Archive | opinion

Intel, Microsoft Took 10+ Years to See Gains, Crypto Investors in Good Position

As the crypto market fell from 2018’s all-time highs, many short-sighted investors began to declare that “prices would never recuperate.” While this bearish sentiment is the byproduct of the unwarranted elation and irrational exuberance experienced in 2017’s bull run, many industry leaders have continually noted that crypto’s journey to worldwide acceptance won’t happen overnight. “Change Your… […]

Ethereum Price Analysis: ETH/USD Could Accelerate Higher

Key Highlights ETH price is recovering after trading as low as $282.73 and formed a decent support against the US Dollar. There is an ascending channel forming with current support at $296 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to rise slowly and steadily above the $300 and… […]

Bitcoin Cash Price Analysis: BCH/USD Eyes Upside Break above $600

Key Points Bitcoin cash price is steadily rising and is currently placed nicely above $550 against the US Dollar. There is a major bullish trend line formed with support at $560 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair looks set to gain further above the $590 and $600… […]

Ethereum Price Weekly Analysis: ETH/USD’s Upsides Capped Near $320

Key Highlights ETH price corrected higher recently and traded above $310 and $315 against the US Dollar. There is a key connecting bearish trend line in place with current resistance at $311 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to break the $311 and the $320 resistance levels for… […]

Ripple Price Analysis: XRP/USD Recovery Above $0.30 On the Cards

Key Highlights Ripple price is moving higher and it has settled above the $0.2800 and $0.2900 resistances against the US dollar. Yesterday’s highlighted key bearish trend line is almost breached near $0.3020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to gain momentum above the $0.3020 and… […]

Ethereum Price Analysis: ETH/USD Poised for More Upsides

Key Highlights ETH price is gaining momentum and it could break the $304 resistance for more upsides against the US Dollar. There was a break above a key bearish trend line with resistance at $295 on the hourly chart of ETH/USD (data feed via Kraken). The pair might decline a few points towards $290 and… […]

Bitcoin Cash Price Analysis: BCH/USD Primed to Break above $540

Key Points Bitcoin cash price is slowly moving higher and is currently trading above the $500 support against the US Dollar. There is key bullish trend line formed with support at $515 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to move higher and it could break… […]

Ethereum Classic Price Analysis: ETC/USD Surging, Could Break $15

Key Highlights Ethereum classic price gained bullish momentum and it broke the $12.50 and $13.40 resistances against the US dollar. There is a major bullish trend line in place with support at $13.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to accelerate higher above the $14.20… […]

Ripple Price Analysis: XRP/USD Turned Short-term Bullish above $0.2660

Key Highlights Ripple price corrected higher recently and broke the $0.2660 and $0.2800 resistances against the US dollar. There is a new connecting bearish trend line formed with resistance at $0.3010 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently below the 100 hourly SMA, but it remains… […]

Ethereum Price Analysis: ETH/USD’s Failure Near $300 Explained

Key Highlights ETH price traded higher, but it failed to hold gains above $300 against the US Dollar. There is a major bearish trend line capping gains with current resistance at $299 on the hourly chart of ETH/USD (data feed via Kraken). The pair may dip a few points and it could test the $273… […]

Bitcoin Cash Price Analysis: BCH/USD Upsides Capped Near 100 SMA

Key Points        ·         Bitcoin cash price recovered further, but it failed to move above the $540 resistance area against the US Dollar. ·         There is an expanding triangle forming with current support at $492 on the hourly chart of the BCH/USD pair (data feed from Kraken). ·         The pair could bounce back once again, but… […]

Ripple Price Analysis: XRP/USD Attempting Upside Break above $0.3000

Key Highlights Ripple price recovered nicely and moved above the $0.2750 resistance area against the US dollar. This week’s crucial bearish trend line is preventing gains with resistance near the $0.2900 level on the hourly chart of the XRP/USD pair (data source from Kraken). The pair may perhaps break the $0.2900-0.3000 resistance area for more… […]

Ethereum Price Analysis: ETH/USD Correction Facing Hurdle Near $300

Key Highlights ETH price started a short-term correction and moved above the $275 level against the US Dollar. This week’s followed important bearish trend line is in place with resistance at $300 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong selling interest near the $295,… […]