The total crypto market cap is down more than 10% and it broke the $200.0B support area. Bitcoin price declined heavily and traded below the $7,500 support area. EOS price is down more than 8% and it traded close to the $2.500 support area. BCH price is still holding the main $200 support area, with…
Ripple price declined heavily after it broke the key $0.2850 support area against the US dollar. The price tested the main $0.2500 support area and it is currently rebounding above $0.2650. There is a major bearish trend line forming with resistance near $0.2800 on the hourly chart of the XRP/USD pair (data source from Kraken).…
Analyst, Chris Mancini claims governments are increasingly turning to gold, and not Bitcoin, in order to hedge against economic uncertainty. Motivated by geopolitical wranglings, as well as a desire to reduce dollar reliance, the Chinese and Russian central banks are driving demand for gold. Is Bitcoin now out of the picture? Gold Trumps Bitcoin In…
Bitcoin price is declining after it failed to climb above the key $8,300 resistance against the US Dollar. The price is under pressure and it is now trading below the $8,000 support area. There was a break below a connecting bullish trend line with support near $8,080 on the hourly chart of the BTC/USD pair…
Ethereum price is currently struggling to climb above $178 and $180 against the US Dollar. Bitcoin price is declining and it seems like it failed to stay above $8,220 and $8,200. There is a short term bullish trend line forming with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). The…
Bitcoin was trading in positive territory on Monday to uphold gains it made during this weekend. The benchmark cryptocurrency surged by 0.07 percent to trade near $8,230 as of 1140 UTC. At its session high, it was trading at $8,301.85, which was 4.37 percent higher than Friday’s closing point. The upside came as a part…
XRP continues a solid performance throughout October. This comes off the back of weeks of sideways action from Bitcoin. And while it’s too soon to call a start to altseason, XRP is still up 13% since the beginning of October, hovering around the $0.29 mark. However, critcisms of the relationship between Ripple and XRP, as…
There was a steady decline in bitcoin price below the $8,200 support against the US Dollar. The price is currently trading below $8,000 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair (data feed from…
While mere days ago analysts were calling for Bitcoin (BTC) to correct higher to $9,000 and potentially even higher, this bullish scenario has not panned out. On the contrary, in fact. Since the weekend, the leading cryptocurrency has returned to $8,000 and has even started to flirt with the $7,000s once again. Related Reading: Bitcoin…
Bitcoin price corrected higher, but it faced hurdles near $8,120 and $8,140 against the US Dollar. The price is declining again and it could gain momentum below the $8,000 support. There is a major bearish trend line forming with resistance near $8,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…