CryptoBriefingTA

CryptoBriefingTA Oct 2, 2019

Stellar Lumen is attempting to build on recent trading gains, after the cryptocurrency recovered nearly thirty percent in value from the late-September market slump. However, both the four-hour and daily time frames currently warn that it may be too early to call a long-term bottom in the cryptocurrency. With the entire cryptocurrency market technically bearish...

CryptoBriefingTA Oct 1, 2019

EOS is holding onto its recent trading gains on the first trading day of October, with the seventh-largest cryptocurrency holding firm above the $3.00 level. The EOS / USD pair needs to rally above the $3.30 level to recover trading losses incurred during the month of September. Following a bullish breakout from a triangle pattern on the four-hour time frame, the...

CryptoBriefingTA Sep 30, 2019

Binance Coin remains under heavy downside pressure as the month of September ends, with the BNB / USD pair on course for a fourth consecutive month of trading losses. At current trading levels, the cryptocurrency trades down by over thirty-five percent on a monthly basis. With the entire digital currency market in decline, the path of least resistance is still to...

CryptoBriefingTA Sep 27, 2019

Ethereum has staged a minor recovery towards the $165.00 level after falling alongside the broader cryptocurrency market, as Bitcoin tumbled below the $8,000 support level on Thursday. The second largest cryptocurrency has so far found strong technical support from just above the $150.00 level. Technical analysis shows that the early week decline in the ETH / USD...

CryptoBriefingTA Sep 26, 2019

Bitcoin Cash is consolidating around its current monthly trading low after the cryptocurrency suffered losses of around twenty percent, following the heavy early week decline in the cryptocurrency market. The BCH / USD pair is now trading at its weakest level since April 2nd this year, with price probing a long-term trendline which could determine its fate going...

CryptoBriefingTA Sep 25, 2019

The cryptocurrency associated with Ripple has come under tremendous downside pressure alongside the broader cryptocurrency market, with the third-largest cryptocurrency by market capitalization declining to a fresh 2019 trading low. The XRP / USD pair also suffered its largest one-day decline since late-June this year. After performing a promising technical...

CryptoBriefingTA Sep 24, 2019

Basic Attention Token is back under downside pressure as the broader cryptocurrency market slides lower, leaving the BAT / USD pair in a vulnerable technical position. The cryptocurrency staged a powerful upside rally over the weekend, gaining around thirty percent in value from its September trading low. The latest sell-off in the cryptocurrency market has...

CryptoBriefingTA Sep 23, 2019

Waves a staged an impressive double-digit upside rally as the new trading week gets underway, leaving the cryptocurrency on course to post its largest daily advance since early July this year. The recent rally has also helped the WAVES / USD pair to break through a series of key short-term moving averages. After moving to a new all-time trading high in late 2018,...

CryptoBriefingTA Sep 20, 2019

Dash is on course to post strong double-digit gains this week as the popular cryptocurrency searches for a potential breakout move above the psychological $100.00 level, which could eventually propel the DASH / USD pair towards the $160.00 level. The cryptocurrency has been making major technical strides recently, and the DASH / USD pair is currently extending...

CryptoBriefingTA Sep 19, 2019

Bitcoin Cash is reversing course on Thursday after launching an explosive bullish rally towards the $335.00 resistance level earlier this week. An unexpected move lower in the broader cryptocurrency market has seen the BCH / USD pair pushed back towards the $300.00 level. Despite the pullback, the cryptocurrency is still showing signs that the recent recovery may...

CryptoBriefingTA Sep 18, 2019

XRP has finally made an upside recovery after spending close to five weeks trading under the psychological $0.3000 level. A broad-based rally in the altcoin space inspired the XRP / USD pair to move to its highest trading level since August 8th this year. The XRP / USD has so far found technical resistance from just before the $0.3150 level, with the...

CryptoBriefingTA Sep 17, 2019

VeChain is starting to attempt a short-term upside recovery after enduring eight consecutive weeks of heavy trading losses. The cryptocurrency briefly moved above its 200-period moving average on the four-hour time for the first time since early July, before being sold sharply lower. The VET / USD pair has been one of the worst affected cryptocurrencies by the...

CryptoBriefingTA Sep 16, 2019

Ethereum has made a much-awaited advance back towards the $200.00 resistance level, with the second-largest cryptocurrency reclaiming twenty percent of its value from the worst trading levels of August. More encouraging for Ethereum bulls is the fact that the cryptocurrency has now turned technically bullish over the short-term. Over the weekend, almost the...

CryptoBriefingTA Sep 13, 2019

Litecoin is still trapped within an incredibly narrow trading range, after a bullish rally failed to materialize. In fact, the cryptocurrency is trading in its tightest three-week trading band since March this year. An early week rally towards the $73.00 level failed to generate sustainable gains, with the LTC / USD pair soon slipping back under the $70.00...

CryptoBriefingTA Sep 12, 2019

Holo is attempting to stage a meaningful recovery above its 200-period moving average on the four-hour time frame for the first time since May this year. The besieged cryptocurrency has been on a one-way decline since late June this year, erasing a significant portion of its 2019 trading gains. The HOT / USD pair had an impressive start to the year, as it...

CryptoBriefingTA Sep 11, 2019

TRON has slipped back towards its monthly price open after giving back over five percent in gains since the start of the trading week. After falling to a new 2019 trading low last week, the TRX / USD pair had recovered over fifteen percent of its value, before finding strong technical resistance around the $0.016400 level. The TRX / USD pair has been one of the...

CryptoBriefingTA Sep 10, 2019

NEO is poised for a technical breakout in the near-term, as the popular cryptocurrency consolidates inside its tightest three-week trading range since March this year. The NEO / USD pair is currently trading at its weakest since May 2019 and is down over sixty percent from its yearly price peak, just above the $24.00 level. Despite reversing sharply from above...

CryptoBriefingTA Sep 9, 2019

Tezos is coming under pressure in early week trading after giving back its recent trading gains and falling by over ten percent from its current monthly trading high. Bulls failed to overcome the XTZ / USD pair’s 200-day moving average during the latest advance, causing bears to move in from the just below the 1.18 level. Tezos has been a notable underperformer...