Tag: support
XRP Faces “Max Pain” Zone: Is a Final Drop to $0.65 Coming First?
XRP bounces from $1.16 but remains below $1.56, showing short-term bullish momentum. MACD crossover confirms rising buying pressure, signaling potential relief rally or trend shift.…
Coinbase Adds Support for Circle Backed USDC Stablecoin
The largest US-based cryptocurrency exchange Coinbase announced support for the dollar-pegged stablecoin issued by Circle – USD//Coin (USDC). First Stablecoin Supported by Coinbase In an…
Bitcoin Threatening the 456 September-Low; Litecoin Stalls
Bitcoin remains bearish as we can see on the 4H chart. – The 200-, 100-, and 50-period simple moving averages (SMAs) are sloping down, in…
Bitcoin Tests Bullish Outlook; Litecoin Rallies Above Resistance
Bitcoin rallied from a low of 456.30 to begin the week to 492 before retreating. Note that this bullish attempt broke above a falling trendline…
Litecoin Awaits Breakout from Fractal Triangles
Litecoin is forming a descending triangle above last week’s inverted head and shoulders pattern. The 1H chart shows price holding support at 4.85, while the…
Bitcoin Threatening Bearish Continuation
Last week, bitcoin stopped a bearish attempt and consolidated between 470 and 490. The market pushed above this consolidation range at the end of the…
Bitcoin is Testing this Week’s Price Bottom
Bitcoin began the week bearish, falling from last week’s high of 534 to 470 this week. For most part of the week, price consolidated roughly…
Litecoin – Will it Confirm the Inverted Head and Shoulders?
Inverted Head and Shoulders Complete: During 9/3 and 9/4 session, litecoin was building an inverted head and shoulders pattern, which indicated that price was looking…
Bitcoin Breaks Above Consolidation; Resistance Factors Tested
Consolidation Breakout: Bitcoin fell from 523 last week to a low of 470 this week. After consolidating between 470 and 490 for a few sessions,…
