XRP Price Nears ABC Correction With Clear Targets For Buying

Bitcoin price has begun to slowly lose altitude below $580 (Bitstamp). As usual, exuberant buying continues at the wave top, so upward spikes may still form. Analysis looks for the initial confirmation of a downward price correction. As the OKCoin September futures contract opened today, price surged to near $616 in that chart. Although it was not a new futures high, it does speak of the bullish sentiment of traders with regards to the late-July reward-halving event. The other exchange charts remained subdued – most of them putting in a lower high for the day. We now keep an eye on price....

Bitcoin Price is in search of a value floor as it gears up for the descent to $200. The chart technicals are clear about the drop but leave us wondering if it will be the final low for this market cycle. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Price Analysis. Time of analysis: 12h30 UTC. Bitfinex 1-Hour Chart. Bitcoin price attempted a move higher during the Asian session but was rejected at by the descending Fibonacci fan line and adjacent 50% Fibonacci retracement level near $240. There move down, since, has been strong....

Ethereum Price Key Highlights. Ethereum price completed its correction as predicted in the previous article, bouncing off the 0.00260 area and heading back to its recent highs near 0.00290. A few technical indicators are suggesting that the climb could continue so the Fibonacci extension levels might serve as the next targets. Ethereum price is currently testing its previous highs but might be in for more gains past the 0.00300 handle if buying pressure is sustained. More Gains Possible? RSI is on the move up, which indicates that bulls are charging and might be strong enough to push....

After their falls, altcoin prices have stopped at Spring’s minimums. Brexit took place, and most world currencies underwent a fall, and have also stopped at minimums established in Spring 2016. Is there a connection, or is this just a coincidence? Brexit as a reason for the upward dollar trend to continue. Last Friday, June 24 the UK finally said goodbye to the European Union. As a consequence, most of the world currencies have significantly dropped in relation to the dollar. In our previous analysis we reported that most currencies have reached their minimal long-term correction targets.....

The Cardano price action has continued to stall below the $1 mark in light of corrections in the past seven days. This correction, which played out across the entire crypto industry, saw Cardano break below the $1 mark again on December 18%.  Although the broader trend suggests a possible move on the weekly timeframe towards a new all-time high (ATH), recent technical analysis on TradingView has opened up the possibility for a continued correction towards $0.43 before another strong upward move. Current Price Movements Highlight Resistance And Cooling Period According to technical analysis....