The total crypto market cap is declining and it is now trading below the $185.0B support.Bitcoin price is down 3% and it recently broke the $7,000 support area.Binance coin (BNB) price dived more than 8% below $14.00 and $13.50.Litecoin (LTC) price is sliding and trading well below the $40.00 support area.BCH price finally traded below…
Ripple price is down close to 6% and it broke the $0.2050 support area against the US dollar.The price is likely to continue lower below $0.2000 and $0.1980 in the near term.Earlier, there was a break below a couple of bearish continuation patterns with support near $0.2120 and $0.2050 on the hourly chart of the…
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar.The price is currently struggling to stay above the $7,000 support area.There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is likely to face…
Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar.The price is facing an uphill task and it could continue to move down below $140.There is a key bearish trend line forming with resistance near $143 on the hourly chart of ETH/USD (data feed via Kraken).The price remains at…
The total crypto market cap is trading well below the $192.0B and $200.0B resistance levels.Bitcoin price is struggling to stay above the main $7,000 support area.EOS price is declining and it is likely to trade below the $2.500 support area.Binance Coin (BNB) is approaching the key $14.00 support area.BCH price is still holding the main…
Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar.The price is now trading below $0.2150 and it could decline further below $0.2100.There is a crucial bearish trend line forming with resistance near $0.2180 on the hourly chart of the XRP/USD pair (data source from Kraken).There are high…
So-called safe-haven asset bitcoin appears mum as Trump hints an optimistic “phase one” deal with China and Boris Johnson wins the U.K. parliamentary election.The cryptocurrency risks more declines due to prevailing bearish bias.Strong technical support could send the price back towards $7,500-8,500 area.Bitcoin slipped towards $7,000 this weekend as signs of growth in the U.S.-China…
After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar.The price is currently trading in a bearish zone just above the $7,000 support area.There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is…
ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair…
Over the past few weeks, Bitcoin (BTC) has found itself consolidating in the low-$7,000s, holding this key support region as bears threaten the cryptocurrency’s demise. While this consolidation has been bullish, in that selling pressure has abated for weeks, setting the stage for a bullish reversal, a market cycle analysis by a popular crypto trader…