Archive | analysis

Ethereum Classic Price Technical Analysis – Can ETC/USD Hold $10?

Key Highlights Ethereum classic price extended its recent decline and traded towards $10.50 against the US Dollar. There is a crucial bearish trend line forming with resistance at $10.90 on the hourly chart of the ETC/USD pair (Data feed via Kraken). T…

LSKUSD BREAKS BELOW SUPPORT TREND LINE AS MONERO FINDS SUPPORT AT $82

LSKUSD TECHNICAL ANALYSIS Lisk bears are driving prices lower. After 21.10.2017 break below support trend line, a stochastic sell signal was printed. On 22.10.2017, USD bears retested support turned resistance trend line and the 20 period MA at around …

Ripple Price Technical Analysis – XRP/USD Consolidates Near $0.20

Key Highlights Ripple price declined sharply this past week and moved below $0.2400 against the US Dollar. There is a short-term bearish trend line forming with resistance at $0.2050 on the hourly chart of the XRP/USD pair (data source from Kraken). Th…

Ethereum Price Technical Analysis – ETH/USD Bearish Positions Increase

Key Highlights ETH price is struggling to move higher and is currently trading near the $290 level against the US Dollar. There is a major bearish trend line forming with resistance near $298 on the hourly chart of ETH/USD (data feed via SimpleFX). The…

Bitcoin Cash Price Technical Analysis – Can BCH/USD Make it?

Key Points Bitcoin cash price after failing to break the $350-355 resistance against the US Dollar moved down. There is a short-term bearish trend line forming with resistance near $330 on the hourly chart of BCH/USD (data feed from Kraken). The price …

Ethereum Price Weekly Analysis – ETH/USD Not out of Woods

Key Highlights ETH price is holding a monster support area near $280.00 against the US Dollar. There is a short-term bearish trend line forming with resistance at $301 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair has to break the …

Bitcoin Price Weekly Analysis – BTC/USD Buyers In Control

Key Points Bitcoin price spiked this past week and moved above the $6000 handle against the US Dollar. There is a monster bullish trend line forming with support at $5510 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently …

Bitcoin Cash Price Weekly Analysis – BCH/USD Upsides Capped

Key Points Bitcoin cash price is holding a major support area above $300 against the US Dollar. There is a crucial bearish trend line forming with resistance at $365 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair has to clear the $36…

Algorithmic Trading Platform Quantconnect Extends Reach to Cryptocurrencies

The GDAX exchange, owned and operated by the firm Coinbase has just announced integration with the popular algorithmic trading platform Quantconnect. Now cryptocurrency traders can utilize Quantconnect’s trading algorithm interface to execute a swathe of exchange strategies. Also read: An Introduction to Bitcoin Trading and Technical Charts Identify, Backtest and Research New Quants With GDAX and […]