, in anticipation of the launch of the LitePay, because more people will see LTC as a valuable asset to own. If we go to LTC chart on 4h and 1d tf, we realise that the RSI has flashed a bearish divergence signal at its overbought region. However, the MACD shows us bullish trend and the LTC price can move higher in the...
The last two months the price of this digital asset remains in the accumulation territory. I expect that within a few days Qtum's price will grow by 15-20%, which means that the coin will again face strong resistance level at the price range of 0.004. If you look at the daily chart, you will see that the popular indicator MACD makes a bullish crossover that will...
The biggest proof of Doge's consolidation has been the crossover of its key moving averages. Right now Doge's 50-Day moving average acting as a key support line. Also, the MACD indicator has flashed a bullish sign when it done a bullish crossover a few days ago, indicating that coin might be in for a move higher. I expect that the MACD line will rise above the...
SiaCoin has corrected rather sharply since mid-January, followed by a brief downtrend this month. However, the coin seems to be headed lower again. After facing resistance from the 50-Day EMA, Sia price has moved lower over the last few days and the next level of support for the stock will come from the 100-Day EMA at just over 220 Sats. With no specific bullish...
MANA finds support. After a correction that has lasted for just over a week, MANA token has found support at their 50 day EMA, which has been a reasonably strong support since the beginning of December. That said, one key factor that traders should bear in mind is that residents of the Decentraland are actively preparing for the opening of the platform and hiring...
The solid bull run has taken Lisk price into overbought territory. So a long-term correction could be on the chart for LSK coin because a news about rebrending could possibly contributing to price drop. Right now, Lisk's RSI reading of over 73.1 is used to identify an overbought condition (signal to sell), which is clearly in the overbought territory and an...
Ripple was trading below the key moving averages a few days ago, which implies that wasn't the best time to look for entry into the coin, but you could think about to open a long position right now because the XRP price goes above the 20-Day and 50-Day EMA, you should not rush to draw conclusions. XRP faces strong resistance from 12.5k to 13.5k Sats, which will...
If one takes a look at the chart above, we could see that ETC has done a bullish crossover called 'golden cross'. The golden cross indicates a bull market on the horizon and is reinforced by high trading volumes. In ETC's case, it is the shorter-term 50-day EMA breaking above its long-term 100-day EMA in a bullish move. However, a word of caution for traders, the...
I know there are people get their profit now, they bought their bitcoin on very cheap price(a lot of them at $1000 and $4000 per BTC) and as the bitcoin's price go high there are many dumping their bitcoins, yes this is how whale works. Right now a new investors of bitcoin are panic selling their bitcoin in the mere fact that they bought at $17-19k, buy hight,...
Bitcoin had tested the resistance 200-day moving average in the middle of the past week and today did it again. However, the coin was unable to break out above the resistance line and had retreated, before resuming its bullish rally. The rally in the BTC price is accompanied by rising volumes which indicate that the rally has a lot of strength left and is likely...