The total crypto market cap is struggling to stay above the $225.0B support area. Bitcoin price is down around 3% and it is trading well below the $9,000 level. Litecoin (LTC) price is declining, but it is still trading above the $60.00 support area. BCH price failed to surpass the $300 resistance and is correcting…
ETH price declined recently below the $188 and $186 support levels against the US Dollar. The price is still trading above the key $180 and $178 support levels. There is a crucial bullish trend line forming with support near $180 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could start a…
After consolidating above $9,000, bitcoin declined heavily against the US Dollar. The price is currently trading in a bearish zone, with a close below $9,000 and $8,920. There was a break below a major contracting triangle with support near $9,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The price is…
As you are likely aware, Bitcoin (BTC) hasn’t done too well over the past two-odd days. Since Friday, the cryptocurrency has shed 6% of its value, tanking from $9,250 to $8,700 in a strong move lower that came after nearly two weeks of bullish consolidation above $9,000. Despite this relatively mild price action, which wasn’t…
Two weeks ago, Bitcoin price set a record for its third-largest 24-hour gain in the young asset’s short history, rocketing from $7,400 to $10,500 from low to high. After weeks of consolidation, the crypto asset has run out of steam and has begun to fall, first breaking below support at $9,000 where it is currently…
Bitcoin price is struggling to rebound and declining below the $9,300 support against the US Dollar. The price is likely to accelerate decline if it breaks the $9,120 support area. There is a major bearish trend line forming with resistance near $9,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). Similarly,…
The total crypto market cap is currently consolidating in a range above the $232.0B support area. Bitcoin price is holding the $9,200 support area, but it is also facing hurdles near $9,400. BCH price is currently correcting lower after it failed to break the $300 resistance. EOS price is consolidating near $3.500 and it could…
Ripple price is showing bearish signs and recently declined below $0.2980 against the US dollar. The price is currently consolidating losses above $0.2850 after it traded as low as $0.2746. There is a short term breakout pattern forming with resistance near $0.2910 on the hourly chart of the XRP/USD pair (data source from Kraken). If…
Ethereum price is struggling to climb above the $192 and $195 resistances against the US Dollar. It seems like a head and shoulders pattern forming with support near the $188 and $186 levels. This week’s key bullish trend line is intact with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).…
The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda. The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that SDF showed excessive control over the blockchain asset when they cut down its supply…