NEO price analysis shows that the cryptocurrency has reversed lower after failing to move price above a large falling wedge pattern. The $10.00 level is a major pivot point to watch.
TRON is on the rise alongside the rest of the cryptocurrency market, with the Chinese cryptocurrency breaking out above its key 200-day moving average.
Litecoin is starting to appear more bullish as the seventh-largest cryptocurrency tracks the broader market higher.
Ethereum price analysis indicates that a major upside breakout is now in play. A bullish inverted head and shoulders pattern has been activated on the lower time frames.
Crypto Index analysis suggests that more short and medium-term gains appear likely. A breakout above the 47,000 level could provoke a 10,000 point rally.
Stellar Lumen price analysis shows a bearish reversal pattern will form if the XLM/USD pair falls towards the $0.060 level. The cryptocurrency is still technically bullish while price trades above the $0.057 level.
NEO price analysis indicates that more gains towards the $9.60 to $10.00 level appear likely. The recent advance has created negative MACD price divergence.
Stellar Lumen price analysis shows that a bullish reversal pattern has formed after last weeks strong rally. Bulls could test towards the current 2020 trading high.
Crypto Index analysis indicates that a rally towards the 47,000 level could take place over the medium-term. Gains above the 39,000 level should be considered a positive short-term development.
Litecoin price analysis highlights that bulls need to keep price above the $37.00 level. Gains above the $47.00 level could prompt a rally towards the $60.00 and possibly the $65.00 level.
Bitcoin Cash price analysis shows that price is currently working within a broadening wedge pattern.Th $320.00 to $345.00 levels are seen as extended resistance above the $300.00 level.
Ethereum price analysis indicates that buying interest towards the cryptocurrency is increasing. Bulls may soon launch an attack towards the ETH/USD pair’s 200-day moving average.
NEO technical analysis indicates that a recovery towards the $8.30 level may take place. Both short and medium-term analysis highlight the $8.30 level as a near-term bullish target.
Bitcoin price chart analysis shows that a rally above the $7,000 level could provoke a breakout towards the $8,150 level. A break under the $6,000 level should be considered bearish.
Bitcoin Cash price analysis highlights that the $198.00 level is a key pivot point to watch this week. A breakout above the $248.00 could see the BCH/USD rallying towards the $300.00 level.