What Happened To The Ripple Price Since January 28? We update the Ripple forecast from yesterday: Short Term Ripple Price Forecast (XRP/BTC) Yesterday, we stated: “… we will see a short term rally, particularly if ripple prices can mount a breakout above the red trend line.”. And indeed, this happened as we forecasted. See the chart below. Summary Forecast Short Term: UP as long as holding above 0.000057 BTC ( target 0.000072 BTC). Bearish below 0.000056 BTC (downside target 0.000025 BTC). Have a great Crypto-Trading Day! @S3052 — Do you want to learn more about Cryptocurrency Forecasts, Our Premium In-Depth Weekly Report, Daily Updates, and real-time Price Alerts? Please …
Ripple Price: Is The Forecast Bullish or Bearish?
Ripple Price: What Is Next For The World’s Number 2 Cryptocurrency? The ripple price is currently $ 0.015442 in US Dollar based on Poloniex. Ripple is the world’s number 2 cryptocurrency based on market capitalization. It has overtaken Litecoin in 2014. With $ 478,369,633, it is about 1/7 the size of bitcoin and 6.5 times larger than Litecoin. 1. Long Term Ripple Price Forecast (XRP/BTC) As illustrated in our previous ripple price forecast, ripple prices kept going down as expected over the past week. This happened because we have shown that the ripple price was stuck in a downward channel. Looking at …
Cryptocurrency Trading: NEW Coverage of NXT
Written by S3052. Cryptocurrency Trading: NEW and First Coverage of NXT As part of our “free cryptocurrency trading week”, we start covering the cryptocurrency trading forecast for NXT. NXT has a market capitalization of 12.53 $ million and is trading at 0.012530 $ at poloniex. In bitcoins, this amounts to 0.00005051 BTC per NXT coin. NXT Forecast (NXT/BTC) Long Term NXT is in a persistent downtrend. Trend DOWN. Bullish only above 0.00007 (target 1: 0.00009, target 2: 0.001445 = the previous all-time high). Short Term Since there was a panic sell-off this morning with huge trading volume, there is some room to the upside short term. NXT …
Cryptocurrency Forecast: Ripple, Stellar and Monero: UPDATE
Written by S3052. Cryptocurrency Forecast: Snapshot Coverage of Ripple, Stellar and Monero As part of our “free cryptocurrency week”, we update the altcoin forecasts of Ripple, Stellar and Monero. 1. Ripple Forecast (XRP/BTC) Ripple Forecast materialized as we predicted yesterday: Ripple prices declined as part of the downward channel. It reached our downside target of 0.000060 and fell even further. It is now trading around 0.00005338 /BTC. Trend Remains DOWN. Bullish only above 0.000076 (target 0.0000865). 2. Stellar Forecast (STR/BTC) Stellar Forecast also “followed” our prediction very well. Stellar prices declined and reached our target of 0.0000180 and declined even further to 0.00001532. Trend Remains DOWN. Bullish only above 0.0000222 …
Cryptocurrency Forecast: Ripple, Stellar and Monero
Written by S3052. Cryptocurrency Forecast: Snapshot Coverage of Ripple, Stellar and Monero We have recently covered the litecoin forecast in this blog. In this “free week”, we now extend coverage to other altcoins. Today, we issue snapshot cryptocurrency forecasts as an exception also for non-subscribers. Those snapshot forecast will display only charts with a few comments on support and resistances here. Detailed explanations, mid and long term forecasts and cryptocurrency trading education will only be available in our premium section. Prices are based on Poloniex. 1. Ripple Forecast (XRP/BTC) Down as long as trading in red channel. Breakout zones: Bullish above 0.000076 (target 0.0000865). Bearish below 0.000065 …
Monero Price Forecast On Track
We apply technical chart analysis to predict cryptocurrency prices. Our latest Monero price forecast has been spot on. The Monero price was at 0.00133101 BTC when we gave the rally forecast. Only 24 hours later, The Monero price rocketed to 0.0019390 BTC. This is a +45.68% increase. This is a percentage increase that we see often in cryptocurrencies, but not in conventional financial markets like stocks, mutual funds, etc. What Will The Monero Price Do Next? We can use the same technical analysis principles to forecast the next moves of cryptocurrencies. In this case, we clearly see an impulsive rally from the 0.0009100 low …
Monero Price Bottoming and Breaking Out?
Monero - A Rising Crypto Star? Monero has been a rising star in the cryptocurrency world in the first part of 2014. This was before it plunged from its high of 58100 Satoshis to 9100 Satoshis on December 17, 2014. This big decline resembles a percentage drop of -82.16%. The Monero price decline is a prominent example of the “pump and dump” reality in the cryptoworld: New altcoins get hyped up by large holders. This creates broad awareness. Then, altcoin traders and speculators jump on board and the price rallies. Finally, large holders dump the coins and cash in. And as a …