Crypto

Bitcoin is stubbornly testing the 38.2% Fibonacci ratio of the long 19,384-3,187 bearish wave for the fourth consecutive session that the bulls failed to successfully breach a year ago. While the slowdown in the red Tenkan-sen and the blue…

Bitcoin started the day sharply on the downside, moving closer to the bottom of the Ichimoku cloud and further below the 20- and 40-period simple moving averages (SMAs) in the 4-hour chart. The technical indicators are confirming the latest…

Bitcoin is declining after the sharp buying interest towards the one-year high of 8920.80 on Monday. Looking at momentum indicators, the RSI is lacking direction slightly below the threshold of 70, suggesting that the market could return…

Ethereum has been on the sidelines over the last week as the price struggle near the 20-simple moving average (SMA). Technically, the price could lose some ground in the short-term as the RSI is changing direction to the downside and is…

Bitcoin prices have exploded higher lately, gaining over 50% this month, echoing the exponential moves back in its ‘heydays’. The latest buying frenzy seems owed to a combination of Chinese capital flight, growing retail adoption, and…

Ethereum has come under renewed buying interest over the last five days, rising back above the 20- and 40-simple moving averages (SMAs) in the daily chart. The positive bias in the near term is also supported by the RSI, which has been…

Ethereum has been trading inside the Ichimoku cloud and between the 20- and 40-simple moving averages (SMAs) in the 4-hour chart. Over the last week the price has been moving sideways after the drop beneath the 168.30 barrier. The MACD…

Bitcoin skyrocketed to a fresh four-and-a-half-month high of 5052 earlier on Tuesday, finally creating an impressive bullish rally. Currently, the price is returning some of those gains but remains above the 23.6% Fibonacci retracement…

Bitcoin is approaching again the two-month high of 4032, exiting from the Ichimoku cloud. According to the stochastic some weakness could emerge as it seems to be overbought, however, the RSI indicator is still sloping upwards approaching…