Since the last price analysis that was performed was dedicated toward providing insight into Bitcoin’s long-term prospects, we’re going to go ahead and take a look at its short-term prospects today (October 25th, 2018) and in the next few days as well. Forgive the messy chart above, if you can. But here we can see a mapped out chart that shows all of the...
This piece is a review on one of the most anticipated mainnet releases of the year, Zilliqa. Here, we’ll be covering how it may be a contender for ‘steal of the year’, in terms of price action. At first glance, it looks almost as if the price is beginning to bottom out to a certain extent. But is it really though? That’s the question. Let’s zoom in a bit...
As noted by myself (author) numerous times, Siacoin is probably one of, if not the most manipulated cryptocurrency out of them all in the cryptosphere. However, that does not mean that it does not represent some lucrative buying opportunities. In this piece we’re going to attempt to dissect whether now is one of those buying opportunities. Siacoin Price...
There have been a few noteworthy events on the Cardano protocol as of late, so let’s take a look at some of them to get a better gauge on what’s going on in terms of its price action. In the picture above, we can see a heavy downtrend resistance point for $ADA (Cardano). It appears that the price on the daily is nudging right against that line. Let’s pan...
Straight away, the first thing that’s worth looking at is the daily view to see if the alleged symmetrical triangle pattern is holding up: In the picture above, we can see what appears to be a symmetrical triangle pattern formation. Now, Let’s Take a Look at Bitcoin Again The first characteristic worth noting on this chart, however, is the fact that...
After making the bold (and nearly 100% accurate) claim that Ripple would backslide by nearly 20% in value, this article shall serve as a follow-up of sorts to that claim in order to attest to its veracity (or lack thereof). The claim in specific has been successfully archived on TradingView here: Thus far, Ripple is down 14% from the price that it was when...
For those that were fortunate enough to read the exclusive news release attesting to the fact that Coinbase has officially added $ZRX into its API, you’ll probably be anticipating a price analysis on what’s going on. "Is it going to pump from here?" "Are the gains already priced in for $ZRX at this point?" "What is the maximum R/R for this trade if I enter...
$EOS is a coin that we have not frequently covered, so we’re going to go ahead and do so in as comprehensive a manner as possible in this price analysis article here. $EOS Price Analysis Rather than wasting time, let’s just get right to it. In the picture that you see above, we see a potential for the confirmation of this downtrend line. In the above...
For those that have been following the price articles that have been put out in recent times, the recent downturn in price is something that was anticipated a few days ago: Currently, the price of $XRP is down -10% for this period. So, what’s going on? We’ll review below. $XRP Ripple Price Analysis For this price analysis, we’re going to look at the USD...
It’s been a while since we’ve covered the price of Monero, so what better time to do so than now? Specifically, we will be looking at the $XMR/USD chart pairing after doing a little bit of fundamental analysis first. Monero Technical Price Analysis on the USD Pairing To get a better idea of price action, its best that we revisit our charts on the daily...
Based on the price action that can be seen for the price of Bitcoin, it appears as though the price action will continue over the next few days. The author surmises this for a few reasons: 1. The price action reflects a steady, yet increased growth trend. 2. The RSI is still strong (yes, this is a reliable indicator of what’s going to happen) 3. The potential...
Given the ‘limbo’ that the price of Bitcoin has been in, in recent days, it only makes sense that we follow up on its price to examine what we can expect from this point going forward. Double-Bottom Formation As noted in our prior analysis, the primary pattern that we observed developing was the ‘double-bottom chart pattern’. www.tradingview.com The...
At the time of writing, it appears that Litecoin has finally gained some level of momentum in the markets after consolidating for a number of days. This is notable because, among its peers (other coins in the T10), Litecoin has been posting a solid performance. This is reflected in the chart below, which provides a comparison among the coins; Litecoin, Ethereum,...
As many may have noticed, the price of $XLM soared over the last few days. Fortunately, this was an event that was accurately predicted by the Zero_n0ncense brand (among dozens of others over the last few weeks and months): Stellar Lumens Price Analysis In the picture above, you can spot the support points that were created by the Moving Fibs (custom)...
Given the wild and astronomic price increase for the $XRP token over the last few days, it seems more appropriate now more than it ever has been to cover its future price action. In the picture above, the lower support point was drawn days before based on $XRP’s prior price action on higher time frames when it was initially bursting through the seams. From...
As one of the more volatile members of the T10 cryptocurrencies, Ethereum is something that mandates special attention for traders that dare to venture into the land of the ‘unknown’. Ethereum Price Analysis The picture above shows Ethereum on the H2 chart (H2 = 2-Hour Time Chart). As you can see above, the translucent boxes show that the uptrend line...
This Bitcoin Price Analysis will feature a few revelations that were not contained in the prior versions. Please note that this is not financial advice, nor should it be construed as such. These are merely ideas. From the first picture, it should be immediately apparent that there is a Double-Bottom Chart Pattern Formation that has formulated on Bitcoin on...
Foreword Given Monero’s bullish price action as of late, it has received a slew of attention around the crypto community for its stellar performance. Therefore, we’re going to go ahead and cover the coin again to see what’s happened since we last took a look at it. Monero Price Analysis The chart above displays the XMR/BTC pairing on the H4. The second...