Topic: Daily price analysis BTC + ALTCOINS - page 5. (Read 3071 times)

Bitcoin Small Gains While Ethereum, Ripple, EOS, NEM Lose Momentum: Price Analysis, July 20



Bitcoin up, other cryptos down, those are the results of Thursday’s price fluctuations

Hello, everybody. This is Andrew Strogoff and we are going to take off again. Bitcoin is a single crypto from this five to make small gains in the past 24 hours. The others develop their corrections, which are even deeper than I thought previously.

However, as I can see now, the market is still bullish and once investors gain volumes, they will be able to make another bullish run towards new targets.

As for the news, there is still nothing to fuel trends, but I think I can share with you some interesting ideas. First, EOS has a confirmation of 2,822 transactions per second which is much higher than at Bitcoin and Ethereum networks. This figure surpasses even Ripple network results. It is to mention that transactions speed has reached 2,000 operations per second just a couple of days ago.

Another interesting news comes from WEX exchange. They have started to perform a repair works and suspended all withdrawals. The most interesting thing there is that WEX has higher cryptocurrency rates than other exchanges. BTC’s price, for example, was around $9,200 there but went downwards and reached $8,700.

Bitcoin (BTC/USD) crypto reserve currency feels well and targets new high, price analysis, July 20

I personally love to call Bitcoin a reserve crypto in this industry as it reminds me of USD in the world of fiat money. The majority of transactions is conducted in BTC and at the moment I see that investors are running from altcoins and fuel Bitcoin price.



Bitcoin has reached the support area at $7,341 on Thursday but failed to develop this correction and moved higher. I think that there are two reasons for that. The first one means that bulls have ended a correction and have started off for new tops. The second is that investors are running away from the altcoins via BTC/USD.

Anyway, I think that BTC/USD looks promising currently and I have some targets above current levels. As you can see, BTC price is above the ascending trend line meaning bulls have control over the market. My trading idea for the next couple of days looks the following: BTC/USD is likely to break through the resistance area at $7,565 and move higher targeting the next resistance at $7,734 where the green rocket is.

If any alternative scenario possible? I think yes, as we don’t know whether investors are running from altcoins or from the whole board of cryptocurrencies. We will see it soon.

Ethereum (ETH/USD) deeper correction is developing, price analysis, July 20

Ethereum loses momentum as we had a negative tendency in the past 24 hours. I’m far from thinking that this upside tendency that we have seen at the beginning of the week is done, but the correction seems to be deeper than predicted.



Ethereum has reached my targets at the beginning of this week, but then reversed and moved lower. The currency pair has reached the support area at $473.39 and seems to break through it. I think that the currency pair is able to reach another support area at $453.24 before going higher. However, this reverse may happen even before touching this level.

In my personal opinion, Ethereum has targets higher at $500.36 at least. However, ETH price will reach them in a couple of days. I am almost persuaded that this bullish holiday will go on. However, currently, it is hard to be 100 percent sure in this.

Ripple (XRP/USD) bears gain momentum, but bulls are still on guards, price analysis, July 20

Ripple develops its bearish correction as well. The currency pair reached my targets at the beginning of this week, but reversed later and moved lower. I’m far from thinking that this is the end for the bullish trend, however, I have an idea, that XRP price is likely to move a bit lower before taking off.



As far as you can see, I have set lower targets as compared to my previous review. It does not mean that I have changed my opinion, but I think we have to reach those targets first before going higher. I see no signals currently and I think it is time to pay more attention to the level.

My main trading idea is the following: I think Ripple is going to reach the support area at $0.4495 before going higher. I recommend, by the way, to pay attention to the situation when XRP price reaches this level. Any reversal price action signal like a hammer or engulfing (or even doji) will be good signs for bulls.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 20

I believe that day trading and daily analyses is for the guys who are just completely involved in the cryptocurrency trading process. I am literally don't having a lot of free time daily.

Bitcoin, Ethereum, Ripple, EOS, NEM Correction Needed Before Further Bullish Trend: Price Analysis, July 19



Bitcoin and altcoin bulls need more power, bears turn to take control

Hello, everybody! This is Andrew Strogoff and welcome to the trip to the world of cryptos and analysis. Today’s review is a weekly one and we are going to look through the daily charts and midterm tendencies.

The current situation on the cryptomarket is bullish I think as investors cling to Bitcoin and altcoins adding to their price and capitalization. Bitcoin and its rivals have started to grow last week and they look promising.

I would like to suggest a couple of news to you as I think they are interesting. The crypto market spreads its influence as more companies pay attention to Blockchain technology. Mastercard, for example, wins patent to conduct crypto transactions on bank cards.

Billionaire investor Marc Lasry sees big perspectives in Bitcoin and predicts that the price of the cryptocurrency is able to reach $40,000 in the nearest future.

Bitcoin (BTC/USD) the currency pair is ready for further growth, but correction comes first, price analysis, July 19

Bitcoin looks pretty good on the hourly chart. BTC price, as you may see is above the descending trend line and I am almost sure that BTC/USD is likely to develop its growth. Bulls look very strong. Bitcoin has started to grow last week but it is time for the currency to start a correction.



As far as you can see, the currency pair has broken $6,757 resistance area and is trading above $7,000 at the moment of writing. I think that this upside tendency is likely to develop in the nearest future, but I also suppose that further growth is impossible without a downside correction.

My main scenario looks the following. Bitcoin will decline towards the support area at $6,757 first. This is my target for the next week. Why do I have such an idea? If you pay attention to the marked area, you can see a clear Shooting Star candlestick pattern. What does it mean? It is a price action signal for a decline.

I also think that this temporary downside tendency will be broken at $6,757 as this is a strong level, which was tested from below several time before being broken. The next target is higher, but this is a matter of a couple of weeks I think.

Ethereum (ETH/USD) this rocket needs more fuel to fly, price analysis, July 19

ETH/USD started its upside tendency last week and I think the currency pair is going to develop it in the midterm. However, I also think that the fuel is needed for that as buyers are out of power currently. The currency pair looks very promising currently but ETH/USD is likely to go downwards first.



Ethereum has reached new local highs on the daily chart and failed to establish new lows. I see a good sign here as investors seem to be ready to change the situation. ETH/USD touched the resistance area at $495.89 on Tuesday but then retreated below it.

I think that this is logical and natural according to the technical analysis. The first target for the next week is the support area at $427.24. This support is strong as it resisted a couple of bearish attacks already. The next target for midterm lies above the current price at $569.72.

Ripple (XRP/USD) the fuse is lit, price analysis, July 19

Ripple, one of my favorite ones feels good as the currency pair started its growth last week and developed this upside tendency currently. Ripple looks very promising as other altcoins. However, this rocket needs fuel.



Let’s pay attention to the daily chart. What do you see there? I see a clear correction on the way. This is why I have drawn this orange line towards the support area at $0.4372. The currency pair has tested the resistance area at $0.4908 but failed to move higher. This indicates on the inability of bulls to develop the uptrend without the downside correction.

What is going to happen next? I see the following situation. XRP/USD is going to jump off the support area at $0.4372 and resume its uptrend. The rocket is likely to break through the resistance area at $0.4908 and fly higher to the sky.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 19

Bitcoin, Ethereum, Ripple, EOS, NEM Appetites Rising, Investors Rushing Into Coins: Price Analysis, July 18



Bitcoin and altcoin buyers smashed bears, coins make significant gains

Hey, mates. This is Andrew Strogoff again and today we are going to discuss Bitcoin and several altcoins. As you can see, the situation on the crypto market looks promising as many new investors have jumped into this leaving bullish train, which picks up speed and is almost ready to take investors to the moon.

I have thoroughly read the news but I found nothing that could be a reason for such a huge momentum. I think that the main reason for this growth is that investors are bored of this downtrend and want some money that they can make on the uptrend only. Anyway, I have prepared some interesting events for you to take a look through.

The first thing I want to share with you is the future appointment of new Goldman Sachs CEO David Solomon who is known for his positive attitude towards cryptos. Could this news be the reason for the current growth? I don’t think so, but what is clear is that this event may be the fuel for coins growth in the nearest future.

The other great news comes from China. This country is famous for its negative attitude towards cryptos but they are interested in Blockchain technologies. Beijing has registered six times more Blockchain companies in 2018 as compared to 2017. And now let’s get down to technical analysis, so fasten your seat belts as we are going to rock.

Bitcoin (BTC/USD) huge price gains, but still have some fuel to skyrocket, price analysis, July 18

Do you remember the last time Bitcoin added more than 10 percent in just 24 hours? I don’t but in fact, this is a good sign for the main crypto and the whole industry as the others will follow BTC/USD in this huge uptrend. The currency pair has done great work on Tuesday and reached my targets. Moreover, Bitcoin went even higher, bringing more profits to investors. Is that all? I don’t think so. I believe that the show will go on in the nearest future.



Well, mates, let’s see what’s going on the four-hour chart currently. I have put a green rocket there as I think that Bitcoin looks very promising. BTC/USD had no problems to surpass $7,000 on Tuesday and seems to have enough fuel to develop this progress in the nearest future.

As for my closest targets, I think Bitcoin is going to reach $7,734 in the nearest future. Why this level? I think that the volatility is going to decrease. Moreover, I suppose that BTC/USD is going to make a sort of a correction or better a consolidation before resuming its uptrend. There are no patterns currently but I don’t think they are needed in this situation. News that Bitcoin is alive, will bring more buyers than any of those technical tricks could do.

Ethereum (ETH/USD) Buterin’s brainchild is fit again, price analysis, July 18

Ethereum looks modest as compared to Bitcoin as it added less in the past 24 hours. However, I’m pleased with this growth. Look at this green flag on the four-hour chart. This was my target for Wednesday and we are there! However, I don’t think that bulls are going to hide now as they look like titans currently.



Do you see this green rocket on the four-hour chart? Oh yes, this is my new target for Wednesday-Thursday. I think we are going there currently, but I want you to be patient as ETH price may test $500.36 again before flying higher.

I see no clear patterns currently but I don’t think we need them. Bulls are playing their muscles and it seems that nothing can stop them now. My next target is at $540,69, but if the price goes even higher, I would be happier.

Ripple (XRP/USD) another great day for the promising coin, price analysis, July 18

Ripple makes new local highs and makes me happy again as my targets were reached on Wednesday. However, I think that this is not the end and XRP/USD is going to surprise us again. This small green flag is just an interim target for the currency pair.



XRP price stopped above the $0.5088 level. Ripple makes more than seven percent in the past 24 hours as bulls continue to build a strong support to the currency pair. Ripple skyrocketed already but still has fuel to do it again. I’m far from thinking that XRP/USD will develop its uptrend without a break but I think Ripple is very promising currently.

As for my targets, let’s look at the four chart to see them. There are no patterns currently and I think XRP price is going to retest this $0.5088 level from above to satisfy bears needs. However, I suppose XRP/USD is going to fly higher and reach $0.5444 in the nearest future.

The bears are smashed currently and have no control over the market. The only thing they can do currently is just to watch the train leaving their station.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 18

before its really thank you for you who provide information about daily price list about cryptocurrency.

hopefully you can use this website you can further improve his graphics and make his words to look simple, I will support it.

We are seeing some positive trend from this week and hopefully it wont fall to the the $5k bracket again as most of the predictions right now. The resistance is high and it is hard for the people who are trying to dump.

The market has been fluctuating strongly over the past few days, you can see that bitcoin prices are rising strongly and this has led to the price of altcoin is also recovering very strong, the market is starting to have Short-term recovery signals.

I think that in long term, bitcoin prices are still in the long-term downtrend and bitcoin prices will drop sharply at any time so be careful of any trading decisions.

Although the market is recovering in recent times, the price of the market in 2018 is hard to beat the price of the market in 2017. Bitcoin is the most valuable coin in the crypto market. But I guess the real value of Bitcoin is just $ 7000

I see you are actually going for a serious analysis of crypto markets and I respect that, because I usually try to do the same. The problem is that we just keep having so many "fake" traps that I really think there is a lot of manipulation going on. The trend is negative right now, and you can probably only play for short bounces.I really like your charting, very well explained. I also admire the posted analysis in your blog. I guess I need to condition my self to become half bull and half bear.

Bitcoin, Ethereum, Ripple, EOS, NEM Bulls Take Control, Significant Gains Across Board: Price Analysis, July 17



Bitcoin price, altcoins go up, bulls take control of the market again

Bitcoin price and the prices of altcoins developed their upside progress Monday. The currency pairs have had significant gains in the past 24 hours. A bullish mood is returning to the market which may result in higher prices.

In the news, the Shanghai Stock Exchange looks to introduce distributed ledger technology to improve the  security of trading operations. This will include registration procedures and other important factors.

Coinsuper crypto exchange made a significant step forward as this platform is among the most popular exchanges now. However, some experts accuse the exchange in fake trading volumes.

Bitcoin (BTC/USD) price analysis, July 17

More than five percent added in the past 24 hours. Bitcoin looks very bullish currently as the currency pair is close to July’s tops. We think that BTC/USD is likely to develop this positive tendency and establish new highs in the nearest future.



Bitcoin has reached our targets on Monday as BTC price had a significant momentum. BTC/USD has jumped over a couple of resistance levels including $6,510 and $6,701. This upside momentum is likely to continue on Tuesday.

As for the main scenario, we think that Bitcoin will develop its growth targeting the next resistance at $6,943. There are no signals currently, but the currency pair is above the support at $6,701 and still looks bullish.

However, if bulls will be unable to develop their progress, bears may start a correction targeting the support area at $6,510.

Ethereum (ETH/USD) price analysis, July 17

Ethereum has added more than seven percent in the past 24 hours. The bullish flag is done currently but it helped traders to make the right decision we hope. The currency pair is close to its July’s highs and we think ETH/USD is likely to develop this positive trend in the nearest future.



Ethereum has jumped over a couple of resistance areas including $453.24 and $473.39 and currently is above the last one. ETH/USD looks bullish and we think it is going to reach July’s highs within Tuesday-Wednesday.

The main scenario for today is bullish as well. Ethereum is likely to reach the next resistance area at $500.36. Buyers seem to dominate the market and are likely to develop their progress. However, if sellers take short-term control over the market, they will be able to start a correction towards the support area at $453.24.

Ripple (XRP/USD) price analysis, July 17

Ripple has reached the targets we have set on Monday. The currency pair added almost eight percent in the past 24 hours and looks very strong. Buyers have taken control over the market and drive XRP/USD higher targeting July’s highs.



Let’s have a closer look at the currency pair and the current situation. XRP/USD has passed two resistance areas at $0.4495 and $0.4744 already. Ripple is trading above the last one at the moment of writing. However, we think that XRP/USD looks very promising and is able to reach new tops.

The main scenario for Tuesday-Wednesday is growth towards the next resistance at $0.5088. We think that this target will be reached in the nearest future. There are no patterns currently, but XRP/USD looks very promising currently.

As for the alternative one, Ripple may decline towards the support area at $0.4495. However, sellers will have to jump over the closest support at $0.4744 in this case.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 17

Bitcoin, Ethereum, Ripple, EOS, NEM in Green, New Targets in Focus: Price Analysis, July 16



Bitcoin and altcoins develop their upside correction, new targets in focus

Bitcoin and the altcoins remained calm during the weekend as the volatility was low, cryptocurrencies still go towards their goals but without huge fluctuations.

Interesting news comes from the Bitcoin community where half of its Lightning Network capacity was reached by just one person. But overall the news background has been calm over the weekend as there were no events that are able to provoke significant volatility growth.

As most of the cryptos went slightly upwards, one of the second-tier coins has shown huge growth. KickCoin (KICK) shot up 21 percent as somebody is buying this coin big way. The company is hiring all over the globe now, with open positions including EOS developers (KICK is an ERC20 token so currently, it’s working on Ethereum).  Reportedly KickCoin may be listed on a large crypto exchange soon.

Bitcoin (BTC/USD) price analysis, July 16

Bitcoin has added less than two percent in the past 24 hours but looks bullish. BTC price went upwards during the weekend and continues its upside correction. BTC/USD failed to reach June lows and seems to target new tops.



The currency pair has tested $6,071 support area on Friday but retreated from there and went upwards later according to our forecasts. BTC/USD has successfully tested the resistance area at $6,329 and went above this level. The currency pair remains above in the moment of writing targeting the next resistance.

What is the main scenario for today? We stick to the same targets that we have established on Friday. BTC price can reach the next resistance area at $6,510 on Monday-Tuesday. However, if bears take control of the market, they will be able to break through the support area at $6,329 targeting the next support at $6,071. This scenario is less probable.

Ethereum (ETH/USD) price analysis, July 16

Ethereum has added almost three percent in the past 24 hours as the currency pair stopped to decline and started its bullish correction. ETH/USD failed to reach June lows and went upwards instead meaning bears are losing control over the market.



Ethereum tested $431.42 support area several times but failed to break through it. The currency pair went upwards during the weekend and reached our targets at $453.24. The currency pair is currently fluctuating close to this resistance.

We can see a bullish flag pattern forming on the four-hour chart. If it works, the currency pair will be able to jump over the resistance area at $453.42 and move higher, targeting new resistance at $473.39. This is the main scenario for today.

If buyers fail to drive the currency pair higher, we think ETH/USD will retreat towards the closest support area at $431.42 at least.

Ripple (XRP/USD) price analysis, July 16

Ripple has added less than two percent in the past 24 hours. The currency pair reached June lows on Friday but failed to establish new ones and reversed. The currency pair seems to develop its bullish correction in the moment of writing.



Ripple has tested the support area at $0.4232 but retreated from there. The currency pair went upwards and reached the first resistance area at $0.4495 during the weekend. XRP/USD stays close to this level in the moment of writing.

We can see a bullish flag pattern on the four-hour chart which forms below the resistance area at $0.4495. It may result in further growth towards the next resistance at $0.4744. This scenario is the most probable for Monday-Tuesday.

However, if bears regain control over the market, they will be able to push the currency pair lower targeting the support area at $0.4232.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 16

Looking at the btc charter it looks like we have 3 impulse waves down now so should expect a bit more of a correction at the very least

Most of the pumping time are always at the end of the year so hold your coins today in order to earn more profit and avoid selling your coins today because it will only make you lose more investments.

It looks like exchange coins are doing well as the market turns bearish, maybe it's a good idea to keep a track on Kucoin shares and binance token, as those have shown to resist the negative trend that we've seen for the past few days.

This is really good, I like this analysis

Wow, interesting, also checked article about Kelvin Blockchain, interesting project It is very flexible and adaptive, which makes it a perfect choice for implementation of the new blockchain projects and platforms.

Thank you for your report and chart. The bitcoin price is stable. But bitcoin and altcoin prices are dropping today

This is interesting I am investing in ICO, what about you guys? Recently found interesting ICO - https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a Project itself is flexible to implementing cryptographic algorithms which will make it one of the safest blockchains ever existed with 10+ signature available from the start.

Bitcoin, Ethereum, Ripple, EOS, NEM at Bearish Targets, U-Turn Nears: Price Analysis, July 13



Bitcoin and its rivals almost reached their lows, but U-turn is close

The cryptos from the top 20 developed their bearish tendencies and reached our targets that we have set previously. However, sellers are unable to push currencies lower and we can see that the major cryptos are ready for U-turn.

The majority of coins have almost reached their June lows, where huge support lies. However, sellers have no power to develop their progress as the prices retreated from there, staring a correction.

As for the interesting news, there are a couple of things we want to mention. The first one comes from China. The Yuan is no longer the major player in the cryptocurrency market as its volumes declined from 90 to one percent. However, this does not mean that Chinese traders and investors are no longer important players on the cryptomarket. They choose other ways to buy and sell cryptocurrencies.

Another interesting fact comes from the Bancor exchange, which is operational again after a pause, related to a hacker attack. They have already reached a $2.5 mln per day volume. However, the local coin still fails to reverse its tendency and remains red.

Bitcoin (BTC/USD) price analysis, July 13

The currency pair went downwards according to the bearish scenario but failed to reach June lows and makes a U-turn currently. Bitcoin losses for the last 24 hours are non-significant and BTC/USD shows signs of a correction.



Bitcoin has successfully broken through the support area at $6,329 in the past couple of days and moved lower. The currency pair reached $6,071 support area but BTC price retreated from there showing that bulls have prepared a very strong defensive line there.

There are no signals from price action neither from graphic patterns currently but we think that Bitcoin is going to start an upside correction at least which is able to become an uptrend in the future. The closest target for the growth is at $6,329. We think that BTC/USD aims at $6,510 in the next couple of days.

There is an alternative scenario as well, which is less probable at the moment. Bitcoin will test the support area at $6,071 and if successful, bears will push it lower.

Ethereum (ETH/USD) price analysis, July 13

Bears were trying to develop their progress in the past couple of days but had not enough power to do it. ETH price remained almost unchanged in the past 24 hours meaning the bulls have built a strong support line there.



Ethereum reached the support area at $417.28 but retreated from there. ETH price returned above the $31.42 line. The bearish flag worked, but we think that ETH/USD is going to start a correction in the nearest future.

We can see a bullish hammer on the four-hour chart and this is a strong signal. We think that ETH/USD is going to develop its upside tendency targeting the next resistance area at $453.24 at least. If bulls are successful, they will be able to develop their progress even higher.

A bearish scenario is less probable. However, let’s see what the sellers can do. Their first target is at the $417.28 support line. The next one lies lower at June lows.

Ripple (XRP/USD) price analysis, July 13

Ripple reached June lows and makes a U-turn there. The currency pair has lost less than one percent in the past 24 hours as its downside tendency slows down significantly. We think that bulls are now in the game and they are going to develop this upside correction in the nearest future.



Ripple has reached the support area at $0.4232, but bullish defensive lines were strong and the price retreated from there. Bulls are taking control over the market and drive the currency pair towards the resistance area at $0.4495.

There is no price action nor pattern signals, but it is almost clear that the buyers are going to test the resistance at $0.4495 in the nearest future and will target the next resistance at $0.4744 at least.

As for the alternative scenario, bears will be able to retest the support area at $0.4232 and push the currency pair lower. However, this one is less probable.

Take a look at EOS (EOS/USD) and NEM (XEM/USD) Price Analysis, July 13

I love those Fuck words on the chart looks like high risk position lol

Well i might say ,continue to make this analysis and helps people understand whats the real score of the market and what would they might react upon this flow .thanks for this one and looking for many of this