Bitcoin price started a downside correction after rallying to a new 2020 high near $8,460 against the US Dollar. BTC corrected $500, but the price is still above many key supports.Bitcoin failed to continue above $8,500 and started a downside correction against the US Dollar.There was a significant correction below the $8,200 and $8,080 support…
Bitcoin is showing first signs of a weakening upside momentum as traders adjust their sentiments near key resistance areas.The benchmark asset on Wednesday plunged by up to 3.15 percent in what appears to be a corrective action. The move downhill prompted it to establish an intraday low of $8,202.57 on Coinbase. It also escalated the…
Bitcoin could establish a new all-time high above the $20,000 level in 2020 as it hits crossroads with a bias-defining indicator.The benchmark cryptocurrency’s latest move uphill prompted it to retest its 20-weekly moving average on Wednesday. The technical indicator is conclusively accurate when it comes to defining bitcoin’s long-term trends. When the cryptocurrency breaks above…
Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000.Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar.A new 2020 high is formed near $8,464 and the price…
Ripple extended its rally and traded towards the $0.2250 resistance against the US Dollar. Recently, XRP corrected sharply, but bitcoin managed to pop above $8,000 and $8,200.Ripple price is trimming gains and it even dived to test the $0.2080 support against the US dollar.Bitcoin remained in a positive trend and it surged above the key…
Ethereum rising steadily above the $142 and $145 resistance levels versus the US Dollar. Besides, bitcoin surged close to 5% above $8,400, opening the doors for an upside break in ETH above $150.Ether price traded to a new 2020 high at $148 and it is currently consolidating against the US Dollar.The price seems to be…
After seeing a small retracement (as predicted in one of NewBTC’s Bitcoin analysis articles), BTC continued to rocket higher on Tuesday. As of the time of writing this, the leading cryptocurrency has tapped $8,100 for the first time in literal weeks — in six weeks, to be exact — managing to surmount that level on…
In the period between June 2017 and 2018, Block.one raised $4 billion via the sales of its native cryptocurrency, EOS. More than a year later, the token associated with the Cayman Islands-based startup has lost over 30 percent of its value due to massive price declines and a lack of authentic users.The EOS-to-dollar exchange rate…
Over the past few days, Bitcoin (BTC) has exploded higher, with buyers stepping in after weeks of inactivity. This buying pressure allowed the cryptocurrency to reach a multi-week high at $8,000 on Tuesday morning.Related Reading: Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests SoWhile the bullish momentum has since slowed, analysts are currently starting…
XRP, Ripple’s native cryptocurrency which increased by more than 15 percent in merely two days, will be delisted from BITBOX. The exchange is operated by Japan’s biggest messaging application LINE.Why is XRP being delisted, and what impact will it have?In a standard statement, the BITBOX team said that it actively observes every cryptocurrency listed on…