Bitcoin is declining and trading below the key $7,800 support against the US Dollar. BTC price could soon test the main $7,400-$7,500 support area where the bulls might take a stand.Bitcoin is extending losses and it may even slide below the $7,600 area against the US Dollar.The bulls are likely to take a strong stand…
Bitcoin price formed a support base near $3,370 and recovered higher above $3,450 against the US Dollar. There was a break above a major contracting triangle with resistance at $3,440 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair seems to be approaching a couple of important resistances near $3,500…
Stablecoin Tether (Ticker: USDT) has replaced EOS to become the fourth largest cryptocurrency by market capitalization, showing weakness in crypto markets. The inclination follows the cryptocurrency market’s depressive performance this Monday. Over the last 24 hours, the price of all the top coins, including Bitcoin, Ripple, Ethereum, and others, trended in a negative region. Similarly,…
Bitcoin price is diving below the $8,340 and $8,200 support levels against the US Dollar. The price is approaching the key $8,000 support area, where the bulls may take a stand. There is a short term declining channel forming with resistance near $8,165 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Ethereum rallied so far and fast in 2017 that there was a point at which analysts were expecting the market capitalization of ETH to flip that of Bitcoin. Fittingly, this event was dubbed the “flippening.”But since the 2018 all-time high, the cryptocurrency has deflated massively. One Ethereum used to buy close around 0.15 BTC, but…
Ripple is following a bullish path from the $0.2780 pivot zone against the US Dollar. XRP price is currently trading above $0.2850 and facing crucial hurdles near $0.2950. Ripple is trading in a positive zone above the $0.2850 support zone against the US dollar. The price must stay above $0.2850 and the 100 hourly SMA…
Binance coin price started a downside correction from well above $15.00 against the USDT. BNB price is now approaching a strong buy zone, which is likely to stage another rally.Binance coin price is trading below the $15.00 and $14.80 pivot levels against the USDT.Bitcoin started a major downside correction and declined below $8,000.There is an…
ETH price started a strong upward move and broke the key $300 barrier against the US Dollar. Bitcoin price gained momentum above $10,000 and $11,000 levels and is currently consolidating. There is a major ascending channel in place with support near $305 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is…
Bitcoin price is down over 2% and it faced another rejection below $11,000 against the US Dollar. BTC remains at a risk of more losses below $10,350 and $10,250. Bitcoin is failed again to clear the main $10,950 and $11,000 resistance levels. The price is down over 2%, and it is trading below the $10,700…
Bitcoin price settled above the key $5,000 hurdle and tested the $5,240 resistance against the US Dollar. The price faced a strong selling interest near the main technical barrier at $5,240-5,260. There is a major connecting bullish trend line formed with support near $4,200 on the daily chart of the BTC/USD pair (data feed from…