Tag Archives for " Swing "

The World’s Largest FX Exchange Hopes to Tame Bitcoin Volatility

Finance The Chicago Mercantile Exchange & Chicago Board of Trade otherwise known as CME Group announced its bitcoin futures specs this week. Alongside this, the Chairman Emeritus of CME Group, Leo Melamed, told press bitcoin is set to become a new asset class. Also Read: Bitspark Receives Investment From Fortune 500 Company CME Group Reveals Specs […]

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Bitcoin Cash Price Technical Analysis – BCH/USD Breaks Key Resistance

Key Points Bitcoin cash price is back in the bullish zone and is trading above $600 against the US Dollar. Yesterday’s highlighted connecting bearish trend line with resistance at $610 was broken on the hourly chart of BCH/USD (data feed from Kraken). The price might continue to move higher and trade towards the $640 and […]

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ALT COIN PRICES LOW BECAUSE OF INCREASED USD DEMAND

Increased USD demand is driving alt coin prices lower. From a technical point of view, our alt coin live charts hints of more bear pressure in the coming session especially in NEO. Let’s review alt coin price action: LSK ALT COIN PRICE CHART LSKUSD Daily Chart for 03.11.2017Taking a Top-down approach and you will notice […]

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Ethereum Classic Price Technical Analysis – ETC/USD’s Correction Underway

Key Highlights Ethereum classic price started a downside correction from the $11.00 swing high against the US Dollar. There is a crucial bullish trend line forming with support at $10.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken). On the upside, the pair is facing resistances near the $10.70 and $10.95 […]

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Ripple Price Technical Analysis – XRP/USD Extends Consolidation

Key Highlights Ripple price continues to trade in a range above the $0.1960 support against the US Dollar. Yesterday’s highlighted major channel with current support at $0.1965 is still active on the hourly chart of the XRP/USD pair (data source from Kraken). The price remains in a tight range and looking for the next move, […]

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USD BULL PRESSURE YIELDS MIXED SIGNALS

After yesterday’s close, most alt coin candlesticks closed as bears after sustained USD bull pressure. Alt coin prices are moving towards support today’s candlestick will likely determine our short term trend. Let’s review alt coin price action: ALT COIN LSK PRICE ACTION ANALYSIS LSKUSD Daily Chart for 01.11.2017After 24.10.2017 bullish thrust, alt coin LSK has […]

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Ripple Price Technical Analysis – XRP/USD Preparing for a Break

Key Highlights Ripple price is still above the all-important $0.1960-50 support area against the US Dollar. There is a bearish trend line forming with resistance at $0.2030 on the hourly chart of the XRP/USD pair (data source from Kraken). The price seems to be preparing for the next break either above $0.2050 or below $0.1960. […]

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Ripple Price Technical Analysis – XRP/USD Consolidating above $0.1950

Key Highlights Ripple price is holding an important support at $0.1950 against the US Dollar. There is a bearish trend line forming with resistance at $0.2050 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might break the $0.2050 resistance to trade towards the $0.2150 level in the near term. […]

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