Price Analysis

A rejection approximated at about $0.2250 was reflected on the XRP/USD pair prices, leading to a downward movement under the $0.2150 and $0.2100 zones. Although there was a significant upsurge in its price, the initial value was maintained at levels, not beyond the $0.2250 zone. It further encouraged the decrease reported to hold at the level of $0.2150 support.  Following this analysis, a downward trend was recorded that illustrated price maintenance below support levels of $0.2100 considered at the 100 hourly…

Following the current bearish signals indicated by the bitcoin prices that estimate between $7,300 to $7,260, concerns are raised regarding the fall below $7,000. The bitcoin value has been declining steadily within the past sessions under support at $7,320 value, which also settled the 100 hourly simple moving average.  Concerning the BTC value within the past days, the value transaction could not surpass $7,320. Although the price tried to increase and stabilize above the $7,300 value, the prices could not…

Bitcoin started an upward move against the USD after forming strong support close to the $7100 region. The price eventually inclined to $7300 and $7400 resistant level. Additionally, there was a close of over $7300 and the 100 hourly simple moving average. Ultimately, the price rose to over the $7500 level, but eventually, the uptrend declined. In that case, a high close to $7500 got formed before the Bitcoin’s price dropped. This digital currency lost more of the earlier made…