XRP Bulls Fight Back—Is a Major Move Coming?
XRP price started a fresh decline below the $2.080 zone. The price is now recovering some losses and might face hurdles near the $2.150 level. XRP price started a fresh decline after it failed to clear the $2.20 resistance zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it fails to clear the $2.150 resistance zone. XRP Price Faces Resistance XRP price failed to continue higher above....
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Litecoin price continued to weaken this past week. Now, now it looks like if the bulls fail once again, then a move towards $2.50 is likely. Intraday Support Level can be $3.00. Intraday Resistance Level may be $3.45. Litecoin has been traded at a lower price this past week and tested the $2.90 support area where the buyers found hard to prevent the downside move. It is important to note that the $3.00-2.90 area acted as a major support earlier, and it holds a lot of importance for the price in the days to come. There is clearly a monster contracting triangle pattern forming on the daily....
BNB price gained momentum and climbed above the $250 resistance. It is up over 5% and the bulls could soon aim for a move toward the $300 level. BNB price is moving higher above the $250 resistance. The price is now trading above $255 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support at $253.5 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move up if there is a clear move above $268. BNB Price Jumps 8% These past few days, BNB price remained stable above the $240 resistance. The bulls....