XRP At $0.31, Will It Climb On The Upside?
XRP was consolidating between $0.24 and $0.33 for the last one week. The altcoin registered an upside over the last 24 hours. XRP registered demand which caused the coin to witness recovery on its chart. The cryptocurrency market also registered an overall rise in prices as buyers were slowly re-entering the market. The broader market despite increase in price is still in a fragile, hence it is difficult to ascertain whether XRP will continue its bullish stride in the long term. At the current moment, XRP has secured the support level of $0.30. As price of XRP has constantly seen....
Related News
Bitcoin price followed through with its consolidation breakout and sustained its climb. Bitcoin Price Key Highlights. Following the recent upside breakout from the symmetrical triangle pattern, bitcoin price continued to climb as predicted in the earlier post. Price has now made its way to the triangle highs around $780 and is showing increased buying pressure to form new highs. Technical indicators are giving mixed signals at the moment, but it looks like the odds are in favor of more bullish action. Technical Indicators Signals. The 100 SMA is above the 200 SMA so the path of least....
e bullsBitcoin Price Key Highlights. Following an upside break from its triangle consolidation pattern last week, bitcoin price made a sustained climb to an area of interest. A bullish flag pattern formed right on the support-turned-resistance area and now bitcoin price has broken through that ceiling again. Bitcoin price could be eyeing more gains from here, as the upside flag breakout reflected stronger bullish momentum. Where to Next? Bitcoin price might have its sights set on this month's highs near the $500 mark, as the average directional index is showing trending market conditions.....
Bitcoin price had a volatile run but remains stuck inside its short-term range. Bitcoin Price Key Highlights. Bitcoin price volatility picked up recently but it was unable to bust out of its range. Both bulls and bears attempted for a breakout but the cryptocurrency is still trapped between support at $658 and resistance at $670. Technical indicators are suggesting that the longer-term climb could carry on and that another upside breakout attempt could take place. Technical Indicators Signals. The 100 SMA is still above the longer-term 200 SMA, which means that the path of least resistance....
Key Bitcoin Price Outlook The bitcoin price briefly surged above $61,000 on Tuesday. The climb surfaced as a part of an upside weekly session, as traders’ appetite for safe-havens surged ahead of key US inflation data. Technically, the cryptocurrency shied away from confirming a price breakout to the upside. Bitcoin rallied above $61,000 on Tuesday. The flagship cryptocurrency’s upside move was brief but left traders more confident about extended gains. Changpeng Zhao, the CEO of […]
Bitcoin price is enjoying stronger bullish pressure that’s pushing it up on a much steeper climb lately. Bitcoin Price Key Highlights. Bitcoin price has been making one upside breakout after another, indicating the presence of strong bullish momentum. A steeper rising trend line can be drawn to connect the latest lows of price action on the 1-hour time frame. Price could be in for a shallow pullback to this rising trend line or a larger correction to the nearby area of interest. Technical Indicators Signals. The 100 SMA is safely above the longer-term 200 SMA so the path of least....