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XRP(4Hr) : XRP recovering slowly towards 1$Market in the last 24hrs Price can be seen oscillating between the upper and the middle Bollinger band as the price accepted the upper band as a resistance line. Trading volume has been very high in the last 24 hours but due to the volume being similar throughout the day the price also moved in a consolidated manner. Today’s Trend analysis The price is expected to continue to move in between the middle and upper Bollinger bands till we see drastic changes in volume or some other fundamental aspect. Price volatility was low at approximately 2.48%, with the day's range between $0.702 — $0.765. Price at the time of publishing: $0.722 XRP’s market cap: $33.39 Billion However, the Indicator summary is giving a 'BUY' signal on XRPUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal. Out of 15 Moving average indicators, 3 are giving SELL signal, 1 is giving neutral and 11 are giving a BUY signal. Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:XRPUSDLong
by Mudrex
2
DOGEUSD(4Hr) : DOGE saw a major dropMarket in the last 24hrs DOGEUSD can be seen oscillating on the middle Bollinger band and recently saw a dip where the price rejected 2 major support lines i.e. the middle and the bottom Bollinger bands. Trading volume has been high and has remained almost similar throughout the day. Today’s Trend analysis The latest candle suggests a strong bearish momentum setting in the future. Price volatility was low at approximately 2.69%, with the day's range between $0.196 — $0.211. Price at the time of publishing: $0.199 DOGE’s market cap: $29.21 Billion However, the Indicator summary is giving a 'STRONG SELL' signal on DOGEUSD. Out of 11 Oscillator indicators, 5 are giving a SELL signal, 6 are neutral and 0 are giving a BUY signal. Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal. Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:DOGEUSDShort
by Mudrex
9
XRP(4Hr) : TA indicating a sideways movmentMarket in the last 24hrs Price can be seen moving sideways in the last 24 hours between the upper and middle Bollinger bands. Trading volume has been low compared to the week which could be the reason behind a sideways movement of the price. Today’s Trend analysis The price is expected to continue to move in a slightly bearish momentum till it reaches the middle Bollinger band. Price volatility was low at approximately 1.18%, with the day's range between $0.693 — $0.739. Price at the time of publishing: $0.704 XRP’s market cap: $32.63 Billion However, the Indicator summary is giving a 'BUY' signal on XRPUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal. Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal. Trading volume has been low in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BITSTAMP:XRPUSD
by Mudrex
7
Using Volume & Open Interest data as secondary indicatorsIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Several chartists use the approach of price-action to predict the market movements. Some include volume too. However, most professional traders prefer using a multidimensional approach to market analysis. Price, Volume and Open Interest are the 3 dimensions which are carefully evaluated by these traders. Open Interest The total number of outstanding or unliquidated contracts at the end of the day is referred to as Open Interest. It represents the total number of outstanding longs or shorts in the market. Please note: It is not the summation of both It is the number of contracts. Every contract needs 2 parties- a buyer and a seller. Hence, two parties agreeing on trade forms 1 contract. The open interest figures change every day. These changes such as increase or decrease in OI give the traders a clue as to how the market might behave next. Few days back, during the end of the weekend, you might have heard that BTC rallied such violently after a short squeeze, where a lot of the short positions got liquidated. That is nothing but an aspect of the Open Interest. With every trade that goes through, the OI might: Increase Decrease Stay unchanged These changes are discussed in Table 1. If both the buyer and seller are initiating a new position, a new contract gets established. If buyer is initiating a new long position, while the seller liquidates an old long, the number of contract remains unchanged. Similarly, if the buyer liquidates an old position, while the seller initiates a new position, OI doesn’t change. If both traders are liquidating old positions, the OI goes down. These changes in OI allow traders to predict the market momentum. Most traders use OI in conjunction with ‘Volume’ and ‘Price’. To understand, what these changes in OI, we take a look at table 2. Presently, we have seen the markets entering a long term consolidation. A build-up in open interest during consolidation periods intensifies the ensuing breakout. 95% of traders follow the same technical indicators. Hence, the bigger players tend to use this fact to their advantage. I would like to conclude the analysis by stating that: The markets can continue to be irrational as long it deems fit. No analysis is sacrosanct! "Technical Analysis of the Financial Markets" by John J. Murphy talks about different aspects in detail. The above analysis has been researched and referenced from different parts of the book. ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
Editors' picks
BINANCE:BTCUSDEducation
by Mudrex
70
ETHUSD(4Hr) : ETH moving with very low volatilityMarket in the last 24hrs The price is moving in a slightly bearish momentum along with the middle Bollinger band in the last 24 hours. Trading volume has been high in the last 24 hours. Today’s Trend analysis The price is moving along the middle Bollinger band which acts as a support line so as long as the price is moving above it we can expect an overall bullish momentum. Price volatility was very low at approximately 0.3%, with the day's range between $2258 — $2342. Price at the time of publishing: $2297 ETH's market cap: $268 Billion However, the Indicator summary is giving a 'BUY' signal on ETHUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal. Out of 15 Moving average indicators, 2 are giving a SELL signal, 1 is neutral and 12 are giving a BUY signal. Trading volume has been high in the last 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. Note: Above analysis would hold if we do not encounter a sudden jump in trade volume. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:ETHUSDLong
by Mudrex
3
DOGEUSD(4Hr) : DOGE moving along a strong supportMarket in the last 24hrs Price is moving along the rising middle Bollinger band and the trend line in a consolidated movement. Trading volume has been high and has been similar throughout the day. Today’s Trend analysis The price is expected to continue to move in a similar direction following the trend line as it is acting as a good support line. If the price rejects the trend line as support then we may see a major downtrend. Price volatility was low at approximately 1.89%, with the day's range between $0.202 — $0.214. Price at the time of publishing: $0.207 DOGE’s market cap: $26.99 Billion However, the Indicator summary is giving a 'NEUTRAL' signal on DOGEUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal. Out of 15 Moving average indicators, 6 are giving SELL signal, 1 is giving neutral and 8 are giving a BUY signal. Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:DOGEUSDLong
by Mudrex
4
Multi-timeframe analysis:Decoding the volume & price relationIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: As of now, Bitcoin is hovering around the $39,600 mark. After the initial rally towards the end of the weekend, we saw a consolidation. The price has started going up again. However, some profit booking is gripping the markets lately dragging prices lower. Market in the last 24hrs The last 24 hours were pretty volatile. BTC rushed towards the $40k mark after an initial consolidation. Today’s Trend analysis Lately, newer retail investors are actively entering the markets noticing the rally observed in Bitcoin. BTC is moving within a channel. We have seen BTC moving within this exact channel earlier in Jan 2021. Following the breakout, BTC made a huge move over the $64,000 mark. Currently the markets are neither bearish, nor bullish. It is merely a price discovery period for BTC and the markets. Volume precedes price. Always! Even though we see the price rising, the volume is dropping. These are usually signs of reversal. Fakeouts happen too often in such market conditions. Traders should be careful before entering either long or short positions now. If BTC crosses $45,000 with good volumes, we will certainly be in a bull market. Till then, it is prudent to take trades with tight stop-losses. Price volatility remained extremely high at approximately 12.95%, with the day's range between $38,895.81 — $40,927.53. Price at the time of publishing: $39,463.43 BTC's market cap: $744.47 Billion Out of 11 Oscillator indicators, 7 are neutral, 1 is bearish and 3 are bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 3 are bearish and 11 are bullish. Indicator summary is giving a ‘BUY’ signal on BTCUSD . Volumes have decreased over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 24-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
BITSTAMP:BTCUSD
by Mudrex
7
ETHUSD(4Hr) : ETH not looking to give up yetMarket in the last 24hrs The price saw consolidated movement with a slight indication of bullish momentum. The price can be seen moving along the middle Bollinger band. The trading volume has been moderate for the last 24 hours. Today’s Trend analysis The price is expected to continue to move in a slightly bullish consolidated movement along with the middle Bollinger band. Price volatility was low at approximately 3.5%, with the day's range between $2209— $2334. Price at the time of publishing: $2303 ETH's market cap: $269 Billion However, the Indicator summary is giving a 'BUY' signal on ETHUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal. Out of 15 Moving average indicators, 1 is giving a SELL signal, 1 is neutral and 13 are giving a BUY signal. Trading volume has been moderate in the last 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. Note: Above analysis would hold if we do not encounter a sudden jump in trade volume. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:ETHUSDLong
by Mudrex
6
DOGEUSD(4Hr) : DOGE moving in an upward triangleMarket in the last 24hrs DOGEUSD saw an overall downtrend with price moving between the upper and middle Bollinger band. Trading volume has been high in the last 24 hours. Today’s Trend analysis Price is expected to move in an uptrend as the price is looking like it is accepting the trend line and the middle Bollinger band as a support line. In the long term, the price is expected to move in the upward triangle. Price volatility was high at approximately 7.1%, with the day's range between $0.195 — $0.228. Price at the time of publishing: $0.203 DOGE’s market cap: $26.53 Billion However, the Indicator summary is giving a 'NEUTRAL' signal on DOGEUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal. Out of 15 Moving average indicators, 7 are giving SELL signal, 1 is giving neutral and 7 are giving a BUY signal. Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:DOGEUSDLong
by Mudrex
9
Profit booking ramping up, buying activity decreasing|What next?If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: As of now, Bitcoin is hovering around the $38,000 mark. After the recent short squeeze that drove prices higher, BTC is now starting to consolidate. Market in the last 24hrs The last 24 hours were pretty volatile. BTC rushed towards the $40k mark and later fell and created a low around $36,300. Today’s Trend analysis First of all, we notice that the volumes are going down. Then we notice that the MFI or the Money Flow Index is dipping downwards. These two combined give a sense that the buying pressure is decreasing. As the markets start appearing shaky, short-sellers would likely take up aggressive positions to bring it further down. We expect the markets to consolidate over the next 24 hours. The nearest strong support is at $36,500. The only way this analysis would be invalidated is if we see a huge influx of money flowing into BTC. In that case, $40k and $40,500 would be the sturdy resistance levels. Price volatility remained extremely high at approximately 12.95%, with the day's range between $36,386.19 — $38,144.08. Price at the time of publishing: $38,144.98 BTC's market cap: $710.67 Billion Out of 11 Oscillator indicators, 7 are neutral, 2 are bearish and 2 are bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 4 are bearish and 10 are bullish. Indicator summary is giving a ‘BUY’ signal on BTCUSD . Volumes have decreased over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 12-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
BITSTAMP:BTCUSD
by Mudrex
15
ETHUSD(4Hr) : ETH saw major jump along with other crypto'sMarket in the last 24hrs ETHUSD saw a major uptrend as the price moved above the upper Bollinger band. Trading volume has been high in the last 24 hours. We can see the volume going down with a slight increase in price suggesting we might see a trend reversal and Today’s Trend analysis The price is expected to continue a consolidated movement with a slight indication of bullish momentum. This movement is expected to continue till it reaches the middle Bollinger band. Price volatility was very high at approximately 10.45%, with the day's range between $2147— $2389. Price at the time of publishing: $2377 ETH's market cap: $278 Billion However, the Indicator summary is giving a 'BUY' signal on ETHUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal. Out of 15 Moving average indicators, 1 is giving a SELL signal, 1 is neutral and 13 are giving a BUY signal. Trading volume has been high in the last 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. Note: Above analysis would hold if we do not encounter a sudden jump in trade volume. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:ETHUSDLong
by Mudrex
5
Trendline breakout on the daily timeframe| looking strong ATMIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: As of now, MATIC jumped higher by approximately 13.6%. MATIC gave a brilliant trendline breakout on the daily timeframe. In our last analysis on MATIC, we predicted a 30% up-move for the week. MATIC reached that level and even higher in less than 1 week. Market in the last 24hrs The last 24 hours were a great session for the crypto spectrum after Bitcoin’s rally. MATIC shot up almost 14% and comfortably breaching the $1 level. Today’s Trend analysis MATIC is comfortably poised around the current price point of $1.06. Traded volume is still on the lower side. We could likely witness some consolidation over the next 24 hours. Price at the time of publishing: $1.064 MATIC's market cap: $6.90 Billion Out of 11 Oscillator indicators, 8 are neutral, none are bearish and 3 are bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 3 are bearish and 9 are bullish. Indicator summary is giving a ‘BUY’ signal on MATICUSD . Volumes have bumped up over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 24-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
MLong
by Mudrex
5
Short squeeze fuelled fantastic rally, however vol remains lowIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: As of now, Bitcoin has jumped back above the $38,000 mark. It reached a high of $39,850 before settling around current levels. The fantastic rally was received well by investors after weeks of consolidation. Market in the last 24hrs We witnessed BTC inching closer towards the $40k level. BTC's massive rise was not because the market turned bullish. The markets are still in a price-discovery mode. This rally was fuelled by a short squeeze where several positions got liquidated after the price shot up owing to news regarding Amazon contemplating accepting Bitcoin payments in the future. Today’s Trend analysis BTC will face two massive resistance levels in the immediate term. The first would be the psychological resistance at $40k and the next would be the resistance level at $40.5k. The volumes have stayed low despite the massive rise. Price volatility remained extremely high at approximately 12.95%, with the day's range between $35,282.70 — $39,850.00. Price at the time of publishing: $38,474.98 BTC's market cap: $721.67 Billion Out of 11 Oscillator indicators, 7 are neutral, 1 is bearish and 3 are bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 4 are bearish and 10 are bullish. Indicator summary is giving a ‘BUY’ signal on BTCUSD . Volumes have marginally shot up over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 24-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
BITSTAMP:BTCUSD
by Mudrex
10
DOGEUSD(4Hr) : DOGE looking to go to the moonMarket in the last 24hrs DOGEUSD saw a major jump recently as the price moved above the upper Bollinger band after moving in consolidated bearish momentum suggesting a trend break thus an upward movement. Trading volume has been very high in the last 24 hours. Today’s Trend analysis Price is expected to see a bullish momentum for the next 24 hours as the price moved above the upper Bollinger band a new trend should be setting on soon. Price volatility was very high at approximately 15%, with the day's range between $0.192— $0.23. Price at the time of publishing: $0.226 DOGE’s market cap: $29.59 Billion However, the Indicator summary is giving a 'STRONG BUY' signal on DOGEUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 6 are neutral and 3 are giving a BUY signal. Out of 15 Moving average indicators, 0 are giving SELL signal, 1 is giving neutral and 14 are giving a BUY signal. Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:DOGEUSDLong
by Mudrex
9
BTC not yet of the woods|Expect a bumpy weekendIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: As of now, Bitcoin has jumped back above the $32,000 mark. We are witnessing some slight consolidation in the 4hr time-frame. In our previous analysis on BTCUSD, we had correctly predicted the short term rally above $32,000. That is exactly what happened in the past 24 hours. Market in the last 24hrs We witnessed some consolidation around the $32k mark over the past 24 hours. Volumes declined a bit. Today’s Trend analysis The Bollinger Bands indicate that the market volatility has greatly increased. BTCUSD can be expected to hover around the shown range. We will only turn bullish in the short term if BTC manages to get past the $33,800 level. Price volatility remained low at approximately 2.21%, with the day's range between $32,213.63 — $32,930.00. Price at the time of publishing: $32,371.19 BTC's market cap: $607.67 Billion Out of 11 Oscillator indicators, 9 are neutral, 1 is bearish and 1 is bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 4 are bearish and 10 are bullish. Indicator summary is giving a ‘BUY’ signal on BTCUSD . Volumes have decreased over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
BITSTAMP:BTCUSD
by Mudrex
20
ETHUSD(4Hr) : ETH slowly moving upwardsMarket in the last 24hrs The price saw bullish momentum in the last 24 hours. The price can be seen moving along the upper Bollinger band. Trading volume has been high in the last 24 hours. Today’s Trend analysis The price is expected to move in a consolidated movement with a slight indication of a bullish momentum till it reaches the upper Bollinger band. Price volatility was very low at approximately 3.54%, with the day's range between $1954— $2092. Price at the time of publishing: $2053 ETH's market cap: $239.81 Billion However, the Indicator summary is giving a 'BUY' signal on ETHUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 7 are neutral and 2 are giving a BUY signal. Out of 15 Moving average indicators, 2 are giving a SELL signal, 1 is neutral and 12 are giving a BUY signal. Trading volume has been high in the last 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. Note: Above analysis would hold if we do not encounter a sudden jump in trade volume. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:ETHUSDLong
by Mudrex
5
ADAUSD(4Hr) : Cardano recovering along with other cryptosMarket in the last 24hrs ADAUSD saw a consolidated movement with a slight indication of bullish momentum. Trading volume has been high in the last 24 hours and can be seen decreasing with slight increase in price suggesting a bearish momentum in the future. Today’s Trend analysis The price is expected to continue the consolidated movement till the price reaches the upper Bollinger band after which the likely scenario is that the price accepts the upper band as a resistance line and move in a downward momentum. Price volatility was low at approximately 1.4%, with the day's range between $1.14 — $1.21. Price at the time of publishing: $1.2 ADA’s market cap: $38.34 Billion However, the Indicator summary is giving a 'BUY' signal on DOGEUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 7 are neutral and 2 are giving a BUY signal. Out of 15 Moving average indicators, 4 are giving SELL signal, 1 is giving neutral and 10 are giving a BUY signal. Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:ADAUSDLong
by traderanalysis
XRP(4Hr) : XRP recovering slowlyMarket in the last 24hrs XRPUSD saw bullish momentum in the last 24 hours but lately, the price can be seen moving in a consolidated manner. Trading volume has been high in the last 24 hours which could be the reason behind the bullish movement. Today’s Trend analysis XRPUSD is expected to continue to move in a consolidated movement with a slight indication of bullish momentum. This is expected to continue till the price accepts the upper Bollinger band as a resistance line after which a sideways movement is expected. Price volatility was high at approximately 7.38%, with the day's range between $0.544 — $0.589. Price at the time of publishing: $0.583 XRP’s market cap: $27 Billion However, the Indicator summary is giving a 'BUY' signal on XRPUSD. Out of 11 Oscillator indicators, 0 are giving a SELL signal, 9 are neutral and 2 are giving a BUY signal. Out of 15 Moving average indicators, 4 are giving SELL signal, 1 is giving neutral and 10 are giving a BUY signal. Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:XRPUSDLong
by Mudrex
4
ETHUSD(4Hr) : ETH looking to fly highMarket in the last 24hrs ETHUSD saw a major bullish momentum with price moving from bottom to upper Bollinger band. Trading volume has been high in the last 24 hours. The high volume with an increase in price suggests that the bullish momentum is strong. Today’s Trend analysis Price is expected to continue its upward momentum for the next 24 hours. The price is likely to accept the upper Bollinger band as a resistance line and the price may move in a consolidated movement with a slight indication of bullish momentum. Price volatility was very high at approximately 11.5%, with the day's range between $1759— $2006. Price at the time of publishing: $1986 ETH's market cap: $231.97 Billion However, the Indicator summary is giving a 'BUY' signal on ETHUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 6 are neutral and 3 are giving a BUY signal. Out of 15 Moving average indicators, 4 are giving a SELL signal, 1 is neutral and 10 are giving a BUY signal. Trading volume has been high in the last 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. Note: Above analysis would hold if we do not encounter a sudden jump in trade volume. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:ETHUSDLong
by Mudrex
4
MATIC’s fuel might not be over yet|Trade setup for 30% upmoveIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: As of now, MATIC jumped higher by approximately 21%. After a fiercely volatile selloff in the past few days, we are witnessing a trend reversal as MATIC made a decisive upswing with huge volumes. Market in the last 24hrs The last 24 hours were intensely volatile. After the decline to $0.62, the past 24 hours witnessed a major turnaround. It shot up more than 21%. Today’s Trend analysis MATIC has been until huge selling pressure lately. However, this does not undermine the potential of the coin with its several impactful project partnerships going on currently. If MATIC is able to breach the immediate resistance level with good volumes, we would have a nice trade setup with reward : risk ~~ 2:1 Price volatility remained extremely high at approximately 27.4%, with the day's range between $0.668 — $0.851. Price at the time of publishing: $0.834 MATIC's market cap: $5.33 Billion Out of 11 Oscillator indicators, 7 are neutral, 3 are bearish and 1 is bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 4 are bearish and 10 are bullish. Indicator summary is giving a ‘BUY’ signal on MATICUSD . Volumes have bumped up over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 24-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
MLong
by Mudrex
10
Bulls arrest the drop|However, this is NOT a bull run yet!If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: As of now, Bitcoin jumped higher by approximately 6%. We witnessed a consolidation and the spiking up of the MFI on the 4hr time-frame. It gave clear indications as to potential reversal for BTC. In our previous analysis on BTCUSD, we had correctly predicted that we might see a consolidation shortly. That is exactly what happened before the bulls pulled the market higher. Market in the last 24hrs The last 24 hours were intensely volatile. At some point, $28k was within touching distance for BTC. Today’s Trend analysis In the weekly timeframe, we can witness that the price declined on a week-on-week basis. However, the traded volumes declined linearly during the same time. In this 4hr timeframe analysis, we saw that volumes shot up as investors rushed to buy the dip. Although the market sentiments greatly improved after Bitcoin’s recovery, it cannot be termed as a bull market yet. BTC will likely face resistance around $32k in the near term. → In the short term, we can expect a rally till $32k. → On a long term horizon, the markets would be strongly bullish if BTC manages to surpass $45k. Price volatility remained high at approximately 7.11%, with the day's range between $29,500.00 — $31,600.00. Price at the time of publishing: $31,522.21 BTC's market cap: $591.67 Billion Out of 11 Oscillator indicators, 8 are neutral, none are bearish and 3 are bullish. Out of 15 Moving average indicators, 1 is 'NEUTRAL', 5 are bearish and 9 are bullish. Indicator summary is giving a ‘BUY’ signal on BTCUSD . Volumes have bumped up over the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4-hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- Keep supporting:) -Mudrex
BITSTAMP:BTCUSD
by Mudrex
21
XRP(4Hr) : XRP not willing to recoverMarket in the last 24hrs XRPUSD saw a consolidated movement with a slight indication of bearish momentum. The price moved slightly above the Bottom Bollinger band. Trading volume has been very in the last 24 hours but still, the price is moving in a consolidated manner suggesting unsurety among investors. Today’s Trend analysis Price is expected to continue to move in a consolidated movement till it reaches the middle Bollinger band after which if the price accepts it as a resistance line the consolidated movement will continue or else we may see some bullish momentum. Price volatility was extremely moderate at approximately 4.93%, with the day's range between $0.518 — $0.568. Price at the time of publishing: $0.532 XRP’s market cap: $24.6 Billion However, the Indicator summary is giving a 'SELL' signal on XRPUSD. Out of 11 Oscillator indicators, 1 is giving a SELL signal, 7 are neutral and 2 are giving a BUY signal. Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal. Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:XRPUSD
by Mudrex
9
ETH forming lower lows|Where is the bottom?If you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! Quick glance: ETH has been forming lower lows since the past 3 weeks. It is a bearish pattern. However, the price is currently at an interesting crossroad. ETH is at the sturdy support level that has been in place since March’21. Market in the last 24hrs ETH has been falling rapidly in the past 24 hours. Most Altcoins are inching closer towards the lower levels for the year. Today’s Trend analysis The next important support level is around $1620. Ether can be expected to consolidate over the next 24 hours. We might witness momentary spikes, but unless the traded volumes confirm it, these will likely be bull traps. Momentum is clearly bearish. Price volatility remained high at approximately 7.2%, with the day's range between $1717.17 — $1840.74 Price at the time of publishing: $1765.54 ETH's market cap: $205.34 Billion Out of 11 Oscillator indicators, 7 are neutral, 1 is bearish and 3 are bullish. Out of 15 Moving average indicators, 13 are 'NEUTRAL', 1 is bearish and 1 is bullish . Indicator summary is giving a 'SELL' signal on ETHUSD . Volumes have increased in the past 24 hours. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 24 hour candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ----------------------------------------------------------------------------------------
BITSTAMP:ETHUSD
by civilKitten60243
7