Tag Archives: Risk

Ripple Price Weekly Analysis: XRP At Risk of Sharp Bearish Reaction

Ripple Price Analysis: XRP Remains Sell On Rallies Towards $0.30

Ripple price is struggling to clear the $0.3000 and $0.3100 resistance levels against the US dollar. There is a crucial bearish trend line formed with resistance at $0.3000 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair must gain momentum above $0.3000 and the 100 simple moving average (4-hours) for more gains. On the downside, a break below the $0.2940 support could trigger bearish moves in the near term. Ripple price corrected lower after a decent upward move against the US Dollar […]

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Analysts Bearish on Ethereum as $100 Level is at Risk of Being Breached, Gloomy Short-Term Future

Analysts Bearish on Ethereum as $100 Level is at Risk of Being Breached, Gloomy Short-Term Future

Following a long period of sideways trading in the cryptocurrency markets, Bitcoin’s recent drop to $3,400 has led most major cryptos to dip and has caused one analyst to turn bearish on major cryptocurrencies like Ethereum (ETH) and Litecoin (LTC), despite many analysts recently being bullish on these cryptocurrencies. It is likely that the direction these cryptocurrencies head next will be dictated by Bitcoin’s price action, as a break below $3,400 will lead the entire markets to follow suit and plunge. Analysts Bearish on Ethereum (ETH) and […]

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Ripple Price Analysis: XRP Remains at Risk of Further Declines

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price declined further and broke the $0.2940 and $0.2900 support levels against the US dollar. There is a key bearish trend line in place with resistance near $0.2960 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is trading in a bearish zone and it could continue to move down towards $0.2820 or $0.2800. Ripple price accelerated losses against the US Dollar and Bitcoin. XRP/USD settled below $0.2940 and any recovery from the current levels could find a strong selling interest. […]

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Ethereum Price Analysis: ETH Tumbles, $100 Support At Risk

Ethereum Price Analysis: ETH Sinks Below Key Support, Could Extend Losses

ETH price declined sharply and broke the $105 support area against the US Dollar. There was a break below a major bullish trend line with support at $105 on the hourly chart of ETH/USD (data feed via Kraken). The pair dived towards the $100 support area and it is currently consolidating losses. Ethereum price declined heavily against the US Dollar and bitcoin. ETH/USD is now at a risk of more losses below the $100 and $958 support levels in the near term. Ethereum Price Analysis After multiple […]

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Bitcoin Price Watch: BTC Won’t Go Quietly, Risk of Bounce Grows

Bitcoin Price Weekly Analysis: BTC Could Accelerate Gains Above $3,850

Bitcoin price failed near the $3,478-$3,480 resistance zone and declined recently against the US Dollar. There is a major declining channel in place with resistance at $3,410 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could dip a few points before making another attempt to recover above $3,440. Bitcoin price is struggling to gain momentum above $3,400 against the US Dollar. BTC price might test the $3,360 support before a fresh upward move above the $3,400 level. Bitcoin Price Analysis Recently, […]

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Ripple Price Analysis: XRP At Clear Risk of Further Declines

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price remained below the $0.2900 and $0.2950 resistance levels against the US dollar. There are two bearish trend lines in place with resistance near $0.2900 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair remains at a risk of more losses as long as it is trading below the$0.2900 and $0.2950 resistance levels. Ripple price is facing a lot of hurdles on the upside against the US Dollar and Bitcoin. XRP/USD is likely to extend the current decline below $0.2800 unless […]

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Ethereum Price Analysis: ETH In Trouble, Risk of Breakdown Below $100

Ethereum Price Analysis: ETH Relatively Muted, Next Move Finally Coming?

ETH price failed to bounce back and declined below the $108 and $104 supports against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken). The pair tested the $100 support area once and it corrected above the $104 resistance level. Ethereum price declined heavily with bearish moves against the US Dollar and bitcoin. ETH/USD is under a lot of pressure and it seems like sellers could attempt to break $100. Ethereum […]

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Bitcoin Price Watch: BTC At Risk of More Losses Until It Breaks $3,600

Bitcoin Price Watch: BTC At Risk of More Losses Until It Breaks $3,600

Bitcoin price failed near key resistances at $3,600 and $3,620 against the US Dollar. This week’s followed key bearish trend line is in place with resistance near $3,570 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may continue to move down unless buyers gain strength above the $3,600 and $3,620 levels. Bitcoin price struggled to surpass the $3,600 pivot zone against the US Dollar. BTC is currently at a risk of more losses towards $3,480 as long as the price is […]

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Bitcoin Price Watch: BTC At Continued Risk of Weakness

Bitcoin Price Watch: BTC At Continued Risk of Weakness

Bitcoin price remained in a bearish zone below the $3,580 and $3,600 resistance levels against the US Dollar. There is a major bearish trend line in place with resistance near $3,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading inside an expanding triangle with resistance near the $3,580 level. Bitcoin price started consolidating losses above the $3,480 support against the US Dollar. BTC is likely to face a strong selling interest near the $3,580 and $3,600 levels. Bitcoin […]

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