Messages

1

Trading / Optimistic signals for ETH, per expert

« on: January 31, 2022, 02:50:08 PM »

There are a series of higher highs relative to the lower BB in the daily chart, signaling strength amid intense selling pressure.

Although buyers are optimistic following encouraging gains at the tail end of January 2022, the upward pressure isn’t convincing for risk-averse traders.

Technically, a close above $2.7k might be the trigger for the next leg up to $3k—and better—in trend continuation.

Presently, the ETHUSDT price formation is within a bear flag due to the inability of optimistic buyers to unwind losses of January 21 and 22. From an effort-versus-results perspective, this is also bearish.

Therefore, if buyers take charge, a conservative strategy is to load on breakouts above $3k. Still, there could be an opportunity for aggressive traders above $2.7k—confirming buyers of January 28.

In that case, ETH could float back to $3k—the immediate buy target. If not, losses below $2.3k may embolden bears aiming at $1.7k—July 2021 lows.



Source: https://crypto-economy.com/ethereum-bulls-confident-eth-shaky-below-2-7k/

2

Trading / Ethereum Price Analysis by expert

« on: January 26, 2022, 06:32:55 PM »

The Ethereum price is bearish, but there are hints of revival reading from the ETHUSDT candlestick arrangement in the daily chart.

In the medium term, sellers appear to be in the driving seat. However, the rejection of lower prices from early this week may point to ETH bear exhaustion and possibly the end of the worrying bear run.

Notably, ETH prices have support at the 78.6 percent Fibonacci retracement level of the H2 2021 trade range.

Based on this formation, aggressive ETH traders may fade the primary bear trend, ramping up on dips while targeting $3k. Meanwhile, unexpected price dumps below this week’s lows at around $2.1k would nullify the bullish outlook, continuing the bear trend of last week.

source: https://crypto-economy.com/ethereum-bears-exhausted-above-2-4k-is-the-eth-usdt-recovery-a-dead-cat-bounce/

3

Trading / XRP Price analysis

« on: January 24, 2022, 02:33:44 PM »

The XRP price is down 56 percent from H2 2021 highs at the time of writing, with discouraging indicators of possibly more losses down the line.

From the candlestick arrangement in the daily chart, sellers are squarely in charge. Notably, XRP prices are printing lower, aligning with the formation of December 4, 2021, confirming sellers from an Effort-versus-Results perspective.

Even so, there has been a pullback from last week’s lows reading from the January 23 bar formation. At the same time, the January 22 bear bar fell below the lower BB, suggesting an element of undervaluation.

In that regard, XRP prices may snap higher as market forces seek correction. It will be a reprieve for XRP holders, especially since XRPUSDT is within a clearly defined downtrend.

Every pullback higher but below $0.70 could offer entries for XRP sellers riding the trend and targeting July 2021 lows of $0.50.

source: https://crypto-economy.com/

4

Trading / Ripple Holds above $0.70 PRICE ANALYISIS

« on: January 18, 2022, 06:36:44 PM »

The XRP price is bearish, reading from the performance in the daily chart. Although there is hope considering the bounce back from crucial support in early January 2022, the path of least resistance remains southwards. In the short term, XRP bulls must absorb selling pressure and sustain prices above $0.70.

A close above the middle-BB—the dynamic resistance level—in a breakout above the current consolidation and $0.85 could thrust XRP prices towards $1 in a possible bull trend continuation set out in early Q3 2021. It will also be a booster for buyers of last week, allowing risk-off traders to ride the trend by loading the dips. On the reverse side, it could be tough for Ripple bulls if bears flow back, blasting below $0.85 and unwinding the bull engulfing pattern registered on January 11.

Source: https://crypto-economy.com/ripple-holds-firm-above-0-70-rebounds-from-critical-fibonacci-support-line/

5

Trading / Bitcoin Price Analysis TODAY

« on: January 14, 2022, 04:18:09 PM »

Hi! here is an interesting analysis of the price of bitcoin today, January 22nd:


The Bitcoin price is bouncing from January 2022 lows, adding seven percent in the last trading week. Despite gains, the BTCUSDT price action remains within a bearish formation, reading from the candlestick arrangement in the daily chart. For instance, BTCUSDT prices are still capped below the middle BB. Nonetheless, for buyers, the lift of early this week was with high trading volumes signaling strength.

As such, they may find entries to buy the dips, targeting $46.5k—previous support now resistance. Even so, there would be more solid entries if BTC surged above $47k–edging past the flexible resistance line—the middle BB. In that case, the base for a moonshot back above $50k to $53k would have been established.

On the flip side, if prices continue to slide, unwinding early this week’s gains, aggressive bear traders may liquidate on pullbacks targeting January 2022 lows of around $39.8k.

credits: Crypto-Economy

6

Crypto Discussion / Re: Solana to recover soon?

« on: January 12, 2022, 05:53:30 PM »

Some examples of articles i`ve read about that:
https://seekingalpha.com/news/3787524-solana-could-take-market-share-from-ethereum-bofa-analyst-says
https://crypto-economy.com/solana-sol-trades-near-crucial-support-level-whats-next/
https://www.analyticsinsight.net/solana-cardano-avalanche-pancakeswap-uniswap-best-choice-of-2022/

7

Crypto Discussion / Solana to recover soon?

« on: January 12, 2022, 05:50:03 PM »

According to many articles, Solana could resume its uptrend in the short term. What do you think?
After its ATH it has done nothing but go down.

8

Spanish Language / XRP: es momento de vender?

« on: January 10, 2022, 04:19:51 PM »

Hola a todos! segun varios artículos y análisis que vengo leyendo XRP va a seguir en caida libre. Que opinan, es momento de afrontar pérdidas y vender antes de que sea aun peor?

https://es.crypto-economy.com/ripple-baja-un-45-los-osos-de-xrp-se-pondran-a-cubierto-de-los-toros-por-debajo-de-los-085-dolares/

9

Trading / What do you think about XRP´s price analysis?

« on: January 10, 2022, 04:03:04 PM »

Hey! Just found this Price Analysis about Ripple (XRP) and was wondering if its time to sell.
What do you guys think?

According to the article the coin is under immense selling pressure right now.

https://crypto-economy.com/ripple-down-45-will-xrp-bears-cap-bulls-below-0-85/