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Showing posts with the label bitcoin altcoin

Ripple : XRP Supported by Rising Trend line

XRP/USDT tested the rising trend line at 1.25$ and currently rebounding to 1.27$ , Stay long till we test bearish trend line again possibly at 1.34$. Ripple has tested the bearish trend line earlier but failed to break and as I mentioned earlier we are currently witnessing a war between the bulls (rising trend line ) and bears with bearish trend line. The angle lies at 1.30$ where it will forced to break either direction.So  stay long unless we break below the rising trend-line , next support will be 1.14$. Keep following for updates.

Bitshares supported at 0.000043 btc

Bts/btc (bitshares/bitcoin) is down 25% last week and has been down to 0.000038btc fro. 0.000053btc. On January 9 , bitshares started effectively its discounted subscription fee , this news should have boosted the altcoin , however it was down around 13% Technically speaking , bts/btc should find strong support around 0.000043 and start building a rising trend again probably targeting 0.00083 btc on the long run.