Cryptocurrency News
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex After a small pause for a correction, buyers returned to Bitcoin. On Tuesday, October 29th, it is trading around $9424. On H4, the BTC situation attracts attention due to the latest surge in buys. However, there was nothing astonishing about it. Attentive readers […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, October 22nd, XMR is correcting after two days of growth. It is generally trading at $55.74. On D1, the Monero price keeps demonstrating a downtrend. It should be noted that on the MACD, a convergence and a Gold Cross have formed, […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, October 11th, ETH price is declining, trading at $186.72. The cryptocurrency has been selling for two days in a row. On H4, Ethereum quotations have tested the resistance line of the long-term channel. This situation may also be understood as the […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, October 5th, Ethereum is slightly declining, trading at $173.21. After a good rise earlier this week, this decline seems logical. The Swiss exchange SIX is ready to offer a new product, consisting of 90% BTC and 10% ETH. Thanks to this […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On September 30th, the XRP cryptocurrency showed a steep growth of price, replying to the corporate news. By Tuesday, October 1st, the growth has slowed down, the currency trading at $0.2561. On D1, XRP/USD keeps developing a downtrend. The quotations have broken through […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, September 27th, ETH remains under pressure, trading at $165.51. On D1, the Ethereum price is developing a new impulse of decline upon completing a pullback. The downtrend is nearing 76.0% ($148.50) Fibo, and its breakaway will be the gateway to the […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, September 6th, the EOS remains in a narrow flat, chiefly trading around $3.30. On the daily timeframe, the EOS demonstrates the continuation of a downtrend, but the speed of falling has decreased. If it keeps declining, one of the critical aims […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, September 3rd, the TRX cryptocurrency remains under pressure, but there is no more aggressive selling. The instrument is generally trading around $0.0158. Tron Price Analysis In order to understand what is going on with TRX (TRON), let us have a look […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS sales continue, but on Friday, August 23rd, the market mood is too ambiguous. At the end of the week, the EOS is declining, trading at $3.62. Technical Analysis On the daily timeframe, the EOS remains inside the downtrend, the quotations inside […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Technical Analysis On the weekly timeframe, the Bitcoin remains in the correction phase, which may extend and bring the quotations to the psychologically important level of $7000.00. Upon the end of the correction, a new wave of growth may be expected, confirmed by […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline. It is […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Presently, the XRP cryptocurrency is the third one on the market in terms of capitalization, which is $12.8 billion. The XRP is currently trading at $0.2975. Unfortunately, this digital asset has been declining recently, testing local minimums, as well as other altcoins. Anyway, […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Litecoin, presently being the fifth cryptocurrency in terms of market capitalization, has halved the payments to miners. Another halving has reduced the payment for a block from 25 LTC to 12.5 LTC; at the same time, the difficulty of mining has grown […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex Bitcoin keeps growing robustly, its dominance reaching 68.4%, which is a two-year maximum. At the same time, the Ethereum is attempting a bullish trend. The general growth of digital assets in case the leading cryptocurrency manages to renew local maximums looks highly probable. […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, May 25th the XRP by Ripple goes a bit down, its volatility still being high. The instrument is mostly trading around 0.4723. On H4, we see the XRP break through the previous consolidation channel and test the resistance zone, turning it […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The XRP is correcting after a rising streak, trading around $0.4394 on June 18. Over the last week, the midterm trend did not change much; the price is still trading sideways and wide, between the support at $0.3575, and the resistance at 0.4790. […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Stellar is trying to get further up, while the traders are not being much active late this week. On Friday June 14, the XLM is trading around $0.1266. The Stellar has been inside a correction triangle for two months; this triangle is […]