Technical Analysis

Yesterday the ETH USD pair rallied above the $138 resistance levels to reach its new highs near 148$ where the bearish reaction was triggered. Currently trading at 144$, ETH USD pair is facing heavy resistance near 148$. If bears continue to gain strength, they may try to push it further...

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  • February 19, 2019

Last week, we saw an upward move in BTC price breaking the $3,500 resistance levels to give a new yearly high at $3,710. A break just above the 50% Fib retracement level from the previous wave low at $3,350. Majority of the cryptocurrencies experienced a double-digit gain, however, Stellar remained...

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  • February 15, 2019

BTC Support level: Last week on Friday, we saw an upward move in BTC price breaking the $3,500 resistance levels to give a new yearly high at $3,710. A break just above the 50% Fib retracement level from the previous wave low at $3,350. At the moment, the $3,585 level...

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  • February 11, 2019

Yesterday we saw a downside reaction in ETH price below the previous support level of 105$. Based on the hourly chart analysis, the RSI is nearing towards the over-bought range and may trigger a short term sell-off near the range of 105$. From the daily RSI level, ETH is nearing...

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  • February 7, 2019

Bitcoin network valuation compared to last week, Top 100 richest Bitcoin wallets continue to increase their holdings approx. 140+Million$ price worth of Bitcoin added since last week. 0.44% growth in active wallets. Better compared to last week stats, still not a clear indicator of trend reversal anytime soon. The 90-day...

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  • February 4, 2019

Bitcoin support level continues to break and remains highly unpredictable. There are no takers for Bitcoin despite a huge fall from its peak 20,000$ to 3,400$. Maybe investors are moving money back to traditional safe-haven ‘gold’ or believe that blockchain “is no better than excel spreadsheet”. The following article lays...

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  • January 29, 2019