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IOTA (MIOTA) Continues Its Downtrend, New Lows Likely In The Days Ahead

IOTA (MIOTA) continues to trade in a downtrend. The price has once again met heavy resistance after a recent Bitcoin (BTC) induced pump. The price received a significant boost but resistance at the downtrend line for IOTA/USD made it clear that the price is not in the clear yet and further downside is likely. The squeeze momentum also indicates that yesterday’s Bitcoin (BTC) short squeeze had little impact on IOTA (MIOTA). The price is currently trading above its RSI on the daily chart but weakness can be seen as the EMA alignment continues to remain bearish with no signs of...

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Lisk (LSK) Is A Buy At $5, Smart Money Busy Accumulating For Long Term

Lisk (LSK) has taken one of the worst falls in the history of cryptocurrencies. It is currently down more than 85% from its ATH. The price is looking to recover long term but short term the bloodbath is not over. Regardless of that, Lisk (LSK) has managed to stay close to $5 for the most part. This is a cryptocurrency which at a price of $40, was expected by many to reach $200 by the end of the year. This optimism stems from a strong interest in Lisk (LSK) in late 2017. This was mainly because Lisk (LSK) emerged as...

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Ethereum (ETH) Struggles To Break Past Strong Resistance

Ethereum (ETH) struggled to recover in the last 24 hours but a falling Bitcoin (BTC) has kept it on leash. The price started to take off and was supported by RSI conditions as well as the daily Stochastic, but weak overall market conditions resulted in a short lived rally. Considering most activity on weekends is often useless in markets like these, it is reasonable to expect that any gains made during the weekend could be wiped out in the days ahead. Ethereum (ETH) still looks bullish long term but short term; it has to fall back to the bottom of...

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Ethereum Classic (ETC) Poised To Breakout Sooner Than Anticipated

Ethereum Classic (ETC) has been on a roll for the past few weeks especially after the Coinbase announcement. The price shot up from $13 after what could be deemed as a game changing announcement, and has resisted falling back. Ethereum Classic (ETC) has made similar gains in the past but most of the time, those gains were short lived. In fact, Ethereum Classic (ETC) has been one of the worst performing coins in terms of investment until now. Some investors, mostly Ripple (XRP) fans believe that Coinbase no longer has the same type of clout that it did back in...

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Did Bitcoin (BTC) Just Make A Higher Low? This Could Be The End Of The Downtrend

Bitcoin (BTC) seems to have made a higher low for the first time since the beginning of the downtrend. The price is currently trading above $6,300. Every day the price of Bitcoin (BTC) stays above the $6,000 mark in the days ahead, market confidence is expected to increase by leaps and bounds. In fact, the recent development with a higher low (HL) appearing on the BTC/USD 1D chart is the first of its kind since the beginning of the year. This is a strong indicator that this correction might be coming to a close as further downside seems unlikely at...

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