Following some heavy losses last week, the majors are back in the red at the start of the week, leaving the bears firmly in the driving seat as the year comes to a close.
A shaky start to the day draws in some in buyers to drive NEO, with the bulls targeting $8.00 levels. Holding onto $7.20 levels will be key
Key HighlightsEthereum slid by 17.45% on Monday, following on from last week’s 16.14% fall, to end the day at $145.21A start of a day intraday high $175.92 fell short of the first major resistance level at $180.A slide to a late in the day intraday low and new swing low
Key HighlightsNEM’s XEM fell by 2.52% on Tuesday, partially reversing Monday’s 20.41% rally, to end the day at $0.10948.A start of a day intraday low $0.10743 saw NEM’s XEM hold above the day’s first major support level at $0.0974.NEM’s XEM rallied to a mid-morning intraday high $0.12579, breaking through the
Price behavior in BTC has managed to hold up in an incredibly resilient fashion, and this brightens the outlook for those bullish on the space as we head into the final weeks of this year.
After a period of slight correction (retracement), XRP/USD has found near-term support which may work as a platform in sending the crypto pair higher.
Against the U.S. dollar Bitcoin Cash has rallied sharply since the beginning of the month, and BCH/USD is currently posting a corrective move as a means to work off its overbought price conditions.
Key HighlightsNEM’s XEM rallied by 20.41% on Monday, following a 0.55% fall on Sunday, to end the day at $0.11243.A mid-morning intraday low $0.09203 called on support at the first major support level at $0.092 ahead of a late morning rally.The late morning rally saw NEM’s XEM break through the
Bitcoin was bullish for the majority of last week, hitting new monthly high’s on optimism for more institutional investments, but it returned some of its recent gains on regulatory jitters. The SEC reportedly ended its public comment period on Bitcoin ETF applications, which suggests that a decision could be announced
Bitcoin Cash Sees More RedBitcoin Cash fell by 2.78% on Monday, following on from a 4.1% slide on Sunday, to end the day at $520.6.A bearish start to the day saw Bitcoin Cash slide to a late morning intraday low $504.7, Bitcoin Cash sliding through the first major support level
Key HighlightsEOS gained 1.13% on Sunday, following a 0.44% rise in Saturday, to end the day at $5.4910.EOS fell through the first major support level at $5.397 and second major support level at $5.3641 to an early afternoon intraday low $5.2920.A late rally saw EOS break through the first major