Author: Dmitriy Gurkovskiy

XRP Price Analysis for June 5th – XRP Lost Its Way

By Dmitriy Gurkovskiy, author at RoboForex Blog By Friday, June 5th, the activity of the XRP has fallen almost to zero. The cryptocurrency stands still, trading at 0.2042 USD. On D1, the Ripple technical picture looks typical for most cryptocurrencies. The pair keeps testing the lower border of the ascending channel, trading above 38.2% Fibo. At this stage, it may mean that the pair is accumulating power for the development of …
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Cardano Price Analysis for June 2nd – ADA Remains Optimistic

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, June 2nd, the ADA remains positive, looking upwards. It is generally trading at 0.0816 USD. Last week, the ADA attracted the attention of the market, growing significantly. On Friday, May 29th, its price increased by 14%, having fundamental reasons for such growth. On D1, ADA/USD keeps developing an uptrend. Technically, speaking, the price is testing the upper border of the ascending channel. …
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Bitcoin Price Analysis for May 29th – BTC Going to Grow

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 29th, the BTC has grown steeply and is aiming upwards. It is generally trading at 9632.50 USD. On D1, the picture has hardly changed since last week. The pair keeps trading the upper border of the descending channel, trading between 50.0% and 61.8% Fibo. After yet another test of 61.8%, a pullback is becoming more and more probable. The aim of …
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Tron Price Analysis for May 26th – TRX Consolidating

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 26th, the TRX demonstrates no clear priorities, generally trading at 0.0146 USD. On D1, TRX/USD keeps moving sideways inside a horizontal channel. In the nearest future, the quotations may slightly decline to 0.0140 USD. Judging by the instrument’s weak volatility, we should not expect any activity at this stage. The MACD histogram is below zero, indicating a possible decline. The signal …
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