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bitcoin, cardano, crypto, etc, ethereum, ethereum classic, monero, neo, stellar, update -

Despite the recent bullish price action, the two largest coins have been struggling to get over the dominant broad declining trendline, and as the upside momentum faded away the majors turned lower in a concerted fashion today in early trading. The move warrants a more defensive position for short-term traders, but the long-term setup remains positive, and with the exception of the already slightly stretched coins, ETC, Monero, LTC, and Bitcoin, the pullback could be used to accumulate more coins. With the correction lows far below the current price levels in most cases, and several coins are still more than...

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bitcoin, ethereum, ethereum classic, recommendation, trader, trading, verge -

The Verge/Ethereum (XVG/ETH) pair ignited its uptrend on December 16, 2017 when it closed above resistance of 0.00006. The breakout attracted momentum players which pushed the market’s price to as high as 0.0004192 on December 23. At this price level, the market was in extreme overbought territory. Momentum players exploited the chance to take profits. Sponsored As the market succumbed to selling pressure, it went as low as 0.000114 on December 25. Although the pair bounced, it only reached 0.000333 on December 31, which is a bearish lower high setup. This was a signal that the market was losing its...

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analysis, bitcoin, btc, bullish, dash, etc, eth, ethereum, ethereum classic, iota, lite, litecoin, monero, neo, rally, ripple, technical, usdt, xmr, xrp -

As the correction in the cryptocurrency segment lost momentum during the weekend, several major coins started to show signs of accumulation, and today, a broad rally carried most of the top currencies well above the correction lows. While the sector is still not out of the woods, today’s advance confirmed the positive signs that we have been monitoring throughout the pullback. For now, there are still strong resistance zones ahead of the top coins and the broad declining trend is still intact in Bitcoin, Ethereum, Ripple, and most of the smaller altcoins as well. That said, we remain bullish regarding the...

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