Bitcoin price declined heavily and traded below the $10,000 and $9,500 levels against the US Dollar. The price traded close to the $9,100 level and recently started an upside correction. Yesterday’s highlighted key bearish trend line is still active with resistance near $9,740 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Bitcoin has suffered significant losses after dropping by thousands of dollars to take its value below the $9,500 level. Market analysts believe that the criticism of Facebook’s cryptocurrency Libra by the US senators has unsettled investors. The sentiment, therefore, could push the bitcoin price further lower. Nevertheless, the cryptocurrency would not go anywhere near its…
The total crypto market cap declined heavily and even broke the $250.0B support area. Bitcoin price settled below the $10,000 support level and spiked towards $9,200. Binance coin (BNB) price dived more than 10% and even broke the $25.00 support level. Litecoin (LTC) price broke the key $90.00 and $85.00 support levels to enter a…
Ripple price failed to climb above the $0.3230 resistance and resumed decline against the US dollar. The price broke the $0.3000 support level and traded to a new monthly low at $0.2835. This week’s followed bearish trend line is active with resistance at $0.3075 on the hourly chart of the XRP/USD pair (data source from…
ETH price declined heavily and broke the $220 and $210 support levels against the US Dollar. The price is down around 15% and it even broke the $200 support area to move into a bearish zone. There is a key bearish trend line forming with resistance near $210 on the hourly chart of ETH/USD (data…
Bitcoin price started a decent upside correction after trading as low as $9,784 against the US Dollar. The price traded above the $10,500 and $10,800 resistance levels to start the recent recovery. Yesterday’s highlighted major bearish trend line was breached with resistance near $10,680 on the hourly chart of the BTC/USD pair (data feed from…
The total crypto market cap recovered after it dived towards the $250.0B support area. Bitcoin price also corrected higher above the $10,500 and $10,800 resistance levels. EOS price is currently consolidating above the $4.100 support area. Binance Coin (BNB) settled below the $30.00 level and it is currently trading near $28.00. BCH price is up…
Ripple price found support near $0.2960 and recently recovered higher against the US dollar. The price traded above the $0.3100 resistance area, but it is struggling to break the $0.3200-0.3230 area. The bulls are struggling to gain strength above a bearish trend line with resistance at $0.3185 on the hourly chart of the XRP/USD pair…
Bitcoin price extended its declined and broke the key $10,800 support level against the US Dollar. The price even broke the last swing low and a major support area near the $10,500 level. There is a key bearish trend line forming with resistance near $10,650 on the hourly chart of the BTC/USD pair (data feed…
The total crypto market cap is down more than $50.0B and it recently tested the $255.0B support. Bitcoin price is down more than 10% and even spiked below the $10,000 support level. EOS price broke the $4.50 support level and traded towards the $4.20 support zone. BCH price is down around 20% and it even…