CHAINLINK Price Prediction Today: Daily (LINK) Value Forecast – July 9

These-Are-Reasons-Behind-Chainlinks-Surge-During-the-Past-Month
  • The short and medium-term outlook is in the bearish trend.
  • Traders may look to take sell positions at pullback areas.

Supply zone: $4.00, $4.50, $5.00
Demand zone: $2.50, $2.00, $1.50

CHAINLINK is in a downtrend in the medium-term outlook. The bears’ brief pressure during yesterday session pushed price up to $3.60 in the supply area before to lost to the bears. $3.220 in the demand are was yesterday low. The bears remained in control as the market open today at $3.35. With increased momentum, the cryptocurrency dropped to $2.92 in the demand area.

Price is down to $4.68 below the two EMAs as the bears continue the ride down south in the medium,-term.

The signal of the stochastic oscillator points up at 19% in the oversold region. These suggest a downward momentum in price of the cryptocurrency.

$2.50 in the demand area is on the card as more sellers take positions in the market.

LINK/USD Short-term Trend: Bearish

The short-term outlook of the cryptocurrency remains in a downtrend. Although the market opened on a bullish note at $3.28 as price rose to $3.35 in the supply area. The bulls lack the pressure to push the coin as the bears took control of the market.

$2.95 in the demand area was the low before minor bullish movement. This should be seen as a correction and confirmation of bearish continuation.

As long as price is below the 50-EMA and the stochastic oscillator point down the bears will sustain the movement down south with $4.68 in the demand area as a target.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

LISK Price Prediction Today: Daily (LSK) Value Forecast – July 9

  • The short and medium-term outlook is in the downtrend.
  • Readers may consider selling at key area.

Supply zone: $3.00, $3.50, $4.00
Demand zone: $2.00, $1.50, $1.00

LSKUSD continues in a bearish trend in the medium-term outlook. The bullish exhaustion at $1.78 around the trendline during yesterday session returned the bears. The confluence from the inverted bearish hammer coupled with the resistance at the 50-EMA all confirm the downward movement of the coin as price fell to $1.61 before the end of the session.

The 4-hour opening candle at $1.68 closed bearish doji with the next candle a bearish confirmed the bears’ control. The cryptocurrency plunged further down to $1.55 in the demand area as the bearish momentum increased.

$1.50 in the demand area is the bears’ target with pressure getting much stronger as the journey down south continues as confirmed by the signal of the stochastic oscillator pointing down at 21%.

LSK/USD Short-term Trend: Bearish

LSK continues in a bearish trend in the short-term outlook. The large engulfing candle at $1.75 during yesterday session signaled the bears’ takeover of the market. Today’s market opened on a bearish note at $1.67. The coin dropped initial to $1.57 and later to $1.54 in the demand area.

The two EMAs fanned apart which connote strength in the context of the trend and in this case the downtrend. The stochastic oscillator signal points down at 20% suggesting downward momentum in price in the short-term.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

SKYCOIN Price Prediction Today: Daily (SKY) Value Forecast – June 21

Skycoin fiber
  • The short and medium-term outlook is in the bullish trend.
  • Traders may look to buy at pullback area.

Supply zones: $2.00, $2.20, $2.40
Demand zones: $1.00, $0.80, $0.60

SKYUSD is in an uptrend in the medium-term outlook. The breakout at the key resistance area of $1.80 with a large bullish candle shows the bulls dominance as the market opens today. The cryptocurrency rose to $1.97 in the supply area before the exhaustion sets in for the minor bears draw down of price.

$1.80 in the demand area was the point the bears drop the coin before the loss in momentum. This was a retest that confirms the bullish continuation in the medium-term.

Price is up at $1.93 in the supply area above the two EMAs which suggest strong bullish pressure in the market which may lead to further upward price movement.

The journey to $2.50 in the supply area is on with the signal of the stochastic oscillator at 73%.

SKY/USD Short-term Trend-Bullish

The cryptocurrency is in a bullish trend in the short-term outlook. The bulls had control of the market as it opens today at $1.73. SKYUSD rose initially to $1.80 and later to $1.96 in the supply area due to increased bullish momentum.

Price is above the two EMAs which are fanned apart. This implies strength in the context of the trend and in this case the uptrend.

The stochastic oscillator signal pointy up at 61% suggesting upward momentum in price in the short term.

$2.00 is the initial target as pressure on price becomes much stronger toward the upsides

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

CRYPTO.COM CHAIN Price Prediction Today: Daily (CRO) Value Forecast – June 20

  • The short and medium-term outlook is in Tthe uptrend.
  • Responsible buying may be considered.

Supply zones: 0.0000086, 0.0000088, 0.0000090
Demand zones: 0.0000030, 0.0000020, 0.0000010

The cryptocurrency is in an uptrend in its medium-term outlook. Shortly after yesterday opening, the bulls briefly push the coin to $0.0000074 and lost momentum at the trendline. The bounce was expected as the bears stage a gradual return with a bearish spinning top.

Increased momentum drops the coin at $0.0000067 before the end of yesterday session.
The bears sustained the momentum as the market opens today as CROBTC fell to $0.0000064 closing the candle as a bullish doji an indication of an imminent trend reversal.

The bulls area currently in control of the market with a target at the trendline in the medium-term. This is further confirmed by the signal of the stochastic oscillator as it points up at 38% suggesting upward momentum. $0.0000072 at the trendline is the bulls target.

CRO/BTC Short-term Trend: Bullish

CRO/BTC is in an uptrend in its short-term outlook. The bulls took control of the market at $0.0000064 after the formation of the bullish spinning top. Price rose to $0.0000070 breaking the resistance at the 10-EMA.

The stochastic oscillator signal points up at 51% an indication of upward momentum in prices of the cryptocurrency.

Price is above the 10-EMA an indication of bullish pressure. With more buyers taking positions $0.0000071 in the supply area may be retested.

Please add a valid coin_id. You can get it from coin page’s url (slug or short name).

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

RAVENCOIN Price Prediction Today: Daily (RVN) Value Forecast – June 10

Ravencoin Grows 20% And Continues to See RVN Token Surge in the Crypto Market
  • The short term is in a bullish trend while the medium-term outlook is in a range-bound market.
  • Patience should be exercised trading the consolidation.

RVN/USD Medium-term Trend: Ranging

Supply zone: $0.09000, $0.11000, $0.12000
Demand zone: $0.05000, $0.04000, $0.030000

RVNUSD is in a range-bound market in the medium-term outlook. The cryptocurrency enters into consolidation from 4th June. The bulls retained the control of the market from 6th June after the bullish marubuzo candle formation breaking the resistance at the 10-EMA. Exhaustion was noticed at $0.07127 in the supply area as the bears stage a return within the range during yesterday session.

$0.06065 in the demand area was the low the bears’ pressure on price could go as the bulls gather for another journey to the upper supply area during today’s session. This was further justified by the signal of the stochastic oscillator pointing up at 60%.

RVNUSD is in consolidation and trading between $0.07200 in the upper supply area and at $0.05800 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence patience is required to allow this to happen before a position is taken.

RVN/USD Short-term Trend: Bullish

The bulls sign of the dominance of the market occurred as today’s market opens with a bullish candle at $0.06209. The break out the key resistance at 10 and 50-EMAs confirmed the bulls takeover. RVNUSD rose to $0.06821 in the supply area.

The formation of the bullish flash was to serve as a correction in the market and also to confirm the bullish continuation.

$0.07100 in the supply area is the bulls initial target in the short-term.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

ZCASH Price Prediction Today: Daily (ZEC) Value Forecast – June 6

Zcash-ZEC-Hashrates-Explode-And-Mining-Profitability-Takes-a-Toll
  • The short and medium-term outlook is in the downtrend.
  • Traders may consider selling at pullback areas with bearish reversal candlesticks.

ZEC/USD Medium-term Trend: Bearish

Supply zones: $90.00, $95.00, $100.00
Demand zones: $50.0000, $40.00, $30.00

ZECUSD is in a bearish trend in the medium-term outlook. The bears were obviously in control after the two EMAs were broken on 3rd June. The cryptocurrency had been on a downtrend with lower low each day.

Despite a bullish 4-hour candle at $80.54 as the market opens today, price drops further low at $76.04 in the demand area due to the sustained bearish momentum.

The signal of the stochastic oscillator points down at 49% and price is below the two EMAs. These suggest the bears may continue to push price down south as more sellers take a new position in the market in the medium-term.

ZEC/USD Short-term Trend: Bearish

The cryptocurrency is in a downtrend in the short-term outlook. Today’s 1-hour opening candle at $90.00 sustained the bullish momentum arising from the railroad that emerges on 4th Junes. ZECUSD rose to $81.41 a key supply area.

The bears gradual retuned was noticed by the break of the two EMAs and the cryptocurrency dropped to $76.24 in the demand area.

The downward price movement remained strong as indicated by the signal of the stochastic oscillator. $75.00 in the demand area is the bears’ initial target in the short-term.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

WANCHAIN Price Prediction Today: Daily (WAN) Value Forecast – June 5

Wanchain Officially Provides Integration Support for MakerDAO's Dai Stablecoin
  • The short and medium-term outlook is in a bearish trend.
  • Responsible selling at key areas recommended.

WAN/USD Medium-term Trend: Bearish

Supply zone: $0.7000, $0.8000, $0.9000
Demand zone: $0.3000, $0.2000, $0.1000

WANUSD is in the downtrend in the medium-term outlook. The bears’ pressure on price remained strong in the medium-term. $0.4095 was the low of yesterday session as the cryptocurrency show a bearish pennant formation.

Today’s 4-hour opening candle at $0.4331 was bullish, the cryptocurrency was up at $0.4579 in the supply area and lost momentum due to the bearish doji formation.

$0.4204 at the lower line of the pennant saw the bears lost the control of the market to allow for a correction before the imminent drop in the medium-term as confirmed by the signal of the stochastic oscillator pointing down at 35%.

$0.3800 in the demand area is the bears’ initial target as price breaks out from the lower triangle.

WAN/USD Short-term Trend: Bearish

The short-term outlook of the cryptocurrency is a downtrend. The 1-hour opening candle at $0.4224 sustained the brief bullish momentum. WANUSD rose to $0.4569 at the trendline.

The presence of wicks at this area denotes exhaustion of bullish momentum and resistance against upward price movement and subsequently the bears’ return.

With price down at $0.4333, below the two EMAs and the stochastic oscillator signal pointing down at 41%, these imply a downward movement in price of the cryptocurrency with $0.4100 as the initial target.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

DECRED Price Prediction Today: Daily (DCR) Value Forecast – June 4

Decred Outlines Decentralized Exchange Plans
  • The short and medium-term outlook is in a downtrend.
  • Selling at key areas may be considered.

DCR/USD Medium-term Trend: Bearish

Supply zone: $30.00, $35.00, $40.00
Demand zone: $15.00, $10.00, $5.00

DCRUSD is in a bearish trend in the medium-term outlook. The break of the two EMAs by the bearish candle shortly after yesterday opening at $28.53 was a confirmation of the bears’ takeover of the market.

The cryptocurrency dropped to $27.16 in the demand area before bearish flag formation that led to a further drop to $26.30 before the end of the session.

The bears continued to push price further downward as today session opened on a bearish note at $26.72. Increased pressure led to a further drop to $25.29 created the second flag and the bears returned for another drop to $24.69 in the demand area.

The third bearish flag is currently unfolding which may also return the bears for another drop to the south with $23.00 as the initial target in the medium-term.

DCR/USD Short-term Trend: Bearish

The journey down south by the bears began as the market opens yesterday 3rd June with a bearish candle at $29.15. The cryptocurrency fell to $27.13 as the low of the day before the end of the session.

Todays saw session was dominated by the bears with a large bearish candle at $27.88. DCRUSD was down initially at $25.29 and created a flag. Increased bearish pressure led to the break from the flag and price dropped $24.69 in the demand area.

Currently, a flag is been created which was necessary for the market correction and to confirm the downtrend continuation.

Please add a valid coin_id. You can get it from coin page’s url (slug or short name).

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

ANGUR Price Prediction Today: Daily (REP) Value Forecast – June 4

Augur (REP) Decentralized Prediction Markets Will Be Extremely Difficult to Stop from Existing
  • The short and medium-term outlook is in a bearish trend.
  • More sellers may take a position in the medium-term.

REP/USD Medium-term Trend: Bearish

Supply zone: $20.00, $22.00, $24.00
Demand zone: $10.00, $9.8.0, $9.60

AUGUR is in a bearish trend in the medium-term outlook. $18.40 in the demand area was yesterday low as the bears’ pressure on the cryptocurrency before the end of the session.

Today’s 4-hour opening candle at $18.40 was a bearish marubozu suggesting bears full market domination. REPUSD dropped initially to $17.51 and later to $16.88 in the demand area after a brief flag formation.

A minor flag may be formed before the bears continued the journey down south.

With price below the two EMAs that area fanned apart and the signal of the stochastic oscillator pointing down at 11% in the oversold region, it suggests downward movement in price due to bearish momentum.

REP/USD Short-term Trend: Bearish

Today’s 1-hour opening candle at $19.21 was large and bearish. REPUSD dropped to $17.76 and created a descending channel which was a signal for the bearish continuation. A large bearish candle at $17.86 broke out of the channel with a further drop to $16.88 in the demand area.

A minor correction is necessary to confirm the bearish continuation. $15.00 is the bears’ initial target in the short term as more candles opened and closed below the two EMAs.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

Bitcoin Parabola Still Intact, Price Explosion to Benefit These Two “Surprising” Additions to Bitcoin Billionaire List

Bitcoin Parabola Still Intact, Price Explosion to Benefit These Two “Surprising” Additions to Bitcoin Billionaire List
  • Interest from institutions and non-crypto pubic growing
  • The short term and parabolic rise still intact, however, each bull cycle keeps on rising

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The Bitcoin rich list led by Satoshi Nakamoto includes Bulgaria and the US government as well. In past 3 days, Bitcoin fell down from going above $9,000 to below $8,000, however, it was just a tiny bump in its way to the moon. Bitcoin bull trend remains unbroken despite the loss of more than $1000 in a few hours seen on May 30.

In the short term, Bitcoin is in a wedge that cryptocurrency trader and investor Josh Rager says could present an opportunity to short. However, with dollar expected to roll over in the next few months, Bitcoin might take an upswing.

Interest from Institutions and Non-Crypto Pubic Growing

May has been without any doubt one of the biggest gainers not just in 2019 or 2018 but since 2017. It is further validated by Binance’s latest report where it states May was “a much more active month in terms of OTC trading” compared to March and April.

Almost 40 percent premium for Grayscale Bitcoin Trust over BTC spot price at the end of last month further means institutional investors are “growing their exposure to digital assets and cryptocurrencies” wrote Binance. The month also saw interest from the non-crypto public and it continues to build.

This interest is building in the expectation of another bull run in the wake of the upcoming halving event in 2020. And the parabolic rise of Bitcoin that leads to such bull cycles is still very much intact.

However, these bull cycles are becoming increasingly longer for Bitcoin. The first one in 2011 was 245 days long while the second one was of 742 days length. The last bull cycle in 2017 was of 840 days long, so the next one is expected to be even longer say 903 days.

Bitcoin Rich List

As Bitcoin goes through its parabolic rise, it is expected to hit $1 million, though there are such bold predictions made by some like John McAfee, it is hard to know yet if we will go that high or even higher.

Whatever may be the price, if we take a look at the Bitcoin billionaire list, the first spot is the most obvious one that is unknown BTC creator Satoshi Nakamoto who owns 1.1 million BTC. However, what’s interesting is the second spot that goes to Bulgaria government that has 213,519 BTC.

The next six positions goes to Winklevoss twins (1,76,000), Roger Ver (50,000), Barry Silbert (48,000), Anthony Gallippi (34,000), Tim Draper (30,000), and Charlie Shrem (20,000).

Another surprising addition is of the US government that has about 10,000 BTC. The US government has actually confiscated 453,000 BTC which is at 2.6% of the total circulating supply that came from Silk road and SELEC.

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Author: AnTy