Forecasts & Analysis | Cryptocurrencies, Page 2

Monero’s XMR was on the move early. A move back through to $86 levels would bring the major resistance levels into play.

A mixed start to the day saw the majors attempt to avoid another sell-off. Moves through the late morning will be key…

The Chainalysis data showed that for the period from January to April, 89.7% of all activity in the Bitcoin ecosystem are transactions in the direction of crypto exchanges.

Stellar’s Lumen joins the rest of the pack in the red in the early hours. A move back through to $0.13 levels would signal a recovery of Monday’s losses.

The majors took a hit on Monday and will need to recover early losses to avoid another sell-off on the day.

NEM’s XEM slides deep into the red as a mid-morning sell-off hits the majors. A move back through to $0.093 levels would signal a rebound.

The bears take a mid-morning bite to leave the majors in the red early on.

Bitcoin Cash ABC leads the trio early on. Is a weekend rally about to kick in?

It’s a mixed start to the day for the majors. A move back through morning highs would signal a bullish start to the month.

A mixed start to the day could test investor resilience. Barring another crypto meltdown, support at $0.080 should limit the downside on the day.

The majors see red in the early part of the day A move back through the morning highs could be a signal of a recovery from Thursday’s losses.

NEO is on the move early. A hold onto $14 levels would be needed to take a run at the resistance levels. $15 may be a step too far, however…

The majors are on the move as the bulls look to round off the month on a high. A move back through the early highs would support further upside.

It’s bearish early on, with the broader market seeing red. A move back through to $168 levels would signal another rally…

It’s a bearish start to the day. A move back through to key levels would be needed for the majors to add to the current month gains.

Bitcoin is positioned to remain a major talking point across financial markets this week after jumping as much as 10% yesterday to almost $9000.

Monero’s XMR finds support early but would need to move back through to $98.8 levels to support a run at $100 levels.

It’s a choppy start to the day with the majors under pressure early on. A move back through to key levels would be needed for a rebound.

Stellar’s Lumen sees red early and will need support from the broader market to recover early losses. Steering clear of $0.1310 levels will be key.

It’s a choppy start to the day, but the bulls have the momentum after Sunday’s afternoon rebound…