Tag Archives: Price Analysis

The price continued to increase after gaining momentum from the weekly support.Currently, the bulls are in control of the market across trading pairs.Tezos surged 11% to reach $2.66 today following a recent break above monthly high.XTZ/USD: Tezos Stays Bullish Above Weekly HighKey Resistance Levels: $3, $3.3Key Support Levels: $2.38, $2.07XTZ/USD. Source: TradingViewTezos’s price has continued to increase since the market fell to around $1 in March. So far, the recovery is estimated to about...

Stellar reactivated a mid-term bullish trend following a 17% increase over the last 24-hours trading.After breaking out from a monthly resistance, XLM continued to increase and reclaimed last month’s high – $0.0618Stellar is now targeting 8-month resistance following a monthly recovery from 600 SAT support levelXLM/USD: Stellar Reactivates Bullish Above Monthly HighKey Resistance Levels: $0.0665, $0.07Key Support Levels: $0.0618, $0.053XLM/USD. Source: TradingViewAfter bouncing back above...

Chainlink continued to gain momentum in the channel. In the last seven days, LINK is up more than 15%. Against BTC, price and volume are in contrast, but LINK’s bullish trend remains valid on the 4-hours chart. LINK/USD: Chainlink Recovery Holds In a Five-Week Channel Key Resistance Levels: $3.8, $4, $4.5 Key Support Levels: $3.38, $3, $2.5 LINK/USD. Source: TradingViewChainlink saw a small 4% recovery overnight after witnessing a 3-day drop from $3.8 (on April 18) to $3.38 yesterday. This...

Tezos is likely to correct downward to $1.6 if the price plunges below a five weeks wedge. Against Bitcoin, XTZ established resistance around 32840 SAT after gaining 27% in two weeks. Nonetheless, Tezos is still looking bullish across trading pairs despite the recent drops. XTZ/USD: Tezos Looking Bullish But Breakout Is Imminent Key Resistance Levels: $2.36, $2.5 Key Support Levels: $1.85, $1.6 XTZ/USD. Source: TradingViewTezos lost 7% overnight following the latest fall in Bitcoin’s price...

Zcash is technically looking bullish on a short-term across its trading pairs. It remains one of the biggest gainers following a 35% increase in the last seven days of trading. The increase in buying volume suggests more bullish momentum is underway. ZEC marked new monthly high after breaking out from a four-week ascending channel yesterday ZEC/USD: Zcash Pulling Back After Touching $49 Key Resistance Levels: $50, $55 Key Support Levels: $42.08, $36.16 ZEC/USD. Source: TradingViewThe latest...

Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...

EOS touched $2.74 after bouncing back with a 10% gain over the last 12-hours Against Bitcoin, EOS price was rejected sharply after attempting to break-through the 3800 SAT resistance. If EOS fails to find a rebound level at $2.6, the bears may resume pressure inside the hourly descending channel. EOS bulls continue to weaken at resistance as buying volume decreases across its trading pairs EOS/USD: EOS Consolidating Around $2.64 Key Resistance Levels: $2.74, $2.8, $2.9 Key Support Levels:...

Litecoin could start fresh increase if buying pressure increases above immediate resistance Against USD, Litecoin is following a lower low and lower high pattern on the 4-hours chart A break below 0.00585 BTC support may cause serious bearish action for the LTC/BTC pair, but a triple bottom pattern is much likely to play out. LTC/USD: Litecoin Bounces Back After Testing Support Key Resistance Levels: $43.7, $47 Key Support Levels: $37.9, 34.5, $32.4 LTC/USD. Source: TradingViewLitecoin...

While Chainlink holds support at $3.3, a break down could lead to a massive drop in price.Against Bitcoin, Link is beginning to flag a bearish trend after dropping off a 4-day wedge.LINK/USD: Chainlink Holding Support At $3.3Key Resistance Levels: $3.48, $3.6.2, $3.8Key Support Levels: $3.3, $3, $2.8LINK/USD. Source: TradingViewThe price of Chainlink saw a massive 60% increase over the past two weeks of trading, making it the top gainer amongst the major altcoins so far this month. This...

Binance Coin surged 5% to reach a current daily high of $15.1 but facing strong resistance around that area.Against Bitcoin, BNB reached 0.0022 BTC after breaking a four-week high todayThe price action is looking bullish on the 4-hours chart, but BNB remained neutral since the wedge breakout against the US DollarBNB/USD: BNB Remains IndecisiveKey Resistance Levels: $15.1, $15.5, $16Key Support Levels: $13.47, $12, $11.2BNB/USD. Source: TradingViewFollowing the latest drop in Bitcoin’s price,...