Author Archives: Ken Chigbo

Bitcoin Cash Price Analysis: BCH/USD Bulls Force a Breakout Above a Huge Resistance Trend Line

Bitcoin Cash continues upside momentum, running at its second consecutive session in the green. BCH/USD bulls make a big push above long-running descending trend line. BCH/USD Price Behavior The Bitcoin Cash price was seen trading in positive territory again in the early part of trading on Wednesday. BCH/USD is running at its second consecutive session within […]

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Tron Price Analysis: TRX/USD Must Break and Close Above $0.03000 or be Punished

Tron price is seen trading in the green late on Tuesday, with gains of 2.5% at the time of writing. TRX/USD is still shaping up a potential head and shoulders pattern structure. The Tron price in the latter part of trading on Tuesday was seen holding gains of 2.5%. The bulls manage to see TRX/USD […]

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Ethereum Price Analysis: ETH/USD Sellers are Stepping Up Downside Pressure; Explosive Breakout is Imminent

ETH/USD is very much close to a breakout of the recent range-block formation. Diar reports that on-chain transaction value on the Ethereum network was seen at an all-time-high in December 2018. Over the past three sessions for ETH/USD, a pick-up in downside intensity has been demonstrated by the market bears. The price had been moving […]

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GBP/USD Price Prediction: Bulls Reclaim 1.2900, Eyes Locked on Another Retest of 1.3000

GBP/USD bulls pick up momentum to the upside, following generally positive tone to Theresa May’s Plan B statement. Next upside targets for the bulls should they firmly breakdown 1.2900 again, will be the psychological 1.3000 mark. GBP/USD throughout the session on Monday remained very much elevated. This came as market participants were somewhat maintaining an […]

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Cardano Price Analysis: ADA Must Hold This Key Support or Be Forced to Give Up $0.04 & $0.03

ADA/USDT price action has formed a head and shoulders pattern, subject to a possible neckline break. Chunky supply is heavily capping upside for ADA/BTC, tracking from 0.00001400-0.00001200. ADA/USDT in the very latter stages of trading on Sunday was seen nursing chunky losses of over 5%. The price has continued to trade within a choppy nature, […]

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Dash Price Analysis: DASH/USDT Downside Risks Linger Despite Trust Wallet Support Announcement

DASH/USDT price action is moving within a narrowing range formation, subject to further downside risks. Trust Wallet, Binance-owed crypto wallet provider, announces support of DASH. Price Behavior DASH/USDT has been trading within a $6 range for the tenth session in a row, at the time of writing. The upper part of this range should be noted […]

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Tron Price Analysis: TRX/USD Constructing a Head and Shoulders Pattern

TRX/USD remains vulnerable to further downside, with eyes on the possible head and shoulders technical structure. TRX/BTC bulls are having much difficulty breaking down huge area of supply. TRX/USD Price Action There has been little in terms of committed market direction. It appears that after the huge bull run, which was observed from mid-December until […]

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Monero Price Analysis: Stronger Malware to Mine Monero; XMR/USD Has Room for Another Potential Squeeze South

Researchers: a stronger malware has been uncovered, which can mine Monero. XMR/USD price action remains stuck in a narrowing range, subject to an imminent breakout. The XMR/USD price has seen some upside on Saturday, holding gains of around 3% towards the latter stages of the day. Despite the press higher from the bulls, a move […]

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Litecoin Price Analysis: LTC/USD Bulls Enjoy Big Jump But Stubborn Resistance Capping Potential

Litecoin sees a relief rally on Friday, but is still stuck within stubborn range-block. LTC/USD price action has formed a bearish flag pattern structure, subject to a potential break lower. The Litecoin price on Saturday was seen holding decent gains of over 5%, as life is kicked back into the bulls. The LTC/USD pair has […]

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