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BTC and XRP – Downtrend likely to continue.

BTC/USD From last Thursday the price of Bitcoin has recovered by 13.41% as it came up from $9655 to $10950 at its highest point today. The price is currently being traded slightly lower as it reached close to its significant horizontal resistance level at around 0.382 Fib level which is why a ...

BTC and XRP – Retracement seen but recovery is expected to continue

BTC/USD From yesterday’s high at $10976.7 the price of Bitcoin has decreased by 9.62% as it came down to $9920.6 at its lowest point today around which the price is currently being traded. Looking at the hourly chart, you can see that the price came down to the 0 Fib level but there ...

BTC and XRP – The prices recover but for how long?

BTC/USD From last Tuesday when the price of Bitcoin came down to $9833 at its lowest point we have seen an increase of 30% measured to the highest point the price has been today which is at $12814. The price is currently being traded at $12348 and even spiked further down to $12119 at its […]

BTC/USD and XRP/USD – further downside expected

BTC/USD Last week the price of Bitcoin started failing impulsively after reaching $13714 at its highest point on Wednesday. The price decreased by over 24% on the next day as it came down to $10400 at its lowest spiked by the hourly candle closed above $10772 after which recovery took place. ...

BTC/USD continues increasing while XRP/USD showing signs of weakness.

BTC/USD From last weeks Monday when the price of Bitcoin was sitting at $8986 at its lowest, we have seen an increase of 26.55% measured to the highest point the price has been today which is at $11372. The price continued increasing after yesterday’s pullback of around 4.87% which ...

BTC/USD On yesterday’s open the price of Bitcoin was sitting around $8985 as the price came down to the descending trendline after an interaction was made with the 0.382 Fibonacci level on Sunday. From there the price made another attempt to surpass the Fibonacci level but the interaction ...

BTC/USD The price of Bitcoin has been increasing since last week and has come up from $7550 at its lowest point on Thursday, to $8892 at its highest point made yesterday which is an increase of around 18%. Looking at the hourly chart, you can see that the price of Bitcoin was still inside the ...

BTC/USD Last Monday when the price of Bitcoin was sitting at $6976 we have seen an increase of 18.88% measured to the weekly high at $8294 made on Thursday but immediately after reaching those levels, the price fell sharply and steeply as it came down by 14.36% on the following day coming to ...

BTC/USD The price of Bitcoin has continued increasing over the weekend and has come up from $6225 on Friday’s low to $8166  at its highest point today which is an increase of 31.5%.  This increase is a continuation of the impulsive move started on the 26th of April and is the ending wave ...