"There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again" -Jesse Livermore. Despite claims that millennials are the most purpose driven generation, history shows they have failed to overcome the traps of speculation and investment. From the...
Price reacted according to previous analysis with a break downward from the second trendline which sent the price falling 16% and held at $3.15. But the price really recovered and rallied to $3.68 which is usual for ONT. Despite the release of the ontology mainnet and list for the first triones participants which confirmed a lock up of 12,653,398 ONT, price...
ECT is one of the project still holding firm defying the Bears. With Coinbase announcement to start the process for listing ETC, there has being a strong hold, Prices drop synchronous with falling crypto marketcap but returns higher from the previous highs. Also, there is speculation of a surge should the SECs approve BTC ETFs. Recent bear slide has pushed the...
Neo with the recent bull rally gained a massive 33.8%. This we view as investors reaction to the Version 3.0 upgrade coming up soon. The development team reckons that this upgrade will be a full package. Erik Zhang, a developer at NEO was reported to have said that the new upgrade is going to be enterprise-ready and it will have the capability of handling...
Stellarlumen's bulls can be said to be one of the strongest in the long bear market. Prices haven't gone below $0.1591 which is the lowest since the beginning of the year. The bulls are strongly and significantly defending the support level of $0.1737. The question on Hodlers mind is, how long and strong can there hold on in a bear market that sends even the...
Price pattern of BCH often seem same as the of ETH. The bears continue to slide the prices despite positive news that Robinhood’s zero fee crypto trading platform has added support for Bitcoin cash. As mentioned from previous analysis about the vulnerability of the network, this con also impact on a further price fall. We expect price to hold at previous...
Looking at the price action today reminds me of the first analysis . Prices rallied during the short bull excitement but began to fall as the bears returned. Looking at the chart, prices are expected to find support at $405 as price may continue to fall during the weekend. A break at this support will send the smart contract platform token seeking support at...
With the bulls lacking strength to push bitcoin price to $7000, the king of cryptocurrencies has been found sliding again. A continuation in price fall during the weekend may find a support point at previous low around $5803. A break from this support may send the king looking for cover at $5000 or just below. Though most investors wouldn't want that, one of them...
The early July bull rally pushed the XLM/USD price pass the trend line. Despite the return of the bears in the market sliding the price again, stellarlumen holdlers are still enthusiastic . The break in the upper trend line from previous analysis indicates the bulls are strongly defending the price from a psychological stand point. We still expect a fall from...
BCH chart pattern looks much similar to ETH. Prices are expected to hold at support level $606 Recent claims front BitPico "stress test" indicating node centralization which makes it easy to hack the network may send the price sinking. Still better to stay on the sideline.
Last 2 days of June brought about a sudden reversal in the market. First week of July pushed the price further as speculators on the futures market lined up with orders. The bulls expected to push price to $500 but didn't succeed as the bears returned sliding the price. Intersection between the 20-DEMA and 50-DEMA indicate a fall and price is expected to bottom...
With the launch of the Ontology Main net 30th June, there was a sharp price surge. Ontology Hodler's excitement didn't last long as the bears returned, resulting in a continued down turn. The price continued to slide in the second week of July as Ontology issued the 2nd airdrop to Neo holders.
As predicted from the previous analysis , price have reached $4.00...
The bulls have manage to defend the march support level at $0.1737. Though prices haven't moved much further, it is of most significance as a break in the support can trigger a psychological mass selloff. RSI(14) indicates an over sold market. A bull reversal can see the price surging to April's high of $0.45. Still super bullish on this project.
Similarly to ETH/USD chart pattern, BCH/USD price reversal on 28th June has the market currently at $740 (08:55 UCT). Together with analyst obsession that Bitcoin cash is over hyped, price is still expected to slide to previous support level at $606. a break in this region could send the price as low as $505 and even worse, to $295 (long term). On the positive...
Despite the surge of ETH/USD from $408 on 28 June with current price at $454.50 (08:42 UTC), we still see a possible slide to $362.49 where it's now finding support. Breaking that may push the price lower to $278, or even regrettably to $178. On the positive side, we still expect a reversal at the $362 support level which will healthy for the ecosystem and prevent...
The ONT/USDT had a surge due to their mainnet launch yesterday. Chart pattern still indicate a downward turn in the next 1-2wks with a support point around or just below $4.00.
