Weekly altcoins analysis. Terra Luna Classic and Ripple (XRP)
The LUNC coin price has declined over three consecutive days, the price reversed from a downward trendline, and breached $0.000167 in local support. The current price of the coin is $0.000165, and a daily close below the mentioned support will intensify the current selling pressure. This development encourages further Terra coin price declines. A descending […]
Market outlook: What to expect from BTC this week.
The crypto market experienced Mini bullish momentum last week. As the price of BTC traded at the $17,000 region without going lower. Traders are expecting the opening candle for this week to be a bullish candle so BTC can continue to soar above the $17,000 region But there’s also a probability that this week might […]
10 candlestick patterns every trader should know
Candlestick patterns are used by traders to predict the future direction of price movement. In this article, you’ll learn 10 of the most common candlestick patterns and how you can use them to identify trading opportunities. What is a candlestick? A candlestick is a method of displaying information regarding the price movement of an asset. […]
Weekly Altcoins analysis (ADA &UNI)
November has been a continued downtrend for major altcoins. ADA showed a 0.6% depreciation on the previous day. Given that the market is anticipated to exit lateral trading, the next few trading sessions for ADA are still critical. Depending on how rapidly it overcomes its present barrier. The price level is still being lowered by […]
BTC prepares for a relief rally as bulls take charge
Over the previous day on the BTC chart, the price of bitcoin maintained a support level after bouncing off the $15,400 price mark. Ever since then BTC has been fluctuating around the $16,000 price level over the past 24 hours. Bitcoin is waiting for a breakout as it is now trading sideways following the recovery. […]