Mr_Wogbe_Alex

Mr_Wogbe_Alex

Ripple continues above its recently acquired ascending trendline and could maintain this position in the coming weeks. With the relative absence of trading volume in the market, XRP lacks any bullish coordination to push above the $0.3500 mark. That said, I foresee the ongoing sideways pattern persistence into the middle of July before any meaningful bullish...

Mr_Wogbe_Alex

Chainlink continues to maintain a pass-and-play (choppy) momentum between the $7.3 resistance and $6 base. Currently, bears have initiated a push for the $6 base after a prolonged inability to take the $7.3 mark over the last weekend. That said, we should expect a bullish rebound anywhere near the $6 mark, back to the $7.3 top, as the choppiness is expected to...

Mr_Wogbe_Alex

Ripple maintained a downward momentum over the weekend but retained its spot above the $0.3500 support, indicating a decent bullish presence at that level. At the American session open today, XRP fell to the $0.3500 base, where it currently sits, amid a bearish open on Wall Street. Regardless, the price remained firmly atop this level thanks to solid support from...

Mr_Wogbe_Alex

As the days go by, a bearish flag pattern becomes clearer for Cardano, which currently trades a few points below the $0.500 level. That said, a bearish dump could materialize in the coming days or when ADA taps the $0.535 top. In the meantime, we should see a 10% bullish move play out in the coming hours or days, creating a bullish window for buyers as well as a...

Mr_Wogbe_Alex

Shiba Inu enjoyed a near 50% rally yesterday after tapping the $0.0000120 level for the first time since May 31. However, the meme token lacked the composure to sustain this rally and recorded a reversal near the $0.0000090, where it found some support from the 4-hour 100 EMA. SHIB currently sits atop the $0.0000100 mark as the remaining bulls try to push it...

Mr_Wogbe_Alex

Despite all the “noise” in the crypto market, XRP has managed to remain stable within the $0.3500 - $0.3000 price range as the Ripple community focuses on developments from the ongoing lawsuit with the SEC. That said, I do not expect any erratic moves in the near term for this cryptocurrency. However, we could see a mild push towards the $0.3500 top again,...

Mr_Wogbe_Alex

Bitcoin maintained a mild upward momentum over the past 48 hours as the flagship cryptocurrency breached the $21,000 resistance. The cryptocurrency also defied the overbought indication on the stochastic tool, pushing for some more bullish recovery. As highlighted on my 4-hour chart, Bitcoin’s bullish momentum is accentuated by a short-term trend line, which...

Mr_Wogbe_Alex

Dogecoin defended the $0.0500 support aggressively over the weekend as other cryptocurrencies crashed out after recording double-digit declines. The meme token currently trades around the $0.0600 level amid stable trading conditions on Monday. The flagship meme coin could attack the $0.1000 psychological point (also the top of the descending channel) over the...

Mr_Wogbe_Alex

The road ahead remains bumpy for Bitcoin as the benchmark cryptocurrency continues to flirt with the $20K region. At this point, the technicals appear to have taken the passenger seat in the price development around BTC, as macroeconomic factors take control of market dynamics. Regardless, the $20K level remains a critical blockade against further price...

Mr_Wogbe_Alex

Cardano tapped a five-week on Monday after dropping from the $0.650 axis towards the $0.400 support base. However, the cryptocurrency has regained a slight upward momentum as it moves to close its second bullish daily session for the first time since early June. With the uncertainty of the US Fed interest rate decision out of the way, we could see some fiery...

Mr_Wogbe_Alex

Bitcoin cannot seem to catch a break as bears deal another devastating blow to the benchmark cryptocurrency. BTC slumped to the $20,800 low in the Asian session today, triggering massive liquidations across the market. The price appears to have stabilized above the $22,000 mark as the flagship cryptocurrency eases out of overheated conditions. This should give...

Mr_Wogbe_Alex

CEL tumbled by over 82% over the past 24 hours, falling from the $0.500 top to the $0.090 low yesterday. The lending protocol crypto has now tapped its lowest point on record. The emerging developments triggered a market-wide liquidation, with the total crypto market valuation shedding over 12% in the last 24 hours. Notably, trading conditions are still not in...

Mr_Wogbe_Alex

The floor caved under Bitcoin over the weekend, as the benchmark cryptocurrency raced towards the $27K low. This comes as inflation fears spark panic among investors, causing them to seek cover in safer assets. The flagship cryptocurrency currently trades around the $27.6K level after rebounding from its revisit to the May 12 low. We could see additional bullish...

Mr_Wogbe_Alex

Cardano is on a charge towards $0.700 on Wednesday as bullish sentiments ripple through the market ahead of the Vasil hard fork and recent IOHK announcement. Interestingly, the $0.700 barrier is where my long-lasting channel top resides, making this level a critical near-term barrier for ADA. However, a sustained push beyond that resistance zone appears...

Mr_Wogbe_Alex

As mentioned earlier, Bitcoin suffered another sharp rejection near the $32K in an all too familiar false breakout. However, the price rejection got repelled by the $29.5K support level, which prevented a sustained correction and stabilized the price after the dip. That said, BTC is not out of the woods yet as analysts expect a dramatic slump in the coming days,...

Mr_Wogbe_Alex

Bitcoin has suffered another false breakout near $32,000, triggering a market-wide liquidation as it fell by over 6%. The cryptocurrency has since regained stability under $30,000, as it returned its month-long range between $30,300 and $28,700. Notably, the 4-hour stochastic indicator shows that the bearish slowdown occurred as BTC hit sub-neutral levels. This...

Mr_Wogbe_Alex

The fall recorded in BTC over the last 24 hours has erased most of the gains gathered this week. However, there is good reason to believe that the price drop was simply a rejection from the $32,000 resistance line and not a bearish resumption. That said, BTC should attempt a bullish comeback in the coming hours and days to the $32,000 level, where we could...

Mr_Wogbe_Alex

Tron retraced from the $0.0830 barrier on Wednesday as the broader crypto market took a bearish turn in the London session. The thirteenth-largest cryptocurrency has now fallen to the $0.0800 support line. While the overall bias behind TRX is bullish, we could see a bearish decline below the $0.0800 level in the near term, albeit a likely brief one. This is due...