CryptoBriefingTA

CryptoBriefingTA

Ethereum is consolidating above the $180.00 level after the second largest cryptocurrency by market capitalization pulled back from just below the $200.00 resistance level earlier this week. Last week’s powerful rally has helped to secure the short-term prospects for the ETH / USD pair, with the cryptocurrency moving above all its key short-term moving averages...

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Litecoin received a much-needed reprieve on the cryptocurrency market last week, when the broader market rally saved the LTC / USD pair from a worsening decline below the $50.00 level. The recent bounce-back in the LTC / USD pair has so far found resistance from just above the $60.00 level, which coincides with the Litecoin’s 50-day moving average. Last week’s...

CryptoBriefingTA

EOS is attempting to recover recent losses, after the cryptocurrency fell to its weakest trading level since September 24th earlier this week. The EOS / USD pair has now recovered close to nine percent in value since falling towards the $2.54 level. The EOS / USD pair is one of the select few cryptocurrencies that has been able to stage a decent recovery since...

CryptoBriefingTA

Chainlink is holding onto recent trading gains as the cryptocurrency continues to buck the bearish trend currently sweeping through the broader digital currency market. The LINK / USD pair is one of the few digital assets inside the top fifty by market cap that is still technically bullish over both the short and the medium-term. The cryptocurrency trades around...

CryptoBriefingTA

Ethereum is back under heavy downside pressure after the second-largest cryptocurrency by market capitalization suffered a heavy technical rejection from just below the $200.00 level earlier this month. According to short-term technical analysis, the ETH / USD pair is at serious risk of incurring further losses while trading below the important $168.00 support...

CryptoBriefingTA

THETA is on the rise in early week trading, as the increasingly popular cryptocurrency attempts to stage a bullish breakout above its key short-term moving averages. The THETA / USD pair is now showing signs of price stabilization after coming under intense selling pressure over the summer. THETA has so far recovered close to thirteen percent in value from the...

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Bitcoin Cash has moved away from the worst levels of the trading month, with the cryptocurrency now trapped in a period of sideways consolidation around its monthly opening price. A run-up in price to $232.64 over the last few hours, however, has begun to indicate that a breakout could be imminent. The BCH / USD pair is still technically bearish over both the...

CryptoBriefingTA

Nano is coming back under downside pressure towards the $0.800000 level, with the cryptocurrency eroding over fifteen percent of its early-month gains. Up until October 16th, the NANO / USD pair had been one of the top performing cryptocurrencies, following a strong double-digit rally which added over thirty percent to its trading value. The path ahead for the...

CryptoBriefingTA

After celebrating its eighth birthday, Litecoin is back under heavy downside pressure towards the $50.00 level, after the fifth-largest cryptocurrency failed to gain momentum above the $60.00 level earlier this month. Both short and medium-term technical analysis shows that a breakout under the $50.00 level would be extremely bearish for the LTC / USD pair. The...

CryptoBriefingTA

Cosmos is staging a minor technical correction on Wednesday, after the popular cryptocurrency turned lower alongside the broader market. After coming under pressure towards the September price close, the ATOM / USD pair recently rallied to its highest trading level since September 21st. Both short and medium-term technical analysis is currently showing that the...

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Waves is showing signs of possible price stabilization, as the cryptocurrency attempts to break its multi-month losing streak. The WAVES / USD pair is currently trading close to five percent higher on a monthly basis, as bulls attempt a potential breakout above its 50-period moving average on the four-hour time frame. Calling a potential medium-term bottom in the...

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Ripple is on the rise, after the third-largest digital asset found strong dip-buying demand from the $0.2650 level last week. The cryptocurrency has been gradually gaining bullish momentum, since recovering from the $0.2140 level last month. The sharp rebound from the $0.2130 level, coupled with an emerging bullish pattern on the four-hour time frame suggests...

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Ravencoin has undergone a bearish reversal after rallying to its highest trading level since late August. The RVN / USD pair has given back around ten percent of its trading value as the broader cryptocurrency market comes under pressure. The RVN / USD pair has been one of the top performing digital assets inside the top 50 this month, with the cryptocurrency...

CryptoBriefingTA

Binance Coin is on the rise, after the cryptocurrency staged a powerful double-digit rally alongside the recent recovery in the broader cryptocurrency market. The BNB / USD pair is now trading at its highest level since September 24th this year, with the cryptocurrency adding around twenty percent to its value since the October monthly price open. The recent...

CryptoBriefingTA

Cardano is attempting to stage a short-term upside recovery, as a much-needed rally across the broader digital currency market helped to boost the embattled cryptocurrency. The ADA / USD pair has been one of the worst-performing digital assets over the last few months, with the cryptocurrency losing over 60% from its 2019 price peak and falling outside the top 10...

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With many digital assets recently turning technically bearish and remaining under downside pressure, RIF Token, which focuses on bringing smart contracts to the Bitcoin blockchain, shows strong near-term upside potential over the medium-term and is also holding firm above its key short-term moving averages. The cryptocurrency recently broke above its long-term...

CryptoBriefingTA

Ethereum is back under downside pressure after the second-largest cryptocurrency failed to find meaningful buying interest above the $180.00 level as the early week rally fizzled-out. The cryptocurrency is currently trading back towards its monthly price open, leaving the ETH / USD pair at risk of declining back towards the $150.00 level. A break below the...

CryptoBriefingTA

Chainlink is continuing its early-month rally, with the cryptocurrency fully eroding its September trading losses. The LINK / USD pair is also one of the few cryptocurrencies in the top twenty by market cap that is trading above its key 200-day moving average. In percentage terms the LINK / USD pair has gained close to thirteen percent since the start of the new...