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Ripple (XRP) Enters New Moon Phase - Analysis

Ripple (XRP) Enters New Moon Phase - Analysis

| JefeCaan

Ripple (XRP) has just entered a new moon phase. While the term "moon" has become synonymous with "bullish" in the cryptocurrency market, a moon phase can be both bullish and bearish. In fact, the previous moon phase has been quite bearish for XRP/USD...

Litecoin (LTC) Ready To Make A Move

Litecoin (LTC) Ready To Make A Move

| JefeCaan

Litecoin (LTC) is ready to make a move. We can see on the 4H chart for LTC/USD that the price is close to breaking out of the descending triangle that it is trading in. It is not yet clear which way the price will break first. We have seen in the pas...

Chainlink Ready To Decline Against Ethereum?

Chainlink Ready To Decline Against Ethereum?

| JefeCaan

Chainlink seems to have lost its bullish momentum and is now ready to decline further against Ethereum. The pair has a hard time breaking past the 0.015 resistance and is now primed for a decline down to the 76.4% fibonacci retracement level. If it f...

Bitcoin: Where Is The Floor?

Bitcoin: Where Is The Floor?

| JefeCaan

Bitcoin seems to have finally found a floor within the falling wedge. A break below $6,625 paves the way for further downside. Barring that, a retest of $7,000 and eventually $7,388 seems probable. ...

Ethereum To Make It Or Break It

Ethereum To Make It Or Break It

| JefeCaan

Ethereum could make it or break it with its next big move. The 4H chart shows that ETH/USD has run into resistance at the Ichimoku cloud. RSI could see a potential bearish crossover in the near future. Meanwhile, BTC/USD has faced a strong rejection ...

Bitcoin: What's Next, $8k or $6k?

Bitcoin: What's Next, $8k or $6k?

| JefeCaan

Bitcoin has started its decline after testing the $7,694 mark. It appears that many sellers have been waiting at that area as BTC/USD has now declined sharply from there and is now in a vulnerable position. A break below $7,300 would pull the price d...

Bitcoin Remains Vulnerable Below $$7.4k

Bitcoin Remains Vulnerable Below $$7.4k

| JefeCaan

Bitcoin remains at risk of significant further sell off it fails to break past $7,300 and move higher anytime soon. The more it trades sideways, the more the current fractal looks like a head and shoulders that could prove to be the perfect catalyst ...

Is Ethereum Ready To Rally Against Bitcoin?

Is Ethereum Ready To Rally Against Bitcoin?

| JefeCaan

Ethereum as been in a downtrend against Bitcoin for the most part of December.  After weeks of continued downtrend we can now see a glimmer of hope that ETH/BTC may see some upside near term. There's no denying that  Ethereum stands to lose...

Bitcoin Bear Hunt May Not Be Over Yet

Bitcoin Bear Hunt May Not Be Over Yet

| JefeCaan

Bitcoin is about to close its fifth consecutive week above the 100 EMA.  The price has once again tested the $7,400 level and is now likely to rally further beyond that.  The reason BTC/USD could rally further is because of a potential liqu...

Ethereum Bulls Have Lost Control

Ethereum Bulls Have Lost Control

| JefeCaan

Ethereum (ETH) has just crash below the 38.2% fib retracement level which corresponds to a price level of $133.39 and is now at risk of significant further downside. It has now faced rejection at the $132.18 level and is expected to decline down to t...