Ripple (XRP) Due For Further Downside Before Swift Recovery By Year End

Ripple (XRP) dropped below $0.30 today after facing rejection at the 5 Day EMA. The price has declined aggressively since mid November but there is still room for further downside....

Bitcoin (BTC) Likely To Test $3,000 Before Expected Trend Reversal

Bitcoin (BTC) is likely to fall to $3,000 before the long expected trend reversal. The probability of that happening now is higher than ever considering the price as run into...

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Ethereum Classic (ETC) Risks Further Sell Off After Rejection At 10 Day EMA

Ethereum Classic risks further downside despite being down significantly from its all time high. Contrary to popular sentiment, ETC/USD declined below $5 and continued its fall all the way towards...

Litecoin (LTC) Determined To Retest $50 But Not Before Further Downside

Litecoin (LTC) is due for a correction to the upside after a strong fall that followed a break of market structure. As the LTC/USD daily chart shows, Litecoin (LTC) failed...

Ethereum (ETH) Bears Lose Impetus As Bulls Step In To Push For Reversal

Ethereum (ETH) bears are losing momentum as the bulls step in to push for a reversal. This week, the number of shorts reached an all time high. The last time...

Bitcoin (BTC)’s Swift Recovery Towards $6,000 And The Inevitable Short Squeeze

Bitcoin (BTC) is due for a swift recovery towards $6,000 as long as it closes the current weekly candle above trend line support. RSI for BTC/USD points to a similar...

Ethereum Classic (ETC) Technicals Point To Massive Growth In Upcoming Months

Ethereum Classic (ETC) just fell to a new yearly low in the wake of another market crash. ETC/USD has broken several supports and market structures over the past few weeks....

Ripple (XRP) Finds Strong Support At Historical Trend Line

Ripple (XRP) has finally found its strongest support in months. The weekly chart for XRP/USD shows Ripple (XRP) bouncing off a historical resistance that extends all the way to Jun...

Bitcoin (BTC) Finally Presents Perfect Setup For A Massive Short Squeeze

Bitcoin (BTC) currently presents the perfect setup for a short squeeze. The number of shorts has reached an all time high and it is not clear what the bears are...

Ripple (XRP) Poised For A Decisive Breakout By Weekend

Ripple (XRP) has formed a descending triangle but inside that triangle, it has formed a falling wedge. So, which way is the price going to break out? Well, under the...

Foxconn And Ethereum Classic (ETC): A Match Made In IOT (Internet Of Things)

Chart for ETC/BTC (1W) A cryptocurrency is judged based on the number of Dapps or partnerships it has in this market. If it is a ‘centralized’ cryptocurrency like Ethereum (ETH)...

Bitcoin (BTC) Likely To Climb Back To $4,000 But Downtrend Remains Intact

Bitcoin (BTC) is still in a downtrend but it has now bounced off the bottom of the descending channel it is trading in. This is why BTC/USD is expected to...

Ripple (XRP) Bears Running Scared As Number Of Shorts Drops Double Digits

Ripple (XRP) shorts started to tumble soon as they reached the previous all time high. In fact, the 4H chart for XRPUSDShorts shows that the bears are so scared that...

Ethereum Classic (ETC) Shorts Reach All Time High Amid Overreaction To ETCDev Shutdown

Ethereum Classic (ETC) bears were late to react to news of ETC Dev shutdown but once they spotted some weakness, they upped their short positions aggressively. In fact, the weekly...

Bitcoin (BTC), EUR/USD Poised For A Breakout As IH&S Nears Completion

Bitcoin (BTC) is about to complete a massive inverse head and shoulders pattern. This means that the price is expected to breakout as early as next week. The potential for...