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Showing posts with the label bearish movement

NEOUSD Price Prediction; Bulls May Take Over NEO Market Soon

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Join Our Telegram channel to stay up to date on breaking news coverage Can NEO Decline Below $7.3 Support Level? NEOUSD Price Analysis – October 18 When the bulls increase their momentum, resistance level of $7.9 may be penetrated, which may increase to $8.8 and $9.3 resistance level. Failure to break up $7.9 resistance level by the bulls,  NEO may result to bearish movement towards $7.3, $6.2 and $5.0 levels. Key Levels: Resistance levels: $7.9, $8.8, $9.3 Support levels: $7.3, $6.2, $5.0 NEO/USD Long-term Trend: Bearish NEO/USD is on the bearish movement on the long-term outlook. The bearish movement commenced on 13 August at the high of $11.2. The resistance level of $11.2 withstand the bullish pressure. The bears acquire more momentum and the coin is pushed below the $9. 3 price level where it extends to $7.9 support level. Bulls made attempt to pull back the price but bears prevailed. The price penetrated the support level of $7.9 and $7.3 level was tes...

Ripple (XRPUSD) Price Prediction: Support Level of $0.43 May Be Retested

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Join Our Telegram channel to stay up to date on breaking news coverage Sellers are dominating Ripple market When sellers gain more momentum, the support level of $0.45 may be broken downside and the support level of $0.43 may be tested, which may extend to $0.39 level. In case the Bulls interrupt the bears at $0.45 level, the resistance level of $0.47 may be penetrated, Ripple may increase to $0.50 and $0.52 levels. XRPUSD Price Analysis – October 16 Key Levels: Supply levels: $0.47, $0.50, $0.52 Demand levels: $0.45, $0.43, $0.39 XRP/USD Price Medium-term Trend: Bearish XRP/USD is bearish on the medium-term outlook. The crypto was on the strong bullish movement last week. The bullish trend broke up the resistance levels such as $0.43, and the price is placed at the resistance level of $0.56; this is the second time price will be testing the mentioned level. It means that double top chart pattern formed at the level. It is a bearish pattern, the coin obey the comman...