Tag Archives: Further

Ethereum Classic (ETC) May Decline Further But Future Prospects Are Bright

Ethereum Classic (ETC) is handing by a thread as price trades lightly above the 50 day moving average. This is the only thing between ETC/USD holding its ground and crashing hard to a new low in 2019. So long as Bitcoin (BTC) continues to stall a move to the downside, Ethereum Classic (ETC) is expected to do the same. Continue reading Ethereum Classic (ETC) May Decline Further But Future Prospects Are Bright

Ripple Price Analysis: XRP Remains at Risk of Further Declines

There was a daily close below the $0.3000 support in ripple against the US Dollar. The XRP/USD pair declined further and broke many important supports near the $0.2900 level. Sellers were able to clear the key $0.2940 support and the 100 hourly simple moving average. It opened the doors for more losses and the price declined below the $0.2900 support level. It traded to a new monthly low at $0.2867 and it seems like sellers are in full control. At the moment, the price is consolidating losses above $0.2870, with no bullish angle. Continue reading Ripple Price Analysis: XRP Remains at Risk of Further Declines