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Monero technical analysis: Trapped in range, vulnerable while below 83.50

September 21, 2019 Off

Sellers retain control, as the recovery lacks momentum. Coin awaits catalysts for fresh near-term trading impetus. Monero (XMR), the 14th largest cryptocurrency with the current market capitalization of $1.26 billion and an average trading volume of $94 million, is the second-biggest loser among the top 20 widely traded cryptocurrencies. The coin has lost almost 4%…

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Cryptocurrencies price prediction: Bitcoin, Ethereum & Ripple – American Wrap – 17 September

September 17, 2019 Off

BTC/USD technical analysis: Bitcoin needs to break out of this range On the four hour chart below, the BTC/USD price is showing that it is stuck between some tight ranges. This is obviously pretty peculiar for Bitcoin which is usually volatile. Even worse over the past few days, we have been stuck in a USD 458 range. The main value area…

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EUR/USD hinges on Draghi’s drama

September 12, 2019 Off

Tension is mounting ahead of the all-important ECB decision. High expectations may lead to a bitter disappointment and a surge for EUR/USD. Thursday’s chart is showing a wedge that implies substantial moves. D-Day is finally here – and EUR/USD traders’ tension is sky-high. D is for Mario Draghi, president of the European Central Bank who…

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