After raising over $19.5 million dollars in their ICO in the span of 48 hours, Bluzelle (BLZ) is a rising blockchain start-up, with the mission of providing a service allowing users to rent out their extra storage space on their computer to other users. After its ICO, Bluzelle (BLZ) has quickly escalated to a market cap of over $100 million and beginning to...
EthereumClassic is currently consolidating in an ascending triangle formation. Technical indicators are turning bullish and momentum is increasing. A confirmed breakout of the 23 dollars resistance line with trending volume will allow ETC to reach new heights. If ETC fails to breakout of the ascending triangle, the next support line is indicated in red. Target...
On the fundamentals side, TRON is an emerging project with a strong core development team, along with a long term vision as depicted by their roadmap published on their website. Despite not yet being listed on major exchanges, TRX has seen a great surge in trading volume over the past weeks and have quickly gained market capitalization, from ranked over #100 to...
After gaining mainstream attention, Cardano (ADA) has seen unprecedented growth and has successfully reached a new all-time-high as previously projected. Now ADA has broken out of yet another bullish pennant and is looking to achieve higher growth. Cardano (ADA) is looking strong on both the fundamental and the technical perspective. One thing to keep in mind, as...
After an inevitable correction from the all time high in the area of 19800's (on Bittrex), Bitcoin was able to break the down trend resistance line (signaled in red), right on the beginning of Christmas Day. A new trending support line from the 12000 has formed (blue line), which will allow us to re-test the all time high once again. If Bitcoin is able to break...
XEM/BTC otherwise known as NEM/BTC has established a short term ascending triangle with considerable resistance at 3500. If the ascending channel does not break, New Economy Movement will transcend above this resistance line towards 4440. If a breakout on the ascending channel occurs, 5548 will be the next target level. Target: 4440 Second Target: 5548
After a successful run up from my previous analysis, Ethereum Classic is a dark horse in the cryptocurrency markets, staying off mainstream news media and gradually ascending towards all time highs. This is a projection of what I believe is a potential possibility in the coming weeks for Ethereum Classic. The first and second targets for this projection are listed...
After gaining mainstream media attention, MANA has gradually made its way into the top 100 coins by market cap, and now almost among the top 50. From the technical analysis standpoint, this is a crucial support line that has been intact for almost two-weeks, hence optimistically, I would expect a bounce off this support line towards a new all time high. However,...
This is a long term projection on NEO based on the previous parabolic growth seen in early August. Given the large amount of interest and demand surrounding this project, it is highly possible that we will see NEO reciprocate its parabolic growth. Target: $95
Through multiple attempts to breakout of its long consolidation inside of the ascending triangle, BCH has finally broken out of the resistance line with apparent volume. If you are looking to enter BCH, a strategic entry would be when BTC begins to fall or descend from a peak. Target: 2100 Time Frame: 5 Days
Lately, the influx of demand for bitcoin and other cryptocurrencies have allowed the total market capitalization of cryptocurrencies to surpass the $500 billion mark. With the increase in total market cap, large cap coins have seen a breakout of its own, leading to unprecedented gains and new all time highs, namely, LTC, DASH, XMR, XRP and now ETC. Ethereum...
ADA is currently forming a bullish pennant with consolidation around the 0.318 Fibonacci line from the previous high. A breakout of the pennant with trending volume will mean a swing up to 2500, the area to take profits. A breakdown of the pennant will mean a drop back to 800. Price Target: 2500 Re-entry at the 0.618 retracement at 1700.
After a short while of consolidation inside of the ascending triangle, Bitcoin is currently attempting to breakout. A confirmed breakout with trending volume will allow Bitcoin to reach a new all time high of $20,000. First Target: 20k
IOTA currently broke out from the consolidation inside the triangle with trending volume. Target: $7.00
With BTC correcting from its ATH, investors are taking profit and entering into the altcoin market. XMR demonstrates a bullish flag formation and is currently breaking out of the descending channel. Target: $328