Category: Economy

XRP Price Prediction – January 15

XRP/USD has been trading sideways for the past week as it seems that bulls can’t push its price above $0.30.

XRP/USD Market

Key Levels:

Resistance levels: $0.45, $0.50, $0.55

Support levels: $0.15, $0.10, $0.05

Earlier today, XRP/USD touches the daily high of $0.30 before giving a bearish signal at the time of writing, the coin is seen floating within the 9-day and 21-day moving averages as the technical indicator RSI (14) moves below 45-level. Meanwhile, a break below the channel could give the market enough strength to dig dip, but crossing above the moving averages might lead the market to a bullish scenario.

What to Expect from Ripple (XRP)

At the moment, the Ripple price keeps demonstrating a sign of weakness across its markets. Looking at the daily chart, XRP/USD market is down by 6.01%, reflecting a price drop in … Read more

LTC Price Prediction – January 14

LTC/USD manages to maintain its position above the 21-day MA, while the bulls are trying to defend the support at $140.

LTC/USD Market

Key Levels:

Resistance levels: $175, $185, $190

Support levels: $125, $120, $115

After being locked below the 9-day and 21-day moving averages on the price charts a few days ago, LTC/USD undergoes a much-needed break to the positive side as the market opens today. The coin is seen posting gains of around 1.9% in the last 24 hours, with the coin trading within the moving averages and at a price of $150.32 at the time of writing.

Where is LTC Price Going Next?

As the daily chart reveals, the Litecoin price resumes back in the middle of consolidation after a slight drop from $186 a few days ago. The price is now roaming around the $150 level. … Read more

XRP Price Prediction – January 13

The daily chart reveals that the Ripple price is range-bound as bulls fail to move the cryptocurrency to a new height.

XRP/USD Market

Key Levels:

Resistance levels: $0.50, $0.55, $0.60

Support levels: $0.15, $0.10, $0.005

According to the daily chart, XRP/USD is trading above the 9-day and the 21-day moving averages, the coin is also floating within the middle of the channel as the RSI (14) indicator moves in the same direction below the 50-level. The daily breakdown shows that the intraday support and resistance lie between $0.28 and $0.30 respectively.

What to Expect from Ripple (XRP)

Moreover, the Ripple price continues to demonstrate a sign of weakness across its markets. But on the other hand, the coin is up with 3.66% gains, reflecting a price rise in the market trading above the 9-day and 21-day moving average and the … Read more

Bitcoin (BTC) Price Prediction – January 13, 2021
On January 11, Bitcoin dropped to $31,327 but it immediately corrected upward to $36,656. However, the correction was short-lived as the BTC price continued with its downward move. As BTC/USD faced rejection at $36,500, there is the possibility of further decline.

Resistance Levels: $45,000, $46,000, $47,000
Support Levels: $35,000, $34,000, $33,000

Bitcoin has been falling because it has been trading in an overbought condition for the past weeks. In vertical rallies, there is a tendency for a sharp decline. Since January 10, the BTC price has declined from $41,066.20 to $31,327. Buyers reacted at this low as the coin moved up to face another rejection at the recent high. The selling pressure has resumed as the crypto may further drop to $30,635.

Nonetheless, the coin may resume upside momentum if the current support holds. Otherwise, a retest … Read more