The total crypto market cap declined recently, but stayed above the $280.0B support area. Bitcoin price is down more than 8% and it recently tested the $10,800-11,000 support area. BCH price is trading above the $400 support area and is facing hurdles near $425 and $430. EOS price is struggling to settle above the key…
Ripple price retested the main $0.3900 support area and climbed higher against the US dollar. The price is likely forming a decent support base above $0.3900 and it might rise in the near term. There was a break above a major bearish trend line with resistance near $0.4000 on the hourly chart of the XRP/USD…
ETH price failed to break the $322 resistance area and declined again against the US Dollar. The price broke the $310 support area and even tested the $290 support level. There was a break below a major ascending channel with support near $303 on the hourly chart of ETH/USD (data feed via Kraken). Similarly, there…
After a nasty upward move, bitcoin price corrected below $12,000 against the US Dollar. The price towards the $10,400 support and recently started a fresh increase above $11,500. There is a major contracting triangle forming with resistance near $12,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely…
ETH price completed a downside correction near the key $275 support area against the US Dollar. Bitcoin price is back above the $12,000 level and is signaling a strong bullish momentum. There is a key ascending channel in place with support near $310 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…
After correcting towards the $10,400 support, bitcoin price recovered above $11,000 against the US Dollar. The price broke the $11,800 resistance, but it faced a strong resistance near the $12,400 level. There was a break below an ascending channel with support near $11,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).…
Goldman Sachs Group is interested in exploring the possibilities of launching a crypto asset like bitcoin, according to the bank’s chief executive officer David Solomon. The prominent investment banker told France’s Les Echos newspaper that Goldman is conducting thorough research on tokenization, the method of digitizing currencies or assets to enable their smooth transfer over…
After setting a new 2019 high near $11,800, bitcoin price declined sharply against the US Dollar. The price declined below the key $13,200 and $12,000 supports to trim most gains. There is a connecting bearish trend line forming with resistance at $11,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
The total crypto market cap declined sharply from the $380.0B swing high and even broke $300.0B. Bitcoin price is down more than 20% from the recent high and even broke $11,500. EOS price down more than 15% and it recently broke the key $6.00 support area. BCH price is down around 16% and it recently…
Ripple price failed to hold the key $0.4500 support and declined heavily against the US dollar. The price even broke the key $0.4220 support level and it is now trading below $0.4150. There is a short term contracting triangle forming with resistance near $0.4120 on the hourly chart of the XRP/USD pair (data source from…