Cryptocurrency Analysis and Prediction: Bitcoin, Tron, and Ripple - The Merkle Hash
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Both cryptocurrencies are trading on a sideways trend. This shows that there is a lack of market momentum and confidence in the crypto. Both are undergoing a bearish outlook with all indicators supporting the downward price rally. In most instances, previous supports have been dropped as the downtrend continues. Besides, all the significant levels have been tested severally. On the hourly charts, the 21 day MA is above the 7 day MA during the last hour. This, therefore, predicts a downward price movement in the coming few hours. BTC/USD The leading cryptocurrency is trading on a sideways trend during the
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