Forecasts & Analysis | Cryptocurrencies, Page

Key HighlightsCardano’s ADA fell by 1.17% on Sunday, reversing Saturday’s 0.5% gain, to end the day at $0.1601.An intraday high $0.16444 fell short of the day’s first major resistance level at $0.1652, with a late in the day intraday low $0.16 holding above the first major support level at $0.1583.Failure

Bitcoin Cash Sees More RedBitcoin Cash slipped by 0.28% on Sunday, partially reversing Saturday’s 0.86% gain, to end the week down 9.35% to $846.7.An early bounce gave Bitcoin Cash some upward momentum through the morning, leading to an intraday high $863.1 before reversing, the day’s high having fallen short of

Bitcoin Cash Stays in the RedBitcoin Cash gained 0.86% on Saturday, partially reversing Friday’s 5.97% slide, to end the day at $849.1, the day’s gains leaving Bitcoin Cash down 9.1% for the week.An early move through to an intraday high $859.8 fell short of the day’s first major resistance level

ETH/USDEthereum markets fell against the US dollar again during the week, with a special emphasis on the Friday session as we lost over 5% during that day. However, when you look at the longer-term charts you can see that the $500 level has been somewhat important more than once. We

BTG/USDBitcoin Gold fell during the week, as we continue to see softness in this market. We have broken solidly below the $40 level and see this market as being one of the more toxic of the crypto currencies. At this point, I think that the $50 level is going to

BTC/USDBitcoin fell during the week, reaching down towards the $6000 level before bouncing to form a bit of a hammer. At this point, if we can break above the top of the hammer I would anticipate that the market could try to work its way towards the $8000 level. However,

ETH/USDAs stated in the paragraph above, the Ethereum markets tried to take out the $500 resistance barrier late on Thursday but gave back those gains on Friday do lose over 6% at the time of this video. The market looks likely to continue to attract sellers every time at rallies,

BTG/USDBitcoin Gold fell 2% during the day on Friday but continues to look very sideways more than anything else, which of course is a good sign considering how bad things had been. If we can turn around to break above the $35 level, we could run towards $38 after that,

BTC/USDBitcoin rallied late Thursday but gave back the gains on Friday as we continue to see sellers jump in on rallies. That has been the way forward for months now, and I don’t see that changing anytime soon. Currently, it looks as if there is a major amount of resistance

Bitcoin Cash Needs a BounceBitcoin Cash fell by 5.97% on Friday, reversing most of Thursday’s 6.21% gain, to end the week down 9.87% at $841.8.An intraday high $897.3 came at the very start of the day, as the bearish trend continued through the day, with Bitcoin Cash going through yet

Key HighlightsNEO gained 7.49% on Thursday, reversing most of Wednesday’s 7.76% slide, to end the day at $40.78.NEO’s intraday low $37.39, struck through the middle part of the day, held above the day’s first major support level at $35.3, supporting an afternoon rebound to $40 levels.An intraday high $41.98 saw

Bitcoin Cash Back in the RedBitcoin Cash gained 6.21% on Thursday, reversing Wednesday’s 3.02% fall, to end the day at $894.6.A choppy day saw Bitcoin Cash slide to an intraday low $826.6 in the early hours before breaking back through to $900 levels in the mid-afternoon, with Bitcoin Cash hitting

BTG/USDBitcoin Gold when sideways initially during the trading session on Thursday, reaching towards the 50 SMA. I think that the market acting the way it has towards that SMA is very interesting as the Bitcoin and the Ethereum markets both have done the same thing. I think that the market

BTC/USDBitcoin rallied a bit during the trading session on Thursday but found enough resistance at the 50 SMA to roll over again. The fact that we cannot hold gains shows just how bearish this market is and I think it will continue to be a “sell the rallies” type of

Key HighlightsMonero’s XMR slipped by 2.63% on Wednesday, following Tuesday’s 9.27% slide, to end the day at $121.61.A late morning slide saw Monero’s XMR tumble to an intraday low and new swing lo $102, with Monero’s XMR falling through the day’s first major support level at $117 and second major

Bitcoin Cash Finds SupportBitcoin Cash fell by 3.02% on Wednesday, following on from Tuesday’s 8.79% slide, to end the day at $842.A range bound start to the day saw Bitcoin Cash hit an intraday high $881.1 before the broad market sell-off resumed, the day’s high falling short of the first

ETH/USDThe Ethereum markets broke down a bit during the day on Wednesday, losing another 3% as I record this. I think that the market has plenty of resistance at the $500 level above, and I think if we can stay below that level, it’s likely that sellers will continue to

BTG/USDBitcoin Gold fell again during the trading session on Wednesday, losing over 3%. The market looks likely to continue to go down to the downside, perhaps reaching towards the $30 level next. I believe that the $36 level above is going to continue to offer a lot of resistance. If

BTC/USDThe Bitcoin markets have fallen again during the day on Wednesday, as we continue to see a major selloff in this pair. I think that the allure of Bitcoin continues to be tarnished, and I think now we are going to go looking at the $6000 level underneath which is

Key HighlightsNEM’s XEM slid by 7.51% on Tuesday, more than reversing Monday’s 2.71% gain, to end the day at $0.20395.An intraday high $0.22187 fell well short of the day’s first major resistance level at $0.2293 and the 23.6% FIB Retracement Level of 0.2684.An intraday low and new swing lo $0.20023