The views and opinions listed here are solely those of the authors necessarily reflect the views of Cointelegraph. Each Investment and Trading involves risk and you should be good to do research before making a decision.
The market data are taken from HitBTC exchange.
at the beginning of the year, the total market capitalization of crypto currencies, with more than 730 billion euros, and many expect that this value will rise to a trillion euros. After the Hype of last year, the end of the bear market, however, is currently in sight. The carnage of the crypto-currencies has the entire market capitalisation to below 115 billion Euro and less.
After the recent collapse, many analysts predict a further price decline, and expect that Bitcoin will reach an all-time low of 2,645 euros or even 1,300 euros. Others believe, however, that the case is a good opportunity to buy for the long term, since they believe that the fundamentals improve.
was A further important development in the recent past, the costly Bitcoin Cash-the war was ended. Bitcoin Cash SV decided to drain, so Bitcoin is Cash, ABC is the brand name of Bitcoin to Cash is responsible. Whether this will lead to a Pullback of crypto prices, remains to be seen.
XEM/USD
NEM (XEM) currencies in the last seven days, the best Performer among the Top-Crypto, although it fell to 18 percent, and bear-domination in the markets.
Although the bears have made it to the range to break through, you will have difficulties to keep the prices at a lower level. Buying at lower levels kept the XEM/USD close to the area of 0,06869 Euro to 0,11573 Euro.
The 20-day EMA has turned downward and the RSI is in the negative range, which indicates that the bears have the upper hand. If you manage to stay below the margin, to advance the case up to the next support line at 0,044 Euro.
If the cops on the other hand, defend the bottom of the range and the prices in the amount, this will likely lead to a Range of action. A trend signals is turning, if the price is above the margin. In such a case, the Rally may carry the digital currency up to EUR 0.17. We suggest that traders wait for the Trend is changing and a new uptrend begins, before you decide to buy it.
XRP/USD
Ripple (XRP) is still in the news, and announces new partnerships with various banks around the world. Although she has done with some of the big banks elsewhere, you could exercise in the USA, still no effect. The most recent rumor was that there was a Deal with the Bank of America could decide, what would be the digital currency a strong boost.
Such rumors are a great buying opportunity during a bull phase. In a bear phase, traders should be careful, however, if you are basing your buying decision on rumors, because if it turns out that these are wrong, could, the fall in prices.
After the XRP/USD in the last week, she could not keep the sales of the last week. The Pair fell close to the first support at 0,32787 Euro. If this support breaks, a re-Test of the low for the year of tests of 0,21609 Euro probably. The Zone between 0.19 and 0,21609 Euro is likely to act as strong support.
long-Term investors can wait until the prices stabilise at a lower level, and then a part of your desired budget buy. The Rest can be added at higher levels, when the digital currency trend will begin a new upward.
If the cops have the Level of 0,32787 Euro to defend, the virtual currency remains in a narrow range of 0,32787 Euro and 0,49818 Euro. We expect a revival of the dynamics, if the cops scale the Overhead resistance of 0,6739 Euro. The observed target 1,13189 Euro. Although 0,85078 euros can be a small resistance, we expect that it will be exceeded.
EOS/USD
The number of On-Chain transactions in the EOS (EOS), according to Blockchain Center on other popular crypto-currencies. A report of BitMEX, a Seychelles-based Bitcoin / Dollar derivatives market, has raised many questions regarding EOS and declares that the Protocol has a long way to go if it wants to make the dominance of Ethereum in the DApp-world in question.
in the breaking of The EOS/USD Pair through critical support at 3,414 euros, marking a new low for the year. If the price remains below this level may extend the decline to the next lower level of 2.64 euros and including 1,89844 Euro.
The waste at the end of 20-week EMA and the RSI value under 40 show that the path of least resistance is directed downwards. The bearish view will be invalidated if the cops let the price quickly 3,414 Euro to rise and the mark of 3.95 Euro scale. A change in the Trend, it is clear that if the digital currency from the range of 6,0221 Euro breaks out.
BTC/USD
Last year, after thanksgiving, Bitcoin (BTC) launched its blistering rally, which reached 17.221,6 Euro its peak, an increase of 144 per cent within a month. The digital currency is, however, in this year, in a firm bear grip, and has difficulties to maintain the support levels.
Many have claimed that the crypto-bubble burst, and from here everything goes downhill. Bitcoin has experienced in the past, worse falls and recovered at every opportunity.
The market launch of the Intercontinental Exchange-based trading platform Bakkt and a crypto-custodian service of Fidelity in the year 2019 are designed for the institutional money to attract the passes only slowly in the asset class. A favorable decision for a Bitcoin Exchange Traded Fund (ETF) in the United States, could also lead to a new upward trend.
The BTC/USD Pair extended its downward trend and the low resistance of 4.805 Euro 4.408 Euro broke through easily. Although the next logical support with 2.622 EUR to 3.089 Euro clearch is low, we expect a support near the mark of 3.615 euros. The RSI occurs for the first Time since January, 2015 in the oversold area, what is the extent of the damage in the current case shows.
In the case of any recovery will encounter resistance from 4.408, 4.805, and 5,200 euros. It is risky to try to catch a falling knife, traders should wait until the virtual currency purchase has found support before entering Long positions.
IOTA/USD
In a series of Blog Posts has announced the IOTA (MIOTA) Foundation, to emphasize the so-called coordinator of the IOTA network. As the Foundation claims, will be an important step in the direction of decentralisation of the Protocol.
recently announced the App developers in the automotive industry, High Mobility, a partnership with IOTA. In the framework of the new cooperation of the developer in the case of High Mobility are creating new types of mobility Apps based on the Ledger of IOTA.
The bear broke in 0,3559 Euro below the support, and continued to fall, reaching a low of € 0.24. Currently, the MIOTA / USD is trying to climb Few 0,2815 Euro.
The downward trend of the 20-week EMAs and the RSI is in the negative range, so that each withdrawal will encounter selling pressure. If the support at a price of 0.24 Euro breaks, it can extend the decline to 0,1258 Euro to the next lower level, where a minor support is close to 0.20 Euro.
On the other hand, could consolidate the digital currency for a few weeks, if the price of the current levels of recovering and 0,35595 Euro rises before he seeks a new upward trend. We recommend that the traders wait until the Trend changes.
The views and opinions listed here are solely those of the authors necessarily reflect the views of Cointelegraph. Each Investment and Trading involves risk and you should be good to do research before making a decision.
The market data are taken from HitBTC exchange.
at the beginning of the year, the total market capitalization of crypto currencies, with more than 730 billion euros, and many expect that this value will rise to a trillion euros. After the Hype of last year, the end of the bear market, however, is currently in sight. The carnage of the crypto-currencies has the entire market capitalisation to below 115 billion Euro and less.
After the recent collapse, many analysts predict a further price decline, and expect that Bitcoin will reach an all-time low of 2,645 euros or even 1,300 euros. Others believe, however, that the case is a good opportunity to buy for the long term, since they believe that the fundamentals improve.
was A further important development in the recent past, the costly Bitcoin Cash-the war was ended. Bitcoin Cash SV decided to drain, so Bitcoin is Cash, ABC is the brand name of Bitcoin to Cash is responsible. Whether this will lead to a Pullback of crypto prices, remains to be seen.
XEM/USD
NEM (XEM) currencies in the last seven days, the best Performer among the Top-Crypto, although it fell to 18 percent, and bear-domination in the markets.
Although the bears have made it to the range to break through, you will have difficulties to keep the prices at a lower level. Buying at lower levels kept the XEM/USD close to the area of 0,06869 Euro to 0,11573 Euro.
The 20-day EMA has turned downward and the RSI is in the negative range, which indicates that the bears have the upper hand. If you manage to stay below the margin, to advance the case up to the next support line at 0,044 Euro.
If the cops on the other hand, defend the bottom of the range and the prices in the amount, this will likely lead to a Range of action. A trend signals is turning, if the price is above the margin. In such a case, the Rally may carry the digital currency up to EUR 0.17. We suggest that traders wait for the Trend is changing and a new uptrend begins, before you decide to buy it.
XRP/USD
Ripple (XRP) is still in the news, and announces new partnerships with various banks around the world. Although she has done with some of the big banks elsewhere, you could exercise in the USA, still no effect. The most recent rumor was that there was a Deal with the Bank of America could decide, what would be the digital currency a strong boost.
Such rumors are a great buying opportunity during a bull phase. In a bear phase, traders should be careful, however, if you are basing your buying decision on rumors, because if it turns out that these are wrong, could, the fall in prices.
After the XRP/USD in the last week, she could not keep the sales of the last week. The Pair fell close to the first support at 0,32787 Euro. If this support breaks, a re-Test of the low for the year of tests of 0,21609 Euro probably. The Zone between 0.19 and 0,21609 Euro is likely to act as strong support.
long-Term investors can wait until the prices stabilise at a lower level, and then a part of your desired budget buy. The Rest can be added at higher levels, when the digital currency trend will begin a new upward.
If the cops have the Level of 0,32787 Euro to defend, the virtual currency remains in a narrow range of 0,32787 Euro and 0,49818 Euro. We expect a revival of the dynamics, if the cops scale the Overhead resistance of 0,6739 Euro. The observed target 1,13189 Euro. Although 0,85078 euros can be a small resistance, we expect that it will be exceeded.
EOS/USD
The number of On-Chain transactions in the EOS (EOS), according to Blockchain Center on other popular crypto-currencies. A report of BitMEX, a Seychelles-based Bitcoin / Dollar derivatives market, has raised many questions regarding EOS and declares that the Protocol has a long way to go, if it is the dominance of Ethereum in the DApp -world in question stellen wants to.
in the breaking of The EOS/USD Pair through critical support at 3,414 euros, marking a new low for the year. If the price remains below this level may extend the decline to the next lower level of 2.64 euros and including 1,89844 Euro.
The waste at the end of 20-week EMA and the RSI value under 40 show that the path of least resistance is directed downwards. The bearish view will be invalidated if the cops let the price quickly 3,414 Euro to rise and the mark of 3.95 Euro scale. A change in the Trend, it is clear that if the digital currency from the range of 6,0221 Euro breaks out.
BTC/USD
Last year, after thanksgiving, Bitcoin (BTC) launched its blistering rally, which reached 17.221,6 Euro its peak, an increase of 144 per cent within a month. The digital currency is, however, in this year, in a firm bear grip, and has difficulties to maintain the support levels.
Many have claimed that the crypto-bubble burst, and from here everything goes downhill. Bitcoin has experienced in the past, worse falls and recovered at every opportunity.
The market launch of the Intercontinental Exchange-based trading platform Bakkt and a crypto-custodian service of Fidelity in the year 2019 are designed for the institutional money to attract the passes only slowly in the asset class. A favorable decision for a Bitcoin Exchange Traded Fund (ETF) in the United States, could also lead to a new upward trend.
The BTC/USD Pair extended its downward trend and the low resistance of 4.805 Euro 4.408 Euro broke through easily. Although the next logical support with 2.622 EUR to 3.089 Euro is significantly lower, we expect a support near the mark of 3.615 euros. The RSI occurs for the first Time since January, 2015 in the oversold area, what is the extent of the damage in the current case shows.
In the case of any recovery will encounter resistance from 4.408, 4.805, and 5,200 euros. It is risky to try to catch a falling knife, traders should wait until the virtual currency purchase has found support before entering Long positions.
IOTA/USD
In a series of Blog Posts has announced the IOTA (MIOTA) Foundation, to emphasize the so-called coordinator of the IOTA network. As the Foundation claims, will be an important step in the direction of decentralisation of the Protocol.
recently announced the App developers in the automotive industry, High Mobility, a partnership with IOTA. In the framework of the new cooperation of the developer in the case of High Mobility are creating new types of mobility Apps based on the Ledger of IOTA.
The bear broke in 0,3559 Euro below the support, and continued to fall, reaching a low of € 0.24. Currently, the MIOTA / USD is trying to climb Few 0,2815 Euro.
The downward trend of the 20-week EMAs and the RSI is in the negative range, so that each withdrawal will encounter selling pressure. If the support at a price of 0.24 Euro breaks, it can extend the decline to 0,1258 Euro to the next lower level, where a minor support is close to 0.20 Euro.
On the other hand, could consolidate the digital currency for a few weeks, if the price of the current levels of recovering and 0,35595 Euro rises before he seeks a new upward trend. We recommend that the traders wait until the Trend changes.
