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Yaz Sheikh



Articles by Yaz Sheikh

Crypto Price Analysis & Overview October 15th: Ethereum, Ripple, Cardano, Polkadot & Matic

1 day ago

Ethereum
Ethereum managed to increase by 6.4% this week as it continues to climb higher inside an ascending price channel. The price channel formed at the start of October after ETH found support and reversed at $2800.
Last week, ETH found resistance at $3600, causing it to fall into the support at $3400. It bounced from $3400 on Wednesday as it hit the lower boundary of the price channel. Yesterday, ETH managed to break $3600 and push higher into resistance at $3790 (bearish .786 Fib).
Looking ahead, if the bulls break $3790, the first strong resistance lies at $4000. This is followed by $4060 (1.414 Fib Extension – blue), $4200, $4282, and $4400.
On the other side, the first support lies at $3670. This is followed by $3580 (.236 Fib & lower boundary of the price

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Ripple Price Analysis: XRP Slips Below 50-Day MA, is $1 Incoming?

4 days ago

XRP/USD – XRP Falls Into Price Channel Support.
Key Support Levels: $1.05, $1.00, $0.95.Key Resistance Levels: $1.10, $1.20, $1.25.
XRP found support at $0.875 (.618 Fib & 50-day MA) toward the end of September and ended up rebounding from there. After this, XRP started to form a short-term ascending price channel in October, which allowed it to break the 50-day MA at $1.10 and reach as high as $1.25 (Feb 2018 highs).
Unfortunately, the bulls were unable to close above the upper angle of the price channel and rolled over from there on Sunday. Today, XRP fell from $1.15 to break beneath the 50-day MA and find support at the lower angle of the price channel.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, the first resistance lies

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Crypto Price Analysis Oct-8: Bitcoin, Ethereum, Ripple, Cardano, and Polkadot

8 days ago

Bitcoin
Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA.
Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing signs of struggle to close above $55,400.
Looking ahead, if the buyers break above $56,000, the first resistance is expected at $58,355 (Feb 2021 highs). This is followed by $60,000, $61,000, and $61,780 (March 2021 highs).
On the other side, the first support lies at $54,000. This is followed by

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Cardano Price Analysis: ADA Struggles to Close Above a Critical Resistance Level

11 days ago

ADA/USD – Bulls Struggle To Make Ground Above 20-day MA
Key Support Levels: $2.20, $2.00, $1.95.Key Resistance Levels: $2.22, $2.36, $2.50.
ADA rebounded from the support at $2 (.618 Fib) on Friday and broke above the September descending trend line. Although it did spike above the 20-day MA to reach as high as $2.36 (bearish .382 Fib), it could never close above that level.
Over the weekend, ADA continued to trade beneath the 20-day MA as it failed to establish any sustainable momentum above it. A strong closing candle above it would signal that ADA is ready to head back toward the September highs.
ADA/USD Daily Chart. Source: TradingView.ADA-USD Short Term Price Prediction
Looking ahead, the first resistance lies at the 20-day MA, around $2.22. This is followed by $2.36

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Ripple Price Analysis: XRP Breaks Last Week’s Range and Holds Above $1

12 days ago

XRP/USD – XRP Pushes Back Above $1.
Key Support Levels: $1.00, $0.9, $0.875.Key Resistance Levels: $1.10, $1.25, $1.30.
Last week, XRP was trading inside a range between $1.00 and support at $0.875 (.618 Fib). It rebounded from the support on Wednesday, which allowed it to surge back above $1.00 on Friday.
Unfortunately, the cryptocurrency could not pass resistance at $1.10 (50-day MA) over the weekend and has since dropped to $1.05, where it currently trades. A break above $1.10 (50-day MA) would certainly set the stage for the recovery back toward the September highs at $1.40.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $1.10 (50-day MA). This is followed by $1.25, $1.30, $1.40, and $1.50

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Ethereum Price Analysis: ETH Breaks Back Above 50-Day MA Following a 9% Weekly Surge

12 days ago

ETH/USD – Ether Breaks 50-day MA
Key Support Levels: $3300, $3150, $3000.Key Resistance Levels: $3600, $3790, $4000.x
Etheruem found support at $2770 (.786 Fib & 100-day MA) on Wednesday and has been increasing ever since. On Thursday, ETH managed to break a descending trend line as it passed the 20-day MA to reach the 50-day MA.
Over the weekend, ETH continued above the 50-day MA as it broke resistance at $3350 reach as high as $3485. It has since rolled over and is now using the 50-day MA as support.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $3485. This is followed by $3600, $3790 (bearish .786 Fib Retracement), and $4000.
On the other side, the first support lies at the 50-day MA, around

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Crypto Price Analysis & Overview October 1st: Ethereum, Ripple, Cardano, Binance Coin, & Uniswap

15 days ago

Ethereum
Ethereum is up a solid 9% today as the cryptocurrency surges past $3000 again. The coin has now broken the upper boundary of the previous range that it was trading inside over the past fortnight. The range was between $3150 and $2800 and Ethereum bounced from the lower boundary on Wednesday, where it found support at the 100-day MA.
Since then, ETH managed to break the September descending trend line and head back above the 20-day MA.
Looking ahead, the first resistance lies at $3300 (50-day MA). This is followed by $3350, $3500, $3600, and $3790 (bearish .786 Fib). Added resistance lies at $4000.
On the other side, the first support lies at $3000. This is followed by $2890, $2770 (.786 Fib & 100-day MA), and $2620 (200-day MA).
ETH/USD Daily Chart. Source:

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Ethereum Price Analysis: ETH Flirts With $3,000 But Will Bulls Manage to Break It?

16 days ago

ETH/USD – Ether Remains Inside Established Range
Key Support Levels: $2890, $2710, $2620.Key Resistance Levels: $3000, $3200, $3300.
Etheruem continues to trade inside the range it set around ten days ago between $3200 and support at $2770 (.786 Fib). A 100-day MA further bolsters the support at the bottom end of the range.
Yesterday, ETH found the support at $2800 and rebounded higher from there today as it spikes above $3000. The market will need to break this established range to dictate the next direction. A break above $3200 could allow ETH to recover to the September highs. On the other hand, if it goes below $2,800 we might see the cryptocurrency start sliding to $2.2K.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, the

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Cardano Price Analysis: ADA Fighting to Defend Critical $2 Support

17 days ago

ADA/USD – Bulls Continue To Defend $2
Key Support Levels: $2, $1.88, $1.80Key Resistance Levels: $2.60, $2.70, $2.80.
ADA found support at $2 last week, provided by a .618 Fib Retracement. From there, it rebounded through the week until resistance was met at $2.50 (bearish .5 Fib). Since hitting this level, ADA has rolled over and returned back to around $2.
ADA must this level throughout the week to prevent any further declines. It must also break the $2.50 resistance for a chance to recover back toward the September highs.
ADA/USD Daily Chart. Source: TradingView.ADA-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $2.20. This is followed by $2.30 (20-day MA), $2.45 (50-day MA), and $2.50 (bearish .5 Fib).
On the other side, the first strong

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Ripple Price Analysis: XRP Bulls Defend 100-Day MA but What’s Next?

18 days ago

XRP/USD – Bulls Continue To Defend 100-day MA.
Key Support Levels: $0.875, $0.8282, $0.8.Key Resistance Levels: $0.95, $1.0, $1.05.
XRP might be beneath the crucial $1 level but is doing well to hold the 100-day MA. The coin established the support at $0.875 (.618 Fib & 100-day MA) last week and rebounded from there to meet resistance at $1.
Since hitting $1, XRP has moved sideways inside a range between $1 and $0.875. In addition to this, XRP is also trading inside a descending wedge formation as the market poises itself for a potential upside break.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $0.95 (200-day MA). This is followed by $1.00, $1.05, and $1.10 (50-day MA).
On the other side, the

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Ethereum Price Analysis: Bears Take ETH Below $3K With a 5% Daily Dump

18 days ago

ETH/USD – Ether Falls Back Beneath $3000
Key Support Levels: $2890, $2770, $2600.Key Resistance Levels: $3000, $3180, $3200.
Ethereum fell a sharp 5% today as it dropped back beneath $3000 to reach the current $2900 support. Since falling below the neckline on a head & shoulders pattern last Monday, the cryptocurrency has been trapped inside a trading range for the past eight days between $3180 and around $2770 (100-day MA).
The bulls rebounded from the lower boundary of the range on Sunday but could not overcome resistance at $3180 yesterday. As a result, ETH fell back beneath $3000 again today.
The breakout of the current range will dictate the next direction for the market.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, if

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Crypto Price Analysis & Overview September 24th: Ethereum, Ripple, Cardano, Solana, and Avalanche

22 days ago

Ethereum
Ethereum is down a sharp 21% this week as the coin sits beneath $3000. The sell-off started on Monday when ETH slipped beneath the neckline of a head & shoulders pattern and the 50-day MA. Initially, the market found support at $3000 but would continue to fall beneath it on Tuesday to find support at $2770 (.786 Fib Retracement).
ETH did rebound on Wednesday and Thursday as it climbed back above $3000. However, it lost another sharp 9% today, causing it to break back beneath $3000 and reach the support at the 100-day MA at around $2730.
Looking ahead, if the sellers push lower, the first support lies between $2770 (.786 Fib) and $2730 (100-day MA). This is followed by $2600 (200-day MA), $2500, $2420 (downside 1.618 Fib Extension), and $2200 (.786 Fib).
On the

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Ripple Price Analysis: XRP Bounces From 100-day MA and Battles to Reclaim $1

23 days ago

XRP/USD – Buyers Battling To Reclaim $1.
Key Support Levels: $0.95, $0.876, $0.8282.Key Resistance Levels: $1.05, $1.15, $1.25.
XRP fell beneath the $1.05 floor on Monday and ended up below $1, and the 200-day MA until support was found at $0.875 (.618 Fib). This level was further bolstered by the 100-day MA level, which allowed XRP to rebound.
After this, XRP went on to break the 200-day MA at $0.85 and spike back above $1. Unfortunately, the bulls have still not managed to gain ground above $1.00 so far.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $1.05. This is followed by $1.10 (50-day MA & 20-day MA), $1.15, and $1.25 (Feb 2018 Highs).
On the other side, the first support lies at $0.95

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Cardano Price Analysis: ADA Recovers 6% In a Day, What’s Next?

23 days ago

ADA/USD – Buyers Rebound From $1.88 Support
Key Support Levels: $$2.00, $1.88, $1.80.Key Resistance Levels: $2.20, $2.40, $2.50.
ADA bounced by a total of 6% over the past 24 hours since finding support at $2.00 yesterday. The cryptocurrency had broken beneath the 50-day MA on Monday and spiked lower on Tuesday until support was met at $1.88, provided by a 1.414 Fib Extension.
The buyers regrouped at $1.88, allowing them to push toward $2.00 when the daily candle closed. Yesterday, ADA bounced from $2.00 and continued beyond $2.20. It now needs to break the September descending trend line before attempting the 50-day MA around $2.40.
ADA/USD Daily Chart. Source: TradingView.ADA-USD Short Term Price Prediction
Looking ahead, the first resistance lies around $2.20 (falling

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Ethereum Price Analysis: ETH Bulls Fight to Reclaim $3,000 as Market Struggles

24 days ago

ETH/USD – Ether Finds .786 Fib Support.
Key Support Levels: $2770, $2720, $2600.Key Resistance Levels: $3000, $3200, $3290.
Ethereum is now down a steep 15% on the week as it plummeted beneath $3000. The coin started the week off by falling beneath a rising trend line and the 50-day MA. The trend line also formed the neck of a head and shoulders pattern that could send it as low as $2400.
Since breaking the 50-day MA, ETH continued to decrease until it hit yesterday’s low at $2656. From there, the bulls regrouped to close the candle at $2770, which is support provided by a .786 Fib. It bounced from there today as it battles to stay above $2900.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, the first strong support lies at $2770

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Solana Price Analysis: SOL Trades Inside Price Channel Following Near 19% 7-Day Drop

25 days ago

SOL/USD – SOL Heading Lower Inside Descending Price Channel.
Key Support Levels: $130, $123, $121.Key Resistance Levels: $150, $160, $180.
SOL is down a sharp 18.5% this week as it continues to trend lower inside a descending price channel. It managed to set a new ATH price in the first week of September at $216. Since then, SOL rolled over to form the falling price channel.
On Saturday, the cryptocurrency attempted to break the upper angle of the price channel but failed to go above $170. During the capitulation yesterday, SOL fell as low as $130 but has since rebounded to $135.
For SOL to continue the upward trend it established over the past month, it would need to break above the price channel and clear $160 (20-day MA).
SOL/USD Daily Chart. Source: TradingView.SOL-USD

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Cardano Price Analysis: Following a 10% Weekly Crash, ADA Bulls Defend $2 Support

25 days ago

ADA/USD – Buyers Battle To Defend $2
Key Support Levels: $2.05, $2.00, $1.88.Key Resistance Levels: $2.21, $2.33, $2.40.
ADA managed to find support at $2 today as it rebounded from the .618 Fib level. The cryptocurrency is still down 10% over the week, $2 is looking to be a promising threshold for the bulls.
The cryptocurrency developed strong support at $2.40 last week but fell beneath it over the weekend. During the market capitulation yesterday, ADA dropped below the 50-day MA level at $2.30 and continued lower until it found the .618 Fib support at $2.05. Today, it did spike beneath $2, reaching as low as $1.91, but did quickly rebound.
ADA/USD Daily Chart. Source: TradingView.ADA-USD Short Term Price Prediction
Looking ahead, the first support lies at $2.05 (.618

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Ripple Price Analysis: XRP Plummets Below $1 as 200-day MA Comes Into Play

26 days ago

XRP/USD – XRP Loses Ground At $1
Key Support Levels: $0.875, $0.8282, $0.8.Key Resistance Levels: $1.00, $1.05, $1.14.
Since the early September flash crash, when XRP fell as low as $0.95 from a high of $1.40, XRP had established a solid range between $1.14 and support at $1.05 (.5 Fib Retracement).
Over the weekend, the cryptocurrency fell beneath the 50-day MA and tested the $1.05 support again. Today, the 12% price fall caused XRP to break support at $1.05 as it went on to crash beneath $1.00 and reach as low as $0.875 (.618 Fib & 100-day MA).
There, the combined support allowed XRP to bounce to the current $0.94 level as it sits above the 200-day MA.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, if the sellers break the

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Ethereum Price Analysis: ETH Crashes To $3000 as Broader Market Pulls Back

26 days ago

ETH/USD – Ether Plummets Into $3000 Support
Key Support Levels: $2890, $2770, $2720.Key Resistance Levels: $3200, $3300, $3350.
Ethereum fell a sharp 11.5% today as it crashed back to $3000. The cryptocurrency had dropped from near $4000 at the start of September as it fell into support around $3200 (.5 Fib Retracement) last week. A rising trend line bolstered the support, and it allowed ETH to rebound during the week.
It reached as high as $3600 last week but rolled over on Wednesday. By the weekend, ETH had returned to the support at the rising trend line and the 50-day MA around $3280. Today, it collapsed beneath the trend line and the 50-day MA to reach as low as $2920. It has since bounced from the low and is battling to hold above $3000.
The break beneath the trend

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Ethereum Price Analysis: ETH Reclaims 20-Day MA Following a 3-Day Surge of 18%

September 16, 2021

ETH/USD – Ether Reclaims 20-day MA After Finding $3200 Support.
Key Support Levels: $3530, $3350, $3200.Key Resistance Levels: $3790, $3975, $4000.
Ethereum managed to establish support at $3200 (.5 Fib) over the weekend. The level there was further bolstered by the 50-day MA, and it allowed ETH to start rebounding at the beginning of this week.
Yesterday, the cryptocurrency surged higher from $3400, allowing it to break resistance at the 20-day MA and reach $3600. The move is important because it shows that buyers are attempting to recover from the market capitulation seen last week.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $3790 (bearish .786 Fib). This is followed by $3975 (1.272 Fib

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Ripple Price Analysis: XRP Rangebound Following Last Week’s Crash, What’s Next?

September 15, 2021

XRP/USD – XRP Establishes Narrow Range
Key Support Levels: $1.05, $1.00, $0.95.Key Resistance Levels: $1.14, $1.17, $1.25.
Since crashing from $1.40 last Tuesday, XRP has established a range between $1.05 and $1.14 over the past week. The support at $1.05 is provided by a .5 Fib and is now bolstered by the 50-day MA.
The cryptocurrency has dropped numerous times beneath $1.05 but has managed to close each daily candle above that line. On the other side, the resistance at $1.14 provided support in August and will need to be overcome in order to end the current range.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, the first support lies at $1.05 (.5 Fib & 50-day MA). The next levels are at $1.00, $0.95 (.618 Fib), $0.92 (200-day

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Polkadot Price Analysis: DOT Bulls Create Three Month Highs Following 9% Weekly Gains

September 14, 2021

DOT/USD – DOT Breaks Bearish .618 Fib.
Key Support Levels: $35.30, $32.55, $30.Key Resistance Levels: $38.65, $40, $42.10.
DOT surged above resistance at $30 toward the end of August as it started to climb higher in the first week of September to reach resistance at $35.30 (bearish .618 Fib). However, it could not overcome this level and ended up falling into the 200-day MA around $27.50 during the market crash last week.
Since then, DOT solidified the support at the 200-day MA and started to climb higher again. On Sunday, it surged above $35.30 and closed over the resistance. After a brief retracement to $32.50 yesterday, DOT has finally surged well above $35.30 to reach near $38 today.
DOT/USD Daily Chart. Source: TradingView.DOT-USD Short Term Price Prediction
Looking

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Cardano Price Analysis: ADA Down 16% Weekly Despite Smart Contracts Hardfork

September 14, 2021

ADA/USD – Bulls Battle To Defend .382 Fib.
Key Support Levels: $2.35, $2.20, $2.00.Key Resistance Levels: $2.60, $2.70, $2.80.
ADA fell from near $3 last week to spike as low as $1.97 (.618 Fib) during the flash crash. By the end of the week, ADA had established support at $2.35 (.382 Fib) and rebounded from there over the weekend.
Unfortunately, ADA could not close above resistance at $2.80 and ended up reversing from there to head back into the $2.35 support, where it currently sits. A break beneath this support could potentially cause ADA to continue lower toward the 50-day MA around $2.20.
It’s also worth noting that this takes place right as the network went through the much-anticipated launch of its smart contracts capability on the mainnet on Sunday, September 12.

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Ethereum Price Analysis: ETH Down 15% in a Week, Where is The Crucial Support?

September 13, 2021

ETH/USD – Ether Falls Into .5 Fib Support
Key Support Levels: $3200, $3150, $3000.Key Resistance Levels: $3350, $3480, $3600.
After Tuesday’s market wipeout, ETH is now down a total of 15% on the week after falling from near $4000. The coin found support at $3200 (.5 Fib) over the weekend and rebounded higher.
Unfortunately, it could not break the 20-day MA resistance at $3485 yesterday and rolled over from there today as it fell by 2% to meet the current $3200 (.5 Fib) level again. The support here is also bolstered by an ascending trend line that extends to early August.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, the first major support lies at $3200 (.5 Fib). This is followed by $3150 (50-day MA), $3000 (.618 Fib), and

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Crypto Price Analysis & Overview September 10th: Ethereum, Ripple, Cardano, Solana, & Matic

September 10, 2021

Ethereum
Ethereum dropped a sharp 10% this week as the cryptocurrency currently sits at around $3400. The cryptocurrency surged to $3975 last Friday, where it met the resistance at a 1.272 Fib Extension level.
It was unable to overcome it over the weekend and eventually collapsed from there on Tuesday during the market wipeout. ETH dropped as low as $3000 during the sell-off but eventually recovered by the end of the day to close the daily candle at $3428 (.382 Fib).
It held this support over the past two days but recently slipped beneath it today, reaching as low as $3350.
Looking ahead, the first support lies at $3350. This is followed by added support at $3240 (.5 Fib), $3100 (50-day MA), $3000, and $2890.
On the other side, the first resistance lies at $3500 (20-day

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Ethereum Price Analysis: Here Are the Next Critical Levels to Watch for ETH After the Crash

September 8, 2021

ETH/USD – Ether Falls Beneath 20-day MA
Key Support Levels: $3350, $3185, $3000.Key Resistance Levels: $3600, $3790, $3875.
Ethereum suffered a very sharp price crash over the past 24 hours. Yesterday, the coin lost as much as 23% from a high of $3946 to reach as low as $3025. However, the market recovered slightly by the end of the day to close at the 20-day MA.
Today, ETH slipped a little, which put the price beneath the 20-day MA. Yesterday’s price drop was quite extreme, and it is unlikely that a quick recovery would take place to take ETH back toward $4000.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, if the sellers continue to push lower, the first support lies at $3350 (August resistance). This is followed by $3185

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Ripple Price Analysis: XRP Dipped Below $1, Bulls Looking to Consolidate

September 8, 2021

XRP/USD – XRP Spikes As Low As $0.928
Key Support Levels: $1.05, $1.00, $0.92 – $0.9.Key Resistance Levels: $1.20, $1.25, $1.36.
XRP was trading inside an ascending price channel since breaking the symmetrical triangle pattern at the end of July. The price channel allowed XRP to break the August high at $1.36 this week and reach $1.40.
Unfortunately, the steep market sell-off yesterday caused XRP to fall beneath the ascending price channel. XRP collapsed by a total of 33% yesterday, causing the coin to spike beneath $1 and reach as low as $0.928 (.618 Fib). It has since rebounded from there to climb back above $1 and reach $1.10.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $1.20 (20-day MA). This

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Cardano Price Analysis: ADA Crashed 10% Daily Following Failure to Overcome $3

September 7, 2021

ADA/USD – ADA Spikes Lower Into .382 Fib
Key Support Levels: $2.50, $2.26, $2.00.Key Resistance Levels: $2.76, $3.00, $3.20.
ADA has been battling the $3.00 resistance level since the end of August. The coin was trading inside an ascending price channel throughout the entire month, which allowed it to surge above the $3 level.
In September, ADA fell beneath the price channel after failing to overcome $3 after multiple attempts over the weekend. Yesterday, it fell into the support at $2.75 (20-day MA & .236 Fib). It continued to spike further lower today as it reached as low as $2.50 (.382 Fib) for a 10% daily crash.
It has bounced slightly from there as it trades above $2.60, but the recent pullback should have been expected after the market was rejected at $3 on numerous

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Ripple Price Analysis: XRP Pokes $1.40 As Bulls Manage a 6% Daily Increase

September 6, 2021

XRP/USD – XRP Breaks August Highs
Key Support Levels: $1.36, $1.25, $1.20.Key Resistance Levels: $1.40, $1.50, $1.54.
XRP has finally broken the August high at $1.36 today after spiking as high as $1.40. The coin reached $1.36 (1.618 Fib Extension) during mid-August and started to trend lower from there inside a symmetrical triangle.
The triangle was finally broken at the start of September as XRP started to surge inside an ascending price channel. XRP found support at $1.25 (Feb 2018 high) over the weekend and rebounded from there yesterday to break $1.30. It continued higher today to break the August high.
XRP/USD Daily Chart. Source: TradingView.XRP-USD Short Term Price Prediction
Looking ahead, the first resistance lies at $1.40. This is followed by $1.50 (bearish .786

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Ethereum Price Analysis: ETH Charts 22% Weekly Gains as Bulls Regroup for Another Attempt at $4K

September 6, 2021

ETH/USD – Ether Edges Closer To $4000 Resistance.
Key Support Levels: $3800, $3615, $3490.Key Resistance Levels: $3975 – $4000, $4060, $4200.
Ethereum broke the previous symmetrical triangle pattern consolidation on the final day of August and had been surging aggressively ever since. On Friday, ETH surged higher from $3790 (bearish .786 Fib) and climbed into the resistance at $3975 (1.272 Fib Extension).
The coin made two attempts to break this resistance over the weekend and failed on both occasions. It made another attempt today but has since rolled over and is trading at around $3900.
ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price Prediction
Looking ahead, the first strong resistance lies between $3975 and $4000. Beyond $4000, additional resistance

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