With the intraday rise of over 10% in a day after drastically breaking all its important support levels, TRX is trying to break the resistance formed at the 200 DMA. The weakness in the overall crypto market backed by the consistent banning of crypto-related activities by China was instrumental in driving the TRX value. From …
ANKR price has tested and broken out of the 23.6% FIB retracement level of $0.0740. However, it may soon retest this level and fall below it. We anticipate the MACD signals to work out and give a push towards the positive direction where it can next cross the pivot levels of $0.079.
On Wednesday (June 23), Lennard Neo, Head Of Research at Stack Funds, a Singapore-based crypto-focused fund management company, explained why they believe that “Bitcoin is very close to the bottom.” His comments about Bitcoin were delivered in a research note (titled: “Strong support observed as Bitcoins get scooped up at $30,000”), which was published yesterday. […]
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FLOW price has tested and broken out of the 23.6% FIB retracement level of $8.533. However, it may soon retest this level and fall below it. We anticipate the MACD signals to work out and give a push towards the positive direction where it can next cross the pivot levels of $8.891.
EOS seems to be forming a decent support base above the $2.00 level against the US Dollar. The price is still trading well below $4.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from...
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Litecoin price started an upside correction from the $105 support against the US Dollar. LTC price is still trading well below $140 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair...
Ethereum attempted a decent recovery, but it failed above $2,000 against the US Dollar. ETH price is trimming gains and it might continue to move down towards $1,850. Ethereum failed to clear the $2,050 and $2,060 resistance levels. The price is trading well below $2,000 and the 100 hourly simple moving average. There is a […]
