Bitcoin price is up around 3% and it climbed above the $9,400 resistance against the US Dollar. The price is currently correcting lower after tagging the $9,600 resistance area. There is a key bullish trend line forming with support near $9,340 on the hourly chart of the BTC/USD pair (data feed from Kraken). Both Ethereum…
Ripple price is gaining momentum and it recently climbed above $0.3000 against the US dollar. The price traded towards the $0.3050 resistance area and it is currently correcting lower. Yesterday’s highlighted key bearish trend line was breached with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken). There was…
Ethereum price is rising and it broke the key $185 and $186 resistance levels against the US Dollar. Bitcoin is up around 3% and it managed to climb above the $9,400 resistance. There is a new bullish trend line forming with support near $185 on the hourly chart of ETH/USD (data feed via Kraken). The…
The bitcoin price climbed by more than 40 percent after China’s President Xi Jinping endorsed blockchain technology in his speech on October 25. Global outlets were quick to correlate the two events, stating that investors [probably] increased their holdings in bitcoin, hoping that the Chinese people would also do the same by taking cues from…
A custom technical signal that has predicted Bitcoin’s price trends to a tee over the past six weeks is printing a buy, implying that BTC may soon mount higher. The indicator doesn’t show where Bitcoin is headed, but there are some analysts expecting the cryptocurrency to reenter the $10,000 range in coming trading sessions. Related…
Bitcoin price is struggling to climb higher above the $9,300 and $9,400 resistances against the US Dollar. The price is trading in a range above the key $9,000 and $8.960 support levels. There was a break below a connecting bullish trend line with support near $9,240 on the hourly chart of the BTC/USD pair (data…
The total crypto market cap is currently in a range above the $230.0B support area. Bitcoin price is currently consolidating above the key $9,000 support area. EOS price is trading above the $3.200 support area and facing resistance near $3.350. BCH price is currently correcting lower and it is approaching the $280 support area. Tron…
Ripple price is holding an important support area near the $0.2880 level against the US dollar. The price is facing a lot of hurdles on the upside near the $0.2940 and $0.2950 levels. There is a major bearish trend line forming with resistance near $0.2945 on the hourly chart of the XRP/USD pair (data source…
Ethereum (ETH) hasn’t done too hot over recent months. Ever since Bitcoin (BTC) started rallying earlier this year, altcoins across the board have suffered, falling against the market leader. However, ETH is purportedly in the thick of a buy zone. Simultaneously, a number of analysts have claimed that the second-largest cryptocurrency is ready to head…
ETH price found support near the $178 zone and is correcting higher against the US Dollar. The price is currently consolidating above the $180 support area, with a few positive signs. There is a major bullish trend line forming with support near $182 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…