Archive | alt coin nem

AFTER TESTING $5.5 IOTA BEARS NOW PARING LOSSES TECHNICAL ANALYSIS FOR DECEMBER 14

IOTA bears are driving prices lower and are now aiming at $3.9 support level. At the same time, LTC bulls are slowing down and after an over-extension on December 12, bears followed through and price action is seeking for equilibrium as it makes lower lows. LTC should found support at around $280 which is the […]

DASH BULLS LEAD THE WAY AS ALT COINS RALLY TECHNICAL ANALYSIS DECEMBER 13, 2017

Yesterday was an across the board rally for alt coins. Other than LTC which gained $100, DASH bulls also drove prices to record highs above $900 for the first time. If DASH bulls keep up, then the $1070 mark will not be a mirage anymore. Let’s look at the charts: NEM BULLS AIM DECEMBER 8 […]

MONERO BULLS NOW EYE $300 TECHNICAL ANALYSIS December 12, 2017

Even after period of consolidation, DASH, NEM and Monero bulls are now inching higher towards their respective resistance lines. Of note today is that consolidation of IOTA. This was expected given the gains in recent weeks but we still retain our bullish skew. There is high expectations of LTC expansion in the coming days given […]

LTC BULLS DRIVING PRICES HIGHER TECHNICAL ANALYSIS December 11, 2017

LTC bulls are marauding and as it is, the first take profit level at $155 no longer holds. Concurrently, we are seeing some price recovery in NEM Monero and DASH as they try to move higher with a stochastic buy signal. Of the five alt coins under our consideration, it is IOTA whose volatility remains […]

NEO BEARS ARE FADING OUT AS NEM PRICE MORE THAN TRIPLE AFTER WECHAT INTEGRATION TECHNICAL ANALYSIS December 9, 2017

NEO bears are fading out which is encouraging for bulls who are now aiming at $45 after bouncing from the double bottoms and this week’s low. Other than NEO, NEM bears were obliterated after announcement of NEM-WeChat integration which would make it more accessible to chine. Otherwise, all other cryptocurrencies like DASH, IOTA and Monero […]

MONERO BULLS TEST $300 BEFORE CORRECTING AS IOTA SLOWS TECHNICAL ANALYSIS FOR December 7, 2017

Monero bulls are definitely rally testing for $300 for the first time since launch. As this is a new milestone, correction was inevitable and it did. Concurrently, IOTA slowed down retracing from its recent highs but this was temporary because it bounced off $3.2 to resume trend. Let’s look at the charts: NEM BULLS LOOKING […]

NEM BULLS FOLLOWS IOTA AND MONERO MOVE UP TECHNICAL ANALYSIS 12/6/2017

NEM bulls seem to be on an encouraging path towards $0.36 and while at it, Monero has its mojo back. In the last 24 hours, despite block speed and all technicalities Monero is facing, its price is slowly inching towards $250 first take profit level. Let’s look at the charts: NEM BULLS $0.28 BROKEN NOW […]

OTHER THAN DASH MOST ALT COINS ARE TESTING KEY SUPPORT LEVELS DECEMBER 1, 2017 TECHNICAL ANALYSIS

Compared to other alt coins, DASH has been resilient and is making higher highs. NEO and NEM on the other hand are rebounding from key support levels and should NEO break below that level then it will herald a new phase of bears. On the other hand NEM traders should watch out $0.20 support. Let’s […]

ALT COINS DEPRECIATING AFTER TESTING RECORD HIGHS NOVEMBER 30, 2017 TECHNICAL ANALYSIS

All alt coins are depreciating across the board after testing record highs. Let’s look at the charts: AFTER TESTING SEPTEMBER 12 HIGHS, NEM NOW CORRECTS In the weekly chart, bulls are in charge and that means in lower timeframes like the 4HR chart, buyers should be waiting for buy opportunities to load up their long […]

NEM AND MONERO APPRECIATES AS DASH BEARS DRIVE PRICES LOWER NOVEMBER 29, 2017 TECHNICAL ANALYSIS

Monero and IOTA bulls were on focus yesterday after that strong surge. There were signs of NEM revival after price action broke two levels of resistance and is now trending above the second level of resistance marked at $0.24. At the moment though, bears looks like they are gaining the upper hand against NEO. However, […]

ALT COIN IOTA RALLY WHILE MONERO CONSOLIDATES TECHNICAL ANALYSIS FOR NOVEMBER 28

Other than that IOTA rally, market moves were largely limited with NEM and DASH especially moving within small ranges compared to recent moves. Monero is consolidating horizontally while NEO is still moving inside the bull flag after a fake bull break out. Let’s look at the charts: NEM OSCILLATING WITHIN A $0.01 RANGE All in […]

ALT COIN NEM AND NEO LIKELY TO APPRECIATE NOVEMBER 27 TECHNICAL ANALYSIS

In the coming sessions, NEM and NEO are likely to continue appreciating while IOTA may test main support at $0.63. DASH and Monero rally seems to be rallying and should price action close below key support levels, chances of further devaluation remains high. Let’s look at the charts: NEM BULLS HIT FIRST LEVEL OF RESISTANCE […]

NEM BUY DEMAND IS HIGH WHILE IOTA AND NEO RECOVER ALT COIN TECHNICAL ANALYSIS FOR NOVEMBER 25, 2017

Undoubtedly, NEM buy demand is up after that close above the minor wedge but this is not the only alt coin moving up. NEO and alt coin IOTA recovery is helping boost the alt coin market cap. With BTC topping, their near alternative DASH and Monero will be pumped as we have seen throughout the […]

DASH AND MONERO RALLY WHILE IOTA IS PEAKING NOVEMBER 23 TECHNICAL ANALYSIS

As perfect BTC alternatives, DASH and Monero are rallying perhaps benefiting from capital injection. Alt coin Monero is actually trending above August highs of $153. If bulls push harder, buyers looks likely to jump in. In the meantime, IOTA is peaking and USD bulls are driving prices lower with first targets at $0.732. Let’s look […]