In a flat trend, Tether continues
In A Flat Trend, Tether Continues – USDT/USD trading at $1.0000 at the time of the analysis at the rate of +0.00% seeking towards the bulls.
The cryptocurrency market has a major influence on bears with slight bullish influence for the past few days and has its influence on all of the alt-coins. Currently, all the alt-coins are embracing the bears except Tether. Tether makes way to the bulls showing a rebellious nature. USDT/USD is in a flat trend from yesterday. The coin is stable and is straight flat in the market. At present Tether intends to move positively flat on the trend. The market is pretending to be unpredictable for investors. The coin aims to stay consistent and may either reach an area of resistance or area of support.
USDT/USD Price Analysis And Forecast For September 12th, 2019 -Flat Trend. The USDT/USD pair falls in the range of +0.00%. The Moving Averages at 0.9999 depict showcase flat trend lines with slight bulls. The MACD continues to indicate a flat line over the market without any hassle. The RSI at 48.56 moves monotonously flat with a bull forecast. The price ranges from $1.0000 – $1.0010
The corrections may lead the bears to take over the market with less involvement of sellers. The price may range from $1.0000 -0.9990.
Ethereum Takes A Dip
Ethereum Takes A Dip – ETH/USD trading at $176.65 at the time of the analysis with declines at the rate of -1.02 gives way to the bears.
The cryptocurrency market has a major influence of bears with slight bullish influence for the past few days and has its influence on all of the alt-coins. Currently all the alt-coins are embracing the bears except Tether. Tether makes way to the bulls showing a rebellious nature. Ethereum is in a dilemma of bulls as well as bears since 1 week. This may be due to the unpredictable behaviour of the market lately. At present Ethereum is taking a dip in the ocean of bears. The coin is deviating from the resistance area and aims to reach existing area of support.
ETH/USD Price Analysis And Forecast For september 12th, 2019 – Bear ladder. The pair ETH/USD is sloping negative at the rate of -1.00%. The moving averages at 177.59 seeks the bears. The orange and blue MACD’s at -0.41 and -0.36 depicts the struggle to move away from bearish zone. The RSI at 39.59 gives a view of steeper dip making its way to area of support. The price may range from $176.65 – $174.
Reverse scenario would give a twist to the bearish zone and end up initiating the bulls. Then the price may range from $176.65 – $178.
Monero Entertains The Bears
Monero Entertains The Bears – XLM/USD trading at $81.649 at the time of the analysis and tends to decline at -5.13. The cryptocurrency market raised with intense positive bulls with sudden drop to extend the bears. This maybe mainly due to buyers influencing the market as many alt-coins tend to overbuy and rest aiming to reach the support area. Currently all the alt coins make way to the bears. Monero breaks the bullish trend to bears since yesterday. XLM/USD has majorly influenced market to move towards the bear. The coin aims to test new areas of support.
XLM/USD Price Analysis And Forecast For August 21th 2019 – bear zone. The couple XLM/USD aims at testing new support areas decline at the rate of -5.05. The moving averages at 83.386 depicts bearish trend. The orange and blue MACD’s at -0.828 and -1.008 shows adverse decline. The RSI at 26.98 shows decrease in sellers participants as the buyers are playing majorly in the market. Its high time sellers need to start engaging themselves in the market. The price may vary from $81.649 – $80.00
Cancellation of the above decline might shift the trades with the sellers engaging themselves. Then the price may range from $81.649 – $83.965.
Cardano Extend The Bears
Cardano Extend The Bears – ADA/USD trading at $0.047322 at the time of the analysis and declines rapidly at -3.40. The cryptocurrency market raised with intense positive bulls with sudden drop to extend the bears. This maybe mainly due to buyers influencing the market as many alt-coins tend to overbuy and rest aiming to reach the support area. Currently all the alt coins make way to the bears. Like the rest of the alt-coins Cardano curb the bulls to capture the bears and continues to slope downward. Right now ADA/USD is in the influence of bearish zone. The coin aims to reach out the areas of support.
ADA/USD Price Analysis And Forecast For August 21th 2019 – bearish trend. The pair aims at testing support areas decline at the rate of -3.81. The moving averages at 0.048116 confirm the decline with a clean dip. The orange and blue MACD’s at -0.0003 and -0.0005 entertain the bears. The RSI at 28.05 shows decline as buyers influence the trade by over buying. The buyers can slow down as there are good chances of the price to further decline. The price may vary from $0.047322 – $0.040000.
Cancellation of the above decline can attract the sellers to start with the supply. The buyers may have exhausted the trades with the sellers taking charge. Then the price may range from $0.047322 – $0.048000
Stellar Engulf Bear Market
Stellar Engulf Bear Market – XLM/USD trading at $0.06958 at the time of the analysis and moves to the bears at the rate of -3.13%. The cryptocurrency market seems to look uncertain since a couple of days. The sudden rise and dip is creating twilight in the minds of traders. Currently all the alt-coins move towards the bears indicating negative slope. XML/USD was enjoying its bull past 2 days making its way near to 0.07200. Unfortunately Stellar at present embraces the bears moving all the way down. The coin aim at testing its areas of support.
XLM/USD Price Analysis And Forecast For August 20th, 2019 – Bears engulfed.The couple pair is moving towards the bears at the rate of -3.66%. The moving averages 0.07054 indicates bearish zone. The orange and blue MACD’s showcase the bears engulfing the market with downward push. The RSI at 37.55 depicts the buyers influence to buy more to reach areas of support. The price may range from $0.06958 – $0.06900.
However, the cancellation of bearish move will attract the sellers to take over the market and supply. This will have an adverse effect on the buying habits of the buyers. Then price may vary from $0.06958 – $0.0700.
Tether Continues Flat Trend
Tether Continues Flat Trend – USDT/USD trading at $1.0000 at the time of the analysis and makes way to flat trend at the rate of 0.00%. The cryptocurrency market seems to look uncertain since a couple of days. The sudden rise and dip is creating twilight in the minds of traders. Currently all the alt-coins move towards the bears indicating negative slope. Tether continues to move flat inconsiderable to the ups and downs. However, at present, Tether is straight horizontal and might give way to the bears soon. The coin aims to maintain a flat trend away from areas of resistance and support.
USDT/USD Price Analysis And Forecast For August 20th, 2019 – Flat trend.The pair is moves horizontal on trend at the rate of -0.1%. The moving averages 0.9999 indicates flat trend with the struggle to stay away from bears. The MACD’s depict a flat line with inconsiderate upward and downward push. The RSI at 54.61 shows horizontal stable line with no influence by sellers and buyers. The price may range from $1.0000 – $0.9995
Besides that cancellation of the flat trend may influence the sellers to supply more to reach areas of resistance.Then price may vary from $1.0000 – $1.1150.
Tron rolls up for the day
Tron rolls up for the day – TRX/USD trades at $0.018172 at the time of the analysis and inclining at the rate of +2.15%.
The cryptocurrency market was under the influence of bears past couple of days. The bear market ended for the day with a serious uptrend and almost all the alt-coins are making way to the bulls.Currently major alt-coins are in the note of positive trend except for tether, cardano and monero. Tron moves upward making greener bulls as sellers are over supplying to reach new resistance. The coin aims at testing a new level of area of resistance.
TRX/USD Price Analysis And Forecast For August 19th, 2019 – Bulls. Here the couple TRX/USD is leading the trend to ascend further at the rate of +2.18% hence moving towards bulls. The moving averages at 0.01`7988 indicate positive bullish trend lines. The orange and blue MACD’s at 0.000181 and 0.000182 indicate strong flat movements in the name of the bulls. The RSI at 67.82 insists sellers playing along the bulls trying to over grow the borders to oversell than required. The price may range from $0.018172 – $0.018500.
Cancellation to the above inclines may change positive moves to the bears which may make way for the buyers to influence the market. Then price may vary from $0.018172 – $0.018000.
Bitcoin Back To Upward Trend
Bitcoin Back To Upward Trend – BTC/USD is trading at $10721 at the time of analysis and moves upward at the rate of +3.75.
The cryptocurrency market was under the influence of bears past couple of days. The bear market ended for the day with a serious uptrend and almost all the alt-coins are making way to the bulls.Currently major alt-coins are in the note of positive trend except for tether, cardano and monero. Meanwhile, Bitcoin is showing a bullish trend trying to keep up its area of resistance. The coin aims to reach areas of resistance by making sellers more stronger to supply the necessary.
Bitcoin Back To Upward TrendBTC/USD Price Analysis Forecast for August 19th, 2019: Bullish market. The pair is sprouting at a rate of +3.69%. The exponential moving average at 10566.9 moves towards bullish zone. The orange and blue MACD’s at 55.2 and 90.4 indicate upward movement for further development in the name of the bulls. The RSI at 70.35 showcase sellers playing along with the bulls as they overbought than required and struggles to maintain the same as buyers are slightly influencing the market. The price may range from $10721 – $10800.
Cancellation to the above inclines may revert the resistance line alongside the buyers’ entry. Then price may vary from $10721 – $10700.
Bitcoin Cash In Its Initial Flat Trend
Bitcoin Cash In Its Initial Flat Trend – BCH/USD is trading at $312.84 at the time of the analysis and at the rate of -1.83 showing entry of bulls. Past few days the market is non-stop exhibiting a privileged bearish market on most of the alt-coins. The bears are currently affecting the cryptocurrency industry.This has resulted in leading many alt-coins to bearish zone. BCH is in the initial stages of its flat trend. This is why the amount of uncertainty is rising for investors. The sellers and buyers are in confused state with the investment decision. The market is pretending to be unpredictable for investors. All these facts point out that BitcoinCash is expecting a very unstable future.
BCH/USD Price Analysis And Forecast For August 16th 2019 – Flat Trend. The BCH/USD pair fall in the range at -1.74%. The Moving Averages at 309.92 depict showcase flat trend lines with slight bulls. The MACD’s orange and blue ranging at -1.33 and -1.23 indicates flat line over the market without any hassle. The RSI at 51.86 is moving monotonously flat with a prediction of bulls. The price ranges from $312.84 – $320.
The corrections may lead the bears take over the market with less involvement of sellers. The price may range from $312.84 – $ 300.
Dogecoin Fails To Keep Up Its Pace
Dogecoin Fails To Keep Up Its Pace – DOGE/USD is trading at $0.0025 at the time of the analysis and declines at the rate of -2.48 making way to the bears. Past few days the market is non-stop exhibiting a privileged bearish market on most of the alt-coins. Currently the crypto market is under bearish influence because of many technical factors. DOGE is continuously failing to maintain up with the demands, and it shows no important signs of advancement. This is why the amount of uncertainty is rising for investors who are prepared to invest in DOGE. Moreover, the value of DOGE is extremely influenced by market volatility. All these facts point out that DOGE is expecting a very unstable future, and investing in it can be a futile idea.
DOGE/USD Price Analysis And Forecast For August 16th 2019 – Bearish Downfall. The DOGE couple fall in the rate of -2.51%. The Moving Averages at 0.0026 predict bearish trendlines. The MACD lines moving lower and deeper into the decline. The RSI at 28.48 showcases wide display of buyers with an indication of over buying below the support level. The price may range from $0.0025 – $0.0023.
Further cancellation of the decline may have correction of trendlines moving upward with sellers intending to start with the supply. Then the price may range from $0.0025 – $0.0021.