XRP(4Hr) : XRP moving with low volatilityMarket in the last 24hrs
XRPUSD saw some consolidation as the price accepted the bottom Bollinger band as a support line and can be seen moving towards the middle Bollinger band. Trading volume has been moderate in the last 24 hours.
Today’s Trend analysis
As the price reaches the middle Bollinger band, if it accepts the middle Bollinger band as a support line then we can expect the price to see some consolidation with a slight indication of bearish momentum else it will continue to move in an upward direction.
Price volatility was extremely low at approximately 0.2%, with the day's range between $0.587— $0.628.
Price at the time of publishing: $0.623
XRP’s market cap: $28.76 Billion
However, the Indicator summary is giving a 'SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 11 are giving SELL signal, 1 is giving neutral and 3 are giving a BUY signal.
Trading volume has been moderate in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Technicalindicators
ADAUSD(4Hr): Cardano to see some bullish momentumMarket in the last 24hrs
ADAUSD saw downward movement and can be seen constantly rejecting the bottom Bollinger band as a support line. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The latest price movement suggests that ADAUSD has accepted the bottom Bollinger band as a support line, so we can expect the price to see bullish momentum till it reaches the middle Bollinger band. If the price accepts the middle band as a support line then we can expect to see some consolidation else the on rejection we can expect the price to reach the upper Bollinger band
Price volatility was moderate at approximately 3.47%, with the day's range between $1.2 — $1.32.
Price at the time of publishing: $1.25
ADA’s market cap: $40.08 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr) : DOGE rejecting a strong support lineMarket in the last 24hrs
DOGEUSD saw a major downtrend in the last 24 hours as it kept rejecting the bottom Bollinger band as a support line. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
Price is expected to continue the current bearish movement until it accepts the bottom Bollinger band as a support line then we can expect the price to see some consolidation with a slight bullish indication.
Price volatility was moderate at approximately 3.27%, with the day's range between $0.199 — $0.212.
Price at the time of publishing: $0.2
DOGE’s market cap: $26.1 Billion
However, the Indicator summary is giving a 'STRONG SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 9 are neutral and 0 are giving a BUY signal.
Out of 15 Moving average indicators, 14 are giving SELL signal, 1 is giving neutral and 0 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
XRP(4Hr) : XRP setting a sideways momentumMarket in the last 24hrs
As the difference between the upper and lower Bollinger band was very low due to this the price consolidated movement as it constantly moved between the 2 bands in the last 24 hours. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
As the price just touched the lower Bollinger band we can expect the price to see some upward momentum till it reaches the upper Bollinger band in the next 24 hours. After that, we can expect to see some consolidation if the price accepts the upper band as a support line.
Price volatility was low at approximately 0.7%, with the day's range between $0.616— $0.640.
Price at the time of publishing: $0.624
XRP’s market cap: $28.84 Billion
However, the Indicator summary is giving a 'SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 14 are giving SELL signal, 1 is giving neutral and 0 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Bitcoin BTC Range Likely To Be TestedLet me give you all the reasons I'm Bearish on Bitcoin where we stand.
~It has now been roughly 90 days since BTC has made a new high; It has never in the history of Bitcoin corrected for this long in a Bull Run and made new all-time highs in the same year.
~Clear deviation from the standard Bull run cycle indicating something is pulling strings on the broader scale markets.
~Inflation concerns bouncing around from not worried to worried on a large scale, which tells me it's all just a stay calm and trust the process approach. We have seen how this turns out in the past.
~Short squeeze after short squeeze from the Meme stocks on the stock market, rallying a huge new inflow of first-time investors. This spilled heavy onto the crypto market and crypto steadily became a social media trend. All the buying came at the top.
~So when Moon???
~We are seeing multiple Death Crosses on multiple time frames
~This decrease in volatility is being passed around as a good thing but from my perspective, it is more likely it is a bad one. We have been in a range now for upwards of 55 days which has brought us to this moment. Every time BTC has had a parabolic move to the upside there was a flash crash downwards that created a spring effect. We have not seen this at all which tells me quite clearly price is favoring down rather than up at the moment.
~Why would BTC break a 6 month Down Trend during low volatility times?
~The Bulls have constantly hit their SL repeatedly, and Bears have been having a field day
~Today (07/12) BTC was at the crossroads seemingly ready to break the downtrend and someone strategically sold 356 BTC on open (12 Million) and then proceeded to take every Bulls Stop Loss the rest of the morning. That is by plan.
~More Alt's being created than ever before and growing exponentially. The market is completely flooded.
~DOGE caught a lot of people's eye this year with Elon's playing puppet show but have since been drug through hell. To top it off there are now 18,000 new crypto projects with the name $DOGE in it. Does that seem like a healthy market?
~Supply shock is another narrative being passed around and fundamentally it has value, but it doesn't just occur on a dime. There is no reason to believe it hits the market at 30k+ rather than 20k or potentially lower.
~Volume is so low it's practically not there in the grand scheme of things. No real buyers that create movements in the market have stepped in and I don't see them doing so at this level. We have seen small spikes but this is from hope still surviving in the market.
~Take a look at the RSI for example. Many look at it as a sign of Bullish Divergence but from my perspective that is the symbol of hope in the market. It's visual proof the bulls simply don't want to drown. The price movements started volatile but have slowly lost strength along the way. Just as if you were drowning. I suspect if that RSI breaks down, that hope will diminish rapidly until there is another glimmer of hope they can grasp onto after the next leg down.
Interested in your perspectives,
DOGEUSD(4Hr) : DOGE is fallingMarket in the last 24hrs
DOGEUSD saw consolidated movement with a slight indication of bearish momentum in the last 24 hours. Trading volume has been very low in the last 24 hours.
Today’s Trend analysis
Price has reached the lower Bollinger band which usually acts as a strong support line. The likely situation is that it accepts the bottom band as a support line and we might see some consolidation with bullish indication.
Price volatility was high at approximately 4.51%, with the day's range between $0.21 — $0.219.
Price at the time of publishing: $0.207
DOGE’s market cap: $27.07 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 11 are giving SELL signal, 1 is giving neutral and 3 are giving a BUY signal.
Trading volume has been low in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
XRP(4Hr) : XRP saw a jump in priceMarket in the last 24hrs
XRPUSD saw a major bullish trend in the last 24 hours with the price moving above the upper Bollinger band. Trading volume has been high in the last 24 hours and can be seen increasing with an increase in prices suggesting a bullish trend in the future.
Today’s Trend analysis
XRPUSD expected to see a slight decline in price as the latest candle suggests that the price has expected the upper Bollinger band as a support line. The price can be expected to reach the middle band and then follow a consolidated movement from there.
Price volatility was high at approximately 3.48%, with the day's range between $0.624— $0.657.
Price at the time of publishing: $0.648
XRP’s market cap: $29.9 Billion
However, the Indicator summary is giving a 'BUY' signal on XRPUSD.
Out of 11 Oscillator indicators, 0 are giving a SELL signal, 8 are neutral and 3 are giving a BUY signal.
Out of 15 Moving average indicators, 3 are giving SELL signal, 1 is giving neutral and 11 is giving a BUY signal.
Trading volume has been high in the last 24 hours and can be seen increasing with an increase in prices suggesting a bullish trend in the future. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Bitcoin 3 Week Chart Of DeathIf you were a long-term investor or "Whale" looking to find a nice entry point, would this be it? Would this chart absolutely convince you this is the right time to invest? Is it pump time to new All-Time Highs? Are we even near the bottom?
There have only been 3 times the RSI has broken underneath 20 on the RSI and each time it has signaled a Bear Market.
The MACD has also crossed to the downside which every time previously has followed it with a significant drop thereafter.
The volume is incredibly low.
Listen, im not here to scream BEAR MARKET at everyone because I know a vast majority disconnect as soon as they read it. Im not here to say there won't be a pump. In reality, nobody knows. I am simply pointing out the interesting developments on the 3 Week Time Frame. You can choose to see it however you want to see it, that is up to you! Good luck everyone for the weeks ahead, BE SMART!
Bitcoin BTC Bullish or Bearish?As we can see BTC has formed a pretty clear downtrend channel. I have previously pointed out potential Bear flags, so I will point out the potential Bull Flag. Depending on how you look at it, this could potentially be a Bull Flag forming.
In normal conditions, Bull and Bear flags have about a 60% completion rate. In this scenario, we are looking at a number of bearish patterns which will probably affect its success rate further. It is fighting huge selling pressure.
That being said, if this breaks to the upside, BTC could see a strong move. Volume would have to spontaneously spring to support this. It is not impossible but it is hypothetical and it's important to understand that.
DOGEUSD(4Hr) : DOGE looking to fallMarket in the last 24hrs
DOGEUSD saw a consolidated bearish movement as the price can be seen moving along below the middle Bollinger band and constantly accepting it as a resistance line. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
DOGEUSD is expected to continue this bearish trend till it reaches the Bottom Bollinger band. If the price accepts the bottom band as a support line then we can expect some consolidation from the price else if the price rejects it as a support line then the bearish trend will continue.
Price volatility was low at approximately 2.77%, with the day's range between $0.211 — $0.228.
Price at the time of publishing: $0.213
DOGE’s market cap: $27.7 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
XRPUSD(4Hr) : XRP moving with low volatilityMarket in the last 24hrs
XRPUSD saw a consolidated momentum with price accepting the middle Bollinger band as a resistance line. The trading volume had been low and can be seen decreasing in the last 24 hours.
Today’s Trend analysis
XRP is expected to see a consolidated movement with a bearish indication. This movement is expected to be continued till the price reaches the Bottom Bollinger band. If the price accepts the bottom band as a support line then the price is expected to move in a bullish manner else the continuation of the bearish momentum is expected.
Price volatility was moderate at approximately 0.92%, with the day's range between $0.606— $0.648.
Price at the time of publishing: $0.627
XRP’s market cap: $28.9 Billion
However, the Indicator summary is giving a 'SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
The trading volume had been low and can be seen decreasing in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr) : DOGE moving with the BullsMarket in the last 24hrs
DOGEUSD saw an overall bullish trend. We saw the price accepting the lower Bollinger band as a support line which resulted in the said bullish momentum. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The price has reached the middle Bollinger band which usually acts as a good resistance line. The likely scenario is that the price accepts the middle band as a resistance line and the price will move back to its bearish momentum. If the price doesn't do that then we can expect it to move till it reaches the upper Bollinger band.
Price volatility was high at approximately 3.08%, with the day's range between $0.197 — $0.229.
Price at the time of publishing: $0.221
DOGE’s market cap: $28.83 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 11 are giving SELL signal, 1 is giving neutral and 3 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
XRPUSD(4Hr) : XRP to favor bullsMarket in the last 24hrs
XRPUSD saw a bearish trend in the last 24 hours and can be seen moving in upward momentum. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The current upward movement of XRPUSD suggests that the price has accepted the lower Bollinger band as a support line, so we can expect the price to reach the middle Bollinger band and then have a consolidated movement after that.
Price volatility was moderate at approximately 6.42%, with the day's range between $0.613— $0.67.
Price at the time of publishing: $0.627
XRP’s market cap: $28.7 Billion
However, the Indicator summary is giving a 'SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Traded volume remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr) : DOGE favoring bearish momentumMarket in the last 24hrs
In the past 24 hours, DOGEUSD has been moving in a bearish momentum and has been constantly rejecting the lower Bollinger band. Trading volume has been high in the last 24 hours. The increased volume can be seen decreasing lately with a decrease in price which could indicate a possible trend reversal soon.
Today’s Trend analysis
DOGEUSD is expected to continue this bearish momentum until the price accepts the lower Bollinger band as a support line. Then we can expect some consolidated movement with a slight indication of a bullish trend.
Price volatility was high at approximately 9.57%, with the day's range between $0.208 — $0.232.
Price at the time of publishing: $0.21
DOGE’s market cap: $27.4 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 6 are neutral and 3 are giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Trading volume has been high in the last 24 hours. The increased volume can be seen decreasing lately with a decrease in price which could indicate a possible trend reversal soon. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Bitcoin BTC Perspective is such a strange thing. You can live your entire life seeing things and believing in things in a certain way and in one day all of that can change. We are constantly modifying, adapting, and growing which is what makes our potential so complex and special.
What we see with our eyes may not be what's really in front of us. Our eyes fool us on a daily basis and most of all, our minds. Life is a psychological burden that must be constantly fought and persevered against.
Keep your mind clear, strong, and open to all things. Live your life full of mindfulness and live a much more understanding, happy, and peaceful one.
May happiness touch every one of you!
ETHUSD(4Hr) : ETH moving in a overall Bullish trendMarket in the last 24hrs
ETHUSD saw a slightly bullish trend in the last 24 and touched the upper Bollinger band and now can be seen doing in downward momentum. Trading volume has been low in the last 24 hours.
Today’s Trend analysis
Price is expected to see a downtrend till it reaches the middle Bollinger band. Then if the price accepts the middle band as a support line then we might see the price follow the bullish trend line. But if the price rejects it as a support line then we might see the continuation of the downtrend momentum of price.
Price volatility was low at approximately 2.34%, with the day's range between $2281— $2404.
Price at the time of publishing: $2369
ETH's market cap: $276 Billion
However, the Indicator summary is giving a 'BUY' signal on ETHUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving a SELL signal, 1 is neutral and 13 are giving a BUY signal.
Volumes have remained low in the past 24 hours. The above analysis is supposed to hold if we don't see a sudden spike in the volume.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
Note: Above analysis would hold if we do not encounter a sudden jump in trade volume.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr) : DOGE moving in consolidationMarket in the last 24hrs
DOGEUSD saw a consolidated movement in the last 24 hours with price moving between the middle and lower Bollinger band. The trading volume has been on the lower side of the spectrum and can be seen decreasing in the last 24 hours.
Today’s Trend analysis
The general trend of the price has been bullish for the last couple of days but the price mainly moved in a consolidated manner between the middle and lower Bollinger bands. The price is likely to continue to move in this manner until we see a sudden jump in the volume it any other fundamental factor affecting the price.
Price volatility was extremely low at approximately 0.6%, with the day's range between $0.23 — $0.238.
Price at the time of publishing: $0.253
DOGE’s market cap: $30.6 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 12 are giving SELL signal, 1 is giving neutral and 2 are giving a BUY signal.
Traded volume has been on the lower side of the spectrum and is constantly decreasing in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
SHIBUUSDT(4Hr) : SHIBU INU at a turning point.Market in the last 24hrs
SHIBUUSDT saw an overall bullish trend in the last 24 hours but the price can be seen moving down recently in the last couple of candles. Trading volume has been high in the last 24 hours.
Today’s Trend analysis
The price is at a crucial junction as it nears the middle Bollinger band which usually act as a strong support line but the general momentum of the price and indicators suggest a bearish trend in the future. If the price accepts the middle Bollinger band is accepted as a support line then we might see the price resume its bullish trend.
Price volatility remained high at approximately 12.05%, with the day's range between $0.0000093— $0.0000083.
Price at the time of publishing: $0.0000087
SHIBU’s market cap: $3.4 Billion
However, the Indicator summary is giving a 'BUY' signal on SHIBUUSDT.
Out of 11 Oscillator indicators, 0 are giving a SELL signal, 9 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 2 are giving SELL signal, 1 is giving neutral and 12 are giving a BUY signal.
Traded volume remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
XRP(1D) : XRP may see some bearish trend in the next 24 hoursMarket in the last 24hrs
XRPUSD saw a slightly bullish trend in the last 24 hours with price touching the middle Bollinger band. Trading volume has been moderate in the last 24 hours.
Today’s Trend analysis
Price is likely to see a bullish trend as it looks like the price has accepted the middle Bollinger band as a resistance line. We can expect the price to see a bearish trend till it reaches the lower Bollinger band and then a consolidated movement after that.
Price volatility remained low at approximately 1%, with the day's range between $0.649— $0.68.
Price at the time of publishing: $0.661
XRP’s market cap: $30.5 Billion
However, the Indicator summary is giving a 'SELL' signal on XRPUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Traded volume remained moderate in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGEUSD(4Hr) : DOGE may see some bullish trend in the next 24HrsMarket in the last 24hrs
DOGEUSD saw a major downtrend in the last 24 hours with price moving from the upper Bollinger band to below the lower Bollinger band. The trading volume has been on the lower side of the spectrum in the last 24 hours.
Today’s Trend analysis
The price is expected to see a slight uptrend till the price reaches the middle Bollinger band. An exception can also take place which is that price may reject the lower band as a support line then we might see continuation of the bearish trend.
Price volatility was extremely low at approximately 2.22%, with the day's range between $0.24 — $0.251.
Price at the time of publishing: $0.243
DOGE’s market cap: $31.7 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 8 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 13 are giving SELL signal, 1 is giving neutral and 1 is giving a BUY signal.
Traded volume has been on the lower side of the spectrum in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!