Archive | analysis

Ethereum Classic Price Technical Analysis – ETC/USD Steadies Above $30

Key Highlights Ethereum classic price is in a decent uptrend and is placed nicely above the $30.00 level against the US Dollar. There is a major ascending channel forming with support at $30.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might continue to rise in the near term […]

Ripple Price Technical Analysis – XRP/USD Upside Surge above $0.60

Key Highlights Ripple price is climbing higher and is currently placed well above the $0.5500 level against the US Dollar. There is a monster bullish trend line forming with support at $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair will most likely accelerate higher above the $0.6000 and […]

Ethereum Price Technical Analysis – ETH/USD To Rise Further

Key Highlights ETH price made a nice upside move and traded above the $720 resistance against the US Dollar. There are two important bullish trend lines forming with support at $685 on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a break above the $735 level would open the doors for […]

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 […]

Bitcoin Cash Price Technical Analysis – BCH/USD is In Uptrend

Key Points Bitcoin cash price is slowly moving in an uptrend above the $1550 level against the US Dollar. This is a crucial ascending channel forming with support at $1550 on the hourly chart of BCH/USD (data feed from Kraken). The pair might continue to move higher and it could even break the $1680 resistance […]

Bitcoin Gold Price Technical Analysis – BTG/USD Holding 100 SMA

Key Points Bitcoin gold price is trading with a nice bullish tone above the $240 support against the US Dollar. There is a crucial ascending channel forming with support at $230 on the hourly chart of BTG/USD (data feed from Bitfinex). The price is currently holding the $240 support and placed nicely above the 100 […]

Ripple Price Technical Analysis – XRP/USD Rockets Above $0.40

Key Highlights Ripple price rocketed higher and traded above the $0.40 level against the US Dollar. There is a new connecting bullish trend line forming with support at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.3000 handle and eyes more upsides […]

Ethereum Price Technical Analysis – ETH/USD Upside Drift

Key Highlights ETH price surged above the $640 level recently and traded to a new all-time high at $653 against the US Dollar. A monster connecting trend line with resistance near $650-660 is preventing gains on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, there is a bullish trend line with […]

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 […]

DASH and Litecoin Analysis December 13, 2017

DASH/USD DASH rallied again during the day, reaching towards the $840 level. At this point, a continuation of that move seems very likely, and therefore we are bullish of DASH. Pullbacks should be supported, with the $720 level offering a bit of a floor. The target is $1000 going forward.   LTC/USD Litecoin has gone […]

Ethereum Analysis December 13, 2017

ETH/USD Ethereum broke out over the last day, clearing the $500 level. It now looks to go parabolic and race towards the $600 level, which is the extension of a measured move from the previous rectangle. $600 should offer resistance, so look for a pullback at that point. $500 should be support going forward.   […]